MANILA, Philippines, Feb. 2 (UPI) -- Bhutan will get $1.6 million from the Asian Development Bank to develop hydropower.

MANILA, Philippines, Jan. 30 (UPI) -- A Philippine-based development bank said Tuesday it banned 37 companies from doing business with it for up to 10 years for violating its anticorruption code. The Asian Development Bank, which promotes economic and social development in Asian and Pacific c

JAKARTA, June 1 (UPI) -- The Asian Development Bank has offered the Indonesian government grants and loans totaling $60 million for rebuilding following last week's earthquake.

WASHINGTON, Feb. 17 (UPI) -- An avian flu pandemic could destroy the dramatic economic growth Asia has experienced since the 1998 regional recession, say international economic experts.

MANILA, Philippines, Jan. 13 (UPI) -- The Asian Development Bank is to adopt an Asian Currency Unit based on a basket of 13 Asian currencies as a yardstick to measure variations in currency values.

SHANGHAI, Oct. 10 (UPI) -- The World Bank's private sector arm Monday sold $139.7 million worth of 10-year Chinese bonds, the Wall Street Journal reported.

MANILA, Philippines, April 15 (UPI) -- The president of the Asian Development Bank says the multi-lateral agency will soon issue local currency bonds to promote the Asian bond market.

MANILA, Philippines, April 6 (UPI) -- The Asian Development Bank said Wednesday economic growth will remain robust from now until 2007.

PARIS, March 2 (UPI) -- The international community agreed in Paris Wednesday to improve the effectiveness of financial aid flowing to the world's poorest nations.