Aid and development

Japan loans will finance Cambodia highway upgrade

Loans from Japan to Cambodia will help finance work on a key highway upgrade. The loan package totals US$150 million and will be used for the project to upgrade Cambodia’s National Road No 5. ...

World Highways News Staff
http://www.worldhighways.com/categories/auctions-equipment-supply-servicing-finance/news/japan-loans-will-finance-cambodia-highway-upgrade/

China to donate $3.5m for senate office space

The Chinese government has agreed to donate $3.5 million to build a ninth building inside the compound of the Senate on Norodom Boulevard, Senate Secretary-General Oum Sarith said on Tuesday following the signing ceremony in Phnom Penh. ...

Saing Soenthrith
https://www.cambodiadaily.com/news/china-to-donate-3-5m-for-senate-office-space-101718/

Museum funded by North Korea in Cambodia ready to open

A museum bankrolled by North Korea on Cambodia’s tourist trail in Siem Reap is ready to open, according to local media.The $10 million Grand Panorama Museum sits near Cambodia’s famous Angkor Wat temple complex and is scheduled to open on December 4. ...

Leo Byrne
http://www.nknews.org/2015/11/museum-funded-by-north-korea-in-cambodia-ready-to-open/

UN, Gov’t move to end violence against women

The United Nations and the Cambodian Ministry of Women’s Affairs will organize four major events across the country to raise awareness of the need to end violence against women and girls, according to a UN Women’s statement on Wednesday. ...

Xinhua team
http://www.khmertimeskh.com/news/18114/un--gov---t-move-to-end-violence-against-women/

Aid threatened as EU calls for Rainsy’s return

The European Parliament on Thursday overwhelmingly approved a resolution calling on the Cambodian government to revoke the arrest warrant for opposition leader Sam Rainsy, with its parliamentarians suggesting some $435 million in aid be canceled if it is ignored. ...

Alex Willemyns
https://www.cambodiadaily.com/news/aid-threatened-as-eu-calls-for-rainsys-return-101357/

North Korea-funded museum set to open in Siem Reap

An Angkor-themed museum funded and operated by North Korea, but located in Siem Reap, is finally set to open after years of delays.The vast Grand Panorama museum, set on a 4-hectare site just 3 kilometres from the temple complex, is due to open on December ...

Jamie Elliott
http://www.phnompenhpost.com/national/north-korea-funded-museum-set-open-siem-reap

US slams gov’t over recent political turmoil

A U.S. State Department official told the country’s Senate on Thurs­day that recent political events in Cambodia, including the beatings of lawmakers outside the Nation­al Assembly and the removal of opposition officials from their seats and positions in parliament, were a cause for “grave concern.” ...

George Wright
https://www.cambodiadaily.com/news/us-slams-govt-over-recent-political-turmoil-101119/

World Bank readies another project

The World Bank is considering yet another internally funded project in Cambodia that, if approved, would lift the organization’s four-year-old freeze on new lending to the country. ...

Zsombor Peter
https://www.cambodiadaily.com/news/world-bank-readies-another-project-100986/

Japanese aid building goodwill in Cambodia by addressing human resources development

For many Southeast Asian countries, Japanese developmental aid may be synonymous with building bridges, roads and public facilities. But besides its infrastructure-building capacity, Japan is also boosting one of the strategic tools of diplomacy at its disposal: human resource development. ...

May Masangkay
http://www.japantimes.co.jp/news/2015/11/17/national/japanese-aid-building-goodwill-in-cambodia-by-addressing-human-resources-development/#.VkwG0L_-SB0

World Bank looks to end funding freeze

The World Bank could approve its first internally funded project in Cambodia in March, according to recently released reports, a move that would effectively end the freeze on new lending the Bank imposed on Cambodia over four years ago. ...

Zsombor Peter
https://www.cambodiadaily.com/news/world-bank-looks-to-end-funding-freeze-100353/

Training program boosts electronics skills

A three-year vocational training project aimed at creating employment opportunities in the electronics industry while eliminating electronics waste, or e-waste, wrapped up yesterday, with its organisers calling for more funding in order to continue its training component. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/training-program-boosts-electronics-skills

Experts call for more sustainable development

As Cambodia has the highest rate of deforestation among developing countries. Experts say that the country needs a more sustainable development plan to protect its ecosystem. ...

