HO CHI MINH CITY/TOKYO -- To rebound from a "scarring" pandemic, Southeast Asia must invest in a stronger and faster internet and cooperate on greener infrastructure to bolster trade, according to the Asian Development Bank.
The region needs climate-friendly tourism, supply chains and digital businesses to bounce back from a pandemic that already has lopped 10% off the Southeast Asian economy, the ADB said in a report on Wednesday. It aims to deliver $100 billion in financing from 2019 to 2030 to ensure a clean economy that "works for everyone," ADB President Masatsugu Asakawa said.
