Aid and development

More funds to fight climate change

The European Union yesterday pledged an additional €6 million to the Cambodia Climate Change Alliance Programme, as the 10-year plan, first implemented in 2010, entered its second phase of development. ...

Rebecca Moss
http://www.phnompenhpost.com/more-funds-fight-climate-change

Cambodia on verge of transitioning from low-income to middle-income country: ADB chief

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. ...

The Cambodia Herald​ News Staff
http://bit.ly/1Eal4qY

No more ADB funding to finish stalled railway project

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។ ...

Zsombor Peter
https://www.cambodiadaily.com/news/no-more-adb-funding-to-finish-stalled-railway-project-79470/

ADB chief pledges continued support to Cambodia for socio-economic development

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. ...

The Cambodia Herald​ News Staff
http://bit.ly/1BvKheC

Business input sought on use of donor funds

Business has been encouraged to have more input into the allocation of donor money spent on projects aiming to boost trade in the Kingdom. Speaking during a panel discussion yesterday at a conference on government-private sector partnership, representatives from both government and development agencies said the ...

Chan Muyhong
http://www.phnompenhpost.com/business-input-sought-use-donor-funds

Campaign aims to boost Adult Literacy

UNESCO and the Ministry of Education on Monday launched a two-month joint campaign to raise the adult literacy rate to 84.4 percent by the end of the year by airing television and radio spots to encourage enrollment in after-school literacy classes. ...

Hul Reaksmey and Ben Woods
https://www.cambodiadaily.com/news/campaign-aims-to-boost-adult-literacy-78943/

EU launches 11 mln USD education capacity development project in Cambodia

The European Union on Monday launched the second phase education capacity development project worth 11 million U.S. dollars in Cambodia, aiming at strengthening the skills of educators. ...

The Cambodia Herald​ News Staff
http://bit.ly/1L9DgCj

Parties split on election ‘insult’ ban;Rainsy wants new word

The appropriate scope of a controversial proposed ban on NGOs “insulting” political parties in election campaigns on Monday continued to divide the CPP and CNRP during talks to amend the nation’s election law, with the negotiating teams deciding to pass the issue on to their ...

Alex Willemyns and Kuch Naren
https://www.cambodiadaily.com/news/parties-split-on-election-insult-ban-rainsy-wants-new-word-78109/

CPP youth group, road safety NGO launch helmet campaign

A CPP-aligned youth group and a regional road-safety NGO on Tuesday launched a $1.2 million, two-year pilot program to educate Cambodians about the importance of wearing helmets while driving or riding as passengers on motorbikes. ...

Khuon Narim and Max Weinstein
https://www.cambodiadaily.com/news/cpp-youth-group-road-safety-ngo-launch-helmet-campaign-77747/

Rice Federation may rely on banks, gov’t for capital

The Cambodian Rice Federation (CRF) plans to borrow at least $400,000 for international marketing campaigns if it fails to meet its goal of raising $777,000 for the plans through imposing export fees on its members, the organization’s president said Friday at CRF’s annual conference. ...

Kang Sothear
https://www.cambodiadaily.com/business/rice-federation-may-rely-on-banks-govt-for-capital-77548/

Rights groups ask World Bank to hold meeting with evictees

Rights groups have asked the World Bank to schedule a “special meeting” with evictees before deciding whether to lift a freeze on new loans to Cambodia, and to hold it in Thailand so that participants can speak their minds without fear of reprisal from the ...

Zsombor Peter
https://www.cambodiadaily.com/news/rights-groups-ask-world-bank-to-hold-meeting-with-evictees-77417/

Rights groups ask World Bank to hold meeting with evictees

Rights groups have asked the World Bank to schedule a “special meeting” with evictees before deciding whether to lift a freeze on new loans to Cambodia, and to hold it in Thailand so that participants can speak their minds without fear of reprisal from the ...

Zsombor Peter
https://www.cambodiadaily.com/news/rights-groups-ask-world-bank-to-hold-meeting-with-evictees-77417/

EU seeks negotiation on timber agreement

As Vietnam and Laos negotiate to enter a European Union trade agreement aimed at improving forestry governance, the EU – one of the world’s top timber importers – is urging Cambodia to join the scheme. ...

Chan Muyhong
http://www.phnompenhpost.com/business/eu-seeks-negotiation-timber-agreement

Development plan in works

Villagers in three provinces are currently being surveyed by the Ministry of Rural Development and South Korea’s International Cooperation Agency (KOICA) for an upcoming development pilot project. The surveys in Takeo, Kampong Speu and Tbong Khmum provinces seek to find 30 villages to be a part ...

Taing Vida and Sean Teehan
http://www.phnompenhpost.com/national/development-plan-works

EU hires experts to help gov’t compensate evictees

The European Union (EU) said this week that it has hired a pair of consultants to help the government design a system for compensating the thousands of families believed to have had their homes or farms illegally confiscated by the country’s private sugar plantations. ...

Zsombor Peter
https://www.cambodiadaily.com/news/eu-hires-experts-to-help-govt-compensate-evictees-76567/

Funding ‘not misused’

During a defence of his 30-year legacy on Wednesday, Prime Minister Hun Sen also took pains to extricate the nation’s newest, longest and most expensive bridge from corruption allegations. ...

Laignee Barron
http://www.phnompenhpost.com/national/funding-not-misused

Gov’t requests Chinese funding for rice warehouses

In a bid to stock 1.2 million tonnes of rice paddy, Cambodia has sent a draft memorandum of understanding to China asking the country for a $300 million loan to build more than 10 warehouses nationwide. The draft MoU was prepared by the Ministry of Economy ...

Hor Kimsay
http://www.phnompenhpost.com/business/govt-requests-chinese-funding-rice-warehouses

Review of financial policies needed: World Bank

In the face of global economic fragility, the Cambodian government needs to review its fiscal policies and deepen its pockets – building a “buffer” for use in times of crisis, the World Bank has warned. The World Bank’s Global Economic Prospects 2015 report states that Cambodia ...

Eddie Morton
http://www.phnompenhpost.com/business/review-financial-policies-needed-world-bank

Oil plunge a boon for developing nations: WB

Oil-importing nations such as Cambodia should be first in line to benefit from the oil-price decline provided they swiftly enact reforms to reinvest savings into strengthening fiscal policy and human capital, according to the World Bank. ...

Eddie Morton
http://www.phnompenhpost.com/business/oil-plunge-boon-developing-nations-wb

Appeal aired: EU hears out groups from Battambang

The European Union will speak to Cambodia’s government on behalf of two communities in Battambang involved in land disputes, according to the rights group Adhoc. ...

Pech Sotheary
http://www.phnompenhpost.com/national/appeal-aired-eu-hears-out-groups-battambang

ILO calls on global garment buyers to help absorb Cambodia's new minimum wage

Global garment brands who source their products from Cambodia should play a part in helping the industry absorb the new minimum wage of US$ 128 per month, according to experts from the International Labour Organization (ILO). The new minimum wage for the approximately half-a-million workers in ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/ilo-calls-on-global-garment-buyers-to-help-absorb-cambodias-new-minimum-wage-7991

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