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Vietnam PM seeks ADB cooperation in disbursing US$900 million in 2020

The Hanoitimes – The Vietnamese government would still prioritize mobilizing ODA funds and preferential loans for major projects that support Vietnam’s sustainable development. Prime Minister Nguyen Xuan Phuc has requested ADB’s support in accelerating the disbursement progress of projects financed by the bank during the 2020 – 2021 period to boost economic growth. In the first […]

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Thailand: Foodpanda joins online grocery delivery fray

Competition in the online grocery delivery market is expected to escalate as Germany-based food delivery app Foodpanda becomes the latest player to step into the segment under Pandamart. The move highlights the industry players’ focus to capitalise on the “quick commerce” trend, where items are delivered rapidly, rivalling traditional convenience stores and supermarkets. Pandamart faces […]

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Philippines package aids Covid-19 fight, but limited growth impact: economists

THE second stimulus package in the Philippines strengthens the government’s Covid-19 efforts, but has limited implications for the country’s economic outlook, said economists. Following an earlier 275 billion peso (S$7.72 billion) package, the second package is worth 140 billion pesos, with standby approval for another 25.5 billion pesos for vaccine procurement and additional capitalization of […]

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