Asian Development Bank

World Bank, ADB urged to continue funding logically acceptable projects

Finance Adviser Salehuddin Ahmed says after meeting with ADB

ADB to provide $3b each year till 2026

The Asian Development Bank is planning to provide budget support and big project financing for the next three years to facilitate the country’s smooth graduation from the least-developed country bracket.

ADB to give $230 million for flood victims’ rehabilitation

Floods devastated north-eastern part of Bangladesh in May, June last year

ADB cuts Bangladesh’s GDP growth forecast to 5.3% for FY2023

The Asian Development Bank (ADB) today said Bangladesh's gross domestic product (GDP) is expected to grow by 5.3 per cent in the ongoing fiscal year, down from the 6.6 per cent it projected earlier.

What 50 years of World Bank partnership meant for us

How much good did the World Bank do in our country?

‘Reform banking sector to be a middle-income country by 2031’

The banking sector should go through holistic reforms to strengthen the country’s financial base in order to become an upper middle-income nation by 2031, Asian Development Bank’s Country Director Edimon Ginting said.

Basic digital skills sought in 9 out of 10 jobseekers

Employers in Bangladesh required nine out of the last 10 jobseekers they hired in the past five years to possess at least basic digital literacy and skills, found an Asian Development Bank (ADB) and LinkedIn survey.  

Infrastructure development: ADB ready to give $20b but has concerns

The Asian Development Bank is ready to give over $20 billion to finance Bangladesh’s road and railway projects but raised concerns over the timely implementation of schemes.

Carbon debt-free future for every child

I became fully aware of the environmental challenges that we face when I visited Boracay Island in the Philippines a few years ago. The amazing picturesque beaches with white sand and blue lagoons were disturbed by the over-interest of tourists like me.

April 18, 2022
April 18, 2022

7.5% GDP growth target set for fiscal 2023

The government has set an ambitious economic growth target of 7.5 per cent for the next fiscal year although the country faces new headwinds owing to higher prices of commodities globally and is still recovering from the shocks of the coronavirus pandemic.

March 28, 2020
March 28, 2020

ADB provides $300,000 grant to help Bangladesh tackle Covid-19

The Asian Development Bank (ADB) has approved a $300,000 emergency grant yesterday to support the Bangladesh government’s fight against the coronavirus pandemic.

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 considers US$ 100m grant for Rohingyas in Bangladesh

The Asian Development Bank is considering to provide a grant of US$ 100 million to Bangladesh specially for the Rohingya refugees, ADB President Takehiko Nakao says.

April 4, 2019
April 4, 2019

Banking sector's health weakens

The financial health of the banking sector is weakening due to rising non-performing loans, a lack of corporate governance and increasing capital shortfall, according to an Asian Development Bank report released yesterday.

September 14, 2017
September 14, 2017

Sri Lanka, Pakistan among Asia’s most undernourished countries

Timor Leste, Afghanistan, Sri Lanka and Pakistan have the highest rates of undernourishment in Asia, according to the Asian Development Bank.

April 19, 2017
April 19, 2017

Asian Development Bank awards essay competition winners in Bangladesh

The Asian Development Bank (ADB) awards four winners of an essay competition celebrating its 50th founding anniversary.

July 23, 2016
July 23, 2016

Kabul suicide blasts kill 80, 'IS claims responsibility'

So-called Islamic State says it was behind an attack on a protest march in the Afghan capital, Kabul, killing 80 people and injuring 230.

April 20, 2016
April 20, 2016

Target Trans-Asian Railway linkage

The government has revised a project to lay a 129-km rail track from Dohazari to Gundum near Myanmar border via Cox's Bazar at a cost of Tk 18,034 crore.

April 19, 2016
April 19, 2016

ADB to give Tk 13,115cr for Trans-Asia rail corridor

The Asian Development Bank will provide Tk 13,115 crore loan for implementing a rail route project which will connect Bangladesh to the east and west.