The Asian Development Bank raised South Korea's 2026 growth forecast to 1.9% from 1.7%, citing semiconductor industry strength and expanded government spending in strategic sectors, though downside risks from Middle East conflicts and trade tensions remain.
#YonhapInfomax #AsianDevelopmentBank #SouthKoreaGrowthForecast #SemiconductorIndustry #GovernmentSpending #MiddleEastConflicts #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=114741

Asian Development Bank to Invest $5.5 Billion in 15 Projects in Kazakhstan by 2029

https://fed.brid.gy/r/https://timesca.com/asian-development-bank-to-invest-5-5-billion-in-15-projects-in-kazakhstan-by-2029/

ADB Supports Turkmenistan’s Power Grid Modernization with $500 Million Project

https://fed.brid.gy/r/https://timesca.com/adb-supports-turkmenistans-power-grid-modernization-with-500-million-project/

Japan needs fiscal transparency more than ever

Oversized supplementary budgets, symbolic tax measures and broad transfers cannot substitute for clarity and coherence.

The Japan Times
The Asian Development Bank has raised South Korea's 2024 and 2025 GDP growth forecasts to 0.9% and 1.7%, respectively, citing government stimulus and easing trade uncertainty, while also lifting inflation projections to 2.1% for both years amid rising food prices and a weaker won.
#YonhapInfomax #AsianDevelopmentBank #SouthKoreaGDP #GrowthForecast #Inflation #SemiconductorDemand #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=94739
ADB Raises South Korea's Growth Forecast to 0.9% for 2024, 1.7% for 2025—Up 0.1 Percentage Points Each

The Asian Development Bank has raised South Korea's 2024 and 2025 GDP growth forecasts to 0.9% and 1.7%, respectively, citing government stimulus and easing trade uncertainty, while also lifting inflation projections to 2.1% for both years amid rising food prices and a weaker won.

Yonhap Infomax