Cambodia restores railway link to Thailand after 45 years

Asia Pacific Jul 5, 2018

Cambodia restores railway link to Thailand after 45 years

Cambodia on 'Wednesday reopened the final stretch of a railway running from the capital Phnom Penh to the border with neighboring Thailand, the first time the line has been operational in 45 years. The Asian Development Bank provided $13 million in 2009 to rebuild the ...

Business Nov 24, 2016

ADB appoints Stanford-trained Sawada as chief economist

The Asian Development Bank has appointed Yasuyuki Sawada, a professor at the University of Tokyo's Graduate School of Economics, as its chief economist. Sawada, who holds a Ph.D. in Economics and Master's in International Development Policy from Stanford University, will be the first Japanese to ...

National / Politics May 4, 2015

ASEAN Plus Three pledge further structural reforms

Financial chiefs from the Association of Southeast Asian Nations plus Japan, China and South Korea have agreed on the need to promote structural reforms in a bid to promote economic growth, and to be vigilant against risks arising from large capital outflows. Meeting on the ...

Business Apr 13, 2015

China rejects Taiwan's bid to become AIIB founding member

Taiwan is not able to become a founding member of the Beijing-led Asian Infrastructure Investment Bank but is still welcome to become an ordinary member in the future, the Chinese government said on Monday. In a statement carried by the official Xinhua news agency, China's ...