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

Published on July 26, 2024 - 13:28 GMT

Annual Conference on Indonesia Economic Development (ACIED) 2024: The Best Recipe for Indonesia to Escape Middle Income Trap and ...

Agenda Click to view Time of Event 8:00-13:00 (local time); 10.00-15.00 (Tokyo time) Summary With the recent election in March 2024, a new government under President-elect Prabowo Subianto is preparing to take office in an Indonesia still experiencing …

Distribution channels: Banking, Finance & Investment Industry

Published on July 26, 2024 - 12:59 GMT

ADB Approves $400 Million Loan to Reconstruct Flood-Damaged Houses and Facilities in Pakistan

MANILA, PHILIPPINES (26 July 2024) — The Asian Development Bank (ADB) today approved a $400 million concessional loan to support the reconstruction of houses and community infrastructure in Pakistan’s Sindh province damaged by the devastating floods in …

Distribution channels: Banking, Finance & Investment Industry

Published on July 26, 2024 - 07:01 GMT

ADB, Kazakhstan Sign a Transaction Advisory Agreement for Hydropower Development Program

LONDON, UNITED KINGDOM (26 July 2024) — The Asian Development Bank (ADB) has signed a transaction advisory services agreement with the Government of Kazakhstan for its Hydropower Development Program. ADB’s mandate is to work with the government to conduct …

Distribution channels: Banking, Finance & Investment Industry

Published on July 26, 2024 - 07:01 GMT

ADB Invests $40 Million in Green Bonds for a Climate-Resilient Water Supply in Georgia

TBILISI, GEORGIA (26 July 2024) — The Asian Development Bank (ADB) has invested $40 million in a bond issuance by Georgia Global Utilities JSC (GGU). The certified green bond—the largest ever issued from a Georgian private corporate entity—aims to enhance …

Distribution channels: Banking, Finance & Investment Industry

Published on July 24, 2024 - 08:47 GMT

ADBI-ADB-APAEA-GDUFE Joint Workshop on Climate Change, Debt Management, and Monetary and Fiscal Policy Design

Agenda Click to view Biographies of the Speakers Click to view Time of Event 8:30-15:40 Bangkok time Summary The design of monetary and fiscal policy has become increasingly challenging for emerging Asian economies in recent years because of multiple …

Distribution channels: Banking, Finance & Investment Industry

Published on July 24, 2024 - 03:14 GMT

ADB Approves Support to Improve Urban Mobility in India

MANILA, PHILIPPINES (24 July 2024) — The Asian Development Bank (ADB) has approved a $200 million loan to expand metro rail corridors and improve transport connectivity in Nagpur, India. The Nagpur Metro Urban Mobility Project will improve transport …

Distribution channels: Banking, Finance & Investment Industry

Published on July 24, 2024 - 03:14 GMT

$50 Million ADB Grant to Support Climate-Friendly Business Environment in Tajikistan

MANILA, PHILIPPINES (24 July 2024) — The Asian Development Bank (ADB) has approved a $50 million policy-based grant to help the Government of Tajikistan foster a climate-responsive business environment and support small and medium-sized enterprises (SMEs) …

Distribution channels: Banking, Finance & Investment Industry

Published on July 22, 2024 - 06:16 GMT

ADB Partners with KEGOC to Enhance Kazakhstan’s Power Grid, Enabling Large-Scale Renewable Power Distribution

ASTANA, KAZAKHSTAN (19 July 2024) — The Asian Development Bank (ADB) and the Kazakhstan Electricity Grid Operating Company (KEGOC) have signed a financing deal worth 58.2 billion tenge (around $123 million) to expand the high-voltage transmission network …

Distribution channels: Banking, Finance & Investment Industry

Published on July 18, 2024 - 15:40 GMT

19th East Asia Top Level Officials’ Meeting on Competition Policy (EATOP) and 16th East Asia Conference on Competition Law and ...

Time of Event Day 1: 9:00-17:00 Malaysia Time Day 2: 9:00-13:05 Malaysia Time Summary The annual convening of the East Asia Top Level Officials’ Meeting on Competition Policy (EATOP) and the East Asia Conference on Competition Law and Policy (EAC) serves …

Distribution channels: Banking, Finance & Investment Industry

Published on July 17, 2024 - 12:00 GMT

Mekong Forum 2024 Terrain 6—Digitizing the Path to Environmental Stewardship: Digital Technologies and Innovations for the ...

