Asian Development Bank
ADB approves US$400 million loan to make it easier to do business in the Philippines
The country grapples with a massive corruption scandal with billions of pesos allegedly syphoned off substandard or “ghost” infrastructure
ADB slashes 2026 growth outlook for Thailand, Singapore by nearly half
Vietnam bucks the bank’s regional downgrades with a slight lift for 2025
US tariffs, trade tensions to slow growth in developing Asia and Pacific: ADB
The region is forecast to grow by 4.7 per cent in 2025, down from an earlier projection of 4.9 per cent in April
Asian finance chiefs call for regional unity amid tariff talks
As officials negotiate how they can avoid or at least lessen so-called “reciprocal tariffs”, the US president says some trade deals could come as soon as this week
US tariffs to significantly impact economies in Asia: ADB
Even as China has retaliated against the US tariffs, the multilateral institution does not expect other countries to undertake such measures as that will exacerbate the negative impact
ADB trims developing Asia’s growth forecast, flags US policy risks
DEVELOPING Asia is likely to grow more slowly than previously thought this year and next, and the outlook could worsen if president-elect Donald Trump makes swift changes to US trade policy, the Asian...
Japan’s former top currency diplomat Kanda chosen to become next ADB chief
JAPAN’S former top currency diplomat Masato Kanda, known for his heavy-handed intervention to combat sharp yen falls that earned him the nickname “Mr Yen”, was chosen to become next president of the A...
ADB approves US$500 million loan for Philippines’ climate change efforts
THE Asian Development Bank (ADB) has approved a US$500 million loan to support the Philippines’ efforts to tackle climate change, it said on Tuesday (Nov 26).
ADB increases climate finance after US, Japan give world’s first sovereign guarantees
THE Asian Development Bank (ADB) will increase its climate-related lending by up to US$7.2 billion after the United States and Japan agreed to underwrite risk for some existing loans, an ADB executive...
ADB says AI investments to drive developing Asia growth
SURGING global investments in artificial intelligence and easing inflation give developing Asia a launch pad for sustained economic growth in 2024 and 2025, the Asian Development Bank said Wednesday.
