Tag : Manila

Business

ADB cuts Asia Pacific 2026 growth forecast to 4.9%

omandailynews.com
MANILA, PHILIPPINES / MENA Newswire / – 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 in April. It......
Featured News

At least 12 dead after Tropical Storm Basyang in Philippines

omandailynews.com
MANILA: At least 12 people have died and 36 others were injured in the Philippines in the aftermath of Tropical Storm Basyang, as emergency officials continued to validate casualty reports and assess damage from flooding and landslides that hit parts of Mindanao and the central Philippines. The storm, known internationally as Penha, has......