News

Minister proposes agri projects for ADB backing

Agriculture minister Veng Sakhon and Asian Development Bank (ADB) executive director Anthony McDonald on May 27 discussed the needs of some development projects in the agricultural sector in which the Metro Manila-based multilateral lender could potentially provide financial support, according to a post on Sakhon’s ...

Post Staff
https://www.phnompenhpost.com/national/minister-proposes-agri-projects-adb-backing

Japan to help Cambodia with roadmap to carbon neutrality

The Ministry of Mines and Energy and the Japan International Cooperation Agency (JICA) signed a memorandum of understanding (MoU) on April 29 on the implementation of a project to prepare the Kingdom’s transition to clean energy and a roadmap to carbon neutrality. ...

Ry Sochan
https://www.phnompenhpost.com/national/japan-help-cambodia-roadmap-carbon-neutrality

ADB says RCEP, bilateral FTAs to bring great benefits to Cambodia

The Regional Comprehensive Economic Partnership (RCEP) free trade deal and bilateral free trade agreements(FTAs) will bring a lot of benefits to Cambodia in the long term, Asian Development Bank (ADB) acting country director for Cambodia Anthony Gill said on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501054249/adb-says-rcep-bilateral-ftas-to-bring-great-benefits-to-cambodia/

Ministry of Agriculture requests continued assistance from ADB

The Cambodian Minister of Agriculture expressed gratitude and requested the continued aid from the Asian Development Bank (ADB) in a call with ADB’S Country Director for Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/50950265/ministry-of-agriculture-requests-continued-assistance-from-adb/

$30 million ADB financing to support Cambodia’s COVID-19 response

The Asian Development Bank (ADB) has approved $30 million in financing to help strengthen Cambodia’s health system amid a surge in new infections and sustained community transmission of the coronavirus disease (COVID-19), said ADB in a press release. ...

Khmer Times Staff
https://www.khmertimeskh.com/50948240/30-million-adb-financing-to-support-cambodias-covid-19-response/

ADB gives $82M for roads

The Asian Development Bank (ADB) has approved an $82 million loan to improve approximately 48km of national and provincial roads in Prey Veng and Kandal provinces to boost economic development along the Greater Mekong Subregion’s (GMS) southern economic corridor. ...

Ry Sochan
https://www.phnompenhpost.com/national/adb-gives-82m-roads

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
https://www.khmertimeskh.com/50939987/cambodias-economy-forecasted-to-grow-by-5-5-percent-in-2022-despite-gloom-this-year/

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
https://www.khmertimeskh.com/50939651/adb-slashes-kingdoms-gdp-forecast-to-1-9-due-to-covid/

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
https://www.khmertimeskh.com/50902661/cambodia-launches-macroeconomic-surveillance-database-system-testing/

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
https://www.khmertimeskh.com/50901341/central-bank-sets-up-economic-finance-database-with-the-adb/

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
https://phnompenhpost.com/national/adb-climate-scheme-benefits-kingdom

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
https://www.khmertimeskh.com/50897188/cambodia-to-benefit-from-adbs-climate-resilience-in-health-sector-project/

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
https://www.phnompenhpost.com/national/adb-publications-available-cdris-online-catalogue

​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
https://www.voacambodia.com/a/four-percent-gdp-growth-hinges-on-current-outbreak-adb-says-/5869863.html

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
https://www.phnompenhpost.com/national/adb-adapting-4ir-will-boost-garments-tourism

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
https://www.phnompenhpost.com/business/cambodian-economy-will-be-worst-hit-asean-adb

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
https://www.phnompenhpost.com/national/restoration-irrigation-systems-set-begin-four-provinces

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
https://www.phnompenhpost.com/national/jica-continues-aid-kingdom

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
https://www.voacambodia.com/a/adb-revises-down-cambodia-inflation-forecast/4591720.html

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