Five Mekong River Basin countries have agreed on a 5-year master plan that includes promoting the smooth flow of goods and people in the East-West Economic Corridor and Southern Economic Corridor of the Greater Mekong Subregion.
There is a need to strengthen health systems to prevent and manage climate-sensitive diseases, particularly among the most vulnerable groups such as the poor, the elderly, women, and children. Photo: ADB.
Climate change poses threats to public health in the Greater Mekong Subregion, which is already experiencing hotter weather, longer dry seasons, and changing rainfall patterns.
Growth in Southeast Asia is forecast steady this year and next. Photo: iStock.
Southeast Asia continues to benefit from the rise in global trade and the pickup in commodity prices. It is expected to maintain its 2017 growth rate of 5.2% in both 2018 and 2019, according to the Asian Development Outlook 2018.
Policies to support ease of doing business will boost entrepreneurship, deepen the integration of local businesses in the manufacturing sector, and create more and better jobs in Cambodia. Photo: ADB.
PHNOM PENH, CAMBODIA (11 April 2018) — Cambodia’s economy is expected to grow at 7% in 2018 and 2019, bolstered by solid global economic growth, according to the Asian Development Bank's flagship annual economic publication, Asian Development Outlook 2018, released today.
The climate-friendly agribusiness value chains project will enhance the resilience and productivity of target crops, make production and post-harvest infrastructure climate-resilient, and promote the use of solar and bioenergy. Photo: ADB.
The Asian Development Bank (ADB) has secured funding from the Green Climate Fund (GCF) for its climate change project in Cambodia.
Park Café availed of the peer-to-peer lending facility and quickly scaled its operations to 10 locations. It has become a popular place for entrepreneurs. Photo courtesy of Park Café.
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.
Elephants in Khao Yai National Park in Thailand. Photo: iStock.com.
Cambodia and Thailand have agreed to work together to protect wildlife and ecosystems in transboundary forest areas.
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.
A $10 million climate insurance program targets women farmers in Africa and Asia, including Cambodia and Myanmar.
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
