Aid and development
Korea extends support to Laos for ASEAN integration
The Korea International Cooperation Agency (KOICA) will provide more than US$13 million (more than 104 billion kip) in assistance to Laos next year in various sectors of development. KOICA President Kim Young-Mok announced the support when he paid a courtesy call on Prime Minister Thongsing Thammavong ...
Parliament approves more than $300m in soft loans
The Pyidaungsu Hluttaw on 26 August gave the green light to US$305 million in new development loans focused on improving electricity supply, water supply and a major highway. MPs approved a $240 million loan from the Asian Development Bank, $20 million from the ASEAN Infrastructure Fund ...
Sumprabum IDPs miss out on state government aid
The Kachin State government has ruled out providing aid to most people displaced by fighting in Sumprabum township because they have fled to areas close to Kachin Independence Army-held territory. The state government and Tatmadaw have in recent weeks blocked local aid groups from sending aid to ...
New strategy for Japan, Mekong cooperation
Japan and four Southeast Asian nations along the Mekong River Basin – Vietnam, Laos, Myanmar and Thailand – have approved a plan to speed up industrial development in the region. Keep reading ...
Flood coordination drastically improved, but not without flaws
According to the National Natural Disaster Management Committee, the ongoing flood crisis has critically affected more than 1.6 million people, displaced over 333,000 households and killed at least 110 people. The massive relief effort is still under way, with the current outpouring of humanitarian aid more ...
Poverty reduction for Laos receives boost from further World Bank financing
The Government of Laos and the World Bank on 17 August signed agreements for three projects aiming to improve the efficiency and reliability of electricity, to improve women’s and children’s health and nutrition, and to enable the construction of vital infrastructure including schools, health clinics, roads, ...
In Myanmar, doing aid better
Around the world, the way foreign aid works is coming under wider scrutiny. Criticisms of an increasingly privatized international aid “industry” include claims that many of its approaches are too top-down, inflexible and ineffective. Reformers also question the relationships between large international aid organizations and their ...
World Bank ups Vietnam GDP forecast
Vietnam’s economic growth could reach 6-6.2 percent this year underpinned by further recovery in domestic demand, in turn reflecting robust private consumption and investment growth, according to a World Bank report. The medium-term outlook for Vietnam is positive on balance in the context that growth in developing ...
Vietnam to seek additional loan for Chinese-built Hanoi elevated railway
The government has decided to seek an additional loan from the Chinese government for a Chinese-built elevated railway project in Hanoi that is becoming infamous for slow progress and ballooning costs. Keep reading ...
Cambodia rice farmers may be advised to plant early-maturing varieties if drought conditions persist
Cambodia rice farmers have started planting for the 2015 main rice crop in May and will continue until July end. However, unusually high temperatures and low rainfall are raising concerns that this year’s paddy production will suffer significantly due to the drought-inducing El Nino weather ...
