• Wed
  • Aug 27, 2014
  • Updated: 7:24pm

Asian Development Bank

Officials make funds appeal to keep Asia growth on track

The Asian Development Bank's donor nations have been urged to replenish the bank's soft-loan funds to allow it to play a greater role in eradicating poverty and foster development in Asia.

Saturday, 1 May, 1999, 12:00am

Beijing ADB's second-largest borrower with US$1.2b in loans

The Asian Development Bank says Beijing has jumped from third- to second-largest borrower last year, as the mainland increased calls for help to expand its infrastructure and for assistance in financial-sector and state-enterprise reforms.

26 Apr 1999 - 12:00am

Controversial dam projects may lose development bank funding

The Asian Development Bank is poised to stop funding controversial dam construction in Laos amid fears of poor viability and rampant illegal logging of some of the region's last rainforests.

'Concerns are being raised by several of our member countries at the current situation,' a source said.

24 Apr 1999 - 12:00am

ADB shuns reality in search for an argument

'Be calm, Hong Kong, and have no fears. Your problem starts in 40 years.' (nod to Dr Seuss) The Asian Development Bank says it is time for Hong Kong to start worrying about its ageing population.

21 Apr 1999 - 12:00am

Mainland forecast to be the region's strongest performer again

The Asian Development Bank (ADB) has forecast the region will see a cautious recovery this year but warned much still depends on the level of financial reform undertaken in crisis-hit countries.

20 Apr 1999 - 12:00am

Ageing SAR 'poses economic hazard'

The Asian Development Bank (ADB) urged the Hong Kong Government to adopt strict financial restraint and resist all pressure to intervene in the economy.

20 Apr 1999 - 12:00am

Global upturn seen in 2000

Morgan Stanley Dean Witter believes global economic growth will pick up at the turn of the century, largely assisted by crisis-containment policies adopted by the Group of Seven leading industrialised nations.

9 Dec 1998 - 12:00am

ADB could call it quits as Sato packs his bags

The president of the Asian Development Bank (ADB), Mitsuo Sato, is to step down in January, because 'after five years I got very tired'.

The ADB should not have much trouble filling the post. There are no jobs in Asia quite as plum as a posting to the bank's Manila headquarters.

1 Aug 1998 - 12:00am

ADB pledges credit boost at right time

The Asian Development Bank (ADB) said it will provide further credit enhancement for sovereign and corporate bond issues when the timing is right.

8 Jul 1998 - 12:00am

ADB approves Hebei road loan

The Asian Development Bank (ADB) yesterday approved a US$180 million loan to the mainland to improve roads in the impoverished areas of Hebei. The loan, repayable over 24 years, included a four-year grace period with interest to be based on the ADB's pool-based system for US dollar loans, presently 6.93 per cent a year, the Manila-based bank said.

19 Jun 1998 - 12:00am