By: L.N. Reklai KOROR, Palau (Jan. 26, 2026) — President Surangel Whipps Jr. departed Palau on Monday for Brisbane, Australia, where he will attend a high-level Pacific Islands Forum Troika meeting this week as preparations intensify for the 2026 Pacific Islands Forum (PIF) Leaders Meeting, which Palau is set to host later this year. The […]
Tag: Asian Development Bank
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Palau, ADB working on debt ratio analysis
The Palau government is working with the Asian Development Bank (ADB) for a debt-to-gross domestic product (GDP) analysis which is expected to be pushed higher following a planned loan to mitigate the COVID-19 economic impact. Finance Minister Elbuchel Sadang last week said that debt-to-GDP ratio is currently at 30 percent and that they plan to keep the […]
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ADB report assists Palau’s next compact negotiation; Shows Palau has done well over last 24 years of the compact
Asian Development Bank presented a draft report to Palau’s national leadership on Wednesday, January 22, of a study it commissioned for the three Freely Associated States (FAS) including Palau. The study looked at economic trends of the three countries over the past Compact periods, impact of each country’s Compact on their economy and the potential […]
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ADB opens its first north Pacific office in Palau
The Asian Development Bank inaugurated the opening of its first north pacific office in Palau last night at the PDC building in downtown Koror. The historic event was marked by a ribbon cutting ceremony witnessed by Palau’s President Tommy E. Remengesau Jr., ADB’s Deputy Director General Jim Lynch (Pacific Department) and representatives from ADB, members […]
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ADB helps relocate Tonga’s Ha’apai Hospital as part of Project to manage Climate risks
HA’APAI, 06 NOVEMBER 2019 (ADB)— The Asian Development Bank (ADB) joined the Government of Tonga and other development partners in an inauguration ceremony today to officially open the Niu’ui Hospital in its new location in Ha’apai. The hospital was relocated to higher ground, as part of the ADB-supported Climate Resilience Sector Project. The King of […]
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Construction begins for Nauru’s first international port
AIWO, 21 OCTOBER 2019 (ADB) — With support from the Asian Development Bank (ADB), work has begun to transform the Aiwo Boat Harbour area, which will help make it Nauru’s first international and cargo terminal, improving the country’s maritime trade and connectivity. Nauru President, Lionel Aingimea today witnessed the upgrade work as engineers installed large […]