ADB: Nurture green and social finance

Insight - How will digital yuan change China?

WHILE many central banks are still investigating the possibility of issuing a digital currency, China has rolled out a digital currency via a series of pilot programmes since last year.

Bright growth outlook for Vietnam in 2021

HANOI: Leading economists have an optimistic growth outlook for Vietnam in 2021 despite the Covid-19 pandemic.

Asean News Headlines as at 8pm on Saturday (May 8)

News highlights from Asean countries in the Star-AseanPlus section for Saturday (May 8)

Asian Development Bank to end coal, upstream oil and gas financing: draft statement

SINGAPORE (Reuters): The Asian Development Bank will no longer finance coal mining or oil and natural gas production and exploration, it announced in a draft policy statement on Friday (May 7), a move welcomed by environmental groups, which said it was a decade overdue.

Asia-Pacific can emerge from crisis stronger by focusing on five areas

KUALA LUMPUR: Asia and the Pacific region can emerge stronger from the Covid-19 pandemic by focusing on five areas that would help to achieve a prosperous, inclusive, resilient and sustainable future, Asian Development Bank (ADB) president Masatsugu Asakawa said.

China, Japan and South Korea vow ‘targeted’ support for recovery

TOKYO: Finance ministers and central bank governors from China, Japan and South Korea have vowed “targeted” measures for those countries most affected by the Covid-19 pandemic, and committed to foster fiscal and financial stability.

Asean plus China, Japan, S.Korea vow to boost financial ties amid pandemic

TOKYO (Reuters): Finance ministers and central bank governors from Asean, China, Japan and South Korea on Monday (May 3) vowed to strengthen regional financial cooperation while providing continued support for countries hit hard by the Covid-19 pandemic.

Philippines studies US$499mil wage subsidy plan for companies

The Philippines is considering a 24 billion-peso (US$499 million) wage subsidy plan that could help pandemic-hit companies retain as many as one million workers.

Asean News Headlines as at 8pm on Friday (April 30)

Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Friday (April 30)