Aid and development

Multilateral development assistance

ADB set to provide $1.45B to aid growth

The Asian Development Bank (ADB) has announced that it will provide $1.45 billion to support a new five-year country partnership strategy (CPS) and help the Kingdom achieve its goal of becoming an upper-middle-income country by 2030, it said on Friday. ...

Thou Vireak
https://www.phnompenhpost.com/business/adb-set-provide-145b-aid-growth

Cambodia’s ranking in World Bank index drops once again

The latest release of the World Bank’s ease of doing business index puts Cambodia in the 144th spot out of 190 countries, a drop of six places from a year ago. The 2019 ease of doing business index ranked the Kingdom 138th out of 190 ...

IMF: Cambodia’s economic growth to be highest in Asean

Cambodia’s economic growth is projected to be highest in the Asean region despite facing several challenges, the International Monetary Fund (IMF) said. In its latest Regional Economy Outlook published on Tuesday, the IMF predicts that the Kingdom’s economic growth will remain strong at seven per ...

Sorn Sarath
https://www.phnompenhpost.com/business/imf-cambodias-economic-growth-be-highest-asean

IMF mission projects positive economic outlook with possible downside risks

An International Monetary Fund (IMF) team led by Jarkko Turunen, deputy division chief of the Asia Pacific Department (APD) visited Phnom Penh to conduct discussions under what is known as the Article IV consultation.​ Under the Article IV consultation, IMF staff undertakes annual surveillance and analysis ...

Poovenraj Kanagaraj
https://www.khmertimeskh.com/50651166/imf-mission-projects-positive-economic-outlook-with-possible-downside-risks/

Cambodia’s construction sector remains strong

Cambodia’s construction sector continues to grow given the gradual increase of investments in the sector and large imports of construction materials into the country, according to the latest report released on Thursday by the World Bank. The World Bank’s East Asia and Pacific Economic Update predicted ...

Realestate.com.kh staff

Governor seeks World Bank’s help to tackle waste woes

Due to the rapid growth of the Kingdom’s coastal city of Sihanoukville, the amount of rubbish being produced daily has skyrocketed from just 100 to 200 tonnes per day in 2015 to a staggering 1,000 tonnes today, prompting Preah Sihanouk’s governor to request World Bank ...

Ben Sokhean
https://www.khmertimeskh.com/50649191/governor-seeks-world-banks-help-to-tackle-waste-woes/

ADB continues its support of Kingdom’s financial inclusion

The Asian Development Bank (ADB) has approved a $40 million policy-based loan to support poor and rural households and improve their financial access, it said. ...

Thou Vireak
https://www.phnompenhpost.com/business/adb-continues-its-support-kingdoms-financial-inclusion

Fishing communities given 100 motorboats

The Ministry of Agriculture, Forestry and Fisheries has provided 50 communities in Kratie and Stung Treng provinces with 100 motorboats from the World Bank to strengthen preservation and combat fisheries crimes. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/fishing-communities-given-100-motorboats

Prime Road Alternative wins rights to 60MW solar farm

Prime Road Alternative Company Limited won construction rights to a 60MW solar farm project at an auction, according to the Asian Development Bank (ADB). An ADB press release released last week shows that the auction, which was conducted by Electricite du Cambodge (EdC), ended with ...

Thou Vireak
https://www.phnompenhpost.com/business/prime-road-alternative-wins-rights-60mw-solar-farm

Government to spend $4 million on Lased II

The government will spend some $4 million on the Land Allocation for Social and Economic Development Project Phase II (Lased II) to benefit almost 600 families in Prasat Balang district’s Doung commune in Kampong Thom province. The land allocation is aimed at alleviating poverty in ...

Voun Dara
https://www.phnompenhpost.com/national/government-spend-4-million-lased-ii

Bidding on major artery renovation to begin next month

The Ministry of Public Works and Transport yesterday announced that the renovation of National Road 4, which connects the capital with Sihanoukville in the south, will begin early next year. The ministry said bidding for the project will start in September. National Road 4 is one ...

Chea Vannak
https://www.khmertimeskh.com/50635502/bidding-on-major-artery-renovation-to-begin-next-month/

Ministry requests ADB aid for the most needy

Cambodia on Tuesday requested the Asian Development Bank (ADB) to consider providing aid – especially to the elderly, people with disabilities and orphaned children. In the meantime, the bank is studying the country’s social welfare system before announcing a raft of technical assistance as part ...

