2. World: Events and Comments
COVID-19 remains rampant in Southeast Asia nations
31/07/2021
The Delta variant of coronavirus SARS-CoV-2, which was first detected in India, has continued to spread in Southeast Asian nations, with Indonesia recording the highest rate of infection.
ASEAN-China trade surges 85 times in 30 years
ASEAN-China trade surges 85 times in 30 years
16:16 30/07/2021
Trade between China and the Association of Southeast Asian Nations (ASEAN) has skyrocketed by 85 times since the two sides established their dialogue relations 30 years ago.
Webinar highlights Canada-ASEAN connections in business, education
Webinar highlights Canada-ASEAN connections in business, education
16:01 30/07/2021
Experts from Canada and ASEAN member countries as well as leaders of businesses of both sides gathered at an online conference on July 29 by York University's Centre for Asian Studies to discuss the Canada-ASEAN connectivity, especially in business and education.
ADB supports Dubai Islamic Bank Pakistan to expand trade finance in the country
ADB supports Dubai Islamic Bank Pakistan to expand trade finance in the country
15:46 30/07/2021
(CPV) - The Asian Development Bank’s (ADB) Trade and Supply Chain Finance Program (TSCFP) has signed an agreement with Dubai Islamic Bank Pakistan Limited (DIBPL) to support trade in Pakistan.
Laos prepares for reopening tourism under new normal conditions
Laos prepares for reopening tourism under new normal conditions
11:52 30/07/2021
The government of Laos has instructed the Ministry of Information, Culture and Tourism to coordinate with localities nationwide to prepare for the reopening of its tourism under “new normal” conditions.
Southeast Asian nations resolved to stamp out COVID-19
Southeast Asian nations resolved to stamp out COVID-19
11:21 30/07/2021
Philippine President Rodrigo Duterte on Jul 28 ordered his government to open the coronavirus vaccination campaign for anyone who wants a shot as his country scrambles to protect the population from more transmissible variants.
Pacific economic outlook weakens, but vaccination progress provides optimism
Pacific economic outlook weakens, but vaccination progress provides optimism
17:04 29/07/2021
(CPV) - Despite a weakening economic growth forecast for the Pacific, recent progress in vaccination rollouts and stronger public health measures are providing optimism for the safe reopening of borders in the near term, according to the latest issue of the Asian Development Bank’s (ADB) Pacific Economic Monitor (PEM) launched on July 29th 2021.
ADB invests USD50 million in PAG Growth II to support midsized companies in developing Asia
ADB invests USD50 million in PAG Growth II to support midsized companies in developing Asia
16:54 29/07/2021
(CPV) - The Asian Development Bank (ADB) signed a USD50 million equity investment in PAG Growth II L.P. (PAG Growth II, the fund), a private equity fund managed by investment firm PAG, to promote innovation and provide growth capital for businesses in key economic sectors in Asia and the Pacific, predominantly in the People’s Republic of China.
US Secretary of Defense visits Singapore
US Secretary of Defense visits Singapore
09:48 28/07/2021
US Secretary of Defense Lloyd J. Austin on July 26 and 27 visited the Southeast Asian nation and held talks with his Singaporean counterpart Ng Eng Hen, according to a joint announcement issued after the talks.
USD400 million ADB loan to help lift youth employment in the Philippines
USD400 million ADB loan to help lift youth employment in the Philippines
17:25 27/07/2021
(CPV) - The Asian Development Bank (ADB) has approved a USD400 million policy-based loan to support the Philippine government’s efforts to expand youth employment and skills programs to help young Filipinos find quality jobs.
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