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ADB plans to lend $3.5 billion to Philippines this year

MANILA, Philippines — Manila-based Asian Development Bank (ADB) is planning to lend $3.5 billion or about P168.65 billion to the Philippines this year to help the country recover from the pandemic-induced recession. During the Laging Handa briefing yesterday, ADB country director Kelly Bird said the multilateral lender remains committed in financially supporting the Philippines. “This […]

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Thailand: FTI jittery over new lockdowns

The Federation of Thai Industries (FTI) is worried efforts to restore the reeling Thai and global economies may face a setback as some European countries have renewed lockdown measures amid fears of coronavirus mutations. The FTI’s concerns emerged as Thailand reported a new cluster of Covid-19 infections in Bang Khae district in western Bangkok as […]

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Indonesian businesses join jab drive

More than 9,000 private companies in Indonesia are gearing up to inoculate their employees and their family members in a bid to revive productivity that has been severely curtailed by the Covid-19 pandemic. The move follows government approval to allow them to purchase vaccines from a state-sanctioned importer as long as they provide the jabs […]

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