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ASIAN DEVELOPMENT BANK

Wednesday, August 18, 2010 9:24 AM

ADB Loan to Help Marshall Islands Meet Budget Targets, Reform Public Sector

MANILA, PHILIPPINES - The Asian Development Bank (ADB) will provide loan assistance to the Republic of the Marshall Islands to help to achieve long-term fiscal sustainability and to improve the efficiency and effectiveness of the public sector.

ADB's Board of Directors today approved financial assistance to the Government of the Marshall Islands comprising two loans amounting to $14.5 million. A technical assistance grant of $700,000 will also be made available to support the implementation of the Public Sector Program. The program will be supplemented by two proposed projects in the energy and social sectors funded by the Japan Fund for Poverty Reduction. The Public Sector Program supports the Marshall Islands' broad-ranging expenditure and tax reforms, including state-owned enterprise reform. The program is structured...  read more
Category: Regional

Friday, July 23, 2010 8:48 AM

SIG Needs To Do More: ADB

The Asian Development Bank says there's need for the Solomon Islands Government to take immediate action to boost sustainable economic growth.

Its Solomons' Economic Report 2010 outlines the state of the economy and presents a guide to addressing the key development challenges. These show the government needs to increase its efforts in the areas of good governance and private sector development reform. The report warns that the Solomon Islands remain a high-cost, challenging place in which to conduct business and many constraints to private sector development still exist. The ADB recommends the government change that by improving infrastructure through contracting out and greater use of...  read more
Category: Economy

Wednesday, July 07, 2010 10:16 AM

ADB Calls for Asia and Pacific to Make Transition to Solar Power

MANILA, PHILIPPINES - Many countries in Asia and the Pacific are well-suited to solar power initiatives, and incentives and low-cost financing mechanisms should be made available to help the region make the transition possible, Asian Development Bank (ADB) President Haruhiko Kuroda said yesterday.

"The Asia and Pacific region has the right combination of elements - demand for energy, access to sunlight and arid land, technological maturity, and a sound investment climate," Mr. Kuroda said at the First Asia Solar Energy Forum in Manila. However, Mr. Kuroda said that obstacles such as high up-front capital costs of investing in solar energy and a high-risk perception had to date been keeping many solar energy investors on the sidelines. "As a result, there is a risk of 'Solar Divide' where developing countries cannot receive the benefit of environmental technology...  read more
Category: Regional

Tuesday, July 06, 2010 7:23 AM

ADB, Partners Hold Forum to Boost Investment in Asia's Food Sector

MANILA, PHILIPPINES - Hundreds of policymakers, development experts and representatives from the public and private sectors will meet in the Philippines this week to explore new opportunities to boost investment in Asia and the Pacific's agriculture sector.

Co-organized by the Asian Development Bank (ADB), the Food and Agriculture Organization of the United Nations (FAO), and the International Fund for Agricultural Development (IFAD), the 7 - 9 July forum in Manila is a venue to explore new approaches to tackle the region's food security challenges. "Last year, more than 100 million people joined the ranks of the global hungry as a direct result of soaring food prices, two-thirds of whom are here in the Asia and Pacific region," said ADB President Haruhiko Kuroda. "The Investment Forum for Food Security will look at existing barriers...  read more
Category: Regional

Tuesday, June 22, 2010 9:46 AM

ADB Holds Forum to Advance Use of Clean Energy Technology in Region

MANILA, PHILIPPINES - Hundreds of policymakers, energy experts, project developers and investors from around the world will gather in the Philippines this week to discuss boosting investments and technologies to advance clean energy solutions in the Asia and Pacific region.

Hosted by the Asian Development Bank (ADB), the Asia Clean Energy Forum (ACEF) is held annually to discuss technology transfer and finance in a range of areas, including energy efficiency, renewable energy, access to energy for the poor, and climate change. The forum is now in its fifth year. "Building on our substantial response to climate change, we are committed to sharpening our focus on technology to meet the new needs of our developing member countries," said ADB President Haruhiko Kuroda. "ADB's position in the region gives us a strategic advantage in speeding up the...  read more
Category: Regional

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Wednesday, May 05, 2010 9:25 AM

Broader Social Protection Will Spur More Inclusive Growth in Asia, Says ADB

TASHKENT, UZBEKISTAN - Expanding social protection programs in Asia and the Pacific will give poor and vulnerable people more opportunities to benefit from renewed growth in the region while boosting domestic consumption, building human capital, and helping to rebalance economies, a seminar audience heard today

Monday, May 03, 2010 10:05 AM

Asia-Pacific Must Step Up Gender Equity, Says Panel on the Economic Empowerment of Women

TASHKENT, UZBEKISTAN - Asia and the Pacific must do more to improve the welfare and economic empowerment of women in order to unlock their full potential and to achieve the Millennium Development Goals (MDGs), a panel discussion heard at the Asian Development Bank's (ADB) Annual Meeting here today.

