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1M rapid test kits touch down

The Ministry of Health purchased one Million SD Biosensor Covid-19 rapid test kits froM South Korea, with its shipMent arriving in the KingdoM on Saturday through coordination by the CaMbodian eMbassy there. ...

Long Kimmarita
https://www.phnompenhpost.com/national/1m-rapid-test-kits-touch-down

ADB gives $82M for roads

The Asian Development Bank (ADB) has approved an $82 million loan to improve approximately 48km of national and provincial roads in Prey Veng and Kandal provinces to boost economic development along the Greater mekong Subregion’s (GmS) southern economic corridor. ...

Ry Sochan
https://www.phnompenhpost.com/national/adb-gives-82m-roads

Oz pledges $66M for economic resilience

Australia plans to provide about A$90 million (US$66 million) in funding to Cambodia for a new bilateral project dubbed “Resilience Economic Development”, according to the Council for the Development of Cambodia (CDC) on September 15. ...

Thou Vireak
https://www.phnompenhpost.com/business/oz-pledges-66m-economic-resilience

Rice exports top 3M tonnes in Jan-Oct

Even as a shipping-container shortage and rising transportation costs stymie the growth of milled rice exports to European and other Western markets, Cambodia managed to ship out 3,119,829 tonnes of the crop abroad, worth $957.30 million, in the first 10 months of 2021, according to ...

May Kunmakara
https://www.phnompenhpost.com/business/rice-exports-top-3m-tonnes-jan-oct

South Korea trade dips 10.6% to $792M

Bilateral trade between Cambodia and South Korea in the first 10 months of 2021 was worth $791.59 million, down by 10.6 per cent from $885.32 million in the same period in 2020, as the prolonged Covid-19 community transmission continues to take its toll. ...

Hin Pisei
https://www.phnompenhpost.com/business/south-korea-trade-dips-106-792m

$550M of investment projects get CDC nod

The Council for the Development of Cambodia (CDC) has approved final registration certificates for 15 projects with capital investment of nearly $550 million in the first two weeks of this month, which could reportedly generate 13,952 new jobs in fields such as car assembly, power ...

Hin Pisei
https://www.phnompenhpost.com/business/550m-investment-projects-get-cdc-nod

CDC okays three textile-linked projects worth $19M

The Council for the Development of Cambodia (CDC) on April 29 announced that it had greenlit final registration certificates for three projects in textile-linked sectors with total capital investment of nearly $19 million that are expected to create 2,005 jobs. ...

Hom Phanet
https://www.phnompenhpost.com/business/cdc-okays-three-textile-linked-projects-worth-19m

Construction begins ‘soon’ on 1M sqm Kampong Cham SEZ

An unnamed special economic zone (SEZ) is set to break ground on a one-million square metre plot in Kampong Cham province’s Cheung Prey district “soon”, according to provincial governor Un Chanda. The governor revealed this to the media on January 9 on the sidelines of a ...

May Kunmakara
https://www.phnompenhpost.com/business/construction-begins-soon-1m-sqm-kampong-cham-sez

$50M ADB loan aims to boost economic diversity

The Asian Development Bank (ADB) on December 6 announced that it has greenlit a $50 million policy-based loan under Subprogram 1 of its Trade and Competitiveness Program to support government efforts to diversify the economy, better enable local businesses to compete globally, and boost Covid-19 ...

May Kunmakara
https://www.phnompenhpost.com/business/50m-adb-loan-aims-boost-economic-diversity

Cambodia exported $900M bicycles in 2022

Cambodia earned $900 million from the export of bicycles in 2022, which is an increase of 43 percent over the $631 million reported for 2021, according to a report by the ministry of Commerce. ...

Sok Sithika
https://www.khmertimeskh.com/501229750/cambodia-exported-900m-bicycles-in-2022/

Kingdom earns $917M from rice exports

Cambodia earned $917.37 million from the exports of rice and paddy in the first seven months of the year, according to a report by the Cambodia Rice Federation (CRF), recently. ...

Nhean Chamrong
https://www.khmertimeskh.com/501338602/kingdom-earns-917m-from-rice-exports/

China’s CHINT to open $2.5M medium voltage factory

A global smart energy solutions firm, Chinese-owned CHINT Group Co Ltd, is leveraging the Kingdom’s energy production capacity to support the rapid demand growth for medium-voltage power equipment in the country, as well as Thailand, Laos and myanmar. ...

May Kunmakara
https://www.phnompenhpost.com/business/chinas-chint-open-25m-medium-voltage-factory

Cambodia signs $787m concessional loans in six months

Cambodia has signed new concessional loans with development partners totaling $787 million in the first six months of 2023, an increase of 24 percent compared to the same period last year. ...

Mao Sreypich
https://kiripost.com/stories/cambodia-signs-787m-concessional-loans-in-six-months

Manet redirects $200M to social programmes

Prime minister Hun manet said the state has saved over $200 million through the suspension of non-urgent research and case study projects. He has directed the funding towards more pressing target, such as the expansion of social protection and disaster relief. ...

Samban Chandara
https://phnompenhpost.com/national/manet-redirects-200m-social-programmes

ADB lends $140M for labour development

Cambodia has received $140 million in loans from the Asian Development Bank (ADB) to boost labour development to transform the country into a technology-driven, knowledge-based industrial economy while enhancing public service delivery by local administrations through public finance and decentralisation reforms. ...

May Kunmakara
https://www.phnompenhpost.com/business/adb-lends-140m-labour-development/

National domain name brings $10m in revenue

Cambodia is in the process of registering a unique national domain name (.kh) that is expected to add an additional $10 million in revenue annually to the nation’s coffers, according to the ministry of Posts and Telecommunications (mPTC). ...

Seng Mengheng
https://kiripost.com/stories/national-domain-name-brings-10m-in-revenue

$17M tourism project in Kep province approved

The Council for the Development of Cambodia has approved a $17-million tourism development project in Kep province. ...

Chea Vanyuth
https://www.khmertimeskh.com/501162001/17m-tourism-project-in-kep-province-approved/

Japan to loan $383m to develop Sihanoukville Port

Cambodia and Japan have signed an agreement for Tokyo to provide up to $383 million in loans to expand Sihanoukville Autonomous Port’s terminal capability. ...

Chhorn Raksmey
https://kiripost.com/stories/japan-to-loan-383m-to-develop-sihanoukville-port

$164M five-star hotel greenlit for Sihanoukville

The government has approved maritime City Co Ltd’s proposal to build and operate a $164.4 million development in Preah Sihanouk province comprising a 582-room five-star hotel, a commercial centre and entertainment facilities. ...

May Kunmakara
https://www.phnompenhpost.com/business/164m-five-star-hotel-greenlit-sihanoukville

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