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.

September 19, 2018
September 19, 2018

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.

May 15, 2018
May 15, 2018

ADB considering grant support to help tackle Rohingya crisis

Asian Development Bank (ADB) is considering grant support to Bangladesh to help tackle Rohingya crisis.

May 2, 2018
May 2, 2018

ADB, UK establish fund to improve trade in Asia-Pacific

The Asian Development Bank (ADB) and the Government of the United Kingdom launch the Asia Regional Trade and Connectivity Fund (ARTCF) from which Bangladesh will be benefited.

April 11, 2018
April 11, 2018

ADB projects 7pc GDP growth for FY18

The Asian Development Bank projects 7 percent economic growth for Bangladesh for the current fiscal year, much below than the government’s provisional estimate of 7.65 percent.

February 28, 2018
February 28, 2018

President Takehiko Nakao says it’s a 60% increase to now what is $8 billion

Asian Development Bank (ADB) President Takehiko Nakao says ADB’s Country Partnership Strategy for Bangladesh proposes total assistance of $8 billion, including for nonsovereign operations, for 2016–2020.

February 21, 2018
February 21, 2018

Shift from roads to rail: ADB okays $360m loan to Bangladesh

Asian Development Bank (ADB) has approved $360 million as loans to Bangladesh so the country can support its ongoing reform in the railway sector. The money will also be used to buy modern rolling stock Bangladesh Railway and to promote an overall shift from roads to rail, the ADB says in a news release on its website.

September 19, 2017
September 19, 2017

ADB signs USD200m loan deal with Bangladesh

The Asian Development Bank (ADB) and Bangladesh government sign USD200 milion loan agreements to strengthen the country’s urban infrastructure.

August 9, 2017
August 9, 2017

Bangladesh to get $200m ADB loan for urban infrastructure, governance in municipalities

The Asian Development Bank's (ADB) Board of Directors has approved a loan package of US $200 million to strengthen urban infrastructure, service delivery and governance in Bangladesh’s municipalities.

May 27, 2016
May 27, 2016

PM joins G7 outreach meeting with other world leaders

Prime Minister Sheikh Hasina attends the Outreach Meeting of the G7 countries, representing world's seven major advanced economies.

April 27, 2016
April 27, 2016

ADB signs $30m loan for garment sector

The Asian Development Bank (ADB) signs a $30-million loan deal with Brac Bank, which will be used to finance the construction and upgrade of garment factories in Bangladesh.

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