Aid and development

Telecom cable to run from coast to Kampong Cham

State-owned Telecom Cambodia yesterday inaugurated its Greater Mekong Telecom Backbone Network Project, which includes the installation of a 467-kilometre fibre-optic cable connection between Sihanoukville and Kampong Cham, the Telecommunication Regulator of Cambodia said in a news release. ...

Hor Kimsay
http://www.phnompenhpost.com/business/telecom-cable-run-coast-kampong-cham

Asian Development Bank needs to prioritize gender: review

The Asian Development Bank needs to be more involved in helping Cambodia implement gender equality policies in order to “tap the economic potential” for women and close “sizable gender equality gaps”, an internal evaluation has found. ...

Yesenia Amaro
http://www.phnompenhpost.com/national/asian-development-bank-needs-prioritise-gender-review

Cambodia tourism to get Chinese help

China has revealed a plan to help Cambodia by establishing a comprehensive tourism development plan for Siem Reap province, home of the famed Angkor archeological park. ...

Chea Vannak
http://www.khmertimeskh.com/5065656/cambodia-tourism-to-get-chinese-help/

ADB plan aims for synergy in agro sector

The Asian Development Bank (ADB) is close to finalising its five-year action plan for 2018 to 2022 that promotes agricultural-based value chains across the Greater Mekong Subregion (GMS), an area that includes Cambodia, Laos, Vietnam, Thailand, Myanmar and the southern Chinese province of Yunnan, the ...

Kali Kotoski
http://www.phnompenhpost.com/business/adb-plan-aims-synergy-agro-sector

New city buses

Phnom Penh municipal officials and Chinese Embassy representatives yesterday commemorated the handover of 98 Chinese buses and two cranes to the city yesterday at a ceremony on Koh Pich. ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/new-city-buses

GMS gets closer to a food safety strategy

A draft five-year strategy for promoting safe and environment-friendly agriculture products in the Greater Mekong Subregion (GMS) that would enhance regional food safety and promote trade is expected to be finalised today, according to the Asian Development Bank. ...

Sok Chan
http://www.khmertimeskh.com/news/40334/gms-gets-closer-to-a-food-safety-strategy/

‘Peace Museum’ opens

Defence Minister Tea Banh is slated today to preside over the official opening of the Cambodian Mine Action Centre’s new $700,000 “Peace Museum for Mine Action” at its Siem Reap regional headquarters, with Japan set to donate $12 million worth of demining equipment, an official ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/peace-museum-opens

Japan donates $5.7m to train senior officials

Japan has pledged $5.7 million to train government officials from Cambodia. The deal was signed yesterday by Foreign Affairs Minister Prak Sokhonn and Japanese ambassador Hidehisa Horinouchi. . ...

Khy Sovuthy
http://www.khmertimeskh.com/news/39996/japan-donates--5-7m-to-train-senior-officials/

Schools upgrade to benefit disabled pupils

A Japanese NGO yesterday signed a deal worth nearly $300,000 to assist four Kandal province primary schools in providing access to education for children with disabilities. ...

Pav Suy
http://www.khmertimeskh.com/news/39852/schools-upgrade-to-benefit-disabled-pupils/

Khmer Rouge records centre opens to public

The Legal Documentation Centre attached to the Khmer Rouge tribunal opened to the public yesterday, thanks to financial aid from the Japanese government. Speaking at the inauguration ceremony in Phnom Penh, Deputy Prime Minister Bin Chhin said the centre will play an important part in preserving ...

Ros Chanveasna
http://www.khmertimeskh.com/news/39764/khmer-rouge-records-centre-opens-to-public/

Report warns on pier project

The Kampot Pier Project – a $10 million effort to attract tourists by building a passenger pier – could harm communities due to insufficient consultation, a new NGO report and community representatives claim. ...

Leonie Kijewski and Yon Sineat
http://www.phnompenhpost.com/national/report-warns-pier-project

World Bank subsidiary to train 2,000 contract rice farmers

A World Bank subsidiary will soon start training 2,000 farmers contracted to supply a leading Cambodian rice exporter on how to meet an international farming standard. ...

Hang Sokunthea
https://www.cambodiadaily.com/news/world-bank-subsidiary-to-train-2000-contract-rice-farmers-131561/

IMF: Make youth a demographic dividend

The International Monetary Fund says Cambodia’s young population compared with other regional countries will be a driving force for financial development and contribute to the emerging finance technology sector, or Fintech.  ...

