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Myanmar Approves Proposed ADB Loan for the Bago–Kyaikto Highway along GMS’ EWEC

Myanmar Approves Proposed ADB Loan for the Bago–Kyaikto Highway along GMS’ EWEC

Myanmar’s Union Parliament approved a proposed loan from the Asian Development Bank (ADB) worth around $483.8 million to finance construction of the Bago–Kyaikto highway. The Bago–Kyaikto highway lies along the Greater Mekong Subregion (GMS) East–West Economic Corridor (EWEC), which links Myanmar to Thailand, Lao People’s Democratic Republic, and Viet Nam, and Myanmar’s Thilawa Port in Yangon to Viet Nam’s Danang Port.

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ADB Highlights Support for GMS Transport and Economic Corridors in ASEAN Forum

ADB Highlights Support for GMS Transport and Economic Corridors in ASEAN Forum

The ASEAN Forum on Subregional Development discussed measures to link Mekong subregional cooperation programs with the ASEAN and other subregional groupings to achieve the common goal of narrowing development gaps and to build a stronger ASEAN community. The forum tackled solutions to promote coordination and connectivity among economic corridors in the region. Countries and involved parties were enjoined to work together on policies and mechanisms to address border gate issues.  

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6 Ways to Jumpstart a Green Recovery from COVID-19

6 Ways to Jumpstart a Green Recovery from COVID-19

In the popular imagination, the coronavirus disease (COVID-19) pandemic has been a boon for the natural world. With more than a third of the global population under some level of lockdown, we’ve delighted to see skies burst back into blueness and wild animals venturing into urban neighborhoods. It’s been easy to convince ourselves that wildlife and the environment have flourished. The truth, however, isn’t so reassuring. The pandemic has created an increase in poaching, animal trafficking, illegal fishing and other environmental crimes.

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Medical Supplies from Cambodia Helping ADB Developing Member Countries Fight COVID-19 Outbreak

Medical Supplies from Cambodia Helping ADB Developing Member Countries Fight COVID-19 Outbreak

In immediate response to global efforts to combat the pandemic, the Health Sector Group of the Asian Development Bank (ADB)’s Sustainable Development and Climate Change (SDCC) Department mobilized funding for Technical Assistance (TA) on Regional Support to Address the Outbreak of Coronavirus Disease 2019 (COVID-19) in the amount of $48.3 million in early 2020.

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ADB Approves $250 Million Loan to Support Cambodia's COVID-19 Response

ADB Approves $250 Million Loan to Support Cambodia's COVID-19 Response

The Asian Development Bank (ADB) approved on 8 July 2020 a $250 million loan to help the Government of Cambodia respond to the coronavirus disease (COVID-19) pandemic by strengthening the country’s health care system, increasing social assistance to the poor and vulnerable, and providing economic stimulus to businesses, including small and medium-sized enterprises.

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PACER Dialogue Tackles Tourism Recovery from the COVID-19 Outbreak

PACER Dialogue Tackles Tourism Recovery from the COVID-19 Outbreak

As countries in the Greater Mekong Subregion slowly move toward the ‘new normal,’ they are also enacting phased approaches to implement tourism recovery. The challenge for the subregion’s travel and tourism sector is to manage and mitigate the impact of the coronavirus disease (COVID-19), and build back a more sustainable, inclusive, and resilient tourism sector.