Aid and development

Multilateral development assistance

IMF urges closer cooperation between statistics agencies in Cambodia

The International Monetary Fund (IMF) says closer cooperation between statistics-producing agencies in Cambodia is “essential” to improve the quality of macroeconomic statistics. ...

Sao Da/AKP
https://www.khmertimeskh.com/50778524/imf-urges-closer-cooperation-between-statistics-agencies-in-cambodia/

Micro, small, medium firms vital but need support: Report

Strengthening the dynamics of micro, small, and medium enterprises (MSMEs) with innovation and internationalisation will be key to revitalising Southeast Asian economies devastated by Coronavirus, according to a new report from the Asian Development Bank (ADB). ...

Sok Chan
https://www.khmertimeskh.com/50777691/micro-small-medium-firms-vital-but-need-support-report/

UN says Cambodian rice farming faces challenges

The UN’s Global Reporting Initiative shows the Cambodia rice sector has faced significant sustainability challenges of decreasing returns for small-scale producers, inadequate uptake of responsible farming practices and smallholder engagement models amid calls for increasing organic production. ...

Sorn Sarath
https://www.khmertimeskh.com/50777272/un-says-cambodian-rice-farming-faces-challenges/

73 Blue Helmets sent for UN mission in South Sudan

Seventy-three Cambodian Blue Helmets were dispatched to South Sudan on Sunday to join the UN peacekeeping mission in the east African country. ...

Sen David
https://www.khmertimeskh.com/50777089/73-blue-helmets-sent-for-un-mission-in-south-sudan/

Asean-UN join forces against COVID-19, landmines

Foreign Affairs Minister Prak Sokhonn has reiterated Cambodia’s support for the crucial roles the United Nations is playing in steering global efforts to combat COVID-19. ...

Ry Sochan
https://www.khmertimeskh.com/50776023/asean-un-join-forces-against-covid-19-landmines/

WFP director outlines continued transition into technical assistance

The World Food Programme’s (WFP) new Country Director, Claire Conan, has stated that the organisation is continuing with its transition into providing more technical assistance partnerships with the Cambodian government and local agricultural sector. ...

Harrison White
https://www.khmertimeskh.com/50770737/wfp-director-outlines-continued-transition-into-technical-assistance/

‘Uncertainty’ remains over economic outlook

The World Bank has forecast a sharp contraction of negative two percent for the local economy this year, adding that Cambodia’s unfavourable growth outlook alongside disruptions to jobs and lower household incomes means poverty is likely to increase. ...

Harrison White
https://www.khmertimeskh.com/50767885/uncertainty-remains-over-economic-outlook/

Cambodia commits over 200 to peacekeeping missions in Mali

Cambodia has dispatched 218 Blue Helmets to join the United Nation’s peacekeeping mission in Mali. ...

Sen David
https://www.khmertimeskh.com/50763440/cambodia-commits-over-200-to-peacekeeping-missions-in-mali/

ADB provides $127.8 million loan for reliable electricity infrastructure

The Asian Development Bank (ADB)approved a $127.8 million loan on Friday to expand the construction of transmission lines and substations, aiming to help provide Phnom Penh and three other provinces with a stable and reliable electricity supply. ...

Ry Sochan
https://www.khmertimeskh.com/50763512/adb-provides-127-8-million-loan-for-reliable-electricity-infrastructure/

Cambodia gets $127.8 million ADB loan to help expand power grid

The Asian Development Bank has approved a $127.8 million loan to support the construction of transmission lines and substations to help provide Phnom Penh and three other Cambodian provinces with stable and reliable electricity supply. ...

Khmer Times Staff
https://www.khmertimeskh.com/50763156/cambodia-gets-127-8-million-adb-loan-to-help-expand-power-grid/

UN rapporteur told to follow code of conduct

The Cambodian Permanent Mission to the UN Office in Geneva on Wednesday urged UN Special Rapporteur on Human Rights in Cambodia Rhona Smith to strictly observe the code of conduct and her office’s operations manual.​ ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/un-rapporteur-told-follow-code-conduct

Cambodia will not ask UN to postpone peacekeeper replacement after all

Prime Minister Hun Sen today changed his mind by not asking the United Nations to postpone replacement of Cambodian peacekeeping troops on their mission abroad. ...

Ben Sokhean
https://www.khmertimeskh.com/50755486/cambodia-will-not-ask-un-to-postpone-peacekeeper-replacement-after-all/

Cambodian asks UN to delay replacement of Blue Helmet troops

Prime Minister Hun Sen has called on the United Nations to delay the replacement of Cambodian peacekeeping forces due to COVID-19 pandemic. ...

