In Short : The Asian Development Bank forecasts Tajikistan’s economy to grow by 7.4% in 2025, driven by strong domestic demand and public investment. ADB highlights digital transformation as essential for sustainable development, urging investments in digital infrastructure, education, and innovation to enhance productivity, services, and resilience, ultimately supporting long-term economic growth and social inclusion […]
ADB Approves $85.4 Million Loan to Boost Industrial Growth in Tripura – EQ
In Short : The Asian Development Bank has approved an $85.4 million loan to enhance industrial infrastructure in Tripura, India. The project will upgrade transport, electricity, water, and sanitation facilities across industrial estates, aiming to boost manufacturing competitiveness, attract investment, and generate jobs. It forms part of broader efforts to support Tripura’s economic development through […]
ADB Signs MOU with AIIB, Azerbaijan, Kazakhstan, and Uzbekistan to Support Feasibility Study for Caspian Green Energy Corridor – EQ
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 […]