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World 17 Nov 2020 | 12:46 AM

Thailand borrows 1.5 bln USD from ADB to revive economy hit by COVID-19

BANGKOK, Nov. 16 (Xinhua) -- Thailand's Ministry of Finance and the Asian Development Bank (ADB) inked an agreement on Monday for Thailand to secure a loan of 1.5 billion U.S. dollars to salvage an economy badly hit by the COVID-19 pandemic.

AseanPlus News 22 Oct 2020 | 12:46 PM

ADB says strengthening small firms key to Southeast Asia's post-Covid-19 recovery

MANILA, Oct. 22 (Xinhua): Strengthening the dynamics of micro, small, and medium-sized enterprises (MSMEs) with innovation and internationalization is key to revitalizing Southeast Asian economies devastated by the COVID-19 pandemic, according to a new Asian Development Bank (ADB) report released on Thursday.

Brunei 19 Oct 2020 | 11:17 AM

Pandemic recovery to boost Brunei GDP next year

BANDAR SERI BEGAWAN, Oct 19 (Borneo Bulletin/ANN): Brunei is seen posting the recovery in 2021, following the Covid-19 pandemic where the International Monetary Fund (IMF) is projecting that the Sultanate’s gross domestic product (GDP) growth to be 3.2 per cent next year while for its mid-term projections for 2025, IMF forecast the Sultanate’s growth to be 1.8 per cent.