Thailand unveils additional 4.5-billion-USD stimulus package
The Thai Government on June 1 approved a new economic stimulus package worth 140 billion baht (4.5 billion USD) to mitigate the economic impact of the COVID-19 pandemic.
Indonesian State banks to disburse 6.32 billion USD to help businesses
The State-Owned Banks Association (Himbara) on July 2 expressed optimism that its bank members can disburse up to 90 trillion Rp (6.32 billion USD) in loans to help small businesses recover from the severe economic impact of the COVID-19 pandemic.
Around 61 percent of customers not offered relief by landlords: CBRE
Around 61 percent of respondents have not been offered relief by landlords, a flash survey of the impacts of COVID-19 done by CBRE has found.
Ministry proposes 843 million USD bailout package for businesses during COVID-19
The Ministry of Labour, Invalid and Social Affairs has proposed the Government issue a 20 trillion VND (843 million USD) bailout package to soften the economic impact of the COVID-19 pandemic.
Cambodia’s economy to lose 390 million USD, worst hit in ASEAN
The Asian Development Bank (ADB) forecast Cambodia will lose more than 390 million USD due to the economic impact of the novel coronavirus disease (COVID-19) outbreak this year, the Phnom Penh Post reported.
Thailand: Delay in new gov’t formation to affect economy
Governor of the Bank of Thailand (BoT) Veerathai Santiprabhob has raised concerns about economic impact of a possible delay in the formation of a new government.
TPP to bring positive economic growth for Vietnam: agencies
International credit rating agencies on October 12 said the Trans-Pacific Partnership (TPP) deal was credit positive for participating sovereigns including Vietnam.