$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/
Bicycle export earns $278M in first eight months
Cambodia exported $278 million worth of bicycles including electric bicycles in the first eight months of this year, a 30 percent decrease year-on-year compared to the same period last year, a report by the General Department of Customs and Excise showed. ...
Chea Vanyuth
https://www.khmertimeskh.com/501570205/bicycle-export-earns-278m-in-first-eight-months/
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
ARDB inks $30M loan pact to promote agri sector
The Agriculture and Rural Development Bank of the ministry of Economy and Finance has signed the $30 million subsidiary loan agreement with three banks and micro-financial institutions to help financial access to the agricultural sector. ...
Chea Vanyuth
https://www.khmertimeskh.com/501132346/ardb-inks-30m-loan-pact-to-promote-agri-sector/
Bilateral trade with Thailand nearly $342M
Bilateral trade between Cambodia and Thailand reached $341.8 million in the first month of 2024, marking a slight increase of 0.2% over the same period last year, as reported by the General Department of Customs and Excise (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/bilateral-trade-with-thailand-nearly-342m
New M’kiri airport to boost tourism, economy but deforestation concerns linger
The government has permitted private firm Focus Trans Global Venture Co Ltd (FTGV) to study the construction of a new airport in mondulkiri province, northeast of Cambodia, as well as invest in a build, operate and transfer (BOT) model, the Office of the Council minister ...
Khuon Narim
https://cambojanews.com/new-mkiri-airport-to-boost-tourism-economy-but-deforestation-concerns-linger/
Local administrations allocated $900M
The government has allocated more than 3.5 trillion riel (nearly $900 million) for sub-national level administrations throughout the Kingdom to develop their localities for next year. The figure is an increase of $276 million compared to this year. The allocation was announced during the National Workshop ...
Mech Dara
https://www.phnompenhpost.com/national/local-administrations-allocated-900m
Cambodia’s largest port reports US$14-M revenues, + 14% in 1st 5 months of Y 2012
Cambodia’s largest Sihanoukville Autonomous Port (SAP) Saturday reported that it earned the total revenues of about US$14-m in the 1st 5 months of this year, + 14 rise from US$12.3-m at the same period last year. Goods exported through the port are mostly garment products and ...