Aid and development

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

World Bank team vows to support Thai business sector

The World Bank will support Thailand’s business sector since the government has conducted bureaucratic reforms to facilitate businesses.The World Bank’s Doing Business Research Team met with Prime Minister Prayut Chan-o-cha at Government House on Friday. He expressed his appreciation for the bank’s 27th place ranking ...

ADB is essential – and can do better

With China making generous loans to countries around the world, the Asian Development Bank should be seen more as an inspiration than as a rival. The Asian Development Bank (ADB) was proactively responding to new challenges arising in its mission to help developing countries when ...

The Nation Reporter

ADB turns sights to smaller economies

The Asian Development Bank (ADB) plans to focus more of its investments on development projects in the smaller economies of the Asia-Pacific region, its president Takehiko Nakao said yesterday.Keep reading ...

The Nation Reporter

ADB boosts support for region

The Asian Development Bank (ADB) has vowed to deepen its support for Southeast Asia in development assistance, reflecting the region’s rising stature as a destination for trade and investment.In prioritising Southeast Asia in its assistance, the multilateral lender would get involved in many operations in ...

The Nation Reporter

US accelerates project-financing in Asean

Amid China’s growing influence in the Asean region through the Belt and Road Initiative, the United States is stepping up its efforts to finance development projects in the bloc as part of its Indo Pacific Strategy. Washington is keen on financing infrastructure, energy, digital and ...

Phuwit Limviphuwat

As questions are raised about ‘belt and road’, projects slow in Southeast Asia

China is reshaping the approach of its flagship “Belt and Road Initiative” in Southeast Asia, as Chinese projects in the region plunged last year amid growing global scrutiny of Beijing’s development strategy.Keep reading ...

Sarah Zheng

China’s belt-and-road plans are to be welcomed—and worried about

Shunning all false modesty, China’s leader, Xi Jinping, calls his idea the “project of the century”. The country’s fawning media hail it as a gift of “Chinese wisdom” to the world’s development. As for the real meaning of the clumsy metaphor to describe it—the Belt ...

Thailand and the World Bank Group Renew their Partnership to Transform Thailand Together

The World Bank Board of Directors endorsed today a new Country Partnership Framework for Thailand, defining the strategic focus of the World Bank Group’s engagement with the country from 2019 to 2022. This partnership framework will support Thailand’s transformation towards an innovative, inclusive, and sustainable ...

Kanitha Kongrukgreatiyos

Japan and Mekong nations to push 150 Southeast Asia projects

The leaders of Japan and five Southeast Asian countries that share the Mekong River on Tuesday agreed to adopt a new policy that pushes forward more than 150 projects in the Mekong region using official development assistance from Japan.Keep reading ...

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