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Abac to address economic fragmentation challenges via collaborative efforts

Trade restrictions, inflation, El Niño dent Apec growth | Malou Talosig-Bartolome

TRADE restrictions imposed by Asia-Pacific economies in the post-pandemic era, coupled with inflation and lingering effects of El Niño are slowing down the economic growth of the region. The Asia Pacific Economic Cooperation (Apec) said the region’s growth in the first quarter of 2023 was pegged at 3.9 percent, lower…

Asia-Pacific GDP forecast to grow 3 1% in 2023

The Asia-Pacific region's economy is projected to expand 3.1% this year before dropping to 2.9% growth in 2024 as downside risks continue to pressure recovery, according to an analysis from an Asia-Pacific Economic Cooperation (Apec) research unit.

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