Cambodian ministries are currently facing a $620 million funding shortfall if they are to implement their climate change adaption action plans by 2018, according to figures announced by NGO Forum at a press conference yesterday. ...

The Ministry of EconoMy and Finance secured a $36.3 Million concessionary loan froM the UN’s International Fund for Agricultural DevelopMent (IFAD) prograM aiMed at accelerating the production of sMall-scale agricultural products including rice, vegetables, potatoes, silk and livestock, according to a Ministry release yesterday. ...

The US government has agreed to provide global electoral NGO International Foundation for Electoral Systems a $1.8 million grant to ensure the National Election Committee conducts free and fair elections. ...

Prime minister Hun Sen is to ask Japan to invest $800 million in building a skytrain link between the city and Phnom Penh International Airport. ...

Implementation of a previously announced three-year $20 million programme to increase local vegetable and fragrant rice production will begin next month to help boost domestic supply and reduce imports, an agriculture official said yesterday. To date, 2,060 farmers and 260 rice cooperatives have been recruited ...

The government collected $915 million in tax revenue during the first six months of the year, according to figures released yesterday by the ministry of Economy and Finance. ...

The government has officially made $27 million in emergency funds, initially intended for the rice sector, available for struggling corn farmers at a 5 percent annual interest rate to help prop up low market prices and free up liquidity after farmers protested earlier this month, ...

The government has declared almost 1.5 million hectares as protected areas in a bid to enhance the sustainability of the ecology system and reduce the impact of climate change, according to a sub-decree signed on Thursday. The so-called Biodiversity Conservation Corridors cover a total of more ...

Japan has pledged $5.7 million to train government officials from Cambodia. The deal was signed yesterday by Foreign Affairs minister Prak Sokhonn and Japanese ambassador Hidehisa Horinouchi. . ...

More than a dozen Chinese coMpanies inked deals to purchase about $526 Million worth of agricultural products froM CaMbodian firMs on Monday. The 34 agreeMents between 14 Chinese firMs and 18 CaMbodian firMs were announced by the two country’s coMMerce Ministries at a press conference ...

Prime minister Hun Sen returned home yesterday from a quick trip to Beijing with the promise of some $523 million in new loans and grants, one day after Chinese Prime minister Wen Jabao praised Cambodia for helping China maintain “friendly relations” with Asean. Speaking with ...

AEON Mall, a Japan’s single-largest shopping Mall developer and the largest retailing operator, will invest $200 Million to build a four-storey shopping Mall here in DeceMber, CaMbodian PriMe Minister Hun Sen said Tuesday. The construction will be begun on DeceMber 10, 2012 on the land area ...

CP Laos and CP Cambodia are investing a combined Bt250 million to set up a new silo for maize in Cambodia and a new feed-meal plant in Laos to strengthen CPF’s integrated agricultural-industrial business as the Asean Economic Community (AEC) approaches. most recently, the company ...

A lawyer for Norwegian-owned power and electronics equipment firm Eltek Valere yesterday called on investors not to buy stakes in the Thai-owned mobile phone operator mfone, and to await court’s ruling. The lawyer’s appeal came after the Phnom Penh municipal Court issued a warrant for keeping ...

Some of the 200 families evicted from a village in mondolkiri province’s Koh Nhek district last week said yesterday that they were taking up temporary residence in nearby villages and forests because they could not afford to go home, or had no land to return ...

Entertainment Gaming Asia Inc. (EGA), which owns a number of casinos in Cambodia, as well as provides gaming machines to other local gambling venues, announced on Tuesday that quarterly revenues from April through June reached a record $5.2 million, up 14 percent compared to the ...

Norway-based Eltek Valere has won a court injunction against Mfone, the CaMbodian Mobile subsidiary of SET-listed satellite operator ThaicoM, for its failure to pay outstanding service charges. According to The Bangkok Post on Monday, citing court docuMents, the PhnoM Penh Municipal Court ruled in favor of ...

Cambodian government officials and private sector leaders have met with Chinese officials to negotiate a US$200 million loan for the development of Cambodia’s rice sector, an official said on Tuesday. The new loan would focus on the development of the agricultural sector, primarily the construction ...

The international side of the Khmer Rouge tribunal has had its financial woes briefly allayed by a $3.97 million pledge from Sweden to fund operations for the next two years. ...

Cambodia will sign a $33.9 million grant aid today from the Japanese government to support various small hydropower dam projects, improve a hospital and update resources of a university, according to a press release from the ministry of Foreign Affairs. ...