Aid and development

Japan-Cambodia ink clean water supply agreement

Minister of Foreign Affairs and International Cooperation Prak Sokhonn and Japanese Ambassador Masahiro Mikami on Wednesday signed a grant agreement for ¥2.4 million ($22 million) on the “Project for Expansion of Clean Water Supply System in Pursat Province”. The agreement, finalised at the Ministry of ...

Mech Dara
https://www.phnompenhpost.com/national/japan-cambodia-ink-clean-water-supply-agreement

Foreign Affairs Ministry requests Sweden to continue demining aid

Foreign Affairs Minister Prak Sokhonn has reiterated his request for Swedish government to consider continuing to provide aid for demining action in Cambodia, a senior official said.​ ...

Taing Vida
https://www.khmertimeskh.com/50665723/foreign-affairs-ministry-requests-sweden-to-demining-aid/

Japan provides $439,261 for organic cashew farming

The Japanese government has today provided $439,261 to a Ja-based NGO to carry out a project offering support to small holders through contract farming of organic cashew nuts through Agriculture Cooperatives.​​ ...

Taing Vida
https://www.khmertimeskh.com/50665758/japan-provides-439261-for-organic-cashew-farming/

Cambodia and Germany sign two cooperative financing agreements

Minister of Economy and Finance Aun Porn Moniroth and German ambassador to Cambodia Christian Berger on Thursday signed two cooperative financing agreements worth 67.1 million euros, equivalent to $74 million. ...

Taing Vida
https://www.khmertimeskh.com/50665702/cambodia-and-germany-sign-two-cooperative-financing-agreements/

Korea assists Cambodia on occupational safety

Cambodia and Korea have joined hands to study the legislation of occupational health and safety regulations for employees at factories and business enterprises. The project was initiated on Thursday at the Ministry of Labour and Vocational Training when Minister Ith Sam Heng met with Choi Heaeun, ...

Long Kimmarita
https://www.phnompenhpost.com/national/korea-assists-cambodia-occupational-safety

Australia remains committed to aiding Kingdom

The Australian government is committed to continue aiding the Kingdom’s development, having already provided about $1 billion in funds from 1992 until last year. ...

Khuon Narim
https://www.khmertimeskh.com/50665348/australia-remains-committed-to-aiding-kingdom/

Koica planning to lend support in mine clearing

The Korea International Cooperation Agency (Koica) said on Wednesday it has embarked on a feasibility study – Project of Mine Action for Human Development Programme in Cambodia – to advance community development in villages that have been deemed mine-free. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/koica-planning-lend-support-mine-clearing

JICA concludes study on Takhmao city water plant

The feasibility study for a Japan-funded water treatment plant in Takhmao city was recently finished, with construction due to begin April next year, the agency in charge of the project revealed. The plant, to be built with a grant from the Japanese government, will produce ...

https://www.khmertimeskh.com/50662436/jica-concludes-study-on-takhmao-city-water-plant/

Japan grants $190K for environment education

The government of Japan, via its embassy in Cambodia, granted more than $190,000 on Tuesday to Nature Centre Risen, an NGO for environmental education at kindergarten and secondary schools in the Kingdom. The grant is for the project, “Realisation of Sustainable Life Environment through the ...

Voun Dara
https://www.phnompenhpost.com/national/japan-grants-190k-environment-education

Joint commitment toward mine-free Cambodia

Australia, the Cambodian Mine Action and Victims Assistance Authority and the UN development programme on Friday signed a joint statement reaffirming their ongoing commitment to working toward a mine-free Cambodia by 2025. ...

Poovenraj Kanagaraj
https://www.khmertimeskh.com/50660644/joint-commitment-toward-mine-free-cambodia/

Japan funds outreach activities for Legal Documentation Center

The Japanese government has approved more than $250,000 to support the Khmer Rouge tribunal’s Legal Documentation Centre to conduct its outreach activities. ...

Mom Kunthear
https://www.khmertimeskh.com/658534/japan-funds-outreach-activities-for-legal-documentation-center/

Kingdom to spend nearly $60 billion on development until 2023

Cambodia will spend nearly $60 billion under the National Strategic Development Plan 2019-2023 and 75 percent of the funding will come from development partners. ...

Ben Sokhean
https://www.khmertimeskh.com/50658074/kingdom-to-spend-nearly-60-billion-on-development-until-2023/

Asean membership has helped reduce development gaps

Cambodia has significantly benefited from its Association of Southeast Asian Nations (Asean) membership, Royal Academy of Cambodia (RAC) secretary-general Yang Peou said on Thursday during a conference to mark the 52nd anniversary of Asean’s establishment and the 20th anniversary of the Kingdom’s membership in the ...

Voun Dara
https://www.phnompenhpost.com/national/asean-membership-has-helped-reduce-development-gaps

GIZ fund of $4.5M to reinforce Kingdom’s SMEs

German international development organisation Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) will provide $4.5 million in aid to promote a small- and medium-sized enterprise (SME) development project in four Asean countries, including Cambodia. In Cambodia, Ministry of Industry and Handicrafts undersecretary of state Son Seng Huot ...

Thou Vireak
https://www.phnompenhpost.com/business/giz-fund-45m-reinforce-kingdoms-smes

ADB set to provide $1.45B to aid growth

The Asian Development Bank (ADB) has announced that it will provide $1.45 billion to support a new five-year country partnership strategy (CPS) and help the Kingdom achieve its goal of becoming an upper-middle-income country by 2030, it said on Friday. ...

Thou Vireak
https://www.phnompenhpost.com/business/adb-set-provide-145b-aid-growth

Cambodia’s ranking in World Bank index drops once again

The latest release of the World Bank’s ease of doing business index puts Cambodia in the 144th spot out of 190 countries, a drop of six places from a year ago. The 2019 ease of doing business index ranked the Kingdom 138th out of 190 ...

China to provide $84M grant to strengthen Kingdom’s military

China will grant the Kingdom 600 million yuan ($84 million) as it continues to support the strengthening of the Cambodian military, Minister of National Defence Tea Banh said on Wednesday. The aid is to upgrade equipment and improve training, in what was described as comprehensive ...

Mech Dara
https://www.phnompenhpost.com/national-politics/china-provide-84m-grant-strengthen-kingdoms-military

IMF: Cambodia’s economic growth to be highest in Asean

Cambodia’s economic growth is projected to be highest in the Asean region despite facing several challenges, the International Monetary Fund (IMF) said. In its latest Regional Economy Outlook published on Tuesday, the IMF predicts that the Kingdom’s economic growth will remain strong at seven per ...

Sorn Sarath
https://www.phnompenhpost.com/business/imf-cambodias-economic-growth-be-highest-asean

IMF mission projects positive economic outlook with possible downside risks

An International Monetary Fund (IMF) team led by Jarkko Turunen, deputy division chief of the Asia Pacific Department (APD) visited Phnom Penh to conduct discussions under what is known as the Article IV consultation.​ Under the Article IV consultation, IMF staff undertakes annual surveillance and analysis ...

Poovenraj Kanagaraj
https://www.khmertimeskh.com/50651166/imf-mission-projects-positive-economic-outlook-with-possible-downside-risks/

Cambodia’s construction sector remains strong

Cambodia’s construction sector continues to grow given the gradual increase of investments in the sector and large imports of construction materials into the country, according to the latest report released on Thursday by the World Bank. The World Bank’s East Asia and Pacific Economic Update predicted ...

Realestate.com.kh staff

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