Page 60 - Adb News Today

HSBC India will expand its lending to microfinance institutions (MFIs) and non-bank finance companies, with ADB partially guaranteeing the loans.

The Asian Development Bank (ADB) and HSBC India (HSBC) on Thursday signed an agreement to establish a $100 million partial guarantee programme to support more than 400,000 micro-borrowers and mostly women-run micro-enterprises across India.

Richard is a highly experienced tax professional, having worked at very senior levels of the Australian Taxation Office and in the fiscal areas of two major international organizations (IMF and OECD). Through his work over the last 25 years, he has acquired extensive knowledge of tax policy, technical and administration issues across many developed and developing countries.

Economies in Asia-Pacific, including the Philippines, should move to evaluate and change strategies on sustainable development, especially after the pandemic worsened poverty and inequality across the region.

Alexandra has over 25 years of experience in Disaster Risk Management (DRM). Before joining ADB’s Pacific Regional Department in 2020, she worked for the International Federation of Red Cross and Red Crescent Societies, UNDP and, as a consultant, for multiple technical, donor, humanitarian and development organizations balancing headquarter and field assignments. Alexandra

James Leather has 30 years of experience in transport, working internationally with development organizations, governments, the private sector, and research institutions. Mr. Leather leads ADBs transport sector operations and oversees the strategic direction of ADB's knowledge, technical and financial support to its developing member countries, private sector clients, and

The domestic bond market grew by 14 percent to reach P9.79 trillion in 2021, fueled by government-led issuances as the state ramped up borrowings to continue financing its pandemic response, according to Asian Development Bank.

South-East Asia’s economic recovery could be slashed by as much as 0.8 percentage points because of the Omicron variant, the Asian Development Bank (ADB) said in a special report.

ADB has pledged to help Indonesia plan its new capital, Nusantara, as a carbon-neutral and inclusive city.

The Covid-19 pandemic obliterated 9.3 million jobs in Southeast Asia as lockdowns hit the region’s traditional engines of growth such as hospitality and tourism, according to the Asian Development Bank (ADB).