Showing 1 - 10 of 14
Virus resurgence hits Asia recovery
Oped, Published on 22/10/2021
» In its recent Regional Economic Outlook (REO), the IMF notes that the pandemic has taken a turn for the worse in Asia since the spring, along with the region's growth outlook. The growth projection for the Asia and Pacific region is downgraded by more than 1% to 6.5% compared to the April 2021 forecasts -- more than for any other region. The downgrade is mostly due to the fast spread of the Delta variant amid initially low vaccination rates, which has tragically led to further devastating loss of lives, especially in the densely populated South and Southeast Asia. Although demand for Asian manufacturing and exports from Europe and the US has supported recoveries, real GDP outcomes in the first half of 2021 have disappointed.
IMF warns trade friction to hurt Asian growth
Reuters, Published on 12/10/2018
» NUSA DUA, Indonesia: Sustained trade tensions could slash Asia's economic growth by up to 0.9 percentage points in coming years, the International Monetary Fund said, urging policymakers in the region to liberalise markets to offset the fall in export sales.
Sustaining growth in a fast-ageing Asia
News, Published on 27/05/2017
» Asia has been the world champion of economic growth for decades, and this year will be no exception. According to the latest International Monetary Fund Regional Economic Outlook (REO), the Asia-Pacific region's GDP is projected to increase by 5.5% in 2017 and 5.4% in 2018.
Look beyond the giants
Asia focus, Published on 16/12/2013
» Asean could play a vital role in rebalancing the Asian economy in order to help reduce the region’s reliance on the economic influence of China and India, according to the Asian Development Bank (ADB).
Thai unrest, typhoon hammer growth
dpa, Published on 11/12/2013
» MANILA - The Asian Development Bank (ADB) on Wednesday lowered its growth forecast for Southeast Asia amid the political turmoil in Thailand and the devastation from Typhoon Haiyan in the Philippines.
China's Xi says economy on a smooth, controlled slowdown
AFP, Published on 07/10/2013
» China's economy is on a smooth and controlled slowdown, President Xi Jinping said on Monday, emphasising there was no reason to fear a hard landing.
ADB trims Asia growth forecasts
AFP, Published on 16/07/2013
» China's slowing economic growth is weakening momentum throughout the rest of Asia, the Asian Development Bank said on Tuesday as it revised down its forecasts for the region.
ADB cuts growth estimates for Asia
Published on 07/12/2012
» MANILA - The Asian Development Bank (ADB) on Friday trimmed the region's growth forecasts for 2012 and 2013 amid "uncertainty" in Europe and the United States, and a poor Indian economy.
Asian economies advised to increase productivity
News, Parista Yuthamanop, Published on 04/10/2012
» The Asian Development Bank (ADB) has warned Asian economies to adapt to prolonged moderate global growth by improving their domestic economies and raising productivity.
China, Japan 'too important' for row: IMF chief
AFP, Published on 03/10/2012
» The shaky global economy needs Japan and China to be fully engaged, the head of the IMF said, warning the world could not afford to have the two countries distracted by their bitter territorial dispute.