ADB

ADB to Support Construction of Road Network in Western Mongolia

News Release | 12 September 2023 ULAANBAATAR, MONGOLIA (12 September 2023) — The Asian Development Bank (ADB) has approved a $150 million loan to improve the efficiency and safety of road transport in Mongolia. The Regional Road Development and Maintenance Project (Phase 3) will improve state road network sections between aimag (province) capitals in Western Mongolia focusing on Altai (Gobi-Altai) to Uliastai (Zavkhan) and Khovd (Khovd) to … Continue reading ADB to Support Construction of Road Network in Western Mongolia

ADB, GreenYellow Sign Deal

ADB, GreenYellow Sign Deal for Commercial and Industrial Rooftop Solar in Viet Nam

HO CHI MINH CITY, VIET NAM (11 September 2023) — The Asian Development Bank (ADB) and GreenYellow Smart Solutions Vietnam Co., Ltd. (GreenYellow), have signed a loan agreement of up to $13.8 million for rooftop photovoltaic (PV) solar systems to help increase the supply of clean and affordable energy for commercial and industrial consumers in Viet Nam.  The loan will support the development and operation … Continue reading ADB, GreenYellow Sign Deal for Commercial and Industrial Rooftop Solar in Viet Nam

FRANCE & BANGLADESH INK €184M CREDIT FACILITY AGREEMENT AS FRENCH PRESIDENT EMMANUEL MACRON MAKES LANDMARK VISIT TO DHAKA

FRANCE & BANGLADESH INK €184M CREDIT FACILITY AGREEMENT AS FRENCH PRESIDENT EMMANUEL MACRON MAKES LANDMARK VISIT TO DHAKA

PUBLISHED ON 11 SEPTEMBER 2023 In Presence Prime Minister of Bangladesh, Sheikh Hasina and of French President Emmanuel Macron, representatives of the Ministry of Finance signed a credit facility agreement with Agence Française de Développement (AFD) today. The Credit Facility Agreement of €184M was inked to support urban governance and Infrastructure improvement in Bangladesh. This concessional loan will help the Urban Governance and Infrastructure Improvement or … Continue reading FRANCE & BANGLADESH INK €184M CREDIT FACILITY AGREEMENT AS FRENCH PRESIDENT EMMANUEL MACRON MAKES LANDMARK VISIT TO DHAKA

ASIA BOND MONITOR

Higher Rates Remain a Risk for Emerging East Asia Borrowers

MANILA, PHILIPPINES (11 September 2023) — Governments and central banks in emerging East Asia need to stay vigilant to guard against potential financial risk associated with higher interest rates, according to a report by the Asian Development Bank (ADB). Softening inflation in the past several months has allowed most central banks in the region to hold off on further interest rate hikes, and some have … Continue reading Higher Rates Remain a Risk for Emerging East Asia Borrowers

India: 3 Ways the Mobile School is Making a Difference

18 July 2023| Global, NGO In India, ADRA Austria launched an innovative project to provide education to underprivileged children. It’s reported that 21 percent of children in India live in extreme poverty. In order to survive, children are forced into child labor and at times can earn the same amount as an adult to help support their families. Younger children who are unable to work, … Continue reading India: 3 Ways the Mobile School is Making a Difference

The United States’ stake in free and fair elections in Bangladesh

For the U.S., not only democracy is at risk in the upcoming national elections June 11, 2023, ASIA – By Joseph Rozen As the great-power competition between the U.S. and China intensifies, pressure on other countries to choose sides is mounting, creating a divide between the democratic and autocratic camps. At the core of this competition lies one key question: who will have more influence in … Continue reading The United States’ stake in free and fair elections in Bangladesh