News

The number of poor people in Cambodia has halved since 2014, from 5.6 million to 2.8 million in 2022, according to a UN report. ... ...

The poverty rate in Cambodia had declined to 16.6 percent in 2022 from 36.7 percent in 2014, according to a United Nations Development Program (UNDP) report on Thursday. ... ...

A report published by the World Bank on November 28 states that Cambodia’s national poverty rate fell by almost half between 2009 and 2019, but the Covid-19 pandemic recently reversed some of the poverty reduction progress. ... ...

A report released by the World Bank shows that the poverty rate in Cambodia has dropped by almost half between 2009 and 2019, but with the Covid-19 pandemic, the poverty rate has been rising. ... ...

Rising non-farm earnings, such as tourism, garment and construction sectors, helped to cut Cambodia’s national poverty to 17.8 percent from 33.8 percent between 2009 and 2019, the World Bank’s latest poverty assessment report for Cambodia stated. ... ...

Cambodia’s economic growth for 2022 is expected to decelerate to 4.9 percent from estimates of 5.4 percent made prior to the war in Ukraine, an assessment by the UN Development Programme (UNDP) stated. ... ...

The poverty rate in Cambodia fell to 17.8%  in 2020, from nearly 40%  in 2009, according to a senior official at the Ministry of Planning. ... ...

The poverty rate of the Cambodian population has increased from 13.5 percent in 2014 to 17.8 percent in 2019 and 2020, according to a senior official at the Ministry of Planning. ... ...

Preah Vihear Provincial Administration has reported only a slight decline in the poverty rate despite a steady decrease before the pandemic. ... ...

“The agriculture sector today is still playing significant role in promoting local production growth, job creation, and contributing to the poverty reduction of the people.  At the same time, the agriculture sector will continue the basic role for economic growth and socio-economic development in Cambodia in ...

Tiffany & Company is quietly building a diamond-polishing factory in Cambodia, a country popularly associated more with killing fields and land mines than baubles. Some of Japan’s biggest manufacturers are also rushing to set up operations in Phnom Penh to make wiring harnesses for cars and ...

Cambodian Prime Minister Hun Sen said he had set a vision that his country will be among countries with upper middle income by the year of 2030. ... He said Cambodia has laid out strategies and action plans to achieve an annual economic growth of 6-7 ...

Hun Sen announced that 1.5 mln hectares of Economic Land Concessions were granted to private companies. 1.2 mln hectares, 80 percent, of the concessions are used for rubber plantation sector. ... He said, that Cambodia still maintain[s] 9.2 mln hectares of forest land even though 1.5 mln ...

The European Union in efforts to reduce the poverty rate and secure a free society has awarded $4.5 mln to four projects. These projects will work to improve justice, natural resources, land rights, and build the capabilities of local authorities. Four projects were selected among ...

Cambodia economic growth was 7.3 percent in 2012. ... Agriculture grew by 4.3 percent, crops by 4.9 percent, fisheries by 6.7 percent, industry by 9.2 percent, garment [sector] by 6.9 percent and the service industry by 8.1 percent, said Dr Hang Chuon Naron, Secretary of State ...

Cambodian Prime Minister Hun Sen said Monday that the country would move from the status of a low-income to a lower-middle-income nation by the end of this year. "We acknowledge that we are in the status of a low-income country with GDP per capita of less ...

The UN’s assessment suggests that Cambodia is one of the top five countries that have made significant progress toward meeting its MDGs by 2015. The poverty rate has dropped dramatically from 47.50 percent in 1993 to 34.70 percent in 2004 and 23 percent in 2011, ...

A survey by Cambodian microfinancers showed debtors were better off in several respects than those who didn't borrow from the institutions, MFI officials claimed. Responding to recent concerns over the role of microfinance institutions in creating poverty and loss of property in the Kingdom, the Cambodia ...

Cambodia on July 28th hosted the 3rd Greater Mekong Sub- Region Environment Ministers to look forward to sustainable economic development in the region and to talk about current projects to reduce harm for regions and also to minimize several environmental challenges affecting natural resources, forest and ...