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ADB urges Asia Pacific to speed reforms as crises collide across borders

ADB urges Asia Pacific to speed reforms as crises collide across borders

The Asian Development Bank is pushing Asia Pacific governments to accelerate structural reforms, warning that conflict, trade fragmentation, and climate risks are stacking together. It says deeper regional cooperation is essential, while boosting financing for big cross-border projects including a Pan-Asia Power Grid and a Digital Highway. Uzbekistan’s president also called for a Digital Customs Alliance and AI scaling.

Summarised by Beize from a story on The Economic Times on 4 May 2026
ADB plans 70 billion push to connect Asia Pacific power and internet by 2035

ADB plans 70 billion push to connect Asia Pacific power and internet by 2035

The Asian Development Bank says it will finance about $70 billion in energy and digital infrastructure across Asia Pacific by 2035. Through its power grid initiative, it plans to mobilize $50 billion to link cross-border electricity networks, back renewable energy integration, and expand transmission capacity—aiming to raise reliability while widening access to electricity and internet connectivity.

Summarised by Beize from a story on The Economic Times on 3 May 2026

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ADB cuts Asia Pacific growth forecast to 4.7 as West Asia disruptions bite deeper

ADB cuts Asia Pacific growth forecast to 4.7 as West Asia disruptions bite deeper

The Asian Development Bank has reduced its 2026 growth outlook for Asia and the Pacific to 4.7%, citing prolonged disruptions in West Asia. Rising energy prices are pushing inflation higher while financial conditions tighten. The ADB warns these shocks may cause long-lasting damage to global energy and trade networks, even as it promises support and close risk monitoring.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026
Asia Pacific braces for worsening fuel shock as Middle East tensions disrupt supplies

Asia Pacific braces for worsening fuel shock as Middle East tensions disrupt supplies

Asia-Pacific governments are tightening fuel subsidies and imposing restrictions as Middle East conflict strains energy supplies longer than expected. To cushion the blow, countries are diversifying energy sources and drawing down reserves, but officials warn the situation could deteriorate. If disruptions persist, the region faces risks to economic stability and even food security.

Summarised by Beize from a story on The Economic Times on 28 Apr 2026
US ships military jet fuel to Asia signaling Iran war disruptions

US ships military jet fuel to Asia signaling Iran war disruptions

Unusual shipments of military-grade jet fuel and diesel from Washington state are heading to the Philippines and Japan, underscoring how the Iran war is reshaping global oil flows. With traditional routes constrained, Asia-Pacific buyers are turning more to US supply lines, pointing to a widening jet fuel crunch across the region.

Summarised by Beize from a story on The Economic Times on 25 Apr 2026
Firmus raises 505 million to build AI factories across Asia Pacific and Australia

Firmus raises 505 million to build AI factories across Asia Pacific and Australia

Australia’s Firmus has raised $505 million to scale its AI infrastructure platform across the Asia-Pacific region. The funding will also back Project Southgate, a plan to create a network of AI factories in Australia. Developed with Nvidia and CDC Data Centres, the initiative is projected to grow to as much as 1.6 gigawatts of capacity over the next three years.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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