“Farming is in my blood, and I can’t imagine doing anything else,” said Mahim Mazumder, a farmer from Assam. “Even though the past three to five years have seen drastic changes—with temperatures rising so much that even sitting under a tree no longer offers relief—I will keep farming, even if it only yields a small […]

“It’s been horrible; I’ve been sick on and off for the last 10 days,” said 29-year-old asthmatic Natasha Sohail, who teaches A-Level students at three private schools in Lahore. Last week, her condition worsened with a vertigo attack and fever. “It’s criminal what is happening here,” said an incensed Sohail, referring to the “band-aid measures” […]

“We’re ready to testify before the QuadComm as victims of extrajudicial killings,” Rosenda Lemita said, stressing that they want Duterte and those responsible to face investigation. For these families, the government’s “nanlaban” excuse is not just for the drug war but also for silencing activists.

A male fourth-year business administration student of PHINMA Cagayan de Oro College stressed that the delay [of allowances] could affect students’ academic performance, especially those who do not have parents to rely on like him.

It’s no coincidence that extreme heat is engulfing huge swaths of Asia, Europe and North America all at the same time.

Iran’s President Masoud Pezeshkian said Tehran will not be able to ignore its arch-foe the United States and needs to “handle its enemies with forbearance”, state media reported on Tuesday, a week after Donald Trump won the U.S. presidential election. “Whether we like it or not, we will have to deal with the U.S. in […]

The town planning department on Tuesday signed a contract for the demolition of two apartment buildings in the government housing settlement of Platy in Aglandja, Nicosia, as part of the government’s Ktizo plan, which aims atimproving living conditions in refugee estates. According to a statement released by the interior ministry, the agreed cost for the […]

A bill discussed at the House labour committee on Tuesday would change pensions given to widowers and see them brought in line with those given to widows. It was submitted by independent socialist MP Kostis Efstathiou. Akel MP and committee chair Andreas Kafkalias said the current division between widowers who receive a pension and those […]

Construction company Aktor (formerly Intrakat) is now seeking over €35 million in damages through the courts after the public works department terminated the contract with regarding the Paphos-Polis road project, according to its CEO Alexandros Exarchou, who spoke at an online press conference. “We are compelled to pursue our legal rights in Cyprus and, if […]

The Paphos-Polis highway is the fourth public project this government has terminated because of major disputes with the contractor. Last year it pulled the plug on the waste treatment plant in Pentakomo, while earlier this year it ended the contract for the Larnaca port and marina with Kition Ocean Holdings followed by the termination of […]

Wednesday will be mainly sunny in most areas with a chance of isolated afternoon rains, mainly in the mountains and in the south. Temperatures will rise to 25C inland and on the coasts and 14C in the higher mountains. Winds will be mainly south-to north-westerly, light to moderate, up to 4 Beaufort. The sea will […]

U.S. President-elect Donald Trump on Tuesday named Elon Musk to a role aimed at creating a more efficient government, handing even more influence to the world’s richest man who donated millions of dollars to helping Trump get elected. Pete Hegseth, a Fox News commentator and veteran has been picked for the post of secretary of state. […]

By Danielle Broadway Actor and director John Krasinski was named People magazine’s “sexiest man alive” for 2024 on Wednesday, taking over the mantle from “Grey’s Anatomy” actor Patrick Dempsey. “Just immediate blackout, actually. Zero thoughts,” Krasinski told People in reaction to the news. The actor is perhaps best known for his sardonic nice guy role […]

ADB’s Country Partnership Strategy for Bhutan for 2024-2028 aims to enable inclusive, sustainable, resilient, and job-creating growth.

Uncovering crucial gaps in climate change data systems reveals how these deficiencies hamper our understanding of climate impacts on vulnerable populations in developing Asia. How can we empower national statistical systems in collecting and analyzing data they need to effectively tackle climate change?

Opening remarks by Roberta Casali, ADB Vice-President for Finance and Risk Management, at the 2024 Asian Regional Forum on Investment Management of Foreign Exchange Reserves, 25 September 2024, Japan

Understanding the roots and complexities of fragility helps ADB meet the challenges facing many countries in Asia and the Pacific.

Remarks by Masatsugu Asakawa, President, Asian Development Bank, at the 21st Annual Meeting of the Independent Accountability Mechanisms of Multilateral Banks and International Financial Institutions, 1 October 2024, ADB headquarters, Manila, Philippines

The Mortgage Market Sector Development Program aims to transform the government’s housing financing approach to a market-based mortgage system that can provide long-term and affordable housing loans to low- and middle-income households, with specific consideration to home ownership by women.

The Asian Development Bank is ramping up investment in technical and vocational education and training in Bhutan, which is helping to train thousands

Decision makers need to analyze, exchange, and disseminate statistical information effectively in today’s data-driven world. See how Statistical Data and Metadata eXchange (SDMX) standards are helping create robust data links across the globe.

ADB sought to understand what improving transport meant for the community. Prior to project design, consultations were conducted with residents in Ulaanbaatar’s ger areas. Design decisions were tested back to ensure that mobility pain points were addressed.

