In Short : The Asian Development Bank has announced up to $5.4 billion in planned financing for Kazakhstan between 2026 and 2029. The commitment, shared by ADB President Masato Kanda during discussions with President Kassym-Jomart Tokayev, will focus on infrastructure, regional connectivity, resilience, and economic diversification, strengthening the country’s long-term sustainable development strategy. In Detail […]
In Short : The Asian Development Bank has convened the first 2026 meeting of the Heads of Multilateral Development Banks (MDBs) Group as its new chair, setting priorities for stronger collaboration and collective action among major global development finance institutions. Leaders reaffirmed commitments to mobilizing capital, enhancing financing capacity, and addressing shared priorities like AI, […]
In Short : The President of the Asian Development Bank (ADB) met with the Prime Minister of the Solomon Islands to reaffirm ADB’s commitment to supporting the country’s development priorities. Discussions focused on strengthening economic resilience, infrastructure development, climate adaptation, and inclusive growth. The ADB President pledged continued financial and technical support to help the […]
In Short : The Asian Development Bank (ADB) has approved a USD 25 million financing package to assist the Royal Government of Bhutan in accelerating trade expansion and economic diversification. This support is aimed at strengthening Bhutan’s competitiveness, enhancing resilience against external shocks, and promoting inclusive growth through policy reforms, infrastructure improvements, and expanded access […]
In Short : The Asian Development Bank (ADB) has signed a $350 million financing agreement with Gulf Renewable Energy (GRE) to support Thailand’s clean energy transition. The funding will develop large-scale solar power plants and battery energy storage systems, strengthening grid reliability and reducing carbon emissions while advancing Thailand’s net-zero ambitions. In Detail : BANGKOK, […]
In Short : The Asian Development Bank (ADB) has approved a GEL 270 million (~US $100 million) loan to TBC Bank to boost access to affordable, stable, and long-term financing for micro, small, and medium-sized enterprises (MSMEs) in Georgia. About 70% of funds will go to MSMEs, with specific quotas for women-led businesses (20%) and […]
In Short : The Asian Development Bank has launched a High-Level Advisory Group at the World Economic Forum in Davos to strengthen private sector engagement in Asia and the Pacific. Comprising global business and financial leaders, the group will advise ADB on mobilizing private capital, reducing investment risks, and scaling sustainable development projects across emerging […]
In Short : The Asian Development Bank (ADB) and Abu Dhabi-based Masdar have signed a US $30 million financing agreement to support the Guzar Solar and Battery Energy Storage System (BESS) project in Uzbekistan’s Kashkadarya region. The deal, part of a larger US $225 million renewable energy package, will expand a 300 MW solar plant […]
In Short : The Asian Development Bank (ADB) reports that global demand for trade finance is expected to increase significantly as companies diversify and realign supply chains in response to geopolitical shifts and trade tensions. The ADB’s latest survey reveals a persistent $2.5 trillion trade finance gap, highlights rising interest in local currency financing, and […]
In Short : The Asian Development Bank (ADB) has priced a $3.5 billion 10-year U.S. dollar global benchmark bond, strengthening its AAA-rated funding strategy to support development across Asia and the Pacific. The bond, with a 4.250% coupon and maturity in 2036, attracted broad global demand, bolstering ADB’s capacity to finance infrastructure, climate, and social […]