CAREC countries endorse new vision to fight climate change together

CAREC countries endorse new vision to fight climate change together

(CPV) - Member countries of the Central Asia Regional Economic Cooperation (CAREC) Program committed to work together to cut greenhouse gas emissions and build resilience to climate change on November 30th 2023.
Elevated US rates push up bond yields in emerging East Asia
Elevated US rates push up bond yields in emerging East Asia
(CPV) - Financial conditions in emerging East Asia weakened in the third quarter of 2023 amid expectations of higher interest rates for a longer...
Thailand wants to co-host volleyball women’s world champs 2025
Thailand wants to co-host volleyball women’s world champs 2025
Thailand Volleyball Association (TVA) has an intention to invite regional countries, including Vietnam, to host the 20th edition of the FIVB...
RoK seeks to strengthen investment in central localities
RoK seeks to strengthen investment in central localities
The Consulate General of the Republic of Korea (RoK) in the central city of Da Nang on November 24 held a conference on the expansion of investment...
Renewable energy manufacturing in Southeast Asia can generate 90 billion to 100 billion in sustainable revenue by 2030
Renewable energy manufacturing in Southeast Asia can generate $90 billion to $100 billion in sustainable revenue by 2030

(CPV) - The Southeast Asian region could lose up to 30% of its gross domestic product by 2050 due to increases in global temperature and extreme weather events, but bolstering the region’s renewable energy manufacturing capacity would position Southeast Asian countries to create new jobs and meet growing energy demand while drastically reducing emissions, according to new research released on August 24th 2023 on the sidelines of the ASEAN Finance Ministers and Central Bank Governors Meeting by the Asian Development Bank (ADB), Bloomberg Philanthropies, ClimateWorks Foundation, and Sustainable Energy for All (SEforALL).

Cambodia, Indonesia agree on rice trade cooperation
Cambodia, Indonesia agree on rice trade cooperation

Cambodia and Indonesia reached an agreement for the latter to buy 125,000 tonnes of rice from the former at a recent meeting between Cambodian Minister of Commerce Pan Sorasak and Indonesian Deputy Minister of Foreign Affairs Pahala Nugraha Mansury in Phnom Penh.

ADB issues Mongolian Togrog Gender Bond
ADB issues Mongolian Togrog Gender Bond

(CPV) - The Asian Development Bank (ADB) has issued its third bond issue denominated in Mongolian togrog (MNT). The MNT13.7 billion (about $4 million) 3-year gender bond pays a fixed coupon of 11.25% semi-annually.

ADB mobilizes 261 million for New Expressway in Bangladesh
ADB mobilizes $261 million for New Expressway in Bangladesh

(CPV) - The Asian Development Bank (ADB), as a transaction advisor for the Government of Bangladesh’s Rampura Amulia Demra Expressway public–private partnership (PPP) project, has mobilized $261 million of private sector capital for a four-lane, 13.5 kilometer expressway that will ease traffic congestion and provide better connectivity between the capital Dhaka and other major cities.

ADB opens field office in Niue
ADB opens field office in Niue

(CPV) - The Asian Development Bank (ADB) and the Government of Niue officially opened the ADB office in Alofi on July 25th 2023.

New corporate registrations hike in Thailand
New corporate registrations hike in Thailand

New corporate registrations are expected to reach 83,000-90,000 this year, boosted by the increase in foreign tourists and the Thai economic recovery, outstripping an earlier projection of 75,000-78,000, reported the Thai Commerce Ministry's Business Development Department.

Webinar discusses e-commerce opportunities in Singapore, regional countries
Webinar discusses e-commerce opportunities in Singapore, regional countries

A webinar on e-commerce opportunities in Singapore and countries in the region for Vietnamese goods was held on July 21 by the Vietnam Trade Office in Singapore, the Ministry of Industry and Trade’s Department of Asia-Africa Markets and the Vietnam E-Commerce and Digital Economy Agency (iDEA).

ADB maintains growth forecast for Asia and the Pacific
ADB maintains growth forecast for Asia and the Pacific

(CPV) - The Asian Development Bank (ADB) is maintaining its growth outlook for developing economies in Asia and the Pacific at 4.8% this year, as robust domestic demand continues to support the region’s recovery.

Thailand Eight parties united in upcoming PM vote
Thailand: Eight parties united in upcoming PM vote

With the vote for House Speaker and deputies completed, the parliament of Thailand is heading to the next crucial meeting to vote for Prime Minister. Eight parties holding the majority seats in the lower house said they were united in their decision to vote for Move Forward party leader Pita Limjaroenrat.

ASEAN accelerates energy connectivity to promote sustainable growth
ASEAN accelerates energy connectivity to promote sustainable growth

The ASEAN Centre for Energy (ACE) and the Ministry of Energy and Mineral Resources of Indonesia will hold the ASEAN Energy Business Forum 2023 (AEBF) themed "Accelerating Energy Connectivity to Achieve ASEAN's Sustainable Growth" on August 24-26 in Bali, Indonesia.

ASEAN, G7 foster judicial cooperation
ASEAN, G7 foster judicial cooperation

The ASEAN-G7 Justice Ministers' Interface convened in Tokyo, Japan on July 7, aiming to foster cooperation among the Association of Southeast Asian Nations (ASEAN) and the Group of Seven (G7) countries in the field of law and justice.

ASEAN mobilises resources to assist cyclone-hit Myanmar
ASEAN mobilises resources to assist cyclone-hit Myanmar

The Association of the Southeast Asian Nations (ASEAN) has sent another batch of relief items from the people of ASEAN to the people of Myanmar affected by Tropical Cyclone Mocha, said ASEAN Chair Indonesia.

LDCF and SCCF provide new targeted support for vulnerable states
LDCF and SCCF provide new targeted support for vulnerable states

(CPV) - The Least Developed Countries Fund (LDCF) and Special Climate Change Fund (SCCF) will deploy $63 million in urgent funding for countries on the frontlines of climate change following a meeting of the Global Environment Facility-managed funds in Brazil.