LUANG PRABANG, Laos — Senior finance and central bank officials from Southeast Asia and major economies met April 4, 2024, in the scenic Laotian city of Luang Prabang to discuss ways to help the region build resilience against shocks like the COVID-19 pandemic and natural disasters brought on by...
As Philippine inflation rises amid the challenges posed by El Niño, farmers in Mabitac, Laguna, carry on with their crucial tasks despite the adversities. In the face of widespread water shortages induced by El Niño, the agricultural sector faces significant hurdles, with crop production damage being highest at this period. This impact extends beyond upland and rainfed areas to lowland irrigated areas like Mabitac.
Laos and other countries in Southeast Asia have committed to seeking more sustainable ways to feed their people and power their economies. The question is where the money will come from to do that. The 10 member nations of ASEAN — Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam — range from tiny but wealthy Brunei and Singapore to big, fast growing economies like Vietnam and Indonesia. They have pledged to cut carbon emissions to help reduce the impact of climate change but are struggling to find ways to
Longstanding traditions and a lack of funding to persuade farmers not to rely on crop burning — their most affordable option — mean that progress is slow. The government has set a goal of reducing the number of fires by 35% by the end of 2025. Similar burning in neighboring Thailand, Myanmar and Cambodia leaves the A higher priority for Laos, a Communist state where annual incomes average below $2,000 a person, is weaving itself into the wider regional economy of about 660 million people.
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