Climate change to cause economic losses to Pacific countries

Last Updated: Tuesday, November 26, 2013, 21:03

Climate change could cause countries in the Pacific region to lose as much as 12.7 percent of their gross domestic product (GDP), the Asian Development Bank (ADB) said Tuesday.

ADB to provide $10 bn assistance to India over 5 years

Last Updated: Wednesday, November 6, 2013, 15:29

Multilateral lending agency Asian Development Bank (ADB) will provide loan of USD 2 billion annually for five years till 2017 to India to create jobs, enhance investment reforms, and improve infrastructure.

East Asian giants must work together on climate change: ADB

Last Updated: Wednesday, October 23, 2013, 21:36

The Asian Development Bank on Wednesday called on China and Japan to band together in fighting the disastrous effects of climate change, despite their diplomatic hostilities.

Developing Asia can weather Fed's tapering, says ADB

Last Updated: Wednesday, October 2, 2013, 15:53

The bank said developing Asia's current account surplus is expected to narrow to 1.6 percent of GDP in both 2013 and 2014 from 1.8 percent last year.

ADB cuts Asia growth forecasts as India, China slow

Last Updated: Wednesday, October 2, 2013, 12:46

India is seen growing 4.7 percent this year, compared with six percent forecast previously, with the ADB blaming a depreciation in the rupee -- it hit a record low against the dollar last month.

ADB to provide $100 mn loan to improve education in Meghalaya

Last Updated: Tuesday, October 1, 2013, 17:18

The project to support human capital development will be it's first loan in India to boost education and skills.

ADB to lend India $500 million for renewable energy project

Last Updated: Friday, September 27, 2013, 13:56

The loans from the Manila-based bank come at a time when India is looking to boost dollar inflows to prop up the sagging rupee.

ADB's $400 mn loan to improve water, sanitation in Kolkata

Last Updated: Thursday, September 26, 2013, 15:02

Multilateral funding agency ADB will provide USD 400 million loan to improve water and sanitation system in peripheral areas in Kolkata.

Lack of decent jobs behind Asia's poverty: Report

Last Updated: Friday, September 20, 2013, 17:45

Policymakers in developing Asia need to provide decent jobs, liveable cities and disaster prevention programmes if they want to end poverty by 2030, according to a new report.

WB, ADB to provide 400 million dollars to Uttarakhand

Last Updated: Wednesday, August 7, 2013, 11:43

The World Bank and the Asian Development Bank would jointly provide 400 million dollars to rain-ravaged Uttarakhand.

'Govt nod must for study on sensitive issues by WB, others'

Last Updated: Sunday, May 12, 2013, 12:55

Multilateral lending agencies such as World Bank and ADB will have to get concurrence of the government before publishing research reports on sensitive areas like security.

ADB to provide $6 billion to India over next 3 years

Last Updated: Sunday, May 5, 2013, 17:22

The Asian Development Bank (ADB) Sunday said it will provide about USD 6 billion loan to India over the next three years, even as the multilateral lender stated it is facing the challenge of raising resources.