News
UN reports decreased poverty in Cambodia, while school dropout rates persist
The number of poor people in Cambodia has halved since 2014, from 5.6 million to 2.8 million in 2022, according to a UN report. ...
Seoung Nimol and Runn Sreydeth
https://cambojanews.com/un-reports-decreased-poverty-in-cambodia-while-school-dropout-rates-persist/
PM praises SMEs’ role in boosting economic growth
Prime Minister Hun Sen said yesterday that the small and medium enterprises (SME) have played an important role in boosting economic growth in Cambodia, generating jobs for people, and contributing to poverty reduction. ...
Chea Vanyuth
https://www.khmertimeskh.com/501271230/pm-praises-smes-role-in-boosting-economic-growth/
Senior Cambodian officials says China key contributor to Cambodia’s development
China is a key contributor to Cambodia’s socioeconomic development and poverty reduction, Cambodian Economy and Finance Ministry’s Standing Secretary of State Vongsey Vissoth said here on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501226598/senior-cambodian-officials-says-china-key-contributor-to-cambodias-development/
Cambodian PM Hun Sen says China’s aid greatly boosts Cambodia’s socio-economic development
Cambodian Prime Minister Hun Sen said here on Monday that China’s aid has greatly contributed to the socioeconomic development and poverty reduction in the Southeast Asian country. ...
Khmer Times Staff
https://www.khmertimeskh.com/501209381/cambodian-pm-hun-sen-says-chinas-aid-greatly-boosts-cambodias-socio-economic-development/
Solid ties with China bring great benefits to Cambodia
The solid relationship with China has provided great benefits to Cambodia’s socio-economic development and poverty reduction, a Cambodian academic said on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501128682/solid-ties-with-china-bring-great-benefits-to-cambodia/
Cambodia highlights need for collective efforts to maintain poverty reduction outcomes in region
Cambodian Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Prak Sokhonn has stressed the importance of ensuring sustainable economic recovery and growth for the region, including through the materialization of the ASEAN Travel Corridor Arrangement Framework and operationalisation of the ASEAN Centre ...
Khmer Times Staff
https://www.khmertimeskh.com/50907974/cambodia-highlights-need-for-collective-efforts-to-maintain-poverty-reduction-outcomes-in-region/
New trading scheme may help the Kingdom’s exporters, Britain says
Cambodians are being encouraged to take part in the UK government’s public consultation on new trading rules that it says will help countries fight poverty. ...
Michael Firn
https://www.khmertimeskh.com/50897552/new-trading-scheme-may-help-the-kingdoms-exporters-britain-says/
Cambodia has reduced poverty in 25 years
Cambodia is one of the leading countries in reducing poverty in the last 25 years, said Minister of Rural Development Ouk Rabun at an international forum yesterday. ...
Sar Socheath
https://www.khmertimeskh.com/50793629/cambodia-has-reduced-poverty-in-25-years/
China eyes poverty reduction
China, which lifted a large number of its almost 1.5 billion citizens from economic hardship over the decades, has pledged to assist Cambodia to alleviate poverty among its people. The assurance was conveyed by Huang Xilian, the Chinese Ambassador to Asean during the two Asean-China-UNDP ...
Niem Chheng
https://www.phnompenhpost.com/national/china-eyes-poverty-reduction
Initiative Encourages Private Rural Investment
Representatives from more than 90 Cambodian businesses gathered yesterday at the Council of Ministers building in Phnom Penh to hear about a new initiative that aims to encourage private sector investment in agriculture. The $55.6 million project is an extension of the Asian Development Bank’s (ADB) ...
http://www.cambodiadaily.com/business/initiative-encourages-private-rural-investment-37899/
Cambodia to receive 4.5 million tourists by 2015
Cambodia expects to welcome 4.5 million tourists by 2015, increasing from 3.5 million in 2012, thanks to its cultural properties, Prime Minister Hun Sen said. “Undoubtedly, heritage and cultural tourism are playing a substantial part in this growth. Twenty years ago, when Angkor was inscribed on ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MDI0MmQ3MGJlNmR
Cambodian, Swiss senior senators pledge to boost bilateral ties
Cambodian and Swiss senior senators on Monday pledged to help promote bilateral cooperation, particularly in legal field, economics and trade for mutual benefits. The pledge was made during a meeting between First Vice President of the Senate of Cambodia Say Chhum and visiting President of the ...
