Aid and development

European FDI declines, China’s up

European companies contributed less to total foreign direct investment (FDI) in Cambodia in 2011 than in 2012 as Chinese investment rose, Eurocham chairman Dominique Catry said yesterday. According to data from the Council for Development of Cambodia (CDC), 1.9 per cent of the total registered FDIs ...

http://www.phnompenhpost.com/2013012360933/Business/european-fdi-declines-china-s-up.html

Two million tourists from China by 2020: official

Cambodia would host about two million Chinese tourists in 2020, a Cambodian official predicted yesterday. The forecast accompanied figures released by Chinese officials saying the number of Chinese tourists globally would reach 200 million by 2020. ASEAN countries had attracted nine million Chinese tourists last ...

http://www.phnompenhpost.com/2013012360934/Business/two-million-tourists-from-china-by-2020-official.html

ADB to provide 230 mln USD to Cambodia for development projects

The Asian Development Bank (ADB) on Thursday signed up to provide 230 million U.S. dollars to Cambodia for six development projects, aiming at promoting inclusive growth and reducing poverty in Cambodia, according to the bank’s media statement. The financing agreements were inked between Eric Sidgwick, country ...

http://news.xinhuanet.com/english/world/2013-01/17/c_132109387.htm

World Bank Tight-Lipped on Resumption of Financial Assistance

The World Bank has declined to say whether it will resume providing financial assistance to Cambodia, despite a bank official allegedly telling anti-eviction protesters last week that the organization planned to do so next year. In August 2011, World Bank country director for Southeast Asia Annette ...

http://www.cambodiadaily.com

Cambodia seeks $57m Indian loan

Cambodian Prime Minister Hun Sen asked for $57m concessional loan from India for two development projects and urged India to consider direct flights to Cambodia. He said the two projects are the electricity transmission line from Kratie province to Stung Treng province with an estimated ...

http://thepeninsulaqatar.com/india/218944-cambodia-seeks-57m-indian-loan-.html

Cambodia exposed to large fiscal risks from disasters

Cambodia, Laos and the Philippines are the three Southeast Asian countries most heavily exposed to fiscal risks from disasters, the World Bank warned yesterday. In its annual economic update on East Asia and the Pacific, the bank said the region was the most disaster-stricken in the ...

http://usa.chinadaily.com.cn/world/2012-12/20/content_16035026.htm

ADB announces 3-year pipeline to boost develpment in Cambodia

The Asian Development Bank (ADB) on Tuesday unveiled its new three-year assistance plan of 525 million U.S. dollars to Cambodia in order to help the country reduce poverty, promote growth and mitigate climate change, the bank said. The plan for 2013-2015 marked the bank’s strategic focus ...

http://news.xinhuanet.com/english/world/2012-12/18/c_132048224.htm

Cambodian PM vows to protect environment

Cambodian Prime Minister Hun Sen said Monday he decided to choose environment protection, not to choose 30 billion U.S. dollar expected revenues from the exploitation of titanium ore in Southwestern Cambodia. “According to a feasibility study, titanium ore deposit in Chhiphat district in Koh Kong province ...

http://news.xinhuanet.com/english/world/2012-12/17/c_132046623.htm

Cambodia passes fire prevention draft law

The Government of Cambodia on Friday passed a draft law on fire prevention in order to contribute to maintaining security, social safety, public order, and life and property protection, according to a media statement released after the weekly Cabinet meeting. In the meeting, Hun Sen ...

http://news.xinhuanet.com/english/world/2012-12/14/c_132041591.htm

Corridor towns to see $37 million in ADB loans

Battambang, Bavet, Neak Loeung and Poipet are among several towns that will benefit from a $37 million loan from the the first quarter of next year after funding was approved at the 18th Greater Mekong Sub Region (GMS) meeting in Nanning, China. The loan comes from ...

http://www.phnompenhpost.com

Residents seek compensation as homes fall into Tonle Sap

Nineteen families from Svay Pak commune in Russey Keo district protested for a second day Wednesday after their homes fell into the Tonle Sap River. Twenty-four houses along the river have been affected, they said. Although five have already left, the other 19 refuse to accept ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MTkwM2U3MjZmN2Y5MWNiNTA0NGQyOTczNmUyZDZk

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