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.

May 3, 2019
May 3, 2019

ADB sounds caution over taking BRI loans

In a word to the wise, ADB President Takehiko Nakao yesterday advised countries to scrupulously evaluate the merits of a project before approaching China for funding under its flagship Belt and Road Initiative.

May 2, 2019
May 2, 2019

ADB launches action plan for healthy oceans

The Asian Development Bank (ADB) launches the Action Plan for Healthy Oceans and Sustainable Blue Economies for the Asia and Pacific region.

May 1, 2019
May 1, 2019

Implementation capacity the main hindrance to growth ambitions

Bangladesh’s capacity to implement large volumes of infrastructure projects will be the main stumbling block to realising the country’s growth ambitions, says a top official of the Asian Development Bank.

April 27, 2019
April 27, 2019

Lightning arresters can be adopted all over Bangladesh to save lives: ADB

Lightning arresters, a low-cost technology, can be adopted all over the country to save lives and stop undue human damages from lightning strikes, says the Asian Development Bank (ADB).

April 3, 2019
April 3, 2019

'Bangladesh will achieve 8% growth in FY19'

Bangladesh’s economy will grow at 8 per cent in the fiscal 2019, Asian Development Bank has said in its bright outlook for the economy.

February 6, 2019
February 6, 2019

ADB provides $50m to promote microenterprise development in Bangladesh

The Asian Development Bank (ADB) and the Government of Bangladesh sign agreement for $50 million in loan to promote microenterprise development for inclusive economic growth and poverty reduction.

January 13, 2019
January 13, 2019

ADB provides $200m to upgrade rural road network in Bangladesh

The Asian Development Bank (ADB) and the government of Bangladesh sign agreements for $200 million in loans to improve the rural road network in Bangladesh.

January 11, 2019
January 11, 2019

50MW Kaptai Lake solar project awaits ADB fund approval

The Power Division is now waiting for a positive note from the Asian Development Bank (ADB) about its financing to implement a 50MW floating solar project in the Kaptai Lake, official sources say.

November 8, 2018
November 8, 2018

$200m ADB loan to improve rural roads

Asian Development Bank (ADB) has approved a loan of over $200 million to improve rural road networks that may benefit 51.5 million

September 27, 2018
September 27, 2018

ADB approves $500m loan for primary education in Bangladesh

The Board of Directors of the Asian Development Bank (ADB) approves a $500 million loan to support Bangladesh’s Fourth Primary Education Development Programme that aims to provide quality education to all children from pre-primary to grade 5.