ADB raises 2024 economic growth forecast for developing Asia, the Pacific


JAKARTA: The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.

The projection is driven by robust domestic demand and strengthening export growth.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
ADB , economic , growth , forecast , Asia , Southeast Asia

Next In Business News

Trading ideas: Binastra, Capital A, Allianz, MN, Vestland, Genting Plantations, YTL Cement, Pimpinan Ehsan, TH Plantations, Marine & General, FGV, SumiSaujana
Energy transition to propel Sarawak’s future
New tech leaves other sectors behind
Indonesia’s domestic investors dominate as FDI falters for 2025
Construction companies poised to�sustain growth
US Federal Reserve vice-chair says interest rates are well positioned
If I were an ageing oil palm tree
Hurdles in DBS’ Alliance Bank bid
Germany proposes giving EV buyers subsidies to boost demand
Metals keep shining bright

Others Also Read