ADB

ADB raises Taiwan’s 2026 growth forecast to 11% on AI export surge

The Asian Development Bank on Wednesday raised its 2026 GDP growth forecast for Taiwan to 11 percent, the highest in developing Asia, as a surge in artificial intelligence-related exports powered the island's economy to its fastest first-half expansion in half…

ADB warns Asia faces sustained inflation through 2027

The Asian Development Bank on Wednesday warned that wars in Europe and the Middle East, combined with a severe El Niño weather pattern, are amplifying price pressures across Asia and will likely keep inflation elevated through 2027, forcing central banks…

ADB cuts developing Asia growth forecast as energy costs bite

The Asian Development Bank on Tuesday lowered its 2026 growth forecast for developing Asia and the Pacific to 4.9%, down from the 5.1% it projected in April, as lingering disruptions from the Middle East conflict and elevated energy prices continue…