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Thursday, November 13, 2025
TopicAsian Development Bank

Topic: Asian Development Bank

ADB, Bhutan sign $30 million loan for rooftop solar power systems

The project aims to generate 35 megawatts of solar power on public buildings, while also support formulating guidelines, upskilling workforce.

ADB approves $300 million for ‘inclusive finance’ in Uzbekistan

The loan aims to boost microfinance sector, support small businesses and women entrepreneurs.

ABD announces new Country Director for Bangladesh

Hoe Yun Jeong, a Korean national will lead operations and engage in policy dialogue with the interim government.

ADB signs grant to support Vanuatu’s Delivery of Skills Development Project

The $16.5 million grant will include introduction of new courses, new infrastructure, providing equipment at the Vanuatu Institute of Technology in Malampa.

ADB approves $131.5 mil loan for Azerbaijan rail network, to strengthen connectivity

The project aims to upgrade and modernize the Sumgait-Yalama rail line.

ADB loans Pakistan $320 mil to reconstruct roads, incorporate climate resilient design

The Khyber Pakhtunkhwa Rural Roads Development project aims to upgrade 900 kilometers of flood-prone rural roads.

ADB launches five-year plan to support Uzbekistan’s transition to green economy by 2030

The plan aims to make improvements to the domestic financial markets and infrastructure investments.

Asia’s growth outlook remains positive despite external uncertainties, says ADB

The Asian Development Outlook 2024 report suggests that policymakers in the region should monitor a number of risks. These include escalating conflicts and geopolitical tensions.

ADB appoints Utsav Kumar as new country director for Kazakhstan

Kumar will head up ADB operations in Kazakhstan and coordinate the bank's partnership with the government and other stakeholders.

China’s reopening brightens developing Asia’s 2023 growth outlook, says Asian Development Bank

Developing Asia is forecast to grow 4.8% in 2023, the ADB said in its Asian Development Outlook report, more than its previous estimate of 4.6% in December.

On Camera

The math is clear — buying Russian oil is now a losing deal for India

India’s Russian oil purchases have effectively meant a transfer of gains from millions of workers in labour-intensive sectors to a few large refiners.

Inflation plunges to a 10-yr low of 0.25% in October. Here’s why

Record-low inflation gives RBI room to ease rates. Food prices have something to do with it.

Doctor-led terror module behind Delhi blast was in phase 2 of ops, planned serial bombings in December

While main elements behind terror module have been nabbed, more arrests will take place, including some professors & academicians who were part of the ring, it is learnt.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.