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

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

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

World Bank provides emergency financing for small businesses

The World Bank’s Board of Executive Directors last week approved US$40 million in emergency finance support for small and medium-sized businesses in Laos to help them recover from the impacts of the COVID-19 pandemic, the bank said in a press release. The funding will be channelled ...

Times Reporters

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

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

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

WB offers aid for higher education, urban development in Vietnam

On June 30, the World Bank’s (WB) board of executive directors approved the financing of two projects —to help build a climate-resilient city in the Mekong Delta and improve the quality of Vietnam’s three national universities—at US$422 million. The Vietnam University Development Project, financed through credit ...

Gia Phong

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