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4% interest rate on CPF Special, Medisave and Retirement accounts extended to end-2023

Singapore News - The 4 per cent floor rate for interest earned on all Special, MediSave and Retirement Account (SMRA) monies has been extended for another year until Dec 31, 2023. In a joint statement on Wednesday, the Housing Board (HDB) and Central Provident Fund (CPF) Board said CPF. Read more at www.tnp.sg ....

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ADB Supports Export–Import Bank of Thailand's First Green Bond Issuance

ADB is supporting the Export–Import Bank of Thailand, a specialized state-owned financial institution, in issuing its first green bond in accordance with the ASEAN green bond standards. ....

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ADB cuts India's GDP growth forecast for FY23 to 7 pc on high inflation, monetary tightening

The ADB expects the Chinese economy to expand by 3.3 per cent in 2022 rather than the 5 per cent forecast earlier. Lockdowns from the zero-COVID strategy, problems in the property sector, and weaker external demand continue weighing on the economic activity in China, said the report. ....

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Strong Economic Fundamentals—Key to Fast Recovery in Viet Nam, Says ADB

ADB has maintained its favorable economic outlook for Viet Nam as it forecast gross domestic product to expand 6.5% in 2022 and 6.7% in 2023, based on the update of its flagship economic report released today. ....

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Nepal's Economy to Modestly Expand in FY2023 | Asian Development Bank

Nepal’s economy is estimated to modestly expand by 4.7% (at market prices) in fiscal year (FY) 2023, down from an estimated growth of 5.8% in FY2022, says an update of the Asian Development Outlook (ADO) 2022. ....

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