ADB
$1b in budget support arrives next week
About $1 billion in budget support is set to arrive in the next few days from three development partners to help the government meet its deficit financing for this fiscal year.
14 June 2023, 01:00 AM
ADB approves $400 million loan to Bangladesh
The funding will also help advance reforms in domestic resource mobilisation, improve efficiency and productivity of public spending, and small businesses, especially women-led businesses to access low-cost innovative bank financing.
13 June 2023, 08:57 AM
ADB to give $230 million for flood victims’ rehabilitation
Floods devastated north-eastern part of Bangladesh in May, June last year
17 April 2023, 11:26 AM
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.
4 April 2023, 07:33 AM
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.
21 March 2023, 03:00 AM
‘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.
29 January 2023, 11:06 AM
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.
9 October 2022, 02:00 AM
Bangladesh may get $12-15b credit support from ADB by 2025: Kamal
Bangladesh expects to receive $12 billion to $15 billion in credit support from the Asian Development Bank (ADB) by 2025 under the lender's country partnership strategy, said Finance Minister AHM Mustafa Kamal today.
27 September 2022, 10:35 AM
ADB forecasts Bangladesh's GDP projection to 6.6% from 7.1%
The Asian Development Bank (ADB) has downsized its projection for Bangladesh's gross domestic product (GDP) growth to 6.6 per cent in the current fiscal year.
21 September 2022, 07:57 AM
“I’m Bangabandhu’s daughter; I’ll fulfil what I commit to InshAllah”
In response to criticism after the World Bank backed out of funding the Padma Bridge, Prime Minister Sheikh Hasina today said, “I’m the daughter of Father of the Nation Bangabandhu Sheikh Mujibur Rahman. I’ll fulfil what I commit to InshAllah.”
22 June 2022, 07:21 AM
Bangladesh’s Dev Projects: ADB to lend $5b in 3 yrs
The Asian Development Bank will provide around $ 5 billion to Bangladesh with an aim of promoting rapid, inclusive and sustainable growth in the country.
13 September 2019, 18:00 PM
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.
2 May 2019, 18:00 PM
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.
3 April 2019, 18:00 PM
ADB approves $100m grants for Rohingyas in Bangladesh camps
The Asian Development Bank (ADB) Board of Directors approves grant assistance of $100 million -- the first of an envisaged package totaling $200 million to help Bangladesh develop basic infrastructure and services for displaced persons (Rohingyas).
6 July 2018, 06:48 AM
Bangladesh must grow 10pc annually for 20 years: ADB chief
Bangladesh needs to clock in at least 10 percent economic growth for the next two decades if it wants to become a developed country
28 February 2018, 18:28 PM
TIB against taking ADB fund as loan
The Transparency International Bangladesh (TIB) has urged the government not to take financial assistance from ADB for the Rohingya
7 November 2017, 18:00 PM
Virat Kohli eyes maiden IPL crown for Bangalore
The imperious Virat Kohli will be eyeing a fairytale ending Sunday to a record-breaking season when he leads the Royal Challengers Bangalore in the Indian Premier League's final against Sunrisers Hyderabad.
28 May 2016, 09:04 AM
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.
19 April 2016, 18:00 PM
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.
19 April 2016, 09:12 AM
ADB extends loan for Bangladesh water project
The Asian Development Bank (ADB) extends fresh loan to Bangladesh to expand a water project in south-west area.
6 October 2015, 08:46 AM