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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.
UALA LUMPUR: The development expenditure from Budget 2021 alone will give Malaysia's gross domestic product (GDP) a 4% boost, says Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
JOHOR BARU: The Malaysian Maritime Enforcement Agency (MMEA) has seized drugs worth RM2.67mil from a boat off Parit Samsu, Muar.
JOHOR BARU: The Malaysian Maritime Enforcement Agency (MMEA) foiled a drugs smuggling operation and seized drugs worth RM2.67mil to a neighbouring country in the waters off Parit Samsu, Muar, on Monday (June 1).
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.