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ADB Funds Bangladesh Transport Upgrade

Posted November 26th, 2012 at 3:25 am (UTC-5)
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The Asian Development Bank has funded a partial upgrade to one of Bangladesh’s most critical regional transport corridors. The improvements will increase trade and connections across South Asia. The ADB is providing $198 million, plus an additional $60 million from partner organizations, for the expansion and improvement of a 70-kilometer section of the corridor connecting […]

ADB to Help China Create Energy From Waste

Posted November 26th, 2012 at 3:00 am (UTC-5)
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The Asian Development Bank says it has signed a loan agreement with a Chinese company for waste-to-energy projects to reduce the environmental impact of agricultural and municipal waste disposal. The ADB said in a statement Monday that four loans of up to $200 million will be provided to two units of China Everbright International Limited […]

Tags: , , Posted in East Asia Pacific

New Fire Rages in Another Bangladesh Garment Factory

Posted November 26th, 2012 at 2:45 am (UTC-5)
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Bangladesh authorities say firefighters are battling a new blaze in a garment factory building outside the capital, Dhaka, one day after a deadly blaze at another factory. Fire officials say Monday’s fire is in a building at least 10 stories high, housing several factories. There is no immediate word about possible casualties. Media reports say […]

Tags: , Posted in South Asia

Australia Apologizes for Abuse in Military

Posted November 26th, 2012 at 1:55 am (UTC-5)
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Australia’s government has apologized to hundreds of victims of abuse within the military, clearing the way for victims to receive compensation. In an address to parliament Monday, Defense Minister Stephen Smith acknowledged that, since the early 1950s soldiers, sailors and members of the air force had suffered abuse, often by superiors, under the excuse of […]