April 20, 2026
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Tag : Asian Development Bank

Business

ADB unveils fund to speed ASEAN power grid plans

omandailynews.com
MANILA: The Asian Development Bank has launched a new multi-partner trust fund with about $25 million in initial backing to accelerate preparation of cross-border energy and transmission projects in Southeast Asia. The new vehicle, called the Regional Connectivity Fund for Energy in Southeast Asia, is aimed at advancing the ASEAN Power......
News

Thailand’s green economy boosted by OFID-ADB collaboration

omandailynews.com
The OPEC Fund for International Development (OFID) and the Asian Development Bank (ADB) have pledged to jointly bolster Thailand’s pursuit of sustainable growth. The collaborative effort hinges on a co-financing agreement aimed at underpinning the country’s evolving economic model designed for enduring development. The OPEC Fund is earmarking a $500,000......