Asian Development Bank Press Releases - EIN Presswire - Press Release Distribution Service

Published on November 8, 2024 - 07:37 GMT

ADB, Ipak Yuli Bank Sign Deal to Enhance Sustainable and Inclusive Access to Finance in Uzbekistan

TASHKENT, UZBEKISTAN (8 November 2024)—The Asian Development Bank (ADB) and IPAK YULI BANK have signed a 625 billion Uzbek sum loan (equivalent to about $50 million) to enhance access to financing for urban micro, small, and medium-sized enterprises (MSMEs …

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Published on November 8, 2024 - 02:34 GMT

ADB, Solomon Islands Sign Agreements for the Country’s First Solid Waste Management Project

HONIARA, SOLOMON ISLANDS (8 November 2024) — The Asian Development Bank (ADB) and the Government of Solomon Islands have signed agreements for a $6.93 million loan and a grant of $12.48 million to support the improvement of solid waste management in …

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Published on November 7, 2024 - 09:48 GMT

Investing in Gender Equality for a More Resilient and Dynamic Asia and the Pacific: The Role of Multilateral Development Banks and ...

Description ADB and the World Bank Group (WBG), in partnership with the Ministry of Finance Japan and Japan International Cooperation Agency (JICA), will organize a dialogue on the role of multilateral development banks and development partners in …

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Published on November 7, 2024 - 09:22 GMT

ADB Supports Regional Connectivity, Resilient Infrastructure with Laguna Lakeshore Project

MANILA, PHILIPPINES (7 November 2024) — The Asian Development Bank (ADB) has approved financing of up to almost $1.7 billion to help build a climate-resilient 37.5-kilometer (km) expressway along the Philippines’ biggest lake to promote regional …

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Published on November 7, 2024 - 04:16 GMT

ADB Supports Armenia’s Health Care Reform with $50 Million Funding

MANILA, PHILIPPINES (7 November 2024) — The Asian Development Bank (ADB) today approved a €45.31 million ($50 million equivalent) results-based loan to help improve the quality of health care services in Armenia. The Health Care Quality Improvement …

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Published on November 7, 2024 - 04:16 GMT

ADB Issues First Kyrgyz Som-Denominated Bond

MANILA, PHILIPPINES (7 November 2024) — The Asian Development Bank (ADB) has raised 427.5 billion Kyrgyz som (about $5 million) from its first bond offering issued in this central Asian currency. The 3-year issue, which carries a 10.5% coupon, is …

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Published on November 7, 2024 - 04:16 GMT

ADB, Marshall Islands Partner to Strengthen Skills for Women and Youth

MANILA, PHILIPPINES (7 November 2024) — The Asian Development Bank (ADB) has approved a $19.7 million project which will increase access to livelihood training opportunities and support services for women and youth in the Marshall Islands, including …

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Published on November 5, 2024 - 10:51 GMT

Business Opportunities Seminar with Bangladesh 2024

Description Bangladesh Resident Mission (BRM) of the Asian Development Bank (ADB) organizes business opportunities seminar (BOS) annually as its flagship event to attract quality suppliers, contractors, and consultants from Bangladesh and abroad in ADB …

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Published on November 5, 2024 - 04:59 GMT

$100 Million ADB Loan to Strengthen Armenia’s Fiscal Sustainability and Financial Markets Development

MANILA, PHILIPPINES (5 November 2024) — The Asian Development Bank (ADB) has approved an €89.47 million ($100 million equivalent) policy-based loan as Subprogram 2 of Armenia’s Fiscal Sustainability and Financial Markets Development Program. The reforms …

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Published on November 5, 2024 - 04:59 GMT

ADB, Partners Mark Start of Construction of Tina River Hydropower Project in Solomon Islands

HONIARA, SOLOMON ISLANDS (5 November 2024) — The Asian Development Bank (ADB) today joined project partners in Solomon Islands for a ceremony to mark the beginning of construction of the Tina River main dam structure. Solomon Islands Prime Minister …

