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AIIB, ADB to co-finance more projects this year: ADB president

AsianDevelopmentBank(ADB)PresidentTakehikoNakaosaidonFridaythattheADBandtheAsianInfrastructureInvestmentBank(AIIB)areexploringco-financingseveraldevelopmentproj

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ADB approves 380 mln USD loan to improve roads in S. Philippines

TheAsianDevelopmentBank(ADB)hasapproveda380-million-U.S.-dollarloantohelpthePhilippinegovernmentstrengthentheroadnetworkinthesouthernMindanaoIsland,thecountry's

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ADB appoints new country director for Nepal

TheAsianDevelopmentBank(ADB)onThursdayappointedMukhtorKhamudkhanovasnewCountryDirectorforNepal.AccordingtoapressstatementreleasedbyADBNepalofficeThursday,Khamud

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ADB keeps China's 2017 growth forecast at 6.7%

China'sgrowthisprojectedtobe6.7percentthisyearand6.4percentfor2018,saidtheAsianDevelopmentBank(ADB)onTuesday,stickingwithitsJulyestimates.Thisisduetobetter-than

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ADB keeps China growth forecast unchanged at 6.7 pct for 2017

TheAsianDevelopmentBank(ADB)onTuesdayprojectedChina'sgrowthat6.7percentthisyearand6.4percentfor2018,unchangedfromitsJulyestimates.InanupdateoftheAsianDevelopmen

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ADB to continue supporting Pakistan’s development agenda

Asian Development Bank on Thursday vowed to continue supporting Pakistan’s development agenda by providing and arranging funds for different projects, helping in policy making and disseminating technical assistance in multiple sectors.

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ADB to continue supporting Pakistan’s development agenda

ByAPDwriterMuhammadSohailISLAMABAD,July7(APD)--AsianDevelopmentBankonThursdayvowedtocontinuesupportingPakistan’sdevelopmentagendabyprovidingandarrangingfundsfor

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ADB approves $2 million grant for relief efforts in Sri Lanka

ByAPDwriterJamilaHusainCOLOMBO,June9(APD)-TheAsianDevelopmentBank(ADB),onFridaysaidithadapprovedaUS2milliondollarsgranttofinancereliefeffortsinSriLankafollowing

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ADB invests 1.5 mln USD for Fiji's presidency of COP23

SUVA, May 8 (Xinhua) -- The Asian Development Bank (ADB) will invest 1.5 million U.S. dollars to assist Fiji's presidency of the 23rd session of the Conference of the Parties (COP23) to the United Nations Framework Convention on Climate Change (UNFCCC), and join the Fijian government's COP23 Advisory Panel.

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Vietnam can learn from China's development experience: ADB official

"In many ways, China has a longer development experience than Vietnam and hence Vietnam can learn from China's development experiences and economic model," said an official of the Asian Development Bank (ADB) Vietnam.

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AIIB to explore cooperation to finance investment projects

Since China put forward the proposal in 2013 that the Asian Infrastructrure Investment Bank be established, there have been speculation that AIIB will menace the existing roles of the Asian Development Bank and other international financial institutions. A prudent and cooperative approach, however, has proved to be an effective way for AIIB to achieve a solid footing on the regional and international arena.Multilateral banks can benefit by following trend of working with development partners

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China, ADB aim to further cooperation on emission reduction through new roadmap

​China will work closely with the Asian Development Bank (ADB) towards its carbon dioxide (CO2) emission reduction targets, as the two sides jointly launched here on Tuesday a visionary road map for the demonstration and deployment of carbon capture and storage (CCS) technology.

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ADB, Britain's DFID provide funding for Pakistan's road project

​The Asian Development Bank (ADB) and the Department for International Development (DFID) of Britain will co-finance the 327 million U.S dollars cost of the 59 kilometer road in Pakistan's northwest that will allow Pakistan to act as a transit artery for goods moving between Arabian seaports in the south and China in the north, officials said Tuesday.

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South Asia's economy to shrink by 9 pct due to climate change: ADB

Climate change will slash up to 9 percent off the South Asian economy every year by 2100 if the world continues on its current "fossil-fuel intensive path," the Asian Development Bank (ADB) said Tuesday.

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1.6 billion in Asia-Pacific might slip back into extreme poverty: ADB

The Asian Development Bank (ADB) said in a report released Thursday that 1.6 billion people in Asia- Pacific are at risk of being pushed back into extreme poverty.

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Myanmar gets ADB soft loan for electricity supply network

Myanmar has got 60 million U.S. dollar new soft loan from the Asian Development Bank (ADB) for the development of its electricity supply network, official media quoted Minister of Electric Power U Khin Maung Soe as reporting Thursday.

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ADB calls for radical changes in energy policies of Asian emerging economies

Unless emerging economies in Asia undertake radical changes in their energy policies, there will be graver environmental problems and wider disparity between the rich and the poor in the region, according to the Asian Development Bank.