Monday, October 22, 2018 - 1:50:54

Asian Development Bank

Vietnam keeps up strong growth in first half: ADB

Business

Vietnam keeps up strong growth in first half: ADB

The Vietnamese economy continued its strong performance in the first half of 2018, although external and domestic challenges could affect the country’s growth outlook for this year and next year, the Asian Development Bank (ADB) said in a new report.

ADB approves 7.8 bln USD credit package for Philippines’ economic growth

World

ADB approves 7.8 bln USD credit package for Philippines’ economic growth

The Asian Development Bank (ADB)’s Board of Directors has approved a new six-year country partnership strategy with the Philippines, under which the bank will provide a credit package worth 7.8 billion USD to the Southeast Asian country until 2021 to support it in attaining sustained high and inclusive economic growth.

ADB loan helps Philippines expand financial services

World

ADB loan helps Philippines expand financial services

The Asian Development Bank (ADB) on September 19 announced that it had approved a 300 million USD loan to support the Philippine government's effort to expand financial services across the country, especially among entrepreneurs, small businesses, farmers, workers, and individuals, including women and vulnerable households.

Philippines' external debt strongly drops

ASEAN

Philippines' external debt strongly drops

The Philippines' outstanding external debt stood at 72.2 billion USD by the end of June 2018, down by 997 million USD or 1.4 percent from the end of March 2018, the country’s central bank has announced.

Blockchain technology benefits SMEs, developing countries: report

Business

Blockchain technology benefits SMEs, developing countries: report

Blockchain could bring a commercial benefit of 1 trillion USD, mostly for small- and medium-sized enterprises (SMEs) as well as for some newly-emerged markets which suffer most from a lack of access to credit and have ample room to grow trade, including Vietnam, according to a new report jointly released by Bain & Company and the World Economic Forum (WEF).