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ADB

ADB approves $470m loan to accelerate RI’s clean energy shift
Regulations 4 months ago

PREMIUM
ADB approves $470m loan to accelerate RI’s clean energy shift

The Asian Development Bank (ADB) has approved a $470 million results-based loan for state-owned electricity provider PLN to expedite Indonesia’s transition to renewable energy.
Is ADB transforming its approach to indigenous peoples?
Academia 9 months ago

Is ADB transforming its approach to indigenous peoples?

ADB has a significant opportunity to ensure indigenous peoples are treated with due respect as rights holders and development partners.
Indonesia looking to convert more debt to rupiah
Markets 10 months ago

PREMIUM
Indonesia looking to convert more debt to rupiah

Indonesia is looking to strengthen local currency usage in partnership with multilateral development banks (MDBs) amid global economic challenges and to support sustainable development.
ADB approves $500 million loan for Indonesia's energy transition
Economy 1 year ago

ADB approves $500 million loan for Indonesia's energy transition

The Asian Development Bank (ADB) said on Friday it has approved a US$500 million policy-based loan to fund a program designed to help Indonesia's energy transition efforts.
Wider 2025 budget deficit seen as double-edged sword
Economy 1 year ago

PREMIUM
Wider 2025 budget deficit seen as double-edged sword

Fitch Ratings forecasts debt financing expansion to fund Prabowo’s big-ticket plans, which would bring Indonesia’s budget deficit close to the legal limit but could also spur growth through increased economic activity.
Questioning ADB’s approach to resource conservation and pollution prevention
Academia 1 year ago

Questioning ADB’s approach to resource conservation and pollution prevention

The safeguard policy revision is a chance for the ADB to demonstrate a genuine interest in listening and responding to issues raised by communities and groups. 
Green groups accuse ADB of funding Indonesia coal plants despite clean energy promises
Regulations 1 year ago

Green groups accuse ADB of funding Indonesia coal plants despite clean energy promises

The report by four NGOs alleges the ADB loan given in 2021 to Indonesia's state power company to fund its ten-year business plan and "promote the use of clean energy" has no clause blocking spending on new coal facilities.
ADB forecasts Developing Asia growth at 4.9% in 2024, says risks persist
Economy 1 year ago

ADB forecasts Developing Asia growth at 4.9% in 2024, says risks persist

The ADB nudged its 2024 growth forecast but warned of persistent challenges such as rising geopolitical tensions, including in the Middle East, that could disrupt supply chains and reignite inflation.
ADB provides Rp 37.22 billion of grant for IKN development
Economy 2 years ago

PREMIUM
ADB provides Rp 37.22 billion of grant for IKN development

The Asian Development Bank (ADB) has provided Rp 37.22 billion (US$2.4 million) of grant as technical assistance for the construction of the new capital city Nusantara.
Asia to end 2023 on brighter note as China's economy recovers: ADB
Economy 2 years ago

Asia to end 2023 on brighter note as China's economy recovers: ADB

The ADB raised its 2023 growth forecast for developing Asia to 4.9 percent from 4.7 percent projected in September, but kept its growth outlook for the region at 4.8 percent next year.
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