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RoK’s Jin Air to resume flights to destinations in Southeast Asia
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.
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.
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.
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.
ADB, Mongolia sign grant to improve transport services in Ger areas
10:38 22/05/2020
(CPV) - The Asian Development Bank (ADB) and the Government of Mongolia signed a USD2 million grant to improve the accessibility, safety, security, and quality of transport services along the Chingeltei street corridor in the ger areas of Ulaanbaatar city.
At least 19 million children at imminent risk as Cyclone Amphan makes landfall in Bangladesh and India
15:57 21/05/2020
(CPV) - At least 19 million children in parts of Bangladesh and India are at imminent risk from flash flooding, storm surges and heavy rain as Cyclone Amphan makes landfall today, UNICEF has warned. The Indian state of West Bengal, home to more than 50 million people, including over 16 million children, is expected to take a direct hit from the powerful storm.