ADB President Masatsugu Asakawa and Bangladesh Finance Minister and ADB Governor A H M Mustafa Kamal today discussed ADB’s support to Bangladesh in its fight against the novel coronavirus disease (COVID-19) pandemic.

ADB returned to the US dollar bond market with the pricing of a $4.5 billion 5-year global benchmark bond issue, proceeds of which will be part of ADB’s ordinary capital resources.

ADB today approved $1.5 billion in financing to support the Government of Indonesia’s efforts to alleviate the impact of the novel coronavirus disease (COVID-19) pandemic on public health, livelihoods, and the economy.

ADB today announced the release of a $3 million grant and a $3 million concessional loan from its Pacific Disaster Resilience Program (Phase 2) to help finance the Government of Solomon Islands’ response to the COVID-19...

ADB has approved a $1.5 billion loan to help the Philippine government fund its novel coronavirus disease (COVID-19) response program and strengthen the country’s health care system in its fight against the pandemic.

ADB today approved a $1.5 billion loan to the Government of India to help fund its response to the COVID-19 pandemic, including support for immediate priorities such as disease containment and prevention, as well as social...

ADB President Masatsugu Asakawa and Nepal Finance Minister and ADB Governor Yuba Raj Khatiwada today discussed ADB’s support to Nepal in its fight against the novel coronavirus disease (COVID-19) pandemic.

ADB today approved a $100 million loan to support the Government of Bangladesh in its efforts to address the immediate public health requirements of combatting the novel coronavirus disease (COVID-19) pandemic.

ADB has provided several targeted interventions to support its developing member countries in combating the effects of the COVID-19 pandemic from its early stages. In support of ADB’s effort, the Government of Japan is...

ADB today approved a $20 million loan to support Bhutan’s efforts to stimulate the economy, protect public health, and mitigate the effects of the novel coronavirus disease (COVID-19) pandemic on its people.

ADB today approved an additional $500 million loan to bolster the efforts of the Government of Bangladesh to manage the impact of the novel coronavirus disease (COVID-19) pandemic on the country’s economy and the public health.

ADB President Masatsugu Asakawa and Bhutan Finance Minister and ADB Governor Namgay Tshering today discussed ADB’s support to the country in its fight against the novel coronavirus disease (COVID-19) pandemic.

ADB has released the 13th annual performance report of its corporate results framework, the Development Effectiveness Review, a management tool that monitors performance and progress during 2019.

After a lacklustre first half, home sales across the top six cities in the country are expected to rise 26 per cent in the second half of 2014 compared to a year ago, according to a research report by property advisory firm Knight Frank. A negative sentiment among home buyers due to the slow economy, high interest rates, inflation and also political uncertainty had tempered home sales in the first half of the year. While new launches in the period dropped 32 per cent, sales volume was down 27 per cent. But now, with a positive election result, a stable government at the centre and sops for the housing sector […]

BANGALORE: Online real estate portal CommonFloor has raised $30 million (over Rs180 crore) in its fifth round from existing investor Tiger Global. In January, the Bangalore-based company had raised about Rs 65 crore from Tiger Global and Accel Partners. Sumit Jain, cofounder and chief executive officer of CommonFloor, confirmed the investment. “We will invest in technology, product development, hiring and expanding to at least 22 new cities in the next one year,” he said. While the company did not disclose the valuation it received, Jain said that Common Floor expects to earn a revenue of $25 million in the next one year. “We have grown 100% in terms of revenue […]

The number of coronavirus cases in Saudi Arabia exceeded 35,000 on Friday as the kingdom struggles to get to grips with rising numbers of new infections.

Kuwait will enact a "total curfew" from 4pm (1300 GMT) Sunday through to May 30 to help to curb the spread of the new coronavirus, the Information Ministry said on Twitter Friday.

President Donald Trump and Saudi Arabia's King Salman spoke by phone Friday and "reaffirmed the strong United States-Saudi defense partnership," the White House said, amid tensions over Saudi's oil output.

Iran warned Saturday that coronavirus infections were rising in the southwest despite falls in other regions, as it announced more than 1,500 new confirmed cases.

The project’s targeted outcome was improved access to social and economic facilities in the project areas, particularly in education and health services, and transport hubs in Timor-Leste. These were to (i) rehabilitate 232 kilometers (km) of priority roads; (ii) develop and implement a new road maintenance program; (iii) improve border post facilities; and (iv) provide consulting services and technical assistance (TA) in all aspects of project development and implementation.

The program aimed to increase the role of women entrepreneurs in economic development and address constraints they and micro, small, and medium-sized enterprises (MSMEs) faced. The program had two components—a policy-based loan (PBL) and a financial intermediation loan (FIL) — each at $20.0 million. The program was supported by a technical assistance (TA) capacity building component of $0.6 million.

The project aimed to improve access of micro, small, and medium enterprises (MSMEs) to commercial financing and market opportunities, thereby fostering growth, competitiveness, and employment creation in India. There were three targeted outputs. First was enhance credit delivery through Small Industries Development Bank of India (SIDBI) and participating financial institutions in the MSME subsector. Second was increased SME productive and managerial capacity and related new jobs created for new markets.

