Latest ADB News & Updates

Samarkand, May 4 (IANS) The Asian Development Bank (ADB) said it will commit up to 70 billion USD by 2035 to two initiatives to integrate power grids, expand cross-border electricity trade, and strengthen broadband access across the Asia-Pacific region.ADB President Masato Kanda launched the Pan-Asia Power Grid Initiative and the Asia-Pacific Digital Highway at the bank’s 59th annual meeting in Samarkand, Uzbekistan’s second-largest city, Xinhua news agency reported.”Energy and digital access wi…

Seoul, May 3 (IANS) South Korean Finance Minister Koo Yun-cheol on Sunday called for strengthening regional cooperation in responding to growing external economic uncertainty from the US-Israeli war against Iran, the country’s Finance Ministry said.Koo made the call during the 29th meeting of ASEAN+3 Finance Ministers and Central bank governors held on Sunday in Samarkand, Uzbekistan, according to the Ministry.ASEAN+3 involves member states of the Association of Southeast Asian Nations (ASEAN) a…

New Delhi, April 21 (IANS) Bangladesh has failed to get any breakthrough at the IMF-World Bank Spring meeting, held earlier this month, on the stalled IMF programme, and no assurance that the expected $3.2 billion in budget support from the World Bank, the ADB, the AIIB, and Japan can be mobilised within the government’s timeline, a local media report said.At a time when tensions in the Strait of Hormuz are already unsettling global energy and freight markets, this ambiguity could not have come …

Agartala, March 13 (IANS) Tripura Governor Indrasena Reddy Nallu on Friday said the state has witnessed a significant improvement in law and order over the past year, with overall crime declining by 8.33 per cent between April and November 2025 compared to the same period in 2024. Addressing the opening day of the budget session of the Tripura Assembly, the Governor said several categories of crime recorded notable declines. Property-related offences dropped by 18.51 per cent, crimes against wom…

New Delhi, March 12 (IANS) While the Donald Trump administration has announced plans for funding mining projects in the resource-rich but restive Balochistan province of Pakistan, the US cannot ignore the fact that security will be a major issue if it has to go through with the investment in the strife-torn region.“The potential of minerals in Pakistan can be immense, yet mineral wealth does not drift. It needs roads, electric power, usury, environmental permits and above all some semblance of…

New Delhi, Feb 26 (IANS) The Central Board of Indirect Taxes and Customs (CBIC), along with the Permanent Mission of India to the WTO in Geneva, organised special sessions on trade on the sidelines of the meeting of the Committee on Trade Facilitation at the World Trade Organisation (WTO) in Geneva, according to an official statement issued on Thursday.The event on Tuesday comprised two focused sessions on trade facilitation and capacity building, highlighting India’s transformative reforms un…

New Delhi, Jan 20 (IANS) The Centre’s Department of Fisheries is organising a roundtable conference with ambassadors and high commissioners of 83 partner countries for promoting seafood exports on January 21, it was announced on Tuesday.India ranks as the sixth-largest exporter of fish and fishery products. In 2024–25, seafood exports reached 16.98 lakh metric tonnes, valued at Rs 62,408 crore ($7.45 billion), contributing nearly 18 per cent to India’s total agricultural exports.The event …