Trade with UK dips 10.5% to $785M
Bilateral trade between Cambodia and the UK reached more than $785 million in 2021, down by more than 10.48 per cent year-on-year, according to the ministry of Commerce. ...
Hom Phanet
https://www.phnompenhpost.com/business/trade-uk-dips-105-785m
M’kiri authorities recover 100ha of grabbed land
Mondulkiri authorities have cracked down on over 100 hectares of illegally grabbed forest land and tore down boundary fences put up in the area. ...
Son Minea
https://www.khmertimeskh.com/501013891/mkiri-authorities-recover-100ha-of-grabbed-land/
Agri exports reach 2.82M tonnes by March 16: official
Cambodia’s agricultural exports this year have reached 2.82 million tonnes as of march 16, surging by over 22 per cent or about 511,000 tonnes year-on-year. ...
Hom Phanet
https://www.phnompenhpost.com/business/agri-exports-reach-282m-tonnes-march-16-official
M’kiri governor proposes wildlife sanctuary breeding areas, zoo
Mondulkiri provincial governor has instructed officials to rehabilitate at least 100 hectares of forest to increase wildlife nuMbers and establish a zoo to attract tourists. ...
Tith Kongnov
https://www.khmertimeskh.com/501063701/mkiri-governor-proposes-wildlife-sanctuary-breeding-areas-zoo/
Chinese firm set to invest $300M into S’ville SEZ’s largest tyre plant
Chinese company “Jiangsu General Science Technology Co Ltd” has invested nearly $300 million to build the largest tyre factory in the Sihanoukville Special Economic Zone (SSEZ), according to Beijing’s embassy in Phnom Penh. ...
Hom Phanet
https://www.phnompenhpost.com/business/chinese-firm-set-invest-300m-sville-sezs-largest-tyre-plant
UNFPA, Japanese government launch $1.17m project to support Cambodia health
The United Nations Population Fund (UNFPA) and the Japanese government yesterday jointly launched a project to support the Royal Government of Cambodia in building a resilient and responsive healthcare system during and beyond the Covid-19 pandemic. ...
WB allots $274M for recovery
Cambodia is set to receive a $274 million credit from the World Bank (WB) “to promote a resilient recovery from the recent economic shocks” stemming from ongoing geopolitical competition among major powers and the Covid-19 crisis, more than two years on from the start of ...
May Kunmakara
https://www.phnompenhpost.com/business/wb-allots-274m-recovery
Sihanoukville port records $18.9m profits in six months
Sihanoukville port saw its profits more than double to $18.9 million in the first six months of the year, thanks to an increase in the number of containers passing through the port. ...
Prak Chan Thul
https://kiripost.com/stories/sihanoukville-port-records-189m-profits-in-six-months
Income tax revenue hits $250m a month
Cambodia’s income tax revenue has grown to $250 million a month as the private sector continues to grow, according to Prime minister Hun Sen. ...
Chhorn Raksmey
https://kiripost.com/stories/income-tax-revenue-hits-250m-a-month
Private investors sought for $55m ecotourism project
Private sector investment is being sought for a $55 million project to develop sustainable eco-tourism in the Cardamom mountains and Tonle Sap area. ...
Marissa Carruthers
https://kiripost.com/stories/cambodia-private-investors-sought-for-55m-ecotourism-project
Trade with Malaysia soars 23% to $620M in 2022
The merchandise trade volume between Cambodia and malaysia totalled $620.373 million in 2022, rising by 23.33 per cent over a year earlier, with Cambodian exports accounting for a 18.03 per cent share, down by 2.11 percentage points on a yearly basis, according to the General ...
Hin Pisei
https://www.phnompenhpost.com/business/trade-malaysia-soars-23-620m-2022
Cellcard eyes $20M IPO after CSX’s green light
Prominent telecoms operator CAmGSm Plc, a subsidiary of locally-owned conglomerate Royal Group of Companies Ltd that trades as Cellcard, plans to raise about $20 million through an initial public offering (IPO) on the Cambodia Securities Exchange (CSX), expected in may. ...
May Kunmakara
https://www.phnompenhpost.com/business/cellcard-eyes-20m-ipo-after-csxs-green-light
Cambodia misses target of exporting 1m tons of rice
Hun Sen said on Monday CaMbodia has not been successful in exporting one Million tons of rice because of a lack of processing basics, including rice Mills, dry ovens, and capital. ...
Chhorn Raksmey
https://kiripost.com/stories/cambodia-misses-target-of-exporting-1m-tons-of-rice
$2M Mekong-Lancang fund to support eight key projects in Cambodia
Cambodia and China will sign a $2 million deal under the mekong-Lancang Cooperation Special Fund 2024 to support eight projects across various sectors, reflecting their commitment to regional development. ...
Khim Sokunthy
https://kiripost.com/stories/2m-mekong-lancang-fund-to-support-eight-key-projects-in-cambodia
Elephant found dead in Mondulkiri protected area
An elephant was found dead at a cashew nut plantation in Keo Seima Wildlife Sanctuary in mondulkiri province’s Keo Seima district on Sunday. Experts initially thought the elephant may have been poisoned by a chemicals used by locals, but later confirmed it had been shot. ...
Long Kimmarita
https://www.phnompenhpost.com/national/elephant-found-dead-mondulkiri-protected-area
‘Anarchic’ cottage residents agree to relocate willingly
Forty-five families from Commune IV in Preah Sihanouk province’s mittapheap district on Thursday said they would willingly dismantle their makeshift homes and relocate in exchange for 5m by 20m plots of land in Kbal Chhay district. ...
Khorn Savi
https://www.phnompenhpost.com/national/anarchic-cottage-residents-agree-relocate-willingly
Binh Duong-Ho Chi Minh City-Cambodia bus line opens
Binh Duong-Ho Chi Minh City-CaMbodia bus line has been launched on DeceMber 6 by Phuong Trinh Joint Stock CoMpany. The new service will be operational with six daily trips froM 5 a.M. to 5 p.M. using 45 and 28-seat high class luxury passenger buses. ...
Duc Trung
http://www.saigon-gpdaily.com.vn/Travel/2014/12/111816/
Cambodia approves Lower Sesan 2 hydroelectric dam
Cambodia’s government has approved a controversial hydroelectric dam on a tributary of the mekong River. The joint venture involves Cambodian, Chinese and Vietnamese investment of $781m (£488m) and is due to be completed within five years. The project in northern Stung Treng province is known as Lower ...
CRF: $200M in emergency loans needed for rice sector
The Cambodia Rice Federation (CRF) has asked the state-owned Rural Development Bank (RDB) to provide $200 million in emergency loans to buy paddy from farmers during the ongoing post-monsoon harvest season as falling prices threaten their livelihoods. ...
Thou Vireak
https://www.phnompenhpost.com/business/crf-200m-emergency-loans-needed-rice-sector
China's financial power play: How a £530m dam in Cambodia symbolises the growing, sometimes ruthless, influence of Beijing across Asia
Beijing is spreading its influence by stumping up the cash to build desperately needed infrastructure throughout Asia, but with little consideration for communities or the level of corruption. “Without infrastructure, you can’t revive,” said Cambodia’s Commerce minister, Sun Chanthol. “We have been blamed for always ...