CDC approves three projects worth $11M
Three investment projects worth more than $11 million were approved by the Council for the Development of Cambodia (CDC) this week, a CDC press release said on Wednesday. CDC approved the establishment of the SWJ (Cambodia) Garment Co, Ltd, in Kampong Speu province’s Chbar mon ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-three-projects-worth-11m
$3.5M for potato seeds project
Cambodia’s minister of Agriculture Veng Sakhon has told local media that his ministry plans to purchase $3.5 million’s worth of potato seeds, in a project partnering with South Korea to produce potatoes in the mondulkiri province. ...
Sok Chan
https://www.khmertimeskh.com/50713733/3-5m-for-potato-seeds-project/
ARDB farm loans now total $31M
Farm loan applications to the state-owned Agricultural and Rural Development Bank (ARDB) reached $31 million on Friday. ARDB director-general Kao Thach said applications for government loans have been growing rapidly since the government officially launched a $50 million fund in march. ...
Thou Vireak
https://www.phnompenhpost.com/business/ardb-farm-loans-now-total-31m
Thai bank’s $140M offer to buy Cambodian MFI on hold
Eight months since announcing the biggest acquisition deal in the history of Cambodia’s financial sector, Thailand-based Bank of Ayudhya, also known as Krungsri Bank, has yet to receive approval for the landmark deal. In a statement released in January, Bank of Ayudhya announced its intention ...
Hor Kimsay
http://www.phnompenhpost.com/business/thai-banks-140m-offer-buy-cambodian-mfi-hold
New $9M brickworks in Kampot
Kampot province has becomes the home of a new $9 million brickworks that was officially inaugurated on November 22. Equipped with state-of-the-art technology and an automated production line, the factory will be able to turn out 800,000 bricks per day in its initial phase, Kampot ...
Hin Pisei
https://www.phnompenhpost.com/business/new-9m-brickworks-kampot
Acleda, CDB ink $130M credit facility pact
Acleda Bank Plc, Cambodia’s largest locally-owned commercial bank, has signed a $130 million long-term facility agreement with Chinese state-owned China Development Bank Corp (CDB), the world’s largest development bank by assets, it said in a press release on Friday. ...
Thou Vireak
https://www.phnompenhpost.com/business/acleda-cdb-ink-130m-credit-facility-pact
Bilateral trade with Britain reaches $813M
Bilateral trade volume between Cambodia and the UK reached $813.22 million in the first 11 months of this year, falling 17.61 per cent from the $987.09 million logged in the same period last year, according to the ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/bilateral-trade-britain-reaches-813m
ARDB seeks $30M more for SME loans
Agriculture and Rural Development Bank of Cambodia (ARDB) expects to receive an additional $30 million from the government for special-purpose loans to keep the Kingdom’s smaller businesses afloat amid the ongoing economic duress of Covid-19, according to the state-owned bank’s director-general Kao Thach. ...
Thou Vireak
https://www.phnompenhpost.com/business/ardb-seeks-30m-more-sme-loans
Road vehicle imports clock in at $977M
Cambodia imported road vehicles worth $977.4 million in the first 10 months of 2021, up by more than eight per cent from $901 million in January-October 2020, according to ministry of Commerce data. ...
Hin Pisei
https://www.phnompenhpost.com/business/road-vehicle-imports-clock-977m
2021 Korea trade tops $965M
Bilateral trade between Cambodia and South Korea reached $965.132 million last year, a 9.015 per cent surge from $885.322 million in 2020, according to data from the Korea International Trade Association (Kita). ...
Hin Pisei
https://www.phnompenhpost.com/business/2021-korea-trade-tops-965m
Kingdom-Malaysia trade tops $500M
Cambodia-malaysia trade volume surpassed $500 million in 2021, rising by 13.14 per cent over a year earlier, according to the ministry of Commerce. ...
Hom Phanet
https://www.phnompenhpost.com/business/kingdom-malaysia-trade-tops-500m
A $15m cash injection aims to bridge Cambodia’s digital skills gap
USAID launches $15m initiative to improve the nation’s digital skills by working with universities and private institutions to strengthen the quality of ICT curriculums and improve soft skills. ...
Phin Rathana
https://kiripost.com/stories/a-15m-loan-aims-to-bridge-cambodias-digital-skills-gap
France maintains $100M pledge for Cambodia
The French government through the French Development Agency or Agence Française de Développement (AFD) has maintained its annual financing commitment at about $100 million as a concessional loan for Cambodia to develop and recover the country’s post-Covid-19 economy in line with its national development strategy ...
Kang Sothear
https://www.khmertimeskh.com/501155615/france-maintains-100m-pledge-for-cambodia/
Cambodia’s urban population to reach 7.92M by 2030
Cambodia’s urban population will rise to 7.92 million by 2030, accounting for 44 percent of the total population from 6.13 million or 39.5 percent in 2019, said Pen Sophal, secretary of state at the ministry of Land management, Urban Planning, and Construction, recently. ...
Sok Sithika
https://www.khmertimeskh.com/501133955/cambodias-urban-population-to-reach-7-92m-by-2030/
Cambodia, France trade volume reaches $515M
Bilateral trade volume between the Kingdom and France reached $515.21 million last year, making Europe’s trade volume stand at $4.6 billion in 2023, said Prime minister Hun manet. ...
Nheng Chamrong
https://www.khmertimeskh.com/501424116/cambodia-france-trade-volume-reaches-515m/
Trade with Singapore grows, exceeds $900M
The total value of trade between Cambodia and Singapore amounted to almost $920 million in 2023, marking an increase of over 7% compared to the previous year. Imports from the city-state represented a substantial 94% of the figure, according to the General Department of Customs ...
Hin Pisei
https://www.phnompenhpost.com/business/trade-with-singapore-grows-exceeds-900m
Students knuckle down to prepare for cheating-free exam
Hean Chanthorn, 20, a grade 12 student from Chea Sim Santhor mok High School in Phnom Penh, says he wakes at 4 a.m. every morning to revise. He heads to school at 6 a.m. and stays there until 7:30 in the evening. After dinner, Chanthorn ...
Leng Sreynich
http://www.voacambodia.com/content/students-knuckle-down-to-prepare-for-cheating-free-exam/2862364.html
Preah Sihanouk authorities block 'illegal' coastal development
Stung Hav district governor Chhay Sokunda has told The Post that district and provincial authorities prevented machines from illegally filling land in Preah Sihanouk’s coastal O’Touk area on Saturday. The owner had asked permission to repair the area, Sokunda said, but instead filled a 50m ...
Voun Dara
https://www.phnompenhpost.com/national/preah-sihanouk-authorities-block-illegal-coastal-development
Bourse May Have 7 Trading Sessions Daily
Officials at the Cambodian Securities Exchange (CSX) may increase the number of daily stock trading sessions from two to seven, giving traders more flexibility to buy and sell, an official at the bourse said yesterday. Currently, trading on the CSX occurs in just two sessions, starting ...