Palau is set to co-host the 6th Asia-Pacific Climate Change Adaptation Forum (APCCAF) with the Philippines and the Asian Development Bank (ADB) in Manila on October 17 to 19. Officials from Palau’s Office of Climate Change told the media during the press conference on Wednesday that over 1,000 people have registered for the forum which […]
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Due to weak tourism, ADB cuts Palau economic growth forecast
The Asian Development Bank (ADB) revised its economic growth for Palau for 2018 to 3 percent to 1 percent due to a slow down in Palau’s recovery in tourism adding that 2019 economic performance is also projected lower “due to uncertainties surrounding tourism.” The third quarter of Fiscal Year 2018 has posted a 9.8 percent […]