Developing Asia’s economic revival is underway, supported by a healthy global recovery and progress on vaccines. The region’s growth is forecast to rebound to 7.3% in 2021, moderating to 5.3% in 2022.
ADB praises Hasina’s leadership in Covid fight
The Asian Development Bank (ADB) on Tuesday highly praised Prime Minister Sheikh Hasina’s dynamic and successful leadership in fighting the Covid-19 pandemic and rolling out a nationwide vaccination programme.
ADB nods $50m loan for Bangladesh
The Asian Development Bank (ADB) has approved a $50 million loan to fund public-private partnership (PPP) infrastructure projects in Bangladesh.
ADB’s COVID-19 response reaches $9.3b in last six months
Dhaka, Aug 4: The Asian Development Bank (ADB) committed $9.3 billion in financial resources in the last six months since early February when ADB started its initial response to support its developing member countries and the private sector to address…
$100 million from ADB to support COVID-19 response in BD
The Asian Development Bank (ADB) on Thursday approved a $100 million loan to support the Government of Bangladesh in its efforts to address the immediate public health requirements of combating the coronavirus pandemic.“ADB stands with Bangladesh in this difficult time…
Coronavirus: ADB announces $6.5 billion package
The Asian Development Bank (ADB) on Wednesday announced a $6.5 billion initial package to address the immediate needs of its developing member countries (DMCs) as they respond to the novel coronavirus (COVID-19) pandemic.
COVID-19 to have significant economic impact on Asia: ADB
The ongoing novel coronavirus (COVID-19) outbreak will have a significant impact on developing Asian economies through numerous channels, including sharp declines in domestic demand, lower tourism and business travel, trade and production linkages, supply disruptions, and health effects, according to…
ADB provides $170m for capital market reforms in BD
The Asian Development Bank (ADB) has approved a second tranche loan of $170 million to conclude the Third Capital Market Development Program in Bangladesh.
ADB trims growth forecasts as Asia’s biggest economies slow
Manila, Philippines (12 December 2019) — The Asian Development Bank (ADB) has trimmed its forecasts for economic growth in developing Asia this year and next year as growth in the People’s Republic of China (PRC) and India is weighed down…
ADB partners with Bangladesh to support health care PPP
The Asian Development Bank (ADB) and the government of Bangladesh on Tuesday signed a Memorandum of Understanding (MOU) to jointly promote public-private partnership (PPP) projects in the country’s health care sector.
Asia Development Bank president to step down
Tokyo (AP/UNB) — The president of the Asia Development Bank, Takehiko Nakao, plans to step down early next year, the regional lender said Tuesday.
Bangladesh’s GDP growth to hit 8pc in FY19-20: ADB
Dhaka, Apr 3 (UNB) – Bangladesh’s economy will grow at 8 percent in 2019-20 fiscal, according to the Asian Development Outlook 2019 released here on Wednesday. “Bangladesh experienced a strong GDP growth in FY2018-19. The country will continue to achieve…
Maintaining Asian stability amid heightened uncertainty: ADB
Developing Asia’s gross domestic product is forecast to expand by 6.0% in 2018 and 5.8% in 2019. Consumer prices for 2018 and 2019 are projected to rise by 2.8%, says Asian Development Bank in its latest forecast.
ADB delegate meets DU VC
DU Correspondent Principal Social Development Specialist of Asian Development Bank (ADB) Sunhwa Lee called on Dhaka University (DU) Vice-Chancellor Prof. Dr. AAMS Arefin Siddique on Wednesday at the latter’s office of the university. Additional Finance Secretary Abdur Rouf Talukder, former…