The increased cost-of-living crisis sparked by surging inflation last year, combined with the lingering effects of the COVID-19 pandemic, is continuing to push people in Asia and the Pacific into extreme poverty, according to a new report by the Asian Development Bank (ADB).
The Asian Development Bank (ADB) in its latest forecast has maintained the growth outlook for developing economies in Asia and the Pacific at 4.8 per cent for 2023, and noted robust domestic demand continues to support the region’s recovery.
"Athita Komindr, Head @UNCITRAL_RCAP called on Special Secretary(ER), Prabhat Kumar. A broad range of issues pertaining to various Working Groups of UNCITRAL, including Investor-State Dispute Settlement reforms, Arbitration, E-Commerce were discussed," Ministry of External Affairs Spokespers
Economic growth in developing economies in Asia and the Pacific in 2023 is going to be faster as the continued easing of pandemic restrictions boosts consumption, tourism, and investment, according to Asian Development Bank (ADB).
Growth in developing East Asia and the Pacific is forecast to accelerate in 2023 as China's economy reopens, while the pace of growth in most of the economies in the rest of the region is anticipated to ease after a strong rebound last year, a World Bank report said.
Bhopal (Madhya Pradesh) [India], November 18 (ANI/NewsVoir): The Board of The Association of Universities of Asia and The Pacific in its 15th General Conference at Dhaka today announced the elevation of Hari Mohan Gupta, Chancellor Jagran Lakecity University to the position of 1st Vice Presi
Beijing [China], September 29 (ANI): The World Bank on Tuesday slashed China's 2022 economic growth projection to 2.8 per cent, pointing to Beijing's "zero-COVID" policy and housing market crisis.
Manila [Philippines], September 28 (ANI): The Asian Development Bank (ADB) has announced it plans to provide at least USD 14 billion over 2022-2025 as support to ease a "worsening food crisis" in Asia and the Pacific.
Dushanbe [Tajikistan], April 1 (ANI): Indian Ambassador to Tajikistan, Viraj Singh called on Jonon S Sherali, newly-appointed head of the Department of Asia and the Pacific States in the Ministry of Foreign Affairs of Tajikistan on Friday.
Bhopal (Madhya Pradesh) [India], February 2 (ANI/NewsVoir): Benchmarking has become a mainstay in the process of continuous improvement in higher education.
Washington [US], November 5 (ANI/Sputnik): US Assistant Secretary of State for East Asia and the Pacific Daniel Kritenbrink will visit Japan and South Korea from November 7-12, the Department of State said.
Brussels [Belgium], September 2 (ANI): The European Union is in no hurry to recognise the Taliban nor to establishing official relations with the group, said Gunnar Wiegand, the European Commission's managing director for Asia and the Pacific on Wednesday.