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