MANILA -- Developing Asia's economic expansion next year is expected to be slower than previously projected as a global slowdown and the prolonged war in Ukraine weigh on the region, the Asian Development Bank said in a new report.
Southeast Asia's growth to accelerate in 2022 before heading for a slowdown

The port of Tanjung Emas in Central Java, Indonesia. The Asian Development Bank has revised its growth forecast for Asian economies including Indonesia, Malaysia and Vietnam downward. © NurPhoto via Getty Images
MANILA -- Developing Asia's economic expansion next year is expected to be slower than previously projected as a global slowdown and the prolonged war in Ukraine weigh on the region, the Asian Development Bank said in a new report.