ADB said due to the uncertainties, investment sentiment globally and in the region have waned and containment measures limit economic activity.
KUALA LUMPUR: The Asian Development Bank believes more needs to be done to strengthen the emerging East Asia’s economies and financial markets following the coronavirus Covid-19 pandemic.
In the latest issue of ADB’s Asia Bond Monitor, it said uncertainties due to the pandemic continue to weigh on local currency bond markets in these economies.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
