The 2025 growth projection is reduced from 4.9% to 4.7%, and for 2026 from 4.7% to 4.6%. Southeast Asia is particularly affected, with forecasts dropping to 4.2% for 2025 and 4.3% for 2026. Thailand forecast has been cut dramatically, while Malaysia and Singapore also see declines. 

Trump tariffs bite into Asia's growth as ADB flags economic chill

The Asian Development Bank said on Tuesday it had approved a $180 million loan to improve water supply and solid waste management services in two cities of Pakistan's Punjab province.

Asian Development Bank approves $180 million loan for Pakistan

The Covid-19 pandemic, coupled with a surge in the cost of living, have driven approximately 70 million more people in developing Asia into the grips of severe poverty last year, a recent Asian Development Bank (ADB) report has revealed.

Covid-19 pandemic, inflation pushed 68 million Asians into poverty in 2022: Asian Development Bank

The Asian Development Bank cut its economic growth forecast for developing Asia amid rising interest rates, a prolonged war in Ukraine and China's Covid Zero policy.

World Business Watch: Asian development bank cuts growth forecast for year 2022-23

As per the Asian Development Bank (ADB), the coronavirus pandemic increased Southeast Asia's poorest by 4.7 million in 2021, reversing gains made in combating poverty.

4.7 million Southeast Asians plunge into extreme poverty after the pandemic: Asian Development Bank

The Pacific island of Nauru is negotiating for the construction of an undersea communications cable that would connect to an Australian network, two sources with knowledge of the talks told Reuters, after the earlier rejection of a Chinese proposal.

Pacific island turns to Australia for undersea cable after spurning China

According to Pakistani media sources, two of Pakistan's main lenders, the World Bank and the Asian Development Bank (ADB), have withheld approval of another $1 billion (7,300 crore rupees) worth of loans due to a failure to fulfil certain conditions.

World Bank, Asian Development Bank delay $1 billion loans to Pakistan: Reports

The Asian Development Bank (ADB) on Monday released the first batch of data as part of a new regional knowledge platform to guide sustainable transport development in Asia and the Pacific.

ADB releases data to support more sustainable transport sector in Asia

The World Bank has approved a USD 300 million loan to help the cash-strapped Pakistan address issues of climate change, health emergency and manage solid waste to reduce flooding chances in the country's financial capital Karachi, a media report said on Thursday.

World Bank approves $300 milllion loan for cash-strapped Pakistan

According to a new report by the Asian Development Bank, due to the devastating and extended effects of COVID-19, the Asian economies are expected to end the year in negative territory for the first time since the 1960s.

Asian  Economies to contract first time in 60 years

Nepal may see 28.7 percent contraction in remittance in 2020, highest in the developing Asia amid a COVID-19 pandemic that has devastated economies, according to a report by the Asian Development Bank (ADB).

COVID-19: Nepal may see remittance contraction of 28.7% in 2020, says ADB

The Asian Development Outlook (ADO) 2020 released in April, ADB forecasts growth of 0.1 per cent for the region in 2020.

Asian Development Bank slashes growth forecast for Asia-Pacific economies

The Asian Development Bank (ADB) on Friday approved a $1 billion emergency loan for cash strapped Pakistan to provide support to the country`s public finances and help strengthen its slowing economy.

Asian Development Bank approves $1 billion emergency loan for Pakistan

Chairman of Turkmenistan-Afghanistan-Pakistan-India (TAPI) Pipeline Corporation Murad Amanov on Wednesday met Pakistan Foreign Minister Shah Mahmood Qureshi and apprised him about the progress in the Trans-Afghanistan project.

TAPI Chairman meets Pakistan Foreign Minister, apprises him of project progress

The Asian Development Bank (ADB) has approved a $2.7 billion lending programme which will provide $ 2.7 billion in approved financing to Pakistan during the outgoing calendar year.

Asian Development Bank approves lending $2.7 billion to Pakistan

Pakistan will get a loan of $3.4 billion from the Asian Development Bank for budgetary support, Prime Minister Imran Khan's adviser on finance has said as the cash-strapped country tries to overcome a ballooning balance-of-payments crisis that threatens to cripple its economy.

Cash-strapped Pakistan inks deal with Asian Development Bank, to get $3.4 billion 

Pakistan will receive $3.4 billion in budgetary support from the Asian Development Bank (ABD), the de facto finance minister said on Saturday, as the government seeks help to overcome a ballooning balance of payments crisis.

Pakistan says to get $3.4 billion in budgetary aid from Asian Development Bank

A railway reconnecting Cambodia and Thailand was officially inaugurated on Monday in a bid to slash travel times and boost trade between the southeast Asian neighbours.

Cambodia, Thailand reconnected by rail after 45 years

Developing Asia could grow more slowly than previously thought next year as the US-China trade war inflicts collateral damage on the region's export-reliant economies, the Asian Development Bank (ADB) said on Wednesday.

US-China trade war dims Asia's 2019 growth outlook: ADB

ADB said the growth will pick up as the new tax regime improves productivity and as banking reform and corporate deleveraging take hold to reverse a downtrend in investment.

Indian economy to grow at 7.3 per cent this fiscal, 7.6 per cent in 2019-20: Asian Development Bank

The Manila-based ADB said India will growth at a lower rate of 6.7 per cent in 2017 from previous estimate of 7.0 per cent

India's growth set to be higher than China in 2018: Asian Development Bank

The forecast was lowered due to weak investment, agricultural slowdown and the government's recent demonetisation

Asian Development Bank trims India 2016 growth forecast to 7%

More than a year after the earthquakes, reconstruction has been slow with unrest over a new constitution adding to the delays

Nepal quake survivors struggle with debt, raising trafficking fears

Fund will be used to strengthen embankments of 6 water channels in Vennar system and rehabilitate 13 pumping schemes at Cauvery basin

Asian Development Bank to sanction  $100 million loan for water projects in India's Tamil Nadu

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