Aid and development
Japanese FDI flows in roads, bridges it built
Japanese investors have sunk over $800 million into the Cambodian economy over the past two decades, with much of this investment coming on the back of concessional aid directed to develop and strengthen the country’s trade and industry capacities, according to data provided on Friday ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/japanese-fdi-flows-roads-bridges-it-built
Japan donates $1.1 million to tribunal
Japan, the Khmer Rouge tribunal’s largest donor to date, has contributed a further $1.12 million to its international component, the tribunal said on Tuesday in a statement. ...
Mayuri Mei Lin
http://www.khmertimeskh.com/news/32642/japan-donates--1-1-million-to-tribunal/
$100 million freshwater aquarium planned
A $100 million freshwater aquarium, part of which will be a research and breeding center, is being planned for Phnom Penh. The project, revealed in a meeting between Prime Minister Hun Sen and a visiting Japanese delegation from the Japan-Cambodia Association on Friday, will be funded ...
Rein in credit, warns IMF
In light of global predictions of a slowdown in economic markets, led largely by China’s slackening growth, the International Monetary Fund (IMF) yesterday offered Cambodia advice on short and longer term measures to help maintain growth. It also warned that the country’s rapid credit growth ...
May Kunmakara
http://www.khmertimeskh.com/news/31763/rein-in-credit--warns-imf/
Asian Development Bank announces $45M loan for secondary education
The Asian Development Bank has approved a $45 million loan for Cambodia to overhaul its upper secondary education in order to address the increased demand for skilled workers. ...
Yesenia Amaro
http://www.phnompenhpost.com/national/asian-development-bank-announces-45m-loan-secondary-education
China to help modernize military, defense minister says
Chinese aid and expertise—and perhaps some fighter jets—will help modernize Cambodia’s military, Defense Minister Tea Banh said on Monday as navy vessels from China and the U.S. paid courtesy calls to Cambodia’s ports. Speaking after his return from the 7th Xiangshan Forum, a regional security summit ...
Ben Sokhean
https://www.cambodiadaily.com/news/china-help-modernize-military-defense-minister-says-119421/
Cambodia-China tourism pact
A tourism development agreement was signed last week between Cambodia’s Ministry of Tourism and China’s Shanghai Spring International Travel Service Group to boost the influx of Chinese tourists to the Kingdom. In announcing the agreement on Saturday, Minister of Tourism Thong Khon said: “The memorandum ...
Chea Vannak and Sum Manet
http://www.khmertimeskh.com/news/30853/cambodia-china-tourism-pact/
Rainsy says China aid to blame for rights abuses
Days after signing a statement welcoming Chinese President Xi Jinping to Cambodia, opposition leader Sam Rainsy took to Radio Free Asia to slam China for enabling human rights abuses in the Kingdom with no-strings-attached loans. ...
Cristina Maza
http://www.phnompenhpost.com/national/rainsy-says-china-aid-blame-rights-abuses
China gives $2 billion for roads, bridge
The visit of Chinese President Xi Jinping last week resulted in loan agreements worth almost $2 billion for road infrastructure development in Cambodia, the Ministry of Public Works and Transport said on Friday. According to Transport Minister Sun Chanthol, the money will be used to ...
Sum Manet
http://www.khmertimeskh.com/news/30849/china-gives--2-billion-for-roads--bridge/
China’s president Xi arrives bearing gifts
Chinese President Xi Jinping is not one to arrive without a gift. On his first visit to Cambodia as head of state on Thursday, he pledged some $237 million in aid, erased almost $90 million in state debt, offered nearly $15 million in military support and ...
Khy Sovuthy, Ben Paviour and Khuon Narim
https://www.cambodiadaily.com/news/chinas-president-xi-arrives-bearing-gifts-119274/
NEC receives heaps of hardware from China
The National Election Committee yesterday announced the details of an assistance package from China, which has pledged to support Cambodia’s upcoming commune and national elections, set for 2017 and 2018. ...
Vong Sokheng
http://www.phnompenhpost.com/national/nec-receives-heaps-hardware-china
Korea hands over aviation center
Three and a half years after signing a memorandum of understanding on the project, the Korean International Cooperation Agency (KOICA) in Cambodia handed over a $10.1 million aviation training center to the government yesterday. ...
Ven Rathavong
http://www.khmertimeskh.com/news/30685/korea-hands-over-aviation-center/
China to help Cambodia’s military
China will help Cambodia improve its military capacity and provide military technical skills, National Defense Minister Tea Banh said yesterday. ...
