Multilateral development assistance

Asian Development Bank (ADB)

ADB seeks co-financing of Thai projects

The Asian Development Bank (ADB) is looking to co-financing deals of mass transit, double-track rail and renewal energy projects with the Thai companies, said Hideaki Iwasaki, the bank’s country director in the Kingdom.  He said Thai government is in a strong fiscal position and has not borrowed much ...

ADB boosts support for region

In prioritising Southeast Asia in its assistance, the multilateral lender would get involved in many operations in the region, said Ramesh Subramaniam, the director general of the bank’s Southeast Asia department. Subramaniam told the ADB annual meeting yesterday that the development lender would invest around US$5 ...

Khine Kyaw

ADB loan to boost highways

Thailand has gained a US$99.4 million loan from the Asian Development Bank (ADB) to help upgrade some of the country’s highways and improve road safety in the Northeast. []“Transport infrastructure is an important driver of growth for Thailand’s economy,” said Subramaniam. “Improving the country’s road network ...

ADB allots $339.4M for grants, assistance

The Asian Development Bank (ADB) will set aside $339.4 million for grants and technical assistance to low-income and developing member countries as approved during the just-concluded annual meeting of its board of governors. In a statement, the Manila-based lender said the board had approved $690.1 million ...

$66b invested in Greater Mekong Sub-region: ADB official

The Greater Mekong, including Việt Nam, is expected to have a colossal US$66 billion poured in to strengthen regional economic co-operation in the next five years, said an Asian Development Bank (ADB) official on Tuesday. Keep reading ...

VNS Reporter

Vietnamese wins ADB Instagram contest with Mekong Delta floating market photo

A Vietnamese national has won the top prize of a photo contest organized by the Asian Development Bank to showcase the development progress in the Greater Mekong Subregion (GMS). Anh Dung Kieu bagged the US$500 prize for his photo depicting early morning trading at a ...

Son Luong

Replicate Yunnan, Mekong models to make Northeast ASEAN-India hub: ADB

Assam could emerge as the hub of trade and commerce between India and the ASEAN by replicating infrastructure development models adopted by Yunnan and the Greater Mekong sub-region, Kenichi Yokoyama, India director of Asian Development Bank said here on Sunday. Keep reading ...

Samudra Gupta Kashyap

ID Capital ties up with ADB to launch agritech startup accelerator for Mekong region

Singapore-based venture capital company ID Capital has partnered with the Asian Development Bank (ADB) and government of Australia to launch an agritech startup accelerator. Named Mekong Agriculture Technology Challenge Startup Accelerator (MATCh), it is aimed at innovative early-stage agritech startups and traditional agriculture businesses with ...

ADB to extend $150m loan to Vietnam for rural development

The Asian Development Bank (ADB) has approved a $150 million loan to support development in four of Vietnam’s northeastern provinces – Bac Kan, Cao Bang, Ha Giang, and Lang Son.[]The provinces of Bac Kan, Cao Bang, Ha Giang, and Lang Son have significant potential to ...

Antonia Timmerman

Beijing scholar signals new regional Mekong order

The Lancang-Mekong Cooperation (LMC) will replace the longstanding cooperative structure of the Greater Mekong Sub-region (GMS) in developing the Mekong basin, a Chinese scholar said recently.Keep reading ...

SUPALAK GANJANAKHUNDEE

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