-
17 Oct 17
Financing to mitigate the effects of climate change in the Pacific will more than double to over $500m between 2017 and 2020, the Asian Development Bank has said.
-
13 Oct 17
The government of Vanuatu and the Asian Development Bank have struck a $15.1m agreement for renewable energy.
-
13 Oct 17
New Zealand has delivered a third fiscal surplus, worth NZ$4.1bn (£2.22bn), but this “should be interpreted with caution”, the country’s finance minister has said.
-
11 Oct 17
Southeast Asian nation Timor-Leste needs to make its public spending more efficient as its oil resources are expected to run out in a few years, the IMF has advised.
-
11 Oct 17
Cambodia’s public finance management system has been “substantially strengthened” at a central level, the World Bank has reportedly said.
-
2 Oct 17
The Asian Development Bank plans to up its annual lending to India to $4bn in an effort to accelerate the country’s economic transformation towards upper middle-income status.
-
2 Oct 17
The Asian Development Bank has approved financing of up to $900m to upgrade Sri Lanka’s road network, as well as a $50m loan to fund solar power generation systems.
-
29 Sep 17
Japan’s government needs to set a new timeframe to achieve its budget-balancing goal, currently set for the fiscal year 2020/21, finance minister Taro Aso has said.
-
28 Sep 17
Thailand’s ousted prime minister Yingluck Shinawatra was yesterday sentenced to five years in jail over mishandling a rice subsidy scheme which reportedly cost the country at least $8bn.
-
28 Sep 17
Mongolia’s recovering economy grew by 5.3% in the first half of this year, compared to a 1.2% growth rate recorded in 2016, the Asian Development Bank said this week.
-
27 Sep 17
Australia’s final budget deficit of the last financial year dropped below 2% of GDP to A$33.2bn, down more than A$4bn from the forecast in the 2017-18 budget.
-
26 Sep 17
Former Pakistani prime minister Nawaz Sharif appeared before an anti-corruption court today, as trial proceedings begin following a corruption probe.
-
25 Sep 17
China’s new accounting rules – the basic principles – introduce an accruals system and allow performance to be compared throughout the public sector
-
22 Sep 17
Rating agency Standard & Poor’s has downgraded China’s credit rating due rising debt, which has exposed the country to increased economic and financial risk.
-
22 Sep 17
The Asian Development Bank has approved two loans, totalling $1.1bn, to strengthen Indonesia’s energy sector and promote growth and development.
-
20 Sep 17
The Bangladesh government and the Asian Development Bank signed a $200m loan agreement yesterday, to strengthen urban infrastructure, service delivery, and management in Bangladesh’s...
-
19 Sep 17
The United Nations Population Fund is seeking $13m to provide reproductive health care and prevention against gender-based violence to Rohingya refugees in Bangladesh.
-
18 Sep 17
India has started building its new bullet train line, largely funded by a 0.1% interest loan from Japan.
-
13 Sep 17
The European Commission has announced it is sending €3m in humanitarian aid to Bangladesh and Myanmar to help Rohingya refugees.
-
11 Sep 17
A former finance minister has branded the Indian government’s surprise move to withdraw 500 and 1,000 rupee notes from circulation overnight to weed out so-called ‘black money’ a...
-
4 Sep 17
The UK has allocated £400,000 to flood relief work in Nepal, in addition to the £660,000 already given to NGOs in badly flooded Bangladesh.
-
1 Sep 17
The UK will work quickly after Brexit to establish a new economic partnership with Japan based on the final terms of the deal being negotiated between Japan and the European Union.
-
29 Aug 17
A debate has been sparked in Malaysia over how the country measures its gross domestic product (GDP).
-
29 Aug 17
The Asian Development Bank (ADB) has proposed the creation of national green financing vehicles to promote environmentally and financially sustainable infrastructure investments.
-
25 Aug 17
Indonesia’s finance minister Sri Mulyani Indrawati has received recommendations from the country’s budget committee aimed at improving the draft bill on accountability of the state budget.