Multilateral development assistance

UNICEF has provided more than 36 billion kip (US$4.4 million) to fund education and clean water programmes in some 100 targeted schools across the country. The money will be used to finance early childhood education, primary education as well as water, sanitation and hygiene (WASH) ...

A recent $150 million refurbishment of two decades-old geothermal power plants on the Philippine island of Luzon may sound like just another project aimed at overcoming the country’s severe electricity shortages. But, for Asia’s insurance companies, there is more to it. Bonds issued to pay ...

Laos would like United Nations cooperation programmes to comply with the priorities laid out in the development plans of the countries it is assisting, to help them achieve the Sustainable Development Goals. Minister of Foreign Affairs Saleumxay Kommasith stressed this perspective in his remarks at ...

The United Nations Children’s Fund to Laos has forecast a budget of over US$7 million in assistance to Laos from 2017 to 2018 to improve nutritional health. The support comes under the new Health and Nutrition Programme for 2017 to 2021 and aims to improve ...

Back in 2009, the Asian Development Bank estimated the region would need $8 trillion worth of infrastructure investment between 2010 and 2020. Now, for the 15 years from 2016 to 2030, the bank reckons $26 trillion is in order to sustain current levels of growth. ...

The World Bank has approved provision of $20 million to help poor and vulnerable families in Siem Reap and Phnom Penh increase their income, build skills and construct small-scale community infrastructure. The bank’s board of executive directors approved the funding for the Livelihood Enhancement and Association ...

Cambodia has asked Canada to consider resuming aid for demining. Foreign Minister Prak Sokhonn made the request when he met Canadian ambassador Donica Pottie, who is based in Bangkok, at the Foreign Ministry on February 16. Canada’s development aid for Cambodia, including assistance on demining, ended ...

Cambodia has asked Belgium to help it get rid of wartime mines and unexploded ordnance, still a cause of injuries and deaths. Ouch Borith, a secretary of state at the Foreign Ministry, spoke of the request after Foreign Minister Prak Sokhonn met Belgian Ambassador to ...

The Asian Development Bank and the government on February 4 signed an agreement for a US$12 million loan and grant package from 2017 to 2022, to bolster health security in 12 provinces of Laos and the Greater Mekong Subregion. The package will support the government’s efforts ...

Savannakhet University is set to become the first model university on business administration and economic studies in Laos, an initiative it is now developing and intends to reach the goal by 2020. President of Savannakhet University, Assoc Prof. Dr Bounpong Keorodom told a media team ...