ADB approved $36.5 million loan and grant for the Lao PDR in 2012 to improve the country’s capacity and preparedness to manage and mitigate the impacts of flood and drought through the Greater Mekong Subregion Flood and Drought Risks Management and Mitigation Project in Vientiane capital and provinces of Khammouan and Savannakhet.
Over the past 17 years, the PRC Fund has supported 135 applications in ADB developing members and achieved good results, and will continue to promote common prosperity and shared development by supporting poverty reduction in Asia and the Pacific, regional cooperation and integration, and knowledge sharing through technical assistance and grants.
A green recovery from COVID-19 is crucial to ensure an economically and environmentally resilient future. Photo credit: ADB
A green recovery from the COVID-19 pandemic in Southeast Asia has the potential to create $172 billion in investment opportunities annually and generate more than 30 million jobs by 2030, according to a new Asian Development Bank (ADB) report.
The Government of Cambodia on 30 May 2022 hosted the Mekong Dialogue on Labor Mobility chaired by Chuop Narath, Deputy Director General of the Ministry of Labour and Vocational Training. The meeting discussed the promotion of safe migration, healthy labor mobility, and effective reintegration to support sustainable and inclusive development of the region.
Transforming Southeast Asia’s established tourism, garments, and agro-processing industries, and leveraging advances in electronics and digital trade, could support the region’s recovery from the COVID-19 pandemic, according to a new report by the Asian Development Bank (ADB) launched today.
Devices and digitalization are driving the use of big data in Asian tourism.
The pandemic-driven surge in data collection offers major opportunities, and some risks, for the reopening of tourism in the region.
Bangkok is integrating trains, busses and ferries to develop a sustainable citywide transport system. Photo: ADB
Urban areas in Asia need to offer more and better public transport options to cut traffic jams and pollution
To overcome threats to Southeast Asia's recovery from the pandemic, ADB recommends improving productivity and competitiveness by investing in greeen infrastructure development, education, training, health systems, social assistance, and technology. Photo: ADB
The Asian Development Bank (ADB) held its third Southeast Asia Development Symposium (SEADS) on 16–17 March 2022.
The pandemic has had a deep and profound impact throughout Southeast Asia. Many of the region’s hard-won gains in reducing poverty, creating jobs, and enhancing health and well-being have been reversed, with the poor and vulnerable particularly hard-hit.
In Thailand, women accounted for 60% of all job losses, including 90% in manufacturing. Photo credit: ADB
The coronavirus disease (COVID-19) pandemic pummeled Southeast Asian economies, leading to major job losses across many sectors due to government lockdowns and movement restrictions in 2020, says a new report from the Asian Development Bank (ADB).
Greater Mekong Subregion Secretariat
Regional Cooperation and Operations Coordination Division,
Southeast Asia Department, Asian Development Bank
Address: 6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines
Telephone: +63 2 8632 4444 Fax: +63 2 8636 2226