Aid and development

Prince Foundation gives a helping hand to children’s healthcare in Cambodia

Prince Foundation, via a donation by Chen Zhi, Chairman of Prince Holding Group, has contributed $200,000 to Cambodia Kantha Bopha Foundation (CKF). This will aid the ongoing operations of Kantha Bopha Hospitals, which provide free and quality health care to children in the Kingdom. ...

Khmer Times Staff
https://www.khmertimeskh.com/501191288/prince-foundation-gives-a-helping-hand-to-childrens-healthcare-in-cambodia/

$10m fund to buy rice from struggling farmers

The Ministry of Economy and Finance has pledged to provide another $10 million in addition to a $83 million fund to purchase rice from farmers at a reasonable cost amid low prices​ to avoid selling to crooked dealers. ...

Meas Molika
https://kiripost.com/stories/10m-fund-to-buy-rice-from-struggling-farmers

China-aided Phase II rural road project in Cambodia completes

The second phase of the China-aided rural road project in Cambodia has come to an end successfully, building asphalt and concrete paved roads in a total length of 120 km, officials said here on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501187237/china-aided-phase-ii-rural-road-project-in-cambodia-completes/

ADB pledges $100b to tackle regional climate change

During the 40th and 41st ASEAN Summits, ADB promised to pump $100 billion into combating climate change and promote green development across the region. ...

Seng Mengheng
https://kiripost.com/stories/adb-pledges-100b-to-tackle-regional-climate-change

China announces a financing of 200 million yuan for Cambodia’s development

Visiting Chinese Premier Li Keqiang has announced to provide a financing of 200 million yuan to further contribute to Cambodia’s development. ...

Khmer Times Staff
https://www.khmertimeskh.com/501181650/china-announces-a-financing-of-200-million-yuan-for-cambodias-development/

$70million will be spend on STEM education nationwide

A $70 million loan from the Asian Development Bank (ADB) will be utilised to aid the STEM (Science, technology, engineering, and mathematics) education nationwide in the upper secondary level. ...

Yim Sreylin
https://www.khmertimeskh.com/501180995/70million-will-be-spend-on-stem-education-nationwide/

ADB mandate inked for 2GW of solar

The state-owned power utility is set to undertake a nationwide study on ways to harness an additional 2GW capacity of solar energy proposed by a regional lender, in a pilot project expected to spur up to $100 million in investments that aims to illustrate how ...

May Kunmakara
https://www.phnompenhpost.com/business/adb-mandate-inked-2gw-solar

ADB, EDC sign mandate for two GW solar and battery storage power programme in Cambodia

The Asian Development Bank (ADB) signed a transaction advisory services mandate with Cambodia’s national utility company Électricité du Cambodge (EDC) to support the development of two gigawatts (GW) of solar power in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501179163/adb-edc-sign-mandate-for-two-gw-solar-and-battery-storage-power-programme-in-cambodia/

Major expressway accord inked ‘Nov 9’

The government plans to sign a framework agreement with Beijing on November 9 on concessional financing for the construction of the Phnom Penh-Bavet Expressway, the second of its kind in the Kingdom, after the first high-speed thoroughfare connecting the capital to the coastal Sihanoukville. ...

May Kunmakara
https://www.phnompenhpost.com/business/major-expressway-accord-inked-nov-9

Cambodia sends new batch of 346 soldiers to Mali, South Sudan for U.N. peacekeeping mission

Cambodia dispatched a new batch of 346 peacekeepers to join a United Nations peacekeeping mission in the war-torn African nations of Mali and South Sudan on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501174412/cambodia-sends-new-batch-of-346-soldiers-to-mali-south-sudan-for-u-n-peacekeeping-mission/

PM gives 500 tonnes of rice to flood-hit families

Prime Minister Hun Sen on October 23 delivered more than 500 tonnes of rice seeds to more than 5,000 households affected by floods in Banteay Meanchey province, and asked agriculture specialists to provide technical instruction to farmers, to ensure that their harvests are as successful ...

Ry Sochan
https://www.phnompenhpost.com/national/pm-gives-500-tonnes-rice-flood-hit-families

ADB approves $32.5 mln to Cambodia for improving health services for migrants

The Asian Development Bank (ADB) has approved $32.5 million in financing to Cambodia for improving access to quality health services in northwest Banteay Meanchey province, the Manila-based lender said in a statement on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501172365/adb-approves-32-5-mln-to-cambodia-for-improving-health-services-for-migrants/

FM pushes for ASEAN synergy to compete at global level

Minister of Foreign Affairs and International Cooperation Prak Sokhonn has urged all ASEAN member states to strengthen links with development partners to launch connectivity initiatives and cooperation projects throughout the region. ...

Ry Sochan and Samban Chandara
https://www.phnompenhpost.com/national-politics/fm-pushes-asean-synergy-compete-global-level

NPA urged to help Cambodia reach 2025 mine-free target

The Cambodian Mine Action and Victim Assistance Authority (CMAA) has asked the Norwegian People’s Aid (NPA) to do more to help Cambodia become mine-free by 2025. ...

Taing Rinith
https://www.khmertimeskh.com/501162600/npa-urged-to-help-cambodia-reach-2025-mine-free-target/

Cambodia’s GDP and Inflation to Rise This Year, World Bank Says

Cambodia’s GDP growth is estimated to reach 4.8% this year, and continue rising for the next two years while remaining below pre-pandemic levels, and inflation may hit 6%, more than double the rates of the last two years, the World Bank said. ...

Sorn Sarath and Matt Surrusco
https://cambojanews.com/cambodias-gdp-and-inflation-to-rise-this-year-world-bank-says/

IMF, ADB peg 2022 GDP growth at 5%

Two major multilateral lenders have forecast Cambodia’s economic growth for 2022 at around five per cent, buoyed by bumper export performance earlier in the year, coupled with ongoing policy support and continued tourism recovery, but held back by external pressures associated with Covid-19 and the ...

May Kunmakara
https://www.phnompenhpost.com/business/imf-adb-peg-2022-gdp-growth-5

Hun Sen requests UNDP support for mine-free goal

Prime Minister Hun Sen has requested that the UN Development Progamme (UNDP) continue its support for mine action in Cambodia so the Kingdom can achieve its goal of becoming mine-free by 2025. ...

Ry Sochan
https://www.phnompenhpost.com/national/hun-sen-requests-undp-support-mine-free-goal

France maintains $100M pledge for Cambodia

The French government through the French Development Agency or Agence Française de Développement (AFD) has maintained its annual financing commitment at about $100 million as a concessional loan for Cambodia to develop and recover the country’s post-Covid-19 economy in line with its national development strategy ...

Kang Sothear
https://www.khmertimeskh.com/501155615/france-maintains-100m-pledge-for-cambodia/

Sokhonn, ADB meet to discuss inclusive, ‘sustainable’ growth

Minister of Foreign Affairs and International Cooperation Prak Sokhonn on September 13 met with newly appointed Asian Development Bank (ADB) representative to Cambodia Jyotsana Varma for discussions.​​ ...

Samban Chandara
https://www.phnompenhpost.com/national/sokhonn-adb-meet-discuss-inclusive-sustainable-growth

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