Cambodia Condemns Thai Military Attack on Preah Vihear Temple | Cambodia Confirms Troops Still Holding Mount Trop as Thailand Cannot Raise Flag on Sovereign Territory | Cambodia and Thailand Clashes Enter Third Day as Casualties Rise to 33 | UN Security Council Urges Restraint as Thailand-Cambodia Clashes Intensify | Cambodia Condemns Thai Aggression at UN, Calls for Ceasefire and International Intervention | Techo Hun Sen Advises Military Strategy Amidst Border Clashes with Thailand | 45 Staff Rescued After Being Trapped at Preah Vihear Temple Amidst Clashes | BREAKING: Cambodia Denies Firing Projectiles into Laos, Accuses Thailand of Disinformation | Cambodia's Tourism Ministry Seeks Aid for Troops, Refugees; Reaffirms Commitment to Peace | BREAKING: Laos Denies Border Clash with Cambodia; Cambodia Rejects Thai Accusations of Shelling Laos | BREAKING NEWS: Andrew MacGregor Marshall Claims Queen Mother Sirikit Has Died, Alleging Concealment by Thai Authorities | TOP NEWS: Trump Claims Diplomatic Role in Cambodia-Thailand Border Conflict, Calls for Ceasefire | TOP NEWS: Cambodian Prime Minister Confirms President Donald Trump Ceasefire Agreement with Thailand | Thai Military of Escalating Attacks, Despite Cambodia Ceasefire Efforts | BREAKING NEWS: Cambodia and Thailand Agree to Malaysian Mediation Amid Escalating Border Clashes | Ministry of Education Announces Postponement of 2025 Baccalaureate Examination | Cambodian Community in Korea Holds Mass Protest Against Thailand’s Invasion | Techo Hun Sen: “In Times of National Crisis, We Have No Right to Rest or Fall Ill” | UN Secretary-General and Cambodian Officials Call for Immediate Ceasefire Amid Border Clashes | Lieutenant General Duong Samnieng Dies Fighting Thai Invaders at Preah Vihear | BREAKING NEWS: Prime Minister Hun Manet to Lead Cambodian Delegation to Kuala Lumpur for Special Meeting on Ceasefire | Secretary Rubio Calls for Immediate De-escalation in Cambodia-Thailand Border Dispute | TOP NEWS: Cambodia and Thailand Agree to Ceasefire After Malaysia-Mediated Talks | Joint Press Release: Special Meeting Hosted by Malaysia to Address Cambodia-Thailand Border Dispute | ASEAN Issues Statement Supporting Ceasefire and Peaceful Resolution in Cambodia-Thailand Border Dispute | BREAKING: U.S. Secretary of State Marco Rubio Welcomes Cambodia-Thailand Ceasefire Declaration | TOP NEWS: President Trump Announces Ceasefire and Peace Agreements with Thailand and Cambodia | Cambodian Prime Minister Hun Manet Reports Successful Ceasefire Negotiation with Thailand, Thanks U.S. Support |
Cambodia Condemns Thai Military Attack on Preah Vihear Temple | Cambodia Confirms Troops Still Holding Mount Trop as Thailand Cannot Raise Flag on Sovereign Territory | Cambodia and Thailand Clashes Enter Third Day as Casualties Rise to 33 | UN Security Council Urges Restraint as Thailand-Cambodia Clashes Intensify | Cambodia Condemns Thai Aggression at UN, Calls for Ceasefire and International Intervention | Techo Hun Sen Advises Military Strategy Amidst Border Clashes with Thailand | 45 Staff Rescued After Being Trapped at Preah Vihear Temple Amidst Clashes | BREAKING: Cambodia Denies Firing Projectiles into Laos, Accuses Thailand of Disinformation | Cambodia's Tourism Ministry Seeks Aid for Troops, Refugees; Reaffirms Commitment to Peace | BREAKING: Laos Denies Border Clash with Cambodia; Cambodia Rejects Thai Accusations of Shelling Laos | BREAKING NEWS: Andrew MacGregor Marshall Claims Queen Mother Sirikit Has Died, Alleging Concealment by Thai Authorities | TOP NEWS: Trump Claims Diplomatic Role in Cambodia-Thailand Border Conflict, Calls for Ceasefire | TOP NEWS: Cambodian Prime Minister Confirms President Donald Trump Ceasefire Agreement with Thailand | Thai Military of Escalating Attacks, Despite Cambodia Ceasefire Efforts | BREAKING NEWS: Cambodia and Thailand Agree to Malaysian Mediation Amid Escalating Border Clashes | Ministry of Education Announces Postponement of 2025 Baccalaureate Examination | Cambodian Community in Korea Holds Mass Protest Against Thailand’s Invasion | Techo Hun Sen: “In Times of National Crisis, We Have No Right to Rest or Fall Ill” | UN Secretary-General and Cambodian Officials Call for Immediate Ceasefire Amid Border Clashes | Lieutenant General Duong Samnieng Dies Fighting Thai Invaders at Preah Vihear | BREAKING NEWS: Prime Minister Hun Manet to Lead Cambodian Delegation to Kuala Lumpur for Special Meeting on Ceasefire | Secretary Rubio Calls for Immediate De-escalation in Cambodia-Thailand Border Dispute | TOP NEWS: Cambodia and Thailand Agree to Ceasefire After Malaysia-Mediated Talks | Joint Press Release: Special Meeting Hosted by Malaysia to Address Cambodia-Thailand Border Dispute | ASEAN Issues Statement Supporting Ceasefire and Peaceful Resolution in Cambodia-Thailand Border Dispute | BREAKING: U.S. Secretary of State Marco Rubio Welcomes Cambodia-Thailand Ceasefire Declaration | TOP NEWS: President Trump Announces Ceasefire and Peace Agreements with Thailand and Cambodia | Cambodian Prime Minister Hun Manet Reports Successful Ceasefire Negotiation with Thailand, Thanks U.S. Support |