Long Kimmarita
https://www.phnompenhpost.com/national/ministry-requests-adb-aid-most-needy

Cambodia’s workforce needs help

The Asian Development Bank’s (ADB) recent US$60 million loan to Cambodia is set to boost the skills and competitiveness of its growing labour force as the country’s economy undergoes a key transition. Driven by garment exports and tourism, Cambodia’s economy grew by an average of ...

Jason Thomas
https://theaseanpost.com/article/cambodias-workforce-needs-help

ADB approves $60 million loan for skills training

Asian Development Bank yesterday approved a $60 million loan to Cambodia to boost labor skills and competitiveness and help the government’s efforts to transit the economy into a skills-driven one. Cambodia is ranked 110th out of 140 economies in the 2018 Global Competitiveness Report, based on ...

May Kunmakara
https://www.khmertimeskh.com/50617576/adb-approves-60-million-loan-for-skills-training/

NBC set to hold annual meet highliting agricultural issues

The National Bank of Cambodia (NBC) is set to hold the 6th Annual Macroeconomic Conference at the end of this year, which will focus on the Kingdom’s agriculture sector challenges. The conference on Agriculture Sector in a Rapid Structural Transformation and Uncertain Global Trade Environment ...

Sorn Sarath
https://www.phnompenhpost.com/business/nbc-set-hold-annual-meet-highliting-agricultural-issues

World Bank to provide $1 billion in assistance, Ministry says

The World Bank will approve the disbursement of $1 billion to Cambodia to develop priority sectors in the next five years, according to the Ministry of Economy and Finance. The announcement was made by a World Bank delegation during a recent meeting with Acting Minister of ...

Chea Vannak
https://www.khmertimeskh.com/50605107/world-bank-to-provide-1-billion-in-assistance-ministry-says/

World Bank: EU exports may decline up to $654M

The value of Cambodian exports to the EU is expected to decline between $513-$654 million per annum if the country’s tariff-free access is withdrawn, according to a World Bank report released on Monday. The World Bank’s assessment – made in a report named Cambodia Economic ...

Hor Kimsay
https://www.phnompenhpost.com/business/world-bank-eu-exports-may-decline-654m

NBC releases Financial Stability Review to the public for the first time

The National Bank of Cambodia (NBC) released its Financial Stability Review for the first time on Wednesday, outlining the work needed to monitor economic security and develop macro-prudential measures to cope with systemic risks. The Financial Stability Review has been produced by NBC since 2001 ...

Hor Kimsay
https://www.phnompenhpost.com/business/nbc-releases-financial-stability-review-public-first-time

Economic growth set to slow this year: WB report

Cambodia’s economy remains in a “robust” condition but economic growth is projected to slow slightly this year compared to last, mainly due to weaker than expected external demand, according to a World Bank report released on Wednesday. The bank forecast the Cambodian economy to grow ...

Hor Kimsay
https://www.phnompenhpost.com/business/economic-growth-set-slow-year-wb-report

IMF: Economic outlook robust

Cambodia’s economic outlook remains robust in the near-term despite the country set to face bigger external risks and potentially lose trade privileges to its main markets, an International Monetary Fund (IMF) team has told the finance minister. An IMF team visited Phnom Penh earlier this ...

Hor Kimsay
https://www.phnompenhpost.com/business/imf-economic-outlook-robust

Contact us

Contact us

Do you have questions on the content published by Open Development Cambodia (ODC)? We will gladly help you.

Have you found a technical problem or issue on the Open Development Cambodia (ODC) website?

Tell us how we're doing.

Do you have resources that could help expand the Open Development Cambodia (ODC) website? We will review any map data, laws, articles, and documents that we do not yet have and see if we can implement them into our site. Please make sure the resources are in the public domain or fall under a Creative Commons license.

File was deleted
ERROR!

Disclaimer: Open Development Cambodia (ODC) will thoroughly review all submitted resources for integrity and relevancy before the resources are hosted. All hosted resources will be in the public domain, or licensed under Creative Commons. We thank you for your support.

nyvmF
* The idea box couldn't be blank! Something's gone wrong, Please Resubmit the form! Please add the code correctly​ first.

Thank you for taking the time to get in contact!