The Manila-based Asian Development Bank (ADB) has approved a $250-million loan to support Papua New Guinea’s response to the coronavirus disease (COVID-19) pandemic, according to the lender’s announcement.
TOKYO -- Japan and Kuwait will create a joint petroleum reserve for energy-hungry Southeast Asia, which lacks sufficient buffers against oil supply instability.
The Indian economy is witnessing a V-shaped recovery as the Gross Domestic Product (GDP) has recorded a quarter-on-quarter growth of 23 per cent in the July-September quarter of this fiscal, according to the Finance Ministry’s latest Monthly Economic Review.