Asian economic growth is bouncing back
ADB reports growth for the year 2017 and 2018...
Tag : ADB
Emerging East Asian bond yields fall as region withstands global uncertainty
This covers the period from December 31 to mid-February Bond yields in emerging East Asian markets fell between December 31 and mid-February despite the risk of accelerated pace of interest rate hikes in the United States (US), the Asia Bond Monitor of Asian Development Bank (ADB) said. “Emerging East Asia’s improved growth outlook and strong...
ADB plans to raise around $25-30 billion from the capital markets in 2017
Sells $3.75 billion 5-year global benchmark bond...
Asia Prosperity Requires More Innovation, Inclusion, Integration – ADB President
DELHI, INDIA – Growth in Asia and the Pacific has been more robust than expected after the global crisis, and must be sustained for the region to reduce poverty and increase prosperity, Asian Development Bank (ADB) President Takehiko Nakao said in his first address to the ADB Board of Governors....
Investment agreement signed for TAPI pipeline
It exemplifies ADB’s role in promoting regional cooperation April 13, 2016: The shareholders of the TAPI Pipeline Company Limited (TPCL) signed an Investment Agreement in a ceremony witnessed by petroleum ministers and senior government officials of Turkmenistan, Afghanistan, Pakistan and India, and senior Asian Development Bank (ADB) officials. It will pave the way for long-term...
ADB, partners to help energy sector drive Indonesia’s growth
Country’s energy industry has suffered underinvestment due to subsidies October 8, 2015: The Asian Development Bank (ADB) has approved a $500 million loan, including $100 million from the ADB-administered ASEAN Infrastructure Fund, to help stimulate Indonesia’s energy sector, support the government’s reform agenda, and unleash the sector’s potential as a key engine of sustainable economic...
China’s slowdown will affect world economy
East and Southeast Asia will be hit harder Shang-Jin Wei August 5, 2015: After many decades of driving regional growth, the economy of the People’s Republic of China (PRC) is now slowing down, and this is likely going to have a noticeable effect on the world economy and especially globally integrated economies in developing Asia....
‘With AIIB around, ADB will no longer be complacent’
ADB was not doing much lending before as Japan was too busy trying to put its own house in order Suparna Goswami Bhattacharya July 31, 2015: Since the day China announced its intention to set up Asian Infrastructure Investment Bank (AIIB), US has been skeptical about its intention. Same with Japan. Though initially, supporters were...
ADB sees strong growth for Asia in 2015 and 2016
“Developing Asia is making a strong contribution to global economic growth”, says ADB Chief Economist Shang-Jin Wei. March 26, 2015: Developing Asia will maintain its strong economic growth in 2015 and 2016 supported by soft commodity prices and recovery in the major industrial economies, says a new Asian Development Bank (ADB) report. ADB’s flagship annual...
Islamic Microfinance market size touches $1bn, says CEO of CIBE
Islamic Microfinance is rapidly gaining acceptance in Muslim and Non- Muslim countries due to its remarkable performance in poverty eradication; because of which, this industry is making quick progress. Islamic Microfinance is rapidly gaining acceptance in Muslim and Non- Muslim countries due to its remarkable performance in poverty eradication; because of which, this industry is...