Indonesia announces 8.1 bln USD stimulus package to fight COVID-19 World

Indonesia announces 8.1 bln USD stimulus package to fight COVID-19

The Indonesian government announced on March 13 that it will allocate 120 trillion rupiah (8.1 billion USD) from the state budget to stimulate the economy by providing tax incentives and subsidies for workers, businesses and families affected by the COVID-19 outbreak.
Train services derailed by funding chaos Business

Train services derailed by funding chaos

Vietnam could cease to have an operating train system in less than two weeks unless a funding issue at the Vietnam Railways Corporation (VNR) is resolved, an official has said.
Capital convergence helps boost poverty reduction Society

Capital convergence helps boost poverty reduction

The policy of concentrating trusted capital from the local budget to support the poor to the Vietnam Bank for Social Policies (VBSP) has generated a motivation boosting the country’s economic development.
Six localities get rice aid Society

Six localities get rice aid

Prime Minister Nguyen Xuan Phuc has agreed to provide food aid for six provinces on the occasion of the Tet (Lunar New Year) festival.