JICA Approves Loans for Vietnam

JICA Approves Loans for Vietnam

The Japan International Cooperation Agency (JICA) has signed three loan agreements with the Government of Vietnam to provide an Official Development Assistance (ODA) loan of up to JPY60.983 billion (US$422 million) for the country’s post-COVID recovery and key...
Asian Central Banks Playing Catch-Up

Asian Central Banks Playing Catch-Up

After having a tight monetary policy for a year, Asian central banks are suddenly forced to rethink their monetary policy in order to tackle rising inflation and defend weakening currencies. Singapore and the Philippines surprised markets with unscheduled tightening...
Rising Oil Prices Are Unsettling Asia

Rising Oil Prices Are Unsettling Asia

Surging gasoline prices are posing a problem for governments in Asia where higher energy prices are squeezing household budgets. South Korea has already taken steps to ensure a steady supply of the key fuel while tracking prices, Japan may soon hand aid to local...