Tags Posts tagged with "Asian Development Bank"

Asian Development Bank

Developing Asia to grow at a slower pace: ADB

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The Asian Development Bank (ADB) on July 16 cut its economic-growth forecast for developing Asia amid slower-than-expected growth in the US and China. The...
Myanmar kyat plunges to new lows

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The general strength of the US dollar and poorly managed currency control by the Myanmar central bank has led to another plunge of the...
China pushes Asian infrastructure bank

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China pushed ahead with the creation of its proposed $50-billion Asia regional bank by signing a memorandum on October 24 with 21 countries, which...
Myanmar strives to secure nationwide electricity access

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Myanmar is making efforts to meet electricity demand in the country and has unveiled an energy bill aimed at curbing extraction and sale of...
Cambodia may miss date for ASEAN Economic Community

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The Asian Development Bank (ADB) has cast fresh doubt over the region’s ability to meet the ASEAN Economic Community’s (AEC) self-imposed 2015 deadline, the...
Myanmar could raise per capita income 500% by 2030, says ADB

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Myanmar’s economic growth rate could rise to 9-10 per cent if the country invests more in human capital and infrastructure, and this could push...
Hydropower project in Laos secures $217m loan

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The Asian Development Bank (ADB) has approved funding worth $217 million for a 290-megawatt hydropower project in Laos The bulk of the electricity generated by...
ADB cuts Southeast Asia 2014 growth forecast to 4.7%

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The Asian Development Bank (ADB) has cut its growth forecast for Southeast Asia this year, as the Thai coup, Indonesia's mineral export ban and...
Thailand to help launch investment bank for Asia

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Thailand has been invited by China to become one of the founding fathers of the Asian Infrastructure Investment Bank (AIIB), which is supported by...
Philippines sets third quarter domestic borrowing plan at $3b

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The Philippine government plans to raise as much as 135 billion pesos ($3.1) billion from the domestic debt market in the third quarter, up...
Philippines to auction new infrastructure deals

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The Philippines has added two new infrastructure ventures to a pipeline of projects it will offer to investors under a public-private partnership scheme, part...
Thai junta’s biggest task: Reviving the economy

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Now that it has been announced by the Thai army leadership that democratic elections will not take place for at least another 15 months,...
Indonesia to start work on world’s biggest geothermal plant

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Indonesia will begin construction next month of its long-delayed $1.6-billion Sarulla project, the world's biggest geothermal power plant, the country's chief economic minister said...
Myanmar foreign investments cross $2b

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Myanmar received $2.21 billion worth of foreign investments in the first four months of 2014, with transport and communication sector leading, media reported Thursday. The...
US company powers electric trikes in the Philippines

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US company EnerDel has reached a long-term agreement with Philippine GerWeiss Motors Corp. to supply lithium-ion battery packs for motorised three-wheeled vehicles on Boracay...
ADB warns Thailand to change politics, address debt

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The Asian Development Bank (ADB) has suggested that once Thailand has a permanent government in place, it should drop its populist policies as a...
Smart water management needed for Asian cities

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Key to the success of Asia's megacities will be smart urban water management, Lisa Hook, a senior program officer for The Asia Foundation’s Environment...
Inequality in the Philippines still high, says ADB

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Inequality in the Philippines might have not changed rapidly in the last 20 years, but the gap between the rich and the poor in...