Aid and development

As growing trade and investment linkages in Asia and the Pacific have helped to improve the region’s overall resilience to global economic and trade policy uncertainties, countries in the Greater Mekong Subregion (GMS) need to make swifter progress in streamlining trade through multilateral agreements that ...

[] To enhance its economic and political clout, China has made substantial inroads across Southeast Asia on the back of multi-billion-dollar infrastructure and investment deals like the one in Cambodia. This is how China will engage with the world for the foreseeable future. At the ...

[] “Myanmar’s macroeconomic environment remains stable, though economic growth is slowing to 5.9pc in 2016-17 compared to 7pc in 2015-16, weighed down by slower investment demand,” the Washington-based lender noted.Despite notable reforms and strong foreign investment commitments, investment demand decelerated as private investors bided their time ...

Cambodia as a member of the six-nation Greater Mekong Sub-region (GMS) endorsed a five-year action plan framework that includes $64 billion in projects to help the sub-region achieve inclusive growth and sustainable development. Keep reading   ...

The Asian Development Bank’s (ADB) Board of Directors has endorsed a new 4-year country partnership strategy (CPS), which is expected to deliver $421 million in assistance through 2020 to the Lao People’s Democratic Republic (Lao PDR).The new CPS will help the country achieve more inclusive ...

A newly built bridge crossing the Mekong River and connecting the provinces of Xayaboury and Vientiane has opened, and is the third bridge linking Xayaboury with neighbouring provinces.The 365-metre bridge runs from Nasak village in Paklai district, Xayaboury province, to Khokkhaodor village in Xanakham district, ...

In a rare rebuke, the United Nations Security Council has “expressed deep concern” about the situation in Myanmar’s Rakhine State, where over 370,000 Rohingya Muslims have been forced to flee across the border to Bangladesh to escape increasing levels of violence.In a statement issued Wednesday, ...

Agriculture ministers in the Greater Mekong Subregion (GMS) endorsed a five-year strategy and action plan to build a regional food safety system on Friday during a meeting in northwest Cambodia’s Siem Reap province. Keep reading ...

after Thailand halted the Bt40-billion Stung Nam hydropower project, Prime Minister Prayut Chan-o-cha and his Cambodian counterpart Hun Sen yesterday agreed to enhance economic ties and connectivity.Prayut led a Thai delegation at the 3rd Thailand-Cambodia Joint Cabinet Retreat in Phnom Penh yesterday to discuss cooperation ...

The World Bank has provided financing of more than 250 billion kip (US$31 million) to Laos, to implement the Lao Southeast Asia Disaster Risk Management project. The project will invest in urban flood risk management in Oudomxay province, and in more reliable hydro-meteorological services across ...