Aid and development
Cambodia’s ranking in World Bank index drops once again
The latest release of the World Bank’s ease of doing business index puts Cambodia in the 144th spot out of 190 countries, a drop of six places from a year ago. The 2019 ease of doing business index ranked the Kingdom 138th out of 190 ...
China to provide $84M grant to strengthen Kingdom’s military
China will grant the Kingdom 600 million yuan ($84 million) as it continues to support the strengthening of the Cambodian military, Minister of National Defence Tea Banh said on Wednesday. The aid is to upgrade equipment and improve training, in what was described as comprehensive ...
Mech Dara
https://www.phnompenhpost.com/national-politics/china-provide-84m-grant-strengthen-kingdoms-military
IMF: Cambodia’s economic growth to be highest in Asean
Cambodia’s economic growth is projected to be highest in the Asean region despite facing several challenges, the International Monetary Fund (IMF) said. In its latest Regional Economy Outlook published on Tuesday, the IMF predicts that the Kingdom’s economic growth will remain strong at seven per ...
Sorn Sarath
https://www.phnompenhpost.com/business/imf-cambodias-economic-growth-be-highest-asean
IMF mission projects positive economic outlook with possible downside risks
An International Monetary Fund (IMF) team led by Jarkko Turunen, deputy division chief of the Asia Pacific Department (APD) visited Phnom Penh to conduct discussions under what is known as the Article IV consultation. Under the Article IV consultation, IMF staff undertakes annual surveillance and analysis ...
Poovenraj Kanagaraj
https://www.khmertimeskh.com/50651166/imf-mission-projects-positive-economic-outlook-with-possible-downside-risks/
Cambodia’s construction sector remains strong
Cambodia’s construction sector continues to grow given the gradual increase of investments in the sector and large imports of construction materials into the country, according to the latest report released on Thursday by the World Bank. The World Bank’s East Asia and Pacific Economic Update predicted ...
Realestate.com.kh staff
Hun Sen: Kingdom always stays strong when aid cut
Prime Minister Hun Sen said on Thursday that under his leadership Cambodia had never fallen after countries withdrew aid, and that the Kingdom would continue to remain strong. Hun Sen was presiding over a ceremony at the Chaktomuk Theatre Hall in Phnom Penh to commemorate ...
Niem Chheng
https://www.phnompenhpost.com/national/hun-sen-kingdom-always-stays-strong-when-aid-cut
Japanese mine aid agreed
The Japan Mine Action Service (JMAS) is to provide the Cambodian Mine Action Centre (CMAC) with $401,650 in untied aid following the signing of an agreement on Monday. JMAS representative Noriyoshi Suenaga and CMAC director-general Heng Ratana signed off on the agreement. ...
Khorn Savi
https://www.phnompenhpost.com/national/japanese-mine-aid-agreed
Governor seeks World Bank’s help to tackle waste woes
Due to the rapid growth of the Kingdom’s coastal city of Sihanoukville, the amount of rubbish being produced daily has skyrocketed from just 100 to 200 tonnes per day in 2015 to a staggering 1,000 tonnes today, prompting Preah Sihanouk’s governor to request World Bank ...
Ben Sokhean
https://www.khmertimeskh.com/50649191/governor-seeks-world-banks-help-to-tackle-waste-woes/
ADB continues its support of Kingdom’s financial inclusion
The Asian Development Bank (ADB) has approved a $40 million policy-based loan to support poor and rural households and improve their financial access, it said. ...
Thou Vireak
https://www.phnompenhpost.com/business/adb-continues-its-support-kingdoms-financial-inclusion
Japan to boost demining efforts
Japan today will provide more than $1 million in grant aid to two NGO’s for demining work, community healthcare projects and children support networks. The signing ceremony for the grant assistance totalling $1,052,298 will be held in the Japanese Embassy in Phnom Penh. An embassy statement ...
Mom Kunthear
https://www.khmertimeskh.com/50647698/japan-to-boost-demining-efforts/
Japan to provide $28 million grant for PP sewage infrastructure
Japan has awarded Cambodia a three billion yen ($27.9 million) grant for a sewer development project in Phnom Penh to help ease flooding in parts of the capital, the Ministry of Foreign Affairs and International Cooperation said on Wednesday. Its minister who is also Deputy ...
Ry Sochan
https://www.phnompenhpost.com/national/japan-provide-28-million-grant-pp-sewage-infrastructure
South Korea to continue aiding Kingdom’s healthcare sector
Prime Minister Hun Sen yesterday received assurance that South Korea will continue to assist the Kingdom with the development of its healthcare sector, including training doctors. ...