Wednesday, April 14, 2010 10:55 AM

Pacific Economies on the Road to Recovery - ADB

SYDNEY, AUSTRALIA - Countries in the Pacific region are expected to post overall average economic growth of 3.7% in 2010, up from 2.3% in 2009, according to a forecast by the Asian Development Bank (ADB)

Thursday, March 18, 2010 9:05 AM

New Companies Act Introduced

Solomon Islands Chamber of Commerce representatives as well as other business and legal professionals yesterday attended a special information and training session on the use of the new, modernised Companies Act.

Wednesday, March 10, 2010 5:57 AM

ADB, AFD Work to Promote Growth, Reduce Poverty and Protect Environment

MANILA, PHILIPPINES - The Asian Development Bank (ADB) and the Agence Française de Développement (AFD) have pledged to continue working closely together and jointly mobilize their resources to promote sustainable growth, fight poverty, and protect the environment in the Asia and Pacific region.

Tuesday, February 23, 2010 7:50 AM

ADB to Issue Inaugural Water Bond

MANILA, PHILIPPINES - The Asian Development Bank (ADB) (rated Aaa/AAA) and Daiwa Securities Group announced today ADB's planned issuance of its inaugural Water Bond to finance its work in the water sector in Asia and the Pacific.

Wednesday, February 17, 2010 8:00 PM

Asia-Pacific MDG Progress Under Threat from Global Economic Crisis

MANILA, PHILIPPINES - A joint report by the United Nations and the Asian Development Bank (ADB) warns that the global economic crisis could trap an additional 21 million people in the Asia-Pacific region in extreme poverty, living on less than $1.25 a day.

Wednesday, February 03, 2010 5:16 AM

ADB Launches New Staff Resources Strategy to Help Meet Development Goals

MANILA, PHILIPPINES - The Asian Development Bank (ADB) launched Our People Strategy today, a comprehensive human resources plan to recruit, retain, and develop the staff it needs to carry out its mission of reducing poverty and improving lives throughout Asia and the Pacific

Tuesday, January 12, 2010 11:20 AM

ADB Strengthens Business Processes to Boost Quality, Responsiveness of Work

MANILA, PHILIPPINES - The Asian Development Bank (ADB) has begun implementing sweeping new changes to the way it does business to improve the quality and responsiveness of its work

Wednesday, December 16, 2009 4:31 AM

Grant to Boost Pacific Economic Growth

MANILA, PHILIPPINES - The Asian Development Bank (ADB) and the Government of Australia today announced a US$12 million grant package which aims to improve the business environment and stimulate private sector investment in the Pacific region


