Facing ruin as orders from Western brands collapsed in the coronavirus pandemic, many Bangladeshi garment factories have been given a lifeline with orders to make protective masks, gloves and gowns fo…
World Bank approves US $500m to improve road connectivity in Western Region, Bangladesh
The World Bank has approved US $500m to help Bangladesh improve road connectivity along the Jashore-Jhenaidah corridor covering four western districts. The Western Economic Corridor and Regional Enhan…
Asean leaders vow to put economy back on track
Getting the sputtering Southeast Asian economy back on a growth path was the main focus of the meeting of Asean leaders in Hanoi on Friday, which discussed the social and economic impact caused by the…
Malaysia’s economy to bounce back to 6.9 per cent next year, World Bank said.
Malaysia’s economy is expected to bounce back sharply next year with a 6.9 per cent expansion, the World Bank said. But before that, the economy will likely have to deal with a painful 3.1 per c…
Malaysia Electronic Sports Federation Signs $3.2M Partnership With Dynasty Esports
The Malaysia Electronic Sports Federation has revealed a partnership with Dynasty Esports The deal is valued at RM140 million ($3.2M USD) over five years, according to the announcement, and it include…
Minister Airlangga: New Normal Boosts Indonesia’s Economy
Jakarta – Coordinating Minister for Economic Affairs Hartarto said Indonesia’s economic performance has begun to show positive signs and strengthened in mid-June 2020 in line with the enforcemen…
Thailand: B310bn farm rehab scheme to begin
An agricultural rehabilitation scheme worth 310 billion baht is set to begin this month, helping 2 million people who lost jobs and returned to their home provinces, says Deputy Prime Minister Somkid …
World Economic Outlook Presentation – June 2020 Update
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Pandemic, ADB Forecasts Indonesia’s Economy to Recover in 2021
The Asian Development Bank (ADB) recent forecast stated that Indonesia’s economy is expected to contract by 1.0% in 2020. But the country’s economic growth would reach 5.3% in 2021, due to stronger ho…
China’s Border Conflict Not Limited To India; Japan, ASEAN Also Facing Hostilities
The Galwan region’s Patroling point-14 witnessed the deaths of numerous Indian and Chinese soldiers as the border spat in the Himalayas turned violent. An Indian controlled area, the Galwan region is …