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ADB approves USD200 million loan to modernize power supply, distribution system in Nepal
(CPV) - The Asian Development Bank (ADB) has approved a USD200 million concessional loan to improve power supply and distribution systems in Nepal.
US rejects China’s claims to resources across most of East Sea
17:26 14/07/2020
US Secretary of State Michael R. Pompeo affirmed on July 13 that the People’s Republic of China (PRC)’s claims to offshore resources across most of the South China Sea (called the East Sea in Vietnam) are completely unlawful, as is its campaign of bullying to control them.
US Congress introduces resolutions marking 25 years of ties with Vietnam
15:03 12/07/2020
Two resolutions were recently introduced by subcommittee leaders of the US Senate Committee on Foreign Relations and the House of Representatives Committee on Foreign Affairs to mark the 25th anniversary of Vietnam-US diplomatic ties (July 12th).
The COVID-19 situation in Kazakhstan is under control
16:34 09/07/2020
(CPV) - Despite some progress in certain regions of the world, global experience continues to show that the coronavirus crisis is a long way from being eliminated. New cases are soaring in many countries, perhaps most notably in the United States.
ADB approves USD50 million support for Maldives' COVID-19 response
23:11 28/06/2020
(CPV) - The Asian Development Bank (ADB) approved a USD25 million concessional loan and a USD25 million grant on June 26th 2020 to help the Government of Maldives fund its response to the coronavirus disease (COVID-19) pandemic.
RoK expert highlights RCEP’s role in dealing with protectionism
14:09 27/06/2020
An expert of the Republic of Korea (RoK) has highlighted the role of the Regional Comprehensive Economic Partnership (RCEP) in dealing with protectionism, especially in his country.
Singaporean PM calls for greater cooperation among ASEAN members
12:31 27/06/2020
Singaporean Prime Minister Lee Hsien Loong has called for greater economic integration and cooperation and unity among ASEAN member nations to prevent the COVID-19 pandemic from permanently damaging their economies.
COVID-19- Induced uncertainty continues to drag on emerging East Asian bonds
17:07 25/06/2020
(CPV) - The coronavirus disease (COVID-19) pandemic continues to drag on local currency bond markets in emerging East Asia as investment sentiment globally and in the region wane and containment measures limit economic activity, says the latest issue of ADB's Asia Bond Monitor.
Developing Asia to grow just 0.1% in 2020
09:45 19/06/2020
(CPV) - Developing Asia will barely grow in 2020 as containment measures to address the coronavirus disease (COVID-19) pandemic hamper economic activity and weaken external demand, according to a new set of forecasts from the Asian Development Bank (ADB).
Australian firms in ASEAN consider Vietnam favourable destination
23:16 07/06/2020
The rise of Vietnam has been highlighted in a recent survey of the Australian Chamber of Commerce (AustCham), as Vietnam is now considered the most favourable place to expand business, surpassing the Philippines and Myanmar in recent years as well as Australia’s long-term business partners namely Malaysia and Singapore.