Meeting promotes ASEAN-EAS cooperation in adapting to COVID-19 ASEAN

Meeting promotes ASEAN-EAS cooperation in adapting to COVID-19

Senior experts from the East Asia Summit (EAS) have gathered at an online meeting to discuss cooperation orientations in responding to the COVID-19 pandemic, co-chaired by Vietnam, as the Chair of ASEAN and EAS 2020, and Indonesia as the Chair of the ASEAN Senior Officials Meeting on Health Development (SOMHD).
China, Cambodia sign free trade agreement World

China, Cambodia sign free trade agreement

China and Cambodia signed a free trade agreement (FTA) in Phnom Penh on October 12, with Cambodian Prime Minister Hun Sen and visiting Chinese State Councilor and Foreign Minister Wang Yi attending the signing ceremony.
Cambodia launches FTA negotiation with Mongolia World

Cambodia launches FTA negotiation with Mongolia

Preparation for negotiations on a free trade agreement (FTA) between Cambodia and Mongolia has been kick-started in the first inter-ministerial meeting engaging the working group tasked for the negotiations, Cambodia's news agency AKP reported on October 1.
WB: Indonesia’s economy to contract faster than expected World

WB: Indonesia’s economy to contract faster than expected

Indonesia’s economy could contract more than expected if the coronavirus pandemic remains uncontrolled, as Southeast Asia’s largest economy faces an “uneven and volatile” economic recovery, according to the World Bank (WB).
EU partners with ASEAN nations on counterfeit drug prevention ASEAN

EU partners with ASEAN nations on counterfeit drug prevention

EU Ambassador to ASEAN Igor Driesmans said the EU has launched a new social media campaign entitled “Your Health Is Priceless” which aims to raise awareness of the harms that counterfeit pharmaceutical and healthcare products can cause falsified medicines in Southeast Asia.
WB lowers Malaysia’s 2020 growth forecast to -4.9 pct ASEAN

WB lowers Malaysia’s 2020 growth forecast to -4.9 pct

The World Bank (WB) has revised down Malaysia’s economic growth forecast this year to a contraction of 4.9 percent, from an early estimate of minus 3.1 percent, following a sharper than expected contraction in the second quarter of 2020.
Vietnam - a development success story: WB official at VDRF 2020 Business

Vietnam - a development success story: WB official at VDRF 2020

With its outstanding achievements over the past three decades, Vietnam is a development success story and continues to perform well even in the pandemic on a range of indicators, including trade, growth and human capital, Victoria Kwakwa, Vice President for East Asia and the Pacific at the World Bank, has said.
Improving sentiment lifts emerging East Asian bonds Business

Improving sentiment lifts emerging East Asian bonds

The improvement of global investment sentiment and financial conditions has provided a much-needed lift for local currency bond markets in emerging East Asia, including Vietnam, despite risks from the COVID-19 pandemic, according to the latest issue of the Asian Development Bank’s (ADB) Asia Bond Monitor.