Aid and development
Benefits flow as nation, World Bank join hands on water management
The World Bank has approved more than 207.2 billion kip (US$25 million) of additional financing for the Mekong Integrated Water Resource Management Project (MIWRM) in Laos. This additional support will continue to improve the country’s national water resource management systems. The Ministry of Finance and the ...
Asia growth outlook brightens on strong exports - ADB
The Asian Development Bank raised its 2017 and 2018 growth forecasts for the region, reflecting rising exports as manufacturers of smartphones to cars to other consumer goods benefited from improving global demand. Developing Asia – made up of 45 countries in the Asia-Pacific region – is ...
The financial system killing environmental activists
A Global Witness report reveals 2016 as the deadliest year yet for environmental defenders. International investors are accused of bankrolling the projects that hundreds of people have been killed protesting. The action many of us take in daily lives to protect the planet might involve the ...
World Bank supports disaster risk management in Laos
The World Bank will provide US$30 million to Laos as part of its continuing support for disaster risk management projects that will enable the Asian nation to lessen the impact of natural disasters. The World Bank’s Board of Executive Directors in Washington recently approved financing ...
EU donates K2.3 billion to ‘Mora’ victims in Rakhine
The European Union (EU) has donated K2.3 billion (US$1.68 million) to help tens of thousands of victims of tropical cyclone ‘Mora’ in the northern part of Rakhine State, the union said in a statement. The cyclone damaged nearly 50,000 structures in Myanmar, including more than 21,000 ...
World Bank committing over US$2b to support three Asean nations
The World Bank is currently supporting 43 active projects in Laos, Myanmar and Cambodia, with commitments of over US$2.7 billion as of June, according to a recent report. Of the total figure, 18 projects are in Laos with the total commitment of US$437 million, while ...
United States to realise committed assistance to Laos
The United States will continue to help Laos in addressing the problems around unexploded ordnance (UXO), while expanding cooperation to other sectors. US Ambassador to Laos Rena Bitter reconfirmed the American commitment to Lao media representatives at a reception held at the Embassy compound in ...
VN, UN sign strategic $423m plan for 2017-21
The Government of Việt Nam and the United Nations signed a new strategic plan for the 2017-21 period in Hà Nội yesterday.The new Government of Việt Nam-United Nations Joint One Strategic Plan (OSP) has been signed between the Government of Việt Nam and 18 UN ...
World Bank Appoints New Director for Region
The World Bank has appointed a new director for Cambodia, Burma and Laos, it said in a media statement on Tuesday. Ellen Goldstein, a 30-year veteran at the bank and previously the director for the West Balkans and earlier for Bangladesh and Nepal, will be ...
Asia-Africa cooperation as Laos, Morocco mark two decades of relations
Laos and Morocco have made satisfactory progress in bilateral relations and cooperation over the past two decades, with the two countries in Asia and Africa cooperating in various sectors, an audience in the capital heard Wednesday. Diplomats outlined highlights of the relationship to date at ...
