In Short : Asian Development Bank, plays a crucial role in supporting infrastructure development across Asia, including power transmission. How can I assist you with this In Detail : The Asian Development Bank (ADB) has approved $250 million in loans that will help deliver reliable electricity in Pakistan by expanding and improving the power transmission […]
ADB Receives $8 Million Trust Fund Replenishment to Meet Sanitation Challenge in Asia and the Pacific – EQ
In Short : ADB has secured an $8 million trust fund replenishment to address the sanitation challenge in Asia and the Pacific. This funding will help promote improved sanitation practices and ensure access to clean and safe facilities for people across the region. In Detail : MANILA, PHILIPPINES : The Asian Development Bank’s (ADB) Sanitation […]
ADB Spotlights Critical Role of Regional Knowledge Sharing to Transition to Low-Carbon Economy – EQ
In Short : The Asian Development Bank (ADB) has emphasized the pivotal role of regional knowledge sharing in transitioning to a low-carbon economy. Collaborative efforts and knowledge exchange between countries and regions are essential to addressing the challenges of climate change and accelerating the adoption of sustainable practices. In Detail : CHANGSHA, PEOPLE’S REPUBLIC OF […]
ADB Project to Promote Climate-Resilient, Inclusive Public Services in Shanxi, PRC – EQ
In Short : The Asian Development Bank (ADB) is spearheading a project in Shanxi, People’s Republic of China (PRC), aimed at bolstering climate-resilient and inclusive public services. This initiative aligns with the broader global agenda of enhancing climate resilience and ensuring access to essential services for all communities. By promoting sustainable practices and fostering inclusivity, the […]
The Asian Development Bank (ADB) has initiated a project aimed at catalyzing a green transformation in Shanxi, People’s Republic of China (PRC) – EQ
In Short : The Asian Development Bank (ADB) project aims to catalyze a green transformation in Shanxi, People’s Republic of China (PRC). This initiative underscores the commitment to environmental sustainability in the region. By promoting green practices and investments, the project seeks to drive positive environmental change, reduce carbon emissions, and contribute to a more […]
The Asian Development Bank (ADB) and Maxwealth have inked a CNY 1 billion agreement aimed at broadening access to lease financing for Micro, Small, and Medium-sized Enterprises (MSMEs) in the People’s Republic of China (PRC)
The Asian Development Bank (ADB) has entered into a CNY 1 billion agreement with Maxwealth to expand access to lease financing for Micro, Small, and Medium-sized Enterprises (MSMEs) in the People’s Republic of China (PRC). This initiative underscores ADB’s commitment to supporting the growth and development of MSMEs in the region, facilitating their access to […]
ADB Appoints Bhargav Dasgupta as Vice-President for Market Solutions – EQ
MANILA, PHILIPPINES : The Asian Development Bank (ADB) has appointed Bhargav Dasgupta as Vice-President (Market Solutions) for a period of 3 years. He will be responsible for management of the operations of ADB’s Private Sector Operations Department and Office of Markets Development and Public–Private Partnerships. Mr. Dasgupta is a financial industry leader with over 35 […]
ADB Approves Support to Expand Renewable Energy in Maldives – EQ
MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved a financing package of $50.5 million to expand renewable energy development in Maldives. The package consists of $41.5 million from the Asian Development Fund (ADF), an $8.5 million concessional loan from ordinary capital resources, and a $500,000 grant from the Climate Change Fund. The ADF […]
ADB, GreenYellow Sign Deal for Commercial and Industrial Rooftop Solar in Viet Nam – EQ
HO CHI MINH, VIET NAM : 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 […]
ADB, Deutsche Bank Sign Risk Sharing Agreement to Boost Supply Chain Financing in Asia – EQ
MANILA, PHILIPPINES : The Asian Development Bank (ADB) and Deutsche Bank have signed a risk participation agreement to enhance access to financing for small and medium-sized enterprises (SMEs) in Asia and the Pacific. The agreement was signed between ADB’s Trade and Supply Chain Finance Program (TSCFP) and Deutsche Bank AG through its Singapore branch. “Partnering […]