The Asian Development Bank slightly upgraded its growth forecast for developing economies in Asia and the Pacific this year to 5.0 percent from its April projection of 4.9 percent, the multilateral bank said Wednesday, citing improved exports that complement strong domestic demand. Exports from several Asian economies are being pumped up by “strong global demand for electronics, particularly semiconductors used for high-technology and artificial intelligence applications,” the ADB said in a statement about its latest outlook. “Most of Asia and the Pacific is seeing faster economic growth compa…