Registration Form Click to register Time of Event Day 1: 9:00–18:00, Bangkok Time Day 2: 9:00–16:00, Bangkok Time Summary The Mekong Forum is an annual flagship event of the Mekong Institute. For 2024, the theme is “Breaking Through New Horizons: …

Distribution channels: Banking, Finance & Investment Industry

Published on July 17, 2024 - 06:19 GMT

ADB Approves Support for Rooftop Solar Systems in India

NEW DELHI, INDIA (17 July 2024) — The Asian Development Bank (ADB) has approved $240.5 million in loans to finance rooftop solar systems in India that will help the government expand energy access using renewable energy. The financing will support tranches …

Distribution channels: Banking, Finance & Investment Industry

Published on July 17, 2024 - 01:25 GMT

ADB Raises Developing Asia and the Pacific’s Economic Growth Forecast for 2024

MANILA, PHILIPPINES (17 July 2024) — The Asian Development Bank (ADB) has slightly raised its economic growth forecast for developing Asia and the Pacific this year to 5.0% from a previous projection of 4.9%, as rising regional exports complement resilient …

Distribution channels: Banking, Finance & Investment Industry

Published on July 16, 2024 - 09:04 GMT

ADB to Help Improve Perinatal Care in Uzbekistan

MANILA, PHILIPPINES (16 July 2024) — The Asian Development Bank (ADB) has approved a $100 million concessional loan to help the Government of Uzbekistan improve perinatal health services for pregnant women and their newborns. “ADB supports the government’s …

Distribution channels: Banking, Finance & Investment Industry

Published on July 16, 2024 - 04:02 GMT

Building Futures: The Role of Youth Safe Housing in Seoul’s Urban Development

Low rents for Youth Safe Housing The Youth Safe Housing program, the largest housing support program for young people, operates through two primary methods. The first is the public lease method where Seoul Housing & Communities Corporation (SH …

Distribution channels: Banking, Finance & Investment Industry

Published on July 15, 2024 - 12:05 GMT

How to Leverage Technology for Noncommunicable Diseases and Mental Health

Innovative health technologies are enhancing mental health care and the management of noncommunicable diseases, particularly in low and middle-income countries. These advancements offer cost-effective solutions for screening, diagnosis, and patient care, …

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Published on July 15, 2024 - 06:26 GMT

People and Planet: Addressing the Interlinked Challenges of Climate Change, Poverty and Hunger in Asia and the Pacific

Description This is a side event of the 2024 High Level Political Forum on Sustainable Development. Against the backdrop of compounding crises such as climate change, the COVID-19 pandemic, and the recent cost-of-living crisis, inequalities have been …

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Published on July 12, 2024 - 09:00 GMT

Four Actions to Incorporate Climate and Health Care into Policy

Climate change has exacerbated weather hazards and health risks, driving the need for climate-resilient health systems. Effective adaptation strategies, innovative technologies, and sustainable financing are essential for safeguarding vulnerable …

Distribution channels: Banking, Finance & Investment Industry

Published on July 12, 2024 - 04:03 GMT

ADB, Australia, and Tonga Partner to Commission Climate-Resilient Wharf at Nuku’alofa Port

NUKU’ALOFA, TONGA (12 July 2023) — The Asian Development Bank (ADB) today joined the Governments of Australia and Tonga in a commissioning ceremony for Wharf 1, the latest milestone of the Nuku’alofa Port Upgrade Project. Tonga Prime Minister Hu’ …

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Published on July 11, 2024 - 12:06 GMT

The Right Policies Can Separate Economic Growth from Pollution

While emerging economies primarily experience rising CO2 emissions with growth, and high-income nations see declining emissions, actions such as addressing income inequality, promoting sustainable tourism, investing in alternative energy, and encouraging …

Distribution channels: Banking, Finance & Investment Industry

Published on July 11, 2024 - 12:06 GMT

ADB Approves Support for Power Sector Reforms in Sri Lanka

MANILA, PHILIPPINES (11 July 2024) — The Asian Development Bank (ADB) today approved a $100 million policy-based loan to support and facilitate reforms aimed at enhancing the financial sustainability of the power sector in Sri Lanka. The Power Sector …

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