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ADB Joins Global Effort to Reduce Mounting Death Toll on Roads
A majority of the world's fatal traffic accidents occur in the Asia-Pacific region and concerted regional and country responses are needed to address the issue, ADB Vice-President Ursula Schaefer-Preuss said today.
India's Assam State to Boost Capacity, Access to Power as Demand Grows
India's Assam state is to expand its electricity transmission and distribution capacity, and increase access in remote communities in a bid to meet growing demand and cut poverty.
ADB Financing Facility to Accelerate Infrastructure Rollout in India
ADB will provide India up to $700 million in loans to accelerate its rollout of infrastructure projects through public-private partnership initiatives.
South Asia Taps Tourism Potential for Inclusive and Sustainable Growth
Efforts by India, Nepal and Bangladesh to take advantage of the tourism potential of their rich natural and cultural attractions, including many of the world's major Buddhist sites, are getting support from the Asian Development Bank.
Indonesia Steps Up Drive for Stronger, More Liquid Capital Markets
The Asian Development Bank is providing further financial assistance to Indonesia to support its drive to develop deeper, more liquid capital markets as part of ongoing financial reforms to strengthen the economy.
Skilled Workers Key to Cambodia's Continued Economic Growth
Rising demand for skilled labor and inadequate investment in vocational training has created a shortage of skilled workers in Cambodia, impacting on productivity and economic growth.
Need for Correct Timing on Exit Strategies for Stimulus Packages: ADB President
The hasty withdrawal of economic stimulus packages could derail developing Asia's ongoing recovery, ADB President Haruhiko Kuroda said on Friday.
Bank Mandiri Obtains $105 Million Loan Facility from ADB
PT Bank Mandiri (Persero) Tbk. has signed a $105 million loan facility with ADB to strengthen its financing structure.
Indonesia Project to Step Up Poverty Reduction Drive in Rural Villages
Indonesia, with support from ADB, is expanding its national poverty reduction program that will boost services and infrastructure and build social capital in some of the poorest rural communities in the country.
Korea Joins ADB's Future Carbon Fund with $20 Million Commitment
The Republic of Korea today became the first Asian country to join the ADB's Future Carbon Fund with a $20 million commitment to acquire post-2012 carbon credits.
Grant to Improve Rural Roads in Solomon Islands
A partnership of government and international development agencies today announced a $24 million grant package which aims to improve access to markets, health and education services among rural and urban households in Solomon Islands through an expansion of the Solomon Islands Road Improvement Project.
Bhutan to Build Southern Highway to Boost Growth, Cut Poverty
An efficient and reliable road network is hampering development in southern Bhutan, and the government is now targeting a major road link there to boost growth and livelihood opportunities in one of the country's most remote and poor regions.
South Asia to Reap Benefits of Easing Trade, Investment Barriers
Removing barriers to trade and investment will help advance integration efforts in South Asia and deliver sweeping benefits to the region, a new ADB study shows.
Lao PDR Adopts Sector Program Support to Improve Primary Health Care
Lao People's Democratic Republic, with support from the ADB, is initiating the first-ever program assistance for the country's health sector.
ADB, IDB to Work More Closely to Strengthen South-South Links
ADB President Haruhiko Kuroda and the Inter-American Development Bank President Luis-Alberto Moreno signed a partnership agreement today in Tokyo that will see their two institutions work more closely in areas ranging from trade facilitation and regional cooperation to climate change.
Tourism Rebounds in Pacific, Raising Hopes of Recovery, Says ADB
A recent increase in Australian and New Zealand tourists to Pacific island countries has raised hopes the region's vital tourism industry is recovering after being buffeted by the global financial crisis, according to a new ADB publication.
PRC to Develop Small Towns and Cities to Ease Migrant Flows into Major Center
The People's Republic of China is moving to develop secondary towns and cities to help stem the flow of rural migrants into larger centers, which has caused a sharp urban-rural income gap and put pressure on the environment.
ADB Announces Asia-Pacific Climate Change Video Contest
ADB has announced a new video competition - My View: The Asia-Pacific Climate Change Video Contest - to promote awareness of climate change, stimulate debate, and encourage climate change solutions in the lead-up to the 2009 United Nations Climate Change Conference in Copenhagen.
Asia-Pacific Must Invest Up to $9.7 Trillion by 2030 to Meet Energy Needs
The Asia and Pacific region must invest between $7 trillion and $9.7 trillion in the energy sector from 2005 to 2030 to meet the rapidly growing demand for energy in the region, according to a new report released by the Asian Development Bank.
Sustainable Urbanization Key to Sustainable Growth, Says ADB
With more than one billion people in the Asia and Pacific region expected to join the urban population in the next 20 years, sustainable economic development is not possible without sustainable urbanization, said a senior official from the Asian Development Bank.
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