SURGING global investments in artificial intelligence (AI) and easing inflation give developing Asia a launch pad for sustained economic growth in 2024 and 2025, the Asian Development Bank (ADB) said Wednesday.
With goods exports jumping 8.0 percent in July, the Manila-based lender slightly raised its 2024 economic growth forecast for the region to 5.0 percent this year, up from 4.9 percent projected in April.
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