The Asian Development Bank (ADB) has secured funding from the Green Climate Fund (GCF) for its climate change project in Cambodia.
The Mekong Business Initiative, sponsored by the Australian government and the Asian Development Bank, catalyzes lending to promising small and medium enterprises.
The Stock Exchange of Thailand plans to launch a pan-Mekong board and index to tap growing investor interest in developing Mekong economies. The plan, however, is still in its early stages and has not yet reached the Securities and Exchange Commission.
The Lao People’s Democratic Republic (Lao PDR) began project preparations for a highway that extends from its capital Vientiane to Pakse city in the southern province of Champasak. The project is part of a highway that will connect Vientiane with Viet Nam’s capital Hanoi.
BANGKOK, THAILAND (23 February 2018) — The Asian Development Bank signed a loan equivalent of up to $235 million with B.Grimm Power Public Company Limited, one of the largest power producers in Thailand, to develop and enhance renewable energy capacity in member countries of the Association of Southeast Asian Nations.
The Asian Development Bank announced the winners of its Instagram photo contest, which was held to showcase the development progress in the Greater Mekong Subregion in celebration of the 25th anniversary of the GMS program.
The German government is supporting two projects between Cambodia and the Lao People’s Democratic Republic (Lao PDR), and between Cambodia and Thailand to better manage resources in the Mekong River basin and address flood and drought issues.