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

Published on May 12, 2024 - 12:00 GMT

3rd Reserve Bank of Fiji-ADBI-APAEA Joint Workshop on Monetary Policy and Central Banking Issues in Asia and the Pacific

Time of Event 8:30 Fiji Time Summary The conduct of monetary policy has become increasingly challenging for emerging Asian economies in recent years because of Russia’s war in Ukraine, the COVID-19 pandemic, unconventional monetary policy and rising …

Distribution channels: Banking, Finance & Investment Industry

Published on May 12, 2024 - 12:00 GMT

Virtual Conference on “Inequality and Development in Rural Asia”

Registration Form Click to register Time of Event TBC Summary Global inequality, strongly linked to poor long-term socioeconomic outcomes, remains alarmingly high. The 2022 World Inequality Report shows that the richest 10% of the global population …

Distribution channels: Banking, Finance & Investment Industry

Published on May 11, 2024 - 12:00 GMT

Q&A: Default and Loss Data by ADB and Other MDBs

On 10 October 2024, ADB published a comprehensive report detailing its sovereign default and loss rates over a 34-year period. This report, made in keeping with ADB’s commitment to data transparency, shows the remarkable credit performance of loans to its …

Distribution channels: Banking, Finance & Investment Industry

Published on May 9, 2024 - 12:00 GMT

Q&A: Building Strong Foundations for a Prosperous, Inclusive, and Climate-Resilient Philippines

The Asian Development Bank (ADB) has been helping the Philippines, its host country, to achieve its development goals for over 5 decades. The country is now one of the region’s fastest growing economies, attracting more foreign direct investments with its …

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Published on May 9, 2024 - 12:00 GMT

Workshop on Poverty Impact and Vulnerability Estimator System Solutions

Time of Event Day 1: 09:30–18:10 Tokyo time Day 2: 09:30–19:00 Tokyo time Summary ADBI has collaborated with the Tokyo-based start-up company LocationMind Inc. and three other organizers—the Asian Development Bank, Innovation Hub, and the High-Level …

Distribution channels: Banking, Finance & Investment Industry

Published on May 7, 2024 - 09:21 GMT

Asia's Semiconductor Powerhouses Can Thrive in the AI Era

East and Southeast Asia are central to over 80% of the world's semiconductor production, crucial for artificial intelligence advancements and global tech growth. Governments in the region should enact policies that attract foreign direct investment, …

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Published on May 6, 2024 - 12:00 GMT

Low Carbon Odyssey: People’s Republic of China’s Story - Scott Morris

Opening remarks by Scott Morris, ADB Vice-President (East Asia, Southeast Asia, and the Pacific), at the Deep Dive Workshop: Low Carbon Odyssey - People’s Republic of China’s Story, Asia Clean Energy Forum 2024, 5 June 2024, ADB headquarters, Manila, …

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Published on May 6, 2024 - 12:00 GMT

Asia Infrastructure Forum 2024 - Bhargav Dasgupta

Keynote address by Bhargav Dasgupta, ADB Vice-President (Market Solutions), at the Asia Infrastructure Forum 2024, 5 June 2024, Singapore Minister Indranee, regional government officials, ladies and gentlemen, good morning and welcome. It is a pleasure to …

Distribution channels: Banking, Finance & Investment Industry

Published on May 6, 2024 - 12:00 GMT

Ninth Tokyo Fiscal Forum

Time of Event Day 1: 10:00 – 16:00 Tokyo time Day 2: 09:30 – 12:15 Tokyo time Summary The Tokyo Fiscal Forum is an annual policy forum on fiscal issues organized by the Japan Ministry of Finance’s Policy Research Institute, the Asian Development Bank …

Distribution channels: Banking, Finance & Investment Industry

Published on May 6, 2024 - 09:21 GMT

Italy to Host 58th ADB Annual Meeting in 2025

TBILISI, GEORGIA (6 May 2024) — Italy will host the Asian Development Bank’s (ADB) 58th Annual Meeting on 4 to 7 May 2025. The meetings will be held in Milan, marking Italy’s first time to host and the first ADB Annual Meeting in Europe in almost a decade. …

