Aid and development
Concerns mount over dam
Sketchy details that fail to specify when construction of the Lower Sesan 2 hydro dam will begin, or name the Chinese company involved, have villagers fearing for their future, representatives and environmental groups say. Since the Council of Ministers announced on Friday it had signed off ...
http://www.phnompenhpost.com/index.php/2012110559575/National-news/concerns-mount-over-dam.html
French Delegation to Discuss Water Treatment
Delegates from eight French-owned companies in the water management sector will meet with government officials and officials from the Phnom Penh Water Supply Authority today to explore business opportunities in Cambodia, according to a French Embassy statement yesterday. As a part of a two-day visit, ...
Flood money runneth over
Flooding this year cost the government significantly less than expected due to better preparation and lower water levels than in previous years, first vice president of the National Committee for Disaster Management Nhim Vanda announced yesterday. The NCDM could not yet report the precise amount spent on flood ...
http://www.phnompenhpost.com/index.php/2012103159481/National-news/flood-money-runneth-over.html
Australian Senate Pushes for Fair Elections in Cambodia
The Australian Senate yesterday urged the Cambodian government to run free and fair national elections next year without the “harassment or intimidation” of opposition leader Sam Rainsy, who remains in self-imposed exile avoiding an 11-year jail sentence. The appeal comes only days after the European Parliament ...
http://www.cambodiadaily.com/news/australian-senate-pushes-for-fair-elections-in-cambodia-4930/
Laos makes moves on building Mekong dams
Even as its controversial Xayaburi Dam project is still drawing protest from Mekong river downstream countries such as Cambodia, Laos has inked a deal with South Korean firms to build and operate another large hydropower plant on the Mekong River network. According to the Phnom Penh ...
Collective approach to 'help poor'
The collective power of agricultural co-operatives could bring huge benefits to poor, small-scale farmers, a Phnom Penh conference for international World Food Day heard on Friday. The sentiments were shared by the director of Cambodia’s General Directorate of Agriculture, So Khan Rithy Kun, who said farming ...
Disasters present big risks for small GDPs
Cambodia’s small economy leaves it especially vulnerable to devastation in the face of large-scale natural disasters, United Nations agencies and Cambodian officials warned last week. “The relative size of an economy adds to the vulnerability as seen particularly in the case of the Lao Peoples’ Democratic ...
By Khouth Sophak Chakrya, P. 4
http://www.phnompenhpost.com/index.php/2012102959444/National-news/disasters-present-big-risks-for-small-gdps.html
Europe Adopts Resolution on Cambodian Rights Situation
Drawing from a long list of human rights abuses, the European Parliament has urged the Cambodian government to stop forced evictions, called on the European Commission (E.C.) to investigate the country’s controversial land concessions policy, and raised the prospect of sanctions. In a resolution passed Friday ...
http://www.cambodiadaily.com/news/europe-adopts-resolution-on-cambodian-rights-situation-4862/
European body sends a message
The European Parliament, representing one of the country’s largest donors, on Friday called for a moratorium on forced evictions, an overhaul of elections and even went so far as to suggest to the European Union that it suspend tariff-free imports of agricultural goods linked to ...
Ratanakiri deaths 'avoidable'
Better communication from authorities in Cambodia and Vietnam might have prevented the deaths of villagers and the destruction of homes in Ratanakkiri at times when water has been released from Vietnam’s Yali Falls dam, researchers said yesterday. Speaking at a national workshop about the Yali Falls ...
http://www.phnompenhpost.com/index.php/2012102559406/National-news/ratanakkiri-deaths-avoidable.html
ADB may back disputed dam
The Asian Development Bank is considering providing funds to a controversial 400 megawatt dam project in Laos that could have adverse impacts on the Mekong River in downstream Cambodia. Conservation group International Rivers wants the Lao government to pull the plug on the $1 billion Xe ...
Cambodia Moves Up in World Bank Report
Cambodia rose five places to rank 133rd out of 185 countries in the World Bank’s annual Doing Business report released yesterday, with the bank attributing the rise for the most part to the successful launch of the country’s credit bureau. Compared to other countries in the ...
