Food security, climate change top ASEAN agenda during Malaysia’s chairmanship
20/04/2024 12:00
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.
New Zealand commits $25 million for ADB’s energy transition mechanism
20/04/2024 11:30
(CPV) - The Government of New Zealand has committed $25 million to the Asian Development Bank’s (ADB) Energy Transition Mechanism Partnership Trust Fund (ETMPTF) to support the shift toward clean, sustainable energy in Southeast Asia.
ASEAN foreign ministers call for end to Myanmar violence
20/04/2024 11:00
ASEAN foreign ministers on April 19 issued a statement calling on all parties to immediately cease violence and exercise maximum restraint in the border areas of Myanmar.
Indonesia’s Mount Ruang continues to emit ash
20/04/2024 10:30
After a series of eruptions earlier this week that forced thousands to evacuate, Mount Ruang in North Sulawesi, Indonesia, continued to emit ash on April 19 afternoon.
Thailand, New Zealand agree to elevate ties to strategic partnership
18/04/2024 09:15
Thailand and New Zealand on April 17 agreed to upgrade bilateral ties to a strategic partnership by 2026, on the occasion of the 70th anniversary of bilateral diplomatic ties.
Easing inflation, domestic demand to support faster Philippine growth
13/04/2024 11:21
(CPV) - The Philippine economy is expected to post faster growth this year and the next on the back of slowing inflation, stronger and broad-based domestic demand, and higher public investment, according to a new report released by the Asian Development Bank (ADB) on April 11th 2024.
ADB forecasts developing Asia’s economy to grow 4.9% in 2024
13/04/2024 11:13
(CPV) - Developing economies in Asia and the Pacific are forecast to expand by 4.9% on average this year as the region continues its resilient growth amid robust domestic demand, improving semiconductor exports, and recovering tourism.
Laos strengthens road safety measures during Bunpimay festival
06/04/2024 13:15
The Ministry of Public Security of Laos will deploy more than 700 traffic police officers to over 100 intersections across the capital Vientiane to ensure road safety during the Lao New Year celebration, Bunpimay festival, in mid-April.
Phnom Penh authorities ensure social order for Chol Chnam Thmey
06/04/2024 13:00
Authorities of the Cambodian capital city have issued a directive urging tourists to respect traffic laws during the upcoming traditional Khmer New Year, Chol Chnam Thmey.
ADB readies ASEAN climate finance policy platform
06/04/2024 11:30
(CPV) - The Asian Development Bank (ADB) plans to launch an ASEAN Climate Finance Policy Platform, which will support Southeast Asian finance ministry leaders in advancing collective action in the battle against climate change, ADB President Masatsugu Asakawa announced on the early of April.
Indonesia strives to control domestic rice prices
06/04/2024 11:15
Head of the National Food Agency of Indonesia (Bapanas) Arief Prasetyo Adi said on April 4 that the rice assistance programme for citizens is progressing positively, contributing to price control.
US company steps up AI investment in Southeast Asia
06/04/2024 11:00
The US chip manufacture Nvidia is planning to build a 200 million USD artificial intelligence (AI) centre in Indonesia as part of its push into Southeast Asia.
ASEAN commits to close finance-banking cooperation
06/04/2024 09:30
A Vietnamese delegation led by Minister of Finance Ho Duc Phoc and Deputy Governor of the State Bank of Vietnam Pham Quang Dung attended the 11th ASEAN Finance Ministers and Central Bank Governors’ Meeting (11th AFMGM) held in Luang Prabang, Laos, on April 5.
ADB President stresses role of fiscal policy for high-quality development in China
30/03/2024 11:45
(CPV) - Asian Development Bank (ADB) President Masatsugu Asakawa stressed the need for proactive fiscal policy to achieve high-quality development in the People’s Republic of China (PRC) in his address at the China Development Forum (CDF) in Beijing at the end of March.
Sustainable bond market posts strong growth in ASEAN+3 economies
23/03/2024 13:00
(CPV) - The sustainable bond market of member economies of the Association of Southeast Asian Nations (ASEAN), the People’s Republic of China (PRC), Japan, and the Republic of Korea expanded 29.3% last year, outpacing the 21% growth of the global and euro-area sustainable bond markets, according to a new report by the Asian Development Bank (ADB).
