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HANOI: Vietnam has managed to repeat its success of containing a virus outbreak again, and that’s helped drive the nation’s stock market to become Asia’s top performer this month.
VIENTIANE: The Asian Development Bank (ADB) approved on Tuesday (May 26) a US$20mil loan to support Laos' response to the Covid-19 (coronavirus) pandemic, Laos News Agency (KPL) has reported.
KUALA LUMPUR: The global economy could suffer between US$5.8 trillion and US$8.8 trillion in losses, equivalent to 6.4 per cent to 9.7 per cent of global gross domestic product as a result of COVID-19, according to a new report released by the Asian Development Bank (ADB).
MANILA (Reuters): Global economic losses caused by the coronavirus pandemic could be between US$5.8 trillion and US$8.8 trillion this year, the Asian Development Bank said on Friday (May 15), more than double its earlier estimates as containment measures paralyse economies.
MANILA: The Philippines reported 184 new coronavirus infections on Sunday (May 10), bringing the total number of Covid-19 (coronavirus) cases in the country to 10,794. The coronavirus death toll stands at 719 after 15 more patients died on Sunday..
MANILA: The Philippines launched on Sunday (May 10) a COVID-19 testing lab that China's biotech company BGI Group helped set up to ramp up the country's testing capacity. The Asian Development Bank (ADB)-funded the pandemic sub-national reference laboratory.
May 7 - The Myanmar government is negotiating for aid and assistance from the World Bank, Asian Development Bank (ADB) and International Monetary Fund (IMF) to help it implement a stimulus plan to rescue its virus-hit economy, according to Myanmar Times Thursday.
PETALING JAYA: The Association of Banks in Malaysia (ABM) and its member banks will be notifying their respective hire purchase customers on the procedures for the six-month loan moratorium announced by Bank Negara.
JAKARTA, April 27 (The Jakarta Post/ANN) - Indonesia’s debt is expected to remain sustainable this year despite a steep increase in the planned issuance of government bonds to finance the country’s widening budget due to a big COVID-19 stimulus check, the Asian Development Bank (ADB) has said.