Asian Development Bank (ADB)
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.
FY23’s first budget support materialises
The Asian Infrastructure Investment Bank has become the first multilateral lender to respond to Bangladesh’s call for budget support this fiscal year to weather the impacts of the Ukraine war after its board approved $250 million last week.
Higher inflation, lower GDP this fiscal
Life is set to get tougher for the poor and the low-income people as the Asian Development Bank yesterday projected that inflation in Bangladesh would average 6.7 percent this fiscal year, up from 6.2 percent in fiscal 2021-22.
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.
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).
'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.
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.
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.
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.
$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
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.
ADB to give $110m more for health sector
Asian Development Bank (ADB) has approved additional loan financing of $110 million for a project on urban healthcare services in Bangladesh.
ADB considering grant support to help tackle Rohingya crisis
Asian Development Bank (ADB) is considering grant support to Bangladesh to help tackle Rohingya crisis.