Aid and development

Cambodia receives $2 million from US to fight COVID-19

The United States State Department on Tuesday issued a statement noting the US gave $2 million last month for the Kingdom’s fight against COVID-19. ...

Srey Kumneth
https://www.khmertimeskh.com/50708506/cambodia-receives-2-million-from-us-to-fight-covid-19/

A serious concern: Cambodians’ $8 billion microfinance debt

Impending COVID-19 health measures and high levels of micro debt pose a serious concern for the approximately 2.4 million Cambodians with a combined outstanding debt of $8 billion, according to a World Bank report released this week. ...

Harrison White
https://www.khmertimeskh.com/50708402/a-serious-concern-cambodians-8-billion-microfinance-debt/

World Bank advises urgent measures to avoid serious financial shock and recession

The World Bank has released several urgent recommendations to Cambodia and other countries in the East Asia Pacific, stating governments need to act quickly, cooperatively and at scale to avoid serious financial shock and recession due to the COVID-19 outbreak. ...

Sok Chan
https://www.khmertimeskh.com/50708028/world-bank-advises-urgent-measures-to-avoid-serious-financial-shock-and-recession/

GDP Growth to Shrink to 2.5% Amid Pandemic, World Bank Projects

Cambodia’s GDP growth this year could drop to its lowest rate in more than a decade, the World Bank projects, with some economic experts warning that the country’s reliance on international markets could slow recovery. ...

Danielle Keeton-Olsen
https://vodenglish.news/gdp-growth-to-shrink-to-2-5-amid-pandemic-world-bank-projects/

Healthy meals on the way for rural students in Kingdom

The Korea International Cooperation Agency (Koica) will provide $10 million to the Ministry of Education to implement a five-year Home Grown School Feeding project, which will benefit approximately 65,000 students and about 750 farming families. ...

Ry Sochan
https://www.phnompenhpost.com/national/healthy-meals-way-rural-students-kingdom

China sends more test kits

The Ministry of Health has ramped up its preparation to stem the spread of the deadly Covid-19 disease in the Kingdom thanks to help from the Jack Ma and Alibaba foundations which donated 20,000 test kits to the Kingdom. ...

Ry Sochan
https://www.phnompenhpost.com/national/china-sends-more-test-kits

Japan-Cambodia National Road 5 renovation project locked in

The Japanese and Cambodian governments have inked a financial cooperation agreement for the renovation of National Road 5 spanning 366 kilometres from Kandal province’s Prek Kdam area to Banteay Meanchey province’s Poipet city.​ ...

Pech Sotheary
https://www.khmertimeskh.com/50705611/japan-cambodia-national-road-5-renovation-project-locked-in/

Japan offers $310M in grants, loans to boost development

Japan is providing $310 million in development aid to Cambodia to help bolster the country’s economy. About $42.7 million will be delivered as aid, while the rest will be packaged into soft loans which Cambodia has to repay, but on very favourable terms. ...

Ry Sochan
https://www.phnompenhpost.com/national/japan-offers-310m-grants-loans-boost-development

Cambodia gets $1.6M for Covid-19 response from German gov’t

In light of Cambodia confirming 91 Covid-19 cases, Germany announced on Tuesday that it will provide €1.5 million ($1,618,000) to help support the Covid-19 Emergency Response Plan in the Kingdom. ...

Ry Sochan
https://www.phnompenhpost.com/national/cambodia-gets-16m-covid-19-response-german-govt

Public services get $7.67 million boost through World Bank grant

The World Bank has approved two complementary grants totalling $7.67 million to support social accountability in key public services such as health centres, primary schools, and local administrations in 10 provinces in Cambodia. ...

Long Kimmarita
https://www.phnompenhpost.com/national/public-services-get-767-million-boost-through-world-bank-grant

Preah Ang Duong hospital starts building $8 million ENT wing

Preah Ang Duong hospital in the capital on Saturday held a ground breaking ceremony for a new building costing $8million, funded by the Korea International Cooperation Agency, to provide specialised treatment for people with ear, nose and throat problems.   ...

