Multilateral development assistance

Asian Development Bank (ADB)

Asia growth outlook brightens on strong exports - ADB

The Asian Development Bank raised its 2017 and 2018 growth forecasts for the region, reflecting rising exports as manufacturers of smartphones to cars to other consumer goods benefited from improving global demand. Developing Asia – made up of 45 countries in the Asia-Pacific region – is ...

The financial system killing environmental activists

A Global Witness report reveals 2016 as the deadliest year yet for environmental defenders. International investors are accused of bankrolling the projects that hundreds of people have been killed protesting. The action many of us take in daily lives to protect the planet might involve the ...

ADB reviews public communications policy

The governments and private stakeholders of Laos, Thailand and Cambodia have now jointly consulted through videoconference, proposals for the Asian Development Bank’s most recent public communications policy review.The Asian Development Bank held the meeting on June 8 welcoming stakeholders including government and private sector counterparts, executing ...

National reconciliation key in Myanmar’s development: ADB

While most of the Japanese people are enjoying five days of Golden Week holidays, areas around Pacifico Yokohama have been busy with people from around the world on business. More than 3000 people from across the globe have been busy attending seminars and meetings on ...

After 50 years, Asian Development Bank looks ahead

The Asian Development Bank set out its strategy for the next decade during the launch of its 50th annual meeting in Japan over the weekend, while also recognising the challenges that remain for the 300 million people still living in poverty in Asia. Addressing the ...

ADB commits assistance to Laos’ development goals

Infrastructure development for transportation connectivity, telecommunications, along with the power, education and health sectors will all be the focus of Asian Development Bank in its continuous assistance to Laos in upcoming years. Director General for ADB’s Southeast Asia Department James Nugent disseminated this plan in ...

Tender to be called for highway upgrading

The Ministry of Construction will call for international firms to tender for upgrading works on a 40-mile section of the Yangon-Nay Pyi Taw-Mandalay Highway starting at Yangon, the ministry’s Permanent Secretary U Kyaw Lin said on April 10. The upgrading works, which will use an ...

Promoting industrial development

As Cambodia moves forward with its Industrial Development Policy, the government is seeking support from international organisations for smooth implementation. The Post’s Kali Kotoski sat down with Li Yong, director-general of the United Nations Industrial Development Organization, to discuss his findings and how the organisation ...

Economy to face new challenges

Cambodia’s economic growth remained strong last year though the Kingdom must now address major systemic challenges to build on its ascension into lower-middle income status in order to maintain healthy levels of development, the Asian Development Bank said in its annual report on April 6. ...

Solid growth expected for Laos this year and 2018: ADB

Laos’ economic growth is picking up in 2017 and 2018, supported by the expansion of production and sale of electricity, buoyant services sector growth, and construction of the cross-border railway, according to a new report from the Asian Development Bank (ADB). Gross Domestic Product (GDP) ...

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