Aid and development

Cambodia applauds ADB’s commitment and contribution to Cambodia’s economic growth

Deputy Prime Minister and Minister of Economy and Finance, Dr Aun Porn Moniroth met with Winfried Vicklen, Director General of the Asian Development Bank (ADB), on his visit to Cambodia from October 9 to10, 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501375256/cambodia-applauds-adbs-commitment-and-contribution-to-cambodias-economic-growth-2/

UNIDO join hands with CAC to boost cashew kernel export

The United Nations Industrial Development Organisation (UNIDO) collaborated with the Cashew nut Association of Cambodia (CAC) to boost the export of cashew kernel by 12 percent by 2025 by providing technical support and management systems to the owners of the micro, small and medium enterprises ...

Nheng Chamrong
https://www.khmertimeskh.com/501373709/unido-join-hands-with-cac-to-boost-cashew-kernel-export/

IMF sees Cambodia as ASEAN’s fastest growing economy in 2023 and 2024

Cambodia’s economy is projected to expand 5.6 percent this year and 6.1 percent next year, up from 5.2 percent last year, the International Monetary Fund (IMF) said Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501374620/imf-sees-cambodia-as-aseans-fastest-growing-economy-in-2023-and-2024/

Waste management project takes shape

The Ministry of Environment, in collaboration with the World Bank, is poised to launch a project aimed at managing solid and plastic waste in five provinces in the near future. Discussions are underway to expedite the project’s implementation. ...

Bor Pich Zelin
https://phnompenhpost.com/national/waste-management-project-takes-shape

Australia finance NGOs, 49 major community projects

Australia has pledged A$7.9 million ($5 million) to support 26 Australian NGOs in collaboration with Cambodian counterparts, aiming to initiate 49 community projects across all provinces. Australian deputy ambassador Andreas Zurbrugg announced the commitment during the “Australia-Cambodia NGO Consultation 2023”, which saw participation from over 70 ...

Ry Sochan
https://phnompenhpost.com/national/australia-finance-ngos-49-major-community-projects

Growth pegged at 5.5% for ‘23 recovery stage by World Bank

The World Bank has upheld its economic growth forecast for Cambodia this year at 5.5 percent, supported by the resurgence of the services sector, particularly tourism, following the post-pandemic recovery. ...

May Kunmakara
https://www.phnompenhpost.com/business/growth-pegged-55-23-recovery-stage-world-bank

ADB signs $140m loan agreement to boost skills and public services

The Asian Development Bank (ADB) signed two loan agreements with the Ministry of Economy and Finance on Tuesday for a total of $140 million to boost the quality of Cambodia’s workforce through technical and vocational education and training (TVET) and improve public service delivery by ...

Thang Sinorn
https://kiripost.com/stories/adb-signs-140m-loan-agreement-to-boost-skills-and-public-services

ADB lends $140M for labour development

Cambodia has received $140 million in loans from the Asian Development Bank (ADB) to boost labour development to transform the country into a technology-driven, knowledge-based industrial economy while enhancing public service delivery by local administrations through public finance and decentralisation reforms. ...

May Kunmakara
https://www.phnompenhpost.com/business/adb-lends-140m-labour-development/

US reverses decision on suspension of $18mil aid money

The United States has reversed its decision to suspend $18 million in assistance to Cambodia through the United States Agency for International Development (USAID) following this year’s National Election when Washington had considered the election unfair and lacked transparency. ...

Soth Koemsoeun
https://www.khmertimeskh.com/501365606/us-reverses-decision-on-suspension-of-18mil-aid-money/

Cambodia’s GDP growth likely 5.3% this year, say ADB, AMRO

Two international organisations have forecast Cambodia’s economic growth to be around 5.3 per cent this year as the economy continues to be impacted by lower than expected expansion in the industrial and agriculture sector in the first half (H1), stemming from the regional and global ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodias-gdp-growth-likely-53-year-say-adb-amro

PM and his spouse leave Phnom Penh to attend the “United Nations 78th General Assembly

Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, and his spouse Dr. Pech Chanmony, led a high-level delegation of the Royal Government of Cambodia to attend the “United Nations for the 78thGeneral Assembly” in New York, USA from September 21 to 25, 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501364301/pm-and-his-spouse-leave-phnom-penh-to-attend-the-united-nations-78th-general-assembly/

FAO says Cambodian wholesale rice prices stable or higher last month

Wholesale rice prices in Cambodia were stable or rising last month despite surges in Thailand and Vietnam, the Food and Agricultural Organization of the United Nations (FAO) said Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501363731/fao-says-cambodian-wholesale-rice-prices-stable-or-higher-last-month/

Labour Minister asks JICA to continue vocational technical training to boost Cambodia’s economic growth to 7%

Heng Sour, Minister of Labour and Vocational Training, has requested the Japan International Cooperation Agency (JICA) in Cambodia to continue developing human resources in technical and vocational training to increase the momentum of Cambodia’s economic growth to 7%. ...

Khmer Times Staff
https://www.khmertimeskh.com/501361304/labour-minister-asks-jica-to-continue-vocational-technical-training-to-boost-cambodias-economic-growth-to-7/

Cambodia, Korea discuss ODA situation and partnership development

Cambodia and the Republic of Korea (RoK) have discussed the overall situation of the RoK’s Official Development Assistance (ODA) to Cambodia and ways to strengthen the development cooperation and partnership between the two countries. ...

Khmer Times Staff
https://www.khmertimeskh.com/501362717/cambodia-korea-discuss-oda-situation-and-partnership-development/

AFD commits to skills development in Cambodia

France has reaffirmed its commitment to ongoing collaboration with Cambodia’s Ministry of Labour and Vocational Training, particularly in relation to the Technical and Vocational Education and Training (TVET) and National Social Security Fund (NSSF) sectors. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/afd-commits-skills-development-cambodia

Chinese doctors step up solidarity programme in Cambodia and Laos

Chinese doctors have performed more than 10,000 free surgeries on cataract patients in Cambodia and Laos, as reported by Xinhua News Agency, a partner of TV BRICS. ...

Khmer Times Staff
https://www.khmertimeskh.com/501362065/chinese-doctors-step-up-solidarity-programme-in-cambodia-and-laos/

Japan, development ministry boost rural clean water ties

Minister of Rural Development Chhay Rithisen and Japanese ambassador to Cambodia Atsushi Ueno have committed to bolstering cooperation between the two countries, particularly in non-urban development and clean water education. ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/japan-development-ministry-boost-rural-clean-water-ties

IMF urge cooperation for recovery

International Monetary Fund (IMF) managing director Kristalina Georgieva urged ASEAN leaders to invest in international cooperation as well as growth-enhancing reforms to fully recover and continue on the pre-pandemic path to prosperity amid a global economic slowdown. ...

May Kunmakara
https://phnompenhpost.com/business/imf-urge-cooperation-recovery

Japan aids in waste management efforts

Minister of Environment Eang Sophalleth highlighted waste management and plastic reduction as priority tasks during his recent meeting with Japanese ambassador to Cambodia Atsushi Ueno. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/japan-aids-waste-management-efforts

Minister asks Japan for flooding support

During a meeting to discuss water resources with officials from the Japanese Embassy in Cambodia, Thor Chetha, the minister of Water Resources and Meteorology, proposed that Japan assist in addressing the nation’s flooding and drought issues. ...

Chea Sokny
https://phnompenhpost.com/national/minister-asks-japan-flooding-support

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