“The report brought together key stakeholders from the government, the private sector, and development partners to explore options to enhance Cambodia's transport sector and regional connectivity,” said Tania Meyer, World Bank Country Manager for Cambodia. “A comprehensive approach to transport networ...
PHNOM PENH, March 11 (Xinhua) -- The World Bank has approved 113 million U.S. dollars in new financing to Cambodia in order to improve access to quality health care, said its press statement on Friday. The new funding included a 55 million dollar credit from the bank and a grant of 5...
PHNOM PENH, April 27 (Xinhua) -- The World Bank has approved 90 million U.S. dollars in financing to support Cambodia's efforts in improving the quality of higher education and research in the country and broadening access to higher education for disadvantaged students, according to its stateme...
World Bank Adds Cambodia to List of SNC-Lavalin Problem CountriesSNC-Lavalin accused of misconduct in Cambodia--MONTREAL - The World Bank has added Cambodia to...Marowits, Ross
May 10 (Xinhua) -- Economic growth in Cambodia remains robust and is projected to accelerate slightly to 6.9 percent in 2018, compared with 6.8 percent in 2017, buoyed by a rebound in textile and apparel exports as well as tourism and agriculture, says a new World Bank report on Thursday....
Cambodia had attracted a total of 48.4 billion U.S. dollars in foreign direct investment (FDI) from 2018 to 2023, the National Bank of Cambodia (NBC) said in a news release on Wednesday. "The main sources of FDI were from China (45.6 percent to the total FDI), followed by South Korea...
With the easing of social distancing measures, domestic economic activity is gradually returning to normal, the statement said, citing the bank's latest economic update for Cambodia. "Consumption is being partly underpinned by unprecedented government intervention, while inflation remained subdued," the ...
Cambodia had attracted a total of 48.4 billion U.S. dollars in foreign direct investment (FDI) from 2018 to 2023, the National Bank of Cambodia (NBC) said in a news release on Wednesday. "The main sources of FDI were from China (45.6 percent to the total FDI), followed by South Korea...
Meanwhile,Halyk Bank Kyrgyzstan, a universal bank, provides financial services to large corporations, SMEs and retail customers. Since opening its doors, it has built up correspondent relationships with large banks in Germany, Russia, South Korea and Kazakhstan and serves the population via 19 branche...
Growth in developing East Asia and Pacific is outpacing the rest of the world, but the region will likely see slower growth in 2024, the World Bank says.