Mr. Steven Beck of the Asian Development Bank (ADB) wrote in a blog post that “the COVID-19 pandemic underscores the need to support trade to not only move medical supplies but also to bolster economies.” His post asked (i) how we can maintain trade flows at a time when everyone’s attention seems to be focused on tightening borders, and (ii) how we can keep goods moving when the financial systems that companies rely on are under stress.
The Asian Development Bank (ADB) will make available $200 million through its Supply Chain Finance Program for companies manufacturing and distributing medicines and other items needed to combat the novel coronavirus (COVID-19).
ADB Assesses the Economic Impact of COVID-19 Outbreak in GMS Countries
The Asian Development Bank (ADB) report “Economic Impact of the COVID-19 Outbreak on Developing Asia” outlines how the COVID-19 outbreak will affect economic activity in developing Asian economies
The Third Meeting of the Greater Mekong Subregion (GMS) Working Group on Urban Development was held on 5-6 December 2019 in Siem Reap, Cambodia.
Car usage is on the rise in Yangon causing much traffic congestion in the city. Photo: ADB
Plans are underway to connect Yangon in Myanmar with the Bago Region and Mon State through new expressways along the Greater Mekong Subregion’s (GMS) East-West Economic Corridor. The Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA) will provide financing assistance to build more efficient highways that will promote safer movement of goods and people.
The 26th Regional Power Trade Coordination Committee Meeting was held to further cooperation and enhance power trade among members of the Greater Mekong Subregion (GMS) on 26-27 November in Ha Noi, Viet Nam. Hosted by Viet Nam's Electricity Regulatory Authority, participants included energy officials from GMS member countries and representatives of ADB and development partners.
In 2019, the Mekong Institute conducted 112 capacity building activities that benefitted 3,270 participants from the Greater Mekong Subregion (GMS) countries in the areas of agricultural commercialization, trade and investment facilitation, and innovation technology and communication. Furthermore, Mekong Institute alumni held 155 trainings and workshops, expanding knowledge sharing to an additional 9,031 beneficiaries across Cambodia, People’s Republic of China (PRC), Lao People’s Democratic Republic (PDR), Myanmar, Thailand, and Vietnam.
The Third Meeting of the Greater Mekong Subregion (GMS) Working Group on Health Cooperation, jointly organized by the Ministry of Public Health of Thailand and the Asian Development Bank (ADB), was held on 12–13 December in Bangkok, Thailand.
The Asian Development Bank (ADB) today approved $2 million in new funding to support efforts to combat the spread of the novel coronavirus (nCoV).
The funds will supplement an ongoing regional technical assistance and strengthen response capacity in Cambodia, the People's Republic of China, the Lao People's Democratic Republic, Myanmar, Thailand, and Viet Nam.
Infographic from the World Health Organization (WHO). Visit the WHO page for more downloadable information.
The Secretariat of the Greater Mekong Subregion (GMS) Working Group on Health Cooperation is closely monitoring the situation surrounding the novel (new) coronavirus (2019-nCoV). A growing number of countries have reported confirmed cases of 2019-nCoV.
Greater Mekong Subregion Secretariat
Regional Cooperation and Operations Coordination Division,
Southeast Asia Department, Asian Development Bank
Address: 6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines
Telephone: +63 2 8632 4444 Fax: +63 2 8636 2226