Chea Vannak
http://www.khmertimeskh.com/news/17735/experts-call-for-more-sustainable-development/

ADB provides 64 mln USD to Cambodia for irrigation, malaria control

The Asian Development Bank (ADB) on Tuesday signed up to provide a total of 64 million U.S. dollars loan and grant to Cambodia for the projects of irrigation and malaria control system, according to an ADB statement. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/2015-11/10/c_134802150.htm

First families get land titles in criticized world bank project

The government has handed out the first 250 land titles to the more than 3,000 families in a World Bank-funded project for poor Cambodians that has been criticized by a local rights group for sticking many of those families with unusable land. ...

Zsombor Peter
https://www.cambodiadaily.com/news/first-families-get-land-titles-in-criticized-world-bank-project-99698/

World Bank East Asia Pacific regional vice President visits Cambodia

The World Bank looks forward to working with Cambodia to support the country’s efforts in reducing poverty and improving economic and social conditions for its people, especially in agriculture, health, education and transportation, said Axel van Trotsenburg, World Bank Regional Vice President for East Asia ...

The FINANCIAL News Staff
http://finchannel.com/index.php/business/item/51499-world-bank-east-asia-pacific-regional-vice-president-visits-cambodia

Charting the next seven years of environmental policy

Work began yesterday on Cambodia’s first national environmental plan in more than a decade. Once completed, the National Environmental Strategy and Action Plan (NESAP) will form the backbone of Cambodia’s environmental policy until 2023. The far-reaching plan – which is expected to be put into ...

Jonathan Cox
http://www.khmertimeskh.com/news/17414/charting-the-next-seven-years-of-environmental-policy/

ADB supports Cambodia’s push to develop new environmental plan

The Asian Development Bank (ADB) is supporting the government of Cambodia to develop a National Environmental Strategy and Action Plan (NESAP) to help the country achieve its sustainable development goals. ...

The FINANCIAL News Staff
http://www.finchannel.com/index.php/business/item/51340-adb-supports-cambodia-s-push-to-develop-new-environmental-plan

PM pitches ASEAN access to French investors

Prime Minister Hun Sen on Monday called for more investment from France, telling business leaders in Paris that they could access the entire region when the ASEAN Economic Community (AEC) kicks off at the end of the year. ...

May Kunmakara
http://www.khmertimeskh.com/news/17217/pm-pitches-asean-access-to-french-investors/

France signs off on $115m in loans and extradition treaty

About $115 million worth of concessional loans to Cambodia and a mutual extradition treaty were approved during a meeting between Prime Minister Hun Sen and French President Francois Hollande in Paris on Monday, according to Mr. Hun Sen’s Facebook page. ...

Kuch Naren
https://www.cambodiadaily.com/news/france-signs-off-on-115m-in-loans-and-extradition-treaty-98523/

PM meets china’s Xi, receives $150m grant

Prime Minister Hun Sen met with Chinese President Xi Jinping in Beijing on Thursday to receive a grant worth more than $150 million, the majority of which will go toward the construction of a massive sports and entertainment complex in Phnom Penh, a sen­ior official ...

Kuch Naren and Khy Sovuthy
https://www.cambodiadaily.com/news/pm-meets-chinas-xi-receives-150m-grant-97440/

NGO gets UNICEF aid for speech therapy training

In an effort to address speech and communication disorders, which affect about one in 25 people countrywide, Unicef Cam­bo­dia awarded the organization OIC: The Cambodia Project a $42,000 grant on Wednesday to provide informal speech therapy training to Cambodians. ...

Janelle Retka
https://www.cambodiadaily.com/news/ngo-gets-unicef-aid-for-speech-therapy-training-97450/

PM urges greater economic integration with China

Prime Minister Hun Sen yesterday called for more collaboration and integration of financial markets at the regional level, especially with China – the world’s second-largest economy – to offset the effects of a slowing global economy. ...

May Kunmakara
http://www.khmertimeskh.com/news/16773/pm-urges-greater-economic-integration-with-china/

World Bank says Cambodia will weather China slowdown

The World Bank on Monday stuck to its prediction made in April that the country’s economy would continue to cool off slowly over the next few years and said China’s own slowdown would send only modest ripples through Cambodia.     ...

Zsombor Peter
https://www.cambodiadaily.com/news/world-bank-says-cambodia-will-weather-china-slowdown-96516/

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