DOF secures US$17-B external financing in 2020 for budgetary support and key projects
The Philippines Department of Finance (DOF) has contracted a total of US$17.06 billion in affordable financing from external sources in 2020 for critical infrastructure projects...
Myanmar Military Detains Aung San Suu Kyi
Myanmar leader Aung San Suu Kyi and other top government figures have been detained "by the military," a spokesman for the governing National League for...
Rare protest by LGBT Activists in Singapore
Singapore authorities have arrested three LGBT rights protesters for taking part in a rare protest. According to local media, they were triggered by the government's...
Malaysia’s King declares COVID-19 emergency
Malaysia today declares a state of emergency to stem the spread of COVID-19. The estimates say the duration of the emergency may last until Aug....
KL-Singapore HSR terminated following lapse in deadline
The Kuala Lumpur-Singapore High-Speed Rail (HSR) project has been terminated, after both countries disagreed on Malaysia's changes by the deadline of Dec 31, 2020. Prime...
Malaysian Economy Showing Signs on Recovery for 2021
Malaysia’s economy is expected to grow by 6.7 percent in 2021 following a projected contraction of 5.8 percent in 2020 caused by the COVID-19 pandemic....
ADB to help Indonesia PLN expand access to electricity for all Indonesians
The Asian Development Bank (ADB) has approved a $600 million loan to help the State Electricity Corporation (PLN), expand electricity access and promote renewable energy...
Thai King to Donate Personal Funds Prison Project to Improve Prison Inmate Health
His Majesty King Maha Vajiralongkorn Phra Vajiraklaochaoyuhua donated 128 million baht from his personal funds. The donation is to support the second phase of the...
Fugitive Jho Low now claims 1MDB billions were “loans” to him
Fugitive businessman Low Taek Jho has claimed that millions of dollars siphoned from 1Malaysia Development Berhad (1MDB), Malaysia's debt-ridden state fund, were merely loans to...
EU commits new grants to Philippines Government
The European Union (EU) has committed an additional 150 million euros-worth of grants to the Philippines. Two-thirds of the fund will firstly, help finance programs...