Laos achieves vaccination target for 2021
The Lao Ministry of Health said the COVID-19 vaccination campaign in the country has achieved good results last year.
ADB provides USD10 million grant to Tonga following devastating tsunami
18:16 24/01/2022
(CPV) - The Asian Development Bank (ADB) approved a USD10 million (around 22.68 million pa’anga) grant to the Government of Tonga to assist with early recovery and relief efforts and help restore life-sustaining services following the devastating tsunami that hit the country last weekend on January 21st 2022.
Thailand’s economic growth projected at 3.5-4.5 percent this year
16:41 22/01/2022
Thai Minister of Finance Arkhom Termpittayapaisith has forecast the country’s economy would grow 3.5-4.5 percent this year driven by fiscal policy, exports and investment, despite an outbreak of the Omicron coronavirus variant remaining a challenge.
Malaysia’s inflation rises on weather-driven food shortage
16:32 22/01/2022
A shortage of food supplies due to the impact of weather and rising gasoline prices has led to increasing inflation in this Southeast Asian country, according to Malaysia’s Department of Statistics Malaysia (DOSM).
Singapore face rising COVID-19 cases
16:25 22/01/2022
The Singaporean Ministry of Health on January 21 informed that the number of COVID-19 cases began to increase sharply in recent days, from an average of 800 cases last week to nearly 1,500 cases on January 20, with community infections accounting for the majority.
ADB commits USD60 million to creador V to support private sector growth in South and Southeast Asia
16:40 19/01/2022
(CPV) - The Asian Development Bank (ADB) signed a USD60 million equity investment in Creador V L.P. (Creador V), a private equity fund managed by investment firm Creador, for investments in companies in South and Southeast Asia that will create new jobs, increase tax revenues, and improve access to health and financial services.
ASEAN, RoK promote mutually beneficial economic partnership
17:41 18/01/2022
The ASEAN-Korea Centre, in coordination with the International Contractors Association of Korea (ICAK), will hold the 9th ASEAN Connectivity Forum on 18-19 January, aiming to further promote mutually beneficial economic partnership.
COVID-19 pushed 148 million Asians into poverty while billionaires grew their wealth by USD1.46 trillion
13:12 17/01/2022
(CPV) - Across Asia, the COVID-19 pandemic devastated lives and livelihoods, taking away 147 million jobs and pushing 148 million Asians into poverty but while most Asians are worse off, the region’s billionaires grew their wealth by USD1.46 trillion, leading to a staggering rise in inequality, reveals a new Oxfam report at the middle of January 2022.
ADB invests in Northstar V to improve access to growth capital in Indonesia
13:04 17/01/2022
(CPV) - The Asian Development Bank (ADB) signed a USD39.5 million equity investment in Northstar Equity Partners V Limited (NEP V), a private equity fund managed by the Northstar Group. NEP V will provide growth capital to companies operating across the consumer, financial services, and digital economy sectors in Southeast Asia with a focus on Indonesia, contributing to overall job growth and eco
Cambodia rolls out 4th dose of COVID-19 vaccines
10:22 15/01/2022
Cambodia on January 14 began administering the fourth dose of COVID-19 vaccine to priority groups in its capital city of Phnom Penh amid the spread of the Omicron variant within the community.