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‘Malnutrition costs 2.4% of annual Lao GDP’

High levels of childhood malnutrition present a staggering, yet avoidable, loss of human and economic potential for Laos, according to the World Bank. Nationally, stunting affects over one third of all Lao children under the age of five, the Bank said in a brief on its website titled “Multi-Sector Convergence Approach to Reducing Malnutrition in […]

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Thailand: ADB lowers outlook for GDP growth

Thailand’s GDP is set to grow by less than 4% this year and next after the first-quarter growth downturn and the sharp export slowdown provided a backdrop of subdued momentum going forward, says the Asian Development Bank (ADB). “The growth forecast for 2019 is downgraded to 3.5% to reflect the lower growth outcome in the […]

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ADB trims Philippines growth forecast to 6.2%

MANILA, Philippines — The Asian Development Bank (ADB) has trimmed anew its growth forecast for the Philippines this year due to the dismal economic output in the first quarter. In a supplement to its Asian Development Outlook for this year, the Manila-based multilateral bank lowered its economic growth forecast for the Philippines to 6.2 percent […]

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