by Teuvo Tuomi | May 5, 2024 | Asia, ASEAN, Health, News, Reports, Society, Southeast Asia
The Asian Development Bank (ADB) says that the developing nations of Asia and the Pacific are ill-equipped to meet the needs of their rapidly aging populations. The region’s growing elderly demographic faces numerous challenges, including low pension coverage,...
by Teuvo Tuomi | Apr 17, 2024 | ASEAN, Asia, Economy, News, Southeast Asia, Visions
According to the new Asian Development Outlook (ADO) by the Asian Development Bank (ADB), developing economies in Asia and the Pacific are forecast to expand by 4.9% on average this year as the region continues its growth amid robust domestic demand, improving...
by Teuvo Tuomi | Apr 15, 2024 | Laos, Economy, News
Laos is expected to see moderate economic growth this year and the next, largely driven by external demand fueled by tourism and trade, according to the latest Asian Development Bank (ADB) report. ADB predicts that Laos’ gross domestic product (GDP) will rise by 4% in...