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Published on November 5, 2024 - 04:59 GMT

ADB to Help Nepal Upgrade Electricity Transmission and Distribution Infrastructure

MANILA, PHILIPPINES (5 November 2024) — The Asian Development Bank (ADB) has approved a $311 million loan to improve and modernize electricity transmission and distribution infrastructure in Nepal. “Upgrading and modernizing Nepal’s electricity …

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Published on November 4, 2024 - 01:25 GMT

ADB Provides $10 Million Grant to Address Gender-Based Violence in Cambodia

PHNOM PENH, CAMBODIA (4 November 2024) — The Asian Development Bank (ADB) approved $10 million in grant financing to address gender-based violence (GBV) in Cambodia to help meet the country’s target of zero GBV by 2030. The Strengthening Country Systems …

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Published on November 1, 2024 - 02:22 GMT

ADB to Help Improve Agricultural Productivity, Irrigation in Nepal

MANILA, PHILIPPINES (1 November 2024) — The Asian Development Bank (ADB) has approved an $85 million loan to support the modernization of irrigation networks and increase agricultural production in Nepal. Nepal's agriculture sector contributes 26% to …

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Published on October 31, 2024 - 08:36 GMT

ADB’s Private Sector Operations in New Sectors Well Ahead of Target, but Annual Commitment Volume is Declining: Independent ...

MANILA, PHILIPPINES (31 October 2024) — The Asian Development Bank (ADB) has made progress in expanding its private sector operations by diversifying into new sectors and increasing cofinancing. However, the commitment volume in dollar term has declined by …

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Published on October 31, 2024 - 03:28 GMT

ADB, Canvest Sign Deal to Support Waste-to-Energy and Municipal Solid Waste Management in PRC

BEIJING, PEOPLE’S REPUBLIC OF CHINA (31 October 2024) — The Asian Development Bank (ADB) signed a $50 million loan (in yuan equivalent) with Canvest Environmental Protection Group Company Limited (Canvest) to promote efficient municipal solid waste …

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Published on October 31, 2024 - 03:27 GMT

ADB’s $80 Million Project to Enhance Access and Quality of Secondary Education in Cambodia

PHNOM PENH, CAMBODIA (31 October 2024) — The Asian Development Bank (ADB) approved an $80 million loan to enhance secondary education in Cambodia, spotlighting “21st century” skills like critical and creative thinking, inclusive teaching for boys and girls …

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Published on October 31, 2024 - 03:27 GMT

ADB Says Climate Change Could Reduce GDP in Developing Asia and the Pacific by 17% by 2070

MANILA, PHILIPPINES (31 October 2024) — New Asian Development Bank (ADB) research finds the impacts of climate change could reduce gross domestic product (GDP) in developing Asia and the Pacific by 17% by 2070 under a high-end greenhouse gas emissions …

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Published on October 30, 2024 - 08:54 GMT

Q&A: Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP)

What is IF-CAP? The Innovative Finance Facility for Climate in Asia and the Pacific, or IF-CAP, is a multi-donor financing partnership facility with the goal of scaling-up finance for accelerated action against climate change in Asia and the Pacific. IF- …

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Published on October 30, 2024 - 08:54 GMT

ADB Commits to Strengthening Disaster Resilience in New Action Plan

MANILA, PHILIPPINES (30 October 2024) — The Asian Development Bank (ADB) has strengthened its disaster resilience commitment in Asia and the Pacific in a new action plan. The Disaster Risk Management Action Plan 2024–2030 outlines ADB's commitment to …

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Published on October 30, 2024 - 04:23 GMT

ADBI Learning Program on Competency Assessment for Public Officials and Developing Demand-Oriented Capacity Building System—...

Registration Form Click to register Agenda Click to view Time of Event 14:00–15:30 Tokyo time Summary There is a growing recognition that effective and accountable public services are essential for achieving sustainable development goals and fostering …

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