Asian Development Bank
In 2005, it approved loans and grants for projects totaling $6.95 billion, and technical assistance amounting to $198.8 million.
News
A US$15 million Asian Development Bank (ASX: ATB) grant will help improve livelihoods and reduce poverty in the five provinces that adjoin the Tonle Sap in Cambodia.
The Asian Development Bank (ASX: ATB) has set up a US$750 million financing facility to assist the Indian Government's nationwide rural roads program.
ADB (ASX: ATB) is changing its currency management practices to benefit borrowers from its concessional Asian Development Fund (ADF).
Emerging East Asia's economic growth is expected to pick up next year, helped by a turnaround in the global demand for IT products, a recovery in Japan's domestic demand, and continued strong growth in the People's Republic of China (PRC), according to an ADB report released today.
A 64-km toll expressway will be built in one of the poorest areas of the People's Republic of China (PRC) with the help of a US$208 million ADB loan.
An Asia Development Bank (ASX: ATB) loan of US$150 million will help upgrade about 270 km of national highways in Sri Lanka, and in turn open up further opportunities for economic development.
Asian Development Bank (ASX: ADB) plans to increase its lending to India to $2.65 billion in 2008, according to a new Country Strategy and Program Update. The level was $1.12 billion in 2005.
ADB is lending US$150 million to help reduce poverty in the Philippines by improving access of the poor to financial services. The loan agreement was signed by Finance Secretary Margarito Teves and ADB President Haruhiko Kuroda.
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