UNDP disrupts global television airwaves with shocking weather forecasts from future to mobilize climate action today
23/03/2024 12:30
(CPV) - Global television audiences who tune in for their local weather reports today are in for a surprise – a special forecast from the year 2050. While the format is familiar, the forecasts – anchored by children – are not.
Thailand works to conserve coral reefs
23/03/2024 11:45
Thai marine biologists are making efforts to save the country’s reefs from degradation driven by warming oceans and human activity like tourism.
Malaysia declines offer to host 2026 Commonwealth Games
23/03/2024 10:45
Malaysia has rejected an offer to host the 2026 Commonwealth Games Federation (CGF). The decision was made at a cabinet meeting on March 22.
Philippines sets Guinness record for largest human image of an organ
17/03/2024 09:00
The Philippines on March 16 set a new Guinness World Record for “largest human lung formation” ahead of World Tuberculosis (TB) Day.
Indonesia encourages use of EV
16/03/2024 11:15
Indonesia continues to push the use of electric vehicles (EVs) with the dream of bluer skies and cleaner air with lower pollution in the country.
Australia's future lies in ASEAN: Scholar
09/03/2024 11:45
Emeritus Professor Hal Hill from the Crawford School of Public Policy at the Australian National University has affirmed that Australia's future really lies in ASEAN.
Thailand, IOM collaborate on int’l worker migration policies
09/03/2024 10:30
Thai Minister of Labour Pipat Ratchakitprakarn has extended a warm welcome to Geraldine Ansart, Chief of Mission in Thailand at the International Organization for Migration (IOM), and the delegation from IOM to Thailand, as both parties discussed the international migration of workers.
ADB should further clarify its strategic priorities to remain aligned with the region’s changing needs
02/03/2024 16:30
(CPV) - The Asian Development Bank’s (ADB) Independent Evaluation Department (IED), in its midterm review of ADB’s Strategy 2030, said the bank needs to further clarify its strategic priorities to remain relevant and responsive to the needs of its developing member countries (DMCs).
ASEAN-Australia Special Summit marks significant milestone: Australian Ambassador
02/03/2024 15:00
The leaders of ASEAN member states and Timor-Leste are descending on Melbourne for a Special Summit to celebrate 50 years since Australia became ASEAN’s first Dialogue Partner in 1974 – an achievement of which Australia is very proud, Australian Ambassador to Vietnam Andrew Goledzinowski has said in his op-ed on the upcoming big event.
ADB sells $3.5 billion 5-year global benchmark bond
29/02/2024 16:00
(CPV) - The Asian Development Bank (ADB) yesterday priced a $3.5 billion 5-year global bond, proceeds of which will become part of ADB’s ordinary capital resources.
Land and maritime project enhances climate resilience of road network and wharves in Solomon Islands
28/02/2024 10:07
(CPV) - The Land and Maritime Connectivity Project that is supported by the Asian Development Bank (ADB) is delivering results and is already boosting land and maritime connectivity and strengthening the transport network in Solomon Islands.
EU carbon tariff likely to have limited impact on emissions without global efforts
27/02/2024 10:58
(CPV) - European Union (EU) import charges on carbon-intensive products are expected to have a limited impact on climate change and only a modest negative effect on economies in Asia and the Pacific, according to research by the Asian Development Bank (ADB).
Climate change impacts severely impede SDGs
24/02/2024 12:00
(CPV) - The impacts of climate change, including slow and sudden onset weather events, are reducing the ability of countries to meet their Sustainable Development Goals (SDGs), according to a report released today by the Asian Development Bank (ADB), United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), and United Nations Development Programme (UNDP).
India to boost fintech in Gujarat
24/02/2024 11:30
(CPV) - The Asian Development Bank (ADB) has approved a $23 million loan to enhance access to quality fintech education, research, and innovation at the Gujarat International Finance Tec-City (GIFT) in India.
ADB opens new location for its office in Samoa to boost development coordination
17/02/2024 11:00
(CPV) - Asian Development Bank (ADB) Vice-President Scott Morris joined Samoa’s Finance Minister and ADB Governor Lautimuia Afoa Uelese Vaai today to open the new premises for ADB’s Samoa Pacific Country Office (PCO) in Samoa’s Central Bank.