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ADB Launches Instagram Photo Contest on Development Progress in the Mekong Subregion

MANILA, PHILIPPINES (8 January 2018) — The Asian Development Bank today launched a photo contest on Instagram to showcase the development progress in the Greater Mekong Subregion and demonstrate how a focus on increased regional cooperation and integration can improve people’s lives.

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Langda Chea entered BookMeBus in the Market Access Program of Mekong Innovative Startups in Tourism (MIST), which helps mature startups in the Mekong region to expand into new markets. Photo courtesy of MIST.

Opening Opportunities for Local Startups in the Mekong Region

The Mekong Business Initiative, sponsored by the Australian Government and the Asian Development Bank, is sourcing international investment and facilitating regional expansion for innovative startups.

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ADB to Improve Economic Connectivity, Standard of Living in Viet Nam's Northeastern Provinces

HA NOI, VIET NAM (18 December 2017) — The Asian Development Bank’s Board of Directors has approved a $150 million loan to help improve economic connectivity and raise living standards in four of Viet Nam’s northeastern provinces by enhancing basic infrastructure and services.  

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ADB, Lao PDR Sign Agreement to Enhance Sanitary, Phytosanitary Management Systems

Lao PDR Deputy Minister of Finance Thipphakone Chanthavongsa (seated, right) and ADB Country Director for the Lao PDR (seated, left) Yasushi Negishi signed the additional grant agreement in Vientiane. Deputy Minister of Agriculture and Forestry Phouangparisak Pravongviengkham (standing, second from right) also attended the signing ceremony.

ADB, Lao PDR Sign Agreement to Enhance Sanitary, Phytosanitary Management Systems

VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (20 November 2017) —The Asian Development Bank and the Government of the Lao People’s Democratic Republic signed an agreement on 13 November for a $10 million grant as additional financing for a project that will enhance sanitary and phytosanitary capacity and improve food safety as well as plant and animal safety in the country.

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Cargo trucks pass through the Second Lao–Thai Friendship Bridge over the Mekong river, which connects Savannakhet City with Mukdahan province. The bridge has helped improved the Lao PDR’s access to seaports in neighboring countries. Photo: ADB.

Lao PDR Steps Up Its Bid to Become a Logistics Hub with First Dry Port

The Lao People’s Democratic Republic is operating its first dry port in Savannakhet province, where it is strategically positioned along the Greater Mekong Subregion East-West Economic Corridor, at the mid-point between the nearest Vietnamese seaport of Danang, and Thai ports in Bangkok and Laem Chabang.

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The additional financing will scale up efforts to improve food safety and ensure plant and animal health, as part of an initiative to improve sanitary and phytosanitary capacity in the Lao PDR. Photo: ADB.

ADB Funds to Scale Up Sanitary, Phytosanitary Efforts in Lao PDR

VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (4 October 2017) — The Asian Development Bank’s Board of Directors has approved a $10 million grant to the Lao People’s Democratic Republic as additional financing to scale up efforts to improve food safety and ensure plant and animal health, as part of an initiative to improve sanitary and phytosanitary capacity in the country.

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Rural communities in the Greater Mekong Subregion are vulnerable to climate-related disasters, such as floods, droughts, and storms. Risk financing can help people protect their livelihood and productive assets better through a combination of risk retention, risk sharing, and risk transfer mechanisms. Photo: ADB.

How Risk Financing Can Help Mekong Farmers Cope with Disasters

Risk financing can help at-risk communities better cope with the economic costs of natural disasters and extreme weather.

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