Tags Posts tagged with "Asian Development Bank"

Asian Development Bank

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...
Mitsubishi to build first electronics plant in Laos

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Japanese electronics maker Mitsubishi will invest $8 million in its first production plant in Laos, reports said on April 9. MMC Electronics Laos Co signed...
Malaysian economy to grow 5.1% in 2014

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Despite the ongoing Malaysia Airlines flight MH370 tragedy that will likely impact tourism receipts for the country, Malaysia’s economy is expected to expand by...
Foreign investment creates 150,000 jobs in Myanmar

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Foreign investment in Myanmar has created more than 150,000 job opportunities for citizens, according to the Myanmar Investment Commission (MIC). The MIC grants permissions for...
Cambodia to grow 7% in 2014: ADB

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Growth in Cambodia is set to ease moderately in 2014 before picking up in 2015 on the back of buoyant exports and robust agriculture...
Philippines to host ASEAN Economic Community forum

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Government officials and entrepreneurs of ASEAN will gather in Metro Manila of the Philippines for the ASEAN Economic Community (AEC) Forum to coordinate regional...
Smart lighting key technology for smart cities

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Emerging lighting technologies are the next frontier in helping cities reduce their energy consumption and create more enjoyable landscapes for their residents, said Mieke...
AEC ‘unlikely’ to kick off by 2015

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The economic integration of the ASEAN Economic Community (AEC) will likely not be attained by 2015, economists of the Asian Development Bank (ADB) said. At...
Philippines may miss 2014 growth targets

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Despite the continued positive outlook by international rating agencies on the Philippine economy in 2014, two important developments, if left unchecked, could change their...
Vietnam rethinks nuclear power strategy

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Vietnam will delay the construction of its first nuclear power plant by six years, state media reported on January 16, amid concerns over safety...
$50b plan for Mekong corridors revealed

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Member countries of the Greater Mekong Subregion (GMS) have agreed to draw up a $50 billion pipeline of potential projects under a new Regional...
Focus on Greater Mekong Subregion tourism

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The tourism potential of the Greater Mekong Subregion, comprising of the regions of six states or provinces that are covering the Mekong River basin,...
Bangkok-full-moon_Arno-Maierbrugger

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The Asian Development Bank (ADB) has lowered its growth forecast for Southeast Asia’s major markets due partly to an expected economic slowdown in the...
ADB funds tourism in Vietnam, Laos, Cambodia

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The Asian Development Bank (ADB) has approved a $100 million aid package to support the development of tourism infrastructure in the three Mekong River...
ASEAN Infrastructure Fund starts lending

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The ASEAN Infrastructure Fund Ltd. (AIF) has commenced lending operations with a $25 million loan to fund power links in Indonesia, becoming a new...
ADB lends Vietnam $50m for small firms development

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The Asian Development Bank (ADB) on November 30 signed an agreement with the Vietnam government for a $50 million loan to foster the development...
World Bank steps up Philippine typhoon aid to $1b

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The World Bank said it raised to almost $1 billion its financial aid package to support relief and reconstruction in typhoon-devastated areas in the...
Myanmar gets ADB soft loan for power grid

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Myanmar has received a $60 million new soft loan from the Asian Development Bank (ADB) for the development of its electricity supply network, official...