The Asian Development Bank (ADB) has launched a $5 million project to help the Philippine government deliver food supplies to up to 55,000 vulnerable households in Metro Manila and neighbouring areas, which are under enhanced community quarantine to contain the spread of COVID-19. The Rapid Emergency Supplies Provision Project (RESPP) will be implemented under the […]
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After struggling to find full-time employment for more than a year after graduating with a Bachelor of Technical Teachers’ Education degree, Jundelyn Baylosis Sato’s’ life changed in August 2017 when she walked in to her local government unit’s (LGU) Public Employment Service Office (PESO). From a bullied child with low self-esteem most of her teenage […]
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A $49 million financing package from the the Asian Development Bank (ADB) will help the Cambodia Government in achieving its 2025 goal of providing universal access to improved water supply and sanitation services in the country’s rural areas. The Third Rural Water Supply and Sanitation Services Sector Development Program (RWSSS-SDP) will benefit more than 400,000 […]
The Asian Development Bank (ADB) has approved a $200 million loan to upgrade four higher education institutions in Indonesia and improve the technical and vocational training programmes that will help youth obtain the job skills needed in the evolving global economy. The Advanced Knowledge and Skills for Sustainable Growth (AKSSG) Project will improve the quality […]
The Asian Development Bank (ADB) approved a $300 million loan on August 20 to support the Philippines’ efforts to strengthen private sector participation in the government’s “Build, Build, Build” (BBB) infrastructure development programme. Government reforms supported by the ADB under the Expanding Private Participation in Infrastructure Program (EPPIP) subprogram 2 seek to create the enabling […]
The Asian Development Bank (ADB) and the government of Laos signed grant agreements on October 16 worth $125.5 million in total for three projects in the tourism and urban sectors. “Vibrant, liveable cities and towns play an important role in the development of industry and services, particularly manufacturing, agro-business, and tourism”, said Yasushi Negishi, ADB […]
A new study contends that technology can greatly improve the effectiveness of governance, and a new assessment of Asean governments has been made with tech factored in. The World Governance Indicators, compiled by The World Bank, ranked governments on a scale of 0 to 100 in terms of government effectiveness. Singapore scored a 100, while […]
The Asian Development Bank (ADB) has approved additional financing of US$30.5 million, in the form of a grant, to help the Lao PDR government improve water supply and sanitation. The financing, which is in addition to a $35 million loan the ADB approved in 2013, will make it possible for the Lao PDR government to […]
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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 this transformation. Since it was established in 1992 as a means to enhance economic relations and promote regional cooperation, its […]
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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 resources, which generate up to half of total wealth in some GMS countries. But the “grow-now-clean-up-later” approach has worsened environmental […]
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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 export-driven economic growth, as preferential access for its exports to developed countries is gradually reduced, or as aid flows diminish? The answer […]
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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 region’s existing stock of infrastructure must be upgraded. A new generation of transport networks, energy facilities, and water and sanitation […]