Asian Development Bank [to 19 March 2016]
http://www.adb.org/news

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17 Mar 2016 | News Release
Bold Actions Required in Developing Asia to Overcome Impact of PRC’S Growth – ADB Study
MANILA, PHILIPPINES – The continued moderation of growth in the People’s Republic of China (PRC) could knock off a third of a percentage point a year in growth for the rest of developing Asia over the next 2 years. Bold actions from policymakers in the region, including structural reforms to attract new investment, are needed to counteract the slowdown, a new Asian Development Bank (ADB) policy brief says.

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17 Mar 2016 | News Release
Emerging East Asian Bond Yields Lower Amid Slowdown in Global Growth

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16 Mar 2016 | News Release
ADB Sanctioned 90 Entities For Integrity Violations in 2015 – OAI
MANILA, PHILIPPINES – The Asian Development Bank’s (ADB) Office of Anticorruption and Integrity (OAI) sanctioned 90 companies and individuals for integrity violations in 2015, more than double the 40 sanctioned the previous year, reflecting expanded efforts to encourage staff and partners to report corrupt activities, a new report says.

OAI’s 2015 Annual Report notes that 106 entities were also cross-debarred in 2015 in line with a cross-debarment agreement with four other multilateral development banks. This is a slight increase from the 99 firms and individuals cross-debarred in 2014. Complaints received in 2015 climbed 18% year-on-year to a record 285.

“Corruption is a direct threat to better lives for millions of poor citizens in our region. It can only be combated by all development stakeholders taking an unequivocal stand that any transgression, no matter how big or small, is unacceptable,” said OAI Head Clare Wee. “OAI stepped up efforts and resources in 2015 to raise awareness on corruption in all its forms, and the rise in complaints reflects increased willingness to report actions that cross the line.”…