Sen David
https://www.khmertimeskh.com/50704588/preah-ang-duong-hospital-starts-building-8-million-ent-wing/

Japan funds construction of clean water system and school buildings in Cambodia

Japanese government has provided grant assistance of nearly US$400,000 to Cambodia, under its Grant Assistance for Grassroots Human Security Projects (KUSANONE Grant). ...

Khmer Times Staff
https://www.khmertimeskh.com/50703909/japan-funds-construction-of-clean-water-system-and-school-buildings-in-cambodia/

Japan provides aid for schools, water facility in rural areas

Four provinces yesterday received nearly $400,000 in aid from the Japanese government to construct schools and infrastructure, according to the Japanese embassy in Phnom Penh. ...

Srey Kumneth
https://www.khmertimeskh.com/50703678/japan-provides-aid-for-schools-water-facility-in-rural-areas/

Japan to provide nearly $250,000 for bridge projects

Japan has agreed to provide nearly $250,000 in aid for reconstruction and development projects in Kratie and Kampot provinces.​ The commitment was made by Ambassador Mikami Masahiro yesterday at the Japanese Embassy in Phnom Penh. ...

Srey Kumneth
https://www.khmertimeskh.com/50703244/japan-to-provide-nearly-250000-for-bridge-projects/

Germany pledges further $3.8M for mine clearance

Germany has committed to providing another €3.5 million ($3,841,000) over the next two years to the Halo Trust for landmine clearance in Cambodia in a bid to help the Kingdom reach its landmine-free goal in 2025. ...

Ry Sochan
https://www.phnompenhpost.com/national/germany-pledges-further-38m-mine-clearance

COVID-19: China medical supplies for Cambodia arrive

China has provided medical supplies to Cambodia in an effort to support the Kingdom in preventing and containing the spread of COVID-19 pandemic.​ ​ ...

Chea Vannak
https://www.khmertimeskh.com/50703027/covid-19-china-medical-supplies-for-cambodia-arrive/

Japan, Cambodia boost bilateral ties

Foreign Affairs Ministry undersecretary of state Chea Kimtha and Japanese director-general for Southeast Asian Affairs Hiroshi Ishikawa held a meeting yesterday to bolster cooperation between the two countries. ...

Sun Mesa
https://www.khmertimeskh.com/50702465/japan-cambodia-boost-bilateral-ties/

UK commits $4.3 million to demining

The UK Department for International Development (DFID) has committed a further $4.3 million to aid demining activities in Cambodia as part of an extension on the Second Global Mine Action Programme (GMAP2). ...

Ry Sochan
https://www.phnompenhpost.com/national/uk-commits-43-million-demining

Government pledges $2billion fund for economy

The government has announced they have prepared an emergency reserve fund of between $800million and $2billion to aid the Kingdom’s economic recovery in the wake of the COVID-19 outbreak. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50700267/government-pledges-2billion-fund-for-economy

Gov’t cuts taxes on rubber exports to aid ailing sector

The government has reduced taxes on rubber exports to minimise the impact of a fall in the international price of the commodity. ...

May Kunmakara
https://www.phnompenhpost.com/business/govt-cuts-taxes-rubber-exports-aid-ailing-sector

Cardamom road to be inaugurated on March 9

The inauguration of the brand new 180 kilometers long Cardamom Road, National Road Number 55 will take place on Monday, 9th of March, 2020. ...

Khmer Times Staff
https://www.khmertimeskh.com/50698313/cardamom-road-to-be-inaugurated-on-march-9

Japan donates $960,000 to Khmer Rouge tribunal

The Japanese government has announced a new contribution of $960,000 to the international component of the Extraordinary Chambers in the Courts of Cambodia (ECCC) to support the continuation of the Khmer Rouge tribunal. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national-kr-tribunal/japan-donates-960000-khmer-rouge-tribunal

BIN & TGB Charity support children’s education in Cambodia

TGB Charity, a subsidiary charity brand of BBIN, partnered with Cambodian Children’s Fund (CCF) this year and donated US$40,000 to various educational projects to support vulnerable children in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/50697539/bin-tgb-charity-support-childrens-education-in-cambodia

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