Asian leaders and businessmen converge in Manila

Manila hosts the 2012 Asian Development Bank (ADB) Meeting starting today, May 2. Thousands of foreign guests will be joining the meeting, including finance ministers, central bank executives, and top ranking government officials from the 67 ADB member countries. The Philippines, which last hosted the event almost a decade ago, is significant because it is where the headquarters of the Asian Development Bank is based. The event is a great opportunity for the country to highlight key industries that drive inclusive growth through tourism, infrastructure information technology, and agriculture. On the first day of the conference, the ADB announced that it had raised US$12-B for anti-poverty efforts.

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