Aid and development
ADB plan aims for synergy in agro sector
The Asian Development Bank (ADB) is close to finalising its five-year action plan for 2018 to 2022 that promotes agricultural-based value chains across the Greater Mekong Subregion (GMS), an area that includes Cambodia, Laos, Vietnam, Thailand, Myanmar and the southern Chinese province of Yunnan, the ...
Kali Kotoski
http://www.phnompenhpost.com/business/adb-plan-aims-synergy-agro-sector
New city buses
Phnom Penh municipal officials and Chinese Embassy representatives yesterday commemorated the handover of 98 Chinese buses and two cranes to the city yesterday at a ceremony on Koh Pich. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/new-city-buses
GMS gets closer to a food safety strategy
A draft five-year strategy for promoting safe and environment-friendly agriculture products in the Greater Mekong Subregion (GMS) that would enhance regional food safety and promote trade is expected to be finalised today, according to the Asian Development Bank. ...
Sok Chan
http://www.khmertimeskh.com/news/40334/gms-gets-closer-to-a-food-safety-strategy/
‘Peace Museum’ opens
Defence Minister Tea Banh is slated today to preside over the official opening of the Cambodian Mine Action Centre’s new $700,000 “Peace Museum for Mine Action” at its Siem Reap regional headquarters, with Japan set to donate $12 million worth of demining equipment, an official ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/peace-museum-opens
Japan donates $5.7m to train senior officials
Japan has pledged $5.7 million to train government officials from Cambodia. The deal was signed yesterday by Foreign Affairs Minister Prak Sokhonn and Japanese ambassador Hidehisa Horinouchi. . ...
Khy Sovuthy
http://www.khmertimeskh.com/news/39996/japan-donates--5-7m-to-train-senior-officials/
Schools upgrade to benefit disabled pupils
A Japanese NGO yesterday signed a deal worth nearly $300,000 to assist four Kandal province primary schools in providing access to education for children with disabilities. ...
Pav Suy
http://www.khmertimeskh.com/news/39852/schools-upgrade-to-benefit-disabled-pupils/
Khmer Rouge records centre opens to public
The Legal Documentation Centre attached to the Khmer Rouge tribunal opened to the public yesterday, thanks to financial aid from the Japanese government. Speaking at the inauguration ceremony in Phnom Penh, Deputy Prime Minister Bin Chhin said the centre will play an important part in preserving ...
Ros Chanveasna
http://www.khmertimeskh.com/news/39764/khmer-rouge-records-centre-opens-to-public/
Report warns on pier project
The Kampot Pier Project – a $10 million effort to attract tourists by building a passenger pier – could harm communities due to insufficient consultation, a new NGO report and community representatives claim. ...
Leonie Kijewski and Yon Sineat
http://www.phnompenhpost.com/national/report-warns-pier-project
World Bank subsidiary to train 2,000 contract rice farmers
A World Bank subsidiary will soon start training 2,000 farmers contracted to supply a leading Cambodian rice exporter on how to meet an international farming standard. ...
Hang Sokunthea
https://www.cambodiadaily.com/news/world-bank-subsidiary-to-train-2000-contract-rice-farmers-131561/
IMF: Make youth a demographic dividend
The International Monetary Fund says Cambodia’s young population compared with other regional countries will be a driving force for financial development and contribute to the emerging finance technology sector, or Fintech. ...
May Kunmakara
http://www.khmertimeskh.com/news/39134/imf--make-youth-a-demographic-dividend/
Cambodia says it regrets ‘irresponsible’ Trump decision to leave Paris climate accord
A Cambodian official has said US President Donald Trump’s decision to leave the Paris Climate Agreement is “unethical” and “irresponsible”. Tin Ponlok, secretary general of the National Council for Sustainable Development at the Ministry of Environment, said it was “regretful” that Trump decided to abandon the ...
Tackle issues early to ensure growth: IMF official
Cambodia stands to benefit from an uptick in global and regional economic growth but will need to diversify its economy, improve infrastructure and reduce obstacles to doing business if it is to continue on its impressive growth track, a visiting International Monetary Fund (IMF) official ...
