Asian Development Bank

ADB loans for mainland infrastructure increase

LOANS to China by the Asian Development Bank (ADB) rose 28.6 per cent last year to a cumulative total of more than US$4.08 billion as the bank helped it build infrastructure.

During 1994, China was lent $1.17 billion.

Wednesday, 12 April, 1995, 12:00am

ADB warnings a bit melodramatic

FOR years incredulous Westerners have been looking at the Asian economies, and asking, 'How long can this keep going on?' Prediction of imminent end to the miracle of the dragons has always proved premature, but here it comes again.

7 Apr 1995 - 12:00am

China outlook ignores the harsh realities

THE Asian Development Bank's (ADB) optimistic economic forecasts should make its ears burn.

In last year's annual economic outlook, the bank pronounced China's double-digit economic growth 'unsustainable'.

7 Apr 1995 - 12:00am

Asia to maintain growth

THE developing countries of Asia will continue to grow faster than any other region in the world, the Asian Development Bank said yesterday.

The Asian Development Outlook, the ADB's annual publication, showed that Asia was expected to register a growth rate of 7.6 per cent this year and 7.4 per cent in 1996.

6 Apr 1995 - 12:00am

ADB approves aid increase

THE Asian Development Bank (ADB) has increased its assistance to Sri Lanka for this year to US$190 million, from last year's commitment of $130 million, according to government sources.

They said an ADB team, comprising eight executive directors, had reached agreement after extensive discussions with President Chandrika Kumaratunga.

6 Mar 1995 - 12:00am

ADB urges development of Asian capital markets

DEVELOPING Asian countries must build up their capital markets to boost efficiency, limit foreign debt, and free up access to funds, says Asian Development Bank (ADB) senior treasury officer Peter Balon.

10 Jan 1995 - 12:00am

Moody's gives low-risk ADB its top rating

SUPRANATIONALS such as Asian Development Bank (ADB) have a limited appetite for risk, says Moody's, which has assigned it a triple-A counterparty rating for derivatives activity.

It said the ADB was one of 15 supranationals rated, only three of which did not receive the top triple-A rating.

23 Dec 1994 - 12:00am

Better auditing wanted

CHINA is trying to improve the auditing of foreign investment projects, especially with loans granted by the World Bank and the Asian Development Bank.

An official of the State Audit Administration said the efforts were bound to help increase returns on investments and prevent or reduce losses, Xinhua (the New China News Agency) reported.

12 Dec 1994 - 12:00am

US$100b programme

DEALS in the power business tend to involve big amounts of money and several levels of decision making. Because of this, few firm business agreements are expected to be struck at the EP China show itself.

But the exposure and contacts at the show made it an important industry event.

14 Oct 1994 - 12:00am

Lenders lighten the load

BIG multilateral lenders such as the Asian Development Bank (ADB) are important sources of capital for China.

ADB project manager Bruce Murray said the bank's strategy recognised that energy shortages and transport and communications bottlenecks were major constraints for China's economic growth.

8 Sep 1994 - 12:00am

Free markets wanted to fill capital void

ASIA'S infrastructure requirements are likely to force nations to liberalise capital markets and facilitate an expansion of financing techniques, according to Bob Broadfoot, managing director of the Political and Economic Risk Consultancy (PERC).

28 Jul 1994 - 12:00am

Region needs US$950b to fund growth

ASIA will need an estimated US$950 billion in capital to fund its massive infrastructure requirements to the end of the century, according to the Asian Development Bank (ADB.) ''In the past, most of the developing member countries have allocated about five per cent of their Gross Domestic Product (GDP) on infrastructure,'' said Eustace Nonis, deputy director of the ADB's infrastructure depart

28 Jul 1994 - 12:00am

Golden opportunity for HK debt market

WITH average growth in the Asia Pacific region running at around seven per cent, pump-priming is the last thing that might appear on the agenda.

20 Apr 1994 - 12:00am

Call for private sector to fund infrastructure

THE poor state of infrastructure development in Vietnam is a major impediment to the country's economic growth and adversely affects its attractiveness to foreign investors, according to a construction group.

Vinaconex Leighton, which has been granted a licence to operate in Vietnam, said the country needed about US$40 billion to develop its infrastructure.

25 Mar 1994 - 12:00am

Philippines gets US$520m loan to boost sector

THE World Bank announced in Manila yesterday a US$520 million loan instalment to bolster the Government's programme of strengthening the Philippines' financial system.

23 Dec 1993 - 12:00am