Asian Development Bank - Latest News [Page 1]

ADB, Vanuatu Sign $5 Million Grant To Boost Transport Projects

Wednesday, 8 September 2021, 6:35 pm | Asian Development Bank

The Asian Development Bank (ADB) and the Government of Vanuatu today signed a $5 million grant to help fund the preparation of ADB-supported land, maritime, and aviation projects in Vanuatu. Vanuatu’s Minister of Finance and Economic Management Johnny ... More >>

ADB And Samoa To Build Efficient, Climate-resilient Port

Friday, 13 August 2021, 6:11 pm | Asian Development Bank

APIA, SAMOA (13 August 2021) — The Asian Development Bank (ADB) and the Government of Samoa participated in a groundbreaking ceremony today to officially start the upgrading of the country’s international port. Prime Minister of Samoa Fiame Naomi ... More >>

ADB And Palau Sign Grants To Protect The Poor And Vulnerable Groups From Covid-19 Impacts

Friday, 6 August 2021, 8:12 pm | Asian Development Bank

Palau’s Minister of Finance and ADB Governor Kaleb Udui, Jr. (seated, centre) signs a $3.71 grant for the Palau COVID-19 Response for Affected Poor and Vulnerable Groups project.  Also pictured are (standing left to right) Kadoi Ruluked, ... More >>

ADB And Marshall Islands Sign $2 Million Grant To Further Financial Management And Soe Reforms

Friday, 6 August 2021, 8:08 pm | Asian Development Bank

Marshall Islands Minister of Finance and ADB Governor Alfred Alfred Jr. (left), ADB Public Sector Economist Rommel Rabanal, and ADB Pacific Department Deputy Director General Emma Veve at the signing of the additional financing grant for the Marshall ... More >>

Adb Approves $150 Million To Boost Transport Network In Solomon Islands

Monday, 7 June 2021, 4:02 pm | Asian Development Bank

The Asian Development Bank (ADB) has approved support of almost $150 million to boost land and maritime connectivity in Solomon Islands. ADB is providing a grant of $74.5 million sourced from the Asian Development Fund and a concessional loan ... More >>

ADB Signs Grants With Tonga And Tuvalu To Help Roll Out Covid-19 Vaccines

Thursday, 20 May 2021, 5:20 pm | Asian Development Bank

The Asian Development Bank (ADB) and the governments of Tonga and Tuvalu have signed separate grant agreements to support the rollout of safe and effective vaccines against the coronavirus disease (COVID-19). A $5.5 million grant agreement with Tonga was ... More >>

ADB Approves $25 Million To Help Palau’s Recovery From COVID-19

Monday, 26 April 2021, 4:49 pm | Asian Development Bank

The Asian Development Bank (ADB) has approved policy-based loans amounting to $25 million to help Palau’s economy rebound from the coronavirus disease (COVID-19) pandemic. The Recovery through Improved Systems and Expenditure Support Program will ... More >>

ADB Approves $18.9 Million For Rollout Of COVID-19 Vaccines In The Pacific

Monday, 26 April 2021, 4:48 pm | Asian Development Bank

The Asian Development Bank (ADB) has approved $18.9 million in grants to help four developing member countries (DMCs) in the Pacific roll out safe and effective vaccines against the coronavirus disease (COVID-19). The grants to Samoa ($8 million), Tonga ... More >>

ADB, UNICEF Support Health Care Workers In Fiji With 22,000 COVID-19 Testing Kits

Tuesday, 2 March 2021, 6:47 am | Asian Development Bank

SUVA, FIJI (1 March 2021) — The United Nations Children’s Fund (UNICEF), together with the Asian Development Bank (ADB), handed over more than 22,000 Cepheid GeneXpert test kits to the Fijian Ministry of Health and Medical Services today as part of ... More >>

ADB, New Zealand Celebrate Milestones For Safe, Resilient Power In Tonga

Thursday, 25 February 2021, 12:23 pm | Asian Development Bank

NUKU’ALOFA, TONGA (25 February 2021) — The Asian Development Bank (ADB) today joined the Government of New Zealand and the Government of Tonga to celebrate the completion of two key areas of a major electricity project providing Tongans with ... More >>

