Thailand spends $560 million on EEC development

The official said Thailand wants to speed upinvestment in the region, especially in transport, adding that the government isapplying a holistic approach to budget allocation as it needs efficientcoordination between many state agencies and educational institutions.

Nigeria faced with unprecedented economic challenge – Osinbajo

READ ALSO: COVID-19: Buhari’s daughter rejoins family after self-isolation While inaugurating the committee, Osinbajo noted:  “What Mr President has asked us to do is to devise a strategy in order to be able to keep the economy going and also make provisions to ensure that we are able to retain jobs and indeed create more.

Philippine economic growth to fall to 2.0 pct in 2020 due to COVID-19

MANILA, April 3 (Xinhua) — The Philippine economic growth is projected to fall to 2.0 percent in 2020 before a strong recovery to 6.5 percent in 2021, assuming COVID-19 outbreak is contained by June this year, according to a new report by the Asian Development Bank (ADB) released on Friday.

EU worried about recent political developments in Zimbabwe: memo

But, like Mugabe, he blames sanctions for the country’s economic ills and says they are designed to remove the ruling ZANU-PF party from power. Critics also say that since Mnangagwa came to power, he has cracked down on opposition parties.

As the coronavirus triggers a global economic crisis, just how bad could it get?

“It may be a plausible strategy to say: We need to make sure we don’t have these huge supply chains that stretch around the world, we need to make things at home, ” he says. “And that’s something which would pander to the Trump and Brexit narrative.”

Vietnam’s economic growth down to 4.8 pct in 2020 due to COVID-19: ADB

ADB lowered the growth forecast as the ongoing spread of COVID-19 which could have an impact on the country, creating shocks to both supply and demand in almost every area of the economy, said the report.

Our post-pandemic selves: why the virus is an opportunity to grow and develop

After the adjustment period follows a time of re-evaluation – essentially, a time in which we decide which behavioral changes we made during a crisis we will abandon, and which we will sustain. Early market research on re-evaluation in China reveals that people intend to resume spending money on many pre-quarantine pleasures like eating in […]

AIIB Pledges $5bn For Crisis Recovery Facility to To Fight, Tackle Economic Shock Of COVID-19 Crisis

The news comes after the bank announced in February donations of $1mn USD and 40 tonnes of supplies to frontline healthcare professionals in Wuhan and Beijing at the height of the crisis in February. The organisation said at the time it planned to work with the Chinese government to boost national emergency public health infrastructure […]

Mascots unveiled for Hangzhou 2022 Asian Games

“They not only register the joy of sports but also represent the distinction of cultural and economic development, so much so that they are in line with the character of Hangzhou and echo the emblem and slogan of the Hangzhou Asian Games.”