Schema-Root.org logo

 

  cross-referenced news and research resources about

 Asian Development Bank

The Asian Development Bank (ADB) is a regional development bank established in 1966 to promote economic and social development in Asian and Pacific countries through loans and technical assistance.It is a multilateral development financial institution owned by 66 members, 47 from the region and 19 from other parts of the globe. ADB's vision is a region free of poverty. Its mission is to help its developing member countries reduce poverty and improve the quality of life of their citizens.



The work of the Asian Development Bank (ADB) is aimed at improving the welfare of the people in Asia and the Pacific, particularly the 1.9 billion who live on less than $2 a day. Despite many success stories, Asia and the Pacific remains home to two thirds of the world's poor.



The bank was founded as a regionally focused clone of the IBRD (World Bank), with the primary impetus coming from the US, Japan and Western European (especially Nordic and Germanic) governments. The bank has traditionally funded its lending activities by issuing supranational-rated bonds in the euromarkets. For many years the bank was the only Asia-ex Japan issuer of eurobonds. Although recent economic growth in many member countries have led to a change in emphasis to some degree, throughout most of its history the bank has operated on a project basis, specifically in the areas of infrastructure investment, agricultural development and loans to basic industries in member countries. Although by definition the bank is a lender to governments and government entities, it has also participated as a liquidity enhancer and best practice enabler in the private sectors of regional member countries. The primary human capital asset of the bank is its staff of professionals, encompassing academic and/or practical experts in the areas of agriculture, civil engineering, economics, public policy and finance. These professionals are drawn from all across the globe and given various incentives to relocate to Manila, including diplomatic status and tax-free incomes. It is conceivable that once all of Asia-Pacific reaches a certain level of living standard the bank will be wound down or reconfigured to operate as a commercial enterprise.

The Asian Development Bank (ADB) is a regional development bank established in 1966 to promote economic and social development in Asian and Pacific countries through loans and technical assistance.It is a multilateral development financial institution owned by 66 members, 47 from the region and 19 from other parts of the globe. ADB's vision is a region free of poverty. Its mission is to help its developing member countries reduce poverty and improve the quality of life of their citizens.

The work of the Asian Development Bank (ADB) is aimed at improving the welfare of the people in Asia and the Pacific, particularly the 1.9 billion who live on less than $2 a day. Despite many success stories, Asia and the Pacific remains home to two thirds of the world's poor.

The bank was founded as a regionally focused clone of the IBRD (World Bank), with the primary impetus coming from the US, Japan and Western European (especially Nordic and Germanic) governments. The bank has traditionally funded its lending activities by issuing supranational-rated bonds in the euromarkets. For many years the bank was the only Asia-ex Japan issuer of eurobonds. Although recent economic growth in many member countries have led to a change in emphasis to some degree, throughout most of its history the bank has operated on a project basis, specifically in the areas of infrastructure investment, agricultural development and loans to basic industries in member countries. Although by definition the bank is a lender to governments and government entities, it has also participated as a liquidity enhancer and best practice enabler in the private sectors of regional member countries. The primary human capital asset of the bank is its staff of professionals, encompassing academic and/or practical experts in the areas of agriculture, civil engineering, economics, public policy and finance. These professionals are drawn from all across the globe and given various incentives to relocate to Manila, including diplomatic status and tax-free incomes. It is conceivable that once all of Asia-Pacific reaches a certain level of living standard the bank will be wound down or reconfigured to operate as a commercial enterprise.

Schema-Root.org logo
images:  google   yahoo YouTube
spacer

updated Wed. April 27, 2022

-
The Asian Development Bank (ADB) organized the meeting and assisted with the updating of the operational plan, said a statement issued by ADB here. "ADB is deeply committed to SASEC and will continue to play its role as secretariat for financial and technical support," said Hun Kim, Director General of ...
The project is part of an $82 million irrigation effort funded by the Asian Development Bank that aims to modernise irrigation systems in multiple provinces across the Kingdom. Ministry of Water Resources and Meteorology spokesman Chan Yutha said the ministry has begun to dredge and enlarge a canal ...

