Multilateral development assistance

China and Laos on Monday agreed to build a community of shared future with strategic importance during Chinese President Xi Jinping’s state visit to the Southeast Asian country.[]The two leaders agreed to carry out closer coordination under multilateral frameworks including the United Nations, the Asia-Europe ...

As growing trade and investment linkages in Asia and the Pacific have helped to improve the region’s overall resilience to global economic and trade policy uncertainties, countries in the Greater Mekong Subregion (GMS) need to make swifter progress in streamlining trade through multilateral agreements that ...

[] “Myanmar’s macroeconomic environment remains stable, though economic growth is slowing to 5.9pc in 2016-17 compared to 7pc in 2015-16, weighed down by slower investment demand,” the Washington-based lender noted.Despite notable reforms and strong foreign investment commitments, investment demand decelerated as private investors bided their time ...

Cambodia as a member of the six-nation Greater Mekong Sub-region (GMS) endorsed a five-year action plan framework that includes $64 billion in projects to help the sub-region achieve inclusive growth and sustainable development. Keep reading   ...

The Asian Development Bank’s (ADB) Board of Directors has endorsed a new 4-year country partnership strategy (CPS), which is expected to deliver $421 million in assistance through 2020 to the Lao People’s Democratic Republic (Lao PDR).The new CPS will help the country achieve more inclusive ...

In a rare rebuke, the United Nations Security Council has “expressed deep concern” about the situation in Myanmar’s Rakhine State, where over 370,000 Rohingya Muslims have been forced to flee across the border to Bangladesh to escape increasing levels of violence.In a statement issued Wednesday, ...

Agriculture ministers in the Greater Mekong Subregion (GMS) endorsed a five-year strategy and action plan to build a regional food safety system on Friday during a meeting in northwest Cambodia’s Siem Reap province. Keep reading ...

The World Bank has provided financing of more than 250 billion kip (US$31 million) to Laos, to implement the Lao Southeast Asia Disaster Risk Management project. The project will invest in urban flood risk management in Oudomxay province, and in more reliable hydro-meteorological services across ...

Buddhist monks and residents demonstrated in 15 of 17 townships in Rakhine State on Sunday to demand a resolution to the security issues in the area and to keep out foreign aid agencies. Buddhist monks hold placards during a protest against the United Nations (UN), ...

Prime Minister Thongloun Sisoulith has said the implementation of the Millennium Development Goals (MDGs) should be continued since the country has fallen short of achieving some of the targets. Mr Thongloun, also the Chairman of the National Guiding Committee for Implementation of Sustainable Development Goals ...