Asian Development Bank (ADB)

Artificial Intelligence

AVPN announces US$15 mil AI Opportunity Fund to train APAC workers, with, ADB support

Chosen firms will receive financial support and tailored AI training based on courses designed by Google and its partners.
Growth in developing Asia expected to slow to 7.05 in 2021: ADB - THE EDGE SINGAPORE


Growth in developing Asia expected to slow to 7.0% in 2021: ADB

ADB has revised its 2021 growth forecast for Singapore to 6.9%, from 6.5% previously.

Emerging Markets

Developing Asia's economy to shrink for first time since 1962, says ADB Chief Economist

The region’s gross domestic product will decline by 0.7% in 2020, down from June’s projection of an increase of 0.1%.

Global Economy

Beyond the haircut, economists ponder steps to recovery

“No one can say how widely the Covid-19 pandemic may spread, and containment may take longer than currently projected,” said ADB’s chief economist Yasyuki Saswada

Singapore economy

Singapore goes all in with private sector in infrastructure push

SINGAPORE (Aug 20): Singapore has been moving forward on its aim to be the lead broker of infrastructure projects in Southeast Asia, and is intent on getting the private sector more involved.

Singapore economy

Singapore poised to connect global investors to the region amid Asian growth, says MAS MD Ravi Menon

SINGAPORE (June 5): Singapore stands poised to connect global investors to the region, as Asia’s dynamism and growth look set to be the defining investment theme over the next decade, says Ravi Menon, managing director of the Monetary Authority of Singa

Olam secures US$163 mil worth of medium-term loans

SINGAPORE (Mar 28): Olam International says it has secured a total of US$163 million ($213.4 million) in loans from Asian Development Bank (ADB) and Japan International Cooperation Agency (JICA).
Fullerton Healthcare Corporation

Fullerton Health launches $100 mil bond offering with ‘AA’ S&P rating

SINGAPORE (June 30): Fullerton Healthcare Corporation announced Thursday that it has launched its $100 million bond offering, which has been assigned a “AA” rating by S&P.