The Greater Mekong Subregion (GMS) countries have made stunning progress over the past quarter century. Once plagued by poverty, they are now economic success stories. The GMS Economic Cooperation Program (GECP) has contributed significantly to […]
In the last 20 years, rapid economic growth in the Greater Mekong Subregion (GMS) has reduced poverty and brought prosperity to many of its 420 million people. Much of the growth has relied on natural […]
Cambodia recently made the transition from a low income to a lower middle-income country, according to the World Bank’s rankings. This is good news, but it poses a question: does Cambodia need to rethink its model of […]
Infrastructure is essential for development. Roads, railways, ports, and power supplies have helped drive Asia’s growth, allowing its people to get to work and its products to reach markets. For this momentum to continue the […]
The Asian Development Bank’s (ADB) Board of Directors has approved a $70 million loan to help provide a more efficient, safe, and disaster resilient transport sector in Cambodia, particularly by improving national roads in the […]
Construction of the Nam Ngum hydropower plant started in 1968. Harnessing the power of the country’s largest watershed, the first hydropower plant in the Lao People’s Democratic Republic was producing 30 megawatts of electricity within […]
Asia’s economic growth over the last decade has been relentless, bringing with it a rising population and an influx of people from the countryside to the cities in search of prosperity. These trends are not […]
The Asian Development Bank (ADB) has approved a $123.3 million loan for a new water tunnel to help modernise Manila’s water supply, reducing the risk of shortages as demand for water rises in tandem with […]
The Asian Development Bank’s (ADBs) operations – comprising loan approvals and grants, technical assistance, and cofinancing – reached an all-time high of US$ 27.15 billion in 2015, an increase of about 19 per cent over the […]
Economic losses from the impacts of climate change in Southeast Asia could be 60 per cent higher than previously estimated, reducing the region’s gross domestic product (GDP) by up to 11 per cent by 2100, […]
The Philippines will see a mild pullback in 2015 GDP growth before the economy bounces back in 2016 on a pickup in government spending and a likely bounce back in exports, says a new Asian […]
Emerging East Asia bond markets came under pressure in the past quarter amidst concerns over softer growth, depreciating currencies, and US interest rates, according to the Asian Development Bank’s (ADBs) Asia Bond Monitor – September […]