Asian Development Bank Press Releases - EIN Presswire - Press Release Distribution Service

Published on October 15, 2024 - 14:50 GMT

New Publications by GEMs Consortium Offer Further Insights into Emerging Market Credit Risk

LUXEMBOURG (15 October 2024) — Two new publications released today by the GEMs Consortium—a group of 26 multilateral development banks (MDBs) and development finance institutions (DFIs)—provide further insights on the level of credit risk in emerging …

Distribution channels: Banking, Finance & Investment Industry

Published on October 15, 2024 - 09:13 GMT

2024 Asia PPP Practitioners’ Network Conference: Advancing Sustainable and Resilient PPPs in a Dynamic Landscape

Time of Event Day 1: 9:00–17:30 Korean Standard Time Day 2: 9:30–15:00 Korean Standard Time Summary With the growing demand for sustainable infrastructure and challenges in mobilizing private capital, countries in Asia and the Pacific face significant …

Distribution channels: Banking, Finance & Investment Industry

Published on October 15, 2024 - 08:45 GMT

ADB Invests $12.5 Million in Khan Bank’s Milestone Green Bonds, a First in Mongolia

ULAANBAATAR, MONGOLIA (15 October 2024) — The Asian Development Bank (ADB) has invested $12.5 million in a green bond issued by Khan Bank JSC under the first green thematic bond program on the Mongolian Stock Exchange. The proceeds from the three-year …

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Published on October 15, 2024 - 08:45 GMT

Human-centered Design Improves Transport in Ulaanbaatar’s Ger Areas

ADB used human-centered design for the Improving Transport Services in Ger Areas project. Prior to the start of the project, ADB conducted a detailed needs assessment, engaging residents in Ulaanbaatar’s ger areas to understand what improving transport …

Distribution channels: Banking, Finance & Investment Industry

Published on October 15, 2024 - 08:45 GMT

Disasters Trigger More Displacements than Conflicts, Says New ADB-IDMC Report

MANILA, PHILIPPINES (15 October 2024) — Global disasters accounted for more displacements in 2023 than conflict and violence, and governments and multilateral development banks must invest more to prevent and manage these crises, according to a new report …

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Published on October 15, 2024 - 03:25 GMT

ADB, Arnur Credit Sign Deal to Boost Financial Access for Women-Owned Small Businesses in Kazakhstan

ASTANA, KAZAKHSTAN (15 October 2024) – The Asian Development Bank (ADB) and Arnur Credit Limited Liability Company have signed a senior unsecured loan of up to $5 million (in tenge equivalent) to expand access to finance for micro, small, and medium-sized …

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Published on October 14, 2024 - 10:30 GMT

New ADB Country Director for Pakistan Assumes Office

ISLAMABAD, PAKISTAN (14 October 2024) — The Asian Development Bank (ADB) has appointed Xiaoqin (Emma) Fan as its new Country Director for Pakistan. She joined the Pakistan Resident Mission today to officially commence her role. As Country Director, Ms. Fan …

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Published on October 14, 2024 - 05:09 GMT

ADB, Partners Open Renewable Based Minigrid to Deliver Clean Electricity to Niuafo’ou

NIUAFO’OU, TONGA (14 October 2024) — The Asian Development Bank (ADB) and the governments of Tonga and Australia commissioned the Niuafo’ou hybrid minigrid as part of the cofinanced Tonga Renewable Energy Project. The new grid will provide clean, reliable, …

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Published on October 12, 2024 - 12:00 GMT

High-Level 16th Regional Environmentally Sustainable Transport Forum in Asia

Description Since 2005, the Regional Environmentally Sustainable Transport (EST) Forums have brought together a national government with multiple line-ministries in their quest for more sustainable transport development. National government participants …

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Published on October 12, 2024 - 12:00 GMT

