The World Bank yesterday advised Cambodian policymakers to allow more time for the country to become an upper-middle income economy, asking the government to aim for 2035, instead of 2030, to graduate from the current income status.
Since the Sulawesi quake and tsunami, Asean member states have agreed to increase financial contributions to humanitarian assistance and disaster relief operations (HADR).
Asean is planning to establish its Centre for Sustainable Development Studies and Dialogue. Whether the Centre will provide Asean leadership in sustainable development cooperation depends on the entity’s design.
The World Bank has revised the country’s economic growth upward.
A World Bank report this year says economic growth in Cambodia remains strong. It is even projected to slightly accelerate to 6.9 percent, a notch higher compared to last year’s 6.8 percent.
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The World Bank may approve a $50 million loan for development projects in Siem Reap.
Bangladeshi signs a $510 million financing agreement with the World Bank.
Cambodia’s global logistics performance ranking dropped 25 spots to 98th this year.
Using the conventional poverty rate as an indicator to measure Cambodia’s economic success will soon be obsolete, argues Sim Vireak.
The Rural Development Bank (RDB) says it discussed with the World Bank the implementation of a $100-million, country-wide agricultural diversification programme.
Vietnam and Cambodia have agreed to enhance their economic cooperation and intend to raise bilateral trade to $5 billion in the coming years.
UN Secretary-General with World Bank President to aid one million Rohingya refugees.
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World Bank is to lend Cambodia $110 million interest-free to restore a national highway.
Property developer Hongkong Land yesterday officially launched its flagship development in the Kingdom, Exchange Square, a mixed-use building in the heart of Phnom Penh.
African startups are gaining momentum in some of the world’s promising economies.
The Kingdom of Cambodia is considered as one of the fastest-growing economies in the Asean region.
To continue the rapid economic expansion, the Kingdom needs structural reforms.
Amret Microfinance Institution will receive $40 million in loans from IFC.
The World Bank to provide $90 million in financing to help improve higher education.
The economy will grow at a rate of 6.9 percent in 2018, according to the latest report from the World Bank.
In the last 24 years, Cambodia has made debt service payments of about $1.14 billion to development partners.
Access to grid electricity has expanded to 71.5 percent of households.
One third or more of second graders in Cambodia are unable to read.
The World Bank says that Cambodia is vulnerable to rising sea levels.
The United Nations has a long history of promoting peace and advancing human development in Cambodia.
Transport Ministry asks World Bank a $110 million to upgrade National Road 4.
Central banks of Cambodia and Laos restated their commitment for cooperation.
New World Bank report encourages to challenge Urbanisation threats.