Tag Archives: World Bank

Prey Lang Activists Petition Internationals for Help

Activists working to protect the massive Prey Lang forest in northeastern Cambodia have delivered a petition to embassies, the World Bank and the Asian Development Bank on Friday, urging the international community to help them. Continue reading

Evictions, NGO Law High Among Donor Concerns

Cambodia’s donors on Wednesday raised a chorus of concern for forced evictions and a controversial law to regulate NGOs, as they met with government partners to discuss upcoming aid packages. The groups met in Phnom Penh to discuss development plans, foreign aid pledges and Cambodia’s development needs for 2012. Continue reading

Inspection Faults World Bank Program in Lake Evictions

A World Bank interior investigation has found that the organization’s Cambodia office failed to protect the land ownership of residents of Phnom Penh’s Boeung Kak lake area ahead of thousands of evictions. World Bank executives in Washington will now decide what actions to take after an inspection panel found that a $24-million land titling project did not follow Bank policies and failed to provide land ownership to the lake residents ahead of a massive development deal. The Cambodia Land Management Administration Project was meant to provide titling to many of the country’s landless, following chaotic post-war land administration Continue reading

Cambodian economic growth rate down in 2009

While the global economic crisis continues to collapse, the International Monetary Fund (IMF) projected that the Cambodian economic growth rate will be likely to fall below 4.8 percent in 2009 but Cambodian government officials have rebuffed a gloomy economic forecast. Growth in external trade is expected to slow in 2009 because of a slowdown in … Continue reading