Asian Development Bank (ADB)

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 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.
2 May 2019, 10:38 AM

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.
1 May 2019, 12:09 PM

Lightning arresters can be adopted all over Bangladesh to save lives: 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).
27 April 2019, 10:34 AM

'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.
3 April 2019, 05:33 AM

ADB provides $50m to promote microenterprise development 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.
6 February 2019, 09:15 AM

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.
13 January 2019, 09:53 AM

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.
11 January 2019, 04:33 AM

$200m ADB loan to improve rural roads

Asian Development Bank (ADB) has approved a loan of over $200 million to improve rural road networks that may benefit 51.5 million
7 November 2018, 18:00 PM

ADB approves $500m loan for primary education in Bangladesh

The Board of Directors of the Asian Development Bank (ADB) approves a $500 million loan to support Bangladesh’s Fourth Primary Education Development Programme that aims to provide quality education to all children from pre-primary to grade 5.
27 September 2018, 15:08 PM

ADB to give $110m more for health sector

Asian Development Bank (ADB) has approved additional loan financing of $110 million for a project on urban healthcare services in Bangladesh.
19 September 2018, 06:43 AM

ADB considering grant support to help tackle Rohingya crisis

Asian Development Bank (ADB) is considering grant support to Bangladesh to help tackle Rohingya crisis.
15 May 2018, 13:54 PM

ADB, UK establish fund to improve trade in Asia-Pacific

The Asian Development Bank (ADB) and the Government of the United Kingdom launch the Asia Regional Trade and Connectivity Fund (ARTCF) from which Bangladesh will be benefited.
2 May 2018, 11:40 AM

ADB projects 7pc GDP growth for FY18

The Asian Development Bank projects 7 percent economic growth for Bangladesh for the current fiscal year, much below than the government’s provisional estimate of 7.65 percent.
11 April 2018, 09:55 AM

President Takehiko Nakao says it’s a 60% increase to now what is $8 billion

Asian Development Bank (ADB) President Takehiko Nakao says ADB’s Country Partnership Strategy for Bangladesh proposes total assistance of $8 billion, including for nonsovereign operations, for 2016–2020.
28 February 2018, 10:05 AM

Shift from roads to rail: ADB okays $360m loan to Bangladesh

Asian Development Bank (ADB) has approved $360 million as loans to Bangladesh so the country can support its ongoing reform in the railway sector. The money will also be used to buy modern rolling stock Bangladesh Railway and to promote an overall shift from roads to rail, the ADB says in a news release on its website.
21 February 2018, 06:16 AM

ADB signs USD200m loan deal with Bangladesh

The Asian Development Bank (ADB) and Bangladesh government sign USD200 milion loan agreements to strengthen the country’s urban infrastructure.
19 September 2017, 15:35 PM

Bangladesh to get $200m ADB loan for urban infrastructure, governance in municipalities

The Asian Development Bank's (ADB) Board of Directors has approved a loan package of US $200 million to strengthen urban infrastructure, service delivery and governance in Bangladesh’s municipalities.
9 August 2017, 05:15 AM

PM joins G7 outreach meeting with other world leaders

Prime Minister Sheikh Hasina attends the Outreach Meeting of the G7 countries, representing world's seven major advanced economies.
27 May 2016, 04:19 AM

ADB signs $30m loan for garment sector

The Asian Development Bank (ADB) signs a $30-million loan deal with Brac Bank, which will be used to finance the construction and upgrade of garment factories in Bangladesh.
27 April 2016, 14:46 PM