The International Monetary Fund (IMF) has projected that Cambodia will be the third-fastest growing economy in ASEAN next year and fastest growing economy in the region by 2025.

The World Bank (WB) has revised down Malaysia’s economic growth forecast this year to a contraction of 4.9 percent, from an early estimate of minus 3.1 percent, following a sharper than expected contraction in the second quarter of 2020.

(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.

The Malaysian government is committed to continue helping small and medium enterprises (SMEs) along their recovery path in the upcoming Budget 2021, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Vietnamese Deputy Prime Minister and Foreign Minister Pham Binh Minh and Minister of Foreign Affairs of the Republic of Korea (RoK) Kang Kyung Wha co-chaired the 10th Mekong-RoK Foreign Ministers’ Meeting on September 28.

(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.

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.

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 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.