Aid and development
Multilateral development assistance
ADB warns Cambodia’s growth will be stunted by climate change
Cambodia’s long term economic growth faces significant threats from climate change and could dampen prospects for becoming an upper-middle income country in the coming years, according to the Asian Development Bank (ADB) report issued last week. ...
Sorn Sarath and Runn Sreydeth
https://cambojanews.com/adb-warns-cambodias-growth-will-be-stunted-by-climate-change/
ADB pegs economic growth for ‘23 at 5.5%
The Asian Development Bank (ADB) on April 4 pegged the Kingdom’s economic growth at 5.5 per cent for this year “on a more robust tourism recovery and higher growth in the services sector”. ...
Rann Reuy
https://www.phnompenhpost.com/business/adb-pegs-economic-growth-23-55
WB sticks to Cambodia’s 5.2% growth forecast for 2023
World Bank has maintained the 2023 economic growth rate forecast for Cambodia at 5.2 percent while it lowered the prospects for the neighbouring countries Vietnam and Thailand from its October 2022 estimates. ...
Manoj Mathew
https://www.khmertimeskh.com/501266499/wb-sticks-to-cambodias-5-2-growth-forecast-for-2023/
Battambang town opens new landfill
A nearly 21ha landfill in Ta Kream commune’s Poi Svay village of Battambang province’s Banan district was inaugurated on March 20 as part of the second “Urban Environment Management in the Tonle Sap Basin” project, which is being funded through a loan from the Asian ...
Yuth Vireak
https://www.phnompenhpost.com/national/battambang-town-opens-new-landfill
Kamping Puoy reservoir irrigation working well
A delegation of the Ministry of Water Resources and Meteorology and the Asian Development Bank (ADB) on March 4 inspected the Kamping Puoy reservoir irrigation improvement project in Battambang province. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/kamping-puoy-reservoir-irrigation-working-well
Tina, ADB discuss farmer loans
The Ministry of Agriculture, Forestry and Fisheries and the Asian Development Bank (ADB) are discussing low-interest rate loans for farmers to fund the use of net houses for growing vegetables as well as improved irrigation technology. ...
Van Socheata
https://www.phnompenhpost.com/business/tina-adb-discuss-farmer-loans
Cambodia, UN to boost partnership in mine clearance to achieve a mine free Cambodia 2025
The Kingdom of Cambodia and the United Nations (UN) have agreed to boost their partnership and cooperation on mine clearance. ...
Khmer Times Staff
https://www.khmertimeskh.com/501232462/cambodia-un-to-boost-partnership-in-mine-clearance-to-achieve-a-mine-free-cambodia-2025/
UN specialist assessing LGBT rights in Kingdom
Victor Madrigal-Borloz, an independent UN specialist on protection against violence and discrimination based on sexual trends and gender identity, is on a 10 day tour of the Kingdom, at the request of the government. ...
Chea Sokny
https://www.phnompenhpost.com/national/un-specialist-assessing-lgbt-rights-kingdom
LGBT Rights in Cambodia to be assessed by UN Independent Expert
The UN Independent Expert on protection against violence and discrimination based on sexual orientation and gender identity, Victor Madrigal-Borloz, has started a visit the Kingdom from Tuesday, January 10 to 20 January 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501217691/lgbt-rights-in-cambodia-to-be-assessed-by-un-independent-expert/
Cambodia sees new policy framework, ADB loan & BFC extension in 2022
Implementation of the National Policy Framework for Cambodia’s Economic Productivity 2022-35, a pact with Japan to make Sihanoukville a major port, a $50-million loan from the Asian Development Bank to back economic diversification and boost competitiveness, and extension of the Better Factories Cambodia (BFC) programme ...
Khmer Times Staff
https://www.khmertimeskh.com/501211700/cambodia-sees-new-policy-framework-adb-loan-bfc-extension-in-2022/
World Bank says safeguarding financial stability in Cambodia is crucially important
In its Cambodia Economic Update, the World Bank has said that the country’s commercial real estate sector faces increased risks as financial conditions tighten. ...
Khmer Times Staff
https://www.khmertimeskh.com/501210119/world-bank-says-safeguarding-financial-stability-in-cambodia-is-crucially-important/
ADB funds $361.4m for six projects in Cambodia
Six projects worth $361.4 million have been signed in order to boost science, technology, engineering, and mathematics (STEM) education, and other sectors in Cambodia. ...
