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 ...
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/