October 17, 2026
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Tag : Asian Development Bank

Business

Asia-Pacific growth outlook lifted to 5% for 2026

omandailynews.com
Economic growth across developing Asia and the Pacific will moderate to 5.0% in 2026 from 5.5% in 2025. The Asian Development Bank raised its 2026 forecast by 0.1 percentage point from its July estimate. Growth should edge up to 5.1%...
Business

ADB cuts Asia Pacific 2026 growth forecast to 4.9%

omandailynews.com
The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The bank cited prolonged global energy disruption and softer demand in parts of the region. The projection stands below the 5.1% estimate issued...
Business

ADB commits $30 billion for ASEAN by 2030

omandailynews.com
CEBU: The Asian Development Bank said Friday it will mobilize $30 billion by 2030 to help the Association of Southeast Asian Nations advance long-term development priorities and strengthen resilience to external shocks, giving the 10-member bloc a multiyear financing pipeline centered on...
Business

ADB commits $30 billion for ASEAN by 2030

omandailynews.com
CEBU: The Asian Development Bank said Friday it will mobilize $30 billion by 2030 to help the Association of Southeast Asian Nations advance long-term development priorities and strengthen resilience to external shocks, giving the 10-member bloc a multiyear financing pipeline centered on...
Business

ADB unveils fund to speed ASEAN power grid plans

omandailynews.com
MANILA: The Asian Development Bank has launched a new multi-partner trust fund with about $25 million in initial backing to accelerate preparation of cross-border energy and transmission projects in Southeast Asia. The new vehicle, called the Regional Connectivity Fund for Energy...
News

Thailand’s green economy boosted by OFID-ADB collaboration

omandailynews.com
The OPEC Fund for International Development (OFID) and the Asian Development Bank (ADB) have pledged to jointly bolster Thailand's pursuit of sustainable growth. The collaborative effort hinges on a co-financing agreement aimed at underpinning the country's evolving economic model designed...