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Sunday, September 14, 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

Russian-style socialism dominated Nehru’s imagination. It was disastrous

It is necessary to break the spell of socialist dogma on the imagination of those attracted by its Utopia as the only scientific way of progress, wrote MA Venkatarao in 1963.

What’s behind bond yields’ logic-defying spike? The market’s concern over the future

While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.

Navy gets first Tata-made Spanish 3D surveillance radar for its warships, 19 more to come

It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.

Gen Zs have taken down the Nepal regime. Here’s why this will never happen in India

To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.