Tuesday, December 08, 2009 11:09 AM
ADB Calls for Ambitious Climate Pact as World Leaders Gather in Copenhagen
Thursday, December 03, 2009 6:14 AM
PNG to Improve Border Links with Indonesia to Aid Poor Provinces
Thursday, November 26, 2009 6:16 AM
ADB Launches New Approach to Improve Development Effectiveness in the Pacific
Wednesday, November 25, 2009 7:19 AM
Pacific Islands Step Up Efforts to Counter Climate Change
Monday, November 09, 2009 9:24 PM
Tourism Rebounds in Pacific, Raising Hopes of Recovery, Says ADB
Thursday, November 05, 2009 9:39 AM
ADB Announces Asia-Pacific Climate Change Video Contest
Wednesday, November 04, 2009 5:00 AM
Sustainable Urbanization Key to Sustainable Growth, Says ADB
Tuesday, November 03, 2009 9:52 PM
Asia-Pacific Must Invest Up to $9.7 Trillion by 2030 to Meet Energy Needs
Thursday, October 15, 2009 3:41 PM
ADB to Help Cook Islands Economy Recover from Crisis
Tuesday, October 06, 2009 6:32 AM
Asia-Pacific Broadcasters Vow to Step Up Fight Against Climate Change
Tuesday, October 06, 2009 6:29 AM
ADB Provides $1 Million for Samoa Tsunami Victims
Friday, October 02, 2009 5:35 AM
ADB President Expresses Sympathy, Offers Assistance to Samoa
Tuesday, September 29, 2009 6:26 AM
ADB Urges Developing Asia to Use Crisis to Spur Economy and Protect Poor
Wednesday, September 23, 2009 5:00 AM
ADB Revises Growth Prospects for Pacific
Friday, September 18, 2009 9:59 AM
ADB and Vanuatu Agree to Five-Year Strategic Development Partnership
Friday, September 11, 2009 5:00 AM
ADB Hosts Meeting of Joint ADB/OECD Anti-Corruption Initiative
Friday, August 28, 2009 8:15 PM
ADB Emergency Loan to Help Rebuild Fiji's Flood-Affected Rural Economy
Thursday, August 27, 2009 9:04 AM
Asia's Progress on Millennium Development Goals Remains Mixed - ADB
Wednesday, August 19, 2009 11:12 PM
Concerted Action Needed Now to Help Stabilize Pacific Economies, Says ADB
Thursday, July 30, 2009 10:48 PM
ADB to Help Coral Triangle Policy Makers Through Better Information Exchange
Wednesday, July 15, 2009 6:30 AM
ADB Improving Its Development Effectiveness, Says Report
Wednesday, June 24, 2009 7:00 AM
ADB President Says Sustained Water Sector Investment Can Help Fuel Growth
Thursday, June 18, 2009 5:31 AM
New Partnership Aims to Expand Access to Modern Energy to 100 Million People by 2015
Friday, June 05, 2009 9:03 AM
IDB, ADB to Share Networks to Promote South-South Trade Flows
Thursday, June 04, 2009 9:03 AM
ADB and Palau Agree to Five-Year Strategic Development Partnership
Thursday, May 14, 2009 5:38 AM
New ADB Report Shows Continued Shift Toward Environmental Sustainability
Wednesday, May 06, 2009 4:36 AM
ADB President Urges New Development Paradigm for Asia and the Pacific
Tuesday, May 05, 2009 6:27 AM
Asia Must Urgently Adapt to Climate Change, ADB Panel Says
Tuesday, May 05, 2009 6:23 AM
'Business As Usual' Approach to Health Failing Women and Children in Asia
Monday, May 04, 2009 9:42 AM
Pacific Can 'Take The Helm' in Responding to Crisis, Says Study
Monday, May 04, 2009 9:28 AM
Sustainable Transport Key to Economic Development and Poverty Reduction, Says ADB Vice-President
Wednesday, April 29, 2009 8:36 AM
ADB to Boost Economic Management in Pacific to Help Region Cope with Crisis
Wednesday, April 22, 2009 5:37 AM
ADB President Welcomes ADB, World Bank Joint Field Presence in Tonga
Friday, March 06, 2009 10:46 AM
Japan, ADB Grant to Improve Living Conditions in Remote PNG Communities
Saturday, February 28, 2009 3:40 AM
ADB Commissions 2nd Water Security Outlook
Saturday, February 14, 2009 6:49 AM
Study to Probe Impact of Health Spending on Asia
Thursday, January 15, 2009 10:59 PM
New Advisory Center to Improve Pacific Infrastructure
Tuesday, December 23, 2008 5:56 AM
ADB to Help Nauru Preserve and Grow Capital for Development through Nauru Trust Fund
Friday, December 19, 2008 5:30 AM
ADB to Help Tuvalu Strengthen Public Financial Management and Good Governance
Thursday, December 18, 2008 4:40 AM
ADB Approves $400M Multi-Tranche Financing Facility for Papua New Guinea
Saturday, December 13, 2008 6:46 AM
Japan and ADB Promote Regional Trade Integration
Thursday, December 11, 2008 5:28 AM
ADB Commences Future Carbon Fund
Monday, December 01, 2008 4:28 AM
HIV and AIDS Online Data Hub Launched
Thursday, November 27, 2008 3:57 AM
Public and Private Sector Cooperation to Combat Corruption in the Asia - Pacific
Friday, November 21, 2008 7:37 PM
ADB to Help Expand Cook Islands' Avatiu Port
Friday, November 07, 2008 9:11 AM
Japan, ADB to Promote Natural Catastrophe Risk Mechanisms for Asia and Pacific
Friday, October 31, 2008 3:02 AM
Japan, ADB to Help Kiribati with Budget Management and Public Sector Reform
Friday, October 24, 2008 6:11 AM
Pacific Nations Must Boost Structural Reform to Withstand Global Crisis - ADB Study
Thursday, October 23, 2008 3:04 AM
Leaders to Forge New Plan to Protect Coral Triangle
Saturday, October 18, 2008 7:18 AM
New Pacific Study Calls for More Consultations, Participatory Governance
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