Tagged: asian development bank

October 19, 2026 @ 8:09 pm By Michael Wong  |  

Multilateral development banks (MDBs) are stepping up efforts to attract private investment into emerging markets and increase their lending capacity as developing economies face mounting debt pressures, economic uncertainty, and climate-related disasters. The heads of the world’s major multilateral lenders met at the Asian Development… Read More

July 27, 2026 @ 8:44 am By Michael Wong  |  

Early-stage companies developing solutions in clean energy, sustainable agriculture, inclusive finance, and other priority sectors may receive up to $400,000 in seed funding under a new program launched by the Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA). ADB Ventures, the venture… Read More

July 5, 2026 @ 12:45 pm By Michael Wong  |  

The Asian Development Bank (ADB) and Golomt Bank have signed a $64 million loan agreement to expand sustainable finance and increase lending to micro, small, and medium-sized enterprises (MSMEs), including women-owned businesses, in Mongolia. The financing package comprises $60 million from ADB’s ordinary capital resources… Read More

June 14, 2026 @ 5:26 am By Michael Wong  |  

Southeast Asian capital market regulators are seeking closer cooperation with their counterparts in Central Asia, a move that could open new channels for cross-border investment and sustainable finance as emerging economies look to diversify sources of capital. The ASEAN Capital Markets Forum (ACMF), chaired this… Read More

May 10, 2026 @ 11:38 am By Michael Wong  |  

The Asian Development Bank (ADB) said it plans to mobilize $30 billion by 2030 to help Southeast Asian nations strengthen economic resilience, deepen capital markets, and accelerate regional energy connectivity as the bloc faces mounting geopolitical and economic uncertainty. ADB President Masato Kanda announced the commitment during the 48th… Read More

July 27, 2025 @ 11:29 pm By Michael Wong  |  

The Asian Development Bank (ADB) has revised down its growth forecasts for developing economies in Asia and the Pacific for both 2025 and 2026, citing weaker external demand, global trade uncertainty, and subdued domestic consumption. According to the Asian Development Outlook (ADO) July 2025 report… Read More

December 1, 2024 @ 8:05 pm By Tony Zerucha  |  

The Asian Development Bank and the Mastercard Impact Fund, administered by the Mastercard Center for Inclusive Growth, have signed a memorandum of understanding to establish a partnership aimed at supporting micro, small, and medium-sized enterprises (MSMEs) across Asia and the Pacific. The initiative will initially… Read More

September 29, 2024 @ 12:31 pm By Michael Wong  |  

Israel officially joined the Asian Development Bank (ADB) as its 69th member and 20th nonregional member on Thursday, after fulfilling all necessary membership requirements. Israel submitted its application for ADB membership in January 2022. The ADB Board of Governors approved the membership on April 14,… Read More

October 8, 2023 @ 1:50 pm By Michael Wong  |  

The Asian Development Bank (ADB) has approved a $300 million policy-based loan to support the Philippines government in creating a stronger institutional and policy environment to help expand Filipinos’ access to financial services, particularly the vulnerable segment of the population, and to promote economic growth…. Read More

September 25, 2023 @ 10:59 pm By Michael Wong  |  

The Asian Development Bank (ADB) has approved a $500 million loan to bolster Indonesia’s progressive endeavors in streamlining investment climates, fortifying trade, and advancing enterprises. The approval is an extension of the Competitiveness, Industrial Modernization, and Trade Acceleration Program (CITA), following the success of its… Read More

September 9, 2023 @ 3:38 pm By Michael Wong  |  

The global trade finance gap soared to an unprecedented $2.5 trillion in 2022, escalating from $1.7 trillion two years prior, reveals the 2023 Trade Finance Gaps, Growth and Jobs Survey presented by the Asian Development Bank (ADB) today. This gap represents the discrepancy between requests… Read More

October 3, 2021 @ 8:54 pm By Omar Faridi  |  

HSBC and Temasek revealed that they’ve formed a partnership in order to launch a $150 million debt financing platform that’s aimed at supporting sustainable infrastructure initiatives with a special focus on Southeast Asia. This project is reportedly a part of efforts to address climate change… Read More

September 12, 2021 @ 3:20 pm By Omar Faridi  |  

BlueOrchard Finance, a Switzerland-based impact investment manager, and the Asian Development Bank (ADB) have entered a $50 million risk-sharing agreement for microfinance coverage in ADB’s developing member countries (DMCs). The firm is reportedly the first impact investment manager to work closely with the ADB’s microfinance… Read More

March 9, 2020 @ 9:57 am By Omar Faridi  |  

The International Chamber of Commerce (ICC) has introduced the Digital Trade Standards Initiative (DSI), which is a collaborative cross-industry project that will aim to develop standards and best practices for conducting digital trade. The ICC Digital Trade Standards Initiative will continue to build on the… Read More

February 6, 2020 @ 11:16 pm By Omar Faridi  |  

The Asian Development Bank (ADB) has launched the ADB Ventures platform in order to channel investments and extend support to Asian firms that are creating platforms for achieving the United Nations’ Sustainable Development Goals (SDGs). ADB’s investment fund is taking contributions from several different partners… Read More

October 26, 2019 @ 2:36 pm By JD Alois  |  

Indonesia is the is 16th largest economy and the 4th largest by population in the world. Both of these numbers are expected to grow in the coming years. There are around 45 million Indonesians who are considered middle class – a number that is joined… Read More

September 24, 2019 @ 10:32 am By JD Alois  |  

The Cambridge Centre for Alternative Finance (CCAF), at Cambridge Judge Business School, is out with the Asean Fintech Ecosystem Benchmarking Study published in partnership with the Asian Development Bank Institute (ADBI) and FinTechSpace in Taiwan. CCAF is the leading research institute covering the global alternative… Read More

September 15, 2019 @ 12:20 pm By Omar Faridi  |  

The Asian Development Bank (ADB), which aims to support social and economic development in Asia, has published a working paper series in which it noted the intention to make investments in decentralized lending platforms in Malaysia is primarily driven by “trust.” The paper points out… Read More

January 12, 2016 @ 9:30 am By Benjamin Twoon & Justin Chow  |  

Southeast Asia (SEA) represents a burgeoning regional economy comprising of 11 countries with a consolidated GDP of US$2.57 trillion (that’s approximately 15% the size of the US economy), and a combined population of 620 million people. It’s no wonder that there’s a buzz around the… Read More