Aid and development

In addition to several projects and agreements approved in the Cabinet meeting yesterday, the government has agreed to accept a 5 million dollar U.S. grant from the World Bank to reduce emissions of hydrofluorocarbon gas (HFC), which is one of the greenhouse gases affecting the ...

“I’m used to hearing the sound of laughter every morning as my customers come to buy fish,” says 37-year-old Huon Tim. “But it’s very quiet these days in the village.” For Huon, who runs a small fish and produce stall at the local market in Kampong Por, ...

The Asian Development Bank (ADB) on July 8 approved a $250 million loan to help the Cambodian government rebuild the country’s economy that has been severely affected by the Coronavirus Disease 2019 (COVID-19) pandemic. According to the ADB’s press release, this loan will go toward strengthening ...

Vietnam and four other countries in the Mekong region will receive Japanese aid worth $115.3 million to combat Covid-19 and work for sustainable development. Japan announced the decision at the 13th Mekong-Japan Foreign Ministers’ Meeting held online on Thursday and co-chaired by Vietnamese Deputy Prime Minister ...

Thailand’s economy is expected to be impacted severely by the COVID-19 pandemic, shrinking by at least 5 percent in 2020 and taking more than two years to return to pre-COVID-19 GDP output levels, according to the World Bank’s latest Thailand Economic Monitor, released today. The COVID-19 pandemic ...

On June 30, the World Bank’s (WB) board of executive directors approved the financing of two projects —to help build a climate-resilient city in the Mekong Delta and improve the quality of Vietnam’s three national universities—at US$422 million. The Vietnam University Development Project, financed through credit ...

The World Bank’s Board of Executive Directors today approved a $200 million credit from the International Development Association (IDA) to increase agricultural productivity and diversification and enhance market access for Myanmar farmers, with a strong focus on inclusion for smallholder farmers, women and other vulnerable ...

Researchers at the University of Copenhagen released an open letter Thursday reporting a 73 percent increase in deforestation in 2019 at the Prey Lang Wildlife Sanctuary, compared to 2018, while criticizing the government’s ban on certain patrolling operations. The University of Copenhagen’s open letter used data ...

The US government has provided a total of $56 million to support Cambodia’s social and economy development programme in 2020, including $18 million to promote the Kingdom’s agriculture sector, according to a joint statement. The Cambodian  government, through the Council for the Development of Cambodia (CDC) ...

Foreign Affairs Minister Prak Sokhonn and Wang Wentian, Chinese Ambassador to Cambodia are scheduled to sign the 7.2-million agreement on the cooperation projects of the Mekong-Lancang Cooperation Special Fund at the ministry today, according to the Foreign Affairs Ministry statement. The statement said that under the ...