Asian Development Bank
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.
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.
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.
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.
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.
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.
ADB provides $300,000 grant to help Bangladesh tackle Covid-19
The Asian Development Bank (ADB) has approved a $300,000 emergency grant yesterday to support the Bangladesh government’s fight against the coronavirus pandemic.
ADB sounds caution over taking BRI loans
In a word to the wise, ADB President Takehiko Nakao yesterday advised countries to scrupulously evaluate the merits of a project before approaching China for funding under its flagship Belt and Road Initiative.
‘ADB considers US$ 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.
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.
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.