2. World: Events and Comments
Cambodia expects to finalise FTA with China in November
26/02/2020
A free trade agreement (FTA) between Cambodia and China is expected to be finalised in November in a move to boost trade between the two countries, the Phnom Penh Post reported.
European Union, ASEAN countries partner to boost green infrastructure
European Union, ASEAN countries partner to boost green infrastructure
10:12 11/02/2020
(CPV) - The European Union (EU) announced on February 10th 2020 that it is preparing to support the Association of Southeast Asian Nations’ (ASEAN) Catalytic Green Finance Facility (ACGF) with EUR50 million (USD54.9 million) to help governments prepare and catalyze public and private financing for climate-friendly infrastructure projects across Southeast Asia.
Indonesia’s budget deficit predicted to widen to 2.8 percent
Indonesia’s budget deficit predicted to widen to 2.8 percent
09:41 10/02/2020
Indonesia’s 2020 state budget deficit is likely to further increase to 2.8 percent of the country’s gross domestic product (GDP), much higher than the government’s target, as tax reforms would result in lower revenue collection, according to local economists.
ADB helps Bangladesh to improve transport connectivity
ADB helps Bangladesh to improve transport connectivity
09:37 10/02/2020
(CPV) - The Asian Development Bank (ADB) has approved USD42 million in project readiness financing (PRF) for a facility to help improve transport connectivity and promote multimodal transport in Bangladesh.
Myanmar’s agricultural exports to China affected by nCoV outbreak
Myanmar’s agricultural exports to China affected by nCoV outbreak
10:40 09/02/2020
Farmers in Myanmar are showing concern about impacts of the acute respiratory disease caused by the novel coronavirus (nCoV) on their exports to the Chinese market.
Thailand sets budget bill meeting next week
Thailand sets budget bill meeting next week
10:38 09/02/2020
Speaker of Thai House of Representatives Chuan Leekpai has called for the House’s special session on February 13th to repeat the second and third readings of the 2020 budget bill to comply with a Constitutional Court ruling.
WB: Cambodia’s economy grows fast in region
WB: Cambodia’s economy grows fast in region
15:13 08/02/2020
Cambodia is a fast-growing country in a slowing world, the World Bank (WB) said in its latest report.
ADB approves USD2 million to combat the spread of nCoV
ADB approves USD2 million to combat the spread of nCoV
14:32 08/02/2020
(CPV) - The Asian Development Bank (ADB) approved USD2 million on February 7th 2020 in new funding to support efforts to combat the spread of the novel coronavirus (nCoV).
Singapore issues yellow alert for coronavirus outbreak
Singapore issues yellow alert for coronavirus outbreak
11:06 07/02/2020
Singapore has designated the status of the coronavirus outbreak in the country as Yellow.
International organisations help to build Southeast Asia
International organisations help to build Southeast Asia's largest floating solar project in Viet Nam
10:55 07/02/2020
(CPV) - A USD37 million financing package from ADB, Canadian Climate Fund for the Private Sector in Asia, and Leading Asia’s Private Infrastructure Fund (LEAP) has assisted Da Nhim–Ham Thuan–Da Mi Hydro Power Joint Stock Company (DHD) to build the first large-scale floating solar PV panels in Viet Nam and the largest installation in Southeast Asia.
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