News

Cambodia Post Bank Plc (CPBank) has partnered with the Asian Development Bank (ADB) on a $10 million loan initiative to provide to the Kingdom’s micro-, small- and medium-sized enterprises (MSME) to support their recovery after years of Covid-related disruptions, according to ADB. ...

Ground has been broken on a new water treatment plant in Battambang province which will serve the provincial capital. The plant, in Kampong Wat Kor commune’s Seima village of the town, is co-financed by the Asian Development Bank (ADB) and the Agence Francaise de Developpement- AFD ...

A 60MW solar photovoltaic (PV) power plant in southwestern Kampong Chhnang province, part of the 100MW National Solar Park, was connected to the national grid on November 11, in a move to provide the people with more power resources, reported the Asian Development Bank (ADB). ...

During the 40th and 41st ASEAN Summits, ADB promised to pump $100 billion into combating climate change and promote green development across the region. ...

ADB to support development of 2GW of solar power and study opportunities for increased solar power battery capacity. ...

ADB will support the Skills for Future Economy Sector Development Program in Cambodia, said a top official of the bank. The bank is the leading development partner in the technical and vocational education and training (TVET) sector. ...

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 ...

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. ...

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. ...

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. ...

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. ...

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. ...

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). ...

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. ...

Prime Road Alternative (Cambodia) Co Ltd will soon break ground on a 60MW solar power plant in southwestern Kampong Chhnang province valued at $37.4 million. ...

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. ...

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. ...

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. ...

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. ...

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. ...

​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​។​ ​ ...

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. ...

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. ...

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. ...