growth - Open Development Mekong

Myanmar, Cambodia lead Asean’s soaring minimum wage growth

lannguyen — Thu, 22 Nov 2018 01:57:39 +0000

Countries across Asean are experiencing rapid economic growth, and the associated improvements to the standard of living are conspicuous. Increasing trade means increasing wages — and wage growth is integral to the growth of regional economies.

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ASEAN growth forecasts take hits from trade war and market turmoil

lannguyen — Sat, 13 Oct 2018 00:24:55 +0000

Economists in Southeast Asia have lowered their growth projections as the U.S.-China trade war heats up and emerging markets face deepening turmoil, a new survey shows.

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Poor Governance Seen as Hindering Cambodia’s Growth

lannguyen — Tue, 18 Sep 2018 00:28:15 +0000

Cambodia continues to rank near the bottom in almost all global development indicators but left the group of least developed countries in 2015, upgrading its status to a low-middle income country. However, according to the World Bank, about a fifth of Cambodians still live below the national poverty line.

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GMS nations need greater connectivity to spark growth: Expert

lannguyen — Mon, 06 Aug 2018 00:25:03 +0000

Dr Watcharas Leelawath, executive director of the Mekong Institute last Friday said cooperation and greater connectivity among the member states are necessary to get the Greater Mekong Sub-region (GMS) to take off.

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Mekong countries adopt 1st master plan focused on growth

lannguyen — Mon, 18 Jun 2018 00:24:51 +0000

The leaders of five Mekong River basin countries on Saturday adopted a five-year master plan focused on improving transportation infrastructure, harmonizing trade and investment rules, and human resources development. The 2019-2023 master plan, the first of its kind, was endorsed by the leaders of Cambodia, Laos, Myanmar, Thailand and Vietnam at the eighth Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy summit in Bangkok.

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China leading region in green growth

lannguyen — Fri, 22 Dec 2017 01:00:30 +0000

China is seeking to take a leadership role in sustainable development and water management work in the region through the Lancang-Mekong Cooperation (LMC), a mechanism that has already yielded tangible results, such as an environmental policy centre launched in Beijing last year.

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