HONG KONG, CHINA (6 April 2017) — The People’s Republic of China (PRC) needs to accelerate structural reforms in order to boost productivity and sustain growth momentum, says a new Asian Development Bank report.
YANGON, MYANMAR (6 April 2017) — Myanmar’s growth should accelerate this year and the next, driven by a firming recovery in the major industrial economies and the government’s continued reforms, says a new Asian Development Bank (ADB) report launched today.
VIENTIANE, LAO PDR (6 April 2017) — Economic growth is picking up in the Lao People’s Democratic Republic’s (Lao PDR) in 2017 and 2018, supported by the expansion of production and sales of electricity, a buoyant services sector growth, and construction of the cross-border railway project, says a new Asian Development Bank report released today.
PHNOM PENH, CAMBODIA (6 April 2017) — Cambodia’s economy is expected to remain strong over the next 2 years, driven by solid garment and footwear exports, construction and real estate activities, rising government expenditure, and a moderate recovery in agricultural production, says a new Asian Development Bank (ADB) report released today.
VIENTIANE, LAO PEOPLE’S DEMOCRATIC REPUBLIC (3 February 2017) — The Asian Development Bank and the Government of Lao People’s Democratic Republic today signed an agreement for a $12 million loan and grant package for a health security project.
MANILA, PHILIPPINES (8 December 2016) – The Asian Development Bank has approved a $450 million investment program to promote cross-border economic activities between Guangxi Zhuang Autonomous Region of the People’s Republic of China and northern Viet Nam. The program will focus on developing the North-South Economic Corridor under the Greater Mekong Subregion Cooperation Program.
CHIANG RAI, THAILAND (1 December 2016) – A major expansion of economic corridor networks and new areas for economic investment will strengthen links between the capital cities of Mekong countries, and provide unprecedented opportunities for cross-border trade and investment under an agreement reached today by officials attending the 21st Greater Mekong Subregion (GMS) Ministerial Conference.
PHNOM PENH, CAMBODIA (23 November 2016) — The Asian Development Bank has approved a $117 million loan to the Governments of Cambodia, Lao People’s Democratic Republic, Myanmar and Viet Nam to enhance responses to emerging infectious diseases and the management of other major public health threats. The Lao PDR government is also receiving $8 million in grant assistance.
DA NANG, VIET NAM (29 July 2016) – At the 13th Annual Meeting of the Working Group on Agriculture of the Greater Mekong Subregion, agriculture officials discussed ways to improve food safety and trade, climate friendly agriculture and bioenergy and biomass management.
HA NOI, VIET NAM ( 17 June 2016) — The President of the Asian Development Bank Takehiko Nakao met with Viet Nam’s State President Tran Dai Quang and Prime Minister Nguyen Xuan Phuc during his two-day visit to discuss ADB’s deepening partnership with the country and priorities for future cooperation.