The World Bank’s East Asia Economic Half-Yearly Update, which looks at regional economic growth including the Cambodian economy, was released early in November 2009. The World Bank Cambodia Newsletter had the opportunity to interview World Bank Senior Country Economist Stephane Guimbert on Cambodia’s economic outlook. Please could you tell me, what is the outlook for [...]
Sitting on a broken water drain, surrounded by a large field of rice paddy destroyed by Typhoon Ketsana last month, farmer Keo Oeun takes a deep breath when asked how the cyclone had affected him. “A whole hectare of my rice paddy was completely ruined,” he says, pointing to his damaged paddy field. “I am [...]
BY CHHIM SOPHEARK CF network representatives from Kampong Chhnang, Pursat, Oddor Meanchey, Kratie Stung Treng and Kampong Thom discussed problems in approval of community forestry in a CF Network meeting in Pursat on July 30-31, 2009.
Phnom Penh June 12, 2007 – Although the gap between rich and poor in Cambodia has widened since 1994, this occurred mainly before 1997, with little change from then till 2004, according to a new World Bank report. And if Cambodia can maintain high rates of growth while containing the rise in inequality, the report [...]
A fish-rearing project is successfully promoting livelihoods of the very poor in Kampong Klaing commune. Located adjacent to Tonle Sap lake in Sotr Nikum district about 46 km away northeast from Siem Reap provincial town, the commune has a population of 1,861 families, 42% are poor and the very poorest. More than 80% of the [...]
In order to meet the world’s good quality of milled rice and sell it for higher prices exporting from Cambodia to overseas, the Cambodian Rice Millers Association (CRMA) plans to purchase a machine worth more than US$ 100,000 from South Korea, which enables farmers to sort rice by grade in Battambang province, the Phnom Penh [...]
More than 150 high level participants from major ministries, universities, donor agencies, civil society and media attended a national forum about the importance of integrating trade and agriculture in Cambodia. The forum, entitled ‘Cambodia’s Agrarian Structure in the Context of Trade Integration’, was held in Phnom Penh at the end of June, and discussed international [...]
Asia is a puzzle. China, India and several other countries are enjoying rapid economic growth. Yet some 600 million Asians – more than the entire population of Latin America – live on less than a dollar a day. But this puzzle is also an opportunity: if China and India can sustain their 8-10 percent annual [...]
Cambodia’s robust economic performance continued in 2006 with real GDP growth projected at about 10.5 percent, marking a third consecutive year of double-digit growth. A decade after the financial crisis which devastated East Asia in mid-1997, the region is much wealthier, has fewer poor people and a larger global role than ever before, says the [...]