Asian Development Bank
ADB to give $230 million for flood victims’ rehabilitation
Floods devastated north-eastern part of Bangladesh in May, June last year
ADB cuts Bangladesh’s GDP growth forecast to 5.3% for FY2023
The Asian Development Bank (ADB) today said Bangladesh's gross domestic product (GDP) is expected to grow by 5.3 per cent in the ongoing fiscal year, down from the 6.6 per cent it projected earlier.
What 50 years of World Bank partnership meant for us
How much good did the World Bank do in our country?
‘Reform banking sector to be a middle-income country by 2031’
The banking sector should go through holistic reforms to strengthen the country’s financial base in order to become an upper middle-income nation by 2031, Asian Development Bank’s Country Director Edimon Ginting said.
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 $20 billion to finance Bangladesh’s road and railway projects but raised concerns over the timely implementation of schemes.
Carbon debt-free future for every child
I became fully aware of the environmental challenges that we face when I visited Boracay Island in the Philippines a few years ago. The amazing picturesque beaches with white sand and blue lagoons were disturbed by the over-interest of tourists like me.
IMF cuts Bangladesh's GDP growth forecasts to 6.4%
The International Monetary Fund has revised down its economic growth projection for Bangladesh to 6.4 percent for the current fiscal year largely because of Russia-Ukraine war and supply chain disruptions.
7.5% GDP growth target set for fiscal 2023
The government has set an ambitious economic growth target of 7.5 per cent for the next fiscal year although the country faces new headwinds owing to higher prices of commodities globally and is still recovering from the shocks of the coronavirus pandemic.
ADB sounds caution over taking BRI loans
In a word to the wise, ADB President Takehiko Nakao yesterday advised countries to scrupulously evaluate the merits of a project before approaching China for funding under its flagship Belt and Road Initiative.
‘ADB considers US$ 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.
