When Australia’s Lowy Institute think tank released the 2025 edition of its Southeast Asia Aid Map in July last year, it projected that Western aid cuts would shift the region’s development finance toward Asian partners. Specifically, the report expected the center of gravity to “drift East, notably

New Delhi, Sep 23 (SocialNews.XYZ) Asian Development Bank (ADB) on Wednesday revised India’s GDP growth forecast for 2026 (FY27) to 7.0 per cent, up 40 basis points (bps) from its earlier projection of 6.6 per cent. For South Asia, the growth forecast for this year is revised up to 6.4 per cent from 6 per cent in July, “driven by strong public investment and firm export growth in India,” it said in a statement. However, economic growth in developing Asia and the Pacific will moderate from 5.5 per cent in 2025 to 5 per cent this year, before edging up to 5.1 per cent in 2027 (FY28), according to the report.

KUCHING (Sept 3): Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg will lead a Sarawak delegation to Manila, Philippines next week to discuss strategic issues concerning the future of Asean, incl...

Karachi Alerts News : Minister for Planning, Development and Irrigation Sindh Jam Khan Shoro chairs important meeting with Asian Development Bank officials

The Asian Development Bank (ADB) has approved an $800 million loan package for Pakistan, disregarding India's strong objections related to terror financing, potential fund misuse, and FATF non-complia...

Explore 107 hiring and recruitment statistics, data, and trends shaping the Laos job market in 2026, including employment growth and talent demand.

The Adian Development Bank (ABD) announced that it has approved a loan of $850 million to the Government of India to help speed up the roll out of its [...]

ADB projects India GDP growth at 6.9 percent this year and 7.3 percent next year, Moody's highlights India as highly resilient with anchored inflation and clear monetary policy

Promoting connectivity, cooperation and Middle Corridor.

China retreats from Pakistan’s $6.7bn ML-1 rail project as ADB steps in, reshaping CPEC financing and signalling a shift in regional investment strategy

LABUAN, May 22 (Bernama) — The Asian Development Bank (ADB) held a strategic engagement session with the Labuan Chamber of Commerce (LCC) to explore Labuan’s potential as a regional platform capable of supporting economic growth and connectivity across Asian countries. The ADB delegation was led by director-general of ADB’s Southeast Asia Department Nianshan Zhang, accompanied by Said Zaidansyah, advisor at the Office of the Director General, Southeast Asia Department, and Gary P. Krishan, senior country specialist with the Regional Cooperation and Integration Unit, Southeast Asia Department. Representing the chamber were LCC chairman Daniel Doughty, deputy chairman Tan Soon Kiat and […]

MANILA, Nov. 25 (Xinhua) — The Asian Development Bank (ADB) has said that recent changes to its energy policy will allow the institution to support nuclear power projects for the first time, subject to strict safeguards and international oversight. In a statement on Monday, the Manila-based lender said the updated changes “pave the way” for the ADB to support nuclear power, including financing nuclear energy in developing member countries that opt to include it in their energy mix. Any support, however, would undergo “rigorous assessments and the highest standards of safety, security, and environmental and social safeguards.” The bank will […]

MANILA, Oct 15 (NNN-PNA) – The Asian Development Bank (ADB) said today that, it has approved a 4-million-U.S.-dollar grant, to improve road transport connectivity and boost resilience in Ermera, a remote and underserved region of Timor-Leste. The grant provided through the Asian Development Fund, will enhance a critical 11-kilometre road corridor, connecting rural communities to […] The post ADB Approves Four Million USD Grant To Improve Road In Timor-Leste first appeared on AsiaNewsToday.

The signing of over $800 million in ADB loan agreements marks another milestone in India’s pursuit of sustainable and inclusive growth

India and ADB sign a $125M loan pact to upgrade urban services in Assam, boosting water supply, flood management, and climate

Since the Iran war outbreak East Asian financial markets have been particularly whacked, with Korea summoning its stabilization fund after a 2-day 20% stock setback, as their outsize reliance on Midea...