Timor-Leste's Growth Remains Strong as Long-term Fiscal Outlook Tightens - ADB

Wed 02 Apr 2014 -

MANILA, Philippines ---- Timor Leste’s non-oil economy will continue to grow strongly in 2014 and 2015, driven by government spending and private sector growth, according to the Asian Development Bank’s (ADB) Asian Development Outlook 2014 (ADO).

Timor -Leste economy predicted to be among the worst hit by climate change -ADB

Tue 26 Nov 2013 -

MANILA, Philippines --- Economic losses from climate change could reach as much as 10% of Timor-Leste’s annual GDP by 2100, making it one of the worst hit in the Pacific, says a new Asian Development Bank (ADB) study.

Climate change to hit PNG economy hardest in the Pacific - ADB

Tue 26 Nov 2013 -

MANILA, Philippines --- Papua New Guinea’s (PNG) economy is likely to suffer the biggest losses in the Pacific from climate change, says a new Asian Development Bank (ADB) study.

Solomon Islands climate change losses could reach 4.7 percent of GDB by 2100 - ADB

Tue 26 Nov 2013 -

MANILA, Philippines --- Agriculture, fisheries and other sectors of the economy will take a severe hit in the face of more extreme temperatures and other climate change-linked events, triggering economic losses of up to 4.7% of annual GDP in Solomon Islands by 2100, says a new Asian Development Bank (ADB) ...

Samoa's climate change losses could reach 3.8 percent of GDP by 2100 - ADB

Tue 26 Nov 2013 -

MANILA, Philippines --- A potential 2°C rise in temperature, a pickup in extreme winds and tropical storms, and a possible sea level rise of up to 1.25 meters could cost Samoa’s economy as much as 3.8% of its annual GDP by 2100, says a new Asian Development Bank (ADB) study.

Vanuatu's climate change losses could exceed 6 percent of GDP by 2100 - ADB

Tue 26 Nov 2013 -

MANILA, Philippines ---- A new Asian Development Bank (ADB) report looking at the effects of climate change in the Pacific region shows that a substantial rise in temperatures on the larger islands of Malampa, Penama and Sanma is highly probable, bringing with it a detrimental impact on agriculture, with spillover ...

Fiji's losses from climate change could reach 4 percent of GDP by 2100 - ADB

Tue 26 Nov 2013 -

MANILA, Philipines --- Fiji’s losses from the impacts of climate change could reach 4% of its annual GDP by 2100, as higher temperatures and more extreme weather events hit agriculture and the broader economy, says a new Asian Development Bank (ADB) study.

Mounting anger at Philippine president’s response to typhoon disaster

Mike Head,
Mon 18 Nov 2013 -

MANILA, Philippines --- Amid reports of hunger and destitution across the central islands of the Philippines, there is growing popular anger over President Benigno Aquino’s response to the devastation caused by Super Typhoon Yolanda (known internationally as Haiyan). The inadequacy and slowness of the official international response has also become ...

Lifestyle diseases' are new threat to Asia Pacific: WHO

Tue 22 Oct 2013 -

MANILA, Philippines --- Asia-Pacific countries face serious challenges from “lifestyle” diseases and ageing populations even as they overcome more traditional illnesses, the World Health Organisation's regional director said Monday.

Pacific fuel demand is high but alternatives are in sight: ADB

Tue 15 Oct 2013 -

MANILLA, Philippines --- The Pacific region’s primary energy demand is projected to more than double from 3.6 million tons of oil equivalent in 2010 to 8.8 tons of oil equivalent in 2035 at an annual rate of 3.7%, the Asian Development Bank’s (ADB) says in its latest Energy Outlook for ...

Higher support for tuna industry in gobal organisations

Wed 09 Oct 2013 -

MANILA, Philippines --- The tuna industry is urgently pledging the Philippines government for the creation of a committee as a lobby group that will defend domestic interests in fisheries organizations worldwide.

Papua New Guinea cites Philippine tuna firms

Tue 17 Sep 2013 -

GENERAL SANTOS, Phillipines ---- Papua New Guinea Fisheries and Marine Resources Minister Mao Zeming acknowledged the contribution of Philippine firms to the growth of his country’s tuna industry through the largest purse seine fishing fleet and cannery operating in the island state.

Filipino, 2 Ni-Vanuatu nationals nabbed for illegal drugs

Mon 01 Jul 2013 -

MANILA, Phillipines --- Anti- Narcotics- agents have arrested three suspected drug personalities, including two Ni-Vanuatu nationals, in an entrapment operation in Dasmariñas City, Cavite, an official said.

Takehiko Nakao elected new ADB President

Fri 26 Apr 2013 -

MANILA, Philippines ---- Takehiko Nakao has been unanimously elected President of the Asian Development Bank (ADB) by its Board of Governors.

Smaller Pacific economies performing well as regional growth slows - ADB

Thu 11 Apr 2013 -

MANILA, Philippines --- Growth in several of the smaller Pacific island economies is expected to accelerate in 2013 and 2014, despite softening growth in the Pacific region as a whole, according to the Asian Development Outlook 2013, released today by the Asian Development Bank (ADB).

ADB vice president to speak at Pacific Energy summit in NZ

Thu 21 Mar 2013 -

MANILA, Philippines--- Asian Development Bank (ADB) Vice President Stephen Groff will lead an ADB delegation to the Pacific Energy Summit, to be held in Auckland on 25-26 March, hosted by the New Zealand Government and the European Union.

Asia-Pacific facing water crisis: ADB

Thu 14 Mar 2013 -

MANILLA, Philippines ---Nearly two thirds of people in the Asia-Pacific region have no clean, piped water at home despite the region's strong economic growth, according to a major report released on Wednesday.