Asian Development Bank

World Bank, ADB urged to continue funding logically acceptable projects

Finance Adviser Salehuddin Ahmed says after meeting with ADB
18 August 2024, 09:03 AM

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.
11 October 2023, 18:00 PM

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

What 50 years of World Bank partnership meant for us

How much good did the World Bank do in our country?
15 February 2023, 15:00 PM

‘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

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.  
9 October 2022, 02:50 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

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.
5 June 2022, 04:30 AM

IMF cuts Bangladesh's GDP growth forecasts to 6.4%

The International Monetary Fund has revised down its economic growth projection for Bangladesh to 6.4 percent for the current fiscal year largely because of Russia-Ukraine war and supply chain disruptions.
19 April 2022, 18:00 PM

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.
17 April 2022, 18:00 PM

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.
28 March 2020, 06:46 AM

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

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.
2 May 2019, 05:29 AM

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

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.
14 September 2017, 05:24 AM

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.
19 April 2017, 08:48 AM

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.
23 July 2016, 11:54 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