Asian Development Bank (ADB)

ADB provides $170m more for capital market reforms in Bangladesh

The Asian Development Bank (ADB) has approved a second portion loan of $170 million to conclude the Third Capital Market Development Program in Bangladesh.
15 February 2020, 11:57 AM

New ADB President Masatsugu Asakawa assumes office

The 10th President of the Asian Development Bank (ADB) Masatsugu Asakawa assumed office today.
19 January 2020, 08:24 AM

ADB to give $33.26m for metro rail project

The Asian Development Bank (ADB) and Bangladesh government sign agreements for $33.26 million in loan for a project to design the Dhaka Mass Rapid Transit (MRT) line 5 (Southern route) that will help ease the traffic and pollution burden in Dhaka city.
11 December 2019, 14:36 PM

ADB to help fight bad loans

Asian Development Bank is poised to provide financial support to the government to form a public asset management company (PAMC) with a view to arresting the upward trend of defaulted loans.
26 November 2019, 18:00 PM

ADB provides $150m for skills development in Bangladesh

Asian Development Bank (ADB) and Bangladesh government sign an agreement of $150 million in loan to continue support in skill development training.
25 November 2019, 14:03 PM

ADB to help improving urban water supply, sanitation

Asian Development Bank (ADB) and Bangladesh government signs an agreement of $11 million in loan to develop water supply and sanitation priority in urban area of the country.
25 November 2019, 13:04 PM

ADB lends $300m for power transmission expansion in Bangladesh

The Asian Development Bank (ADB) has approved a 271.84 million euros ($300 million equivalent) loan for a project to expand transmission lines in greater Dhaka and the western zone of Bangladesh.
9 November 2019, 11:43 AM

ADB to fund expansion of 4 highways into four lanes

Asian Development Bank will fund the expansion of the country’s four highways into four lanes. The highways are Dhaka-Sylhet, Rangpur-Banglabandha, Rangpur-Bhurimari and Barishal-Faridpur.
4 September 2019, 09:46 AM

214km Dhaka-Sylhet Highway: ADB to fund its expansion into four lanes

The impasse over financing of the expansion of 214-kilometre Dhaka-Sylhet Highway into four lanes is likely to end soon, as Asian Develop-ment Bank has given “consent” to fund the project, officials said.
24 July 2019, 18:00 PM

ADB will shift focus with changing Asia-Pacific

Asian Development Bank’s strategy going forward will be to respond to the changing needs of the Asia and the Pacific region, says its President Takehiko Nakao.
3 May 2019, 08:11 AM

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.
2 May 2019, 18:00 PM

ADB launches action plan for healthy oceans

The Asian Development Bank (ADB) launches the Action Plan for Healthy Oceans and Sustainable Blue Economies for the Asia and Pacific region.
2 May 2019, 10:38 AM

Implementation capacity the main hindrance to growth ambitions

Bangladesh’s capacity to implement large volumes of infrastructure projects will be the main stumbling block to realising the country’s growth ambitions, says a top official of the Asian Development Bank.
1 May 2019, 12:09 PM

Lightning arresters can be adopted all over Bangladesh to save lives: ADB

Lightning arresters, a low-cost technology, can be adopted all over the country to save lives and stop undue human damages from lightning strikes, says the Asian Development Bank (ADB).
27 April 2019, 10:34 AM

'Bangladesh will achieve 8% growth in FY19'

Bangladesh’s economy will grow at 8 per cent in the fiscal 2019, Asian Development Bank has said in its bright outlook for the economy.
3 April 2019, 05:33 AM

ADB provides $50m to promote microenterprise development in Bangladesh

The Asian Development Bank (ADB) and the Government of Bangladesh sign agreement for $50 million in loan to promote microenterprise development for inclusive economic growth and poverty reduction.
6 February 2019, 09:15 AM

ADB provides $200m to upgrade rural road network in Bangladesh

The Asian Development Bank (ADB) and the government of Bangladesh sign agreements for $200 million in loans to improve the rural road network in Bangladesh.
13 January 2019, 09:53 AM

50MW Kaptai Lake solar project awaits ADB fund approval

The Power Division is now waiting for a positive note from the Asian Development Bank (ADB) about its financing to implement a 50MW floating solar project in the Kaptai Lake, official sources say.
11 January 2019, 04:33 AM

$200m ADB loan to improve rural roads

Asian Development Bank (ADB) has approved a loan of over $200 million to improve rural road networks that may benefit 51.5 million
7 November 2018, 18:00 PM

ADB approves $500m loan for primary education in Bangladesh

The Board of Directors of the Asian Development Bank (ADB) approves a $500 million loan to support Bangladesh’s Fourth Primary Education Development Programme that aims to provide quality education to all children from pre-primary to grade 5.
27 September 2018, 15:08 PM