National Conference on Inclusive Clean Energy Solutions in ADB Operations

Description This conference is being organized by the ADB Sectors Group Energy and Human and Social Development (Social Development Practice Team), in collaboration with the Nossal Institute (Melbourne University). The conference will focus on the ongoing …

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Published on October 11, 2024 - 06:26 GMT

ADB, Papua New Guinea Agree on Action Plan to Accelerate Project Implementation

PORT MORESBY, PAPUA NEW GUINEA (11 October 2024) — The Asian Development Bank (ADB) and the Government of Papua New Guinea (PNG) today agreed on a timebound action plan to accelerate the implementation and improve the performance of ADB-financed projects …

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Published on October 10, 2024 - 07:52 GMT

Call for Papers: ADB-IEA Innovative Policy Research Award 2025

The ADB-IEA Innovative Policy Research Award aims to promote the application of innovative empirical research in economics to support evidence-based policies in addressing key development challenges in Asia and the Pacific. There is no restriction on …

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Published on October 10, 2024 - 02:11 GMT

ADB Publishes Sovereign Default and Loss Rates, Demonstrating Low Credit Risk in Sovereign Operations

MANILA, PHILIPPINES (10 October 2024) — The Asian Development Bank (ADB) has published a comprehensive report detailing its sovereign default and loss rates over a 34-year period. This report is made in keeping with ADB’s commitment to data transparency …

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Published on October 8, 2024 - 04:47 GMT

Additional ADB Grant to Strengthen Energy Security in Central Asia

DUSHANBE, TAJIKISTAN (8 October 2024) — The Asian Development Bank (ADB) has approved additional grant financing of $15 million to help Tajikistan scale up an ongoing project to reconnect the country’s power system to the Central Asian Power System (CAPS) …

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Published on October 8, 2024 - 04:47 GMT

Targeted Policies for Digital Creative Industries Can Drive Economic Growth in Asia and Pacific

MANILA, PHILIPPINES (8 October 2024) — Coherent national strategies that develop talent and expand digital creative industries can help developing countries tap into the global creative economy, generating high-quality jobs that contribute to economic …

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Published on October 7, 2024 - 18:19 GMT

ADBI-Bank Indonesia-ADB-APAEA Joint Workshop on Monetary Policy and Central Banking Issues in Asia and the Pacific

Agenda Click to view Biographies of the Speakers Click to view Time of Event 8:30 Central Indonesian Time Summary The conduct of monetary policy has become increasingly challenging for emerging Asian economies in recent years because of Russia’s war in …

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Published on October 7, 2024 - 18:19 GMT

ADB-ADBI Book Launch: Designing Competition Policy for Economic Development in Asia and the Pacific

Time of Event 9:30 AM Tokyo time Summary Designing Competition Policy for Economic Development in Asia and the Pacific analyzes competition policy in Asia and the Pacific through the lens of how it can support and promote economic development in the region …

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Published on October 7, 2024 - 11:40 GMT

ADB Supports Digitalization and Financial Inclusion in Fiji

SUVA, FIJI (4 October 2024) — The Asian Development Bank (ADB) will partner with the Reserve Bank of Fiji to support the development and implementation of a national ID and electronic Know Your Customer (eKYC) program, designed to boost access to banking …

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Published on October 7, 2024 - 06:03 GMT

New ADB Country Director for Azerbaijan Assumes Office

BAKU, AZERBAIJAN (7 October 2024) — The Asian Development Bank (ADB) has appointed Sunniya Durrani-Jamal as its new Country Director for Azerbaijan. She joined the Azerbaijan Resident Mission today to officially commence her role. Ms. Durrani-Jamal will …

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Published on October 7, 2024 - 06:03 GMT

ADB Approves Support to Deliver Irrigation Water in Nepal

MANILA, PHILIPPINES (7 October 2024) — The Asian Development Bank (ADB) has approved a $125 million financing package to provide long-term sustainable solutions to increase year-round access to irrigation water in rural communities in Rautahat and Sarlahi …

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