Asian Development Bank Outlook 2006 Launch on April 6
Asian Development Bank (ASX: ATB) Press Conference

Can China sustain its breakneck growth? Is India the new Asian powerhouse? Can trade continue to propel Asia? What are the risks facing Asian economies in the year ahead? What are the opportunities to build long-term growth? Will Asia remain the world's most dynamic economic region?

Dr. Ifzal Ali, Chief Economist at the Asian Development Bank, will address these issues and others at the launch of the Asian Development Outlook 2006. The ADO is ADB's flagship economic forecasting publication. It includes comprehensive economic analysis of and forecasts for more than 40 economies in developing Asia and the Pacific, and examines aggregate trends and medium-term prospects by subregion - East Asia, Southeast Asia, South Asia, Central Asia, and the Pacific - in the context of global economic movements.

ADO 2006 includes a special chapter on the future of trade in Asia. The growth of free trade arrangements in the region has created an expanding "noodle bowl" of deals with convoluted and costly implementation rules that have the potential not just to divert trade, but to destroy it. How should developing Asia position itself to maximize the future benefits of trade?

You are invited to attend the event:

Date: 6 April 2006
Time: 10 a.m.
Venue: Harbour Room, Island Shangri-La Hotel, Hong Kong

Please confirm attendance with Mr. Ramoncito dela Cruz at, (632) 632-5881, or Ms. Cristy Espino at, (632) 632-5877 before 3 p.m. on Monday, 3 April 2006.

Simplified Chinese

ADB, based in Manila, is dedicated to reducing poverty in the Asia and Pacific region through pro-poor sustainable economic growth, social development, and good governance. Established in 1966, it is owned by 64 members - 46 from the region.

In 2005, it approved loans and grants for projects totaling $6.95 billion, and technical assistance amounting to $198.8 million.

Ramoncito dela Cruz
Tel:+632 632 5881; +63 918 939 9058

Cristy Espino
Tel:+632 632 5877 


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