May Kunmakara
http://www.khmertimeskh.com/news/39134/imf--make-youth-a-demographic-dividend/

Cambodia says it regrets ‘irresponsible’ Trump decision to leave Paris climate accord

A Cambodian official has said US President Donald Trump’s decision to leave the Paris Climate Agreement is “unethical” and “irresponsible”. Tin Ponlok, secretary general of the National Council for Sustainable Development at the Ministry of Environment, said it was “regretful” that Trump decided to abandon the ...

Sun Narin
https://www.voacambodia.com/a/cambodia-says-it-regrets-irresponsible-trump-decision-to-leave-paris-climate-accord/3890598.html

Tackle issues early to ensure growth: IMF official

Cambodia stands to benefit from an uptick in global and regional economic growth but will need to diversify its economy, improve infrastructure and reduce obstacles to doing business if it is to continue on its impressive growth track, a visiting International Monetary Fund (IMF) official ...

Cam McGrath
http://www.phnompenhpost.com/business/tackle-issues-early-ensure-growth-imf-official

Software to help stop spread of TB

The Indian Embassy to Cambodia has given a $50,000 grant for a project to help stop the spread of tuberculosis in the kingdom. During a press conference at the National Centre for Tuberculosis and Leprosy Control (CENAT) on Friday, Operation ASHA programme director Dr Narith ...

Ven Rathavong
http://www.khmertimeskh.com/news/38802/software-to-help-stop-spread-of-tb/

China gives $240m in aid

China has granted $240 million aid to Cambodia under agreements signed by Prime Minister Hun Sen on a state visit to Beijing. ...

Ven Rathavong
http://www.khmertimeskh.com/news/38482/china-gives--240m-in-aid/

Cambodia holds back on AIIB loans

Cambodia has yet to set its loan application policies to borrow funds from the Asian Infrastructure Investment Bank (AIIB) because the country can still get highly concessional rates from development partners, Minister of Economy and Finance Aun Pornmoniroth said. ...

Sok Chan
http://www.khmertimeskh.com/news/38413/cambodia-holds-back-on-aiib-loans/

More funds for infrastructure

Cambodia is expecting to gain more capital for its infrastructure development projects through its membership in the Sustainable Development Investment Partnership (SDIP), which can sustain long-term economic growth, according to a senior official. ...

Chea Vannak
http://www.khmertimeskh.com/news/38369/more-funds-for-infrastructure/

Water plant gets efficiency boost

Japan-based company Metawater will provide its power-saving inverter technology to a water treatment plant in Cambodia’s capital through an arrangement that will help the Japanese government earn carbon reduction credits, according to a Nikkei Asian Review report. ...

Sum Manet
http://www.khmertimeskh.com/news/38104/water-plant-gets-efficiency-boost/

Document suggests US aid cuts

A document purported to have come from the US State Department appears to show plans to slash US development assistance to the Kingdom down to zero, a move observers said yesterday would further weaken the US’s standing in the country, allowing for China to cement its ...

Ananth Baliga
http://www.phnompenhpost.com/national/document-suggests-us-aid-cuts

Rice bank project awards contracts

Thaneakea Srov (Kampuchea) Plc, the recipient of a low-interest $15 million loan from the state-run Rural Development Bank, inked contracts yesterday with three companies to build and outfit its massive 200,000-tonne capacity silo and warehouse facility in Battambang province. ...

Hor Kimsay
http://www.phnompenhpost.com/business/rice-bank-project-awards-contracts

Japanese aid scheme stalls at the lights

Japan inked the $16 million deal through the Japanese International Cooperation Agency (JICA) in February 2016. However Chou Kimtry, deputy director of the municipal department of transport, said yesterday the traffic lights will not be operational until February 2018. ...

Pav Suy
http://www.khmertimeskh.com/news/37732/japanese-aid-scheme-stalls-at-the-lights/

Cambodia’s debt at $5.8 bil

The government signed concessional loan agreements with development partners – both bilateral and multilateral – amounting to about $8.3 billion from 1993 to the end of 2016, official figures show.​   ...

Sok Chan
http://www.khmertimeskh.com/news/37591/cambodia---s-debt-at--5-8-bil/

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