Asian Development Bank News - Latest Updates & Headlines
ADB plans to expand operations by 50 pc over next decade
Manila, Feb 18: The Asian Development Bank (ADB) announced on Tuesday that it has approved a plan to scale up its operations by 50 per cent over the next decade, leveraging its existing capital base to enhance its development impact across Asia and the Pacific.
Karachi witnesses surge in traffic accidents, with 99 incidents and 39 fatalities in first 37 days of 2025
Karachi, February 7: Karachi has witnessed a significant rise in traffic accidents, with 99 major incidents reported in the first 37 days of 2025, resulting in 39 fatalities, ARY News reported, citing the traffic police.
ADB approves 500 million USD loan to bolster Philippines' disaster resilience
Manila, Jan 29: The Asian Development Bank (ADB) on Wednesday said it has approved a policy-based loan of 500 million US dollars to provide the Philippines with quick access to financing in case of disasters triggered by natural hazards or health-related emergencies.
ADB approves USD 600 million loan to support Bangladesh
Manila, January 12: The Asian Development Bank (ADB) has approved a USD 600 million policy-based loan to the Government of Bangladesh, said the Philippines-headquartered regional development bank.