The Asian Development Bank (ADB) cited political instability, devastating floods, and policy slippage as major obstacles to Pakistan's economic progress in its annual Asian Development Outlook Report 2024.
SMEs play a critical role in Sri Lanka's economy, contributing 52 per cent to the country's gross domestic product and employ 45 per cent of the population.
The Government of India and the Asian Development Bank (ADB) today signed a $23 million loan agreement to enhance access to quality fintech education, research, and innovation at the Gujarat International Finance Tec-City (GIFT-City), Ministry of Finance said in a press release.
According to a press release by the Ministry of Finance, the agreement for the Ahmedabad Peri-urban Livability Improvement Project was formalized by Juhi Mukherjee, Joint Secretary, Department of Economic Affairs, Ministry of Finance for the Government of India, and Rajesh Vasudevan, Officer
Hosted by the Asian Development Bank Institute (ADBI) in Tokyo, the roundtable aims to address critical challenges and opportunities in Asia's capital markets, particularly concerning the engagement of growth companies and the promotion of sustainability.
CBAM, slated to be operationalized in 2026, will entail import levies on carbon-intensive goods like steel, cement, and electricity, determined by the embedded carbon dioxide emissions in their production processes.
According to ADB, Gujarat International Finance Tec-City (GIFT), a state-owned enterprise, serves as a cornerstone for nurturing fintech ecosystems and financial services within India.
Kathmandu [Nepal]/ Seoul [South Korea], February 21: InnoCSR, at the forefront of sustainable construction innovation, has secured a substantial investment for its technology, Good Bricks System, through a successful Series A funding round. This new investment comes from ADB Ventures, along
According to ADB, in her new role, Oka will spearhead ADB's operations in India, forging partnerships with the government and other development stakeholders.
According to ADB, the funds raised will contribute to ADB's ordinary capital resources, dedicated to fostering social and economic development across the expansive region of Asia and the Pacific.
According to ADB, the study aims to evaluate progress, analyse the impact of previous tax recommendations, and propose new measures to further reduce smoking prevalence while supporting revenue mobilization.