ADB cuts Asia Pacific 2026 growth forecast to 4.9%
MANILA, PHILIPPINES / MENA Newswire / – The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The...
Tag : Asian Development Bank
ADB commits $30 billion for ASEAN by 2030
Asian Development Bank pledged $30 billion through 2030 to help ASEAN expand energy links, deepen markets and build resilience regionally....
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...
Low income countries get $85 billion in MDB climate funds
MDBs reached $137B in climate finance in 2024, with $85.1B going to low and middle-income nations and private finance jumping to $134B....
ADB lowers South Korea’s 2025 growth forecast to 2 percent
The ADB lowered South Korea's 2025 growth forecast to 2%, citing a semiconductor slump despite rate cuts and policies. The projection aligns with IMF and...
Thailand’s green economy boosted by OFID-ADB collaboration
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...