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Malaysia's total trade soars to new high in March
19/04/2022
Malaysia's total trade recorded a growth rate of 27.3 percent year-on-year last month to reach a new high of 236.6 billion RM (55.69 billion USD), the Department of Statistics Malaysia (DOSM) announced on April 18.
US senators introduce resolution welcoming US-ASEAN Special Summit
10:38 07/05/2022
A new Senate resolution has been introduced by the US ahead of the US-ASEAN Special Summit next week to welcome the Association of Southeast Asian Nations (ASEAN) and urge continued cooperation to advance mutual interests.
ADB operations reach USD22.8 billion in 2021 to boost pandemic response, promote green recovery
10:47 25/04/2022
(CPV) - The Asian Development Bank (ADB) committed USD22.8 billion from its own resources in 2021 to help Asia and the Pacific tackle the immediate effects of the coronavirus disease (COVID-19) pandemic and promote a green recovery.
Philippines unveils offshore wind power roadmap
09:52 23/04/2022
The Philippines has released its offshore wind power roadmap, in which two scenarios are outlined for the development of the country’s wind power industry.
ASEAN, US to convene special summit in May
11:21 19/04/2022
Cambodia, as the Chair of the Association of Southeast Asian Nations (ASEAN) in 2022, announced that the bloc and the US are set to convene a special summit to celebrate the 45th anniversary of their dialogue relations in Washington D.C., on May 12 and 13.
Myanmar's Yangon int'l airport reopens after two-year suspension
17:14 18/04/2022
Myanmar reopened the Yangon International Airport on April 17, more than two years after the country suspended all commercial flights due to the COVID-19 pandemic.
Indonesia’s economic growth to strengthen in 2022 and 2023
16:45 18/04/2022
(CPV) - Indonesia’s economy is expected to grow by 5.0% in 2022 and 5.2% in 2023 as domestic demand continues to recover, according to a report by the Asian Development Bank (ADB) released on early April.
Indian economy to grow 7.5% in FY2022, 8% in FY2023
10:50 18/04/2022
(CPV) - India’s economy will grow 7.5% in fiscal year (FY) 2022 and 8% in FY2023, supported by increased public investment in infrastructure and a pickup in private investment, the Asian Development Bank (ADB) forecasts.
Singapore's GDP expands by 3.4 percent in Q1
10:30 18/04/2022
Singapore's Ministry of Trade and Industry recently announced that the country's gross domestic product (GDP) grew by 3.4 percent year on year in the first quarter of 2022, moderating from the 6.1 percent growth in the previous quarter, reported Xinhua news agency.
Domestic revenue mobilization vital for Tuvalu, as growth projected to reach 3% in 2022
11:44 16/04/2022
(CPV) - Growth in the Central Pacific economy of Tuvalu is projected to reach 3% in both 2022 and 2023, according to a new economic report released on early April 2022 by the Asian Development Bank (ADB).