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25 Aug 17
The recent increase in Pakistan’s current account deficit was largely driven by a sharp increase in imports of machinery for power generation, textile construction and import of petroleum products,...
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25 Aug 17
Sri Lankan government departments have been warned that all budget proposals for next year should include key performance indicators alongside their output targets.
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22 Aug 17
China’s proposed ’belt and road’ network of surface and sea links to Europe will need measures in place to prevent the spread of epidemics, World Health Organisation director-...
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21 Aug 17
Sri Lanka would be able to meet its current and future electricity demand by use of renewable energy by 2050, according to a joint study by the UN Development Programme and Asian Development Bank.
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21 Aug 17
The World Bank has signed a zero-interest $200m credit with Myanmar to help with programmes that include better public debt management, increased tax collection and stronger public finance management.
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18 Aug 17
The Asian Development Bank and the Green Climate Fund have signed an agreement that will allow the bank to increase its climate financing in developing member countries.
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18 Aug 17
The Philippine government has launched a new catastrophe risk insurance programme to help it respond to losses from natural disasters.
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18 Aug 17
China is set to grow more strongly but should take action to increase domestic spending, the International Monetary Fund has said.
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15 Aug 17
The Asian Development Bank has issued two types of green bond, raising $1.25bn to finance climate change projects.
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14 Aug 17
Japan's economy grew at its fastest pace in more than two years in the second quarter of this year as consumer and company spending picked up, official data has shown.
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11 Aug 17
The Asian Development Bank (ADB) is to loan Bangladesh $200m to strengthen municipal infrastructure, service delivery and governance in 35 localities.
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10 Aug 17
India’s income tax return filing rate has risen by 25% since the country demonetised certain large banknotes, its Central Board of Direct Taxes has said.
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2 Aug 17
Information technology systems of treasuries in seven states in India’s north east have been integrated with the India-wide Union Public Financial Management System, the nation’s finance...
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1 Aug 17
Japan must press ahead with reforms to boost wages and productivity as its workforce ages and shrinks, the IMF has stated.
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1 Aug 17
The India government and the World Bank have loaned $100m to the eastern Indian state of Jharkhand to improve conditions in rural areas.
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1 Aug 17
Campaign group Transparency International has urged the UK authorities to seize any property in the country owned by Pakistan’s disgraced ex-prime minister Nawaz Sharif.
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1 Aug 17
The World Bank has approved a $32.73m grant from its Global Environment Fund to support work in China on integrating land use and transport.
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31 Jul 17
Singapore’s economic growth momentum has improved since late 2016, supported by a recovery in global electronics trade, the International Monetary Fund (IMF) said its assessment of the city...
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28 Jul 17
Pakistan’s prime minister, Nawaz Sharif, has been declared unfit for office and ousted from power by the country’s Supreme Court following a corruption probe.
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21 Jul 17
Asia’s tax-to-GDP ratios have increased since 2000 but further efforts are needed to increase tax revenues in developing countries, the Organisation for Economic Co-operation and Development...
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19 Jul 17
The Asian Development Bank (ADB) has approved a $526m multitranche financing facility for infrastructure investments in Bangladesh.
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19 Jul 17
Mineral-rich countries in South America, Africa and Asia have an opportunity to prosper from the ongoing boom in low-carbon energy technologies, a World Bank study has found.
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10 Jul 17
The European Bank for Reconstruction and Development has announced a revised four-year strategy for Kazakhstan, which is intended to balance the roles of the private and public sectors.
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10 Jul 17
The Japanese government’s pension fund – the world’s largest – gained 7.9 trillion yen ($69.5bn) in the fiscal year that ended on 31 March.
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4 Jul 17
The president of the Asian Development Bank has pledged $10bn to support India’s low-income states and its first economic corridor.