Asian Development Bank

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.
ADB awards essay competition winners in Bangladesh

The Asian Development Bank (ADB) awards four winners of an essay competition celebrating its 50th founding anniversary.
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.
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.
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.
Railway to get 114 new coaches

Bangladesh Railway is set to add 114 new passenger coaches from India and Indonesia to its fleet as part of reform activities to provide passengers modern, safe and quality services.
BB launches instant fund transfer system

Bangladesh Bank (BB) launches Real Time Gross Settlement (RTGS) with 55 banks.
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.
ADB forecasts 6.7pc GDP growth

Bangladesh economy is expected to perform strongly this year, according to the latest figures from the Asian Development Bank (ADB).
ADB trims China, developing Asia growth forecasts

The Asian Development Bank trims its growth forecasts for China and developing Asia this year and next owing to weakness the world's number two economy.
ADB to give $505m for railways

Bangladesh and the Asian Development Bank sign agreements for $505 million in loans to further improve the country’s railway services.
ADB cuts GDP growth to 6.1pc

Asian Development Bank revises down its growth projection for Bangladesh to 6.1 percent for 2015 fiscal from its earlier projection of 6.4 percent.
UK to join China-backed Asian development bank

Britain said it has sought to become a founding member of the Asian Infrastructure Investment Bank, making it the first Western nation...