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Emerging Asia’s post-Covid future

Asia’s emerging economies are at different stages in combating the Covid-19 pandemic. For some, like Thailand, the light at the end of the tunnel is getting brighter as restrictions are being eased and economic activity is starting to ramp up again. Others are still grappling with outbreaks and lockdowns. Whatever stage they are at, though, […]

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Malaysia: Banks will not extend moratorium

  PETALING JAYA: Borrowers will need to start repaying their loans from October onwards as the banks will not extend the automatic loan moratorium, banking sources said. However, an industry source said while the blanket moratorium would end, banks are open to assist borrowers to restructure and reschedule their loans in a more targeted manner. […]

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Cambodia: Survey on garment workers’ lives

The Ministry of Labour and Vocational Training (MLVT) is conducting a survey on garment and other workers’ living conditions and the impact of COVID-19 until July 31. According to an announcement, MLVT has informed all owners or directors of enterprises/establishments and workers in the textile, garment and footwear sector and relevant authorities that the General […]

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Philippines: ADB commits support for infrastructure, finance sectors

MANILA, Philippines — Manila-based Asian Development Bank (ADB) has committed to continue providing support for crucial infrastructure and financial sector development among its member countries through its private sector operations. The multilateral bank announced yesterday that its private sector operations reached $3 billion in 2019, lifting the overall portfolio by 11 percent to $13.6 billion. […]

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