Asian Development Bank

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...

April 20, 2022
April 20, 2022

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...

April 18, 2022
April 18, 2022

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...

March 28, 2020
March 28, 2020

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.

May 3, 2019
May 3, 2019

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...

May 2, 2019
May 2, 2019

‘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.

April 4, 2019
April 4, 2019

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...

September 14, 2017
September 14, 2017

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.

April 19, 2017
April 19, 2017

ADB awards essay competition winners in Bangladesh

The Asian Development Bank (ADB) awards four winners of an essay competition celebrating its 50th founding anniversary.

July 23, 2016
July 23, 2016

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.

April 20, 2016
April 20, 2016

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.