Khuon Narim
https://www.khmertimeskh.com/50645092/south-korea-to-continue-aiding-kingdoms-healthcare-sector/
World Bank approves $1 billion in development assistance
The World Bank has officially approved the disbursement of $1 billion to develop priority sectors in Cambodia, the Ministry of Economy and Finance announced Monday. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50643974/world-bank-approves-1-billion-in-development-assistance/
Fishing communities given 100 motorboats
The Ministry of Agriculture, Forestry and Fisheries has provided 50 communities in Kratie and Stung Treng provinces with 100 motorboats from the World Bank to strengthen preservation and combat fisheries crimes. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/fishing-communities-given-100-motorboats
Prime Road Alternative wins rights to 60MW solar farm
Prime Road Alternative Company Limited won construction rights to a 60MW solar farm project at an auction, according to the Asian Development Bank (ADB). An ADB press release released last week shows that the auction, which was conducted by Electricite du Cambodge (EdC), ended with ...
Thou Vireak
https://www.phnompenhpost.com/business/prime-road-alternative-wins-rights-60mw-solar-farm
Government to spend $4 million on Lased II
The government will spend some $4 million on the Land Allocation for Social and Economic Development Project Phase II (Lased II) to benefit almost 600 families in Prasat Balang district’s Doung commune in Kampong Thom province. The land allocation is aimed at alleviating poverty in ...
Voun Dara
https://www.phnompenhpost.com/national/government-spend-4-million-lased-ii
US government to provide $425K for war-era cluster bomb clearance
The US government will provide an extra $425,000 to the Cambodian Mine Action Centre (CMAC) for it to clear the remnants of cluster bombs dropped on eastern Cambodia 40 years ago and carry out research. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/us-government-provide-425k-war-era-cluster-bomb-clearance
Bidding on major artery renovation to begin next month
The Ministry of Public Works and Transport yesterday announced that the renovation of National Road 4, which connects the capital with Sihanoukville in the south, will begin early next year. The ministry said bidding for the project will start in September. National Road 4 is one ...
Chea Vannak
https://www.khmertimeskh.com/50635502/bidding-on-major-artery-renovation-to-begin-next-month/
Ministry requests ADB aid for the most needy
Cambodia on Tuesday requested the Asian Development Bank (ADB) to consider providing aid – especially to the elderly, people with disabilities and orphaned children. In the meantime, the bank is studying the country’s social welfare system before announcing a raft of technical assistance as part ...
Long Kimmarita
https://www.phnompenhpost.com/national/ministry-requests-adb-aid-most-needy
Japan provides $52M in grants
The Japanese government has provided more than $52 million in grants for Cambodia’s socio-economic development projects so far this year, the Ministry of Foreign Affairs and International Cooperation said. ...
Thou Vireak
https://www.phnompenhpost.com/business/japan-provides-52m-grants
Japan to grant $4.6 million in aid
The Japanese government is set to grant about $4.6 million in aid to Cambodia to support economic and social development in the Kingdom. According to a Foreign Affairs Ministry statement, Minister Prak Sokhonn and Japanese Ambassador Horinouchi Hidehisa will sign the Exchange of Notes and related ...
Khuon Narim
https://www.khmertimeskh.com/50624151/japan-to-grant-4-6-million-in-aid-2/
RCAF seeks Chinese language aid
RCAF deputy commander General Ith Sarath has requested the Chinese military help teach the Chinese language to military officials. Gen Sarath on Monday met with Brigadier General Xu Wenhua, deputy director of the Royal Academy of Artillery and Air Defence of the Chinese People’s Liberation Army ...
Khy Sovuthy
https://www.khmertimeskh.com/50622468/rcaf-seeks-chinese-language-aid/
Cambodia’s workforce needs help
The Asian Development Bank’s (ADB) recent US$60 million loan to Cambodia is set to boost the skills and competitiveness of its growing labour force as the country’s economy undergoes a key transition. Driven by garment exports and tourism, Cambodia’s economy grew by an average of ...
Jason Thomas
https://theaseanpost.com/article/cambodias-workforce-needs-help
WTO nations reaffirm pledge to aid LDCs through trade
Six World Trade Organization members on Tuesday pledged a combined $13 million to finance the Enhanced Integrated Framework (EIF), a significant show of support for trade as a development tool. The pledge was made on the same day that Prime Minister Hun Sen addressed WTO members ...
May Kunmakara
https://www.khmertimeskh.com/50621053/wto-nations-reaffirm-pledge-to-aid-ldcs-through-trade/