ASEAN+3 expects economic recovery with help of COVID-19 vaccine rollouts World

ASEAN+3 expects economic recovery with help of COVID-19 vaccine rollouts

Asian economies, hit hard by the coronavirus pandemic, are expected to recover this year with the help of COVID-19 vaccine rollouts, but still warned of downside risks stemming from the emergence of new mutations and differences in vaccination rates among nations, according to a joint statement.
Bank of Thailand holds interest rate at 1.75 percent World

Bank of Thailand holds interest rate at 1.75 percent

The Bank of Thailand (BoT) on May 8 held its benchmark interest rate unchanged for a third straight meeting, as widely expected, saying monetary policy remained accommodative while risks to financial stability remained.
Japan proposes currency swap deal to ASEAN ASEAN

Japan proposes currency swap deal to ASEAN

Japan on May 5 proposed a new type bilateral currency swap agreement, worth 40 billion USD, to the ASEAN to tackle short-time liquidity difficulties during crisis time, Kyodo News Agency reported.