Tag: ADB
ADB Investing Over US$1B to Help Pacific’s Renewable Energy Transition
JAKARTA (TheInsiderStoriess) — The Asian Development Bank (ADB) will invest over US$1 billion worth of energy projects in the Pacific from 2019 to 2021, said...
Developing Asia Needs to Invest More Than 5% of GDP for...
JAKARTA (TheInsiderStories) — Developing Asian countries need to invest more than 5 percent of their gross domestic product (GDP) over the next decade to...
ADB’s US$500M Loan to Support Fiscal, Public Expenditure in Indonesia
JAKARTA (TheInsiderStories) — The Asian Development Bank (ADB) has approved a US$500 million policy-based loan to support Indonesia’ fiscal, public expenditure management reforms, and...
ADB Disburses US$100M Loans for Indonesia
JAKARTA (TheInsiderStories) — The Asian Development Bank (ADB) has approved a US$100 million financial intermediary loan to Indonesia, to help catalyze private sector investments in...
Global Trade Finance Gap US$1.5T, ADB Says
JAKARTA (TheInsiderStories) - The global trade finance gap remained around US$1.5 trillion hampering efforts to provide important jobs and growth amid ongoing economic uncertainty,...
ADB Prepares US$3B to Support Indonesia’s Power Projects Until 2021
JAKARTA (TheInsiderStories) — Asian Development Bank (ADB), is planning to provide about US$3 billion funds between 2019 and 2021 to help the government' power sector, mainly...
Indonesia’s DAMRI to Spend US$150M for Electric Cars
JAKARTA (TheInsiderStories) - Indonesia' oldest car company, Djawatan Angkoetan Motor Repoeblik Indonesian, or well-known as DAMRI prepared funds around US$150 million to replace 500 diesel buses...
ADB: Asia and Pacific Growth Steady Amid Global Trade Tensions
JAKARTA (TheInsiderStories) - Developing Asia will maintain strong but moderating growth over 2019 and 2020, as supportive domestic demand counteracts an environment of global trade tensions,...
Indonesia Raises Infrastructure Investment Funds US$429B by 2024
JAKARTA (TheInsiderStories) - Indonesian government increased infrastructure investment needs worth US$429.7 billion during 2020-2024, rise up 20 percent compared to $359.2 billion in 2015-2019,...
ASEAN Strives for Leading Role in the Fourth Industrial Revolution
JAKARTA (TheInsiderStories) - Association of Southeast Asian Nations (ASEAN) grows economically at an average of 5.4 percent annually, way above global rates, attracting many...
Weekly Briefing: Focus on the G20 Meeting, Constitutional Court Decision on...
JAKARTA (TheInsiderStories) - Good Morning! This week the world' center will be on the Group of 20 (G20) meeting in Osaka, Japan. The summit on June...
Asia’s Bond Market Expanding Amid Moderating Global Growth
JAKARTA (TheInsiderStories) - The local currency bond markets in emerging East Asia continued to expand over the first quarter of 2019 despite moderating global...
Morning Briefing: Indonesia, Japan Strengthening Economic Cooperation
JAKARTA (TheInsiderStories) – Good morning! Indonesian government paid a visit to Japan to enhance bilateral cooperation in the economic sector, including increasing investment in...
Indonesia Gets Funding of US$2.6B from ADB to Support Infrastructure Projects
JAKARTA (TheInsiderStories) – Indonesian government received an fresh funding from the Asian Development Bank (ADB) worth of US$2.6 billion to support strategic infrastructure projects...
ADB Finances Jawa-1 Power Plant Power Plant in Indonesia
JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB) announced the first drawdown of funds under a private sector financing package totaling more than US$305 million invested...
ADB: Asia’s Economies Slowing Down in 2019, 2020
JAKARTA (TheInsiderStories) - Asian Development Bank (ADB) forecasted the declining of gross domestic product (GDP) growth for developing Asia, from 5.9 percent in 2018...
East Asia Bond Market: Expands But Concerns Persist
JAKARTA (TheInsiderStories) - Local currency government bond yields in emerging East Asia trended downward between 28 December 2018 and Feb. 15, 2019, according to...
US-China Trade Battle Hits Global GDP as Negative for 2-3 Years
JAKARTA (TheInsiderStories) – The ongoing trade battle between the United States (US) and the China presents obstacles to global manufacturing and international trade that...
Indonesia to Improves Manufacturing Sectors to Become Developed Countries
JAKARTA (TheInsiderStories) - Indonesian government continues to improve the manufacturing sector in order to achieve higher economic growth rates and become an upper-middle income country,...
ADB Finances Solar Plants in Indonesia US$160 Million
JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB) announced to provided of US$40 million to invest in Indonesia’s first utility-scale solar photovoltaic (PV) plants...
ADB Projects Indonesia’s Economy to Grow 5.3 Pct on Investment, Consumption
JAKARTA (TheInsiderStories) - Indonesia’s economy is predicted to expand by 5.3 per cent in 2018 and 2019, thanks to the expected accelerated in investment...
Moody’s: Asian Infrastructure Finance To Show Greater Diversity
Singapore -- Moody's Investors Service says that funding for infrastructure projects in Asia will demonstrate increasing diversity. The rating agency reported growing funding diversity to...
Supreme Energy Secures US$540M Loan for Geothermal Project
JAKARTA (TheInsiderStories) - Local firm PT Supreme Energy Rantau Dedap (SERD) has signed a loan agreement worth US$540 million from Japan Bank for International...
ADB: Indonesia Must Create More ‘Quality Jobs’
JAKARTA (TheInsiderStories) - Indonesia has to create more ‘quality jobs’ to increase productivity and competitiveness for sustained and inclusive growth, an Asian Development Bank...
Economic Outlook: Multilateral Agencies Urge Growth in 2018
JAKARTA (TheInsiderStories) - As 2017 winds down, we can study how prospective investors took notice of numerous positive economic signals, which together may have...
ADB Issues Maiden Indonesian Rupiah-Linked Bond
JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB) has raised Rp1 trillion, about $74 million, from a new issue of offshore Indonesian rupiah-linked bonds....
ADB: Asia’s Next Infrastructure Boom
JAKARTA (TheInsiderStories) - Infrastructure is essential for development. Roads, railways, ports and power supplies have helped drive Asia’s growth, allowing its people to get to work...
ADB: Strong Investment, Export Rebound Spark Indonesian Growth
JAKARTA (TheInsiderStories) – Indonesia’s gross domestic product (GDP) remains strong, in line with steady growth across most developing countries in Asia, the result of...