Aid and development
The Asia Development Bank Extends a $250 million loan to Cambodia
The Asian Development Bank (ADB) on July 8 approved a $250 million loan to help the Cambodian government rebuild the country’s economy that has been severely affected by the Coronavirus Disease 2019 (COVID-19) pandemic. According to the ADB’s press release, this loan will go toward strengthening ...
Japan to give Mekong countries $115 mln for Covid-19 fight, sustainable development
Vietnam and four other countries in the Mekong region will receive Japanese aid worth $115.3 million to combat Covid-19 and work for sustainable development. Japan announced the decision at the 13th Mekong-Japan Foreign Ministers’ Meeting held online on Thursday and co-chaired by Vietnamese Deputy Prime Minister ...
Viet Anh
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
