Asian Development Bank (ADB)

State of the Climate in Asia 2024

The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …

$170m ADB support for food security

The Asian Development Bank (ADB) will provide US$170 million loan to Bangladesh to cope with the rising food price, a bank release said yesterday. The loan is a part of a broader food security package being extended by international agencies and also initiated by the Government of Bangladesh totalling a …

ADB to lend $170m to face food crisis

The Asian Development Bank will lend Bangladesh $170 million to help cope with a rapid rise in food prices. The loan, part of a package with other multilateral aid donors, "will ensure access to food supply for those hardest hit by recent natural disasters in Bangladesh and the rapid increase …

Days of cheap food in Asia are over: ADB

The era of cheap food for Asia is over as surging demand, supply problems and the growing production of biofuels will keep food prices high, the Asian Development Bank (ADB) warned Tuesday. In its latest Asia Economic Monitor report, the Manila-based lender warned that while previous food price surges were …

ADB to lend BD $170m to cope with food crisis

The Asian Development Bank said Tuesday it is to lend Bangladesh $170 million to help cope with a rapid rise in food prices triggered in part by natural disasters. The loan, part of a package with other multilateral aid donors, "will ensure access to food supply for those hardest hit …

Managing The Chaos

The growth of Indian cities is chaotic at best It is a migration that is unstoppable. throughout Asia, including India, the wave of people moving to cities will only swell as years go by.

Rural road upgrading programme

Local Government and Provincial Councils Minister Janaka Bandara Tennakoon has taken steps to provide road reforms in four Pradeshiya Sabha areas in the Anuradhapura District. Rural roads which are in a bad condition in the Pradeshiya Saba areas of Medavachchiya, Kahatagasdigiliya, Talawa and Nochchiyagama are to be underground fast reconstruction. …

Apple MSP raised by 50 paise per kg

Jubbal (Shimla): The BJP government chose to celebrate completion of six months in power at Jubbal-Kotkhai today by raising the minimum support price of apple by 50 paise per kg. The BJP had alleged while in opposition that the Congress had overlooked the area during its term. The support price …

Prices of food, fuels govts main challenge: ADB

The Asian Development Bank said on Thursday that tackling the price-hike of fuels, food and fertilizers would be the interim government's main challenge.

Rs2.4bn light rail project being revived: CM

Sindh Chief Minister Syed Qaim Ali Shah has said that the existing $800million ADB-funded mega city project will be redesigned and improved with the inclusion of mass transit schemes such as a light rail, costing Rs2.4 billion, to provide a solution to traffic congestion in the city for the next …

ADB offers $130m to tackle food crisis

The Asian Development Bank (ADB) is going to provide Bangladesh with food assistance of $130 million as budget support to meet the government's food requirement under its social safety net programmes in next fiscal year. Earlier, the government sought $200 million from ADB, which is acting as mediator for Bangladesh …

ADB to provide $130m in food aid

The Asian Development Bank would provide a food assistance of $130 million as budget support for fiscal year 2008-09 to meet the government's food requirement under its social safety net programmes.

Flood control (Editorial)

The first wave of floods has hit the State with devastating consequences. Several embankments were breached and overtopped, and communication snapped on NH-52 in upper Assam. In lower Assam also, cropland and human habitations have been inundated. With the rainy season having just started, indications are that a series of …

Inflation in Asia to hit 5.1%: ADB

Kuala Lumpur: Inflation in Asia will hit 5.1% in 2008 due to surging food and fuel prices and could threaten economic growth in the region, the Asian Development Bank warned. "Our projection for inflation for Asia for 2008 is 5.1% which is already a 10-year high,' Rajat M Nag, MD …

$7.5m ADB loan for Lahore mass transit

The Asian Development Bank (ADB) has agreed to provide $7.5 million loan to Pakistan for technical assistance in the Lahore Rapid Mass Transit System (RMTS), it was officially learnt here on Thursday. The loan will help the Punjab Planning and Development Board to prepare a structured design for the project …

Punjab livestock department to get around Rs two billion for ADP

The Punjab Livestock and Dairy Development Department is likely to get around Rs 2 billion for its Annual Development Programme (ADP) in the provincial budget 2008-09 with 60 percent share for the on-going schemes and 40 percent for the new schemes. Reliable sources in the department told Business Recorder here …

Shock in the rice bowl

Precisely when many in the developed bloc were frantically counting their money at the height of a surreal shock over subprime rate, the globalising world was jolted by a potential crisis of subsistence that would hit the poor and other vulnerable sections very hard. Is there a link, therefore, between …

Foreign experts to prevent floods

The Asian Development Bank has embarked upon an ambitious plan to work out long-term strategy with the help of international experts to control the perennial problem of flood in Assam. The Bank which will fund and execute project, has identified four vulnerable areas of the state for its first-phase of …

Soaring food prices forcing Filipinos into poverty: ADB

Soaring food prices are forcing millions of Filipinos into poverty, the Asian Development Bank said in a study released here Sunday.

Wrong response worsens Asia food crisis, says ADB

Asia's response to tightening global grain supplies has aggravated food price inflation and uncertainty, according to an Asian Development Bank (ADB) report released here on Friday. Export bans and price floors imposed by grain exporters including China, Pakistan, Vietnam and India have increased price volatility and uncertainty in the international …

Where is displacement?

A t the annual conference of the Society for Applied Anthropology in Memphis, Tennessee, US, held from March 25-29, "Displacement, Resettlement and Rehabilitation' was one of the three main themes. The conference was attended by a diverse crowd of applied social scientists from around the world. There were 16 panels …

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