Influential thinkers in the fields of international economics, history and digital technology are set to speak on global economic trends that will shape the world's future in a run-up to the 51st Annual Meeting of the Board of Governors of the Asian Development Bank (ADB) in Manila in May, the Department of ...
Influential thinkers in the fields of international economics, history, and digital technology are set to speak on global economic trends that will shape the world's future during a forum to be hosted by the Philippines this May. The forum will be conducted in the run-up to the 51st Annual Meeting of the Board of ...
Multi-lateral funding agency Asian Development Bank (ADB) today signed a USD 84 million loan agreement to finance water supply projects in two cities of Bihar. The loan will finance water supply improvements and expansion in Bhagalpur and Gaya towns in Bihar, ADB said in a statement. This is the ...
The AIIB earlier signed cooperation agreements with the World Bank, the Asian Development Bank and the European Bank for Reconstruction and Development. Most of its projects to date have been co-financed with other multilateral development banks. China is the largest shareholder in the AIIB, ...

ISLAMABAD, (UrduPoint / Pakistan Point News - 19th Feb, 2018 ):Manila based Asian Development Bank (ADB) showed interest in mutual cooperation with Pakistan Railways (PR) to modernize its infrastructure, rolling stock and human resource management. This was discussed during meeting of Werber ...
The Sri Lankan government had obtained Asian Development Bank (ADB) financial assistance worth US$ 100 million in 2016 to finance the Small and Medium-Sized Enterprises (SME) Line of Credit Project. The objective of the project was to strengthen the SME sector in Sri Lanka by facilitating access to ...
When the Asian Development Bank (ADB) was getting ready to launch in 1966, the four cities it considered for its headquarters were Tokyo, Manila, Tehran and Kabul. These locations were among the continent's best options as stable, liberal, Westernized corners. At the time, Vietnam was engulfed in war.
MANILA — In 2017, the Asian Development Bank merged its lending windows so as to allow it to increase and expand its lending portfolio amid growing resource needs of its member countries and in the face of competition from emerging sources of infrastructure funding in the region. But where might the ...
Asian Development Bank (ADB) President Takehiko Nakao on Wednesday said ADB is ready to support Bangladesh with the Rohingya crisis and big development projects if requested by the government. The regional lender also said that it would not change the lending terms for Bangladesh after it ...
Taxation “lacks clarity,” according to the Asian Development Bank, and foreign investors await specific local debt and equity access parameters. The guide predicts “much change,” including municipal bond creation, over the next 1-2 years, with the caveat that sound fiduciary practice may still not apply ...
The Asian Development Bank (ADB) signed a loan for $235 million to B.Grimm Power, one of the largest power producers in Thailand, to develop and enhance renewable energy capacity in Asean member countries. ADB's financing will support B.Grimm Power's implementation of the Asean Distributed ...
The Asian Development Bank (ADB) has agreed to provide a $21.3 million grant to help upgrade the Aiwo boat harbor on the Central Pacific island of Nauru, according to a press release. This will make Aiwo the country's first fully functioning international port. Funding from ADB will help cover the $79.6m ...
Kuroda's reappointment was a sign of premier Shinzo Abe's confidence over the governor's efforts to pull Japan's economy out of stagnation. Tokyo also nominated Masazumi Wakatabe, a professor at Waseda University, as deputy governor. The other deputy governor post went to BOJ Executive Director ...
The Asian Development Bank (ADB) and the Government of the Federated States of Micronesia (FSM) have officially opened renewable energy facilities in Yap Island to strengthen the FSM region's energy reliability and security. ADB provided a $9m loan for the project, which was used to build a windfarm ...
The Trade Finance Program of the Asian Development Bank (ADB) and Uzbekistan's Aloqabank have signed an agreement enabling cooperation to provide loans and facilitate the development of trade in Central Asian country. The agreement was signed by Takeo Konishi, the head of the Asian ...