http://news.xinhuanet.com/english/world/2013-05/27/c_132411625.htm
As Foreign Aid Increases, Questions About Conditions
Cambodia has seen huge growth of foreign aid and loans over the past two decades, but experts are beginning to question its worth—and what conditions might be attached. Total aid from 1993 to 2012 amounts to around $10 billion, with the percentage of aid coming as ...
http://www.voacambodia.com/content/as-foreign-aid-increases-questions-about-conditions/1664821.html
Cambodia launches cassava development project under China, UNDP support
Cambodia launched Tuesday the second phase of cassava development project under the support of China and the United Nations Development Program (UNDP). Cambodia and China signed a Protocol on the Exports of Cambodian Cassava to Chinese Market in December 2010, under which China allowed Cambodia ...
http://news.xinhuanet.com/english/china/2013-05/21/c_132397799.htm
Agriculture Contributes To Helping Cambodia’s Economic Growth: PM Hun Sen
“The agriculture sector today is still playing significant role in promoting local production growth, job creation, and contributing to the poverty reduction of the people. At the same time, the agriculture sector will continue the basic role for economic growth and socio-economic development in Cambodia in ...
Cambodia's micro-lenders record 24 pct lending growth in Q1
Cambodia’s 35 microfinance institutions had lent 1 billion U.S. dollars to customers by the end of March this year, up 24 percent from 808 million U.S. dollars it lent at the end of last year, the data of Cambodia Microfinance Association (CMA) showed Wednesday. On the ...
http://www.asean-china-center.org/english/2013-05/03/c_132357476.htm
Hun Sen Shares Vision of Rubber Plantation Boom
Reporting that the country had achieved better than expected economic growth last year, Prime Minister Hun Sen yesterday targeted a rapid expansion of the country’s rubber industry and predicted that almost 1 in 10 Cambodians would soon be working in rubber. “Agriculture continues to play ...
http://www.cambodiadaily.com/news/hun-sen-shares-vision-of-rubber-plantation-boom-11253/
Japan Marks 60 Years of Relations With Cambodia
This year marks the 60th anniversary since the start of diplomatic relations between Cambodia and Japan – the country’s largest bilateral donor – and to celebrate, the Japanese Embassy is planning an array of cultural events. Speaking at a ceremony to mark the anniversary, Japanese Ambassador ...
Cambodia inaugurates China-funded 121-km road in northeast
Cambodia on Thursday inaugurated a China-funded national road No. 78 in the country’s northeastern provinces, which is expected to contribute to developing economy and poverty reduction. The 121-kilometer road, extending from Ratanakiri province to Stung Treng province, was built by China’s Shanghai Construction ( Group) General ...
http://news.xinhuanet.com/english/china/2012-12/06/c_132023652.htm
Benefits from ‘black gold’- Revenue from Cambodian oil fields could provide a big boost to development, if it’s done right
If Cambodia’s oil and gas sector is well managed, and transparent, it could provide the country a golden opportunity for investment, development and poverty reduction, said independent economist Chan Sophal, who spoke at a recent gathering looking at the economies of oil-producing countries. Chan Sophal said ...
Cambodian PM: Poverty reduction target may hit 2 years earlier
Cambodia is expected to achieve the Millennium Development Goal (MDG) in poverty reduction two years earlier than the UN-imposed target, Prime Minister Hun Sen said Friday. According to the UN MDG, Cambodia is set the target to reduce poverty rate to 19.4 percent by 2015, meaning ...
http://news.xinhuanet.com/english/world/2012-09/21/c_131865877.htm
Cambodia plans to ask finance from China to build 300 to 500 km rural roads annually
Samdech Prime Minister Hun Sen said this week that he will talk with Chinese leaders especially his Chinese counterpart PM Wen Jiaboa about finance to build 300-500 km rural roads in the country in contribution of helping poverty reduction and living conditions of the local ...
Varying Degrees of Progress Shown in Development Report
The government has made “remarkable development progress” in successfully guiding the country through the global financial crash of 2008, ensuring economic stability and enabling the government to meet the Cambodian Millennium Development Goal on poverty reduction, Prime Minister Hun Sen said yesterday. Speaking at the launch ...
Forum On Women's Entrepreneurship Promotion
Her Excellency Dr Ing Kantha Phavi, minister of women’s affairs said: “Economic empowerment of women is a key strategy to promote gender equality and poverty alleviation and it is clearly articulated in specific targets under CMDG3 as one important goal among nine goals to be achieved by 2015.” Her announcement was made during the forum on ...