GMS in the News

Asian Development Bank President Takehiko Nakao reaffirmed ADB's support to the Ayeyawady-Chao Phraya Mekong Economic Cooperation Strategy in a video message shown at the 8th ACMECS Summit on 16 June in Bangkok.

Five Mekong River Basin countries have agreed on a 5-year master plan that includes promoting the smooth flow of goods and people in the East-West Economic Corridor and Southern Economic Corridor of the Greater Mekong Subregion.

Climate change poses threats to public health in the Greater Mekong Subregion, which is already experiencing hotter weather, longer dry seasons, and changing rainfall patterns.

The Asian Development Bank (ADB) has secured funding from the Green Climate Fund (GCF) for its climate change project in Cambodia.

The Mekong Business Initiative, sponsored by the Australian government and the Asian Development Bank, catalyzes lending to promising small and medium enterprises.

The Stock Exchange of Thailand plans to launch a pan-Mekong board and index to tap growing investor interest in developing Mekong economies. The plan, however, is still in its early stages and has not yet reached the Securities and Exchange Commission.

Cambodia and Thailand have agreed to work together to protect wildlife and ecosystems in transboundary forest areas.

The German government is supporting two projects between Cambodia and the Lao People’s Democratic Republic (Lao PDR), and between Cambodia and Thailand to better manage resources in the Mekong River basin and address flood and drought issues.