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Published on May 6, 2024 - 04:33 GMT

ADB, Citi Sign Agreement to Support SMEs and Boost Trade Through Supply Chain Financing

MANILA, PHILIPPINES (6 May 2024) — The Asian Development Bank (ADB) and Citi have partnered to sign a master risk participation agreement to enhance access to supply chain financing for small and medium-sized enterprises (SMEs) and support more than $100 …

Distribution channels: Banking, Finance & Investment Industry

Published on May 5, 2024 - 14:07 GMT

Address to the Board of Governors 57th ADB Annual Meeting Business Session - Masatsugu Asakawa

Address by Masatsugu Asakawa, President, Asian Development Bank, to the Board of Governors Business Session, at the 57th Annual Meeting, 5 May 2024, Tbilisi, Georgia Introduction Members of the Board of Governors: Welcome to this Business Session of ADB’s …

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Published on May 5, 2024 - 12:00 GMT

ADB and Georgia, together Building a Bridge to the Future

Transcript A country rich in proud traditions and history. An ancient land at the crossroad of civilizations between Europe and Asia. A young nation making giant strides toward the future. Georgia is on a path to, progress, and development aided by …

Distribution channels: Banking, Finance & Investment Industry

Published on May 5, 2024 - 12:00 GMT

57th ADB Annual Meeting: Governors' Business Session

In his address to the Board of Governors, ADB President Masatsugu Asakawa outlined Asia and the Pacific region's growing challenges of climate change, conflict, food insecurity, and increased debt. He highlighted ADB's response, including $100 …

Distribution channels: Banking, Finance & Investment Industry

Published on May 5, 2024 - 12:00 GMT

57th ADB Annual Meeting: Enhancing Safeguards - From Better Policy to Better Implementation

This institutional event focused on ways environmental and social safeguards support inclusive, sustainable, and resilient development and solicited recommendations from the participants on ADB’s draft Environmental and Social Framework. The event was held …

Distribution channels: Banking, Finance & Investment Industry

Published on May 5, 2024 - 09:21 GMT

ADB Governors Approve $1.42 Billion in 2023 Allocable Net Income

TBILISI, GEORGIA (5 May 2024) — The Board of Governors of the Asian Development Bank (ADB) today approved the bank’s 2023 financial statements and a $1.42 billion net income allocation from its ordinary capital resources, the highest in ADB’s history. The …

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Published on May 5, 2024 - 04:31 GMT

As Climate Change Transforms Migration, Governments Must Act to Ease Restrictions

Climate-induced disasters are intensifying in Asia and the Pacific, affecting migration and causing economic strain. The need for effective adaptation strategies and international cooperation is urgent as remittances play a vital role in risk management. …

Distribution channels: Banking, Finance & Investment Industry

Published on May 4, 2024 - 09:19 GMT

Republic of Korea Commits $2 Billion in Cofinancing with ADB

TBILISI, GEORGIA (4 May 2024) — The Republic of Korea today signed a memorandum of understanding (MOU) with the Asian Development Bank (ADB) earmarking $2 billion in cofinancing for ADB sovereign operations over the next 3 years. The cofinancing will …

Distribution channels: Banking, Finance & Investment Industry

Published on May 4, 2024 - 04:31 GMT

Red Alert: How We Can Help the Millions of Workers Who Toil in Searing Heat

Global warming will drastically alter labor markets, affecting health and productivity, particularly for outdoor workers in agriculture, construction, and manufacturing. By 2050, climate-induced heat stress could force significant changes in job structures …

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Published on May 4, 2024 - 04:31 GMT

How to Confront Gender-Based Violence in a Warming World

The correlation between rising temperatures and escalating gender-based violence is having a major impact on women and girls worldwide. The effects of heat stress on social dynamics and individual behavior underscore the urgent need for integrated climate …

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