PHNOM PENH, CAMBODIA (4 July 2018) — The Asian Development Bank’s Board of Directors has approved a $90 million loan to help Cambodia strengthen climate resilience and modernize the agriculture sector using advanced technologies.
BANGKOK, THAILAND (4 July 2018) — The Asian Development Bank and the Government of Thailand today signed a $99.4 million loan agreement to help the country upgrade 125 kilometers of highways and improve road safety management in the country’s northeastern region.
PU’ER CITY, PEOPLE’S REPUBLIC OF CHINA (31 May 2018) — Senior agriculture officials from the six member countries of the Greater Mekong Subregion agreed to increase regional cooperation in food safety, boost the trading of climate-friendly agriculture products, and accelerate the implementation of the five-year GMS Strategy and Siem Reap Action Plan endorsed by the Second GMS Agriculture Ministers’ Meeting.
MANILA, PHILIPPINES (13 April 2018) — The Asian Development Bank’s Trade Finance Program and Orient Commercial Bank today signed a $10 million loan agreement to further support trade in Viet Nam.
YANGON, MYANMAR (11 April 2018) — Myanmar’s economy is projected to stay on a steady growth path over the next two years, supported by economic reforms, strong global growth, and higher foreign direct investment flows, according to a new Asian Development Bank report launched today.
PHNOM PENH, CAMBODIA (11 April 2018) — Cambodia’s economy is expected to grow at 7% in 2018 and 2019, bolstered by solid global economic growth, according to the Asian Development Bank's flagship annual economic publication, Asian Development Outlook 2018, released today.
HONG KONG, CHINA (11 April 2018) — Strong consumer spending, rising exports, and steady public spending are helping the world’s second largest economy maintain its growth momentum, but tax and other structural reforms are needed in the People’s Republic of China for continued inclusive and sustainable development, according to a new report by the Asian Development Bank.
HA NOI, VIET NAM (31 March 2018) — Asian Development Bank President Takehiko Nakao today congratulated the six member countries at the Summit of the Greater Mekong Subregion on 25 years of successful regional cooperation. He reaffirmed ADB’s continued support to the program, with $7 billion expected over the next 5 years to help the subregion achieve inclusive growth and sustainable development.
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.
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.