Aid and development

FAO launch PEARL agriculture initiative

The UN Food and Agriculture Organisation (FAO) has announced a partnership with Cambodia’s Ministry of Agriculture, Forestry and Fisheries and the Ministry of Environment to launch the Public-Social-Private Partnerships for Ecologically-Sound Agriculture and Resilient Livelihood in Northern Tonle Sap Basin (PEARL). ...

Post Staff
https://www.phnompenhpost.com/national/fao-launch-pearl-agriculture-initiative

Cambodia and Japan sign nearly $10 million grant aid

An exchange of notes concerning the provision of Japan’s grant aid at the amount of JPY 1,338,000,000 or approximately $9.7 million was signed here yesterday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501382696/cambodia-and-japan-sign-nearly-10-million-grant-aid/

Cambodia withdraws nearly 100 blue helmet troops from Mali due to tense security situation

Cambodian Prime Minister Hun Manet said Wednesday that at the United Nations (UN) request, the kingdom had withdrawn nearly 100 blue helmet troops from the war-torn African nation of Mali due to tense security context. ...

Khmer Times Staff
https://www.khmertimeskh.com/501382139/cambodia-withdraws-nearly-100-blue-helmet-troops-from-mali-due-to-tense-security-situation/

Cambodia promotes water action by all for World Food Day 2023

Cambodia joined countries across the globe to promote water action as part of the country’s 2023 World Food Day commemoration, which took place in Kouloab commune, Chet Borei district in Kratie province. The commemoration event was held under the global theme, Water is Life, Water ...

Khmer Times Staff
https://www.khmertimeskh.com/501380934/cambodia-promotes-water-action-by-all-for-world-food-day-2023/

Germany pledges over $60 million for economic development in Cambodia

The Federal Republic of Germany has pledged to provide approximately $66 million to Cambodia to support projects on socio-economic development. ...

Khmer Times Staff
https://www.khmertimeskh.com/501379768/germany-pledges-over-60-million-for-economic-development-in-cambodia/

Number of poor people in Cambodia drops by half in 7.5 years

Cambodia’s global MPI (Multidimensional Poverty Index) value plummeted from 0.168 in 2014 to 0.070 in 2021/2022, and incidence of poverty fell from 36.7 percent to 16.6 percent. ...

Khmer Times Staff
https://www.khmertimeskh.com/501379463/number-of-poor-people-in-cambodia-drops-by-half-in-7-5-years/

IMF lowers growth forecast for Cambodia due to weak external demand

On Wednesday, the International Monetary Fund (IMF) lowered its 2023 economic growth forecast for Cambodia to 5.6 percent from its April prediction of 5.8 percent, mainly due to weak external demand. ...

Khmer Times Staff
https://www.khmertimeskh.com/501378855/imf-lowers-growth-forecast-for-cambodia-due-to-weak-external-demand/

Cambodia applauds ADB’s commitment and contribution to Cambodia’s economic growth

Deputy Prime Minister and Minister of Economy and Finance, Dr Aun Porn Moniroth met with Winfried Vicklen, Director General of the Asian Development Bank (ADB), on his visit to Cambodia from October 9 to10, 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501375256/cambodia-applauds-adbs-commitment-and-contribution-to-cambodias-economic-growth-2/

UNIDO join hands with CAC to boost cashew kernel export

The United Nations Industrial Development Organisation (UNIDO) collaborated with the Cashew nut Association of Cambodia (CAC) to boost the export of cashew kernel by 12 percent by 2025 by providing technical support and management systems to the owners of the micro, small and medium enterprises ...

Nheng Chamrong
https://www.khmertimeskh.com/501373709/unido-join-hands-with-cac-to-boost-cashew-kernel-export/

IMF sees Cambodia as ASEAN’s fastest growing economy in 2023 and 2024

Cambodia’s economy is projected to expand 5.6 percent this year and 6.1 percent next year, up from 5.2 percent last year, the International Monetary Fund (IMF) said Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501374620/imf-sees-cambodia-as-aseans-fastest-growing-economy-in-2023-and-2024/

Waste management project takes shape

The Ministry of Environment, in collaboration with the World Bank, is poised to launch a project aimed at managing solid and plastic waste in five provinces in the near future. Discussions are underway to expedite the project’s implementation. ...

