Tag : Southeast Asia

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%...
Travel

Air Arabia boosts Sharjah Bangkok routes to 28 weekly flights

omandailynews.com
Low-cost carrier operator Air Arabia announced a strategic expansion of its Southeast Asian operations on Friday, increasing flight frequencies between the United Arab Emirates and Thailand. Starting October 25, 2026, the airline will introduce a fourth daily non-stop service connecting...
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...
Travel

flydubai adds daily Dubai Bangkok flights from July

omandailynews.com
DUBAI: flydubai said on Monday it will begin daily flights between Dubai and Bangkok on July 1, adding the Thai capital to its current network and expanding its presence in Thailand to two destinations alongside Krabi. The service will operate from Terminal...
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

Indonesia counts 50 dead after West Bandung landslide buries homes

omandailynews.com
MENA Newswire, JAKARTA: The death toll from a landslide in Indonesia’s West Java province has risen to 50, police said Wednesday, as rescuers continued searching for dozens of missing people in steep terrain hit by days of heavy rain. The landslide struck before dawn...