Asian Development Bank

18 posts
ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
iStock-1020341404.jpg

Food insecurity is threatening decades of development progress in Asia and the Pacific

The Russian invasion of Ukraine has disrupted supplies of food staples and fertilizer, straining a global food system already weakened by climate change impacts, pandemic-related supply shocks, and unsustainable farming practices.
adb front

ADB Lowers Growth Forecast for Developing Asia Amid worsening global conditions

The region’s economy will grow 4.2% this year and 4.6% next year, ADB said in a regular supplement to the Asian Development Outlook (ADO) 2022
forex 001

Bond Yields Rise in Emerging East Asia Amid Monetary Tightening

Global inflation, slower growth in the People’s Republic of China (PRC), and economic fallout from the Russian invasion of Ukraine continued to threaten the region’s short-term prospects.
Asian Development Bank (ADB)

Tourism Boosts Pacific Economic Outlook, but Climate change, Rising Prices Pose Risks

After an average economic contraction of 0.6% in 2021, ADB’s Pacific Economic Monitor (PEM), released today, says the Pacific is expected to grow by 4.7% this year and 5.4% next year.
streetvendors

How COVID-19 Pushed 4.7 million More People in Southeast Asia into Extreme Poverty

Two years after the pandemic began, the report says growth prospects are brighter for economies with widespread technology adoption, resilient merchandise exports, or rich natural resources
Bangkok downtown street vendor

Covid Left Millions in Asia Struggling for Food

The pandemic hit Asia’s food supply hard, causing a sharp increase in the number of people unable to access enough food to stay healthy and feed their families. Women, children and the poor have suffered most.
2a9402d9 tat marks thais new sydney phuket flight with special marketing initiatives

Reviving the Economy and Resuming Travel and Tourism in the COVID-19 Era

The coronavirus disease (COVID-19) pandemic triggered an unprecedented collapse of the travel and tourism industry and the recovery is now expected to be slower than first thought. The Asia and Pacific region, alone, was expected to lose almost 70 million jobs and $1.1 trillion in GDP—more than any other region in the world.
bangkokflooded

Thailand cited as one of the ten most flood-affected countries in the world

Floods are by far the greatest natural hazard facing Thailand in terms of economic and human impacts. Thailand is cited as one of the ten most flood-affected countries in the world. Drought and cyclone impacts also represent major hazards. All may intensify in future climate scenarios.