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ADB trims economic growth forecast for developing Asia, equity investors remain bullish

by AIP Online Bureau | Dec 14, 2022 | Eco/Invest/Demography, International News

Monetary policy tightening by central banks globally and in the region, the protracted Russian invasion of Ukraine, and recurring lockdowns in the People’s Republic of China (PRC) are slowing down developing Asia’s recovery from the Covid-19 pandemic, ADB...

Digital skills increasing in demand in Asia and the Pacific: ADB and LinkedIn report

by AIP Online Bureau | Oct 6, 2022 | Eco/Invest/Demography, Facts, Technology

“The digital economy in Asia and the Pacific is growing at great speed, with e-commerce expected to reach $2 trillion by 2025. As digital transformation reshapes jobs in the region, there is an urgent need to invest in digital skills and talent,” said ADB...

Asian Development Bank to provide $2.3-$2.5 bn for flood ravaged Pakistan

by AIP Online Bureau | Oct 6, 2022 | Banking & Bancassurance, Disaster & Management, Eco/Invest/Demography, International News, Policy

According to the federal government’s estimate, the floods have caused a collective loss of more than USD 40 billion Islamabad: The Asian Development Bank on Wednesday announced that it will provide USD 2.3 to 2.5 billion for relief operations in the wake of...

ADB partners with global Insurers to mobilize $1 billion in lending capacity to financial institutions

by AIP Online Bureau | Aug 29, 2022 | Banking & Bancassurance, Eco/Invest/Demography, International News

ADB has signed an initial 3-year partnership with Tokio Marine Group , AXA XL, Chubb, Liberty Specialty Markets, and Allianz Trade MANILA: The Asian Development Bank (ADB) has signed an agreement with five leading global insurers which will mobilize up to $1 billion...

ADB approves a $200 million loan to help mitigate ecological & environmental risks in China’s Mulan River

by AIP Online Bureau | Aug 29, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

The project aims to strengthen institutional capacity for environmental management. It will support county-level integrated environment management and climate change adaptation action plans and associated capacity building and public awareness raising. It will also...
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