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In Thailand, women accounted for 60% of all job losses, including 90% in manufacturing. Photo credit: ADB

Job Losses in Southeast Asia Peak during Strictest COVID-19 Curbs

The coronavirus disease (COVID-19) pandemic pummeled Southeast Asian economies, leading to major job losses across many sectors due to government lockdowns and movement restrictions in 2020, says a new report from the Asian Development Bank (ADB).




A reinvigorated multilateralism can and must respond faster to take on new challenges and expand provision of public goods.

Combating COVID-19 and Ensuring No One is Left Behind - Bambang Susantono, Armida Salsiah Alisjahbana and Kanni Wignaraja

If the world wants to beat back the COVID-19 pandemic and ensure no one is left behind in the recovery, two issues thrown into sharp relief by the pandemic need attention: digitalization and regional cooperation.


The Government of Japan's Grant is the first seed financing to be announced for the Energy Transition Mechanism, which is being studies and piloted in Southeast Asia, starting with Indonesia and the Philippines.

Japan Announces $25 Million for ADB-Led Energy Transition Mechanism in Southeast Asia

The Government of Japan today announced a grant of $25 million toward the Energy Transition Mechanism (ETM) partnership led by the Asian Development Bank (ADB).


New ADB Facility to Help Southeast Asia Revive Tourism and Boost Sustainable, Inclusive Investments

 The Asian Development Bank (ADB) has set up a $1.7 million technical assistance facility to accelerate Southeast Asia’s tourism recovery from the coronavirus disease (COVID-19) pandemic, boost inclusive, sustainable development in the sector, and help local tourism entrepreneurs, especially women and youth, adopt digital platforms to grow their businesses.

 



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