El Nino, AI to widen economic growth gap in developing Asia: ADB

India, Malaysia, Vietnam ride on tech exports despite climate and energy shocks A parched rice field in Candaba, Pampanga province, Philippines, in 2024. The Asian Development Bank said in its latest economic outlook published Sept. 23 that "likely very strong" El Nino effects this year could pose serious risks to agricultural production in the region. © Reuters MANILA — The gap in growth rates of Asia's developing economies is projected to widen this year as countries like the Philippines and Cambodia are bearing more brunt from the energy crisis and a strong El Nino, while others like India and Vietnam are enjoying an AI-driven export boost.

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