Asean

UN report provides year-end snapshot of Asia-Pacific’s recovery

As 2009 draws to a close, ensuring sustained recovery in the new global economic panorama has brought greater prominence to the role of regional cooperation in Asia and the Pacific, and of the need for the region to drive its own development in order to act as an anchor for global recovery in the future, according to a year-end update of the Economic and Social Survey of Asia and the Pacific 2009, which will be launched on Monday, 30 November, at 11 a.m., at FCCT in Bangkok.

Published

11 years ago

November 25, 2009

Boris Sullivan

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UN report provides year-end snapshot of Asia-Pacific?s recovery from economic crisis

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.

Published

2 months ago

November 5, 2020

Headline Editor

As a region, Southeast Asia has fared relatively well in keeping coronavirus cases low, with the notable exceptions of the Philippines and Indonesia.

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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)

Published

2 months ago

November 2, 2020

Boris Sullivan

On 23 September, the Fitch Ratings agency downgraded Laos’ credit rating to CCC — the second downgrade in 2020, having dropped to B- in May.

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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.

Published

3 months ago

October 5, 2020

Bui Dung

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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