Aid and development

New ASEAN strategy urgently required for Myanmar crisis, say experts

The upcoming ASEAN foreign ministers’ emergency meeting is expected to result in drastic recommendations and an effective strategy to implement the five-point consensus to resolve the ongoing crisis in strife-torn Myanmar, experts say. The ministers are scheduled to meet on October 27 at the ASEAN ...

Thai govt backed by UNDP launches GCF-financed climate change adaptation project

More than 80 participants representing the Thai government, academia, non-governmental organisations and the private sector convened at Bangkok’s Pullman Hotel for the launch of the Green Climate Fund (GCF)-financed programme titled “Increasing resilience to climate change impacts in marine and coastal areas along the Gulf ...

The Nation Reporter

ADB brings together experts to find formula for speedy recovery in Southeast Asia

The Asian Development Bank (ADB)’s president, Masatsugu Asakawa, has set up a panel of experts in the subjects of economics, finance and health to help ministers, central bank governors and other senior officials in Southeast Asia identify options that they can tap into to quickly ...

The Nation Reporter

Areas for improvement in ASEAN multilateralism

The centrality of the Association of Southeast Asian Nations (ASEAN) is often mentioned and emphasised by government officials and scholars in the Asia-Pacific region. ASEAN plays a leading and central role in the region’s multilateralism as it hosts and sets the agenda for numerous meetings ...

Shawn Ho

Thai gov't approves financial aid to 5th Thai-Lao Friendship Bridge

The Thai government on Tuesday approved financial assistance to Laos for the construction of the fifth Thai-Lao Friendship Bridge linking Thailand’s northeastern province of Bueng Kan with Lao’s central province of Bolikhamsai.“The fifth Thai-Lao Friendship Bridge had been approved in principle in the Cabinet’s resolution ...

China, Thailand pledge closer cooperation in multilateral platforms, promoting freer world economy

China and Thailand on Tuesday said they will further enhance cooperation in multilateral mechanisms and join hands to cope with growing protectionism to push forward a more open and balanced world economy.According to a joint press statement released during Chinese Premier Li Keqiang’s official visit ...

ADB seeks co-financing of Thai projects

The Asian Development Bank (ADB) is looking to co-financing deals of mass transit, double-track rail and renewal energy projects with the Thai companies, said Hideaki Iwasaki, the bank’s country director in the Kingdom.He said Thai government is in a strong fiscal position and has not ...

Wichit Chaitrong

Belt and Road financiers to favour ‘greener’ and social projects

Financiers of China’s Belt and Road Initiative (BRI) have committed to funding environmentally and socially sustainable projects, expanding on the $100 billion worth of “green” BRI projects since 2013 when the initiative was launched.In 2018, the Green Finance Committee (GFC) of the China Society for ...

Phuwit Limviphuwat

Govt to get WB aid for marine debris

The World Bank has pledged to provide financial support for the government’s efforts to manage marine debris on its waters, said the permanent secretary for natural resources and environment, Wijarn Simachaya.“Besides the World Bank, several other foreign financial institutions have pledged to help fund Thailand’s ...

Apinya Wipatayotin

ADB calls for sustainable funding for transit systems

The Asian Development Bank has urged the Thai government and other governments in developing Asia to manage their debt carefully.The ADB has also proposed sustainable financing solutions for the rapid mass transit system in mega-cities like Bangkok, Jakarta and Manila. Meanwhile, a Thai land developer ...

Wichit Chaitrong

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