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AIIB approves loan to support Mongolia's COVID-19 response
Its board of directors has approved a loan of 100 million U.S. dollars to Mongolia to support its COVID-19 Rapid Response Program.
FDI net inflows into Philippines reach 507 mln USD in March
Foreign direct investment (FDI) net inflows into the Philippines reached 507 million U.S. dollars in March.
S.Korea's overseas direct investment posts double-digit fall in Q1
Overseas direct investment amounted to 12.62 billion U.S. dollars in the January-March quarter, down 15.3 percent from a year earlier.
U.S. new jobless claims slow as states reopen
First-time jobless claims continued to decline last week as states ease COVID-19 containment measures in the United States.
New study finds blood type affects risk of severe COVID-19 infection
A new genetic analysis of COVID-19 patients suggests that blood type might influence whether someone develops severe COVID-19.
Brazilian economic activity drops 9.73 pct in April
Economic activity in Brazil registered a 9.73 percent drop in April compared to March, marking the biggest decrease since records were kept in 2003.
ADB projects Bangladesh's economy to grow 4.5 pct in 2019-2020 fiscal
Gross domestic product (GDP) of Bangladesh is expected to grow by 4.5 in FY 2020 and 7.5 percent in FY 2021."
ECA pushes for unique economic diversification agenda for Central Africa
The United Nations Economic Commission for Africa (ECA) is pushing for an industrial and economic diversification masterplan.
Kazakh first president Nazarbayev tests positive for COVID-19:
Nursultan Nazarbayev, the first president of Kazakhstan, has tested positive for COVID-19 and is on self-isolation.
Fitch lowers outlook on India to ＂negative＂
Credit rating agency Fitch said it revised its outlook on India to "negative" from "stable" and affirmed the rating at "BBB-",.
ADB revises Philippine DGP growth forecast to shrink 3.8 pct in 2020
The Asian Development Bank revised down Philippine economic growth forecast to 3.8 percent contraction for 2020.
ADB slashes growth forecast for developing Asia to 0.1 pct in 2020
Developing Asia will barely grow in 2020 as containment measures to address the COVID-19 pandemic hamper economic activity and weaken external demand.
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Feature: Tourism rejuvenates old Silk Road town
