Aid and development
Multilateral development assistance
Tax dept can’t do job, report says
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 ...
Eddie Morton
http://www.phnompenhpost.com/business/tax-dept-can%E2%80%99t-do-job-report-says
ADB provides Cambodia more than $80 mil. for flood relief
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. ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/140423/adb-provides-cambodia-more-80-mil-flood-relief
UN concerned about detainees’ presence at trials
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 ...
Lauren Crothers
http://www.cambodiadaily.com/news/un-concerned-about-detainees-presence-at-trials-56914/
ADB urged to consult rail project evictees
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 ...
Zsombor Peter
http://www.cambodiadaily.com/news/adb-urged-to-consult-rail-project-evictees-56514/
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/
Gov’t seeks cash for flood rebuilding efforts
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 ...
Matt Blomberg and Ben Sokhean
http://www.cambodiadaily.com/news/govt-seeks-cash-for-flood-rebuilding-efforts-56158/
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
Evicted railway families await ADB’s help
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 ...
Zsombor Peter and Phorn Bopha
http://www.cambodiadaily.com/news/evicted-railway-families-await-adbs-help-56128/
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
Cambodia leads doubts over AEC
In a rare moment of honesty a Cambodian official has admitted his doubts about his country’s ability to meet regional expectations in time for the launch of the much vaunted ASEAN Economic Community (AEC) by the end of 2015. “If you talk about short-term: Yes, we ...
Luke Hunt
http://thediplomat.com/2014/04/cambodia-leads-doubts-over-aec/
Railway audit finds poor maintenance of tracks
Toll Royal Railway, the private operator of Cambodia’s train service, has no system in place to regularly inspect the state of its tracks, and lacks qualified inspectors to check either tracks or bridges, according to a recent safety audit of the firm’s Phnom Penh operations. The ...
Zsombor Peter and Aun Pheap
http://www.cambodiadaily.com/news/railway-audit-finds-poor-maintenance-of-tracks-55756/
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
World Bank meets Phnom Penh Governor, Boeng Kak evictees
The World Bank on Thursday asked Phnom Penh municipal officials to do more to help the thousands of families the city evicted from the Boeng Kak neighborhood to make way for a CPP senator’s private real estate project, and is now waiting for a reply, ...
Mech Dara
http://www.cambodiadaily.com/news/world-bank-meets-phnom-penh-governor-boeng-kak-evictees-54189/
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
Business employers say corruption greatest threat to economy
Corruption remains the most significant challenge facing Cambodia’s economy, according to a survey of more than 300 employers conducted last year by the International Labor Organization (ILO), the results of which were released Tuesday. Despite legislation meant to stamp out graft, corruption continues to be perceived ...
Colin Meyn
http://www.cambodiadaily.com/news/business-employers-say-corruption-greatest-threat-to-economy-53963/
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 ...
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