Asian Development Bank (ADB)

ADB Forecasts 5.3% Growth for Cambodia This Year, 6.5% Next Year

Prathna Wednesday 6 April 2022 4223

The Asian Development Bank (ADB) forecast Wednesday that the Cambodian economy would expand by 5.3 percent this year, with growth accelerating to 6.5 percent next year. “Growth in the economies

ADB to develop cross border blockchain transactions in ASEAN+3

Thong Sotha Thursday 3 February 2022 2086

Further exploration into the potential of blockchain technology is being carried out now by the Asian Development Bank (ADB) in an ambitious project involving central banks and Central Securities Depositories

ADB to develop prototype for Cross-Border Securities Transaction System using blockchain

Thong Sotha Thursday 27 January 2022 1007

The Asian Development Bank (ADB) has launched a project to make cross-border securities transactions in Asia and the Pacific more efficient and secure through the use of blockchain technology. According

Bakong blockchain developer working with ADB on ASEAN+3 project

Thong Sotha Thursday 27 January 2022 1591

The Asian Development Bank (ADB) has brought in the developer of the National Bank of Cambodia’s blockchain technology as part of a project to improve the efficiency and security of

ADB Signs $332M Deal with Cambodia to Boost Sustainable Economic Recovery

Prathna Thursday 9 December 2021 1301

The Asian Development Bank has signed a $332.05 million financing package with the Ministry of Economy and Finance to help Cambodia recover from the impact of the Coronavirus pandemic. The

ADB Supports Cambodia’s Financial Sector Development with US$40 Million Loan

Prathna Monday 18 October 2021 1240

The Asian Development Bank (ADB) has approved a US$40 million policy-based loan to support the Government of Cambodia’s efforts to expand access to credit among micro, small, and medium-sized enterprises

Cambodia’s economy forecasted to grow by 5.5 percent in 2022 despite gloom this year

Thong Sotha Thursday 23 September 2021 1047

Cambodia’s economy is forecast to experience a rebound of 5.5 percent in 2022 despite a modest reduced 1.9 percent growth is forecasted this year amid the prolonged coronavirus pandemic, according

ADB more than halves Kingdom’s economic growth expectations

Thong Sotha Thursday 23 September 2021 1427

The Asian Development Bank (ADB) has slashed its forecast for Cambodian gross domestic product growth (GDP) this year to 1.9 percent. That compares with its April forecast of 4 percent

Central Bank Sets Up Economic Finance Database with ADB

Prathna Monday 26 July 2021 964

Cambodia’s central bank is teaming-up with the Asian Development Bank (ADB) on an online database to monitor the financial state of the Kingdom. The National Bank of Cambodia (NBC) and

Cambodia To Benefit From ADB’s Climate Resilience In Health Sector Project

Thong Sotha Monday 19 July 2021 1033

A six-year, pioneering regional technical assistance initiative has boosted the capacity of health systems in Cambodia, the Lao People’s Democratic Republic (Lao PDR), and Viet Nam to respond to climate-induced