$9 Billion ADB Facility To Help Members Access And Distribute Covid-19 Vaccines

Saturday, 12 December 2020, 6:18 am | Asian Development Bank

The Asian Development Bank (ADB) has launched a $9 billion vaccine initiative—the Asia Pacific Vaccine Access Facility (APVAX)—offering rapid and equitable support to its developing members as they procure and deliver effective and safe coronavirus ... More >>

ADB Vows To Be Developing Asia’s Partner For Recover From Covid-19

Saturday, 19 September 2020, 6:12 am | Asian Development Bank

The Asian Development Bank (ADB) is committed to partnering with developing economies in Asia and the Pacific to achieve their recovery goals from the coronavirus disease (COVID-19) pandemic, President Masatsugu Asakawa said in an address to ADB’s Board ... More >>

ADB’s Investment For Building Urban Resilience In Pacific To Hit $900 Million

Friday, 17 July 2020, 7:16 pm | Asian Development Bank

Sewerage system construction under the ADB-funded Koror-Airai Sanitation Project in Palau MANILA, PHILIPPINES (17 July 2020) — The Asian Development Bank (ADB) and cofinancing partners’ investment to make Pacific towns and cities more livable ... More >>

ADB Expands Presence in the Solomon Islands

Sunday, 26 February 2017, 8:17 pm | Asian Development Bank

ADB Expands Presence in the Solomon Islands HONIARA, SOLOMON ISLANDS (24 February 2017) — The Prime Minister of Solomon Islands Manasseh Sogavarejoined the Director General of the Asian Development Bank’s (ADB) Pacific Department Xianbin Yao today ... More >>

ADB Unveils New Pacific Strategy

Thursday, 1 September 2016, 1:55 pm | Asian Development Bank

MANILA, PHILIPPINES (1 September 2016) – The Asian Development Bank’s (ADB) new 5-year strategic framework for the 11 smallest Pacific countries focusses on reducing the high costs of business and services; better managing economic, financial, ... More >>

Tonga: Funds to Cut Diesel, Boost Solar in Outer Islands

Thursday, 22 October 2015, 5:21 pm | Asian Development Bank

NUKU’ALOFA, TONGA (22 October, 2015) – The Asian Development Bank (ADB) and development partners are extending assistance of nearly $5.8 million to help Tonga scale up the existing Outer Island Renewable Energy Project aimed at cutting reliance ... More >>

Overcoming Skill Shortages Provides a Major Boost to Growth

Tuesday, 20 October 2015, 5:32 pm | Asian Development Bank

HONG KONG, CHINA (20 October 2015) — Improving the quality of education, as defined by higher cognitive abilities, can reap huge dividends for economic growth in developing Asia in coming decades, says a new Asian Development Bank (ADB) report. More >>

Asia's SMEs Need Growth Capital to Become more Competitive

Monday, 7 September 2015, 2:00 pm | Asian Development Bank

Asia’s small- and medium-sized enterprises (SMEs) need finance to help them grow into dynamic, internationally competitive companies. This is key to strong, sustainable growth in Asia as the world recovers from the recent global economic slowdown, says ... More >>

Banks Provided $28 Billion in Climate Finance

Thursday, 18 June 2015, 4:13 pm | Asian Development Bank

MANILA, PHILIPPINES (18 June 2015) — The world’s six large multilateral development banks (MDBs) delivered over $28 billion in financing last year to help developing countries and emerging economies mitigate and adapt to the challenges of climate ... More >>

Australia Increases Funding for ADB Private Sector

Wednesday, 17 June 2015, 9:30 pm | Asian Development Bank

SYDNEY, AUSTRALIA (16 June 2015) – The Government of Australia has agreed to provide an additional $8 million to an Asian Development Bank (ADB) initiative to support private sector development in Papua New Guinea (PNG), ADB announced today. More >>