On one side of Kampong Thom province, the government ended a community forest program for a World Bank project village. On the other side, farmers had land taken away to make way for an earlier version of the project.
The Cambodian economy has recovered to pre-pandemic levels in several areas, but instability around the world threatens its outlook, a World Bank report said today.
In a report this week, the World Bank said some 460,000 Cambodians had fallen back into poverty due to Covid-19. For a Phnom Penh family of four, that meant spending as little as $1.25 total on food per day.
New reports detail online violence, particularly targeting female journalists, globally, as well as increasing poverty in Cambodia due to the Covid-19 pandemic and economic slowdown.
Repairs and upgrades are finally coming to National Road 4, including for a damaged stretch in Kampong Speu that has seen taxi drivers using detours to avoid potholes.
The watchdog group within World Bank sister organization International Finance Corporation (IFC) will assess a wide swath of the Cambodian microfinance sector after accepting a complaint alleging these lenders’ practices have caused social harms, civil society groups announced today.
The Cambodian economy could grow by 5.3% this year, said ADB economists on Wednesday, pointing to a manufacturing rebound as helping to drive renewed growth.
The U.N. raised concern about the upcoming national internet gateway, while the World Bank urged Cambodia to shift economic policies to diversify and become more productive.
A dispute with two Chinese-owned telecommunications companies — delicensed by the government last year — is headed to an international arbitration body, government documents show.
The Land Management Ministry has announced it will aim to distribute 30,000 hectares to the country’s poor in the third phase of a World Bank-funded project, which previously came amid controversy over the bank suspending loans to Cambodia over forced evictions.
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