ADB cites weaknesses of microfinance sector
THE PHILIPPINES is one of the leading countries in microfinance policy and regulation in Asia but it still lags in terms of scale and reach to the poor, the Asian Development Bank (ADB) said. “Of the 21 countries with ADB support during 2000-2010, ADB’s efforts were ...
Climate action plan needed
World Bank President Jim Yong Kim said yesterday that climate change will be a concern in some Asian countries, including Cambodia. He encouraged the countries to find ways to manage any affects on their economies. Economists recognize it will lower growth in some main sectors of the economy – ...
http://www.phnompenhpost.com/index.php/2012101259257/Business/climate-action-plan-needed.html
Rebuilding Cambodia's troubled railways
A project to rebuild Cambodia’s decrepit rail-system appears on track for completion, despite delays and difficulties relocating residents The ABC has been told of the $26 million originally allocated through AusAID, just over $14 million remains, and will go towards finishing tracks and building a bridge ...
http://www.abc.net.au/news/2012-10-10/an-rebuilding-cambodia27s-troubled-rail-system/4305676
Floods may lead to evacuation of 13,000 families
Preparations are in place to evacuate some 13,000 people if flooding worsens in Purst province after the Pursat River burst its banks on Monday nights leading to the evacuation of 27 families in Kandieng district. Pursat provincial governor Khoy Sokha said that floodwater, which ...
Aun Pheap, P. 18
EU Bike Import Shows Huge Shifts
The import flow of bicycles (excluding e-bikes) into the European Union is changing rapidly between countries What is in particular striking is the massive upswing in imports from Cambodia. In 2011 the European Union imported 366,000 bikes from Cambodia which took the country to the 9th ...
Relocated families appeal to Oz
Thirty families uprooted by Cambodia’s railway rehabilitation project have filed a complaint with Australia’s highest human rights body, alleging rights abuses as a result of the partially AusAid-funded rail project. The complaint to the Australian Human Rights Commission was made on behalf of the families by NGOs Equitable Cambodia and Inclusive ...
RPT-World Bank cuts East Asia GDP outlook, flags China risks
The World Bank cut its economic growth forecasts for the East Asia and Pacific region on Monday and said there was a risk the slowdown in China could get worse and last longer than expected “Economic projections for EAP (East Asia and Pacific) are surrounded by ...
http://www.reuters.com/article/2012/10/08/worldbank-asia-outlook-idUSL3E8L81IN20121008
Men Sarun rice to China
Local company Men Sarun Import Export will export fragrant milled rice to China through the Chinese-Hong Kong Enterpreneur Association, an insider said. Choun Kol, Deputy General Director of Men Sarun company, said the company officially signed a business contract with China for 10,000 tonnes of rice. He ...
Government Prepares for More Evacuations Due to Flooding
Authorities are preparing to evacuate more than 150 families from Banteay Meanchey province’s O’Chrou district, should flooding in the area get worse due to heavy rainfall and runoff from a dam that opened its gates in Thailand on Monday. The families’ homes are already affected by ...
Upcoming Book Assesses Benefits and Limitations of Foreign Aid
A new book by a Cambodian-born author, due to be published this month, is set to bring the debate over Cambodia’s dependence on foreign aid into the spotlight. Since 1992, Cambodia has received more assistance for its development than almost any other country on the planet. ...
ADB lowers Cambodia’s economic growth to 6.4% in 2012 due to weak global demand
The Asian Development Bank (ADB) slashed Cambodia’s GDP growth to 6.4 percent this year, 0.1 percentage point lower than its April’s forecast of 6.5 percent, according to the bank’s Outlook 2012 Update released on Wednesday The bank predicted that Cambodia’s gross domestic product to grow by ...
Development Bank Revises Growth Outlook
A day after the International Monetary Fund (IMF) notched up its forecast for Cambodia’s economy this year, the Asian Development Bank (ADB) yesterday revised its own estimation down slightly, to 6.4 percent. The ADB’s estimation was edged down just 0.1 percent from its last forecast made ...