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 ...
Ministry grants M’kiri communities right to manage natural resources
Twelve of 19 representatives from protected areas in the Phnom Prich, Srepok and Keo Seima wildlife sanctuaries in mondulkiri province – consisting of nearly 13,000 people – signed an agreement with the ministry of Environment on the sustainable management of natural resources. The agreement was ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/ministry-grants-mkiri-communities-right-manage-natural-resources
Bilateral trade with South Korea tops $657M
Bilateral trade between Cambodia and South Korea has topped more than $657 million for the first nine months of this year. According to ministry of Commerce data obtained by The Post on monday, the figure is a little more than $100 million shy of the $769 ...
Hin Pisei
https://www.phnompenhpost.com/business/bilateral-trade-south-korea-tops-657m
Mizuho Bank lends $55M for electricity
Japanese lender Mizuho Bank Ltd will provide a $55 Million loan to refinance a project for power transMission line operator CaMbodian TransMission Ltd (CTL), it said in a press release on Wednesday. ...
Thou Vireak
https://www.phnompenhpost.com/business/mizuho-bank-lends-55m-electricity
Frozen food market to reach $120M
The Cambodian frozen food market is projected to reach $119.56 million by 2024 at a compound annual growth rate (CAGR) of 3.9 per cent during 2019-2024, Dublin-based Research and markets reported. It said the increasing influence of Western food and an increase in tourism are ...
Thou Vireak
https://www.phnompenhpost.com/business/frozen-food-market-reach-120m
Demining provides land to 5.7m people
Some five million people across the country have reportedly gained safe access to agricultural land, livelihood activities and development amid Cambodian mine Action and Victim Assistance Authority’s Clearing for Results (CfR) Phase IV project. ...
Ry Sochan
https://www.khmertimeskh.com/50749583/demining-provides-land-to-5-7m-people/
Environment ministry looks into illegal posts in M’kiri sanctuary
The Ministry of EnvironMent is investigating a group that erected More than 50 stone and wooden posts and built fences on State land in the Keo SeiMa Wildlife Sanctuary in Mondulkiri province. ...
Voun Dara
https://www.phnompenhpost.com/national/environment-ministry-looks-illegal-posts-mkiri-sanctuary
ARDB to disburse $50M loan by Dec 31
The state-owned Agricultural and Rural Development Bank (ARDB) expects to fully disburse a $50 million emergency fund for small and medium-sized enterprises (SmEs) by year’s end, its director-general Kao Thach told The Post on December 14. ...
Thou Vireak
https://www.phnompenhpost.com/business/ardb-disburse-50m-loan-dec-31
Electronic, electrical exports hit $755.34M
Cambodia exported $755.34 million worth of electrical equipment and electronic components to international markets in 2020, up 31.49 per cent compared to $574.44 million in 2019, according to the ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/electronic-electrical-exports-hit-75534m
Oz spending over $34m for clean water projects
The Australian government is spending around $34.33 million to build clean water facilities and pipe systems that will benefit at least one million Cambodians people living in the countryside. ...
Tin Sokhavuth
https://www.khmertimeskh.com/50983023/oz-spending-over-34m-for-clean-water-projects/
Structure of $230M Chip Mong Tower completed
The structure of the 45-storey, $230 million Chip mong Tower on Russian Boulevard near the Techno flyover was finished on January 14, Chip mong Group said in a statement. ...
Hin Pisei
https://www.phnompenhpost.com/business/structure-230m-chip-mong-tower-completed
$1m initiative to push sustainable tourism
WWF Cambodia has launched a $1 million project to support post-Covid recovery and the development of sustainable tourism in Cambodia by introducing solar and cooling systems to the sector. ...
Mao Sreypich
https://kiripost.com/stories/1m-initiative-to-push-sustainable-tourism
$25.4M projects to create 6500 jobs
In continuance with the policy to strengthen the Covid pandemic-scarred economy and push for growth, the Council for the Development of Cambodia (CDC) has recently approved projects worth $25.4 million. They are expected to generate around 6,500 job opportunities. ...
Khmer Times Staff
https://www.khmertimeskh.com/501174204/25-4m-projects-to-create-6500-jobs/
A $200m Japanese loan to upscale Sihanoukville Port
Plans are in place for Cambodia to sign a $200 million loan with Japan to jointly develop Sihanoukville’s deep-sea port to enable ships that weigh up to 1,200 tons to dock. ...
Chhorn Raksmey
https://kiripost.com/stories/a-200m-japanese-loan-to-upscale-sihanoukville-port
CDC okays $103.3M in new projects
The Council for the Development of Cambodia (CDC) on April 17 announced that it approved five new investment projects with a cumulative capital commitment of $103.3 million, which are expected to generate a total of 1,168 jobs. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-1033m-new-projects
$3m project aims to elevate Mondulkiri farmers’ livelihoods
A $3 million project is being rolled out in mondulkiri with the aim of improving income, food security and nutrition of more than 1,200 smallholder farmers ...
Marissa Carruthers
https://kiripost.com/stories/cambodia-3m-project-aims-to-elevate-mondulkiri-farmers-livelihoods
Cambodia-India trade reaches $37M in January
In January 2023, the bilateral trade between Cambodia and India amounted to $37 million, according to the General Department of Customs and Excise’s report. ...
Chea Vanyuth
https://www.khmertimeskh.com/501243610/cambodia-india-trade-reaches-37m-in-january/
$6.4m footwear factory inaugurated in Kampong Speu
The Minister of Labor and Vocational Training has officially inaugurated a shoe factory in SaMrong Tong District, KaMpong Speu Province with an investMent of about $ 6.4 Million. ...
Mon Sokeo
https://kiripost.com/stories/cambodia-64m-footwear-factory-inaugurated-in-kampong-speu