Bor Pich Zelin
https://phnompenhpost.com/national/waste-management-project-takes-shape

Australia finance NGOs, 49 major community projects

Australia has pledged A$7.9 million ($5 million) to support 26 Australian NGOs in collaboration with Cambodian counterparts, aiming to initiate 49 community projects across all provinces. Australian deputy ambassador Andreas Zurbrugg announced the commitment during the “Australia-Cambodia NGO Consultation 2023”, which saw participation from over 70 ...

Ry Sochan
https://phnompenhpost.com/national/australia-finance-ngos-49-major-community-projects

Growth pegged at 5.5% for ‘23 recovery stage by World Bank

The World Bank has upheld its economic growth forecast for Cambodia this year at 5.5 percent, supported by the resurgence of the services sector, particularly tourism, following the post-pandemic recovery. ...

May Kunmakara
https://www.phnompenhpost.com/business/growth-pegged-55-23-recovery-stage-world-bank

ADB signs $140m loan agreement to boost skills and public services

The Asian Development Bank (ADB) signed two loan agreements with the Ministry of Economy and Finance on Tuesday for a total of $140 million to boost the quality of Cambodia’s workforce through technical and vocational education and training (TVET) and improve public service delivery by ...

Thang Sinorn
https://kiripost.com/stories/adb-signs-140m-loan-agreement-to-boost-skills-and-public-services

ADB lends $140M for labour development

Cambodia has received $140 million in loans from the Asian Development Bank (ADB) to boost labour development to transform the country into a technology-driven, knowledge-based industrial economy while enhancing public service delivery by local administrations through public finance and decentralisation reforms. ...

May Kunmakara
https://www.phnompenhpost.com/business/adb-lends-140m-labour-development/

US reverses decision on suspension of $18mil aid money

The United States has reversed its decision to suspend $18 million in assistance to Cambodia through the United States Agency for International Development (USAID) following this year’s National Election when Washington had considered the election unfair and lacked transparency. ...

Soth Koemsoeun
https://www.khmertimeskh.com/501365606/us-reverses-decision-on-suspension-of-18mil-aid-money/

Cambodia’s GDP growth likely 5.3% this year, say ADB, AMRO

Two international organisations have forecast Cambodia’s economic growth to be around 5.3 per cent this year as the economy continues to be impacted by lower than expected expansion in the industrial and agriculture sector in the first half (H1), stemming from the regional and global ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodias-gdp-growth-likely-53-year-say-adb-amro

PM and his spouse leave Phnom Penh to attend the “United Nations 78th General Assembly

Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, and his spouse Dr. Pech Chanmony, led a high-level delegation of the Royal Government of Cambodia to attend the “United Nations for the 78thGeneral Assembly” in New York, USA from September 21 to 25, 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501364301/pm-and-his-spouse-leave-phnom-penh-to-attend-the-united-nations-78th-general-assembly/

FAO says Cambodian wholesale rice prices stable or higher last month

Wholesale rice prices in Cambodia were stable or rising last month despite surges in Thailand and Vietnam, the Food and Agricultural Organization of the United Nations (FAO) said Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501363731/fao-says-cambodian-wholesale-rice-prices-stable-or-higher-last-month/

Labour Minister asks JICA to continue vocational technical training to boost Cambodia’s economic growth to 7%

Heng Sour, Minister of Labour and Vocational Training, has requested the Japan International Cooperation Agency (JICA) in Cambodia to continue developing human resources in technical and vocational training to increase the momentum of Cambodia’s economic growth to 7%. ...

Khmer Times Staff
https://www.khmertimeskh.com/501361304/labour-minister-asks-jica-to-continue-vocational-technical-training-to-boost-cambodias-economic-growth-to-7/

Cambodia, Korea discuss ODA situation and partnership development

Cambodia and the Republic of Korea (RoK) have discussed the overall situation of the RoK’s Official Development Assistance (ODA) to Cambodia and ways to strengthen the development cooperation and partnership between the two countries. ...

Khmer Times Staff
https://www.khmertimeskh.com/501362717/cambodia-korea-discuss-oda-situation-and-partnership-development/

AFD commits to skills development in Cambodia

France has reaffirmed its commitment to ongoing collaboration with Cambodia’s Ministry of Labour and Vocational Training, particularly in relation to the Technical and Vocational Education and Training (TVET) and National Social Security Fund (NSSF) sectors. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/afd-commits-skills-development-cambodia

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