The Asian Development Bank (ADB) is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. It assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development.
The ADO 2019 provides economic analysis and growth projections for 45 economies in Asia and the Pacific. Its theme chapter analyzes trends in disaster impacts and suggests policies to strengthen disaster resilience. Growth in developing Asia is projected to soften to 5.7% in 2019 and 5.6% in 2020. Excluding Asia’s high-income newly industrialized economies, growth […]
LightCastle Partners co-authored Asian Development Bank’s latest publication titled, “Bangladesh: Computer and Software Engineering Tertiary Education in 2018.” This tracer study, which aims to improve the labor market outcomes of tertiary graduates of computer science and engineering and/or institutes of information technology in Bangladesh, will help in the preparation of a new higher education project […]
Developing Asia seems to be on a path of moderating growth as a recovery in global trade and economic activity that began in 2017 loses steam. Estimated regional growth remains robust but slowed in 2018 to 5.9% and is expected to slow further to 5.7% this year and 5.6% in 2020. Minus the newly industrialized […]
The economy of Bangladesh grew at an average rate of 6.5% annually in the fiscal years (FY) from 2009 to 2018.1 In FY2016, the growth rate crossed the 7.0% mark, and the following 2 years saw even higher growth rates of 7.3% and 7.9%. Historically, exports and remittances have been the two key growth drivers for Bangladesh. However, […]