News
ADB Supports Papua New Guinea in Enacting State-of-the-Art Arbitration Laws to Create an Enabling Environment for the Private Sector
ADB's Law and Policy Reform Program, in partnership with the Pacific Private Sector Development Initiative (PSDI) and the United Nations Commission on International Trade Law (UNCITRAL) assisted with Papua New Guinea's (PNG) enactment of two arbitration laws which are expected to attract foreign direct investment and international private climate finance.
ADB, UNCTAD, and Cambodia Ministry of Commerce Host Research and Policy Dialogue Workshop
The workshop examined ways to accelerate trade reforms to address the challenges its new status will bring once Cambodia graduates from least developed country status, in particular the loss of trade preferences.
ADB Co-Organizes Inaugural Armenia Arbitration Conference and Official Launch of the Arbitration and Mediation Center of Armenia
The Inaugural Armenia Arbitration Conference was held in Yerevan on 4 September 2023, marking a significant step in the development of international commercial arbitration in the region.
ADB launches Technical Assistance on International Trade and Investment Agreements in Uzbekistan
ADB conducts stakeholder consultations and policy dialogue on international trade and investment agreements.
ADB Wins Outstanding Industry Collaboration Award from the Islamic Banking and Finance Institute Malaysia
ADB won the Outstanding Industry Collaboration Award given by the Islamic Banking and Finance Institute Malaysia (IBFIM) in Kuala Lumpur. The award recognizes ADB's efforts to provide financial services to all segments of the population and strengthen the capacity of Philippine regulation and private sector participants.
The Asian Development Bank Supports the Operationalization of Cambodia's First Commercial Court
Asian Development Bank (ADB) Country Director Jyotsana Varma and Minister of Justice, His Excellency Koeut Rith, signed a Memorandum of Understanding, marking an important step towards in operationalizing Cambodia's first commercial court, a top priority of the Ministry of Justice.
Asian Development Bank and Partners Host Conference to Strengthen Insolvency Systems in Asia-Pacific
The Asian Development Bank partnered with INSOL International, Singapore Management University, The University of Cambridge's Centre for Corporate and Commercial Law, and The University of Chicago's Center on Law and Finance to host a hybrid conference: Strengthening Insolvency Systems in Asia and the Pacific in Manila, Philippines on 15-16 December 2022 to analyze how countries in the region can strengthen insolvency and restructuring frameworks.
ADB Convened Cambodia’s First Commercial Courts Symposium
ADB and the Ministry of Justice held Cambodia’s first-ever Commercial Courts Symposium on operationalizing effective and efficient commercial courts. The Symposium convened over 120 senior government officials, judges, business leaders and international experts to exchange knowledge about experiences and lessons learned in developing commercial courts around the world.
ADB Supports Development of International Commercial Arbitration in Uzbekistan
ADB and the University of World Economy and Diplomacy convened a conference on the development of international commercial arbitration in Uzbekistan, following the enactment of the Law on International Commercial Arbitration (ICA Law) which was supported by ADB.
ADB Partners with the Philippine Judicial Academy
The ADB Law and Policy Reform Program team met with the newly appointed Chancellor Rosmari Carandang and her team from the Philippine Judicial Academy (PHILJA) and representatives from the Supreme Court to discuss capacity building of special commercial court judges and inclusion of courses on environment and climate change into the judicial education program.