Cam McGrath
http://www.phnompenhpost.com/business/tackle-issues-early-ensure-growth-imf-official
Software to help stop spread of TB
The Indian Embassy to Cambodia has given a $50,000 grant for a project to help stop the spread of tuberculosis in the kingdom. During a press conference at the National Centre for Tuberculosis and Leprosy Control (CENAT) on Friday, Operation ASHA programme director Dr Narith ...
Ven Rathavong
http://www.khmertimeskh.com/news/38802/software-to-help-stop-spread-of-tb/
China gives $240m in aid
China has granted $240 million aid to Cambodia under agreements signed by Prime Minister Hun Sen on a state visit to Beijing. ...
Ven Rathavong
http://www.khmertimeskh.com/news/38482/china-gives--240m-in-aid/
Cambodia holds back on AIIB loans
Cambodia has yet to set its loan application policies to borrow funds from the Asian Infrastructure Investment Bank (AIIB) because the country can still get highly concessional rates from development partners, Minister of Economy and Finance Aun Pornmoniroth said. ...
Sok Chan
http://www.khmertimeskh.com/news/38413/cambodia-holds-back-on-aiib-loans/
More funds for infrastructure
Cambodia is expecting to gain more capital for its infrastructure development projects through its membership in the Sustainable Development Investment Partnership (SDIP), which can sustain long-term economic growth, according to a senior official. ...
Chea Vannak
http://www.khmertimeskh.com/news/38369/more-funds-for-infrastructure/
Water plant gets efficiency boost
Japan-based company Metawater will provide its power-saving inverter technology to a water treatment plant in Cambodia’s capital through an arrangement that will help the Japanese government earn carbon reduction credits, according to a Nikkei Asian Review report. ...
Sum Manet
http://www.khmertimeskh.com/news/38104/water-plant-gets-efficiency-boost/
Document suggests US aid cuts
A document purported to have come from the US State Department appears to show plans to slash US development assistance to the Kingdom down to zero, a move observers said yesterday would further weaken the US’s standing in the country, allowing for China to cement its ...
Ananth Baliga
http://www.phnompenhpost.com/national/document-suggests-us-aid-cuts
Rice bank project awards contracts
Thaneakea Srov (Kampuchea) Plc, the recipient of a low-interest $15 million loan from the state-run Rural Development Bank, inked contracts yesterday with three companies to build and outfit its massive 200,000-tonne capacity silo and warehouse facility in Battambang province. ...
Hor Kimsay
http://www.phnompenhpost.com/business/rice-bank-project-awards-contracts
Japanese aid scheme stalls at the lights
Japan inked the $16 million deal through the Japanese International Cooperation Agency (JICA) in February 2016. However Chou Kimtry, deputy director of the municipal department of transport, said yesterday the traffic lights will not be operational until February 2018. ...
Pav Suy
http://www.khmertimeskh.com/news/37732/japanese-aid-scheme-stalls-at-the-lights/
Cambodia’s debt at $5.8 bil
The government signed concessional loan agreements with development partners – both bilateral and multilateral – amounting to about $8.3 billion from 1993 to the end of 2016, official figures show. ...
Sok Chan
http://www.khmertimeskh.com/news/37591/cambodia---s-debt-at--5-8-bil/
Kingdom’s debt grows to nearly $6 billion
Cambodia’s national debt stood at $5.8 billion at the end of 2016, totalling nearly a third of GDP, according to the latest debt bulletin released by the Ministry and Economy and Finance earlier this month. ...
Kali Kotoski
http://www.phnompenhpost.com/business/kingdoms-debt-grows-nearly-6-billion
World Bank loan of $100 million angers Boeng Kak activists
Boeng Kak supporters on Tuesday said they were dismayed at the World Bank’s announcement of a new $100 million loan to the Cambodian government amid ongoing harassment and jailings of land rights activists. ...
Brendan O’byrne and Sek Odom
https://www.cambodiadaily.com/news/world-bank-loan-of-100-million-angers-boeng-kak-activists-128160/
US gives $1.8m funding for electoral group
The US government has agreed to provide global electoral NGO International Foundation for Electoral Systems a $1.8 million grant to ensure the National Election Committee conducts free and fair elections. ...
Ros Chanveasna
http://www.khmertimeskh.com/news/37337/us-gives--1-8m-funding-for-electoral-group/