Japanese Prime Minister Shinzo Abe recently declared a state of emergency for the coronavirus pandemic and unveiled a massive stimulus package to help the economy overcome the crisis.
The Asean Business Advisory Council (Asean-BAC), in pledging to work closely with Asean nations in their fight to contain Covid-19, has called on their leaders to take urgent measures to ensure there are uninterrupted production and supply chains of essential food and beverage.
At Thai Khu Fah Building, Government House, Prime Minister and Defense Minister Gen. Prayut Chan-o-cha attended the ASEAN+3 Special Summit via a video conferencing to discuss COVID-19 situation. Prof. Narumon Pinyosinwat, Government Spokesperson, disclosed gist of the meeting
It expects Singapore economy to shrink 3.5% this year, with a recovery to 3% growth in 2021
Leaders attending the online Special ASEAN+3 Summit on COVID-19 response, chaired by Việt Nam on Tuesday, shared experience and discussed concrete measures to stamp out the pandemic.
The ASEAN Secretariat has published its policy brief highlighting the economic impact of COVID-19 on ASEAN recently.
The ASEAN and ASEAN + 3 Special Summits on COVID-19 Response symbolise regional solidarity, said Secretary-General of ASEAN Dato Lim Jock Hoi in an interview with the Vietnam News Agency on Monday.