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Asian Development Bank

World Bank steps up Philippine typhoon aid to $1b

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

Myanmar has received a $60 million new soft loan from the Asian Development Bank (ADB) for the development of its electricity supply network, official...
ADB: ASEAN economic integration by 2015 ‘unlikely’

The Asian Development Bank (ADB) said in a new study released on October 24 that ASEAN is "unlikely to meet its targeted economic integration...
Asian Development Bank concerned about TPP

The Asian Development Bank on October 24 expressed concern over the "ambitious and wide-ranging" agenda of the Trans-Pacific Partnership (TPP), a proposed regional free...
Investment giant Blackstone opens office in Singapore

US-based Blackstone Group, the world’s biggest manager of alternative assets, will seek more investments in Southeast Asia following the opening of an office in...
Malaysia puts nuclear power plans on hold

The Malaysian government will shelve plans to build nuclear power plants despite rising energy needs driven by economic and population growth, the Wall Street...
Vietnam presses ahead with nuclear power plans

Vietnam is pressing ahead with Southeast Asia's most ambitious civilian nuclear energy programme. Foreign companies and governments are competing to get a toehold in...
ADB gets involved in Cambodia’s post-election impasse

Cambodia's opposition leader Sam Rainsy has asked the Asian Development Bank (ADB) to suspend funding to Cambodia, whose government he says was not formed...
ADB maintains 5.2% GDP forecast for Vietnam in 2013

The Asian Development Bank (ADB) has maintained its 5.2 per cent GDP growth forecast for Vietnam in 2013 and said gradual progress in settling...
ADB releases inflation forecast – Vietnam worst

The Asian Development Bank (ADB) on October 2 released an update to its 2013 outlook for developing Asia, spanning 45 countries in Asia and...
ADB cuts growth forecast for developing Asia

The Asian Development Bank (ADB) cut its economic growth forecast for developing Asia on October 1, citing weakness in region's two largest economies China...
Does Myanmar’s ex-junta hold $11b in Singapore?

A report by the Banking Information Center (BIC), a Washington-based non-profit organisation that monitors international financial institutions, Myanmar's government was holding "up to $11...
Myanmar to pass new company law

Myanmar plans to pass a new company act by the end of 2014 that aims to "improve transparency and update rules governing the operations...
ADB lends Cambodia $70m for reforms

Asian Development Bank (ADB) on August 26 signed loan agreements worth $70 million with Cambodia to expand the country’s rice sector and promote reforms...
Go Philippines, but do your homework first

Times are changing. The Philippines, which probably has been seen as not more than a constant source of foreign workers, maids and nurses for...
New road to riches for Vietnam exports

A second arterial highway linking Vietnam’s commercial capital Ho Chi Minh City with the Mekong Delta and southern coastal regions will be built with...
Intervie – Thinking ASEAN in business

Grooming executives: Asian Institute of Management
Electric vehicles become popular in the Philippines

The Philippines is leading the way on use of electric vehicles, and is positioned to become a huge market for that industry. Last year, the...