News
CPBANK, ADB partner on small business loan project
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. ...
May Kunmakara
https://www.phnompenhpost.com/business/cpbank-adb-partner-small-business-loan-project
Ground breaks on Battambang water plant
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 ...
Yuth Vireak
https://www.phnompenhpost.com/national/ground-breaks-battambang-water-plant
ADB-backed Nat’l Solar Park adds 60MW to grid
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). ...
Hin Pisei
https://www.phnompenhpost.com/business/adb-backed-natl-solar-park-adds-60mw-grid
ADB pledges $100b to tackle regional climate change
During the 40th and 41st ASEAN Summits, ADB promised to pump $100 billion into combating climate change and promote green development across the region. ...
Seng Mengheng
https://kiripost.com/stories/adb-pledges-100b-to-tackle-regional-climate-change
ADB and EDC Sign Mandate to Further Cambodia’s Renewable Energy Goals
ADB to support development of 2GW of solar power and study opportunities for increased solar power battery capacity. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/adb-and-edc-sign-mandate-to-further-cambodias-renewable-energy-goals
Skills for future economy project to be okayed by 2023: ADB
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. ...
Sok Sithika
https://www.khmertimeskh.com/501156974/skills-for-future-economy-project-to-be-okayed-by-2023-adb/
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/
$37M 60MW Kampong Chhnang solar farm to break ground soon: official
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. ...
Thou Vireak
https://www.phnompenhpost.com/business/37m-60mw-kampong-chhnang-solar-farm-break-ground-soon-official
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
