Asian Development Bank

The bank forecasts the region’s economy will expand 4.9% in 2026, up from the 4.7% estimate in a special update earlier

Fiscal strains are mounting across the region, particularly South Asia

The development bank intends to finance at least half the cost of the initiatives itself

The development bank cuts its regional GDP growth forecast for 2026 to 4.7% from 5.1% previously

The energy shock is unlikely to crush longer-term growth ambitions, say economists

[MANILA] The Asian Development Bank said on Tuesday (Apr 7) that it has launched South-east Asia’s first multi-partner fund to accelerate the development of an Asean-wide cross-border power grid and strengthen regional energy security.

A prolonged crisis could spill into other sectors such as air travel and cargo shipping

Digitalisation is a key focus for the bloc, but more consensus is needed, say economists

The country grapples with a massive corruption scandal with billions of pesos allegedly syphoned off substandard or “ghost” infrastructure