GMS in the News

ADB's #SheExport Accelerator program has made a significant impact on Green Joy, a female-owned business based in Viet Nam specializing in crafting eco-friendly products made from grey sedge grass, which grows naturally in alkaline soils in the Mekong Delta and other provinces in Viet Nam. The grass plant, which is 1-2 meters in height and has a round and hollow stem, grows abundantly during the flood season.  In old times, farmers used the grass material to make handicrafts. In recent years, grey sedge grass has served as raw material to make straws.

Tech startups can provide needed digital solutions that can reinvigorate economies. However, findings from Cambodia, Thailand, and Viet Nam show that tech startups rely on an array of small financing sources and that venture capital is elusive. This webinar will discuss financing sources and policy options to support impactful tech startups in the greentech, agritech, edtech, and healthtech when patient capital is in short supply.

Through the ‘Made in Mon’ branding of local handicraft, women and the poor in Southeastern Myanmar are getting gainful employment opportunities.

ADB through a grant from the Japan Fund for Poverty Reduction initiated the project by upgrading handicraft production and processing facilities, providing design, manufacturing and marketing advice.

The Asian Development Bank, through a grant from Japan Fund for Poverty Reduction, supports 87,000 households in Myanmar to improve productivity and enhance livelihoods through community-driven development initiatives.