ASEAN+3 to create new financing facility against regional crises

ASEAN+3 to create new financing facility against regional crises

South Korea, China and Japan agreed last Friday to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Asean+3 ought to reinvent climate finance for the Asian century

Asean+3 ought to reinvent climate finance for the Asian century

To achieve carbon neutrality, Asean+3 countries must overhaul their economic strategies, which will almost certainly mean a period of slower growth. By mobilizing public and private climate finance, however, policymakers could mitigate the transition’s impact and create a greener and more resilient continent, write Masyita Crystallin and Marthe Hinojales.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam to grow 7% on strong recovery amid external headwinds: AMRO

Vietnam to grow 7% on strong recovery amid external headwinds: AMRO

Vietnam’s GDP growth is expected to rebound to 7% this year on the back of strong external demand, a recovery in domestic demand, and strong foreign direct investment inflows, says the ASEAN+3 Macroeconomic Research Office (AMRO).

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

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