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ADB Revises Indonesia’s Economic Outlook 5.1% in This Year, 5.2% in...

JAKARTA (TheInsiderStories) — The Asian Development Bank (ADB) revises its economic outlook for Indonesia, with growth to slightly moderate at 5.1 percent this year from a...

ADB: Asia’s Economic Outlook Dims as Trade and Investment Weaken

JAKARTA (TheInsiderStories) - Economic growth in developing Asia remains robust but prospects have further dimmed and risks to the region’ economies are rising as trade and...

Nakeo Resigns from Asian Development Bank

JAKARTA (TheInsiderStories) - Takehiko Nakao announced his resignation as the President of Asian Development Bank, effective Jan. 16, 2020, the agency announced today (09/17). He assumed...

ADB Mobilizes Funds to Boost Indonesia’s Energy Sector

JAKARTA (TheInsiderStories) - Asian Development Bank (ADB) funds a US$120 million to build the 72-megawatt (MW) Tolo Wind Power Project in Jeneponto District of...

Sustainable Tourism An Opportunity for Economic Growth in Asia

JAKARTA (TheInsiderStories) - Tourism is one of the fastest growing industries in the world, and Asia is one of the hottest destinations, the Asian...

The Government Actively Invites Investors Invest in Indonesia

JAKARTA (TheInsiderStories) - Indonesian government actively invite global investors to invest in Indonesia. Lot of serials meeting arranged by President Joko Widodo' minister to...

ADB Supports US$222M Funds for Indonesia’s Riau Power Plant

JAKARTA (TheInsiderStories) – The Asian Development Bank (ADB) signed a private sector financing package to support the construction of a 275-megawatt combined cycle gas...

Asia-Pacific Region Needs to Think about the Future of Disaster Mitigation

JAKARTA (TheInsiderStories) – The devastating earthquake and tsunami that hit Indonesia in September 2018 and the earthquake that struck Nepal in April 2015, showed...

ADB, Others Leveraged Blended Financing US$9B in Emerging Markets

JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB), together with other development finance institutions (DFIs) reported used about US$1.2 billion in concessional funds to support nearly...

ADB Pledged US$1B for Sulawesi Earthquake, Tsunami Affected Areas in Indoneia

Nusa Dua (TheInsiderStories) - Asian Development Bank (ADB) pledged up to US$1 billion for emergency assistance to support immediate budgetary needs and reconstruction efforts in...