Aid and development

Multilateral development assistance

Asia sees first regional recession in 60 years

The Asian Development Bank (ADB) says the Covid-19 pandemic has pulled the region’s developing economies into recession. It is the first time in six decades that “developing Asia” – a designation that includes 45 countries – has seen a regional slump. The ADB says developing Asia’s economy ...

Thailand Receives Grant to Protect the Ozone Layer and Climate

Thailand signed a US$5 million grant agreement with the World Bank today in support of reducing the import and use of ozone-depleting chemicals by 2023 by more than 60 percent, as part of the country’s obligations under the Montreal Protocol. Thailand is one of the world’s ...

Newsroom

Mekong Delta needs $6.7 billion for smart climate change projects

The Mekong Delta, Vietnam’s agriculture hub, needs $4.7 to $6.7 billion in 2021-2025 for smart projects to tackle climate change, the World Bank says. A report released by the bank last week says there are considerable opportunities for further development of the Mekong Delta region, which ...

Hoang Vu

MFA Welcomes China's Initiative in Tackling Mekong Issues

PM Prayut Chan-o-cha is set to attend a summit on Mekong River with China and five other riparian countries next week, the foreign ministry said Friday. The 3rd Mekong-Lancang Cooperation Summit will be held entirely online on Monday due to the ongoing coronavirus pandemic, ministry diplomat ...

Khaosod English

Indigenous activists clash with UN over proposed park

When farmer May Cho Win learned that a conservation project proposed by the U.N. Development Program in Myanmar would include the land she’s worked for over a decade, the 28-year-old wondered how she and her husband would be able to support their three children. “Without our ...

VICTORIA MILKO

Laos gets more funding to mitigate impact of COVID-19 on education

The Global Partnership for Education is allocating a grant of US$7 million via UNICEF to help respond to and mitigate the impacts of the COVID-19 pandemic on children’s education in Laos. According to the UNICEF Laos Office, the grant agreement was signed on Thursday between Deputy ...

Times Reporters

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 ...

Major Impact from COVID-19 to Thailand’s Economy, Vulnerable Households, Firms: Report

Thailand’s economy is expected to be impacted severely by the COVID-19 pandemic, shrinking by at least 5 percent in 2020 and taking more than two years to return to pre-COVID-19 GDP output levels, according to the World Bank’s latest Thailand Economic Monitor, released today. The COVID-19 pandemic ...

World Bank Thailand

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