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Pandemic sets back Asia-Pacific's poverty fight by two years: ADB
Economy 3 years ago

Pandemic sets back Asia-Pacific's poverty fight by two years: ADB

Had the pandemic not happened, the proportion of people in the region facing extreme poverty could have eased to 2.9 percent in 2020 instead of rising to 5 percent.
IMF’s flattering plaudits can be intoxicating, but should be taken with a pinch of salt
Academia 3 years ago

PREMIUM
IMF’s flattering plaudits can be intoxicating, but should be taken with a pinch of salt

The current leadership would do well not to fall under the spell of the magic words “Indonesia's economic fundamentals”, and instead heed the lessons of the previous financial crisis that toppled a longstanding regime.
Reasonable dovish stance
Editorial 3 years ago

Reasonable dovish stance

It is most imperative for the government to ensure that the energy subsidies will not overshoot the target.
Amid global gloom, ADB ups Indonesia GDP forecast
Economy 3 years ago

PREMIUM
Amid global gloom, ADB ups Indonesia GDP forecast

The Asian Development Bank (ADB) has raised its growth forecast for Indonesia to 5.2 percent this year while lowering its projection for most of Asia.
ADB slashes Asia growth forecast as fuel, food prices rise
Economy 3 years ago

ADB slashes Asia growth forecast as fuel, food prices rise

While the impact of COVID-19 had eased, the region was now grappling with the fallout from Russia's invasion of Ukraine, lockdowns in China and aggressive interest rate hikes, the Philippines-based bank said.
SE Asia well poised to weather inflation, commodities crises: ADB president
Interview 3 years ago

PREMIUM
SE Asia well poised to weather inflation, commodities crises: ADB president

Asian Development Bank president Masatsugu Asakawa spoke to The Jakarta Post’s Vincent Fabian Thomas recently about the bank’s views of, and role in alleviating, ongoing crises.
Indonesia creates funding platform to finance coal retirement, renewable energy projects 
Markets 3 years ago

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Indonesia creates funding platform to finance coal retirement, renewable energy projects 

Indonesia is estimated to require a total of US$4.3 billion to retire 9.2 GW of coal plants by 2030.
Seizing new growth opportunities for ASEAN amid challenges
Academia 3 years ago

Seizing new growth opportunities for ASEAN amid challenges

Asia and the Pacific is vulnerable to some of the most destructive effects of climate change, and these are expected to worsen. 
ADB pledges technical support for new capital city
Economy 4 years ago

ADB pledges technical support for new capital city

The Asian Development Bank (ADB) said on Friday it would help Indonesia develop the new capital city project in East Kalimantan, following the appointment of a former ADB vice president as an overseer of the project.
$600m in ADB loans to help PLN expand networks, upgrade operations
Companies 4 years ago

PREMIUM
$600m in ADB loans to help PLN expand networks, upgrade operations

The Asian Development Bank (ADB) has given US$600 million in loans to state-owned electricity firm PLN.
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