News Releases

Republic of Korea, GMS Countries Target Priority Areas for Joint Development Work

The Republic of Korea has agreed to work closely with the Greater Mekong Subregion to tackle priority GMS development issues, including transport, trade and the environment, a high level forum heard here.

Mekong Nations Gather to Chart Regional Cooperation for Next Decade

Ministers from the six countries of the Greater Mekong Subregion are holding a 16th Ministerial Meeting in Ha Noi, Viet Nam on 20 August 2010 to discuss a new 10-year framework for regional cooperation.

ADB to Help Lao PDR Improve Vocational Training, Address Skill Shortages

ADB is helping the Lao People's Democratic Republic improve the quality and relevance of its technical and vocational training to address skill shortages in key areas of the economy.

ADB to Invest in Greater Mekong Subregion, Clean Energy Fund

ADB will invest $15 million to support clean energy projects in the Greater Mekong Subregion and South Asia through the Mekong Brahmaputra Clean Development Fund.

Cambodia, Lao PDR, Viet Nam Encouraged to Cooperate on Dollarization Issue

Closer cooperation on monetary and financial issues would enable Cambodia, the Lao People's Democratic Republic, and Viet Nam to effectively address challenges arising from the use of multiple currencies in their respective economies, says a new book from ADB.

ADB Invests in Fund to Spur SME Growth in ASEAN, PRC

ADB is investing up to $25 million in a new fund designed to support the growth of small- and medium-sized enterprises in ASEAN countries and the People's Republic of China.

ADB Raises Assistance for Developing Asia to Improve Clean Energy Access

ADB has boosted its technical assistance to scale up projects that provide the region's poor with better access to modern and reliable sources of clean energy.

ADB to Contribute to ASEAN+3 Credit Guarantee Facility

ADB and ASEAN nations, along with People's Republic of China, Japan, and the Republic of Korea, are moving to establish a jointly owned credit guarantee facility, which is aimed at promoting financial stability and boosting long-term investment in the region.

Lao PDR Gets Help to Boost Resilience to Climate Change

The Lao People's Democratic Republic is to receive grants of $3.1 million from ADB and the Nordic Development Fund to help the country become more climate resilient in the face of droughts, floods and other extreme weather events.

ADB Gives GMS Skills Development Project Further $1.4 Million

ADB is giving further assistance to an ongoing Greater Mekong Subregion technical assistance project designed to give civil servants the skills to manage and promote regional cooperation and integration activities.