Cambodia’s economy forecasted to grow by 5.5 percent in 2022 despite gloom this year

Cambodia’s economy is forecast to experience a rebound of 5.5 percent in 2022 despite a modest reduced  1.9 percent growth is forecasted this year amid the prolonged coronavirus pandemic, according to the Asian Development Bank (ADB). ...

Khmer Times Staff

ADB slashes Kingdom’s GDP forecast to 1.9% due to Covid

The Asian Development Bank has more than halved its forecast for Cambodia’s economic growth this year. It cut the gross domestic product forecast to 1.9 percent from April’s prediction of 4 percent growth. The ADB left next year’s forecast unchanged at 5.5 percent GDP expansion. ...

Michael Firn

Cambodia launches macroeconomic surveillance database system testing

The National Bank of Cambodia (NBC) and ADB’s Economic Research and Regional Cooperation Department have launched the Macroeconomic Surveillance Database System (MSDS) testing to secure timely report of macroeconomic and financial status. ...

Khmer Times Staff

Central bank sets up economic finance database with the ADB

Cambodia’s central bank is teaming-up with the Asian Development Bank (ADB) on an online database to monitor the financial state of the Kingdom. The National Bank of Cambodia (NBC) and the ADB’s Macroeconomic Surveillance Database System (MSDS) will be tested online. ...

Michael Firn

ADB climate scheme benefits Kingdom

The Asian Development Bank (ADB) has announced that their six-year pioneering regional technical assistance initiative has helped reduce the threat posed by climate change to public health in Cambodia. ...

Ry Sochan

Cambodia to benefit from ADB’s climate resilience in health sector project

A six-year, pioneering regional technical assistance initiative has boosted the capacity of health systems in Cambodia, the Lao People’s Democratic Republic (Lao PDR), and Viet Nam to respond to climate-induced health threats amid the coronavirus (COVID-19) disease pandemic, the Asian Development Bank (ADB) announced today. ...

Khmer Times Staff

ADB publications available in CDRI’s online catalogue

The Asian Development Bank (ADB) and Cambodia Development Resource Institute (CDRI) on June 16 launched a pioneering partnership to make ADB digital publications available in CDRI’s online catalogue. ...

Ry Sochan

​ធនាគារ​ ADB៖​ សេដ្ឋកិច្ច​កម្ពុជា​ឆ្នាំ​២០២១​អាច​កើន​៤%​ តែ​ត្រូវ​មើល​ស្ថានភាព​កូ​វី​ដ​១៩​សិន​

​ធនាគារអភិវឌ្ឍន៍អាស៊ី​ADB​ នៅ​ថ្ងៃ​ពុធ​នេះ​ បាន​ព្យាករ​សន្ទុះ​សេដ្ឋកិច្ច​កម្ពុជា​ថា​នឹង​កើន​ក្នុង​អត្រា​៤%​ក្នុង​ឆ្នាំ​២០២១​ តែ​បាន​ក្រើនរំឭក​ថា​កំណើន​ជាក់ស្ដែង​ក៏​អាស្រ័យ​ផង​ដែរ​លើ​ស្ថានភាព​ផ្ទុះ​ឆ្លង​កូ​វី​ដ​១៩​ក្នុង​សហគមន៍​ ដែល​កំពុង​គំរាម​ទាំង​ជីវិត​និង​សេដ្ឋកិច្ច​។​ ​ ...

Aun Chhengpor

ADB: Adapting to 4IR will boost garments, tourism

A study conducted by the Asian Development Bank (ADB) recommended that Cambodia develop industry transformation maps in key sectors to enable transitions under the fourth industrial revolution (4IR). This should be accompanied by adequate investment in skills development for new and repositioned jobs. ...

Niem Chheng

Cambodian economy will be ‘worst hit in Asean’ ADB

The Asian Development Bank (ADB) said the Kingdom will see losses amount to more than $390 million due to the economic impact of the Covid-19 outbreak this year. ...

Thou Vireak

Restoration of irrigation systems set to begin in four provinces

The Ministry of Water Resources and Meteorology, through the Asian Development Bank (ADB)-financed Climate Friendly Agri-Business Value Chains (CFAVC) Sector Project, will begin restoring 32 irrigation systems and dig 800 ponds in Takeo, Kampong Cham, Kampot and Tbong Khmum provinces. ...

Voun Dara

JICA continues to aid the Kingdom

The Japan International Cooperation Agency (JICA) will provide Cambodia a $30 million grant for the fourth phase of a flood protection project and canal and sewer system improvements in Phnom Penh. The JICA programme officer Say Bora told The Post on Wednesday: “The Royal Government ...

Voun Dara

ADB revises down Cambodia’s inflation forecast

The Asian Development Bank (ADB) has updated its forecast for Cambodia, revising down its estimate of the country’s inflation rate to 2.6 percent from 3.2 percent. Economic growth is expected to remain steady at about 7 percent, according to the ADB. ...

Aun Chhengpor

Kampot’s seaport breaks ground

Construction of a much-awaited seaport in the coastal province of Kampot began yesterday, with insiders saying the upcoming harbour will boost maritime transportation with Vietnam and Thailand and bolster the local tourism industry and the national economy. ...

May Kunmakara

MoU inked with China firm for sewage study

The Minister of Public Works and Transport Sun Chanthol on Wednesday signed a memorandum of understanding (MoU) with Beijing Urban Construction Group Co Ltd (BUCG) in Phnom Penh, to undertake a study of sewerage and drainage systems. ...

Kong Meta

Green funding will be first for Kingdom: ADB

The Asian Development Bank’s recent announcement of $40 million in funding for Cambodia marks the first funds from the Green Climate Fund that were earmarked for the Kingdom, according to ADB officials. ...

Hor Kimsay

Cambodia to get $40M from ADB’s green fund

The Asian Development Bank has announced an additional $30 million in grants and $10 million in loans to Cambodia as part of the organization’s Green Climate Fund. ...

Post Staff

Major irrigation project underway

Officials on Saturday kicked off a large irrigation project to provide water to farmers in Takeo and Kampot provinces in hopes of enabling them to harvest rice three times a year. The project is part of an $82 million irrigation effort funded by the Asian ...

Khouth Sophak Chakrya

ADB issues guide to local bond market

Aiming to inject momentum into their nascent debt markets, the Asian Development Bank (ADB) released yesterday bond market guides for Cambodia and Myanmar. ...

May Kunmakara

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