As a multilateral institution, ADB is instrumental in financing procurement transactions and consulting services for investment projects in Asia and the Pacific. The 2024 Annual Procurement Report ...

ADB President Masato Kanda participated in the 12th ASEAN Finance Ministers and Central Bank Governors' Meeting with international financial institutions on 10 April. During the meeting, he affirmed ...

The Water Financing Partnership Facility Annual Report 2024 highlights key activities and achievements of the Facility, following the first full-year implementation of the new operating model of the ...

ADB has issued its first local currency education bond, raising 45.7 billion Mongolian togrog (approximately $13.1 million) to support an education project in Mongolia.

After a rebound in economic growth in 2024 at 4.3% driven by both resource and non-resource sectors, Papua New Guinea’s (PNG) economy is forecast to grow by 4.2% in 2025 and moderate further to 3.8% ...

In the city of Hue, Viet Nam, a new riverside park has transformed the neighborhood, to the delight of local residents. It's part of the Secondary Green Cities Development Project, financed by the ...

The Pacific Approach, 2021–2025 guides ADB’s operations in Niue to build resilience against economic shocks, deliver sustainable services, and promote inclusive and sustainable growth.

MANILA, PHILIPPINES (9 April 2025) — Economies in developing Asia and the Pacific are projected to grow 4.9% this year, down from 5.0% last year, according to the latest forecast by the Asian ...

DILI, TIMOR-LESTE (9 April 2025) — Timor-Leste’s economic growth outlook is positive, with the economy projected to grow at an average annual rate of 3.9% from 2025 to 2026. This growth is driven by ...

COLOMBO, SRI LANKA (9 April 2025) — The Asian Development Bank’s (ADB) flagship economic publication, the Asian Development Outlook (ADO) April 2025, forecasts Sri Lanka’s recovery to continue at a ...

PHNOM PENH, CAMBODIA (9 April 2025) — Cambodia is expected to maintain a steady economic growth trajectory in 2025 and 2026, driven by external demand for manufactured goods and the continued recovery ...

MANILA, PHILIPPINES (9 April 2025) — The economy of the People’s Republic of China (PRC) is forecast to grow by 4.7% this year, supported by policy stimulus that will help mitigate headwinds from ...