Asia-Pacific growth outlook lifted to 5% for 2026
Business

Asia-Pacific growth outlook lifted to 5% for 2026

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Economic growth across developing Asia and the Pacific will moderate to 5.0% in 2026 from 5.5% in 2025. The Asian Development Bank raised its 2026 forecast by 0.1 percentage point from its July estimate. Growth...
ADB cuts Asia Pacific 2026 growth forecast to 4.9%
Business

ADB cuts Asia Pacific 2026 growth forecast to 4.9%

congodailynews.com
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 softer demand in parts of the region. The projection stands...
ADB commits $30 billion for ASEAN by 2030
Business

ADB commits $30 billion for ASEAN by 2030

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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 strengthen resilience to external shocks, giving the 10-member bloc a...
ADB unveils fund to speed ASEAN power grid plans
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ADB unveils fund to speed ASEAN power grid plans

congodailynews.com
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 transmission projects in Southeast Asia. The new vehicle, called the...
Thailand's green economy boosted by OFID-ADB collaboration
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Thailand’s green economy boosted by OFID-ADB collaboration

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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 effort hinges on a co-financing agreement aimed at underpinning the...