News Releases

26 Sep 2008

Tighter Global Credit Heightens Need for South Asian Bond Market Development

As global credit markets tighten in the wake of events on Wall Street, the need for Asia, and in particular South Asia, to develop and strengthen domestic bond markets as a source of long term, local capital, has never been more acute.
3 Sep 2008

ADB Supports Closer Cooperation in South Asia

The Asian Development Bank is supporting closer regional cooperation and integration in South Asia through a grant designed to help strengthen and expand policy reforms in two key nations, India and Pakistan.
29 Feb 2008

South Asia Must Build Investor Confidence to Boost Foreign Direct Investment

South Asia could become one of the more attractive foreign direct investment destinations in developing Asia, but the region will have to improve its business climate and build investor confidence to reach its full potential, according to the newest edition of the Asian Development Bank's South Asia Economic Report.
21 Jan 2008

Improving South Asia's Transport Network to Promote Economic Cooperation

Japan and the Asian Development Bank are helping prepare an investment project that will ease the flow of goods, services and people across Bangladesh, Bhutan, India and Nepal to promote economic cooperation and integration among the four member-countries of the South Asia Subregional Economic Cooperation.
14 Jan 2008

ADB Consults South Asia on Safeguard Policy Update

The Asian Development Bank will meet in New Delhi Jan. 16-17 with various groups from South Asia on the update of its environment, involuntary resettlement and indigenous peoples safeguard policies.
17 Dec 2007

ADB Provides $21M to Develop ICT in South Asia

The Asian Development Bank is providing $21.2 million for the development of information and communication technology in Bangladesh, Bhutan, India and Nepal by enhancing the availability of affordable broadband Internet connections, skilled manpower and local content and Internet applications in line with efforts to promote inclusive growth and reduce poverty.
21 Nov 2007

ADB Extends $15M Grants to Develop Micro, Small, Medium Enterprises in Bhutan

The Asian Development Bank is extending two grants totaling $15 million to support the development of micro-, small- and medium-sized businesses in the Kingdom of Bhutan.
12 Nov 2007

ADB Promoting Regional Cooperation in South Asia by Boosting Research Capacity

The Asian Development Bank is extending a $1.2 million grant to promote regional cooperation in South Asia by enhancing the capacity of research institutes, think tanks and experts in the region.
15 Oct 2007

Four South Asian Countries Agree to ICT Connectivity

Senior officials from Bangladesh, Bhutan, India and Nepal have agreed to collaborate on a subregional information communication technology project to improve connectivity among the four countries.
13 Aug 2007

Information Highway Project in South Asia targets ADB approval in 2007

Senior officials from Bangladesh, Bhutan, India, Nepal the 4 participating countries of the South Asia Sub-regional Economic Cooperation program jointly agreed on the project design of the proposed SASEC Information Highway Project. The project will promote better communication and information access among participating countries and aims to establish regional exchange including in-country gateways and cross-country links, expand rural access to Information and Communication Technology through village networks, and establish a regional network for research, development and training.