USD180 million ADB loan to improve water supply in Yangon city, Myanmar
(CPV) - The Asian Development Bank (ADB) has approved a USD180 million loan to construct a 34-kilometer water transmission system that will help transfer 818 million liters of water a day to Yangon, the largest city in Myanmar.
Imrpoving sentiment lifts emerging East Asian bonds
14:50 26/09/2020
(CPV) - Improving global investment sentiment and financial conditions provided a much-needed lift for local currency bond markets in emerging East Asia, despite risks from the coronavirus disease (COVID-19) pandemic, says the latest issue of the Asian Development Bank’s (ADB) Asia Bond Monitor.
Singapore records first population contraction since 2003
14:03 26/09/2020
Singapore’s population has shrunk for the first time since 2003 as travel curbs and job losses brought about by the COVID-19 pandemic have pushed foreign workers from the global business hub.
Thai economy expected to return to normal in next two years
13:59 26/09/2020
Thailand’s economy is expected to return to normal within two years as the government has tried to mitigate the impact of the COVID-19 pandemic, said Thai Deputy Prime Minister Supattanapong Punmeechaow on September 25.
Cambodia: new solar power plant put into operation
10:16 24/09/2020
A 30MW solar power station located in Krakor district, Pursat province of Cambodia,has been connected to the country’s national grid as it enters its testing and commissioning phase.
Indonesia’s budget deficit hits almost 34 billion USD
15:45 23/09/2020
Indonesia’s state budget deficit had reached 500.5 trillion Rp (33.96 billion USD) by the end of August, equivalent to 3.05 percent of the country’s gross domestic product (GDP), Finance Minister Sri Mulyani Indrawati said on September 22.
Cambodia localities suffer from flooding
15:11 23/09/2020
Torrential rains left by storm Noul has caused severe flooding in a number of localities in Cambodia and forced local authorities to issue emergency state to limit travelling as water level in rivers continues to rise.
Philippines may lose in banana export race
11:33 22/09/2020
The Philippines may lose in the banana export war amid continued stiff competition in the global market, prompting the government to allocate some 263 million peso (12.49 million USD to save the local banana industry.
ADB approves USD1 million grant to build disease resilient and energy efficient centralized air-conditioning systems
11:15 22/09/2020
(CPV) - The Asian Development Bank (ADB) has approved a USD1 million knowledge and support technical assistance project to deploy smart, energy efficient, and disease resilient centralized air-conditioning (CAC) systems in its developing member countries (DMCs).
Tropical storm Noul affects 22 Thai localities
19:54 21/09/2020
As many as 22 provinces of Thailand have been severely affected by flash floods triggered by tropical Storm Noul, a senior government official has said.