In Short : The Asian Development Bank, AIIB, and the energy ministries of Azerbaijan, Kazakhstan, and Uzbekistan signed an MOU to support a feasibility study for the Caspian Green Energy Corridor. The project aims to enhance cross-border green energy trade, interconnect regional power systems, and promote sustainable energy transmission from Central Asia to Europe, fostering […]
ADB Issues Largest Panda Bonds – EQ
In Short : The Asian Development Bank (ADB) issued its largest-ever Panda Bond, raising CNY8.3 billion ($1.15 billion) with a 1.81% coupon. The three-year bond attracted strong investor demand, supporting ADB’s development projects in Asia-Pacific. This issuance highlights ADB’s commitment to sustainable financing and reinforces the growing role of Panda Bonds in global development funding. […]
ADB and Shriram Finance Sign Deal to Boost MSME and EV Financing in India – EQ
In Short : Karan Mitroo, a seasoned Banking & Finance Partner at Luthra and Luthra Law Offices India, has moved to J. Sagar Associates (JSA). Known for his expertise in banking, capital markets, and infrastructure, Mitroo’s transition marks a significant lateral move in the legal industry. His addition is expected to strengthen JSA’s banking and […]
ADB Sells $2 Billion 10-Year Global Benchmark Bond – EQ
In Short : ABB has issued a $2 billion 10-year global benchmark bond, attracting strong investor interest. The proceeds will support general corporate purposes, including refinancing debt and funding growth initiatives. The bond reflects confidence in ABB’s creditworthiness and market position. Details on the interest rate remain undisclosed, but favorable terms were secured due to […]
ADB President Kanda, Philippine President Marcos Agree to Deepen Cooperation on Broad-based, Inclusive, Sustainable Growth – EQ
In Short : ADB President Masato Kanda met Philippine President Ferdinand Marcos Jr. to strengthen cooperation on inclusive and sustainable growth. Marcos praised ADB’s key role in Philippine development, highlighting projects in infrastructure, healthcare, and climate action. Kanda, newly appointed ADB chief, reaffirmed support for the country’s economic resilience and social welfare initiatives. In Detail […]
ADB, Ayala Sign $100 Million Financing Deal to Support Electric Mobility in the Philippines – EQ
In Short : The Asian Development Bank (ADB) and Ayala Corporation signed a $100 million financing deal to boost electric mobility in the Philippines. The initiative aims to deploy electric vehicles and charging infrastructure, reducing greenhouse gas emissions and promoting sustainable transport. This partnership supports the country’s clean energy transition and encourages private sector involvement […]
ADB Sells $5 Billion 3-Year Global Benchmark Bond – EQ
In Short : The Asian Development Bank (ADB) has issued a $5 billion 3-year global benchmark bond to support its development initiatives across Asia and the Pacific. This bond issuance helps ADB raise funds from international investors to finance projects aimed at fostering regional economic growth and cooperation, reinforcing its commitment to sustainable development in […]
ADB, TBS Sign Deal to Expand Sustainable Transportation in Indonesia – EQ
In Short : The Asian Development Bank (ADB) and PT Transportasi Jakarta (TBS) have partnered to enhance sustainable transportation in Indonesia. The initiative aims to reduce carbon emissions, expand public transit networks, and integrate green technologies like electric buses. This collaboration supports Indonesia’s climate goals and highlights the importance of public-private partnerships in promoting eco-friendly […]
ADB, Cook Islands Sign $30 Million Loan for Sustainable, Resilient and Inclusive Development – EQ
In Short : ADB and the Cook Islands have signed a $30 million loan agreement to support sustainable, resilient, and inclusive development. The funding aims to strengthen infrastructure, enhance climate resilience, and promote economic growth, ensuring long-term benefits for the islands’ communities and environment. In Detail : MANILA, PHILIPPINES — The Asian Development Bank (ADB) […]
ADB, SK Finance Sign Deal to Boost Financing for Women Entrepreneurs, EVs in India – EQ
In Short : ADB and SK Finance have joined hands to empower women entrepreneurs and boost electric vehicle adoption in India. The collaboration focuses on improving access to affordable financing, supporting women-led businesses, and promoting sustainable mobility solutions. This initiative aims to drive economic growth, gender equality, and environmental sustainability in the country. In Detail […]