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The Asian Development Bank (ADB) has secured funding from the Green Climate Fund (GCF) for its climate change project in Cambodia.
The Mekong Business Initiative, sponsored by the Australian Government and the Asian Development Bank, catalyzes lending to promising small and medium enterprises.
The Stock Exchange of Thailand plans to launch a pan-Mekong board and index to tap growing investor interest in developing Mekong economies. The plan, however, is still in its early stages and has not yet reached the Securities and Exchange Commission.
The Lao People’s Democratic Republic (Lao PDR) began project preparations for a highway that extends from its capital Vientiane to Pakse city in the southern province of Champasak. The project is part of a highway that will connect Vientiane with Viet Nam’s capital Hanoi.
BANGKOK, THAILAND (23 February 2018) — The Asian Development Bank signed a loan equivalent of up to $235 million with B.Grimm Power Public Company Limited, one of the largest power producers in Thailand, to develop and enhance renewable energy capacity in member countries of the Association of Southeast Asian Nations.
Launched in 2006, the Core Environment Program supports environmental cooperation efforts to contribute to a vision of an ecologically rich subregion free of poverty.
The new 5-year strategy will focus on three priority thematic areas: green technologies and sustainable infrastructure, natural resources and ecosystem services, and climate resilience and disaster risk management.
The Asian Development Bank announced the winners of its Instagram photo contest, which was held to showcase the development progress in the Greater Mekong Subregion in celebration of the 25th anniversary of the GMS program.
The German government is supporting two projects between Cambodia and the Lao People’s Democratic Republic (Lao PDR), and between Cambodia and Thailand to better manage resources in the Mekong River basin and address flood and drought issues.
This review recommends possible extension and/or realignment of economic corridors to enhance their effectiveness and efficiency in advancing economic integration in the Greater Mekong Subregion.
Countries in the Greater Mekong Subregion are close to full employment. However, workers in vulnerable jobs are alarmingly high
The Lao People’s Democratic Republic (Lao PDR) has made progress in transforming itself from a landlocked to a “land-linked” economy. However, high logistics costs affect its continued growth, particularly its trade competitiveness.
HONG KONG, CHINA (2 February 2018) — The Asian Development Bank today signed a $100 million loan facility agreement with China Everbright International Limited to help a series of municipal waste-to-energy plants in primary and secondary cities in the Mekong Delta.
CHIANG MAI, THAILAND (1 February 2018) — Environment ministers from the six countries of the Greater Mekong Subregion endorsed a 5-year environment agenda that includes more than $540 million worth of priority projects to spur green investments and increase environmental cooperation to help the subregion achieve sustainable growth.