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A service for global professionals · Thursday, February 25, 2021 · 535,904,615 Articles · 3+ Million Readers
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China Asian Development Bank Newswire

  • Published on Feb 22, 2021

    PH seeks $700M in loans from ADB, AIIB for COVID-19 vaccine purchase

    Metro Manila (CNN Philippines, February 22) — The Philippines is seeking $700 million (nearly ₱34 billion) in loans from two multilateral lenders to help speed up its procurement of COVID-19 vaccines. The proposed Second Health System Enhancement to …

    Source: CNN Philippines - Neutral
  • Published on Feb 20, 2021

    How Jin Liqun Charted an Independent Course for China’s Asian Infrastructure Investment Bank

    Born two years before Mao Zedong’s Communist Revolution, Jin Liqun was “sent down” by the party to help rural peasantry as a young man, and spent his teens farming paddy rice, wheat and cotton in the sunbaked countryside. In the evenings, he volunteered to …

    Source: TIME Magazine - Neutral
  • Published on Feb 19, 2021

    ADB okays $16M loan for solar farm

    Japanese-led Asian Development Bank (ADB) has approved a $16.4 million loan for a new 60MW alternating-current solar farm in Kampong Chhnang province’s southwestern district of Teuk Phos. This comes after the Council for the Development of Cambodia’s (CDC) …

    Source: The Phnom Penh Post - Gov't Propaganda
  • Published on Feb 17, 2021

    Sri Lanka considering Indias grant instead of China project

    In an apparent bid to displace a Chinese company that had won the contract to install renewable energy systems in three small islands off Jaffna Peninsula in northern Sri Lanka, India has offered a grant of $12 million to execute it, Colombo-based media …

    Source: Shanghai News.net - Neutral
  • Published on Feb 22, 2021

    Let her trade

    Everybody in the world has felt the effects of the pandemic in one way or another. In the world of business, Covid-19 has forced countless entrepreneurs to the sidelines, wreaking havoc on international trade and pushing millions into a sea of uncertainty. …

    Source: Bangkok Post - Neutral
  • Published on Feb 22, 2021

    Dhaka needs to pay $460m to join New Development Bank

    Bangladesh will have to pay about $460 million in subscription fee to become a member of the New Development Bank (NDB) or BRICS Bank, a new international lender looking to mobilise resources for infrastructure and sustainable development projects. Of the …

    Source: Daily Star - Neutral
  • Published on Feb 10, 2021

    BBIN functionality rests solely on China’s involvement

    Future functioning of the Bangladesh, Bhutan, India, Nepal (BBIN) initiative rests solely on China's involvement in this process as it is a major trading partner of nations in this region, said Rehman Sobhan yesterday. China is the single largest …

    Source: Daily Star - Neutral
  • Published on Feb 20, 2021

    Pakistan to get 5.6m doses of Covid vaccine by end of March: NCOC

    ISLAMABAD: The National Command and Operation Centre (NCOC) on Saturday said that at least 5.6 million doses of the coronavirus vaccine will arrive in the country by the end of March. In a statement, the NCOC said that out of the 5.6 million vaccine doses, …

    Source: Pakistan Today - Uncategorized
  • Published on Feb 19, 2021

    Controversy arises over remaining work of Bus Rapid Transit

    PESHAWAR: A controversy has arisen over the remaining work of Bus Rapid Transit at Peshawar. The JV Chinese and local contractors have refused to continue work on the BRT corridor and three mega shopping plazas (depots) worth Rs 10 billion. Construction …

    Source: The News International - Uncategorized
  • Published on Feb 18, 2021

    Pakistan unlikely to exit ‘grey’ list of global terror funding watchdog until June

    Pakistan is unlikely to exit the Financial Action Task Force’s ‘grey’ list until June, despite its efforts to garner support from the member nations ahead of the plenary meeting of the global terror financing and money laundering watchdog next week, …

    Source: The Indian Express - Neutral
  • Published on Feb 18, 2021

    Pakistan may stay on FATF's grey list until June: Report

    NEW DELHI: Pakistan is likely to stay on the Paris-based Financial Action Task Force's “grey" list until June, despite its efforts to muster support from members of the global terror financing and money laundering watchdog ahead of the body’s …

    Source: Mint - Neutral
  • Published on Dec 11, 2020

    Asian Development Bank launches US$9b Covid-19 vaccine facility for developing members

    Asian Development Bank President-elect Masatsugu Asakawa speaks during an interview with Reuters in Tokyo in this file picture taken on November 29, 2019. — Reuters pic MANILA, Dec 11 — The ability of developing countries in Asia to fight the coronavirus …

    Source: Malay Mail - Neutral
  • Published on Jan 25, 2021

    Pacific island nations turn to Beijing-backed AIIB as COVID-19 sinks economies

    SYDNEY: Pacific island nations are turning to China-led agencies to plug funding gaps in their pandemic-ravaged budgets after exhausting financing options from traditional Western partners, stoking fears the region is becoming more dependent on Beijing. …

    Source: Channel News Asia - Public Broadcaster
  • Published on Feb 15, 2021

    Rowing Between Two Reefs: Indonesia’s Infrastructure Investment Strategy

    AdvertisementLast year, Indonesia-U.S. relations saw many highlights, from the visit of then U.S. Secretary of State Mike Pompeo to the extension of Generalized System of Preferences trade preferences for Indonesia. Among other issues, one thing that has …

    Source: The Diplomat - Neutral
  • Published on Jan 10, 2021

    Spying threat looms over Chinese investment in Pacific undersea cable networks

    Taiwan has claimed that China is attempting to spy on other nations by backing private investment in Pacific undersea cable networks following a Reuters report in December 2020 that said that the USA has warned Pacific Island nations against security …

    Source: Beijing News.net - Neutral
  • Published on Feb 13, 2021

    Lawmakers worried: Still no vaccine supply agreements

    Senators were distressed that no supply contract for the purchase of COVID-19 vaccines has been signed so far due to snail-paced government negotiations with drug manufacturers, while Congress leaders pushed a bill to allow local governments to make …

    Source: Cebu Daily News - Neutral
  • Published on Feb 12, 2021

    NDB commits USD 100 million to NIIF Fund of Funds (FoF)

    NEW DELHI: National Investment and Infrastructure Fund (NIIF) on Thursday said that Shanghai-based New Development Bank has committed to invest USD 100 million (around Rs 728 crore) in NIIF Fund of Funds (FoF). With NDB's investment, the FoF has …

    Source: The Economic Times - Neutral
  • Published on Jan 4, 2021

    Modi Gov't Becomes Meme Bait After Chinese Firm Bags Underground Rail Project in India

    India 07:20 GMT 04.01.2021Get short URL Influenced by a months-long border standoff along the Line of Actual Control (LAC), Sino-Indian relations have not been at their best for almost a year now. In retaliation for the deadly border clashes, India took …

    Source: Sputnik International - Gov't Propaganda
  • Published on Jan 3, 2021

    Chinese firm gets contract for construction of underground stretch of Delhi-Meerut RRTS project 

    By PTI NEW DELHI: The National Capital Region Transport Corporation (NCRTC) has awarded a contract to a Chinese company, Shanghai Tunnel Engineering Company Limited, for the construction of a 5.6-kilometre underground stretch, from New Ashok Nagar to …

    Source: The New Indian Express - Neutral
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