Tag: Asian Development Bank
ADB keeps 2023 growth outlook at 4.8% for APAC developing economies
Asian Development Bank is maintaining its growth outlook for developing economies in Asia and the Pacific at 4.8% this year on robust domestic...
Vietnam’s economic growth at 6.5% this year, says OECD
Two OECD surveys conducted with the Asian Development Bank show Vietnam’s economy growing 6.5% in 2023 and 6.6% next year
Vietnam’s top priorities...
China makes good start with Q1 GDP up 4.5%
China’s GDP grew 4.5% in the first quarter to 28.5 trillion yuan (US$4.1 trillion), beating the government’s own target of 4% for the...
ADB downgrades growth forecast for developing Asia to 4.3% in 2022
Asian Development Bank downgrades growth forecast for developing Asia and the Pacific to 4.3% in 2022 from the previous 5.2% forecast, according...
Developing Asia’s recovery continues but new outbreaks mute Q3 growth: ADB...
Activity in the region has picked up with the decline in COVID-19 cases but rising global cases and the emergence of a...
ADB downgrades developing Asia 2021 growth outlook
Developing Asia’s growth forecast for this year has been trimmed to 7.1%, down from the earlier projection of 7.3%Growth forecasts are revised...
Better trade facilitation could cut trade costs in Asia by 9%...
Improving trade facilitation by simplifying, modernizing, and harmonizing export and import processes can reduce trade costs by up to 9% in Asia-Pacific, according to...
ADB to help Nepal improve customs reform, modernize trade facilitation
The Asian Development Bank's (ADB) Board of Directors has approved a $21 million policy-based loan to support the Government of Nepal’s efforts to simplify,...
Slightly higher growth for Thailand seen this year
The Asian Development Bank (ADB) forecasts a slightly higher economic growth for Thailand this year and next, noting that the Asian regional market remains...
Asia’s growth still not independent of the West, says analyst
Strengthening integration and intraregional trade in Asia may cushion the impact of external demand shocks, but it does not make the region less vulnerable...
