Aid and development

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

Myanmar: Project to Boost Agricultural Productivity, Support Farmers in Wake of COVID-19

The World Bank’s Board of Executive Directors today approved a $200 million credit from the International Development Association (IDA) to increase agricultural productivity and diversification and enhance market access for Myanmar farmers, with a strong focus on inclusion for smallholder farmers, women and other vulnerable ...

Kyaw Soe Lynn, WB in Myanmar; Nick Keyes, WB in Washington

Gov’t, USAID Criticized for Inaction Over Severe Forest Loss at Prey Lang Sanctuary

Researchers at the University of Copenhagen released an open letter Thursday reporting a 73 percent increase in deforestation in 2019 at the Prey Lang Wildlife Sanctuary, compared to 2018, while criticizing the government’s ban on certain patrolling operations. The University of Copenhagen’s open letter used data ...

Sun Narin, VOA Khmer

US gives $56 mln to support Kingdom

The US government has provided a total of $56 million to support Cambodia’s social and economy development programme in 2020, including $18 million to promote the Kingdom’s agriculture sector, according to a joint statement. The Cambodian  government, through the Council for the Development of Cambodia (CDC) ...

Sorn Sarath

Cambodia and China set to sign Mekong-Lancang Fund agreement

Foreign Affairs Minister Prak Sokhonn and Wang Wentian, Chinese Ambassador to Cambodia are scheduled to sign the 7.2-million agreement on the cooperation projects of the Mekong-Lancang Cooperation Special Fund at the ministry today, according to the Foreign Affairs Ministry statement. The statement said that under the ...

Khann Chanvirak

Towards innovative, conflict-sensitive and human rights-based approaches to forest monitoring

The Governments of Myanmar and Finland today launched a trailblazing project designed to allow for monitoring of forests in a manner that is sensitive to local conflicts and protects human rights. The five-year project will be led by the Food and Agriculture Organization of the United ...

FAO Media Relations Office

The Mekong subregion in Beijing’s strategic calculus

The strategically vital Mekong subregion has been gaining salience in Beijing’s strategic calculations as China faces growing pushback from the US and other countries. The global pandemic appears to be consolidating a few trends in China’s ties with the Mekong nations. In this emerging scenario, it is likely ...

K. YHOME

FAO sees Mekong as biggest source of global inland fish catch

The Food and Agricultural Organisation (FAO) of the United Nations has ranked the Mekong Basin as the world’s most important hydrologic region or river basin for freshwater fish catches. In its latest State of World Fisheries and Aquaculture report, the FAO said that Mekong Basin accounted ...

AKP

Sweden cancels aid to Cambodia, shifting focus to civil society

The Swedish government announced today it will cease providing development assistance, starting from July 1, and will redirect its focus to human rights, democracy and the rule of law. According to a press release issued by the Embassy of Sweden in Phnom Penh, the decision was ...

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