News

As Foreign Aid Increases, Questions About Conditions

Cambodia has seen huge growth of foreign aid and loans over the past two decades, but experts are beginning to question its worth—and what conditions might be attached. Total aid from 1993 to 2012 amounts to around $10 billion, with the percentage of aid coming as ...

http://www.voacambodia.com/content/as-foreign-aid-increases-questions-about-conditions/1664821.html

China's Aid to Cambodia Helps Cement Ties

When Asia-Pacific leaders gather this weekend in Southeast Asia—a bright spot in a sputtering global economy—their Cambodian hosts may extend a warm welcome to U.S. President Barack Obama, but they will view officials from Beijing as old friends. Mr. Obama’s visit to Cambodia—this year’s host for ...

Chun Han Wong
http://online.wsj.com/article/SB10001424127887324595904578120582308358540.html

Cambodia Says No Strings Attached in Recent Chinese Aid

China has done a lot to support Cambodia over the years with millions of dollars in aid, loans and investment. But after reports this week that China has pledged another $500 million in soft loans and grants—and publicly thanked Cambodia for its support in Southeast ...

http://blogs.wsj.com/searealtime/2012/09/06/cambodia-says-no-strings-attached-in-recent-chinese-aid/

Ahead of Titling, Hun Sen Urges Swift Resolution to Land Disputes

Prime Minister Hun Sen yesterday urged people to resolve their own land disputes to aid the progress of an ambitious land-titling project announced earlier this month. Speaking at an event in Kompong Cham province’s Kroch Chhmar district to mark National Fish Day, Mr. Hun Sen thanked ...

Hu wants Cambodia help on China Sea dispute, pledges aid

Chinese President Hu Jintao asked close economically Cambodia on Saturday not to push talks on the vexed issue of the South China Sea “too fast” as he pledged to double bilateral trade to $5 billion and announced fresh aid to the impoverished country. Cambodia holds the ...

http://www.reuters.com/article/2012/03/31/us-cambodia-china-idUSBRE82U04Y20120331

Kingdom sees boost in foreign reserves

Cambodia’s total foreign reserves jumped to US$3 billion in the first half of 2011, up from $2.7 billion at the end of last year, according to the National Bank of Cambodia. The reserves help to bolster the Kingdom’s financial standing, which in turn draws investor interest ...

http://www.phnompenhpost.com/index.php/2011120753192/Business/kingdom-sees-boost-in-foreign-reserves.html

Welfare plan full of goals, short on details

Cash transfers to the poor and public works programs for the unemployed are spelled out in a new five-year plan the government launched yesterday in a bid to expand the country’s threadbare social welfare programs. Though full of ambitious targets and budgets, the ‘National Social Protection ...

Floods abate, but villagers still isolated

Although floodwaters are receding, an unknown number of villages in several provinces remain accessible only by boat, and the extent of the damage has yet to be fully assessed, according to aid workers and the latest “situation update” from the United Nations Disaster Management Team. “In ...

http://www.phnompenhpost.com/index.php/2011112152867/National-news/floods-abate-but-villagers-still-isolated.html

Japan Helps Cambodia Despite Difficulties

Japan on August 15th loaned Cambodia a package of US$ 53.3 million for the West Tonle Sap Irrigation and Drainage Improvement and a grant aid of US$ 0.7 million to improve education equipment of the Department of Geo-Resources and Geotechnical Engineering of the Institute of ...

http://thesoutheastasiaweekly.com/

Deals With China Inked

Cambodia agreed to acquire Chinese-made Z-9 helicopters for US$195 million in one of 26 memorandums of understanding agreed by the two countries on Saturday. Cooperation was pledged in sectors such as energy, mining, agriculture and road construction, as well as defense spending and aid. The ...

http://www.phnompenhpost.com/index.php/2011082251177/Business/deals-with-china-inked.html

Japan Loans over $53 Million to Improve Agriculture and Education

Cambodia will receive a concessional loan package of $53.3 million US dollars from Japan to restore the irrigation canal system and another $700,000 dollars grant aid to enhance education materials for minerals resources and topology department of the Institute of Technology of Cambodia (ITC), the ...

http://thesoutheastasiaweekly.com/

World Bank fund halt irks officials

THE government expressed disappointment yesterday with the World Bank’s announcement that it had halted new country loans due to the ongoing land dispute at Boeung Kak lake in Phnom Penh and vowed to raise the issue with the bank’s executive board. “We are very dissatisfied ...

>http://www.phnompenhpost.com/index.php/2011081050948/National-news/world-bank-fund-halt-irks-officials.html

World Bank stops funds for Cambodia over evictions

The World Bank said on Tuesday it had stopped providing loans to Cambodia and would not resume lending until the government did something to help hundreds of families facing eviction from land around a lake in the country’s capital, Phnom Penh. “The World Bank’s last ...

http://www.reuters.com/article/2011/08/09/cambodia-worldbank-idUSL3E7J920D20110809

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