Plans are underway to connect Yangon in Myanmar with the Bago Region and Mon State through new expressways along the Greater Mekong Subregion’s (GMS) East-West Economic Corridor. The Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA) will provide financing assistance to build more efficient highways that will promote safer movement of goods and people.
‘Travel bubbles’ are being considered by Southeast Asian countries, including Myanmar and Thailand, as a means to safely resume travel activities. Members of the Mekong Tourism Advisory Group recommended creating travel bubbles to kickstart regional tourism in the absence of a coronavirus disease (COVID-19) vaccine in their meeting in May.
The Third Meeting of the Greater Mekong Subregion (GMS) Working Group on Urban Development was held on 5-6 December 2019 in Siem Reap, Cambodia.
The ASEAN Economic Ministers Meeting on 4 June adopted the Hanoi Plan of Action on Strengthening ASEAN Economic Cooperation and Supply Chain Connectivity in Response to the COVID-19 Pandemic. Through the action plan, economic ministers hope to counter the impact of the coronavirus disease (COVID-19) outbreak by promoting ASEAN markets for essential goods and strengthening economic cooperation among ASEAN countries.
The Asian Development Bank (ADB) report “Economic Impact of the COVID-19 Outbreak on Developing Asia” outlines how the COVID-19 outbreak will affect economic activity in developing Asian economies
As countries in the Greater Mekong Subregion slowly move toward the ‘new normal,’ they are also enacting phased approaches to implement tourism recovery. The challenge for the subregion’s travel and tourism sector is to manage and mitigate the impact of the coronavirus disease (COVID-19), and build back a more sustainable, inclusive, and resilient tourism sector.
The Asian Development Bank (ADB) will make available $200 million through its Supply Chain Finance Program for companies manufacturing and distributing medicines and other items needed to combat the novel coronavirus (COVID-19).
When it comes to the coronavirus disease (COVID-19) outbreak no one is safe until everyone is safe. This was one of the key points emphasized by Dr.
Mr. Steven Beck of the Asian Development Bank (ADB) wrote in a blog post that “the COVID-19 pandemic underscores the need to support trade to not only move medical supplies but also to bolster economies.” His post asked (i) how we can maintain trade flows at a time when everyone’s attention seems to be focused on tightening borders, and (ii) how we can keep goods moving when the financial systems that companies rely on are under stress.
In the popular imagination, the coronavirus disease (COVID-19) pandemic has been a boon for the natural world. With more than a third of the global population under some level of lockdown, we’ve delighted to see skies burst back into blueness and wild animals venturing into urban neighborhoods. It’s been easy to convince ourselves that wildlife and the environment have flourished. The truth, however, isn’t so reassuring. The pandemic has created an increase in poaching, animal trafficking, illegal fishing and other environmental crimes.