News

The Royal Government of Cambodia (RGC) and the Asian Development Bank (ADB) signed concessional loan and grant agreements worth $403 million to finance six projects in 2024, marking a significant increase of 112 percent compared to $190 million in 2023. ...

The Asian Development Bank (ADB) and Cambodia’s Ministry of Health today handed over 14 ambulances to as many provincial hospitals as possible in a ceremony at the Ministry of Health to improve emergency clinical care access in the country. ...

The Asian Development Bank (ADB) has approved two projects with $173 million in loans and grants to accelerate climate-adaptive water resources management in Cambodia. ...

Cambodia’s inflation is expected to shrink to 0.4 percent in 2024 as fuel and food prices dropped below levels expected by the ASEAN+3 Macroeconomic Research Office (AMRO), as well as the tourism sector’s lagged recovery. ...

The Asian Development Bank (ADB), in partnership with the Ministry of Economy and Finance and the Cambodia Development Resource Institute (CDRI), yesterday launched the first of a series of panel discussions aimed at operationalising its new five-year country strategy for Cambodia. ...

Asian Development Bank (ADB), a key development partner for Cambodia, has maintained its growth forecast for Cambodia at 5.8 percent for this year and 6.0 percent for 2025 but revised its earlier inflation projection for this year from 2.0 percent to 0.5 percent. ...

Minister of Water Resources and Meteorology Thor Chetha requested the Asian Development Bank (ADB) to continue investing in water resources management and meteorology systems to combat climate change and natural disasters. ...

In an effort to promote local agriculture and inspire a sense of nationalism among Cambodians, the Ministry of Agriculture, Forestry, and Fisheries is set to host the “Khmer Agricultural Village” fair and the “Discuss the Taste of Khmer Agricultural Products” forum. ...

Thor Chetha, Minister of Water Resources and Meteorology, highlighted the Ministry’s priority of strengthening the forecasting system, early warning system, and early warning to vulnerable people to be vigilant as needed to reduce natural disasters and economic losses, and urged the Asian Development Bank to ...

With the employment rate growing on an average of 2.5 percent annually, the nation will create additional jobs for about 235,000 people per year, increasing the opportunities to approximately 10.2 million in the next three years. ...

Realising that 99 percent of Cambodian businesses are micro, small, and medium-sized enterprises (MSMEs), the Foreign Trade Bank of Cambodia (FTB) and the Asian Development Bank’s (ADB) have stepped into to fill the market gaps across the whole country. ...

The Asian Development Bank (ADB), yesterday, supported Cambodia’s push for the establishment of the ASEAN Power Grid (APG), sharing a vision to enhance the region’s green energy security. ...

Asia Development Bank (ADB) along with the International Fund for Agricultural Development (IFAD) under the guidance of the Royal Government has successfully implemented the project to support the poorest communities in the provinces along the Tonle Sap River through the Farmer Livelihood Improvement Association (FLIA), ...

A total of 95 percent of Cambodian women are involved in childcare, impacting their ability to take up full-time jobs, according to an ADB report. In response, men are being urged to play a role caring for their kids and for the government to provide ...

Minister of Economy and Finance Aun Pornmoniroth has announced that the Asian Development Bank (ADB) has committed to investing in projects related to climate change and private sector development. Those projects will focus on strengthening the financial sector over the next five years, in order ...

The Royal Government of Cambodia (RGC) yesterday entered into an agreement with the Asian Development Bank (ADB) to borrow $140 million on concessional terms to implement two programs that are consistent with Pentagonal Strategy-Phase I, said the press releases issued by both parties. ...

The Asian Development Bank (ADB) has lowered its economic growth forecast for Cambodia to 5.3 percent, down from the earlier prediction of 5.5 percent. The main reason for this revision is the slower-than-expected growth in the industrial sector. This information was included in the ADB’s ...

A multitude of international financial institutions and central banks have congratulated and expressed confidence over Chea Serey’s appointment as governor of the National Bank of Cambodia (NBC), acknowledging her expertise and qualification to develop the Kingdom’s banking sector. ...

From 2017 to the present, 190 municipal and district administrations across the country have implemented sub-national administrative investment funds (SNIF). This is according to Dr. Keo Bengvath, the Royal Government delegate in charge of the Director General of the General Department of Finance and Sub-National ...

FacebookTwitterEmailShareThe ADB has approved a $100 million loan to enhance Cambodia’s labour force by addressing skills gaps through reforms in TVET. ...

The Ministry of Education, Youth and Sport (MoEYS) will promote the development of education in science and technology and focus on science, technology, engineering, and mathematics (STEM) skills in secondary schools. ...

The Asian Development Bank (ADB) has approved a $40 million loan to boost access to clean water, sanitation and education at grassroots level through reforms in public finance and decentralisation. ...

Developing economies in Asia and the Pacific this year are projected to see better performances than in 2022 as the continued easing of pandemic restrictions boosts consumption, tourism and investment, the Asian Development Bank (ADB) has said, highlighting “China’s reopening is the main factor brightening ...

Cambodia’s energy market is experiencing rapid growth and transformation, driven by the country’s increasing demand for electricity and its ambitious plans to diversify its energy mix. As the Southeast Asian nation continues to develop its infrastructure and economy, the need for reliable and sustainable energy ...