News
Local banks gain trust: survey
- 27 May 2013
- The Phnom Penh Post
- Banking and financial services / Economy and commerce / Investment
- ACLEDA / Acleda Bank’s CEO / Annette Dixon / ANZ Bank / Asia / Asian countries / bank / banking sector / banking trust / East Asia and the Pacific region / Europe / financial institution / financial service / Gallup / Gallup Poll / Global Financial Crisis / Grant Knuckey / In Channy / Local financial institution / MFI / National Bank of Cambodia / NBC / Nguon Sokha / opinion poll / poll / South Asia / Southeast Asia / US / World Bank
Nearly nine out of 10 Cambodians have confidence in local financial institutions, a trend that stands in sharp contrast to Europe and the US, a poll published last week found. However, industry insiders question the results, as the Kingdom’s financial services are still under-developed. The poll ...
http://www.phnompenhpost.com/2013052765847/Business/local-banks-gain-trust-survey.html
World Bank urges government to accelerate reforms
The World Bank urged the Cambodian government Wednesday to accelerate reforms while taking a participatory approach to its National Strategic Development Plan. Speaking at a meeting of the Development Partner Coordination Committee, World Bank Country Director Annette Dixon congratulated the government on its current development plan ...
Land-grabbing letter hits nerve
- 7 September 2011
- The Phnom Penh Post
- Economy and commerce / Land
- Annette Dixon / Bou Saroeun / Council of Ministers / CPP / forced evictions / KDC International / Land grabs / Land-grabbing / Lao Meng Khin / Lawmakers / Ly Yong Phat / Ministry of Industry Mines and Energy / Phay Siphan / Pheapimex Group / Phnom Penh Sugar Company / Prime Minister Hun Sen / Qimiao Fan / Sam Rainsy Party / SRP / Suy Sem / World Bank / Yim Sovann
The government yesterday lashed out at a letter sent by opposition lawmakers to the World Bank that urged the bank to increase pressure on the government to end forced evictions, land grabbing and threats against community members involved in land disputes with well-connected companies. Council ...
Lake Residents Granted Bloc of Development Land
- 16 August 2011
- Voice of America (VOA)
- Land
- Annette Dixon / Boeung Kak Lake / Cambodian Land Policies / Center on Housing Rights and Evictions / evictions / Fraud / Government / Housing Rights Task Force / Hun Sen / lake residents / NGOs / Phnom Penh / Police / prime minister / protests / Shukaku Inc / Sia Phearum / World Bank
Thousands of Boeung Kak lake residents who have been fighting a protracted battle with Phnom Penh and a development company have seen their fortunes reversed and have been granted a small plot of land on which to resettle. Prime Minister Hun Sen signed a subdecree ...
World Bank fund halt irks officials
- 10 August 2011
- The Phnom Penh Post
- Aid and development / Economy and commerce / Multilateral development assistance / World Bank
- aid / aid agencies / aid contributor / aid contributors / alumina mine / Annette Dixon / Annette Dixon World Bank Country Director / bank / Boeung Kak Lake / Boeung Kak lake development / Boeung Kak Lake residents / Cambodia / Cambodian Government / cheap loans / Chinese aid / Chinese embassy / Chinese governmental documents / City Hall records / Contracts / Council of Ministers / Council of Ministers spokesman Phay Siphan / country loans / Development / Embassy of Japan / Erdos / Erdos Hong Jun / Erdos Hong Jun Investment / Erdos Hong Jun Investment Company / funds / Government / Government officials / Governor Kep Chuktema / Housing / housing development / Human Rights / human rights abuses / Human Rights Task Force / Human Rights Taskforce secretariat Sia Phearum / human rights violations / Japanese aid / Japanese Ambassador / Japanese Ambassador Masafumi Kuroki / Japanese Embassy / Kep Chuktema / lakeside residents / land / Land dispute / land disputes / Lao Meng Khin / Lending / loans / local government officials / Masafumi Kuroki / Masafumi Kuroki the Japanese Ambassador / Mondulkiri / Mondulkiri Province / Phay Siphan / Phay Siphan Council of Ministers spokesman / Phnom Penh / Phnom Penh municipal Government / Relocation / residents of Boeung Kak lake / rights froups / Senator Lao Meng Khin / Shukaku Inc / Sia Phearum / Sia Phearum secretariat of the Human Rights Task Force / Sihanoukville / suspension of funds / Tep Vanny / UN / United Nations / World Bank / World Bank central management and executive board / World Bank Country Director / World Bank Country Director Annette Dixon
THE government expressed disappointment yesterday with the World Bank’s announcement that it had halted new country loans due to the ongoing land dispute at Boeung Kak lake in Phnom Penh and vowed to raise the issue with the bank’s executive board. “We are very dissatisfied ...
