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ADB Lowers Developing Asia Growth Outlook as Global Risks Mount

ADB again lowered its forecasts for economic growth in developing Asia and the Pacific, amid…

ADB Maintains Cambodia’s Growth Forecast in 2022, Revises Down Projection for 2023

The Asian Development Bank maintained its economic growth forecast for Cambodia at 5.3% in 2022…

Strong Economic Fundamentals—Key to Fast Recovery in Viet Nam, Says ADB

ADB has maintained its favorable economic outlook for Viet Nam as it forecast gross domestic…

Asia Must Improve Digital Environment for Entrepreneurs, New Global Index Shows

Four-fifths of developing Asian economies place toward the bottom in a global ranking of digital…

Supply Disruptions, Rising Prices Delay Lao PDR’s Economic Recovery — ADB

Economic recovery in the Lao PDR is expected to be slower than forecast in April 2022 on supply…

Economic Growth in People’s Republic of China to Moderate to 3.3% in 2022

Economic growth in the People’s Republic of China is expected to moderate to 3.3% this year,…

ADB Lowers India Growth Forecast Amid Weak Global Demand, High Inflation

ADB has lowered its 2022 economic growth outlook for India, amid sluggish global demand and…

Nepal’s Economy to Modestly Expand in FY2023

Nepal’s economy is estimated to modestly expand by 4.7% (at market prices) in fiscal year (FY)…

ADB, UNICEF Partner to Help Baguio City Improve Sanitation Infrastructure and Services

ADB and UNICEF have started preparing a Sanitation and Hygiene Behavior Change Communication…

Indonesia’s Economy Holding Up Well in 2022; Faces Headwinds in 2023 — ADB

Indonesia’s economy is expected to grow by 5.4% in 2022 and by 5.0% in 2023, according to a…

Kyrgyz Republic Economy to Grow in 2022, 2023 Despite Risks — ADB

The Kyrgyz Republic’s economy is expected to grow 3.0% in 2022 and 3.5% in 2023 on the back of…

Pakistan Economy to Slow in 2023 Amid Strong Climate Headwinds — ADB

Pakistan’s economy is forecast to slow to 3.5% in FY2023 amid devastating floods, policy…