Early insights into ADB’s priority sectors for 2018-2020

Monitoring operations in Lahendong Geothermal Plant, which provides clean and sustainable energy to the residents of Manado, North Sulawesi Province, Indonesia. Photo by: Asian Development Bank / CC BY-NC-ND

MANILA — In 2017, the Asian Development Bank merged its lending windows so as to allow it to increase and expand its lending portfolio amid growing resource needs of its member countries and in the face of competition from emerging sources of infrastructure funding in the region. But where might the bank allocate those resources?

The data isn’t complete yet, but available information from the bank’s 2018-2020 country operations business plans for 37 developing member countries — which Devex examined over the past few weeks — provides early indications on priority sectors and how much money is expected to flow to countries. It also provides insights on some of ADB’s biggest projects for climate financing, which plays a central role in the bank’s upcoming strategy.

The data reveal that indicative ADB commitments — which can change in the course of discussing or negotiating projects — to the 37 member countries will reach more than $75 billion over the next three years. The bulk of the money is likely to come from the bank’s lending windows, with less than 5 percent forming grants and technical assistance.

Click here to see a larger version of the chart.

A large part of that funding is projected to cover projects in the transportation sector, followed by projects related to energy, and governance and institutional development.

[“Source-devex”]

Truecaller Priority Aims to Help E-Commerce Firms Complete Their Deliveries

Truecaller Priority Aims to Help E-Commerce Firms Complete Their Deliveries

HIGHLIGHTS

  • Truecaller has partnered EKART, Flipkarts supply chain arm
  • Truecaller users will know if a delivery call is being made
  • Service will help users differentiate official calls from spam calls

Mobile communication app Truecaller on Tuesday launched ‘Truecaller Priority’ to aid last mile delivery in the e-commerce space. Truecaller says the new feature is available for all Android and iOS users.

Launched in partnership with EKART, the supply chain arm of Flipkart, the new feature will also provide contextual details on calls from Truecaller partners, such as letting users know when their package is about to reach them. Truecaller Priority will help EKART complete more deliveries through increased call completion and pick-up rate by boosting their efficiency.

Truecaller says the app will now be able to show all logistics related calls made by EKART clients such as Flipkart, Myntra, Jabong, Yepme, Paytm, Voonik, Hopscotch, and Healthkart. It adds that any company can join the Truecaller Priority service for free, as long as it agrees to Truecaller’s “demands on not spamming users”, and to only make important calls.

“Our mission at Truecaller is to build great communication products which are safe and efficient. With the launch of “Truecaller Priority”, EKART will ensure that users will only get relevant logistics calls from them. The expectation of receiving your delivery on time is very important for any user, and more so for the e-commerce companies, which is their core brand and service promise as well. We believe this is a game changing experience to this industry as a whole.” said Nami Zarringhalam, co-founder & CSO at Truecaller.Neeraj Aggarwal, Head-Supply Chain Operations at EKART, said, “Given the huge volume of shipments on a daily basis, we are often faced with challenges in connecting with our customers. The partnership with Truecaller will help us circumvent these barriers, without being mistaken for a spam call. We are a technology company known for our India centric innovations. With this association, we hope to bring in a radical addition to our customer outreach initiatives.”

Written with inputs from IANS

Tags: TrueCaller, Apps, Android, IPhone, India, Flipkart, Ekart, E Commerce
[“Source-Gadgets”]