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ADB approves $400 million loan for Philippines agriculture support

MANILA, Philippines — The Asian Development Bank (ADB) has approved a $400-million policy-based loan for the Philippines to support reforms aimed at improving productivity in the agriculture sector. The multilateral bank said the Competitive and Inclusive Agriculture Development Program Subprogram 1 would  help the government expand economic opportunities in the farm sector by implementing trade […]

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Cambodia: Ministry of Post urges telecom operators to implement the law on telecommunications

The Ministry of Post and Telecommunications has reminded the Kingdom’s telecom operators to implement the law on telecommunications, according to Telecommunication Regulator of Cambodia (TRC). According to the announcement, the ministry notes that some telecom operators have yet to comply with the laws such as regulations and terms of the relevant licenses, the operation of […]

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Malaysia: Ringgit retreats ahead of GDP announcement

KUALA LUMPUR: The ringgit retreated from the 4.18 level recorded yesterday ahead of the second quarter (Q2) gross domestic product (GDP) announcement later today and key trade talks between the United States and China meeting tomorrow. A 9.01 am, the local note was traded lower at 4.1940/2010 from 4.1880/1930 at Thursday’s close. AxiCorp chief global […]

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Indonesia: Government pushes for digital transformation to boost efficiency

The government is pushing for digital transformation in a bid to boost efficiency and cut operational costs as it lags behind other countries in implementing digital regulations and services. The coronavirus pandemic has accelerated the country’s digital transformation, according to Deputy Finance Minister Suahasil Nazara, who said that the government should make digital transformation its […]

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Thailand: No end in sight for flights ban

The ban on international commercial flights will remain in force while the Covid-19 pandemic situation remains critical in many countries, the Civil Aviation Authority of Thailand (CAAT) said on Wednesday. It is an indefinite ban, said CAAT director Chula Sukmanop and the Centre for Covid-19 Situation Administration (CCSA) would monitor the global situation before deciding […]

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