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ADB LOAN TO BANGLADESH
Israel, Iran war: Bangladesh rushes to secure $2 billion loan amid energy crisisWest Asia war: Bangladesh is seeking significant loans to bolster its energy security. The nation faces challenges due to soaring global fu...
ADB, World Bank approve loans worth USD 1.5 billion to BangladeshBangladesh's banking sector is set for a boost with USD 1.5 billion in loans approved by the Asian Development Bank (ADB) and the World Ban...
Developing countries' debt fears increase with new climate financeUnder the new climate finance deal struck at COP29, rich countries pledged to provide $300 billion annually to developing nations by 2035, ...
IFC-ADB, just climate in race to buy fourth partner energyFourth Partner focuses on building and financing renewable energy projects for commercial and industrial entities. It has an installed port...
Bangladesh has 'balanced, independent' foreign policy, is 'not China's 'tail': Foreign Minister Momen"Some people think we are rushing towards China, but (actually) we are not heading towards anyone," Momen said while speaking at an interac...
Reliance Power-JERA JV achieves financial closure for 745 megawatts-Bangladesh unitIn 2019, Reliance Power announced a debt-restructuring deal with US Exim Bank for its Samalkot project in Andhra Pradesh, which was rendere...
China led AIIB could overtake ADB as major financier of infra projects:ExpertsCurrently, India has 7.65 per cent vote share in the AIIB while China holds a whopping 26.63 per cent stake in the organisation that uses E...
Interconnected power market a clear win for South Asia: ADBThe unanticipated shortages in one country's power grid can be readily solved by imports from a neighbouring grid, said ADB Director for En...
AIIB, ADB approves $100 million loan for India's power sectorIn September, ADB chief economist Yasuyuki Sawada said the two banks could cooperate to meet Asia's huge infrastructure investment needs.
AIIB approves first loans for projects in four countriesAIIB was officially established late last year with authorised capital of US 100 billion. China is the largest shareholder with 26.6 per ce...
India to build sea bridge, tunnel to connect Sri Lanka at a cost of Rs 24,000 crore: Nitin GadkariIndia is set to build a sea-bridge and tunnel connecting Sri Lanka while a pact has been inked with Bangladesh, Bhutan and Nepal for flow o...
ADB to finance India-Bangladesh electricity link upgradationManila-headquartered Asian Development Bank (ADB) will help finance the increased transmission capacity of the cross-border electricity lin...
Asian Development Bank, Bill & Melinda Gates Foundation to create South Asia Urban Knowledge HubADB and the Bill & Melinda Gates Foundation will jointly create a knowledge hub for South Asia to improve sanitation and urban services in ...
Bhutan seeks to be India's hydropower plantThe 126 megawatt plant is the first under the public-private-partnership model and has already connected 9,000 rural households in Bhutan.
India electricity to flow to Bangladesh in first South Asian cross-border transmission linkThe first South Asian cross border transmission line, which has been built between India and Bangladesh, will become operational on Saturda...
- ADB to finance construction of Indo-Myanmar road
Asian Development Bank would finance the construction of the 417-km long Indo-Myanmar Road connecting Moore with Sutarkandi in Karimganj.
- Asian Development Bank includes Indian rupee for its Trade Finance Programme
Reflecting an increasing dominance of the Indian rupee, multilateral lender ADB has decided to support projects denominated in the domestic...
- ADB to give $100 mn loan for Indo-Bangla power project
The Asian Development Bank on Tuesday said it will provide $100 million loan for a cross-border electricity initiative between India and Ba...
- ADB meets, demands global action on food inflation
The ADB called for immediate action from global governments to combat soaring food prices and pledged fresh financial aid to help feed the ...
- ADB, other donors to give Bangladesh $190 mn as cyclone relief
ADB and other aid agencies will give Bangladesh $190 mn in loans to assist in recovery from cyclone last year.