Asian Development Bank (ADB)

The China-led Asian Infrastructure Investment Bank, which seeks to help plug Asia’s infrastructure-funding gap, has begun shifting the economic balance of power and influence in Southeast Asia, a region in which Japan and the United States have traditionally been the key external economic players. While ...

The Asian Development Bank, Microsoft and the Ministry of Education and Sports have signed a Letter of Intent to collaborate and develop a technology platform to provide Lao youth with access to online technical and vocational training resources and employment services. The document was signed ...

Leaders of the five Mekong countries discussed measures to promote cooperation and make the region more dynamic and competitive at the two summits that convened in Hanoi on October 26. The capital is hosting both the 8th Cambodia-Laos-Myanmar-Vietnam Summit and the 7th Ayeyawady-Chao Phraya-Mekong Economic Cooperation ...

Slow ODA disbursement is badly affecting Vietnam’s credibility and development according to a workshop on ODA programmes heard on October 18 in Hanoi. The problems were discussed at the workshop on accelerating the implementation and disbursement of ODA programmes and projects. According to the Deputy Minister of ...

The Asian Development Bank has approved US$12.8 million in additional financing for the ongoing Biodiversity Conservation Corridors Project in Laos. The grant assistance is sourced from ADB’s Strategic Climate Fund, Forest Investment Programme. The grant agreement was signed in Vientiane on October 18, inked by Deputy Minister ...

The Asian Development Bank has approved a $45 million loan for Cambodia to overhaul its upper secondary education in order to address the increased demand for skilled workers. Several measures will be undertaken to reform the sector: math, science and information technology curricula will be reviewed ...

Through the 8th National Socio-Economic Development Plan , Laos has focused on maintaining high economic growth that benefits all people and in continuing to reduce poverty. The country welcomes the work of its international partners to improve and enhance the assistance they provide to help the ...

The Asian Development Bank has committed more than $1 billion in new loans to Cambodia over the next three years to help the country invest in infrastructure, education and other priorities, government officials announced on October 5. Finance Minister Aun Porn Moniroth announced the $1.09 ...

Construction of a 30-km embankment along the Mekong River starting near the Lao-Thai Friendship Bridge in Vientiane will soon begin. The flood protection levy will run from the Vientiane-Nong Khai Friendship Bridge downstream through Huaymarkhia village to Dongphoudy and Thamuang villages in Hadxaifong district. The project, known ...

Rice millers said on September 18 they welcomed the prime minister’s announcement that the government would make over $20 million in funds available shortly to support cash-strapped millers and prop up falling paddy prices.“We’ve been waiting for these loans for a long time like fish waiting ...