Aid and development

Multilateral development assistance

Thailand accepts World Bank’s climate change grant

In addition to several projects and agreements approved in the Cabinet meeting yesterday, the government has agreed to accept a 5 million dollar U.S. grant from the World Bank to reduce emissions of hydrofluorocarbon gas (HFC), which is one of the greenhouse gases affecting the ...

National News Bureau of Thailand

COVID-19 opens a can of worms for fisherwomen in Cambodia

“I’m used to hearing the sound of laughter every morning as my customers come to buy fish,” says 37-year-old Huon Tim. “But it’s very quiet these days in the village.” For Huon, who runs a small fish and produce stall at the local market in Kampong Por, ...

The Asia Development Bank Extends a $250 million loan to Cambodia

The Asian Development Bank (ADB) on July 8 approved a $250 million loan to help the Cambodian government rebuild the country’s economy that has been severely affected by the Coronavirus Disease 2019 (COVID-19) pandemic. According to the ADB’s press release, this loan will go toward strengthening ...

WB offers aid for higher education, urban development in Vietnam

On June 30, the World Bank’s (WB) board of executive directors approved the financing of two projects —to help build a climate-resilient city in the Mekong Delta and improve the quality of Vietnam’s three national universities—at US$422 million. The Vietnam University Development Project, financed through credit ...

Gia Phong

Myanmar: Project to Boost Agricultural Productivity, Support Farmers in Wake of COVID-19

The World Bank’s Board of Executive Directors today approved a $200 million credit from the International Development Association (IDA) to increase agricultural productivity and diversification and enhance market access for Myanmar farmers, with a strong focus on inclusion for smallholder farmers, women and other vulnerable ...

Kyaw Soe Lynn, WB in Myanmar; Nick Keyes, WB in Washington

Cambodia and China set to sign Mekong-Lancang Fund agreement

Foreign Affairs Minister Prak Sokhonn and Wang Wentian, Chinese Ambassador to Cambodia are scheduled to sign the 7.2-million agreement on the cooperation projects of the Mekong-Lancang Cooperation Special Fund at the ministry today, according to the Foreign Affairs Ministry statement. The statement said that under the ...

Khann Chanvirak

Towards innovative, conflict-sensitive and human rights-based approaches to forest monitoring

The Governments of Myanmar and Finland today launched a trailblazing project designed to allow for monitoring of forests in a manner that is sensitive to local conflicts and protects human rights. The five-year project will be led by the Food and Agriculture Organization of the United ...

FAO Media Relations Office

FAO sees Mekong as biggest source of global inland fish catch

The Food and Agricultural Organisation (FAO) of the United Nations has ranked the Mekong Basin as the world’s most important hydrologic region or river basin for freshwater fish catches. In its latest State of World Fisheries and Aquaculture report, the FAO said that Mekong Basin accounted ...

AKP

Southern Myanmar’s indigenous groups say the UN should scrap $21 million conservation plan

Myanmar’s Tanintharyi Region is among the most vibrantly biodiverse places in Asia. The southern tail of kite-shaped Myanmar, Tanintharyi encompasses hundreds of islands in the Myeik Archipelago, mangrove-lined coast, evergreen forests and the mountainous spine that forms the Thai-Myanmar border. The region holds some of Southeast ...

Skylar Lindsay

Vietnam development model needs upgrade: WB

Vietnam has reached an inflection point in its economic development and needs to look for new models, the World Bank says. In a report it released on Wednesday, ‘Vibrant Vietnam: Forging the Foundation of a High-Income Economy’, the WB said domestic and foreign business environments in Vietnam are ...

Ha Thu

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