COVID-19: Number of children living in household poverty to soar by up to 86 million by end of year
(CPV) - The economic fallout of the COVID-19 pandemic could push up to 86 million more children into household poverty by the end of 2020, an increase of 15 per cent, according to a new analysis released on May 28th 2020 by Save the Children and UNICEF.
RoK’s Jin Air to resume flights to destinations in Southeast Asia
10:38 27/05/2020
Low-cost carrier of the Republic of Korea (RoK) Jin Air Co. said it will resume flights on five international routes next month to cater to incoming passengers and meet cargo-carrying demand.
Cambodia’s GDP to fall 0.3 percent in 2020: Moody’s
10:28 27/05/2020
Cambodia’s GDP growth is projected to drop 0.3 percent due to the impact of the COVID-19 pandemic and economic slowdowns in China, the EU and the US, Moody’s Investors Service has said.
ADB approves USD250 million support for Nepal's COVID-19 response
09:55 27/05/2020
(CPV) - The Asian Development Bank (ADB) approved a USD250 million concessional loan on May 26th 2020 to help the Government of Nepal fund its response to the novel coronavirus disease (COVID-19) pandemic, which includes measures to strengthen the country’s public health systems and mitigate the adverse economic and social impacts of the pandemic, particularly on the poor.
ADB supports Philippines' capital market development
18:16 26/05/2020
(CPV) - The Asian Development Bank (ADB) has approved a USD400 million policy-based loan to support the Philippine government’s efforts to strengthen domestic capital markets and reach its development goals of high, sustained economic growth and poverty reduction.
Cambodian workers affected by COVID-19 to receive support
10:44 26/05/2020
About 55,000 garment-textile workers and 4,300 others working in the tourism sector in Cambodia, who have become jobless by the COVID-19 pandemic, each will receive monthly financial support worth 40 USD through their Wing Specialised Bank accounts next week.
Cambodia bourse sees first bank listing
10:39 26/05/2020
Cambodia's largest commercial bank Acleda listed on the country's stock market on May 25th, making it the first lender to trade on the exchange.
Thailand enters race for COVID-19 vaccine
10:29 26/05/2020
Thailand is conducting tests on macaque monkeys as it races to produce a cheaper, alternative COVID-19 vaccine that it hopes will be ready by 2021, a top researcher said May 25th.
ADB supports Lao PDR's emergency response to COVID-19
11:11 25/05/2020
(CPV) - The Asian Development Bank (ADB) approved a USD20 million loan to support the Lao People’s Democratic Republic’s (Lao PDR) response to the novel coronavirus disease (COVID-19) pandemic.
At least 76 dead in Pakistan plane crash
10:46 23/05/2020
At least 76 bodies have been recovered after Pakistan International Airline flight 8303 crashed in Karachi Friday, according to a statement from the Sindh Health Department.