News

New pier to attract tourists

Kampot province’s City Hall yesterday revealed plans for a new passenger pier to siphon more coastal tourism business from Thailand and Vietnam. Sim Vuthea, administrative director of Kampot City Hall, said the new $40 million passenger pier, which will be funded by the Asian Development Bank ...

Chan Muyhong
http://phnompenhpost.com/business/new-pier-attract-tourists

Donors meet over new civil servant per diems

Cambodia’s international donors met Tuesday to decide whether they will comply with the government’s recent move to increase the per diem that civil servants receive for attending work-related, out-of-office events. In July, Prime Minister Hun Sen signed off on a sub-decree raising the Daily Subsistence Allowance ...

Paula Brito
http://www.cambodiadaily.com/news/donors-meet-over-new-civil-servant-per-diems-72133/

Open economy needs new strategy for regional integration

Cambodia must do more than open its borders for trade and investment if it hopes to benefit from regional economic integration and reduce the glaring economic inequality wrought by entrenched patronage networks and corrupt institutions, according to a new report by the Asian Development Bank ...

George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/open-economy-needs-new-strategy-for-regional-integration-71127/

ADB bidding in K Cham canceled as row erupts

Officials delayed the bidding process for three projects funded by the Asian Development Bank (ADB) on Wednesday after heated arguments between bidders broke out in Kompong Cham province’s Choeung Prey district, local officials said on Thursday. ...

Ouch Sony
http://www.cambodiadaily.com/news/70849-70849/

ADB to help find answers for railway families

The Asian Development Bank (ADB) on Monday promised to help pry answers out of the government for residents of Phnom Penh who fear losing all or some of their land to a bank-funded project to rehabilitate the country’s railway network. ...

Aun Pheap
http://www.cambodiadaily.com/news/adb-to-help-find-answers-for-railway-families-70398/

ADB, Japan assist grassroots push to reduce disaster impacts in Cambodia

The Asian Development Bank (ADB) and the Government of Japan are supporting a grassroots project to manage risks and reduce impacts from floods and other natural disasters in vulnerable communities in Cambodia. The Community-Based Disaster Risk Reduction project, financed by a $2.5 million grant from the ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/adb-japan-assist-grassroots-push-to-reduce-disaster-impacts-in-cambodia-7452

Vocational training to get $30M ADB boost

The Asian Development Bank (ADB) announced last week a $30 million loan aimed at overhauling Cambodia’s technical and vocational education system (TVET). According to a September 26 statement issued by the ADB, the new funding will go towards launching a “competency-based” assessment and certification process, and ...

Eddie Morton
http://phnompenhpost.com/business/vocational-training-get-30m-adb-boost

ADB firms up growth prediction

The Asian Development Bank (ADB) has maintained its growth projections for Cambodia in 2014. The ADB’s midyear outlook for Cambodia, released yesterday, states that Cambodia’s economy still stands to achieve 7 per cent growth by the end of the year, and potentially 7.3 per cent in ...

Eddie Morton
http://phnompenhpost.com/business/adb-firms-growth-prediction

Hun Sen says business breeds bribes

Prime Minister Hun Sen yesterday defended his government, saying its reputation for corruption is undeserved, laying blame on the private sector for initiating the bribe process and calling out international development partners for applying double standards. Speaking at the Eighth Regional Conference of Anti-Corruption Intiative for ...

Chan Muyhong
http://phnompenhpost.com/business/hun-sen-says-business-breeds-bribes

ADB gives update on aid for railway families

The government has finished calculating the additional compensation it will pay out to some of the families forced to move for a $143 million railway rehabilitation project being funded mostly by the Asian Development Bank (ADB), according to a new report. The report, released this week ...

Zsombor Peter
http://www.cambodiadaily.com/news/adb-gives-update-on-aid-for-railway-families-67520/

Cambodia looks to be winner for growth for AEC: ILO

Cambodia stands to be the biggest beneficiary, in terms of GDP growth, for the first decade following ASEAN Economic Integration in 2015, according to a study released publicly today by the International Labour Organisation (ILO). The ILO’s 160-page report says Cambodia could see a 19.9 per ...

Eddie Morton and Daniel de Carteret
http://www.phnompenhpost.com/business/cambodia-looks-be-winner-growth-aec-ilo

ADB to support $118m rural road project in Cambodia

The Asian Development Bank (ADB) will provide nine poor rural provinces in Cambodia with year-round access to markets and social services through a 118 million U.S. dollars project to provide a safer, cost-effective rural road network, the bank said in a press statement on Monday. ...

Daily Times News Staff
http://www.dailytimes.com.pk/business/12-Aug-2014/adb-to-support-118m-rural-road-project-in-cambodia

Protesting families demand answers from ADB

Phnom Penh families who face losing a part of their land to a railway rehabilitation project being funded primarily by the Asian Development Bank (ADB) protested in front of the bank’s country headquarters Monday over what they say has been a lack of transparency about ...

Aun Pheap and Zsombor Peter
http://www.cambodiadaily.com/news/protesting-families-demand-answers-from-adb-66271/

Cambodia is perfectly positioned to become a solar powerhouse

Phnom Penh’s first solar-powered building looks for all the world like a cube of colored Lego blocks dropped in a factory lot on the city’s industrial outskirts. Covered in some 1,350 solar panels — including large panes of multi-colored solar glass — the three-story building ...

Sarah Goodyear
http://nextcity.org/daily/entry/water-war-weapon-syria-cities

Urban planning needed: ADB

With a rapidly rising population exacerbating the country’s existing infrastructure, the Asia Development Bank (ADB) has highlighted in a new study the Cambodian government’s failure to install effective planning policies in its most densely populated urban centres. The ADB estimates that, driven by work opportunities and ...

Eddie Morton
http://www.phnompenhpost.com/business/urban-planning-needed-adb

ADB protest lands meeting, few results

About 60 residents from Phnom Penh and the provinces of Battambang, Banteay Meanchey and Preah Sihanouk who lost land or are in danger of losing land due to a railroad development project funded by the Asian Development Bank (ADB) protested outside its offices Thursday morning ...

Mech Dara
http://www.cambodiadaily.com/news/adb-protest-lands-meeting-few-results-62593/

Bridge not to blame, says ADB

A Battambang bridge project isn’t to blame for blocking a river and preventing water from reaching parched rice fields, an Asian Development Bank investigation concluded yesterday. Bavel district farmers accused the bank-funded construction project of choking the river since construction began in December, leaving their recently ...

Laignee Barron
http://www.phnompenhpost.com/national/bridge-not-blame-says-adb

Water flow ‘still weak’ after pipe installation

After blocking a river for months, a construction project’s recently installed water pipes are delivering relief to only some of Battambang’s drought-stricken fields. More than 400 farmers in Bavel district blamed the Asian Development Bank-funded bridge for choking the river since construction began in December, leaving ...

Laignee Barron and Mom Kunthear
http://www.phnompenhpost.com/national/water-flow-%E2%80%98still-weak%E2%80%99-after-pipe-installation

Construction raking in cash

Foreign and domestic investment in construction projects skyrocketed in the first four months of the year, government data suggests. Ministry of Land Management and Urban Planning data revealed last week shows total investment in new construction projects reached more than $1.4 billion at the end of ...

May Kunmakara and Sum Manet
http://www.phnompenhpost.com/business/construction-raking-cash

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