Aid and development

Policymakers from the Greater-Mekong Subregion (GMS) met their Korean counterparts in Seoul to discuss ways to cooperate in the energy sector amid the increasing need for a stable supply.Keep reading ...

The Asian Development Bank (ADB) and the Government of the Lao People’s Democratic Republic (Lao PDR) signed an agreement on 13 November for a $10 million grant as additional financing for a project that will enhance Lao PDR’s sanitary and phytosanitary (SPS) capacity, and improve ...

China and Laos on Monday agreed to build a community of shared future with strategic importance during Chinese President Xi Jinping’s state visit to the Southeast Asian country.[]The two leaders agreed to carry out closer coordination under multilateral frameworks including the United Nations, the Asia-Europe ...

China’s Mekong development plan has stirred debate as potentially becoming an environmental and social peril for downstream Mekong countries. The country’s navigation channel improvement plan has recently attracted attention from environmentalists, activists, and the media alike.The pace has picked up since the middle of this ...

[] US President Donald Trump’s government, after all, had pledged to deeply cut development aid to several developing countries, including Cambodia, even before recent political tensions mounted.But the US and EU remain Cambodia’s largest trading partners and possible economic sanctions on the Southeast Asian nation, which ...

Laos and France have agreed to enhance cooperation in the energy sector and improve the management of water resources on the Mekong River by building a new Coordination and Monitoring Centre (CMC). The centre will be equipped to monitor hydroelectric power project (HPP) development on ...

As growing trade and investment linkages in Asia and the Pacific have helped to improve the region’s overall resilience to global economic and trade policy uncertainties, countries in the Greater Mekong Subregion (GMS) need to make swifter progress in streamlining trade through multilateral agreements that ...

[] To enhance its economic and political clout, China has made substantial inroads across Southeast Asia on the back of multi-billion-dollar infrastructure and investment deals like the one in Cambodia. This is how China will engage with the world for the foreseeable future. At the ...

[] “Myanmar’s macroeconomic environment remains stable, though economic growth is slowing to 5.9pc in 2016-17 compared to 7pc in 2015-16, weighed down by slower investment demand,” the Washington-based lender noted.Despite notable reforms and strong foreign investment commitments, investment demand decelerated as private investors bided their time ...

Cambodia as a member of the six-nation Greater Mekong Sub-region (GMS) endorsed a five-year action plan framework that includes $64 billion in projects to help the sub-region achieve inclusive growth and sustainable development. Keep reading   ...