ADB

  • Economy

    Post-Omicron, Asian economies accelerate into recovery mode

    Across most of South East and Eastern Asia, Covid is now on a sharp retreat, some 2 – 3 months after similar surges and drops in the US, UK and Europe. Except for 3 countries, Japan, China and Thailand, where the daily numbers, fuelled by Omicron variants, are still climbing. These same 3 countries have been among the most risk-averse…

  • Economy

    Asia predicted to barrel along in 2022 with 5.2 percent growth

    Growth in Asia is expected to keep largely on track this year, whilst coping with a few dips because of current events, until at least next year. The prediction comes as most countries in the region ease into their post-pandemic economic strategies, despite fallout coming from the war in Ukraine following Russia’s invasion, and world inflation. This assessment from the…

  • Press Room

    ADB reports Southeast Asian countries well-positioned to bounce back from COVID-19

    Press Release The coronavirus disease (COVID-19) pandemic pushed 4.7 million people in Southeast Asia into extreme poverty in 2021, as 9.3 million jobs disappeared, compared with a baseline no-COVID scenario, according to a new Asian Development Bank (ADB) report presented at the Southeast Asia Development Symposium (SEADS). The Omicron wave could cut the region’s economic growth by as much as…

  • Thailand

    SEADS 2022: New ADB study on ‘Southeast Asia rising from the pandemic’

    Press Release KEY TAKEAWAYS SEADS 2022 will be headlined by experts in government, development, and the private sector to discuss novel approaches that can help countries build back better from the pandemic. #SEADS2022 will focus on actionable solutions supporting three lynchpins of the region’s recovery: addressing debilitating supply chain bottlenecks; rejuvenating the region’s once-flourishing tourism industry, and advancing digital transformation.…

  • Sponsored

    SEADS provides sustainable solutions for Southeast Asia’s recovery

    Press Release The Asian Development Bank (ADB) is hosting the Southeast Asia Development Symposium (SEADS) 2022—Sustainable Solutions for Southeast Asia’s Recovery on the 16th and 17th of March. Here’s everything you need to know about the upcoming SEADS 2022 event. What is SEADS? The Southeast Asia Development Symposium (SEADS) is an annual flagship knowledge event organized by the Asian Development…

  • Weather

    ASEAN launches $1 billion investment for green projects

    South East Asian governments, the Asian Development Bank and major development financiers have launched a new US$1 billion (32 billion baht) initiative to spur green infrastructure investments across the region. The launch ceremony was witnessed by Thailand’s Minister of Finance Apisak Tantivorawong and ADB President Takehiko Nakao. Senior officials from ASEAN and private sector partners also joined the ceremony. ADB…