The Asian Development Bank has approved a US$1 billion loan to help one of Philippines' largest cities procure a fleet of more than 1,000 electric and Euro-5 standard diesel buses, in an important step towards modernising the country's ageing public transport system.
The Asian Development Bank (ADB) has approved a $50 million loan to support the implementation of policy reforms by the government of Nepal to help improve its domestic and international trade.
The World Bank (WB) has agreed to provide a loan of $2.25 billion to Bangladesh for its five development schemes on regional trade and connectivity, disaster preparedness and environmental management.