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MANILA, PHILIPPINES – The Asian Development Bank (ADB) slightly lowered its 2011 growth forecast for the Philippines amidst subdued government spending and exports, but said increased public and private investment should see a pickup in economic activity next year.

HONG KONG, CHINA – The Asian Development Bank (ADB) has reduced its 2011 and 2012 fiscal year (FY) growth forecasts for India amid weaker industrial activity and investment, with persistent inflation pressures remaining a thorn in the side for policymakers.

HONG KONG, CHINA – The Asian Development Bank (ADB) sees strong investment and consumption driving 2011 gross domestic product (GDP) growth in the People’s Republic of China (PRC). But weakness in advanced countries and the government’s efforts to cool inflation are slowing the expansion.

HONG KONG, CHINA – Developing Asia’s demographic landscape will change dramatically in coming decades and policymakers will need to manage the process carefully to ensure future growth as populations age, says a new Asian Development Bank (ADB) report.

HONG KONG, CHINA – The Asian Development Bank (ADB) has cut its 2011 and 2012 growth forecasts for developing Asia amid ongoing worries about weak external demand from its key trading partners.

New York: A new United Nations report calls for an independent probe into alleged human rights abuses committed in Yemen since the start of protests earlier this year, as well as immediate action to protect civilians and address the “deteriorating” humanitarian situation in the country.

New York: The transitional committee tasked with designing a new fund to mobilize resources to help developing countries mitigate the impact of global warming under the United Nations climate change convention today reported “solid progress” after a three-day meeting in Geneva.

New York: Global malaria deaths have dropped by about 38 per cent over the past decade, saving the lives of more than one million people, mostly children, through the efforts of a United Nations-led global partnership that put emphasis on prevention and treatment, particularly the use of insecticide-treated nets, according to a report unveiled today.

New York: The United Nations World Food Programme (WFP) is formally re-starting operations in Tunisia for the first time in 13 years and will immediately begin a cash-for-work project aimed at assisting the North African country’s neediest people.

New York: A new report by the United Nations Children’s Fund (UNICEF) highlights significant gaps in areas such as education and health, mostly favouring males, as boys and girls in developing countries grow older.