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Developing Asia's economy growth forecast to 7.3%: ADB report

The Asian Development Bank (ADB) on Wednesday projected a growth of 7.3 percent on gross domestic product (GDP) for developing Asia this year, according to the Asian Development Outlook (ADO) 2021.

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Asia emerges from COVID-19 with further integration and upgrade

More than a year into the COVID-19 pandemic, encouraging news out of Asia are raising hopes for a faster global recovery.Last year, the region's GDP growth was down 1.7 percent, in line with the p

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China's economy to grow 7.7% in 2021, developing Asia outlook improves

China's economy is tipped to grow by 2.1 percent in 2020, more than the 1.8 percent forecast in September, before bouncing back to 7.7 percent in 2021, unchanged from the September Update, according

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'Developing Asia' to shrink for first time in nearly six decades: ADB

VCG The coronavirus will cause economies across "developing Asia" to shrink for the first time in nearly six decades this year, with China expected to grow by 1.8 percent, the Asian Developmen

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COVID-19 economic impact could reach 8.8 trillion U.S. dollars globally: ADB report

Residents wearing face masks hold their plates and bowls as they line up for free meals provided by the Armed Forces of the Philippines (AFP) mobile kitchen and volunte

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Innovation can unlock faster growth, development of Asia and Pacific: ADB report

Fostering greater innovation would bring faster and more inclusive economic growth in Asia and the Pacific, according to the theme chapter of the Asian Development Out