MANILA, Philippines — The Asian Development Bank (ADB) has approved a $500 million loan to expand its support for the Philippine government’s conditional cash transfer program. The Manila-based multilateral bank said the Expanded Social Assistance Project would help families sustain health and educational gains for their children achieved under the country’s Pantawid Pamilyang Pilipino Program […]
Read MoreLocal businesses have reacted with confusion over the new “expensive and strict” fixed-price quarantine requirements, announced by the Ministry of Economy and Finance this week. New requirements will force all newly arrived foreigners to pay a set fee for their COVID-19 lab tests, quarantine, treatment services and cremation (if they die as a result of […]
Read MoreKUALA LUMPUR: Hair salons and shopping malls reopened, traffic jams returned and interstate travel resumed in Malaysia on Wednesday in a further easing of coronavirus restrictions to revive an economy hard hit by the pandemic. In the capital Kuala Lumpur, customers queued for temperature checks at malls while shop staff added the finishing touches to […]
Read MoreMANILA, Philippines — With public funds not enough to meet infrastructure needs, European businesses are calling on governments in Southeast Asia to create a favorable environment to encourage greater private sector participation in projects. In a report titled “Bridging the Gap: Funding of Sustainable Infrastructure in ASEAN (Association of Southeast Asian Nations),” the European Union […]
Read MoreThe Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is encouraging the government to allow foreign investors to enter Thailand as part of efforts to cope with the sluggish economy. It is preparing to propose measures to screen business travellers to Prime Minister Prayut Chan-o-cha, who chairs the Centre for Covid-19 Situation Administration (CCSA), […]
Read MoreNearly 1 million tonnes of rice paddy were exported from Cambodia to Vietnam from January to June this year, with exporters claiming that the COVID-19 virus will not affect the Kingdom’s rice export industry. According to the Ministry’s Agriculture Department Cambodia officially exported 921,047 tonnes of rice paddy to Vietnam from January 1 to June […]
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