Search For "development bank"
Covid-19 to increase importance of funding diversity for infrastructure: M
Updated : 5 years, 8 months ago IST
Singapore, June 30 (ANI): Funding diversity in Asia Pacific infrastructure sectors will be enhanced beyond historical levels after the coronavirus pandemic, according to Moody's Investors Service.
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Developing Asia to see flat growth due to COVID-19: ADB
Updated : 5 years, 9 months ago IST
Manila [The Philippines], June 18 (ANI): Developing Asia will barely grow in 2020 as containment measures to address the coronavirus (COVID-19) pandemic hamper economic activity and weaken external demand, according to a new set of forecasts from the Asian Development Bank (ADB) released on
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AIIB approves $750 million loan to India for COVID-19 response
Updated : 5 years, 9 months ago IST
Beijing [China], June 17 (ANI): The Asian Infrastructure Investment Bank (AIIB) has approved a 750 million dollar (about Rs 5,688 crore) loan to India to assist the government to strengthen its response to the adverse impacts of the COVID-19 pandemic on millions of poor and vulnerable househ
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ADB convenes high-level advisory panel to support COVID-19 recovery in Sou
Updated : 5 years, 9 months ago IST
Manila [The Philippines], June 10 (ANI): Asian Development Bank (ADB) President Masatsugu Asakawa has launched a high-level panel of leading experts in economics, finance and health to help ministers, central bank governors and other senior officials identify options for Southeast Asian econ
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ADB, IEA discuss scaling up collaboration in energy systems
Updated : 5 years, 9 months ago IST
Manila [The Philippines], June 9 (ANI): The Asian Development Bank (ADB) and the International Energy Agency (IEA) are discussing scaling up collaboration and renewing a memorandum of understanding (MOU) between the two organisations.
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ADB, ESCAP to help Asia Pacific in addressing COVID-19 crisis
Updated : 5 years, 9 months ago IST
Bangkok [Thailand], June 3 (ANI): Asian Development Bank (ADB) President Masatsugu Asakawa and United Nations Economic and Social Commission for Asia and Pacific (ESCAP) Executive Secretary Armida Salsiah Alisjahbana on Wednesday discussed enhancing cooperation to help the region as it addre
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Finance Minister Nirmala Sitharaman lauds performance of NDB
Updated : 5 years, 9 months ago IST
New Delhi [India], May 27 (ANI): Union Finance Minister Nirmala Sitharaman on Wednesday attended the Special Board of Governors meeting of the New Development Bank (NDB) and commended the 'contribution of the bank in funding infrastructure development, which has positively impacted the devel
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ADB approves $250 million support for Nepal's Covid-19 response
Updated : 5 years, 9 months ago IST
Manila [The Philippines], May 26 (ANI): The Asian Development Bank (ADB) on Tuesday approved a 250 million dollar concessional loan to help the government of Nepal fund its response to the novel coronavirus disease (Covid-19) pandemic.
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Chief Minister Yogi Adityanath launches UP Startup Fund
Updated : 5 years, 10 months ago IST
Uttar Pradesh (Lucknow) [India], May 20 (ANI): Chief Minister Yogi Adityanath on Wednesday launched Uttar Pradesh Startup Fund and handed over the first installment of Rs 15 crore to Small Industries Development Bank of India (SIDBI).
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Punjab's Cooperation Department gives insurance cover of Rs 25 lakh to all
Updated : 5 years, 10 months ago IST
Chandigarh (Punjab) [India], May 15 (ANI): Cooperation Department of Punjab government has decided to provide an insurance cover of Rs 25 lakh to all its officers and employees, who are on the frontline in the war against COVID-19.
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COVID-19 economic impact could reach $8.8 trillion globally: ADB
Updated : 5 years, 10 months ago IST
Manila [The Philippines], May 15 (ANI): The global economy could suffer between 5.8 trillion and 8.8 trillion dollars in losses -- equivalent to 6.4 to 9.7 per cent of global gross domestic product (GDP) -- as a result of the novel coronavirus disease (COVID-19) pandemic, according to a new
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ADB approves $500 million for Bangladesh's COVID-19 response
Updated : 5 years, 10 months ago IST
Manila [The Philippines], May 7 (ANI): The Asian Development Bank (ADB) on Thursday approved an additional 500 million dollar loan to bolster the efforts of Bangladesh government to manage the impact of COVID-19 pandemic on the country's economy and public health.
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