$65m more needed to meet mine-free goal
The government needs another $65 million on top of the $15 million already received in donations to clear 190 mine-contaminated areas and make Cambodia mine-free by 2025. ...
Chhun Sunly
https://www.khmertimeskh.com/501108595/65m-more-needed-to-meet-mine-free-goal/
Cambodia expects to get $18M from first oil sale
Cambodia will generate its first revenue of about $18 million by selling nearly 3,000 barrels of crude oil to a Singaporean firm if the government approves the latest results of the negotiations between Cambodian officials, the shipment company and the buying firm, according to a ...
Kang Sothear
https://www.khmertimeskh.com/1129068/cambodia-expects-to-get-18m-from-first-oil-sale/
Brands including H&M and Gap urge Cambodia garment industry reform, seek meeting with Hun Sen
A group representing some of the largest apparel brands in the US and Europe – including Gap, H&m and ASOS – expressed “growing concern” on Tuesday over several controversial labour laws and ongoing court cases against unionists described as restrictive and unjust. ...
Hun Sen says Cambodia Daily must pay its $6.3M tax bill or ‘pack up’
Prime minister Hun Sen escalated the government’s attacks on media outlets and NGOs yesterday, reiterating in a speech that the Cambodia Daily would have to “pack up their things and leave” if they failed to pay a $6.3 million tax bill, while at the same ...
Ananth Baliga and Niem Chheng
http://www.phnompenhpost.com/national/hun-sen-says-cambodia-daily-must-pay-its-63m-tax-bill-or-pack
Rubber sector nets $221.7M
Cambodia exported 132,174 tonnes of natural rubber worth $221.67 million in the first half of this year, up by 7.18 per cent and 38.12 per cent year-on-year in volume and value, according to minister of Agriculture, Forestry and Fisheries Veng Sakhon. ...
Hin Pisei
https://www.phnompenhpost.com/business/rubber-sector-nets-2217m
Gov’t report says $600m spent in subsidies for poor
The Ministry of EconoMy and Finance said the governMent has spent nearly $600 Million to help poor faMilies across the country. ...
Tith Kognov
https://www.khmertimeskh.com/501042653/govt-report-says-600m-spent-in-subsidies-for-poor/
$17M investment projects in Kandal, P Sihanouk provinces
Aiding the job prospects and investment potential in two provinces in the country, the Council for the Development of Cambodia (CDC) gave approval for four new investment projects worth $17 million. ...
Adur Pradeep
https://www.khmertimeskh.com/501135969/17m-investment-projects-in-kandal-p-sihanouk-provinces/
Zero Snaring campaign underway in M’kiri
The first province to see the latest “Stop Wildlife Trafficking” campaign, an extension of the successful zero snaring campaign, was mondulkiri province in the northeast of Cambodia, an area which is rich in natural resources and wildlife in protected areas. ...
Lay Samean
https://www.phnompenhpost.com/national/zero-snaring-campaign-underway-mkiri
MLVT to upgrade livelihood of 1.5M poor families
The Ministry of Labour and Vocational Training (MLVT) is finalising strategies to develop huMan capital, proMote better work conditions, and enhance the livelihood of about 1.5 Million poor and vulnerable faMilies. ...
Hong Sovannary
https://www.khmertimeskh.com/501244397/mlvt-to-upgrade-livelihood-of-1-5m-poor-families/
Myanmar’s siren song
Unions and labour rights groups have spent recent months unashamedly drilling home a stark reminder: Cambodia’s minimum garment wage, at $61 per month, compares poorly with those in Thailand – where workers earn more than $200 a month – and Vietnam, which has a base ...
http://www.phnompenhpost.com/2013031861998/National/myanmar-s-siren-song.html
Cambodia Falls Short as Garment-Industry Model
This small Southeast Asian country was supposed to become a model for the world apparel industry, with tough factory monitoring and strong worker protections. But a dozen years after the United Nations’ International Labour Organization launched a program to manage Cambodia’s booming garment trade—the first of ...
http://online.wsj.com/article/SB10001424127887324423904578521240151597504.html
responsAbility Invests $13.5m in Microfinance Institutions (MFIs) VisionFund Cambodia, Equity Bank of Kenya
responsAbility Social Investments AG, a Swiss for-profit company that operates four microfinance investment vehicles (mIVs), recently reported to microCapital that it has invested USD 13.5 million in microfinance institutions (mFIs) Equity Bank of Kenya and VisionFund Cambodia. The investments have been made through three mIVs: ...
Seized M’kiri timber put up for auction, starting bid firmly set at 1.4B riel
The government’s Auction Committee has announced a public auction of more than 1,500 cubic metres of illegally logged timber at a starting price of some 1.4 billion riel (approximately $353,000). This is based on a June 6 announcement by the ministry of Environment’s General Department ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/seized-mkiri-timber-put-auction-starting-bid-firmly-set-14b-riel
CDC okays new $13M projects
The government approved three projects worth a total of $13.5 million last week, bringing the total number of projects in the first three weeks of this month to nine with total investment value of $1.1354 billion, the Council for the Development of Cambodia (CDC) said ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-new-13m-projects
ADB okays $40M loan for finance
The Asian Development Bank (ADB), in an effort to support the government, has approved a $40 million policy-based loan to expand access to credit among micro-, small-, and medium-sized enterprises (mSmE) and implement reforms to boost financial stability and upgrade financial sector infrastructure amid the ...
May Kunmakara
https://www.phnompenhpost.com/business/adb-okays-40m-loan-finance
China pledges 20M Covid jabs
Chinese President Xi Jinping has committed another 20 million Covid-19 vaccine doses to Cambodia, five million of which are expected to arrive late this month. ...
Mom Kunthear
https://www.phnompenhpost.com/national/china-pledges-20m-covid-jabs
Rubber latex, wood exports worth over $77M in Jan-Feb
Cambodia netted more than $77 million from rubber latex and wood exports in the first two months of 2022, according to data released by the ministry of Agriculture, Forestry and Fishery’s General Directorate of Rubber. ...
Hin Pisei
https://www.phnompenhpost.com/business/rubber-latex-wood-exports-worth-over-77m-jan-feb
Q1 Hungary trade reaches $2.23M
Cambodia and Hungary on may 27 reaffirmed their vows to strengthen and further develop economic and trade cooperation after a reported dip in trade last year pinned on the global Covid-19 crisis. ...
Nov Sivutha
https://www.phnompenhpost.com/business/q1-hungary-trade-reaches-223m
MoC earns $15m in 2022
The Ministry of CoMMerce has earned More than $15 Million to bolster the national budget, an increase of More than six percent over 2021, according to a report. ...
Mao Sreypich
https://kiripost.com/stories/cambodia-moc-earns-15m-in-2022