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.

February 15, 2020
February 15, 2020

ADB provides $170m more for capital market reforms in Bangladesh

The Asian Development Bank (ADB) has approved a second portion loan of $170 million to conclude the Third Capital Market Development Program in Bangladesh.

January 19, 2020
January 19, 2020

New ADB President Masatsugu Asakawa assumes office

The 10th President of the Asian Development Bank (ADB) Masatsugu Asakawa assumed office today.

December 11, 2019
December 11, 2019

ADB to give $33.26m for metro rail project

The Asian Development Bank (ADB) and Bangladesh government sign agreements for $33.26 million in loan for a project to design the Dhaka Mass Rapid Transit (MRT) line 5 (Southern route) that will help ease the traffic and pollution burden in Dhaka city.

November 27, 2019
November 27, 2019

ADB to help fight bad loans

Asian Development Bank is poised to provide financial support to the government to form a public asset management company (PAMC) with a view to arresting the upward trend of defaulted loans.

November 25, 2019
November 25, 2019

ADB provides $150m for skills development in Bangladesh

Asian Development Bank (ADB) and Bangladesh government sign an agreement of $150 million in loan to continue support in skill development training.

November 25, 2019
November 25, 2019

ADB to help improving urban water supply, sanitation

Asian Development Bank (ADB) and Bangladesh government signs an agreement of $11 million in loan to develop water supply and sanitation priority in urban area of the country.

November 9, 2019
November 9, 2019

ADB lends $300m for power transmission expansion in Bangladesh

The Asian Development Bank (ADB) has approved a 271.84 million euros ($300 million equivalent) loan for a project to expand transmission lines in greater Dhaka and the western zone of Bangladesh.

September 4, 2019
September 4, 2019

ADB to fund expansion of 4 highways into four lanes

Asian Development Bank will fund the expansion of the country’s four highways into four lanes. The highways are Dhaka-Sylhet, Rangpur-Banglabandha, Rangpur-Bhurimari and Barishal-Faridpur.

July 25, 2019
July 25, 2019

214km Dhaka-Sylhet Highway: ADB to fund its expansion into four lanes

The impasse over financing of the expansion of 214-kilometre Dhaka-Sylhet Highway into four lanes is likely to end soon, as Asian Develop-ment Bank has given “consent” to fund the project, officials said.

May 3, 2019
May 3, 2019

ADB will shift focus with changing Asia-Pacific

Asian Development Bank’s strategy going forward will be to respond to the changing needs of the Asia and the Pacific region, says its President Takehiko Nakao.