Second restoration phase of ancient hall at Reach Bo Pagoda kicks off
The Reach Bo pagoda’s ancient hall has received the second restoration phase under technical assistance and financial support from the APSARA National Authority. ...
Khmer Times Staff
ADB’s assistance to Cambodia nears 2.9 bln
The Asian Development Bank (ADB) has committed over $2.8 billion in lending, grants, and technical assistance to Cambodia since 1966, making it the country’s largest multilateral development partner. The development bank issued a report yesterday that puts its total contribution to Cambodia at $2.86 billion over ...
Gov’t studies new tree species
The Ministry of Environment signed a memorandum of understanding (MoU) yesterday with two Chinese companies to study planting “Paulownia-Guotong” – an extremely fast-growing tree used to make furniture and wooden equipment – and practice growing it in Cambodia. Speaking at a workshop on a feasibility ...
Congressional Hearing in US Pushes Cut to Cambodian Aid
At a congressional hearing in Washington on Tuesday that scathingly rebuked Prime Minister Hun Sen and his ruling CPP, a U.S. lawmaker called for legislation to cut American aid to Cambodia following the national election on July 28. Representative Steve Chabot, who chaired the House Subcommittee ...
Families Left Worse off After Railway Project
Phnom Penh families being pushed to the city’s outskirts to make way for a $142.6 million railway renovation project funded by Australia and the Asian Development Bank (ADB) are falling into debt and finding it harder to earn money and access healthcare according to a ...
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 ...
The Asian Development Bank marks 20 years in Cambodia
The Asian Development Bank (ADB) is marking 20 years of operations in Cambodia with the release of a book today celebrating its achievements in the Kingdom. The 67-member ADB says that over 20 years it has given Cambodia $1.8 billion in loans, grants and technical assistance. ...