Asian Development Bank

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.

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.

April 19, 2016
April 19, 2016

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.

December 4, 2015
December 4, 2015

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.

October 29, 2015
October 29, 2015

BB launches instant fund transfer system

Bangladesh Bank (BB) launches Real Time Gross Settlement (RTGS) with 55 banks.

October 6, 2015
October 6, 2015

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.

September 22, 2015
September 22, 2015

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).

July 16, 2015
July 16, 2015

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.

June 28, 2015
June 28, 2015

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.

April 21, 2015
April 21, 2015

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.

March 13, 2015
March 13, 2015

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...

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