News
Southeast Asia launches $1 billion facility for green infrastructure
The Association of Southeast Asian Nations (ASEAN), the Asian Development Bank (ADB) and major financiers on Thursday launched a facility to spur more than $1 billion in green infrastructure investments across Southeast Asia. The facility offers loans and technical assistance for sovereign projects in areas such ...
Gov’t rice loans find few takers
It has been over two months since the government made available a $27 million emergency loan package to the beleaguered rice sector, yet only 5 percent of the funds have been disbursed. Officials from the state-owned bank in charge of issuing the loans claim the ...
ADB loan targets health infrastructure
Myanmar is set to receive a portion of a US$117 million Asian Development Bank loan aimed at combating emerging infectious diseases. The Greater Mekong Subregion Health Security Project will target outbreaks in Myanmar, Cambodia, Laos and Vietnam. The loan is meant to boost access to ...
ADB, Microsoft, govt expand economic opportunities for youth
The Asian Development Bank, Microsoft and the Ministry of Education and Sports have signed a Letter of Intent to collaborate and develop a technology platform to provide Lao youth with access to online technical and vocational training resources and employment services. The document was signed ...
