News - Finance

ADB Provides Additional $25 Million To Complete Melamchi Tunnel

The Asian Development Bank (ADB) will provide an additional $25 million loan to the Government of Nepal to complete the Melamchi tunnel and help alleviate a severe water shortage in the Kathmandu Valley.

ADB President Opens Tacloban Office, Assures Typhoon Survivors of Support

Tacloban City, Philippines, February 12, 2014 (Washington Bangla Radio): – During a one-day visit to areas affected by Typhoon Haiyan (Yolanda), Asian Development Bank (ADB) President Takehiko Nakao expressed empathy and deep concern for survivors dealing with the super storm’s aftermath as he assessed potential sites for assistance and inaugurated ADB’s new office in Tacloban, Leyte.


APEDA: Helping Farmers to Look Outwards

Right from the moment when a produce is harvested from the farm to the time it takes to be on board for moving to its desired destination, the life of the agricultural produce gets battered at various stages. It is estimated that almost 30-40 per cent of the produce of fruits and vegetables is wasted due to lack of adequate infrastructure for post-harvest handling, transportation and storage.

Think Differently for Asia's Water, Food, and Energy Security - ADB President

It is critical that Asia’s precious but increasingly scarce water resources are managed in a coordinated way to ensure the region has not only sufficient water but also enough food and energy to meet its needs, Asian Development Bank (ADB) President Takehiko Nakao said today.

ADB President Assures PRC Vice Premier of Strong Support for Reforms, Environment, and Poverty Reduction

During a three-day visit to People’s Republic of China (PRC), Asian Development Bank (ADB) President Takehiko Nakao expressed appreciation for the PRC’s reform vision announced last month and assured Vice Premier Zhang Gaoli of ADB’s strong support for reforms and efforts to address environment and poverty.

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