Asian Development Bank (ADB)
Emerging Asia already in recovery
Asian Development Bank sees strong recovery ahead for Asia’s emerging markets in 2010
ADB names Rajat Nag as MD general
The Asian Development Bank announced Tuesday 14 November it has appointed Rajat M. Nag as its new Managing Director General.
Kuroda's crusade for the ACU
What's behind the Asian development Bank's push for a single currency in Asia? Anthony Rowley reports
ADB says China must tighten monetary policy
A senior Asian Development Bank official told Reuters in an interview on Tuesday 18 July that China needs to tighten its monetary policy to tackle an overheated economy and cut inefficient investment.
Interview with ADB's Kuroda
In an interview published on Sunday 9 April, the President of the Asian Development Bank Haruhiko Kuroda said Asian countries, including China, already have ample foreign exchange reserves and there is no need for them to accumulate more.
Financial Stability Forum concludes meeting
The Financial Stability Forum (FSF) held its fourth Asia-Pacific regional meeting on Thursday 16 March in Sydney, Australia.
Big reserve holders in Asia
The president of the Asian Development Bank, Haruhiko Kuroda, told Dow Jones newswires yesterday that "emerging economies in Asia are well advised to decelerate the accumulation of foreign exchange reserves". "Many of them have more than enough", he said.
First woman takes over as SBP chief
The first woman ever to be appointed as the governor of the State Bank of Pakistan (SBP) took up her position on Monday 2 January.
China allows IFC, ADB to issue debt
China's State Council has given approval for the International Finance Corp and the Asian Development Bank to issue yuan-denominated debt on the mainland, the Ministry of Finance said in a statement on its website.
Hong Kong's Pang on the Asian Bond Fund
In a speech given on 5 May, Peter Pang said the Asian Bond Fund project will bring about many benefits. First, it introduces and promotes new fixed-income products to the Asian markets.
Asia’s currency in the making?
In the first of two articles on initiatives to develop financial markets in East Asia, Anthony Rowley explains why talk of a regional currency has started to get serious.
China seeks outside help to develop debt markets
China has contacted the World Bank and Asian Development Bank to gauge their attitude toward helping develop fledgling Chinese debt markets by launching the first renminbi-denominated bonds to be issued by a foreign institution.
ADB, Uzbek central bank discuss future cooperation
UZBEKISTAN - A delegation of the Asian Development Bank's (ADB) board of directors is visiting Uzbekistan. It is headed by Julian Payne, executive director of the bank, BBC Monitoring reported Wednesday.
Japan-style financial crisis looms for Taiwan
ARTICLE - A researcher with the Asian Development Bank Institute said Thursday that indications are Taiwan may be due for a crisis like the one that hit Japan in 1997.
Taiwan c bank chief protests name change at ADB
CHINA - Central Bank of China (CBC) Governor Perng Fai-nan on Saturday protested Taiwan's name change in the Asian Development Bank (ADB).
Taiwan's central bank head to attend ADB meeting
TAIWAN - Central Bank Governor Perng Fai-nan will attend the annual meeting of the Asian Development Bank to be held in Shanghai next month, Cabinet officials have revealed.
Banker calls for Asian free trade area
UK - The economies of south-east and east Asia should intensify efforts to build a regional free trade area to reduce their dependence on information technology exports to the US, according to Tadao Chino, president of the Asian Development Bank (ADB).
Closing speech of 2001 ADB annual meeting
SPEECH - The Asian Development Bank (ADB) concluded its 34th annual meeting of the board of governors on 11 May. The meeting, which was held in Hawaii, finished with a speech from the President of ADB Tadao Chino.
Address to the Asian Development Bank Meeting
SPEECH - Address by Paul H. O'Neill, Chairman of the Board of Governors and Secretary of the Treasury of the United States to the Asian Development Bank Annual Meeting, Hawaii 2001.
Asian forum Manila Framework Group meets in China
CHINA - The Manila Framework Group regional financial forum started a two-day meeting in Beijing on Mar 28, 2001 to discuss a range of issues including the impact of the slowing U.S. economy, organisers said.
IMF-WB-ADB in bailout package for Sri Lanka
Sri Lanka has been promised a bailout package from the International Monetary Fund, World Bank and the Asian Development Bank (ADB) to help shore up depleted foreign exchange reserves, Central Bank officials said. The officials, who declined to be named,…
ADB appoints new chief economist
The Asian Development Bank has appointed Dr. Arvind Panagariya, Professor of Economics at Maryland University in the United States, as Chief Economist. Professor Panagariya will take up the position in early April 2001.
Vietnam's bad and overdue debts 11.7% of loans
Vietnam's "bad, overdue and uncollectible debts," now total 11.7% of the country's total outstanding loans, central bank governor Le Duc Thuy said Wednesday.