Economy and commerce

Banking and financial services

Laos pushes into crypto as it authorises mining and trading

Laos has authorised the mining and trading of cryptocurrencies, in a policy shift by the debt-laden south-east Asian nation that positions it to profit from the crackdown on digital currency mining in China. Analysts said the move was a logical step for the landlocked, communist-ruled country ...

John Reed

Finance firms plan to close coal plants in Asia

Some of the world’s biggest financial institutions are working on a plan to speed the closure of coal-fired power plants in Asia, the BBC has been told. The initiative was developed by UK insurer Prudential, is being driven by the Asian Development Bank (ADB), and includes ...

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

MoU on Financial Services to Support Inclusive Economic Growth

The UK Government and the Bank of Thailand (BoT) have signed a Memorandum of Understanding (MoU), forming a strategic partnership on financial services to support Thailand’s inclusive economic recovery and green growth in line with the Sustainable Development Goals (SDGs). Under the MoU signed on 7 ...

Cambodia Gears Up for Launch of Central Bank Digital Currency

The National Bank of Cambodia (NBC) has announced it is preparing to launch a central bank digital currency (CBDC). NBC’s director-general, Chea Serey, said the central bank was developing “the national payment gateway for Cambodia.” It would serve as a blockchain-based, peer-to-peer platform with its own specially designed cryptocurrency. According ...

Daniel Abel

Thailand, Myanmar agree to use baht, kyat for cross-border payments

Veerathai Santiprabhob, governor of the Bank of Thailand, and his Myanmar counterpart U Kyaw Kyaw Maung, signed two memoranda of understanding (MoU) on October 18 during the IMF-World Bank meeting in the US. The signing was witnessed by Myanmar’s Minister for Planning and Finance U Soe ...

The Nation Reporter

Banks keen on green projects

Green credit is a trend in the global banking and finance industry and more Vietnamese banks are following suit. The State Bank of Việt Nam (SBV)’s latest survey of credit institutions (CIs) in the field of green growth and green credit released recently showed that the ...

Amata gets IFC backing in sustainability push

The industrial sector in Thailand, Cambodia, Laos, Myanmar and Vietnam contributed 32.3 per cent of the region’s GDP in 2017 and provided an estimated 20 per cent of the employment, said the IFC, the private-sector arm of the World Bank. It said that industrial zones provide ...

Alterna Bank a Strong Supporter of the Mekong Business Challenge

Alterna Bank is proud to sponsor the 13th annual Mekong Business Challenge in Cambodia, bringing together the brightest university teams to showcase how their innovation can transform lives. The Challenge is a platform for developing youth talent and for launching businesses and social ventures that will profoundly ...

CIMB becomes first bank from Asean to join United Nations' initiative for responsible banking

CIMB Group Holdings has become a member of the United Nations’ (UN) Environment Programme Finance Initiative Principles for Responsible Banking (UNEP-FI), making it the only banking group in Asean to be a founding member of the sustainable initiative. Keep reading ...

Contact us

Contact us

Do you have questions on the content published by Open Development Mekong? We will gladly help you.

Have you found a technical problem or issue on the Open Development Mekong website?

Tell us how we're doing.

Do you have resources that could help expand the Open Development Mekong website? We will review any map data, laws, articles, and documents that we do not yet have and see if we can implement them into our site. Please make sure the resources are in the public domain or fall under a Creative Commons license.

File was deleted
ERROR!

Disclaimer: Open Development Mekong will thoroughly review all submitted resources for integrity and relevancy before the resources are hosted. All hosted resources will be in the public domain, or licensed under Creative Commons. We thank you for your support.

8faF9
* The idea box couldn't be blank! Something's gone wrong, Please Resubmit the form! Please add the code correctly​ first.

Thank you for taking the time to get in contact!