THE Asian Development Bank (ADB) reassesses its economic growth projections for the Philippines as the country faces mounting domestic and global uncertainties. “We are revisiting the number because of this new Middle East conflict, which will certainly affect our growth forecast,” ADB lead economist for Southeast Asia James Villafuerte told reporters on Thursday. “We are also tracking the progress in terms of the corruption scandal, which has affected confidence in investment flows. So, it’s quite kind of difficult to really call out the number,” he added. The Manila-based lender last year lowered its growth forecast for the Philippines to 5.3 percent this year from 5.7 percent.   https://www.manilatimes.net/2026/03/16/business/top-business/adb-to-revisit-ph-growth-forecast/2300280 (ICE SINGAPORE)

Fonte notizia: The Manila Times, 16 March 2026