ADB Provides US $73 Million Financing Package to Strengthen Cambodia's Marine Fisheries

PHNOM PENH: The Asian Development Bank (ADB) has approved a US $73 million aid package to strengten climate resilience and the sustainability of Cambodia's coastal and marine fisheries.

According to an ADB press release, the Sustainable Coastal and Marine Fisheries Project will be financed by a US $41 million loan from the ADB, a US $22 million grant from the Asia Development Fund and a US $10 million loan from the ASEAN Infrastructure Fund, under the ASEAN Catalytic Green Finance Facility (ACGF). The French Development Agency (Agence française de développement) will also provide about US $10 million in co-financing, which will be managed by the ADB.

"The fishery subsector is an important component of Cambodia’s economy, accounting for 8% to 10% of the country’s gross domestic product,” said ADB. “Marine fisheries account for 13% of the fishery subsector; yet, overfishing and climate change have led to a substantial decline in fish stocks, which has impacted coastal communities and businesses and resulted in higher fish prices."

The statement added that ADB’s assistance under the project supports several key growth and development strategies of the Cambodian government, including its post-Covid-19 pandemic recovery plan and the country’s updated nationally determined contribution, which identifies climate resilience for capture fisheries and ecological restoration of coastal areas as national adaptation priorities. The project is aligned with ADB’s country partnership strategy for Cambodia, 2019–2023.

Alvin Lopez, ADB’s Senior Natural Resources and Agriculture Specialist for Southeast Asia, said the project is ADB’s first significant investment in marine fisheries and represents an important milestone for its Action Plan for Healthy Oceans and Sustainable Blue Economies,

"It responds to several key government strategies, including the Strategic Planning Framework for Fisheries 2015–2024, and the Statement of the Royal Government of Cambodia on Marine Fisheries Management Key Principles (2019) for the management, conservation, and development of sustainable marine fisheries resources,” he said.

The project will promote private sector development by enabling coastal communities and small businesses to diversify their livelihoods, adopt sustainable practices, and grow into viable enterprises. It will also support women’s economic empowerment by scaling up women’s engagement in small and medium-sized enterprises. In addition to helping Cambodia's four coastal provinces (Kampot, Kep, Koh Kong, and Preah Sihanouk) reverse the sharp decline in fisheries, the project will also help promote sustainable mariculture and enhance fish landing sites to improve seafood safety.

ADB expects that under this project, about 40% of nearshore fishery in Cambodia will be regenerated into more productive and sustainable enterprise.



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