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Tag : Asian Development Bank

Developing Asia-Pacific economy set to grow 5% in 2026
Business

Developing Asia-Pacific economy set to grow 5% in 2026

egyptezine.com
Economic growth across developing Asia and the Pacific is forecast to slow to 5.0% in 2026. The region expanded 5.5% in 2025, according to the Asian Development Bank’s latest outlook. The new 2026 estimate stands...
ADB cuts Asia Pacific 2026 growth forecast to 4.9%
Business

ADB cuts Asia Pacific 2026 growth forecast to 4.9%

egyptezine.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

egyptezine.com
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
Business

ADB unveils fund to speed ASEAN power grid plans

egyptezine.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
News

Thailand’s green economy boosted by OFID-ADB collaboration

egyptezine.com
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...