PESHAWAR: Asian Development Bank (ADB) while lauding the role of provincial government for health reforms has pledged to extend a helping hand to the Khyber Pakhtunkhwa Government for an improved Health Services delivery system. Rie Hiraoka, Director Asian Development Bank while expressing ...
The Asian Development Bank has signed an agreement with Bangladesh's Eastern Bank for a $20m loan to support the country's textile and garment sectors, two of the major contributors to its growth. Christine Engstrom, director for ADB's private sector financial institutions division, said: “The textile and ...
When the Asian Development Bank (ADB) was getting ready to launch in 1966, the four cities it considered for its headquarters were Tokyo, Manila, Tehran and Kabul. These locations were among the continent's best options as stable, liberal, Westernized corners. At the time, Vietnam was engulfed in war.
MANILA, Philippines – The Department of Public Works and Highways has signed a consulting contract with Ove Arup and Partners Hong Kong Limited (Arup) to help the DPWH prepare feasibility studies and detailed engineering designs for new inter-island bridges, tunnels, and highways worth over $11 ...
Hong Kong based environmental services firm, China Everbright International Limited, has secured a $100 million loan from the Asian Development Bank to help a develop a series of municipal waste to energy plants in primary and secondary cities in the Mekong Delta, Vietnam. This initiative will be the ...
The Asian Development Bank (ADB) and the Government of India today signed a $250 million loan to finance the construction of 6,254 kilometres all-weather rural roads in the States of Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal under the Prime Minister's Rural Roads Program ...
The Asian Development Bank (ADB) and the Government of India today signed a $250 million loan to finance the construction of 6,254 kilometres all-weather rural roads Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal under the Prime Minister's Rural Roads Programme (PMGSY), ...
YEREVAN. – Within the framework of the 48th World Economic Forum Annual Meeting in Davos, Switzerland, Prime Minister Karen Karapetyan of Armenia met with president Takehiko Nakao of the Asian Development Bank (ADB). They discussed several ADB-assisted programs being implemented in ...
The Uttarakhand government is pinning hope on the Centre for revival of Asian Development Bank (ADB) funded works, the loan period for which came to an end on Tuesday. Sewerage and water supply line works in the hill state were being carried out under the ADB-assisted Uttarakhand Urban Sector ...
CPPIB to acquire ADB's 6.3% stake in ReNew Power for USD 144 mn Mumbai: ReNew Power Ventures today said Canada Pension Plan Investment Board (CPPIB) will acquire 6.3 per cent stake of the Asian Development Bank in the power producer for USD 144 million. "CPPIB is acquiring 6.3 per cent ...
An Asian Development Bank (ADB) delegation on Tuesday expressed their interest in initiating IT and agricultural projects in Bangladesh. The five member delegation led by Sungsup Ra, director of the Human and Social Development Division of ADB, called on Professor Abdul Mannan, chairman of the ...
Mumbai: Canada Pension Plan Investment Board (CPPIB) on Monday said it is acquiring a 6.3% stake in ReNew Power Ventures Pvt. Ltd from Asian Development Bank for $144 million. “This transaction aligns well with our overall power and renewables strategy, further diversifying the CPP Fund,” said ...
The key to Asian economic growth in 2018 will be greater friendship and cooperation between countries, according to the president of the Asian Development Bank. One of the reasons behind Asia's success in growth and development is the region's successful fostering of a "sense of cooperation" between ...
Otani: The Asian Development Bank has a slightly lower estimate for growth in 2018. Can you give us a little bit of background as to why this is so? Sawada: Behind this revision is basically Chinese growth potential. The Chinese economy is now on a rebalancing phase of its economy from export-driven ...
The Asian Development Bank (ADB) called Friday on the Philippines to make a serious effort to rebuild and rehabilitate Marawi, where a large section remains uninhabitable nearly three months after the military freed the southern city from Islamic State-backed militants. While the Philippine economy was ...
MANILA: The Asian Development Bank (ADB) is exploring to co-finance more projects this year with the Asia Infrastructure Investment Bank (AIIB), the ADB said on Friday. ADB and the China-backed development bank have a "very large pipeline" of projects they could fund together, which includes roads, ...
The quarry has also caught the attention of the Asian Development Bank, as stone from the site is allegedly being used in a highway construction project that it is funding. The villagers say Chit Linn Myaing Toyota has leased its quarry site to China's state-run China Road and Bridge Corporation, which will ...
