Aid and development

Multilateral development assistance

Laos’ human development improves slightly, remains at 137 out of 189 countries, territories

The Human Development Report ranks countries based on the Human Development Index (HDI) which measures average achievement on three basic aspects of human development, life expectancy, education, and per capita income. Between 1990 and 2019, the Lao PDR’s HDI value increased from 0.405 to 0.613, an ...

KPL

Vietnam Slightly Advances on UN Human Development Index to No. 117 of 189

Over the last 30 years, Vietnam’s HDI (Human Development Index) has grown by 46%, amongst the biggest jump in the world. A United Nations report titled “Human Development and the Anthropocene” released last week places Vietnam at 117th out of 189 nations in terms of overall development. In the 2019 report, ...

Saigoneer

New project aims to end violence against women

A four-year project on the prevention and elimination of violence against women was launched on Thursday, which was International Human Rights Day. The project aims to strengthen national capacity for the effective, systematic and accountable prevention of, and response to, violence against women in Laos. The Lao ...

Times Reporters

Covid exposing weakness, inequality of Thai education: World Bank

A new World Bank report links declining student performances in reading and stagnation in maths and science scores to inequality and inefficiency of investment across Thai schools. School closures due to the Covid-19 pandemic may accelerate these trends, warns the report released on Wednesday (December 9). ...

Wichit Chaitrong

Newly thought out strategy for the Mekong

Ministerial delegates from the Mekong River Commission (MRC) Council have now approved a list of strategic documents, charting a new course for it and strengthening its efforts to balance environmental protection and economic development in the Mekong Basin. The MRC Council represents the highest level of ...

Jason Boken

Ministry seeks ideas on Mekong Delta master plan

The Ministry of Planning and Investment, in coordination with the World Bank, held a conference on November 26 to seek ideas and consultations from leaders of Mekong Delta localities, experts and scientists for the delta’s Integrated Regional Master Plan in 2021-2030 with a vision to 2050. The draft master plan ...

VNA

Thailand borrows US$ 1.5 billion from ADB to fight Covid-19

The borrowing is a part of an executive emergency decree empowering the Thailand’s Finance Ministry to seek loans up to one trillion baht ($32 Bln) to combat economic and social problems resulting from COVID-19 . Finance Minister Arkhom Termpitayapaisith and Hideaki Iwasaki, country director for the ...

Changyong Rhee

ADB Approves $484-Million Loan for Expressway Linking Myanmar’s Bago Region, Mon State

The Asian Development Bank (ADB) has approved a US$484-million (624.52-billion-kyat) loan to construct a new expressway connecting Bago Region and Mon State, which lie along Japan’s planned East-West Economic Corridor, a grand infrastructure scheme for the Greater Mekong Subregion (GMS). The ADB said the new GMS ...

NAN LWIN

Vietnam agrees to World Bank deal to stop forest loss

Vietnam is set to receive tens of millions of dollars to help it keep a promise not to cut down trees, part of a controversial World Bank program that critics say does not produce its intended effect — carbon emission reductions. The Southeast Asian nation has ...

LIEN HOANG

IFC Helps Businesses In Poorest Countries Fight Pandemic With US$4 Billion In COVID-19 Financing

IFC’s pandemic response is focused on reaching the most vulnerable people in developing countries. Of the US$8 billion in IFC COVID-19 fast-track financing approved by the IFC Board in March 2020, US$4 billion has been committed to date, of which close to half is expected to benefit people ...

KPL

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