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...
Tag : Asian Development Bank
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...
Low income countries get $85 billion in MDB climate funds
Multilateral development banks delivered a record $137 billion in climate finance in 2024, according to a new joint report released on Wednesday. The figure represents...
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...
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...