MANILA — In 2017, the Asian Development Bank merged its lending windows so as to allow it to increase and expand its lending portfolio amid growing resource needs of its member countries and in the face of competition from emerging sources of infrastructure funding in the region. But where might the ...
KARACHI,(UrduPoint / Pakistan Point News - 09th FebSindh Chief Minister Syed Murad Ali Shah has given 10 days to Asian Development Bank (ADB)Country Director to work out a plan to construct underground and Mezzanine floor for BRT Station at Numaish so that final decision could be taken to start ...
The Asian Development Bank has set out a series of reasons that attributed to country-wide black-outs within a span of 07 months from 2015 to 2016. According to the Asian Development Bank, poor operation of the protection system, lack of operational flexibility and bottlenecks in the transmission system ...
Eleven Filipino employees of the Asian Development Bank (ADB) were granted a total of P4.6 million in tax refund by the Court of Tax Appeals (CTA) which also declared that the Bureau of Internal Revenue (BIR) cannot collect taxes retroactively. In a resolution, the tax court's Second Division said “any ...
Shares of Asian Development Bank 6.125% Bonds 2004 (0877.HK) are moving on volatility today -5.15% or -0.24 from the open. The HKSE listed company saw a recent bid of 4.42 and 2681000 shares have traded hands in the session. Investors may be wondering which way stock market momentum will ...
The Asian Development Bank will support the government of Azerbaijan in strengthening its public sector through $250m policy-based loans. ... The Asian Development Bank's board of directors approved the loans to help the government with reforms to improve governance in the public sector as well as ...
NEW DELHI: The Asian Development Bank (ADB) has extended a $583 million (Rs 3,748 crore) loan with partial risk guarantee for Reliance Power's 750 MW power project along with a liquid gas import terminal being built in Bangladesh at a total investment of $1billion. "ADB's role as a direct lender and ...
"The Board of Asian Development Bank (ADB) has approved debt financing and partial risk guarantees totalling USD 583 million (approx Rs 3,748 crore) for 750 MW LNG based combined cycle power plant and LNG Terminal project being developed by the company's subsidiaries in Bangladesh," ...
The Asian Development Bank has approved a further $120 million loan to develop drinking water within the Jaffna peninsula. In 2010, the bank approved $90 million of the first stage of assistance towards a water supply project in Jaffna and Kilinochchi. The full project is expected by be completed by 2025 ...
Asian Development Bank 6.125% Bonds 2004 (0877.HK) shares are moving today on volatility -2.00% or -0.10 from the open. The HKSE listed company saw a recent bid of 4.89 and 3105928 shares have traded hands in the session. Individual investors have a lot to study when dealing with the stock ...
Shares of Asian Development Bank 6.125% Bonds 2004 (0877.HK) have been trending down over the past five bars, revealing bearish momentum for the name. Here we can take a look at some of the key technical indicators which might be able to provide some insight as to whether the stock can reverse ...
The Asian Development Bank has approved an additional $120m in loans to bring drinking water to urban areas of Sri Lanka. In 2010, the ADB lent Jaffna Peninsula, one of Sir Lanka's least developed regions, $90m to support the development of a safe drinking water supply. Jingmin Huang, ADB principal ...
New Delhi: Multilateral funding agency Asian Development Bank (ADB) on Wednesday said it will provide a $500 million loan to improve rural road connectivity in five states, including Assam and West Bengal. The board of directors of ADB has approved the multi- tranche financing facility (MFF) for the ...
The Asian Development Bank's November local-bond monitor covering the third quarter in nine East Asian government and corporate markets showed “strong” 11.5% annualized growth to US$11.5 trillion in total, but also pointed to higher yields and foreign-capital outflows at the end of the period amid ...
ISLAMABAD (Dunya News) - The Asian Development Bank's (ADB) Board of Directors has approved a $275 million loan to help build a surface irrigation system to increase agricultural production and improve food security in the Jhelum and Khushab districts in Punjab province in Pakistan. The project is ...
The Asian Development Bank (ADB) said access to power in South Asia is low and the South Asian Association for Regional Cooperation ...


 

news and opinion


 


 


 


 


schema-root.org

  asia
     asian development bank

Asian intergovernmental:
     asian development bank