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Asian Development Bank - Latest News [Page 2]
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 >>
ADB President Offers Sympathy to the People of Nepal
Tuesday, 28 April 2015, 10:05 am | Asian Development Bank
MANILA, PHILIPPINES – Asian Development Bank (ADB) President Takehiko Nakao has offered his deepest condolences to the Government and people of Nepal for the tragic loss of lives caused by the earthquake which hit the country on April 25. More >>
Interisland shipping support project gets funding boost
Wednesday, 15 April 2015, 12:11 pm | Asian Development Bank
PORT VILA, VANUATU (13 APRIL, 2015) — The Asian Development Bank (ADB), with the Governments of New Zealand and Vanuatu, have provided additional financing of $18.48 million, $4.65 million, and $1.607 million respectively to the Vanuatu Interisland ... More >>
Pacific Insurance Regulators Develop Action Plans
Saturday, 28 March 2015, 11:17 am | Asian Development Bank
SYDNEY, AUSTRALIA (27 March 2015) — Pacific Island insurance regulators have developed regional and individual country action plans to improve supervision of insurance and reinsurance regulatory regimes in the Pacific region. More >>
ADB Provides $1 Million Grant for Vanuatu
Wednesday, 25 March 2015, 10:19 pm | Asian Development Bank
PORT VILA, VANUATU (25 March 2015) – The Asian Development Bank (ADB) is providing a $1 million emergency grant, as part of a broader $5 million assistance package to the Government of Vanuatu in the wake of Tropical Cyclone Pam. More >>
Asian Development Bank to review Sarawak Energy loan
Saturday, 21 March 2015, 11:39 am | Asian Development Bank
Malaysian NGOs score victory in visit to ADB headquarters in Manila - Proposed loan to power supplier Sarawak Energy delayed in order to undergo enhanced due diligence More >>
ADB to Help Cook Islands Generate Solar Power
Monday, 24 November 2014, 2:07 pm | Asian Development Bank
The Cook Islands’ dependence on fossil fuels will be reduced under a project to build solar-powered plants on six of its islands, funded by the Asian Development Bank (ADB), the European Union (EU), and the Government of Cook Islands. More >>
Construction Begins on Susubona Wharf in Santa Isabel
Monday, 13 October 2014, 12:26 pm | Asian Development Bank
Work has begun to upgrade and rehabilitate Susubona Wharf on the southern shore of Santa Isabel. The Government of New Zealand is providing additional finance to upgrade the wharf which will involve the demolition of the existing wharf head and causeway ... More >>
Greater Employment Challenges Loom in the Pacific
Thursday, 3 July 2014, 1:29 pm | Asian Development Bank
MANILA, PHILIPPINES (3 July 2014) – Economies across the Pacific region will face rising challenges in generating needed jobs for their rapidly growing working-age populations in coming years, according to the Asian Development Bank’s (ADB) latest ... More >>
$2 Million ADB grant from Japan to boost trade in Pacific
Thursday, 3 July 2014, 10:20 am | Asian Development Bank
MANILA, PHILIPPINES– The Asian Development Bank (ADB) will help identify and ease constraints on international trade in the Pacific through a $2 million technical assistance grant from the Japan Fund for Poverty Reduction, financed by the Government ... More >>
Rising Fiscal Challenges In The Pacific In 2014 ADB
Monday, 2 December 2013, 2:42 pm | Asian Development Bank
WELLINGTON, NEW ZEALAND (2 December 2013) – Fiscal pressures are expected to increase in the Pacific in 2014, according to the latest issue of the Asian Development Bank’s (ADB) Pacific Economic Monitor , launched today at the offices of the New Zealand ... More >>
A New State-owned Enterprise Policy for Vanuatu
Friday, 1 November 2013, 11:58 am | Asian Development Bank
PORT VILA, VANUATU – The Asian Development Bank (ADB) welcomes the approval of the state owned enterprises (SOE) policy by the Vanuatu Council of Ministers. ADB supported drafting of the policy, which was prepared following extensive government ... More >>
Pacific Fuel Demand is High But Alternatives Are in Sight
Monday, 14 October 2013, 7:39 pm | Asian Development Bank
MANILA, PHILIPPINES (14 October 2013) – The Pacific region’s primary energy demand is projected to more than double from 3.6 million tons of oil equivalent in 2010 to 8.8 tons of oil equivalent in 2035 at an annual rate of 3.7%, the Asian Development ... More >>
ADB to Help Roll Out Energy Savings in Samoa
Tuesday, 10 September 2013, 1:44 pm | Asian Development Bank
Replacing inefficient streetlights and installing energy efficient lamps and air conditioners in government buildings and some hotels are just some of the energy efficiency initiatives planned for Samoa as part of the Promoting Energy Efficiency ... More >>
High Speed Broadband Goes Live in Tonga
Wednesday, 21 August 2013, 6:09 pm | Asian Development Bank
NUKU’ALOFA, TONGA (21 AUGUST, 2013) The World Bank Group, the Asian Development Bank (ADB), and Tonga Cable Corporation (TCC), media and others joined the Government of the Kingdom of Tonga at a ceremony at the Tonga Cable Limited building today to ... More >>
ADB Helps Timor-Leste Access Safe, Reliable Water
Friday, 19 July 2013, 4:07 pm | Asian Development Bank
DILI, TIMOR-LESTE (18 July 2013) – The Government of Timor-Leste, the Asian Development Bank (ADB) and the people of Quintal Bot district participated in a special ceremony today to mark the arrival of safe, reliable water to the district for the first time ... More >>
Challenge For Asia to Maintain Growth Momentum – ADB Report
Tuesday, 16 July 2013, 5:17 pm | Asian Development Bank
MANILA, PHILIPPINES (16 July 2013) – Continued tepid demand from the major industrial economies coupled with slower growth in the People’s Republic of China (PRC) are weighing on the outlook for developing Asia, says a new Asian Development Bank (ADB) ... More >>
Private Sector Reform Can Promote Tonga’s Growth
Friday, 12 July 2013, 11:23 am | Asian Development Bank
Investing in infrastructure and nurturing private sector-led growth is essential to putting the Tongan economy on a path to more sustainable and inclusive growth, according to the Tonga Economic Update and Outlook 2012 , released today by the Asian ... More >>
SOE Reform Key to Boosting PNG Private Sector - ADB
Tuesday, 2 July 2013, 2:52 pm | Asian Development Bank
MADANG, PAPUA NEW GUINEA – Simple reforms to state-owned enterprises (SOEs) in Papua New Guinea (PNG) could lower the cost of doing business and create new opportunities for the country’s private sector, the Asian Development Bank (ADB) told a major ... More >>
ADB, Australia Fund Solar to Help Tonga Cut Fuel Bill
Tuesday, 2 July 2013, 2:47 pm | Asian Development Bank
NUKU’ALOFA, TONGA (2 July 2013) – The Asian Development Bank (ADB) and Australia are to fund the construction and installation of solar power systems on nine outer islands to provide a clean, affordable supply of electricity and to help trim the ... More >>
