Tag : adb

Business

ADB unveils fund to speed ASEAN power grid plans

manamalive.com
MANILA: The Asian Development Bank has launched a new multi-partner trust fund with about $25 million in initial backing to accelerate preparation of cross-border energy and transmission projects in Southeast Asia. The new vehicle, called the...
ADB lowers South Korea’s 2025 growth forecast to 2 percent
Business

ADB lowers South Korea’s 2025 growth forecast to 2 percent

manamalive.com
The ADB lowered South Korea's 2025 growth forecast to 2%, citing a semiconductor slump despite rate cuts and policies. The projection aligns with IMF and OECD estimates....