A sovereign exposure exchange is a cost-effective risk management tool used by multilateral development banks (MDBs) to reduce sovereign portfolio concentration risks. It provides capital relief for MDBs by exchanging loan guarantees on credit exposure from borrowing countries where an MDB is highly concentrated for exposure to countries where the MBD’s exposure is lower or nonexistent.

The Innovative Finance Facility for Climate in Asia and the Pacific, or IF-CAP, is a multi-donor financing partnership facility with the goal of scaling-up finance for accelerated action against climate change in Asia and the Pacific.

Developing Asia’s outlook remains upbeat, with falling inflation and solid growth driven by strong domestic demand and exports. But risks remain, including geopolitical tensions and rising protectionism. How can the region remain resilient?

Mongolia's nomadic herders, reliant on fragile ecosystems, are facing increasing challenges from climate change. The Asian Development Bank is empowering these communities with small grants and targeted initiatives to build climate resilience.

ADB’s report on sovereign default and loss rates demonstrates the low credit risk in ADB's sovereign operations, with an average default rate of 0.54% over the last 34 years and zero new defaults from 2010 to 2021.

This infographic examines how extreme heat disproportionately impacts women in Asia and the Pacific, presenting data on health and economic vulnerabilities shaped by intersecting factors like age, hormonal influences, caregiving roles, and limited cooling access.

Remarks by Masatsugu Asakawa, President, Asian Development Bank, at the 30 Years of Kazakhstan-ADB Anniversary Reception, 8 November 2024

Bamboo value chain can be developed and scaled up to support climate action, create green jobs, resilient businesses, and financial health, especially for the region's rural communities.

With ADB’s support, Azerbaijan is investing heavily in renewable energy to encourage sustainable growth and diversify the country’s energy supply.

Intervention by Masatsugu Asakawa, President, Asian Development Bank, on behalf of the multilateral development banks at COP29, World Leaders Summit, 12 November 2024

Remarks by Masatsugu Asakawa, President, Asian Development Bank, at the Innovative Finance Facility for Climate in Asia and the Pacific Kick-Off Event, 12 November 2024

The Federal Reserve’s monetary policy has become increasingly data-dependent, with inflation and employment figures driving the nascent easing cycle. What does this mean for Asia’s financial markets?

ADB has a vacancy for the position of Experts Pool: Senior Disaster and Climate Risk Financing Specialist in the Sustainable Development and Climate Change Department. The deadline for submitting applications is on 11 January 2022.

ADB has a vacancy for the position of Senior IT Officer (Change Lead) in the Information Technology Department . The deadline for submitting applications is on 13-NOV-2024.

ADB has a vacancy for the position of Senior Compliance Review Officer in the Office of the Compliance Review Panel. The deadline for submitting applications is on 21-NOV-2024.

ADB has a vacancy for the position of Senior Secretariat Assistant in the Office of the Secretary. The deadline for submitting applications is on 18-NOV-2024.

ADB has a vacancy for the position of Associate IT Officer (Technology Operations Governance and Service Management) in the Information Technology Department . The deadline for submitting applications is on 19-NOV-2024.

ADB has a vacancy for the position of Senior Financial Control Assistant in the Controller's Department. The deadline for submitting applications is on 21-NOV-2024.

ADB has a vacancy for the position of Senior/Principal Planning and Policy Specialist in the Strategy, Policy and Partnerships Department. The deadline for submitting applications is on 22-NOV-2024.

ADB has a vacancy for the position of Transport Specialist in the Sectors Group. The deadline for submitting applications is on 21-NOV-2024.

ADB has a vacancy for the position of Associate Climate Change Officer in the Climate Change and Sustainable Development Department. The deadline for submitting applications is on 23-NOV-2024.

ADB has a vacancy for the position of Senior Administration and Communications Assistant in the Strategy, Policy and Partnerships Department. The deadline for submitting applications is on 26-NOV-2024.

ADB has a vacancy for the position of Project Officer (Transport) in the Sectors Group. The deadline for submitting applications is on 26-NOV-2024.

ADB has a vacancy for the position of (Associate) Human Resource Officer in the Budget, People, and Management Systems Department. The deadline for submitting applications is on 20-NOV-2024.

The Asian Development Bank (ADB) has provided loans to financial intermediaries to support projects “whose individual financing requirements are not large enough to warrant the direct supervision of ADB.”

Public financial management systems in Asia and the Pacific face significant challenges, with many indicators falling short of international standards. Fixing these issues requires a strategic, transparent, and carefully timed approach to reform.

Public financial management systems in Asia and the Pacific face significant challenges, with many indicators falling short of international standards. Fixing these issues requires a strategic, transparent, and carefully timed approach to reform.

To support e-commerce, public-private collaboration must prioritize closing the digital divide, supporting small businesses, and promoting environmental sustainability. Strengthening data governance, competition, and tax frameworks are also key to resilient and equitable e-commerce.