Multilateral development assistance

Cambodia says it hopes to have road connectivity to Vietnam and Thailand by 2015. The connection would be part of Asean integration, a process where Cambodia lags behind its neighbors. Six countries of the Mekong River delta have worked toward linking by road since 1998, in an ...

The Asian Development Bank (ADB) on Wednesday signed a 75 million U.S. dollars loan with Cambodia’s largest bank, Acleda Bank, to address the rising financing requirements of micro, small and medium-sized enterprises (MSME) in the country. The agreement was inked between Christine Engstrom, director in ADB’s ...

Families forced to leave their homes to make way for a railway rehabilitation project funded by the Asian Development Bank and the Australian government have told the bank that a draft compensation plan it has drawn up to remedy their situation is inadequate. On Monday, Inclusive ...

When an old building formerly owned by the state was demolished on the outskirts of Battambang City in February, for some, it was the last straw. The giant, freestanding colonial-era mansion with the round windows, the blue shutters and the cracking yellow paint had become one ...

Rights groups are calling out the Australian government for being “curiously absent” from discussions about further compensation for thousands of families affected by a railway rehabilitation project that it co-funded with the Asian Development Bank. The bank has borne the brunt of criticism over botched resettlement ...

Sexual assault and the annihilation of sacred graveyards are among the many claims levelled at Vietnamese Rubber giant Hoang Anh Gia Lai (HAGL) by villagers in Ratanakkiri province, a report by the World Bank’s investment arm reveals. In February, 17 indigenous communities that accused HAGL of ...

Cambodia lacks the skilled labor force necessary to advance the economy and the government must find ways to create more valuable work as it faces fierce regional and international competition, according to a new report released Thursday by the World Bank. The report, “East Asia Pacific ...

A World Bank-supported rubber company accused of land grabs has suspended some of its projects, as an investigation by the bank continues. The Hoang Anh Gia Lai company, which received support from the bank’s International Finance Corporation, said in a decision following an April 2 ...

The Asian Development Bank (ADB) on Wednesday insisted that the Cambodian government has not turned down any of its recommendations for helping thousands of families hurt by a bank-funded project, claiming that talks over how to compensate and support the families were still underway. Last week, ...

The government has agreed to review its resettlement agreement with families relocated from railways as part of an Asian Development Bank (ADB)-funded rehabilitation project, but has refused a recommendation to set up a debt-relief scheme for the evictees, according to an action plan released by ...

The manager of Giant Ocean International, a now-defunct recruitment firm notorious for abuse scandals, was sentenced yesterday to 10 years in jail for trafficking hundreds of Cambodian fishermen to work in slave-like conditions overseas. Taiwanese national Lin Yu-shin, who ran the firm, was arrested in May ...

Cambodian deputy Prime Minister and Foreign Minister Hor Namhong on Tuesday met with two United Nations senior officials to discuss relations and cooperation between Cambodia and UN on social and economic development and human rights.     The two officials are Haoliang Xu, assistant to the UN secretary ...

The U.N.’s deputy high commissioner for human rights, Flavia Pansieri—who is on a week­long mission in Cambodia —has been asked to address an arbitrarily enforced ban on public assemblies, which has been in place since January. In a letter dated Monday, Muth Chantha, secretary-general of the ...

The International Monetary Fund (IMF) on Monday forecast Cambodia’s economy will grow by 7.2 per cent this year, 0.2 percentage point higher than last year. ...

As much as $320 million is being lost annually as a result of Cambodia’s reliance on the US dollar, while a longstanding mistrust in the riel means there is less of the local currency in circulation, restricting the national bank’s ability to respond in times ...

Residents of property development site, Boeung Kok, on Thursday gathered in front of an office of World Bank in Phnom Penh in order to present petition to the World Bank. They were seeking intervention from the World Bank to help solve years-long land dispute in their ...

Cambodia’s tax department is under-resourced and understaffed, thereby hindering its ability to generate revenue, according to an Asian Development Bank (ADB) analysis released earlier this month. The analysis, which took into account survey results from 22 tax revenue bodies across Asia between 2012 and 2013, paints ...

The Asian Development Bank announced Wednesday that it will provide $81.7 million, including a $6.7 million grant from Australia, in additional financing to help Cambodia recover from catastrophic floods in late 2013. The flooding affected 1.7 million people and caused an estimated $356 million in damage. ...

The U.N.’s human rights office in Cambodia expressed concern Monday that 22 detained protesters may not be allowed to attend their trials on Friday, while the government insisted that the prisoners will be transported to the court. Two minors were arrested for intentional violence for their ...

More than two dozen NGOs have written to the head of the Asian Development Bank demanding the immediate release of a draft plan the ADB has drawn up to help Cambodian families evicted to make way for a bank-funded railway rehabilitation project. They also want ...

Families evicted for a rail project funded by the Asian Development Bank (ADB) threatened to demonstrate if the bank does not show them its plan to improve their living conditions within one week. About 1,000 families who built homes over the country’s long-neglected train tracks were ...

The National Committee for Disaster Management (NCDM) said Tuesday that it needs an additional $217 million from donors and NGOs to help recovery efforts from the floods of September and October 2013. A document accompanying the Post-Flood Early Recovery Needs Assessment Report, prepared by the ...

Cambodia’s 11-year-old investment law may be the most liberal in the region, according to the World Bank, but in practice, day-to-day business operations are far from simple, economists and business operators say. Mey Kalyan, senior adviser to the Supreme National Economic Council, said that despite a ...

In 2011, Oeun Phirun took out a $450 loan from the Asian Development Bank, using half to buy a used motorbike and spending the rest on a small flock of ducks and chickens he hoped to raise. His family and about 1,000 others have been evicted ...