News

The Ministry of Water Resources and Meteorology has asked the World Bank to develop a management plan for the Tonle Sap and Mekong rivers to ensure water resources, improve flood prevention and restore vulnerable rivers. ...

Cambodia’s economy is on a recovery path, with growth predicted to accelerate to 5.5% this year, according to a World Bank (WB) report. ...

The Ministry of Economy and Finance (MEF), in collaboration with the World Bank (WB), yesterday held a sector policy dialogue to discuss new strategies with development partners and other government officials from different ministries and institutions to boost investment while considering the scope of regional ...

Prime Minister Hun Sen has once again called on the people not to panic over the recent warning of the International Monetary Fund (IMF) and the World Bank over the risks of a global recession. ...

The Ministry of Public Works and Transport, in collaboration with the World Bank, has developed an action plan to accelerate the implementation of projects to improve clean water supply and sanitation in the country’s cities and provinces. ...

The World Bank has projected Cambodia’s economic growth will increase to 5.2 percent in 2023, aided by rising domestic consumption but slowed by slowing global trade growth ...

The World Bank in its Cambodia Economic Update issued earlier this month said that the country’s Cambodia’s exports to the United States are more diversified than those to the EU. ...

Rising non-farm earnings, such as tourism, garment and construction sectors, helped to cut Cambodia’s national poverty to 17.8 percent from 33.8 percent between 2009 and 2019, the World Bank’s latest poverty assessment report for Cambodia stated. ...

The World Bank in a report has estimated that some 460,000 people in Cambodia have fallen below poverty income thresholds since the onset of COVID-19 in 2020. ...

The World Bank says Cambodia has one of the fastest increases in financial inclusion among developing economies in East Asia and the Pacific. ...

The Ministry of Public Works and Transport has begun construction and improvement of National Road 4 (NR4) under a  $110 million in financing from the World Bank, aiming to meet the current traffic growth. ...

A World Bank released on January 12, 2022, said that  Cambodia’s economic growth this year is expected to reach 4.5 percent this year and is  projected to grow further to 5.5 percent in 2023. ...

The World Bank has revised its economic forecast for Cambodia down to 2.2 per cent this year, from a higher expectation of four per cent in April amid a rapid rise in new daily coronavirus infections and deaths, spurred by the more transmissible Delta variant. ...

The World Bank (WB) has pledged to continue promoting sustainable development of agriculture in Cambodia amid the threat of COVID-19. ...

The Ministry of Agriculture, Forestry and Fisheries has sought support from the World Bank on developing the agriculture sector, mainly for vegetable production and aquaculture. ...

Talks are underway between the Environment Ministry and the World Bank on a six-year project to improve the management of solid waste and plastics in the Kingdom. ...

The Securities and Exchange Regulator of Cambodia (SERC) is joining forces with international multilateral development banks to scale up sustainable finance in the Kingdom’s securities market, and to coordinate training and capacity building initiatives, according to SERC director-general Sou Socheat. ...

Cambodia drastically downgraded its economic forecast for 2021 to 2.5 per cent from the 4.1 per cent projection announced at the beginning of the year, due to the deteriorating Covid-19 situation. ...

Cambodia is among the East Asian and Pacific (EAP) countries set to receive financial support from the World Bank to underpin a resilient post-Covid-19 economic recovery, fuelled by solid vaccination progress, the Washington-based development lender’s president told The Post. ...

The World Bank has revised its growth prediction for Cambodia upwards to 7 per cent for 2013, from its January prediction of 6.7 per cent, a revision it attributes to the performance of the Kingdom’s agriculture, tourism and garment sectors. Cambodia’s outlook is generally positive, according ...

Nean Narin, a humble man and father of three children, says his family is going hungry. Narin lives in the village of Boeung Kak, situated on the edge of Cambodia’s capital, Phnom Penh. For years, he and other villagers relied on the Boeung Kak Lake ...

The World Bank and Japan will promote Thailand as the insurance centre of the Association of Southeast Asian Nations (Asean) to help develop the industry in neighbouring countries and provide professional services to the more advanced economies. The move is also expected to upgrade the insurance ...

For many years, Phnom Penh’s villas have represented the most attractive and obvious options for both commercial and residential use in the city, but experts say the number of villas available is on the decline. The stock of villas is decreasing, due to the demolition and ...

The World Bank cut its economic growth forecasts for the East Asia and Pacific region on Monday and said there was a risk the slowdown in China could get worse and last longer than expected “Economic projections for EAP (East Asia and Pacific) are surrounded by ...