Transport systems provide arteries for efficient movement of people and goods in a well-functioning economy. The Asia and Pacific region has witnessed brisk economic growth and social development leading to increased mobility and urbanization. Rapid growth and urbanization creates pressure on transport system and services, which need to keep up not only to sustain the economic growth, but also to ensure much needed equitable access and quality services for all sections of the society.

The Madhya Pradesh Power Sector Investment Program in India was a multitranche financing facility (MFF) designed to support Madhya Pradesh state’s sustainable economic growth and social development by investing in the statewide power transmission and distribution networks. The MFF supported the state government in expanding its power transmission, distribution, and management infrastructure and capacity.

The Annual Evaluation Review (AER) is the flagship report of the Independent Evaluation Department (IED) on the operational performance and results of the Asian Development Bank (ADB). This is an important year for the AER as it marks the first full year of Strategy 2030’s implementation. The AER provides a synthesis of the evaluations prepared by IED in the preceding year, updates performance trends, and draws lessons and offers recommendations to guide ongoing and future operations.

ADB has a vacancy for the position of Intern - Urban Development and Water Division, SERD - 2008 in the Southeast Asia Department. The deadline for submitting applications is on 15 September 2019.

ADB has a vacancy for the position of Intern - The Secretary's Office - 2014 in the Office of the Secretary. The deadline for submitting applications is on 15 September 2019.

ADB has a vacancy for the position of Senior Administration and Communications Assistant in the Strategy, Policy and Partnerships Department. The deadline for submitting applications is on 31 May 2020.

ADB has a vacancy for the position of Senior Social Development Specialist (Gender and Development) in the Sustainable Development and Climate Change Department. The deadline for submitting applications is on 9 May 2020.

The Asian Development Bank Institute (ADBI) is looking for an experienced (Senior) Administrative Officer. Under the general supervision of the Director, Administration, Management and Coordination, ADBI, he or she will be responsible for designing, managing and monitoring administrative services for ADBI, primarily accounting, controlling and auditing, budget, finances and fund administration, local staffing, liaison with Japanese authorities and institutions, office services and procurement.

ADB has a vacancy for the position of Senior Operations Assistant in the Pacific Department. The deadline for submitting applications is on 25 May 2020.

ADB has a vacancy for the position of Senior Project Assistant in the South Asia Department. The deadline for submitting applications is on 14 May 2020.

ADB has a vacancy for the position of Senior/Safeguards Specialist (Environment) in the Southeast Asia Department. The deadline for submitting applications is on 15 May 2020.

ADB has a vacancy for the position of Senior Regional Cooperation Specialist in the Sustainable Development and Climate Change Department. The deadline for submitting applications is on 18 May 2020.

ADB has a vacancy for the position of Senior Operations Assistant in the South Asia Department. The deadline for submitting applications is on 19 May 2020.

ADB has a vacancy for the position of Senior Operations Assistant in the Pacific Department. The deadline for submitting applications is on 21 May 2020.

ADB has a vacancy for the position of Senior IT Officer (Project Management) (3 Vacancies) in the Information Technology Department . The deadline for submitting applications is on 22 May 2020.

ADB has a vacancy for the position of Senior Operations Assistant in the Central and West Asia Department. The deadline for submitting applications is on 22 May 2020.

ADB has a vacancy for the position of Budget and Management Services Analyst in the Budget, Personnel, and Management Systems Department. The deadline for submitting applications is on 22 May 2020.

This report presents nine case studies on poverty reduction projects financed by ADB in Mongolia, Nepal, the People’s Republic of China, the Philippines, Sri Lanka, Uzbekistan, and Viet Nam.

As Asia rapidly urbanizes, providing water and sanitation services has become problematic.

This brief presents methodologies, high-level technologies, and policies that can help the People’s Republic of China, particularly Beijing, accelerate and enhance water conservation planning.

ADB is proposing a project to deliver climate adaptive solutions for water resources management and modernize outdated irrigation and drainage systems within the Amu Darya and selected reaches of the Zarafshan irrigation system.

This document outlines the operations strategy and plan for the ASEAN Catalytic Green Finance Facility pilot phase (2019–2021).

This document outlines the investment principles and eligibility criteria that will guide the selection of projects to be supported by the ASEAN Catalytic Green Finance Facility (ACGF).

This video defines State-Owned Enterprises (SOEs) and guides borrowers on how to assess their viability to participate as bidders under ADB funded projects.

ADB is formulating an aggressive set of actions to protect the poor, the vulnerable, and wider populations across Asia and the Pacific. And to ensure economies will rebound as swiftly as possible.

ADB tripled the size of its response to the COVID-19 pandemic to $20 billion and approved measures to streamline its operations for quicker and more flexible delivery of assistance, says ADB President Masatsugu Asakawa.

Answers are provided to questions about ADB’s $20 billion COVID-19 pandemic response.

A peer to peer discussion on how ADB works with the private sector to fill the investment gaps and finance facilities that generate and distribute clean energy.