Defiance Greets World Bank's Funding Freeze
- 10 August 2011
- The Cambodia Daily
- Aid and development / Economy and commerce / Multilateral development assistance / World Bank
- Annette Dixon / Annette Dixon World Bank Country Director / bank / Boeng Kak / Boeng Kak Lake / Boeng Kak Lake Area / Boeng Kak Lake residents / Boeng Kak land case / Cambodia / Cheam Yeap / Cheam Yeap chairman of the National Assembly's Commission on Economy / Chinese aid / Council of Ministers / Council of Ministers spokesman Phay Siphan / country funding / CPP / CPP lawmaker Cheam Yeap / Development / donor / donors / Erdeos Hong Jun Investment Co / Erdos Hong Jun Investment / EU / European Union aid / evictions / finance / Finance Ministry / foreign investment board / foreign investor / foreign investors / Funding / funding freeze / Government / Government officials / Housing / Housing Rights Groups / Hun Sen / International Committees / Japanese aid / Korea / land / land titling / Lending / lending conditions / misappropriated money / Money / National Assembly / National Assembly's Commission on Economy / Phay Siphan / Phay Siphan Council of Ministers spokesman / Phnom Penh / prime minister / proposed projects / Real estate / real estate project / Union / World Bank / World Bank Country Director / World Bank Country Director Annette Dixon / WorldBank-supported projects
Government officials yesterday dismissed the World Bank’s recently revealed decision to freeze funding for new projects in Cambodia to protest a Phnom Penh real estate project that has forced thousand of families out of their homes. A housing rights group closely following the evictions said ...
World Bank Halts Funds Over Evictions
- 9 August 2011
- The Cambodia Daily
- Aid and development / Economy and commerce / Multilateral development assistance / World Bank
- aid / Annette Dixon / Annette Dixon World Bank Country Director / Boeng Kak Lake / Boeng Kak Lake residents / Cambodia / Chinese / Council of Ministers / CPP / CPP Senator Lao Meng Khin / EC / Erdos Hong Jun Investment / European Commission / eviction / evictions / forced evictions / Funding / funds / Government / Government officials / Housing Rights Groups / Independent Report / land / Land Law / land sector / Land titles / land titling / Lao Meng Khin / legal obligations / Lending / loan / on-site housing / Phay Siphan / Phay Siphan Council of Ministers spokesman / Phnom Penh / Rafael Dochao Moreno / Real estate / Resettlement / Senator Lao Meng Khin / Shukaku Inc / Washington / World Bank
The World Bank has frozen funding to Cambodia, making good on its threat in March to reconsider aid levels to Cambodia in response to the ongoing eviction of thousands of Phnom Penh families from Boeng Kak lake, a Bank official confirmed yesterdaySome 3,000 families have ...
World Bank stops funds for Cambodia over evictions
- 9 August 2011
- Reuters
- Aid and development / Economy and commerce / Environment and natural resources / Multilateral development assistance / Phnom Penh / World Bank
- agricultural projects / Agriculture & Agri-business / aid / Annette Dixon / Annette Dixon World Bank Country Director / bank / Beijing / Boeung Kak Lake / Boeung Kak Lake Area / Cambodia / Cambodian tycoons / central government / Chinese aid / developer / development money / developments / documents / donor countries / eviction / evictions / Farmland / FDI / financing / firm / forced eviction / forced evictions / foreign aid / foreign direct investment / foreign firms / Government / Housing / human rights groups / Inner Mongolia Erdos Hongjun Investment Corp / Khmer Rouge / lake / land / land management / land ownership / legal documents / Lending / loan / loans / local government / metal processing / mining / Mining projects / on-site housing / Phnom Penh / Power Generation / prime real estate / Real estate / real estate developments / residents of Boeung Kak lake / Southeast Asia / urban areas / World Bank / World Bank Country Director Annette Dixon
The World Bank said on Tuesday it had stopped providing loans to Cambodia and would not resume lending until the government did something to help hundreds of families facing eviction from land around a lake in the country’s capital, Phnom Penh. “The World Bank’s last ...
http://www.reuters.com/article/2011/08/09/cambodia-worldbank-idUSL3E7J920D20110809