Ban Sokrith and Ros Chanveasna
http://www.khmertimeskh.com/news/30614/china-to-help-cambodia---s-military/
Amid $1.9M gift, CMAC boss tempers US aid comments
Seemingly backing away from previous criticism, Heng Ratana, director-general of the Cambodia Mine Action Centre (CMAC), expressed gratitude to the US on Friday for pledging another $1.9 million to the organisation, while still implying that Cambodia is not treated as well as its neighbouring countries. ...
Andrew Nachemson and Niem Chheng
http://www.phnompenhpost.com/national/amid-19m-gift-cmac-boss-tempers-us-aid-comments
ADB to muscle up its lending with pledge of $1B
Cambodia could receive over $1 billion in developmental aid and grant funding from the Asian Development Bank (ADB) in the coming four years as the multilateral financial institution consolidates its lending arms and scales up operations across the region – a move that some analysts ...
Kali Kotoski
http://www.phnompenhpost.com/business/adb-muscle-its-lending-pledge-1b
Japan gives $30 M for busses, demining
The Japanese government will provide almost $30 million in grant aid to Cambodia to boost Phnom Penh’s public bus system and to strengthen ongoing demining operations. At a signing ceremony at the Ministry of Foreign Affairs yesterday, minister Long Visalo and outgoing Japanese Ambassador Yuji Kunamaru, ...
Ros Chanveasna
http://www.khmertimeskh.com/news/30249/japan-gives--30-for-busses--demining/
Japan gives $32M for UXO projects, Phnom Penh buses
Japan has pledged to help fund three projects in Cambodia with a grant totalling about $31.9 million. Cambodian Ministry of Foreign Affairs Secretary of State Long Visalo met with Japanese Ambassador to Cambodia Yuji Kumamaru yesterday for a signing ceremony to officially award the funding. One of ...
Vong Sokheng
http://www.phnompenhpost.com/national/japan-gives-32m-uxo-projects-phnom-penh-buses
Japanese grant to boost CMAC oversight
The Japanese government on Wednesday agreed to provide the Cambodian Mine Action Centre (CMAC) $833,000 towards an ongoing project that will see the group increase the management capacity of their operations. ...
Ananth Baliga
http://www.phnompenhpost.com/national/japanese-grant-boost-cmac-oversight
Universities in agricultural innovation
As rice farmers struggle to cope with the aftereffects of one of the worst droughts in Cambodia’s recent history and moribund infrastructure makes it difficult to transport and sell their products across the country, universities here and in the United States are joining forces to ...
Safiya Charles
http://www.khmertimeskh.com/news/30110/universities-in-agricultural-innovation/
Japan gives money for demining
The Japanese government agreed yesterday to provide more than $830,000 to the Japan Mine Action Service (JMAS) to assist the Cambodian Mine Action Center (CMAC) with demining operations in the northwestern part of Battambang province. The deal was signed by Japan’s Ambassador to Cambodia Yuji Kumamaru ...
Ros Chanveasna
http://www.khmertimeskh.com/news/30052/japan-gives-money-for-demining/
Banking with a positive spin
A banking sector initiative launched yesterday aims to advise Cambodia’s financial sector on best practices for sustainable lending while capitalising on the growing pool of international funds that could flow into green and socially responsible projects. The Sustainable Finance Initiative will conduct two years of ...
Kali Kotoski
http://www.phnompenhpost.com/business/banking-positive-spin
India pledges $50,000 to ECCC
The government of India announced yesterday that it will give $50,000 to the Extraordinary Chambers in the Court of Cambodia (ECCC), the tribunal tasked with the prosecution of the country’s former Khmer Rouge commanders. “On behalf of the ECCC we would like to express our gratitude ...
Safiya Charles
http://www.khmertimeskh.com/news/29660/india-pledges--50-000-to-eccc/
China promises additional aid after ASEAN skirts sea dispute
China promised Cambodia funds for a variety of projects during a meeting between Prime Minister Hun Sen and Chinese Prime Minister Li Kequiang during this week’s Asean Summit in Vientiane, a minister attached to Mr. Hun Sen told reporters on Thursday night. ...
Khuon Narim
https://www.cambodiadaily.com/news/china-promises-additional-aid-asean-skirts-sea-dispute-117783/
Japan boosts primary healthcare
The government of Japan has agreed to provide a $134,526 grant to PH-Japan (PHJ) – a Japanese NGO working to improve Cambodia’s healthcare system – the embassy announced yesterday. According to an embassy press release, PHJ will use the money in Kampong Cham province, focusing on ...
Tin Sokhavuth
http://www.khmertimeskh.com/news/29496/japan-boosts-primary-healthcare/