In Short : Mongolia and the Asian Development Bank (ADB) have entered into a project agreement aimed at fostering green and inclusive agribusiness. This collaboration underscores their commitment to sustainable practices and the promotion of environmentally friendly and inclusive initiatives in the agricultural sector. In Detail : ULAANBAATAR, MONGOLIA : The Government of Mongolia and […]
ADB Supports Indonesia’s First Social Bond and Sukuk Issuance – EQ
In Short : The Asian Development Bank (ADB) is backing Indonesia’s inaugural social bond and sukuk issuance. This initiative aligns with ADB’s commitment to supporting socially impactful projects in Indonesia, facilitating the country’s sustainable development through innovative financing mechanisms like social bonds and sukuk. In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) […]
ADB Sells $5 Billion Dual Tranche 3- and 10-Year Global Benchmark Bonds – EQ
In Short : ADB successfully sells $5 billion dual-tranche global benchmark bonds with maturities of 3 and 10 years. This issuance underscores investor confidence in ADB’s creditworthiness and contributes to funding development projects across the Asia-Pacific region. In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) yesterday priced a 3-year global benchmark United […]
ADB Marks $1.43 Billion in 2023 Sovereign Operations in PRC – EQ
In Short : In 2023, the Asian Development Bank (ADB) recorded $1.43 billion in sovereign operations within the People’s Republic of China. These operations encompass various development sectors, such as infrastructure and poverty reduction, contributing to the nation’s economic progress. In Detail : BEIJING, PEOPLE’S REPUBLIC OF CHINA : The Asian Development Bank (ADB) and […]
ADB, Maldives Sign Agreements to Expand Renewable Energy Access – EQ
In Short : The Asian Development Bank (ADB) and the Maldives have signed agreements to expand access to renewable energy. This collaboration likely involves financial support and strategic initiatives to enhance the Maldives’ renewable energy infrastructure, promoting sustainability and addressing energy access challenges in the region. In Detail : MANILA, PHILIPPINE : The Asian Development […]
ADB, Kompanion Bank Sign Deal to Boost MSME Financing in Kyrgyz Republic – EQ
In Short : The Asian Development Bank (ADB) and Kompanion Bank have signed a deal to enhance financing for micro, small, and medium-sized enterprises (MSMEs) in the Kyrgyz Republic. This agreement is expected to contribute to the growth and development of MSMEs, fostering economic resilience in the region. In Detail : BISHKEK, KYRGYZ REPUBLIC : […]
ADB, Vanuatu Commission Brenwe Hydropower Plant – EQ
MALEKULA, VANUATU : The Asian Development Bank (ADB) today joined the Government of Vanuatu and members of the Malekula community in commissioning the Brenwe hydropower plant and transmission and distribution line extension in Malekula which will deliver sustainable, affordable power to residents and businesses. The construction of the 400-kilowatt hydropower plant is part of the […]
ADB, ACEN Sign Php5.5 Billion Sustainability-Linked Loan to Support Solar Energy Generation in the Philippines – EQ
In Short : ADB and AC Energy have signed a Php5.5 billion sustainability-linked loan to support solar energy generation in the Philippines. This financial collaboration underscores their commitment to advancing renewable energy projects with a focus on environmental sustainability and development goals. In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) and ACEN […]
ADB Approves Support for Urban Resilience in Nepal – EQ
In Short : The Asian Development Bank (ADB) has approved support for urban resilience in Nepal. This could involve financial assistance and technical support for initiatives aimed at enhancing the resilience of urban areas in Nepal to various challenges, including climate-related risks and natural disasters. Strengthening urban resilience is crucial for sustainable development and the […]
ADB, Fiji Sign Grant for Improved Access to Renewable Energy- Generated Electricity – EQ
In Short : The Asian Development Bank (ADB) and Fiji have signed a grant agreement aimed at improving access to electricity generated from renewable sources. This initiative likely involves funding and support to enhance infrastructure, distribution, or capacity in Fiji’s renewable energy sector. The collaboration aligns with the shared goal of promoting sustainable energy access […]