Asian Development Bank (ADB)

ADB approves $50 million loan to help Covid-19 affected microenterprises in Bangladesh

The Asian Development Bank (ADB) has approved a $50 million loan to help restore the economic activities of microenterprises severely affected by coronavirus pandemic in Bangladesh.
ADB providing $50 million loan to Bangladesh

The Asian Development Bank (ADB) and Bangladesh government today signed agreements for $50 million in loan to promote, fund, and implement public-private partnership (PPP) infrastructure projects in the country.
Combating Covid-19: ADB approves $3m grant to support Bangladesh

The Asian Development Bank (ADB) has approved additional $3 million in grant assistance for procuring urgently needed medical supplies for emergency response to the coronavirus pandemic in Bangladesh.
Bangladesh to see 7.5pc growth in FY2021: ADB

Bangladesh’s GDP is expected to grow by 4.5 percent in FY2020 and 7.5 percent in FY2021, the Asian Development Bank (ADB) has said in a report of Asian Development Outlook (ADO) 2020 Supplement.
ADB grants $100m loan for rural road network expansion in Bangladesh

The Asian Development Bank (ADB) has approved a $100 million loan to expand the coverage of an ongoing rural road network improvement project in Bangladesh, connecting the rural population to agricultural development zones.
ADB provides $231,178 grant to augment Covid-19 facilities in Bangladesh

The Asian Development Bank (ADB) is providing a grant of $231,178 to augment novel coronavirus disease related facilities in 134 urban primary health centres, called Nogor Swastho Kendro, across the country.
ADB approves $500 million more to address Covid-19 impact in Bangladesh

The Asian Development Bank (ADB) approves an additional $500 million loan to strengthen the Bangladesh government’s efforts to manage the impact of coronavirus pandemic on the country’s economy and public health.
ADB approves $100 million loan to support Covid-19 response in Bangladesh

Asian Development Bank (ADB) approves a $100 million loan to support Bangladesh government in its efforts to address the immediate public health requirements of combating the coronavirus pandemic.
ADB to stand by Bangladesh in this time of crisis

Asian Development Bank (ADB) commits $600 million to support Bangladesh in facing challenges presented by the coronavirus outbreak.
Combating coronavirus: ADB funding to triple for developing countries

The Asian Development Bank tripled the size of its response to the novel coronavirus disease pandemic to $20 billion and approved measures to streamline its operations for quicker and more flexible delivery of assistance.
ADB provides $1.34 million to avoid skills trainees’ drop out

The Asian Development Bank (ADB) has provided $1.3 million financial assistance to avoid trainees from dropping out under the Skills for Employment Investment Program (SEIP).
Dhaka-Sylhet highway project may ‘miss out ADB funding for approval delay’

Dhaka-Sylhet multilane and modern highway project might be delayed with fund diversion by the Asian Development Bank (ADB) if the project is not approved by June this year, an informed official says.
ADB provides $170m more for capital market reforms in Bangladesh

The Asian Development Bank (ADB) has approved a second portion loan of $170 million to conclude the Third Capital Market Development Program in Bangladesh.
New ADB President Masatsugu Asakawa assumes office

The 10th President of the Asian Development Bank (ADB) Masatsugu Asakawa assumed office today.
ADB to give $33.26m for metro rail project

The Asian Development Bank (ADB) and Bangladesh government sign agreements for $33.26 million in loan for a project to design the Dhaka Mass Rapid Transit (MRT) line 5 (Southern route) that will help ease the traffic and pollution burden in Dhaka city.
ADB to help fight bad loans

Asian Development Bank is poised to provide financial support to the government to form a public asset management company (PAMC) with a view to arresting the upward trend of defaulted loans.
ADB provides $150m for skills development in Bangladesh

Asian Development Bank (ADB) and Bangladesh government sign an agreement of $150 million in loan to continue support in skill development training.
ADB to help improving urban water supply, sanitation

Asian Development Bank (ADB) and Bangladesh government signs an agreement of $11 million in loan to develop water supply and sanitation priority in urban area of the country.
ADB lends $300m for power transmission expansion in Bangladesh

The Asian Development Bank (ADB) has approved a 271.84 million euros ($300 million equivalent) loan for a project to expand transmission lines in greater Dhaka and the western zone of Bangladesh.
ADB to fund expansion of 4 highways into four lanes

Asian Development Bank will fund the expansion of the country’s four highways into four lanes. The highways are Dhaka-Sylhet, Rangpur-Banglabandha, Rangpur-Bhurimari and Barishal-Faridpur.
214km Dhaka-Sylhet Highway: ADB to fund its expansion into four lanes

The impasse over financing of the expansion of 214-kilometre Dhaka-Sylhet Highway into four lanes is likely to end soon, as Asian Develop-ment Bank has given “consent” to fund the project, officials said.
ADB will shift focus with changing Asia-Pacific

Asian Development Bank’s strategy going forward will be to respond to the changing needs of the Asia and the Pacific region, says its President Takehiko Nakao.
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.
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.
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 save lives in Bangladesh: 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 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.