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

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

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

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

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

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

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

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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