News

Mr. Sun Chanthol: Cambodia does not discriminate in the source of funding provided for the development of the public sector

Mr. Sun Chanthol, Minister of Public Works and Transport, said that Cambodia does not discriminate between sources of funding for public sector development, while China remains the number one provider of loans and assistance in building road infrastructure in Cambodia.   ...

Long Kimmarita
https://www.postkhmer.com/national/2021-08-31-1114-222710.html

ANZ compensates Cambodian families forcibly evicted to make way for sugar plantation

ANZ has agreed to compensate hundreds of Cambodian families who were forcibly evicted from their land to make way for a controversial sugar plantation and refinery. ...

Erin Handley
https://www.abc.net.au/news/2020-02-27/anz-compensates-cambodian-families-forcibly-evicted-sugar-plant/12006382

Foreign aid drops in latest OECD update

Foreign aid to Cambodia dropped about 14 percent last year, according to updated data released this week—though the figures exclude China, one of the country’s most significant donors. Actual payments of foreign aid fell from $970 million in 2014 to $830 million last year, marking ...

Michael Dickison
https://www.cambodiadaily.com/news/foreign-aid-drops-latest-oecd-update-122374/

Cambodia’s Hun Sen Slams U.S. Threats Over Aid

Cambodian Prime Minister Hun Sen on Friday criticized U.S. threats to cut aid to the impoverished Southeast Asian nation if its election wasn’t free and fair, and dared American lawmakers to follow through on their warning. His comments came after U.S. lawmakers started processes in the ...

http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-293500/

U.S. Ambassadors Fund to give grants for Cambodia preservation

The U.S. Embassy has just announced it will be awarding grants to two recipients for the 2013 U.S. Ambassadors Fund for Cultural Preservation in Cambodia. The Archaeology and Development Foundation is the first recipient and will receive $47,000 to implements it’s proposal called the “Documentation of ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZjYxOGFmM2ExNDk

Congressional Hearing in US Pushes Cut to Cambodian Aid

At a congressional hearing in Washington on Tuesday that scathingly rebuked Prime Minister Hun Sen and his ruling CPP, a U.S. lawmaker called for legislation to cut American aid to Cambodia following the national election on July 28. Representative Steve Chabot, who chaired the House Subcom­mittee ...

http://www.cambodiadaily.com/news/congressional-hearing-in-us-pushes-cut-to-cambodian-aid-34389/

Japanese Mizuho Bank looks into Cambodian financial sector

Mizuho Bank, one of Japan’s largest banks, opened a representative office here Monday thanks to increasing interest in Cambodia by Japanese investors, a bank official said. To date, Cambodia has five foreign banks’ representative offices, 34 commercial banks, seven specialized banks and 37 microfinance institutions, ...

http://news.xinhuanet.com/english/world/2013-07/08/c_132522621.htm

International Donors Call for Redesign of Sesan 2 Hydro Dam

International donors, including the U.S., Australia, the European Union and the World Bank, have urged the Cambo­dian government to redesign a massive hydropower project in Stung Treng province that environmentalists say will deplete fisheries and submit it to the Mekong River Commission (MRC) for consultation. In ...

http://www.cambodiadaily.com/news/international-donors-call-for-redesign-of-sesan-2-hydro-dam-33311/

ADB to loan $55 million to Cambodia's rice sector

The Asian Development Bank (ADB) has approved a loan of $55 million to help transform the rice sector of Cambodia into a viable commercial industry as well as taking care of the land and water resources. ADB’s Climate-Resilient Rice Commercialization Sector Development Program―which will run ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=ZjI4NDZjMzFlMmE

As Foreign Aid Increases, Questions About Conditions

Cambodia has seen huge growth of foreign aid and loans over the past two decades, but experts are beginning to question its worth—and what conditions might be attached. Total aid from 1993 to 2012 amounts to around $10 billion, with the percentage of aid coming as ...

http://www.voacambodia.com/content/as-foreign-aid-increases-questions-about-conditions/1664821.html

Cambodia-Japan trade volume up 14% in 3 months

Bilateral trade volume between Cambodia and Japan had amounted to 180 million U.S. dollars in the first three months of this year, up 14 percent compared with the 158 million U.S. dollars at the same period last year, a report of the Japan External Trade ...

http://news.xinhuanet.com/english/business/2013-05/14/c_132381154.htm

Cambodia's tax revenue totals $683 million

The Cambodian government collected $683 million in taxes over the first 11 months of this year, according to data from the General Department of Taxation released last week. An economist said the increase in domestic tax revenue emphasised that Cambodia still has room for improvement in ...

http://www.phnompenhpost.com/index.php/2012121160203/Business/tax-revenue-totals-683-million.html

NGO Says Dispatch of Troops Against Protesters Unjustifiable

Soldiers should not have been deployed in support of a warrant to arrest land dispute protesters in Kratie province in May—an operation that led to the killing of a 14-year-old girl by armed forces, a Japanese human rights group said in a new report. The report ...

http://www.cambodiadaily.com/news/ngo-says-dispatch-of-troops-against-protesters-unjustifiable-4971/

Australian Senate Pushes for Fair Elections in Cambodia

The Australian Senate yesterday urged the Cambodian government to run free and fair national elections next year without the “harassment or intimidation” of opposition leader Sam Rainsy, who remains in self-imposed exile avoiding an 11-year jail sentence. The appeal comes only days after the European Parliament ...

http://www.cambodiadaily.com/news/australian-senate-pushes-for-fair-elections-in-cambodia-4930/

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