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Webinar: Maintaining Finance for Firms Impacted by COVID-19: Perspectives for East Asia

May 4-5, 2020


  • Tuesday May 5, 2020 | 9:30 am – 11:00 am (Malaysia Time)

    Monday May 4, 2020 | 9:30 pm – 11:00 pm (Eastern Daylight Time)

    East Asian firms have been severely impacted by COVID-19, and policy makers are exploring the most efficient and effective interventions to help firms maintain financing to cope with the severe drop in economic activity in the wake of the crisis. Panelists will discuss the impact of the crisis and various policy initiatives on the functioning, resilience, and stability of the financial system. Ilhyock Shim will discuss the collapse of financial markets in emerging economies, and Sergio Schmukler will discuss options to finance firms in East Asia during the crisis. Yi Huang and Joseph Cherian will discuss the cases of China and Singapore respectively and their policy responses to maintain firm finance.

    This webinar is being hosted by the World Bank Group Knowledge and Research Hub in Malaysia, the FCI Global Practice, and the Development Research Group as part of their webinar series on addressing the impacts of the COVID-19 Pandemic.


    If you have questions during the Q&A period, please ask them via the Youtube chat function. Note the Youtube link is accessible to both World Bank Group and external participants.

    For questions, please contact:  Ruzita Ahmad (


    Alfonso Garcia Mora, Global Director, The World Bank Group


    • The Impact of COVID-19 on Financial Market: Ilhyock Shim, Head of Economics and Financial Markets for Asia and the Pacific, Monetary and Economic Department, Bank for International Settlements
    • Financing Firms during the COVID-19 Pandemic: Sergio Schmukler, Lead Economist and Acting Research Manager, Development Research Group, The World Bank Group (joint work with Tatiana Didier, Federico Huneeus, and Mauricio Larrain)
    • COVID-19 and the Chinese Corporate Bond Market: Yi Huang, Associate Professor of International Economics, The Graduate Institute, Geneva (joint work with Jun “QJ” Qian, Dora Xia, and Yaya Yu)
    • Maintaining Financing for Firms: Perspectives from Singapore: Joseph Cherian, Practice Professor of Finance, National University of Singapore


  • Time (Eastern Daylight Time) - Monday May 4, 2020 : 9:30 pm – 11:00 pm
  • Time (Malaysia Time) - Tuesday May 5, 2020 : 9:30 am – 11:00 am
  • WATCH: YouTube Live