ADB cuts Asia Pacific 2026 growth forecast to 4.9%
The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The bank cited prolonged global energy disruption and...
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ADB commits $30 billion for ASEAN by 2030
CEBU: The Asian Development Bank said Friday it will mobilize $30 billion by 2030 to help the Association of Southeast Asian Nations advance long-term development priorities and...
ADB unveils fund to speed ASEAN power grid plans
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...
ADB lowers South Korea’s 2025 growth forecast to 2 percent
The Asian Development Bank (ADB) has revised South Korea's 2025 economic growth forecast downward to 2 percent, according to an announcement by Seoul's finance ministry...
ADB projects India’s economy to grow steadily by 7% in FY2024
The Asian Development Bank (ADB) has revised its projection for India's gross domestic product (GDP) growth in the fiscal year (FY) 2024, anticipating a solid...