Aid and development

Multilateral development assistance

Rail evictees threaten protests against ADB

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 ...

Zsombor Peter and Phorn Bopha
http://www.cambodiadaily.com/news/rail-evictees-threaten-protests-against-adb-56290/

Rethinking investment laws

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 ...

Eddie Morton
http://www.phnompenhpost.com/business/rethinking-investment-laws

Cambodia: UN expert concerned over curbs affecting human rights, democratic processes

The United Nations independent expert on the situation of human rights in Cambodia, expressed concern today that the country’s National Assembly held its second session last week without the opposition representatives taking up their seat, and urged the legislature to upkeep the key principles of ...

UN News Center Staff
http://www.un.org/apps/news/story.asp?NewsID=47525&Cr=cambodia&Cr1=

World Bank raises growth forecast for Cambodia in 2014

The World Bank upwardly revised Monday its GDP growth forecast for Cambodia this year to 7.2 percent, up from its October projection of 7.0 percent. In explaining the higher forecast, the bank’s East Asia and Pacific Economic Update pointed to “the expectation of renewed confidence and ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=YjY5Zjc3MTUwZDg

World Bank says Cambodia has most liberal foreign investment regime in ASEAN

The World Bank says Cambodia has the most open foreign direct investment regime in ASEAN while Thailand has the most restrictive. In a report released Monday, the bank also said that Cambodia had recently emerged as ASEAN’s second-biggest recipient of foreign direct investment in the agricultural ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=OGM2MTVmYTQ0NTM

ADB predicts slower growth for 2014

The Asian Development Bank on Tuesday said it expects Cambodia’s economic growth to slow slightly in 2014. In its annual “Asian Development Outlook,” the bank said it expects to see a drop in the rate from about 7.2 percent last year to 7 percent this year ...

Suy Heimkhemra
http://www.voacambodia.com/content/adb-predicts-slower-growth-for-2014/1883732.html

Compensation plan agreed to, says ADB

Following a scathing report from its internal watchdog about the resettlement of thousands of Cambodian families affected by a national railway rehabilitation project that it is funding, the Asian Development Bank has agreed with the government on an action plan for further compensation, it said ...

Kevin Ponniah
http://www.phnompenhpost.com/national/compensation-plan-agreed-says-adb

Cambodia sees improvements in logistics performance: World Bank

Cambodia has seen significant improvements in logistics performance in the last four years, a World Bank’s senior official said Wednesday. “According to the World Bank Logistics Performance Index (LPI), Cambodia’s LPI ranking has risen spectacularly by 46 places, to 83rd out of 160 countries in 2014, ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=208878

UNICEF says 6.3 million Cambodians still lack access to safe water

It is almost four years since the UN General Assembly declared that water was a human right, meaning every person should have access to safe water and basic sanitation, yet 6.3 million Cambodians do not have this basic necessity, UNICEF said to mark World Water ...

UNICEF Media Centre Staff
http://www.unicef.org/cambodia/12681_22270.html

Education boost needed: PM

Prime Minister Hun Sen yesterday encouraged Cambodia to pick up the slack on its higher-education system in order to bolster the country’s economic competitiveness. “Training human resources is necessary to developing the labour market and encouraging investments,” the premier said during the Royal University of Law ...

Chhay Channyda and Laignee Barron
http://www.phnompenhpost.com/national/education-boost-needed-pm

Latrine numbers up

The number of Cambodian rural households with access to latrines increased from 23 to 33 per cent in 2013, a Ministry of Rural Development report released yesterday says. Chreay Pom, director of the ministry’s rural health care department, said that last year, the ministry constructed about ...

Sen David
http://www.phnompenhpost.com/national/latrine-numbers

Clean water access ‘improves’

Cambodia is making steady headway towards its goal of providing universal clean-water access. “The 2013 population census shows that the percentage of people who now have clean water sources has climbed to 49 per cent. We will be able to achieve the 2015 Millennium Development Goal ...

Phak Seangly
http://www.phnompenhpost.com/national/clean-water-access-%E2%80%98improves%E2%80%99

City Hall wants World Bank, NGOs to compensate evicted families

Representatives of some of the 3,000 families evicted from Phnom Penh’s Boeng Kak neighborhood in recent years said Thursday that municipal government officials, who were ultimately responsible for the mass evictions, told them they would be inviting the World Bank and NGOs to help compensate ...

Mech Dara
http://www.cambodiadaily.com/news/city-hall-wants-world-bank-ngos-to-compensate-evicted-families-53681/

Solar power for communes

The offices of commune officials along the Tonle Sap basin will soon be solar-powered as part of a poverty-reduction project backed by the Asian Development Bank. Some 123 off-the-grid commune council offices in Banteay Meanchey, Siem Reap, Kampong Thom and Kampong Cham provinces will be fitted ...

Daniel de Carteret
http://www.phnompenhpost.com/business/solar-power-communes

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