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Singapore, US back settlement of East Sea disputes under international law
US Secretary of State Mike Pompeo has reiterated US support for Southeast Asian states upholding their sovereign rights and interests in the East Sea under international law.
COVID-19: Number of children living in household poverty to soar by up to 86 million by end of year
12:51 30/05/2020
(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.
APEC senior officials hold virtual discussions on economic cooperation
15:25 29/05/2020
Senior officials from the Asia-Pacific Economic Cooperation (APEC) economies held a virtual meeting on May 28th to discuss economic cooperation and open markets to counter the COVID-19 outbreak.
ADB study maps supply chains for key products in COVID-19 response
10:50 29/05/2020
(CPV) - The Asian Development Bank (ADB) has released a landmark study which maps supply chains for critical products in the global response to the novel coronavirus disease (COVID-19) pandemic, clearing the way for the identification and removal of blockages in their production and distribution.
ADB, UNICEF send medical supplies to help Pacific prepare for COVID-19
18:41 28/05/2020
(CPV) - A stock of tents and other medical supplies financed by the Asian Development Bank (ADB) and the United Nations Children’s Fund (UNICEF) have been delivered to health authorities in Kiribati, the first stop of a program aimed at helping the Pacific respond to a potential outbreak of the novel coronavirus disease (COVID-19) pandemic.
Singapore announces fourth stimulus package against COVID-19
10:48 27/05/2020
Deputy Prime Minister and Finance Minister of Singapore Heng Swee Keat on May 26th announced another 33 billion SGD (23.2 billion USD) supplementary budget, aimed primarily at helping workers and businesses to tide over the COVID-19 crisis and the bleak economic outlook ahead.
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 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.