Aid and development

Multilateral development assistance

Protesters Seek EU, World Bank Presence at Yorm Bopha Hearing

Some 50 representatives of Phnom Penh’s embattled Boeng Kak community on Monday marched to the offices of the European Union and World Bank to request that the international bodies send observers to the upcoming Supreme Court hearing of anti-eviction activist Yorm Bopha on November 22. Ms. ...

Khy Sovuthy and Ben Woods
http://www.cambodiadaily.com/news/protesters-seek-eu-world-bank-presence-at-yorm-bopha-hearing-46608/

Flooding could affect growth

When the extent of flood damage becomes clear, the Asian Development Bank may lower its economic growth forecast for Cambodia to reflect the severity of the aftermath, a senior official with agency’s local office said yesterday. “It is possible that we will have to revise downward ...

Joe Freeman and Sen David, P.7
http://www.phnompenhpost.com

World Bank Sees Challenges to Government Income Target

Cambodia appears unlikely to meet its target of becoming a high middle-income nation by 2030 and years of gains it has made reducing poverty could be erased by even a modest shock to the economy, according to the latest World Bank data. World Bank senior country ...

Zsombor Peter
http://www.cambodiadaily.com/business/world-bank-sees-challenges-to-government-income-target-45405/

Opposition Asks ADB To Suspend Funding to Cambodia

Opposition leader Sam Rainsy has asked the Asian Development Bank to suspend funding to Cambodia, whose government he says was not formed legally following the July elections. In a letter to ADB President Takehiko Nakao, Sam Rainsy, president of the Cambodia National Rescue Party, said the ...

Sok Khemara
http://www.voacambodia.com/content/opposition-asks-adb-to-suspend-funding-to-cambodia/1766436.html

Cambodia’s Manufacturers Shift to Higher-Value Clothing

Cambodia’s factories are moving away from producing the most basic clothing items and diversifying to manufacture more intricate products for international buyers. As the garment sector has grown over the past decade, most garment factories have stuck to producing items such as T-shirts and jeans due ...

Dene-Hern Chen
http://www.cambodiadaily.com/business/cambodias-manufacturers-shift-to-higher-value-clothing-44792/

Rainsy’s reasoning questioned

While the opposition party steps up its efforts to persuade the international community to cut ties with a government it says was formed by a “constitutional coup”, lawyers and analysts yesterday questioned whether the party’s reasoning has any legal basis. In a letter sent to the ...

Kevin Ponniah
http://www.phnompenhpost.com/national/rainsy%E2%80%99s-reasoning-questioned

CPP Readies for One-Party Vote On Assembly Committees

Senior CPP members selected nominees for the National Assembly’s nine permanent committees behind closed doors on Tuesday, while the opposition CNRP, which has continued to boycott the Assembly over July’s disputed election, urged some of Cambodia’s foreign donors to immediately sever ties with the government ...

Hul Reaksmey
http://www.cambodiadaily.com/elections/cpp-readies-for-one-party-vote-on-assembly-committees-44695/

U.S. pledges 20 mln USD to WFP for school feeding in Cambodia

The United States has pledged 20 million U.S. dollars over the next three years to the United Nations World Food Program (WFP) to carry out school feeding program in Cambodia, said a WFP press release on Tuesday. The statement said the donation, made by the U.S. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-10/08/c_132780183.htm

Cambodia economy remains robust in 2013 amidst challenging global economic atmosphere: WB

Cambodia’s GDP growth was projected to reach 7 percent in equivalent to 15.65 billion U.S. dollars in 2013 despite a challenging global economic environment, the World Bank said Monday. Overall macroeconomic outlook remains positive, having sustained agricultural growth, continued strong performance of the tourism sector, a ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-10/07/c_132776793.htm

Cambodia suffers fewer natural disasters than Vietnam or Thailand

Cambodia suffered far fewer natural disasters than either Vietnam or Thailand over the last decade but twice as many as Laos, the World Bank said Monday. Data published in the annual World Development Report also showed that the incidence of natural hazards in Cambodia in between ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=NWIxNzIwYjE3MGZ

Cambodian economy expected to remain buoyant: ADB

Cambodia’s economic growth rate is expected to exceed 7 percent both this year and next, the Asian Development Bank said Wednesday. The ADB maintained its forecast for this year’s economic growth at 7.2 percent, supported by strong exports and robust construction and service sectors. The ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/131002/cambodian-economy-expected-remain-buoyant-adb

Climate report paints dismal picture for region

As much of the country grapples with crippling floods, a comprehensive report on global climate change released yesterday predicts the situation could be poised to get even worse. According to the report by the Intergovernmental Panel on Climate Change, as the planet grows warmer, cyclones making ...

Stuart White
http://www.phnompenhpost.com/national/climate-report-paints-dismal-picture-region

Housing Activist in Washington To Push for Cambodian Policy Reforms

Cambodian housing rights activist Tep Vanny is in Washington this week, seeking to increase international pressure on Cambodian authorities to end forced evictions and find resolutions to longstanding land disputes. Tep Vanny, a housewife who has emerged as a leader for Cambodian victims of forced evictions, ...

Men Kimseng
http://www.voacambodia.com/content/housing-activist-in-washington-to-push-for-cambodian-policy-reforms/1760036.html

Cambodia Verifies the World’s First VCS Triple Gold CCB Avoided Deforestation Project

SAN FRANCISCO — The Oddar Meanchey REDD+ (Reduced Emissions for Deforestation and Degradation) project in Cambodia is the first in the world to complete verification of emission reductions under the Verified Carbon Standard (VCS) with a triple gold Climate, Community and Biodiversity (CCB) accreditation for emission ...

The Herald Staff
http://www.heraldonline.com/2013/09/24/5239878/cambodia-verifies-the-worlds-first.html

Fertilizer Scam Referred to Anti-Corruption Unit

The case of a Battambang provincial government official ac­cused of embezzling some $200,000 in state funds has been referred to the Anti-Corruption Unit in Phnom Penh, provincial officials said Thursday. Battambang Provincial Court deputy prosecutor Long Hokmeng said a two-week investigation into the case brought against ...

Eang Mengleng and Matt Blomberg
http://www.cambodiadaily.com/news/fertilizer-scam-referred-to-anti-corruption-unit-42818/

Battling dengue on a shoestring

The man leading Cambodia’s seemingly Sisyphean attempt to combat dengue fever can be found most days in a weakly lit office inside the Communicable Disease Control Department, which is stacked wall to wall with drooping folders and medical texts. For more than 10 years, the soft-spoken ...

Amelia Woodside and Mom Kunthear
http://www.phnompenhpost.com/national/battling-dengue-shoestring

New Project Aims to Help Small Businesses in Cambodia

A new project by the government and Japan’s aid agency seeks to assist small companies in Cam­bodia that are in need of specialist advice in order to develop and keep up with competitors in neighboring Asean countries. The aim of the two-year program, called “Strategic Strengthening ...

Simon Henderson and Aun Pheap
http://www.cambodiadaily.com/business/new-project-aims-to-help-small-businesses-in-cambodia-41534/?utm_source=rss&utm_medium=rss&utm_campaign=new-project-aims-to-help-small-businesses-in-cambodia

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