Pakistan faces severe energy crisis: ADB report

Dec 25, 2022

Major issues with Pakistan's energy sector were highlighted by the Asian Development Bank (ADB) in its Central Asia Regional Economic Cooperation (CAREC) ENERGY OUTLOOK...

ADB lowers growth forecast for developing Asia

Dec 15, 2022

Headwinds that are continuing to hamper recovery in developing Asia include recurrent lockdowns in China, the Russian invasion of Ukraine, and slowing global growth,...

ADB maintains 2023 growth forecast for Asia Pacific at 4.8 pc

Jul 20, 2023

The Asian Development Bank (ADB) in its latest forecast has maintained the growth outlook for developing economies in Asia and the Pacific at 4.8...

Green and social finance central to Asia Pacific's sustainable recovery

May 01, 2021

Manila [The Philippines], May 1 : Green and social finance must be nurtured to ensure that Asia and the Pacific's recovery from coronavirus disease...

Financial majors slash China's GDP outlook

Aug 22, 2022

Beijing [China], August 22 : Two of the world's biggest investment banks Goldman Sachs and Nomura have cut China's economic growth forecast, media reports...

ADB commits USD 50 million to accelerate energy transition in Asia-Pacific region

Jun 19, 2024

In order to address development challenges resulting from the effects of climate change in Asia and the Pacific, the Asian Development Bank (ADB) has...