Asean
UN notes growth of good corporate citizenship among Asia-Pacific enterprises
Although more companies in Asia and the Pacific are taking into account such issues as environmental and social concerns there needs to be a sustained effort to ensure that corporate social responsibility (CSR) is integrated into the operations of all businesses, according to a pair of meetings organized by ESCAP.
Although more companies in Asia and the Pacific are taking into account such issues as environmental and social concerns there needs to be a sustained effort to ensure that corporate social responsibility (CSR) is integrated into the operations of all businesses, according to a pair of meetings organized by ESCAP.
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UN notes growth of good corporate citizenship among Asia-Pacific enterprises
Asean
The Latest on Covid-19 in Southeast Asia
Thailand has largely avoided widespread community transmission of Covid-19, but the kingdom is not faring well on the economic front, with a projected contraction of 7.1 percent this year.

As a region, Southeast Asia has fared relatively well in keeping coronavirus cases low, with the notable exceptions of the Philippines and Indonesia.
(more…)Laos
China’s debt-trap diplomacy: Laos’ credit rating downgraded to CCC
Laos’ debt challenge is deeply concerning, with some media commentators suggesting the country is falling into a debt trap as a result of Chinese infrastructure investments connected to the Belt and Road Initiative (BRI)

On 23 September, the Fitch Ratings agency downgraded Laos’ credit rating to CCC — the second downgrade in 2020, having dropped to B- in May.
(more…)Vietnam
Foreign capital still heads to Vietnam
As many as 798 projects added a combined over 5.11 billion USD to their investment capital, down 23 percent year-on-year in project number but up 6.8 percent in value.

Hanoi (VNA) – The total amount of foreign investment poured into Vietnam this year to September 20 reached 21.2 billion USD, equivalent to 81.8 percent of the same period last year, reported the Ministry of Planning and Investment.
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