Covid Left Millions in Asia Struggling for Food

The pandemic hit Asia’s food supply hard, causing a sharp increase in the number of people unable to access enough food to stay healthy and feed their families. Women, children and the poor have suffered most.

Reviving the Economy and Resuming Travel and Tourism in the COVID-19 Era

The coronavirus disease (COVID-19) pandemic triggered an unprecedented collapse of the travel and tourism industry and the recovery is now expected to be slower than first thought. The Asia and Pacific region, alone, was expected to lose almost 70 million jobs and $1.1 trillion in GDP—more than any other region in the world.

Thailand cited as one of the ten most flood-affected countries in the world

Floods are by far the greatest natural hazard facing Thailand in terms of economic and human impacts. Thailand is cited as one of the ten most flood-affected countries in the world. Drought and cyclone impacts also represent major hazards. All may intensify in future climate scenarios.

Developing Asia growth set to rebound to 7.3% in 2021 (ADB)

Thailand slow vaccination progress coupled with a surge of infections has prompted Kasikorn Research Centre to lower its growth projection for the Thai economy this year from 2.6 percent to 1.8 percent. However, ADB’s forecast for Thailand growth in 2021 remains set at 3% (and 4.5% in 2022).

12 Things to Know about the ASEAN Catalytic Green Finance Facility (ACGF)

The ACGF is an ASEAN Infrastructure Fund initiative managed by ADB’s Southeast Asia Department Innovation Hub. It helps Southeast Asian governments prepare and finance infrastructure projects promoting environmental sustainability and contributing to climate change goals.

Can Fintech drive a strong post-COVID-19 recovery in Asia?

The pandemic has highlighted the power of digital technology. Now is the time to harness this power for inclusive growth so that communities, especially in poor and remote areas, can survive the crisis and thrive.

Asia’s supply chains to be tested by COVID-19 vaccine delivery

The global logistics company DHL estimates that global vaccine coverage will take around 200,000 pallet shipments and 15 million deliveries in cooling boxes as well as 15,000 flights.

ADB launches $9 billion vaccine initiative for Developing Asia

ADB’s $9 billion vaccine initiative, the Asia Pacific Vaccine Access Facility, or APVAX, will provide a comprehensive program to support developing Asia’s vaccine process.