In Short : The statement suggests that domestic resource mobilization is instrumental for economic recovery and resilience in the Pacific region. This indicates the importance of mobilizing local resources, including taxes, revenues, and other financial means, to support economic recovery efforts and build resilience against external shocks. Developing sustainable and self-reliant financial systems can contribute […]
ADB to Support Upgrading Indonesia’s Healthcare Facilities and Laboratories with $650 Million Loan – EQ
In Short : The Asian Development Bank (ADB) plans to provide a $650 million loan to support the upgrading of healthcare facilities and laboratories in Indonesia. This initiative aims to enhance the country’s healthcare infrastructure, potentially improving its capacity to respond to public health challenges and emergencies. The investment aligns with efforts to strengthen healthcare […]
ADB Supports Lao PDR to Address Climate Risks, Improve Livelihoods – EQ
In Short : The Asian Development Bank (ADB) is providing support to the Lao People’s Democratic Republic (PDR) to address climate risks and enhance livelihoods. This assistance likely involves funding and implementing projects aimed at building climate resilience, promoting sustainable practices. In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) approved a $32 […]
ADB Projects to Spur Agriculture, Improve Transport and Trade Sectors in Mongolia – EQ
In Short : The Asian Development Bank (ADB) is set to initiate projects in Mongolia aimed at boosting the agriculture sector and enhancing the transport and trade domains. These endeavors align with efforts to promote economic development, improve infrastructure, and foster sustainable growth in Mongolia, as supported by ADB initiatives. In Detail : ULAANBAATAR, MONGOLIA […]
$40 Million ADB Grant to Strengthen STEM Secondary Education in Tajikistan – EQ
In Short : The Asian Development Bank (ADB) has granted $40 million to support the strengthening of Science, Technology, Engineering, and Mathematics (STEM) secondary education in Tajikistan. This financial assistance is likely directed towards improving the quality of education and enhancing the capacity of STEM teachers and students in Tajikistan. In Detail : MANILA, PHILIPPINES […]
ADB Strengthens Flood Management in Indonesia with $250 Million Loan – EQ
In Short : The Asian Development Bank (ADB) is reinforcing flood management efforts in Indonesia through a $250 million loan. This financial support is expected to contribute to infrastructure and initiatives aimed at mitigating the impact of floods, enhancing resilience, and protecting communities in the region. In Detail : MANILA, PHILIPPINES : The Asian Development […]
ADB, Energy Absolute Sign 3.9 Billion Thai Baht Deal for E-Bus Purchase, Enhancing Sustainable Transport in Thailand – EQ
In Short : The Asian Development Bank (ADB) and Energy Absolute have signed a 3.9 billion Thai Baht deal to facilitate the purchase of electric buses. This initiative aims to enhance sustainable transport in Thailand, contributing to the adoption of cleaner and more environmentally friendly modes of transportation. In Detail : BANGKOK, THAILAND : The […]
ADB Approves $659 Million in Financing to Support Pakistan’s Sustainable Development – EQ
In Short : The Asian Development Bank (ADB) has approved $659 million in financing to support Pakistan’s sustainable development initiatives. This funding is expected to contribute to various projects and programs aimed at fostering economic growth, social development, and environmental sustainability in the country. In Detail : MANILA, PHILIPPINES : The Asian Development Bank (ADB) […]
ADB, GEAPP, and MAS to Establish Energy Transition Acceleration Finance Partnership in Asia – EQ
In Short : The Asian Development Bank (ADB), Global Energy Alliance for People and Planet (GEAPP), and MAS Financial Services Ltd are collaborating to establish the Energy Transition Acceleration Finance Partnership in Asia. This initiative underscores their joint commitment to financing and accelerating the transition towards sustainable and renewable energy sources in the region. In […]
ADB, Indonesia Launch Net Zero Strategy for New Capital City – EQ
In Short : The Asian Development Bank (ADB) collaborates with Indonesia to launch a net-zero strategy for the new capital city. This initiative signifies a joint commitment to developing sustainable infrastructure and achieving carbon neutrality in the construction and operation of the upcoming capital. In Detail : DUBAI, UNITED ARAB EMIRATES : The Asian Development […]