Indonesia diversifies supply of COVID-19 vaccine World

Indonesia diversifies supply of COVID-19 vaccine

Indonesian Foreign Minister Retno Marsudi and State-owned Enterprises Minister Erick Thohir left for official visit to the UK and Sweden on October 12. The visit aims to secure commitments from other sources for a COVID-19 vaccine under a bilateral vaccine cooperation framework.
Thailand’s GDP to fall 7-9 percent in 2020 World

Thailand’s GDP to fall 7-9 percent in 2020

Thailand's Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) predicted that the country’seconomy will contract by 7-9 percent this year, although exports could shrink less than previously projected, because the coronavirus pandemic remains a risk.
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).
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.