Asian Development Bank (ADB)

ADB to give $600m for economic management

The Asian Development Bank (ADB) will extend a $600 million loan to Bangladesh to help the country strengthen its economic management and establish a transparent and accountable regulatory environment for private sector development.

MGI’s concern, ADB sign $20 million loan deal for flour milling plant

The plant will produce 660,000 tonnes of wheat with 37% less electricity than regular

Inflation to hit double digits by end of FY25: ADB

Inflation is projected to hit double digits at the end of the current fiscal year owing to supply-side disruptions and higher import costs as a result of currency depreciation, according to the Asian Development Bank (ADB).

ADB extends $250 million loan to strengthen social protection

The ‘Second Strengthening Social Resilience Program’ will help improve financial inclusion of disadvantaged people

ADB approves $71m loan to improve flood control in Gopalganj, Madaripur

The Asian Development Bank (ADB) has approved a $71 million loan to improve flood control, irrigation, and water resources management in rural communities in Gopalganj and Madaripur districts to strengthen their preparedness and resilience to the effects of climate change

$160 million ADB loan to boost Dhaka’s energy supply, distribution

The Dhaka Power System Expansion and Strengthening Project will construct eight substations

ADB to give Bangladesh $1 billion loan for five projects

The loans will be used for energy efficiency, vaccine production, clean water, computer science education and Dhaka-Northwest road corridor

Pandemic, inflation push 68 million more in Asia into extreme poverty: ADB

Developing Asia consists of 46 economies in the Asia-Pacific and excludes Japan, Australia and New Zealand.

International Day of Forests / How forestry projects destroy forests

Though eucalyptus was eradicated from the public forest land, social forestry continues at a very high cost to natural ecosystems.

August 6, 2020
August 6, 2020

Combating Covid-19: ADB approves $3m grant to support Bangladesh

The Asian Development Bank (ADB) has approved additional $3 million in grant assistance for procuring urgently needed medical supplies for emergency response to the coronavirus pandemic in Bangladesh.

June 18, 2020
June 18, 2020

Bangladesh to see 7.5pc growth in FY2021: ADB

Bangladesh’s GDP is expected to grow by 4.5 percent in FY2020 and 7.5 percent in FY2021, the Asian Development Bank (ADB) has said in a report of Asian Development Outlook (ADO) 2020 Supplement.

June 15, 2020
June 15, 2020

ADB grants $100m loan for rural road network expansion in Bangladesh

The Asian Development Bank (ADB) has approved a $100 million loan to expand the coverage of an ongoing rural road network improvement project in Bangladesh, connecting the rural population to agricultural development zones.

May 30, 2020
May 30, 2020

ADB provides $231,178 grant to augment Covid-19 facilities in Bangladesh

The Asian Development Bank (ADB) is providing a grant of $231,178 to augment novel coronavirus disease related facilities in 134 urban primary health centres, called Nogor Swastho Kendro, across the country.

May 7, 2020
May 7, 2020

ADB approves $500 million more to address Covid-19 impact in Bangladesh

The Asian Development Bank (ADB) approves an additional $500 million loan to strengthen the Bangladesh government’s efforts to manage the impact of coronavirus pandemic on the country’s economy and public health.

April 30, 2020
April 30, 2020

ADB approves $100 million loan to support Covid-19 response in Bangladesh

Asian Development Bank (ADB) approves a $100 million loan to support Bangladesh government in its efforts to address the immediate public health requirements of combating the coronavirus pandemic.

April 21, 2020
April 21, 2020

ADB to stand by Bangladesh in this time of crisis

Asian Development Bank (ADB) commits $600 million to support Bangladesh in facing challenges presented by the coronavirus outbreak.

April 13, 2020
April 13, 2020

Combating coronavirus: ADB funding to triple for developing countries

The Asian Development Bank tripled the size of its response to the novel coronavirus disease pandemic to $20 billion and approved measures to streamline its operations for quicker and more flexible delivery of assistance.

April 2, 2020
April 2, 2020

ADB provides $1.34 million to avoid skills trainees’ drop out

The Asian Development Bank (ADB) has provided $1.3 million financial assistance to avoid trainees from dropping out under the Skills for Employment Investment Program (SEIP).

February 23, 2020
February 23, 2020

Dhaka-Sylhet highway project may ‘miss out ADB funding for approval delay’

Dhaka-Sylhet multilane and modern highway project might be delayed with fund diversion by the Asian Development Bank (ADB) if the project is not approved by June this year, an informed official says.