News archive

Floods in Malaysian states may end only in March

03-01-2017

Floods in Malaysia's east coast took a turn for the worse at the weekend, as the government warns that the late start to the monsoon season could cause districts in five states to experience flooding up to March. The incessant rains have forced the evacuation of thousands of people in Terengganu and Kelantan states, with schools and roads closed …

The top 5 water stories in 2016

03-01-2017

Hydropower remains contentious in Southeast Asia and water shortages raised tensions in India this year. There was progress on cleaning up the oceans and the conservation of marine habitats, but warming seas took a toll of coral reefs. Bigeye soldierfish underneath coral in the Papahānaumokuākea Marine National Monument. It has been a good …

Editor’s pickKey First Section of Nepal's Melamchi Water Tunnel Completed

03-01-2017

The Asian Development Bank (ADB) and the Government of Nepal celebrated the breakthrough of the first key section of the Melamchi Tunnel on 28 Dec 2016. When completed, the Melamchi Tunnel will carry to Nepal’s thirsty Kathmandu Valley 170 million litres of water per day from the Melamchi River and another 340 million litres of water from …

Thailand Water Pump Market Poised to Hit US $25.6 Million by 2021

23-12-2016

On the basis of pump type, the submersible water pump segment is estimated to be the most dominant segment, with 63.5% of the overall Thailand water pump market share in 2015, followed by monobloc water pump segment with 36.5% share. In terms of revenue, the Thailand water pump market accounted for US$16.7 Million in 2014 and is projected to …

ADB, Georgia Sign Loans for Water and Sanitation Improvement Projects

23-12-2016

The Asian Development Bank (ADB) and the Government of Georgia have signed a $99 million ADB loan to upgrade water supply, sewerage, and sanitation systems for nearly 62,000 people in the secondary towns of Marneuli, Bolnisi, and Chiatura. “The project will help meet the growing demand for reliable, safe water and sanitation — a high …

Climate change May Impact Hindu Kush-Himalaya Water Supply: Report

23-12-2016

Shifts in rain and snow patterns due to climate change may have a greater impact on the water supply of about 1.5 billion people in Hindu Kush Himalayan region than retreating glaciers, according to a new report. The Hindu Kush Himalayan region hosts several of Asia's great river systems, which provide water for drinking, irrigation and other …

It's time for more Australian fund managers to invest in social outcomes

22-12-2016

Text by Amit Bouri, chief executive and co-founder of the Global Impact Investing Network (GIIN) / Retrieved from The Guardian It’s an idea whose time has come. Around the world, the impact investing movement is coming of age, and it is getting increased attention in Australia. The movement encompasses investors such as superannuation …

Strong Environmental and Social Safeguards Must Accompany Asia’s Infrastructure Drive

22-12-2016

Asia’s spending on growth-boosting infrastructure is set to get a tailwind from development financing while the safeguard systems used by the Asian Development Bank (ADB) and other development banks as conditions for their loans are under international scrutiny. More financing for infrastructure is becoming available from established and …

Hitachi Zosen to Acquire Majority Stake in Osmoflo Group

22-12-2016

Osmoflo has anounced that Hitachi Zosen (“Hitz”) Corporation of Japan has entered into a definitive agreement with Shine Investments to acquire majority ownership of the Osmoflo group of companies. Osmoflo is a water treatment process technology and engineering company in desalination and industrial water treatment. Founded in …