World Bank approves US$93 million loan for Cambodia; govt announces nine more imported virus cases

  • 📰 staronline
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 75%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

PHNOM PENH, June 27 (Xinhua): The World Bank has approved a US$93 million credit for the Cambodia Land Allocation for Social and Economic Development Project III (LASED III), said its press statement on Saturday.

The project will help improve land tenure security and access to infrastructure and agricultural and social services for landless and poor smallholders and indigenous communities in Cambodia, the statement said.

The project will cover 71 sites and communities in all provinces in Cambodia except capital Phnom Penh, the statement said. Through the World Bank's LASED and LASED II projects begun since 2008, Cambodia has allocated 17,000 hectares of residential and agriculture farmland to more than 5,000 landless and land-poor families, and 3,360 families have already received land titles, the statement said. In another development, Cambodia on Saturday confirmed nine new imported Covid-19 cases, raising the total number of infections to 139, according to a Health Ministry's press statement.

Source: Loan Digest (loandigest.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bank Rakyat members file for judicial review, want bank independent of gov’tThree former top execs want court scrutiny over ex-minister and board's move to reject their bid to remove bank from gov’t control.
Source: malaysiakini - 🏆 20. / 51 Read more »

World Bank urges pension for all low-income folk | The Malaysian InsightCoronavirus crisis presents golden opportunity to insulate pain for citizens above 65 with little retirement savings.
Source: msianinsight - 🏆 8. / 63 Read more »

Small businesses, the poor need more aid, World Bank says | The Malaysian InsightRM295 billion allocated in 4 stimulus packages this year insufficient to sustain economic recovery.
Source: msianinsight - 🏆 8. / 63 Read more »

Golongan berpendapatan rendah, IKS perlu lebih banyak bantuan, kata Bank Dunia | The Malaysian InsightRM295 bilion yang diperuntukkan oleh kerajaan dalam empat pakej rangsangan tahun ini masih tidak mencukupi.
Source: msianinsight - 🏆 8. / 63 Read more »

Bank Dunia unjur ekonomi Malaysia mengecut 3.1% tahun iniLaporan Malaysia Economic Monitor Bank Dunia menjangka pertumbuhan akan pulih kepada kadar 6.9% pada 2021 apabila kesan wabak Covid-19 berkurang. FMTNews Malaysia Covid19
Source: fmtoday - 🏆 5. / 72 Read more »

Alliance Bank net profit slips 21.1pc, revenue at RM1.69b | Malay MailKUALA LUMPUR, June 25 — Alliance Bank Malaysia Bhd’s net profit for the full year ended March 31, 2020 declined 21.1 per cent to RM424.26 million from the same period last year due to credit losses stemming from the impairment of a few large accounts during the first quarter of this year. In a...
Source: malaymail - 🏆 1. / 86 Read more »