News
$110 million from World Bank to improve National Road Number four to Sihanoukville
The Ministry of Public Works and Transport has begun construction and improvement of National Road 4 (NR4) under a $110 million in financing from the World Bank, aiming to meet the current traffic growth. ...
Khmer Times Staff
https://www.khmertimeskh.com/1033275/110-million-from-world-bank-to-improve-national-road-number-four-to-sihanoukville/
World Bank forecasts Cambodia’s economic growth to reach 4.5 percent in 2022 and 5.5 percent in 2023.
A World Bank released on January 12, 2022, said that Cambodia’s economic growth this year is expected to reach 4.5 percent this year and is projected to grow further to 5.5 percent in 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501006196/world-bank-forecasts-cambodias-economic-growth-to-reach-4-5-percent-in-2022-and-5-5-percent-in-2023/
World Bank lowers GDP growth forecast
The World Bank has revised its economic forecast for Cambodia down to 2.2 per cent this year, from a higher expectation of four per cent in April amid a rapid rise in new daily coronavirus infections and deaths, spurred by the more transmissible Delta variant. ...
May Kunmakara
https://www.phnompenhpost.com/business/world-bank-lowers-gdp-growth-forecast
World Bank pledges to support Cambodia’s sustainable agricultural development
The World Bank (WB) has pledged to continue promoting sustainable development of agriculture in Cambodia amid the threat of COVID-19. ...
Khmer Times Staff
https://www.khmertimeskh.com/50936585/world-bank-pledges-to-support-cambodias-sustainable-agricultural-development/
Cambodia seeking World Bank support for agriculture
The Ministry of Agriculture, Forestry and Fisheries has sought support from the World Bank on developing the agriculture sector, mainly for vegetable production and aquaculture. ...
Chea Vanyuth
https://www.khmertimeskh.com/50936038/cambodia-seeking-world-bank-support-for-agriculture/
World Bank funds $63 million for solid waste and plastics management
Talks are underway between the Environment Ministry and the World Bank on a six-year project to improve the management of solid waste and plastics in the Kingdom. ...
SERC joins forces with World Bank, ADB on financial sector
The Securities and Exchange Regulator of Cambodia (SERC) is joining forces with international multilateral development banks to scale up sustainable finance in the Kingdom’s securities market, and to coordinate training and capacity building initiatives, according to SERC director-general Sou Socheat. ...
Hin Pisei
https://www.phnompenhpost.com/business/serc-joins-forces-world-bank-adb-financial-sector
Cambodia sets 2021 growth forecast at 2.5%
Cambodia drastically downgraded its economic forecast for 2021 to 2.5 per cent from the 4.1 per cent projection announced at the beginning of the year, due to the deteriorating Covid-19 situation. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-sets-2021-growth-forecast-25
World Bank financial aid for Kingdom, Malpass says
Cambodia is among the East Asian and Pacific (EAP) countries set to receive financial support from the World Bank to underpin a resilient post-Covid-19 economic recovery, fuelled by solid vaccination progress, the Washington-based development lender’s president told The Post. ...
May Kunmakara
https://phnompenhpost.com/business/world-bank-financial-aid-kingdom-malpass-says
World Bank revises 2013 growth figures
The World Bank has revised its growth prediction for Cambodia upwards to 7 per cent for 2013, from its January prediction of 6.7 per cent, a revision it attributes to the performance of the Kingdom’s agriculture, tourism and garment sectors. Cambodia’s outlook is generally positive, according ...
http://www.phnompenhpost.com/2013042965287/Business/world-bank-revises-2013-growth-figures.html
Land Is Life, and It’s Slipping Away
Nean Narin, a humble man and father of three children, says his family is going hungry. Narin lives in the village of Boeung Kak, situated on the edge of Cambodia’s capital, Phnom Penh. For years, he and other villagers relied on the Boeung Kak Lake ...
Thailand promoted as Asean insurance hub
The World Bank and Japan will promote Thailand as the insurance centre of the Association of Southeast Asian Nations (Asean) to help develop the industry in neighbouring countries and provide professional services to the more advanced economies. The move is also expected to upgrade the insurance ...
http://www.nationmultimedia.com/business/Kingdom-promoted-as-ASEAN-insurance-hub-30194268.html
Phnom Penh villas declining
For many years, Phnom Penh’s villas have represented the most attractive and obvious options for both commercial and residential use in the city, but experts say the number of villas available is on the decline. The stock of villas is decreasing, due to the demolition and ...
http://www.phnompenhpost.com/index.php/Real-Estate/phnom-penh-villas-declining.html
RPT-World Bank cuts East Asia GDP outlook, flags China risks
The World Bank cut its economic growth forecasts for the East Asia and Pacific region on Monday and said there was a risk the slowdown in China could get worse and last longer than expected “Economic projections for EAP (East Asia and Pacific) are surrounded by ...
http://www.reuters.com/article/2012/10/08/worldbank-asia-outlook-idUSL3E8L81IN20121008
World Bank urges government to accelerate reforms
The World Bank urged the Cambodian government Wednesday to accelerate reforms while taking a participatory approach to its National Strategic Development Plan. Speaking at a meeting of the Development Partner Coordination Committee, World Bank Country Director Annette Dixon congratulated the government on its current development plan ...
World Bank Raises GDP Outlook for 2012
The World Bank yesterday raised Cambodia’s gross domestic product outlook for 2012 by 0.1 percent to 6.6 percent, saying that last year’s flooding and the global economic slowdown did not affect Cambodia’s economy as much as first expected. According to the World Bank’s East Asia and ...