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USD180 million ADB loan to improve water supply in Yangon city, Myanmar
30/09/2020
(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.
AFMGM+3 seeks measures to promote regional economic growth
16:09 19/09/2020
The 23rd ASEAN Finance Ministers’ and Central Bank Governors’ Meeting Plus Three (AFMGM+3) was held virtually on September 18, with discussions focusing on a wide range of measures to promote regional economic growth.
Three European powers reject China’s South China Sea claims
09:56 19/09/2020
France, Germany, and the United Kingdom have come together to issue a joint note verbale to the United Nations in order to challenge China’s claims in the South China Sea, known locally as the East Sea.
EU, Indonesia commit to green economic development
20:31 18/09/2020
Indonesian Minister for National Development Planning Suharso Monoarfa and European Union (EU) Ambassador to Indonesia and Brunei Vincent Piket launched the publication EU-Indonesia Cooperation 2020: “Building Capacity for Green Growth” during an online event on September 17.
Amid COVID-19, India's GDP to Contract by 9.0% in FY2020
17:10 18/09/2020
(CPV) - India’s gross domestic product (GDP) growth for fiscal year (FY) 2020 ending on 31 March 2021 is forecast to contract by 9.0% as the coronavirus disease (COVID-19) pandemic weighs heavily on economic activity and consumer sentiment in the country, according to a new report by the Asian Development Bank (ADB) released on September 15th 2020.
ASEAN Military Operations Meeting held
10:55 17/09/2020
Military officers from ASEAN member states exchanged views on issues regarding regional security and measures to enhance results-oriented cooperation between the operations departments of armies in the region, during the 10th ASEAN Military Operations Meeting (AMOM-10) held online on September 16.
ASEAN ministers bolster human resource development
10:48 17/09/2020
The ASEAN high-level conference on Human Resource Development for the Changing World of Work was held virtually on September 16 by Vietnam as the ASEAN Chair 2020, with the participation of 150 delegates.
Donors agree replenishment of more than $4 billion for ADB's grant funds
10:25 17/09/2020
(CPV) - Donors have agreed to a replenishment in excess of $4 billion for the Asian Development Bank’s (ADB) Asian Development Fund (ADF) 13 and Technical Assistance Special Fund (TASF) 7, for the 4-year period from 2021 to 2024. The total size of the replenishment represents a 7% increase in comparison to the previous replenishment, which covered the 2017–2020 period. Total resources are allocate
Thailand’s cross-border trade drops 8.5 percent in seven months
17:04 16/09/2020
Thailand's cross-border trade fell 8.5 percent year-on-year in January-July period, mostly due to the closure of border checkpoints amid COVID-19, according to the Thai Ministry of Commerce.
ASEAN - China trade turnover surges in first eight months
10:53 16/09/2020
The Association of Southeast Asian Nations (ASEAN) has maintained its position as China’s leading trade partner with two-way trade hitting 416.6 billion USD in the January-August period, according to the General Administration of Customs of China.