Asian Development Bank (ADB)

The Asian Development Bank (ADB) has received a complaint from 22 Cambodians who say the lender is falling short in its efforts to fix the mistakes it has made in planning and carrying out its ongoing rehabilitation of the country’s dilapidated railway tracks. ...

Another group of families living along Cambodia’s dilapidated railway tracks is filing a complaint with the compliance review panel of the Asian Development Bank (ADB), accusing the lender of failing to abide by its own resettlement policies. ...

The Council of Ministers on Friday approved a plan to increase the amount of borrowing from foreign countries by as much as 33 percent over the next three years, in a bid to counter a decrease in grants and concessional loans. ...

Economists and industry experts disagreed Tuesday on the effects that recent currency devaluations in China and Vietnam would have on the Cambodian economy. ...

Asian Development Bank (ADB) President Takehiko Nakao said here Tuesday that Cambodia is on the verge of transforming from a low-income to a middle-income country. The middle-income nation is defined by the GDP (gross domestic product) per capita between 1,045 U.S. dollars and 12,746 U.S. ...

ប្រធាន​ធនាគារ​អភិវឌ្ឍន៍​អាស៊ី​ដែល​មក​ធ្វើ​ទស្សន​កិច្ច លោក តាកេហ៊ីកុ ណាកាវ (Takehiko Nakao) បាន​មាន​ប្រសាសន៍​កាលពី​ថ្ងៃ​អង្គារ​ថា នឹង​មិន​មាន​ប្រាក់​ថែមទៀត​ពី​ធនាគារ​នេះ​ដើម្បី​បញ្ចប់​គម្រោង​ដែល​ជាប់​ គាំង​និង​ក្ស័យធន ដើម្បី​ស្ថារ​បណ្តាញ​ផ្លូវ​ដែក​ចាស់​របស់​ប្រទេស​កម្ពុជា គឺ​គម្រោង​មាន​ទឹក​ប្រាក់​១៤២​លាន​ដុល្លារ ដែល​ត្រូវ​គេ​ចាត់​ទុក​ថា​ជា​ការ​ផ្តួចផ្តើម​ហេដ្ឋា​រចនា​សម្ព័ន្ធ​ដ៏​ សំខាន់។ ...

Asian Development Bank (ADB) President Takehiko Nakao on Tuesday pledged to provide continued support to Cambodia for socio-economic development, a Cambodian spokesman said. He said the nation’s poverty rate had fallen from 53 percent in 2004 to 18 percent in 2014. ...

Asian Development Bank (ADB) provided US$67 millions in loan to support and improve water supply, tourism and financial sectors in Cambodia. The loan agreement was signed Thursday between Aun Pornmoniroth, Cambodia’s Minister of Economy and Finance, and Eric Sidgwick, ADB Country Director for Cambodia. ...

The Asian Development Bank (ADB) announced Monday that it would provide over 800 million U.S. dollars in concessional finance to Cambodia over five years to support the Southeast Asian nation in economic development and poverty reduction. ...

The Asian Development Bank (ADB) has approved an 18-million-U.S. dollars loan to build a ferry terminal and other infrastructure in Cambodia’s southern Kampot province to open up new opportunities for tourism, the bank said on Tuesday. ...

Cambodia’s international donors met Tuesday to decide whether they will comply with the government’s recent move to increase the per diem that civil servants receive for attending work-related, out-of-office events. In July, Prime Minister Hun Sen signed off on a sub-decree raising the Daily Subsistence Allowance ...

The World Bank and Asian Development Bank issued a report on Tuesday, urging Cambodia to improve its electricity supply and workforce in order to be competitive. Intermittent electricity, informal payments and a low-skill labor force are all major constraints to doing business in Cambodia, the ...

Cambodia must do more than open its borders for trade and investment if it hopes to benefit from regional economic integration and reduce the glaring economic inequality wrought by entrenched patronage networks and corrupt institutions, according to a new report by the Asian Development Bank ...

The Asian Development Bank (ADB) on Monday signed to provide grant and loan agreements worth nearly 99 million U.S. dollars to Cambodia for three development projects, the bank said in a press statement.​ The agreements cover a rural roads improvement project, a technical and vocational ...

Officials delayed the bidding process for three projects funded by the Asian Development Bank (ADB) on Wednesday after heated arguments between bidders broke out in Kompong Cham province’s Choeung Prey district, local officials said on Thursday. ...

People living along the railroads in Phnom Penh city has made another demonstration in front of ADB’s office in Cambodia for the third time. However, there was not any better response from ADB than the previous times. People affected by the railroad development project which ...

The Asian Development Bank (ADB) on Monday promised to help pry answers out of the government for residents of Phnom Penh who fear losing all or some of their land to a bank-funded project to rehabilitate the country’s railway network. ...

The Asian Development Bank (ADB) announced last week a $30 million loan aimed at overhauling Cambodia’s technical and vocational education system (TVET). According to a September 26 statement issued by the ADB, the new funding will go towards launching a “competency-based” assessment and certification process, and ...

The Asian Development Bank (ADB) has maintained its growth projections for Cambodia in 2014. The ADB’s midyear outlook for Cambodia, released yesterday, states that Cambodia’s economy still stands to achieve 7 per cent growth by the end of the year, and potentially 7.3 per cent in ...

Prime Minister Hun Sen yesterday defended his government, saying its reputation for corruption is undeserved, laying blame on the private sector for initiating the bribe process and calling out international development partners for applying double standards. Speaking at the Eighth Regional Conference of Anti-Corruption Intiative for ...

The government has finished calculating the additional compensation it will pay out to some of the families forced to move for a $143 million railway rehabilitation project being funded mostly by the Asian Development Bank (ADB), according to a new report. The report, released this week ...

Cambodian Prime Minister Hun Sen said Wednesday that countries and economies in Asia and the Pacific region needed to work together to fight against corruption. ...

About 50 villagers who live near railway lines in Phnom Penh gathered outside the Asian Development Bank yesterday morning to again demand more detailed information about what will happen to them during forthcoming phases of a bank-funded railway rehabilitation project. ...

Cambodia stands to be the biggest beneficiary, in terms of GDP growth, for the first decade following ASEAN Economic Integration in 2015, according to a study released publicly today by the International Labour Organisation (ILO). The ILO’s 160-page report says Cambodia could see a 19.9 per ...