ADB
Budget support from WB, IMF, ADB: Bangladesh may get $5.65b by this fiscal year
The government is expecting at least $5.65 billion in budget support this fiscal year from the World Bank, the International Monetary Fund (IMF), and the Asian Development Bank (ADB) to expedite reforms.
ADB-funded projects face fresh hurdles
Many ongoing development projects, funded by the Asian Development Bank, is facing additional implementation challenges due to the current political climate and changes in the government, a document says.
ADB cuts Bangladesh’s growth forecast due to political unrest
The ADB has lowered its forecast for Bangladesh’s economic growth to 5.1 percent for the current fiscal year, primarily due to supply disruptions caused by political unrest in July and August 2024
Hoe Yun Jeong new ADB country director for Bangladesh
The Asian Development Bank (ADB) has appointed Hoe Yun Jeong as its new country director for Bangladesh
World Bank, ADB urged to continue funding logically acceptable projects
Finance Adviser Salehuddin Ahmed says after meeting with ADB
ADB leads $121m financing for private solar project in Bangladesh
The Asian Development Bank (ADB) has signed a $121.55 million financing package with Dynamic Sun Energy (DSE) Private Ltd to build and operate a 100-megawatt (MW) grid-connected solar photovoltaic power plant in Pabna, a northwest district in Bangladesh
World Bank, ADB promise more support but call for reforms
Both the World Bank and Asian Development Bank (ADB) have assured they will continue supporting Bangladesh’s growth but stressed the need for economic reforms that are crucial for the country to become a developed nation.
AI cameras to be installed on Dhaka-Chittagong highway
The Dhaka-Chittagong highway is set to be dotted with artificial intelligence (AI) based CCTV cameras covering a span of 250 kilometres. The cameras, financed by the Asian Development Bank (ADB) at BDT 152 crore 56 lakhs, are aimed at enhancing the capabilities of the highway police, according to sources associated with the project.
Solar irrigation promises to cut diesel use by 10 lakh tonnes a year
Introducing solar irrigation pump (SIP) systems will gradually enable Bangladesh to cut consumption of diesel fuel by 10 lakh tonnes annually
TIB against taking ADB fund as loan
The Transparency International Bangladesh (TIB) has urged the government not to take financial assistance from ADB for the Rohingya
Virat Kohli eyes maiden IPL crown for Bangalore
The imperious Virat Kohli will be eyeing a fairytale ending Sunday to a record-breaking season when he leads the Royal Challengers Bangalore in the Indian Premier League's final against Sunrisers Hyderabad.
Target Trans-Asian Railway linkage
The government has revised a project to lay a 129-km rail track from Dohazari to Gundum near Myanmar border via Cox's Bazar at a cost of Tk 18,034 crore.
ADB to give Tk 13,115cr for Trans-Asia rail corridor
The Asian Development Bank will provide Tk 13,115 crore loan for implementing a rail route project which will connect Bangladesh to the east and west.
ADB extends loan for Bangladesh water project
The Asian Development Bank (ADB) extends fresh loan to Bangladesh to expand a water project in south-west area.
ADB forecasts 6.7pc GDP growth
Bangladesh economy is expected to perform strongly this year, according to the latest figures from the Asian Development Bank (ADB).
$505m deals inked with ADB to improve railway services
Bangladesh and the Asian Development Bank sign agreements for $505 million in loans to further improve the country’s railway services.
ADB cuts Bangladesh's GDP growth to 6.1pc
Asian Development Bank revises down its growth projection for Bangladesh to 6.1 percent for 2015 fiscal from its earlier projection of 6.4 percent.
A Sino-centric economic order
MUCH to the dismay of the United States (US), the Europeans are filling in applications to join the Asian Infrastructure Investment Bank (AIIB).
Govt okays 600MW Indian power import
Government approves of importing additional 600MW power from neighbouring India at a cost of about Tk 1,600 crore via the electricity interconnectivity grid.