Heng Panha/AKP
https://www.khmertimeskh.com/50755438/cambodian-asks-un-to-delay-replacement-of-blue-helmet-troops/

Industry 4.0: How Cambodia can build for the future

A conference was held at the UN Development Programme (UNDP) head office in Phnom Penh as well as over video conference to discuss a new report conducted by the UN and the Institute for Manufacturing Educational Consultancy Services (IfM ECS) within the University of Cambridge). ...

Jason Boken
https://www.khmertimeskh.com/50754083/industry-4-0-how-cambodia-can-build-for-the-future/

$100 million credit for rural roads

The World Bank has approved a $100 million credit from the International Development Association (IDA) to improve access to basic services and economic opportunities in Cambodia. ...

Sok Chan
https://www.khmertimeskh.com/50746299/100-million-credit-for-rural-roads/

UN gives $1 million for migrant-worker support programme

The United Nations is providing $1 million for a joint programme with the government to provide support to returning migrant workers in three provinces. ...

Khmer Times Staff
https://www.khmertimeskh.com/744697/un-gives-1-million-for-migrant-worker-support-programme/

UN gives $1 million for migrant-worker support programme

The United Nations is providing $1 million for a joint programme with the government to provide support to returning migrant workers in three provinces. Interior Minister Sar Kheng said yesterday the six-month programme will be carried out in Banteay Meanchey, Battambang and Siem Reap provinces. ...

Khmer Times Staff
https://www.khmertimeskh.com/50744697/un-gives-1-million-for-migrant-worker-support-programme/

Exclusive ADB may offer more than $1.5b in new funding

Khmer Times can report that the Asian Development Bank (ADB) is proposing to provide $1.5211 billion of new funding in its updated Cambodia country operations and business plan (COBP) 2021-2023. ...

Harrison White
https://www.khmertimeskh.com/50744668/exclusive-adb-may-offer-more-than-1-5b-in-new-funding/

ADB approves $250 million Covid-19 loan

The Asian Development Bank (ADB) on Wednesday approved a $250 million loan to help the Cambodian government respond to the Covid-19 pandemic by strengthening the healthcare system and increasing social assistance to the poor and vulnerable. ...

Long Kimmarita
https://www.phnompenhpost.com/national/adb-approves-250-million-covid-19-loan

World Bank approves $93 million for Land Tenure Security of poor indigenous farmers

The World Bank has approved  $93 million credit from the International Development Association (IDA) for the Cambodia Land Allocation for Social and Economic Development Project III (LASED III). The project will help improve land tenure security and access to infrastructure and agricultural and social services ...

Sok Chan
https://www.khmertimeskh.com/50738809/world-bank-approves-93-million-for-land-tenure-security-of-poor-indigenous-farmers/

Clean energy development presents challenges

With its aim to expand solar energy investment by 12 percent by the end of this year and increase it up to 20 percent over the next three years, Cambodia has been facing challenges of transiting to clean energy development, according to a case study ...

Sorn Sarath
https://www.khmertimeskh.com/50737288/clean-energy-development-presents-challenges/

World Oceans Day prompts re-think a push towards a ‘Blue Economy’

The Asian Development Bank has renewed the push for Cambodia and the Asian region to refocus its efforts away from the current “Ocean Economy” and towards a new, more sustainable “Blue Economy”, as yesterday marked World Oceans Day. ...

Harrison White
https://www.khmertimeskh.com/50731634/world-oceans-day-prompts-re-think-a-push-towards-a-blue-economy/

IMF: Gov’t needs to address long-lasting employment

Economic data released this week by the International Monetary Foundation (IMF) shows that the long-lasting effects of five previous pandemics and their economic shocks have much worse effects on the employment prospects for workers with low levels of educational attainment.​​ ...

Harrison White
https://www.khmertimeskh.com/50722552/imf-govt-needs-to-address-long-lasting-employment/

Sharp drop in wages sent back to Kingdom

Cambodia is to join the ranks of declining overseas worker remittances this year after the World Bank projected global remittances will decline sharply by about 20 percent in 2020 because of the economic crisis induced by the COVID-19 pandemic and consequent business shutdowns ...

Sorn Sarath
https://www.khmertimeskh.com/50717705/sharp-drop-in-wages-sent-back-to-kingdom/

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