Asian bloc weighs joint fund to fight Covid-19


Moon Jae-in: “South Korea will secure additional funding for humanitarian assistance and respond to the fullest extent possible to any calls for help from other countries, including Asean.”

BANGKOK: South-East Asian nations pledged to keep regional supply chains open and along with Japan, China and South Korea will pursue the establishment of a fund dedicated to fighting the coronavirus across the region.

The 13-nation summit of the Asean on Tuesday came as the region struggles to contain the Covid-19 outbreak even after it spread to other parts of the globe. During a morning summit between Asean leaders, Thai Prime Minister Prayuth Chan-Ocha proposed re-purposing funds to support efforts to deal with the ongoing threat, Thailand government spokeswoman Narumon Pinyosinwat said.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Asian , joint fund , fight , Cocid-19 , kits , protective gear ,

Next In Business News

TNB in pact to advance Asean Power Grid
Jakarta sees minimal fallout from tariff hike
Indonesian policy change weighs on palm oil sector
BHIC eyes strategic ties with French firm
S&P expects strong growth for Islamic banking sector
Late buying lifts Bursa Malaysia key index higher
OGX signs underwriting agreement
Czech ammunition-maker CSG plans Amsterdam IPO
Maybank launches new syariah-compliant fund�
Oil prices forecast to stay range-bound in 2026

Others Also Read