ADB

Budget support from WB, IMF, ADB: Bangladesh may get $5.65b by this fiscal year

The government is expecting at least $5.65 billion in budget support this fiscal year from the World Bank, the International Monetary Fund (IMF), and the Asian Development Bank (ADB) to expedite reforms.

ADB-funded projects face fresh hurdles

Many ongoing development projects, funded by the Asian Development Bank, is facing additional implementation challenges due to the current political climate and changes in the government, a document says.

ADB cuts Bangladesh’s growth forecast due to political unrest

The ADB has lowered its forecast for Bangladesh’s economic growth to 5.1 percent for the current fiscal year, primarily due to supply disruptions caused by political unrest in July and August 2024

Hoe Yun Jeong new ADB country director for Bangladesh

The Asian Development Bank (ADB) has appointed Hoe Yun Jeong as its new country director for Bangladesh

World Bank, ADB urged to continue funding logically acceptable projects

Finance Adviser Salehuddin Ahmed says after meeting with ADB

ADB leads $121m financing for private solar project in Bangladesh

The Asian Development Bank (ADB) has signed a $121.55 million financing package with Dynamic Sun Energy (DSE) Private Ltd to build and operate a 100-megawatt (MW) grid-connected solar photovoltaic power plant in Pabna, a northwest district in Bangladesh

World Bank, ADB promise more support but call for reforms

Both the World Bank and Asian Development Bank (ADB) have assured they will continue supporting Bangladesh’s growth but stressed the need for economic reforms that are crucial for the country to become a developed nation.

AI cameras to be installed on Dhaka-Chittagong highway

The Dhaka-Chittagong highway is set to be dotted with artificial intelligence (AI) based CCTV cameras covering a span of 250 kilometres. The cameras, financed by the Asian Development Bank (ADB) at BDT 152 crore 56 lakhs, are aimed at enhancing the capabilities of the highway police, according to sources associated with the project.

Solar irrigation promises to cut diesel use by 10 lakh tonnes a year

Introducing solar irrigation pump (SIP) systems will gradually enable Bangladesh to cut consumption of diesel fuel by 10 lakh tonnes annually

October 19, 2024
October 19, 2024

Budget support from WB, IMF, ADB: Bangladesh may get $5.65b by this fiscal year

The government is expecting at least $5.65 billion in budget support this fiscal year from the World Bank, the International Monetary Fund (IMF), and the Asian Development Bank (ADB) to expedite reforms.

October 7, 2024
October 7, 2024

ADB-funded projects face fresh hurdles

Many ongoing development projects, funded by the Asian Development Bank, is facing additional implementation challenges due to the current political climate and changes in the government, a document says.

September 25, 2024
September 25, 2024

ADB cuts Bangladesh’s growth forecast due to political unrest

The ADB has lowered its forecast for Bangladesh’s economic growth to 5.1 percent for the current fiscal year, primarily due to supply disruptions caused by political unrest in July and August 2024

September 17, 2024
September 17, 2024

Hoe Yun Jeong new ADB country director for Bangladesh

The Asian Development Bank (ADB) has appointed Hoe Yun Jeong as its new country director for Bangladesh

August 18, 2024
August 18, 2024

World Bank, ADB urged to continue funding logically acceptable projects

Finance Adviser Salehuddin Ahmed says after meeting with ADB

April 30, 2024
April 30, 2024

ADB leads $121m financing for private solar project in Bangladesh

The Asian Development Bank (ADB) has signed a $121.55 million financing package with Dynamic Sun Energy (DSE) Private Ltd to build and operate a 100-megawatt (MW) grid-connected solar photovoltaic power plant in Pabna, a northwest district in Bangladesh

January 19, 2024
January 19, 2024

World Bank, ADB promise more support but call for reforms

Both the World Bank and Asian Development Bank (ADB) have assured they will continue supporting Bangladesh’s growth but stressed the need for economic reforms that are crucial for the country to become a developed nation.

December 24, 2023
December 24, 2023

AI cameras to be installed on Dhaka-Chittagong highway

The Dhaka-Chittagong highway is set to be dotted with artificial intelligence (AI) based CCTV cameras covering a span of 250 kilometres. The cameras, financed by the Asian Development Bank (ADB) at BDT 152 crore 56 lakhs, are aimed at enhancing the capabilities of the highway police, according to sources associated with the project.

December 24, 2023
December 24, 2023

Solar irrigation promises to cut diesel use by 10 lakh tonnes a year

Introducing solar irrigation pump (SIP) systems will gradually enable Bangladesh to cut consumption of diesel fuel by 10 lakh tonnes annually

December 13, 2023
December 13, 2023

Asia to end 2023 on brighter note as China's economy recovers: ADB

Developing Asia will likely end the year on a brighter note, the Asian Development Bank said on Wednesday, with growth in the region expected to be stronger than previously thought due mainly to a recovery in China's economy.