Multilateral development assistance

Asian Development Bank (ADB)

ADB offers Cambodia loans for malaria, irrigation

The Asian Development Bank will loan Cambodia $64 million for two projects covering irrigation upgrades and malaria control, according to an ADB statement released on 10 November. Keep reading ...

Thailand, ADB join hands for Mekong subregion development

The Asian Development Bank (ADB) and Thailand signed a memorandum of understanding on 15 October, aiming to support economic development programmes mainly in countries along the Greater Mekong Subregion. Keep reading ...

ADB to double climate financing to US$6b for Asia-Pacific

The Asian Development Bank’s (ADB) President Takehiko Nakao announced on 25 September that the ADB will double its annual climate financing to US$6 billion by 2020, up from the current US$3 billion. ADB’s spending on tackling climate change will rise to around 30 percent of its overall ...

ADB cuts growth forecast

The Asian Development Bank (ADB) cut its two-year growth forecast for the region on 22 September, amid a slow recovery in major industrial economies and weaker prospects for China and India. The Manila-based bank said developing Asia’s gross domestic product (GDP) growth is expected to slow ...

ADB set to slash Thai GDP growth forecast

The Asian Development Bank (ADB) will revise down its GDP growth forecast for Thailand to lower than 2.9% this year following the country’s slower-than-expected performance in the first half.  However, the new growth forecast, due to be announced on 22 September, will be higher than 2.5%, ...

Parliament approves more than $300m in soft loans

The Pyidaungsu Hluttaw on 26 August gave the green light to US$305 million in new development loans focused on improving electricity supply, water supply and a major highway. MPs approved a $240 million loan from the Asian Development Bank, $20 million from the ASEAN Infrastructure Fund ...

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