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
GCF $43m aid Gfor six-year project
The Green Climate Fund (GCF) has approved a $43 million project to enhance the adaptive capacity of smallholder farmers, local communities and other value chain actors of the Northern Tonle Sap Basin to cope with the increasing threats of climate change in the Kingdom. ...
Ben Sokhean
https://www.khmertimeskh.com/501255714/gcf-43m-aid-for-six-year-project/
Foreign tourists to reach 3m in 2023
Tourism leaders remain confident the sector will further rebound in 2023, attracting three million international arrivals. ...
Chhorn Raksmey
https://kiripost.com/stories/foreign-tourists-to-reach-3m-in-2023
ADB approves $40m loan to improve public services
The Asian Development Bank (ADB) on Wednesday approved a $40 million policy-based loan to support the Government’s efforts to further enhance public service delivery. ...
Yatt Malai
https://kiripost.com/stories/adb-approves-40m-loan-to-improve-public-services
Deal inked for $19m biodiverse landscapes fund
The British Embassy Phnom Penh and the Secretary of State of the ministry of Environment on Thursday signed a memorandum of Understanding (moU), formalizing cooperation on the UK’s Biodiverse Landscapes Fund (BLF) in Cambodia. ...
Mon Sokeo
https://kiripost.com/stories/cambodia-deal-inked-for-19m-biodiverse-landscapes-fund
EU gifts $7M for fisheries reforms
To aid in the reform of Cambodia’s fisheries sector, approximately $7 million in funding has been allocated by the EU for the effort. ...
Ry Sochan
https://www.phnompenhpost.com/national/eu-gifts-7m-for-fisheries-reforms
World Bank approves $163m water and sanitation project
According to a statement from the World Bank on November 22, to assist Cambodia in its efforts to strengthen water and sanitation services, the project will reach more than 175,000 people in the target provinces of Battambang, Pursat, mondulkiri and Kandal. ...
Chhorn Raksmey
https://kiripost.com/stories/world-bank-approves-163m-water-and-sanitation-project
Cambodia sees almost 3.3m people celebrate New Year
Almost 3.3 million people celebrated ringing in the new year, with Phnom Penh the most popular destination, according to the ministry of Tourism (moT). ...
Yatt Malai
https://kiripost.com/stories/cambodia-sees-almost-33m-people-celebrate-new-year
PM allocates $450M to social protection system
Prime minister Hun manet has pledged almost $450 million to strengthen the country’s social protection system, with experts advising that transparency is essential in its delivery. ...
Chhorn Raksmey
https://kiripost.com/stories/pm-allocates-450m-to-social-protection-system
Jewellery exports hit $851M in ‘23; exhibition upcoming
Cambodia garnered over $851 million from the export of jewellery and precious stones to the international market in 2023, represents a surge of 261% increase compared to 2022, as per the ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/jewellery-exports-hit-851m-in-23-exhibition-upcoming
$30M credit guarantee scheme for rice inked
The state-owned Credit Guarantee Corporation of Cambodia (CGCC), Cambodia Rice Federation (CRF) and participating financial institutions (PFIs) signed an agreement on the $30 million Rice Export Guarantee Scheme (REGS) to help millers stockpile rice for milling, processing, exporting and making local value-added products. ...
Chea Vanyuth
https://www.khmertimeskh.com/501487226/30m-credit-guarantee-scheme-for-rice-inked/
