Asian Development Bank

Parliament drops controversial $5 million minimum investment clause and raises foreign ownership allowance from 49 to 50 per cent in its meeting on Friday,...

The delay in issuing Myanmar's new investment law has spurred the Asian Development Bank to express concerns about the country's attractivness to foreign investors...

Soaring growth and reassuring economic fundamentals have made the Philippines secure enough to grant a $1 billion loan to the International Monetary Fund (IMF)...

The 44th ASEAN Economic Ministers meeting that kicked off this Monday in Siem Reap, Cambodia, is focusing on closer cooperation and multilateral funding within...

An ambitious but costly high-speed railways system connecting Hanoi and Ho Chi Minh City and other major towns in Vietnam has been modified by...

The Asian Development Bank (ADB) has forecast "immense stress" on the environment if Asian nations don’t implement green strategies and sustainable energy policies that...

About $100 million of a $500-million loan granted by India has been earmarked for building and improving roads in the Myanmar part of the...

The World Bank has opened up a new country office in Yangon, the commercial capital of Myanmar. The international financial institution will prepare a...

Myanmar aims to overtake both Laos and Cambodia in average income per capita by 2014 or 2015, Radio Free Asia's news service reported on...

The export of commercial services from the Philippines, which are predominantly Business Process Outsourcing (BPO) services for which the country has built up a...

The International Monetary Fund has kept its 2012 growth forecast for the ASEAN-5 countries Indonesia, Malaysia, the Philippines, Vietnam and Thailand. The IMF said in...

With slowing growth in China and India, all eyes are now on the emerging Southeast Asian economies which are showing resilience not only towards these two large trading partners, but also towards the EU debt crisis.

The Asian Development Bank (ADB) will commit $1.87 billion of loans for infrastructure and public sector projects in the Philippines over the next three...

The Asian Development Bank (ADB), the Islamic Development Bank and other multilateral development banks said they will release $175 billion in loans for developing...

The tiny Southeast Asian nation of East Timor plans to upgrade its infrastructure with state investments of up to $1 billion in 2012 from oil and gas revenue and attract foreign investors to engage in public-private partnerships.

The economy of Laos is likely to grow 7.9 per cent in 2012 and 7.7 per cent in 2013, according to an outlook released...

Increased public spending, investment, and private consumption will lift growth in the Philippines over the next two years, but long-standing structural weaknesses remain an...