Cambodian Human Rights Committee Remarks on Recent Case of Detained Soldiers and Thai Response | CMAC Confirms Expertise on MK-84 Bomb as Evidence Supports Cambodia’s Claims | U.S. Pledges Full Support for Cambodia–Thailand Ceasefire in Meeting with General Tea Seiha | UN Agencies Join Government Field Visit to Assess Needs of Displaced Communities in Oddar Meanchey and Siem Reap | Cambodians Worldwide Stand for Peace as PM Pushes for Release of Soldiers Held by Thailand | TOP NEWS: Cambodia and Thailand Agree to Ceasefire and Establish Mechanisms for Border Stability | TOP NEWS: Cambodia, Thailand Reach Critical Agreements in Bid to Ease Border Tensions | TOP NEWS: Cambodian Prime Minister Hun Manet Nominates Donald Trump for Nobel Peace Prize | U.S. Welcomes Progress in Cambodia-Thailand Ceasefire Efforts | Techo Hun Sen Addresses Escalating Cambodia–Thailand Border Incidents | Japan Welcomes Cambodia-Thailand Ceasefire Mechanism Agreement | BREAKING: Two Malaysian Tourists Set on Fire in Bangkok, Suspect Arrested | Thailand Taps Former Beauty Queen Panadda Wongphudee to Counter Cambodia’s Defence Spokeswoman | BREAKING: THIRD LANDMINE BLAST INJURES THAI TROOPS NEAR CAMBODIAN BORDER, SPARKING DIPLOMATIC CLASH | BREAKING: Thai Patrol Hit by Landmine Near Thai Border—Cambodia Rejects Accusations | BREAKING : Cambodian Mine Authority Denies Thailand’s Allegations of New Landmine Use |
Cambodian Human Rights Committee Remarks on Recent Case of Detained Soldiers and Thai Response | CMAC Confirms Expertise on MK-84 Bomb as Evidence Supports Cambodia’s Claims | U.S. Pledges Full Support for Cambodia–Thailand Ceasefire in Meeting with General Tea Seiha | UN Agencies Join Government Field Visit to Assess Needs of Displaced Communities in Oddar Meanchey and Siem Reap | Cambodians Worldwide Stand for Peace as PM Pushes for Release of Soldiers Held by Thailand | TOP NEWS: Cambodia and Thailand Agree to Ceasefire and Establish Mechanisms for Border Stability | TOP NEWS: Cambodia, Thailand Reach Critical Agreements in Bid to Ease Border Tensions | TOP NEWS: Cambodian Prime Minister Hun Manet Nominates Donald Trump for Nobel Peace Prize | U.S. Welcomes Progress in Cambodia-Thailand Ceasefire Efforts | Techo Hun Sen Addresses Escalating Cambodia–Thailand Border Incidents | Japan Welcomes Cambodia-Thailand Ceasefire Mechanism Agreement | BREAKING: Two Malaysian Tourists Set on Fire in Bangkok, Suspect Arrested | Thailand Taps Former Beauty Queen Panadda Wongphudee to Counter Cambodia’s Defence Spokeswoman | BREAKING: THIRD LANDMINE BLAST INJURES THAI TROOPS NEAR CAMBODIAN BORDER, SPARKING DIPLOMATIC CLASH | BREAKING: Thai Patrol Hit by Landmine Near Thai Border—Cambodia Rejects Accusations | BREAKING : Cambodian Mine Authority Denies Thailand’s Allegations of New Landmine Use |

Russia-Ukraine War to Slow 2022 Growth In Developing Asia

INTERNATIONAL: Growth in developing Asia will likely be slower this year than previously thought, the Asian Development Bank said on Wednesday, as the war in Ukraine is expected to derail economic recovery in the region still reeling from the COVID-19 pandemic.

The bloc's combined economy, which includes China and India, is projected to expand 5.2% this year, the ADB said in a report, down slightly from 5.3% forecast in December, and sharply lower than the previous year's 6.9% growth.

For 2023, the region is forecast to grow 5.3%.

"The Russian invasion of Ukraine has severely disrupted the outlook for developing Asia which is still contending with COVID-19," the ADB said in its Asian Development Outlook report.

The Manila-based multilateral lender said other factors could also cloud the region's growth outlook, including ongoing increases in commodity prices, heightened financial stability risks that may stem from aggressive interest rate hikes in the United States, and the emergence of deadlier COVID-19 variants.

China's economy will probably grow 5.0% this year, the agency said, slower than its December projection, and much weaker than its 8.1% expansion in 2021, as COVID-19 outbreaks disrupt economic activities and chill consumer spending.

Except for South Asia, all sub-regions were expected to post slower-than-expected growth this year. The ADB now sees East Asia and Southeast Asia growing 4.7% and 4.9% respectively, instead of 5.0% and 5.1%.

With the sharper-than-expected increases in commodity prices, the ADB raised its inflation forecast for the region to 3.7% in 2022 from its earlier forecast of 2.7%, before easing to 3.1% in 2023.



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