Mao Sreypich
https://kiripost.com/stories/adb-funds-3614m-for-six-projects-in-cambodia
WB allots $274M for recovery
Cambodia is set to receive a $274 million credit from the World Bank (WB) “to promote a resilient recovery from the recent economic shocks” stemming from ongoing geopolitical competition among major powers and the Covid-19 crisis, more than two years on from the start of ...
May Kunmakara
https://www.phnompenhpost.com/business/wb-allots-274m-recovery
Community-led responses ‘essential for ending pandemics’ – UNAIDS
Communities must be empowered and appropriately resourced to lead the fight against HIV/AIDS and other pandemics, UNAIDS, the UN agency dedicated to tackling HIV/AIDS, stressed at an international meeting held in Thailand. ...
Khmer Times Staff
https://www.khmertimeskh.com/501204992/community-led-responses-essential-for-ending-pandemics-unaids/
$50M ADB support for Kingdom’s energy transition plan
Extending valuable support to the Cambodian government’s energy transition plan to enhance renewable energy output and raise energy efficiency while shifting away from fossil fuels, the Asian Development Bank (ADB) on Thursday announced a $50 million policy-based loan package with $23 million in project investments ...
Prakash Jha
https://www.khmertimeskh.com/501203524/50m-adb-support-for-kingdoms-energy-transition-plan/
ADB okays $73M financing package for marine fisheries
The Asian Development Bank (ADB) has announced that it greenlit a $73 million financing package on December 7 to improve the sustainability and climate resilience of the Kingdom’s marine fisheries subsector. ...
May Kunmakara
https://www.phnompenhpost.com/business/adb-okays-73m-financing-package-marine-fisheries
ADB approves $50m loan for Cambodia to boost competitiveness
The Asian Development Bank (ADB) has approved a $50m policy-based loan aimed at supporting the government of Cambodia to diversify the country’s economy and boost its global competitiveness. ...
Khmer Times Staff
https://www.khmertimeskh.com/501198804/adb-approves-50m-loan-for-cambodia-to-boost-competitiveness/
$50M ADB loan aims to boost economic diversity
The Asian Development Bank (ADB) on December 6 announced that it has greenlit a $50 million policy-based loan under Subprogram 1 of its Trade and Competitiveness Program to support government efforts to diversify the economy, better enable local businesses to compete globally, and boost Covid-19 ...
May Kunmakara
https://www.phnompenhpost.com/business/50m-adb-loan-aims-boost-economic-diversity
Cambodia emphasises key role of female peacekeepers
Cambodian Deputy Prime Minister Prak Sokhonn, Minister of Foreign Affairs and International Cooperation has highlighted the key role of women in peacekeeping operations under the UN umbrella. ...
Khmer Times Staff
https://www.khmertimeskh.com/501197972/cambodia-emphasises-key-role-of-female-peacekeepers/
$70million will be spend on STEM education nationwide
A $70 million loan from the Asian Development Bank (ADB) will be utilised to aid the STEM (Science, technology, engineering, and mathematics) education nationwide in the upper secondary level. ...
Yim Sreylin
https://www.khmertimeskh.com/501180995/70million-will-be-spend-on-stem-education-nationwide/
ADB mandate inked for 2GW of solar
The state-owned power utility is set to undertake a nationwide study on ways to harness an additional 2GW capacity of solar energy proposed by a regional lender, in a pilot project expected to spur up to $100 million in investments that aims to illustrate how ...
May Kunmakara
https://www.phnompenhpost.com/business/adb-mandate-inked-2gw-solar
ADB, EDC sign mandate for two GW solar and battery storage power programme in Cambodia
The Asian Development Bank (ADB) signed a transaction advisory services mandate with Cambodia’s national utility company Électricité du Cambodge (EDC) to support the development of two gigawatts (GW) of solar power in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501179163/adb-edc-sign-mandate-for-two-gw-solar-and-battery-storage-power-programme-in-cambodia/
Cambodia sends new batch of 346 soldiers to Mali, South Sudan for U.N. peacekeeping mission
Cambodia dispatched a new batch of 346 peacekeepers to join a United Nations peacekeeping mission in the war-torn African nations of Mali and South Sudan on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501174412/cambodia-sends-new-batch-of-346-soldiers-to-mali-south-sudan-for-u-n-peacekeeping-mission/
ADB approves $32.5 mln to Cambodia for improving health services for migrants
The Asian Development Bank (ADB) has approved $32.5 million in financing to Cambodia for improving access to quality health services in northwest Banteay Meanchey province, the Manila-based lender said in a statement on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501172365/adb-approves-32-5-mln-to-cambodia-for-improving-health-services-for-migrants/