WASHINGTON, DC, February 20, 2025 – The Asian Development Bank (ADB) and the World Bank (WB) signed a new groundbreaking Full Mutual Reliance Framework (FMRF) today to deepen their collaboration on ...

The impact of US President Donald Trump’s decision to freeze foreign aid—leading to expected funding cuts for various global ...

MANILA, Philippines — New Asian Development Bank (ADB) president Masato Kanda officially assumed office yesterday, vowing that the multilateral lender will take action on challenges affecting ...

[Photo provided to chinadaily.com.cn] "I am deeply honored to take on the role of ADB President at this important moment for our region," Kanda said. "With the trust of our 69 members and strong ...