Cambodia seeks 1.7 billion SDR loan for development projects
Cambodia has unveiled ambitious plans to secure a loan of 1.7 billion in Special Drawing Rights (SDR), or $2.3 billion, in 2024 for the development of key sectors. ...
Thang Sinorn
https://kiripost.com/stories/cambodia-seeks-17-billion-sdr-loan-for-development-projects
Ministry sets December 1 to roll out model school system
The Ministry of Education, Youth and Sport has set December 1 for the opening of the academic year along with the introduction of the “model school” and the “model school award” at selected public schools. ...
Torn Vibol
https://www.khmertimeskh.com/501389466/ministry-sets-december-1-to-roll-out-model-school-system/
PWSA profit rises 35.62% in Q1
Public-listed Phnom Penh Water Supply Authority (PWSA) recently declared a profit of KHR 52.09 billion ($12.59 million) for the first quarter (Q1) of 2024, a rise of 35.62 percent compared to the same period last year. ...
Manoj Mathew
https://www.khmertimeskh.com/501504460/pwsa-profit-rises-35-62-in-q1/
Cambodia collects $3B in tax revenue in H1
The government generated $2,909 million in revenue from tax and customs in the first half of 2024, representing 46 percent of the target set for 2024, a report from the Ministry of Economy and Finance showed on Monday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501540290/cambodia-collects-3b-in-tax-revenue-in-h1/
Cambodia attracts $1.39 bln investment in first 2 months of 2024
Cambodia approved fixed-asset investment projects worth $1.39 billion in the first two months of 2024, a significant rise of about 500 percent compared to the same period last year, a Council for the Development of Cambodia (CDC)’s report said on Sunday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501454423/cambodia-attracts-1-39-bln-investment-in-first-2-months-of-2024/
Fresh sand ‘fraud’, claims NGO Mother Nature, as sand numbers between Taiwan and the government appear to be off by more than 1.5M tonnes
More than $30 million in Cambodian sand exports registered by Taiwan appear to be missing from Cambodia’s customs records, according to data from both governments, marking yet another large-scale discrepancy in the Kingdom’s figures on the trade. ...
Phak Seangly and Shaun Turton
http://www.phnompenhpost.com/national/fresh-sand-fraud-claims-ngo-mother-nature-sand-numbers-between-taiwan-and-government-appear
‘Ghost staff’ found, $1.7M returned to state coffers
The Ministry of Civil Service said more than seven billion riel ($1.7 million) in salaries for civil servants was returned to the state last year after it discovered that the books had been cooked to pay ‘ghost officials’. This is despite claims by the Ministry of ...
Long Kimmarita
https://www.phnompenhpost.com/national/ghost-staff-found-17m-returned-state-coffers
1,000 containers with raw material offer relief to Kingdom’s factories
Prime Minister Hun Sen on Saturday announced the arrival of 12 ships containing more than 1,000 containers of raw materials from China at Sihanoukville Autonomous Port to supply struggling garment factories in the Kingdom. ...
PM forecasts economic contraction of 1.9 percent this year
Prime Minister Hun Sen recently predicted that the country’s economy may contract 1.9 percent this year due to the COVID-19 pandemic. In a circular on budget planning for 2021-2023, he said Cambodia has recorded a strong fall in demand from its trading partners. ...
Khmer Times Staff
https://www.khmertimeskh.com/50733913/pm-forecasts-economic-contraction-of-1-9-percent-this-year/
Cambodia-Thailand trade hit $3.1 billion in four months
The two-way trade between Cambodia and Thailand hit $3.1 billion in four months of this year, up 18.3 percent year-on-year, the Cambodian Embassy in Thailand said. ...
Khmer Times Staff
https://www.khmertimeskh.com/50733994/cambodia-thailand-trade-hit-3-1-billion-in-four-months/
Former undersecretary of state charged over 1,000-hectare grab
Phnom Penh Municipal Court on Saturday charged and jailed a former undersecretary of state for allegedly grabbing about 1,000 hectares of state land in Mondulkiri province. ...
Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50739066/former-undersecretary-of-state-charged-over-1000-hectare-grab/
Cambodia’s energy demand drops in H1 of 2020
Energy demand has seen a decrease in the first six months of 2020 due to COVID-19 pandemic, which had forced factories, tourism-related facilities including hotels to shut down, leading to the drop in power consumption. ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50755733/cambodias-energy-demand-drops-in-h1-of-2020/
France provides $1.7million for Cambodia’s tourism sector
The French government, through the French Agency for Development (AFD), has provided a grant of 1.5 million euro ($ 1.7 million) to help restore Cambodia’s post-Covid-19 tourism sector, according to the Ministry of Tourism. ...
Khmer Times Staff
https://www.khmertimeskh.com/50748433/france-provides-1-7million-for-cambodias-tourism-sector/
Japan donates nearly $1 million for Cambodia’s vaccination roll-out
The Japanese government has donated nearly $1 million to Cambodia through UNICEF to support the Cambodian government in its COVID-19 vaccination efforts. ...
Rhea Mae Soco
https://www.khmertimeskh.com/50833185/japan-donates-nearly-1-million-for-cambodias-vaccination-roll-out/
Phnom Penh Autonomous Port maintains growth in Q1
Locally-listed Phnom Penh Autonomous Port (PPAP) reported $7,770,742 in revenue for the first quarter of 2021, up 2.19 percent over the $7,603,877 posted in the corresponding period last year. ...
Hin Pisei
https://www.phnompenhpost.com/business/phnom-penh-autonomous-port-maintains-growth-q1
Locally-made electric auto-rickshaw on sale by end of 2021, maker says
Onion Mobility Co Ltd has unveiled a bunch of prototypes of its upcoming Onion T1 electric auto-rickshaw, to be produced domestically and put on sale within the year. The prototypes were flown in last week from South Korea and showcased publicly on March 28. ...
Hin Pisei
https://www.phnompenhpost.com/business/locally-made-electric-auto-rickshaw-sale-end-2021-maker-says
$1.37B worth of imports, exports pass through SSEZ
The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) reached $1.373 billion in the first eight months of 2021, an increase of 44.37 per cent year-on-year, the operator reported. ...
Thou Vireak
https://www.phnompenhpost.com/business/137b-worth-imports-exports-pass-through-ssez
Cambodia exported 1,204 tonnes of agricultural products to South Korea
A total 1,204 tonnes of agricultural products were exported to the Republic of Korea in the first nine months of this year, a 106 percent increase compared to a year before. ...
Khmer Times Staff
https://www.khmertimeskh.com/50959981/cambodia-exported-1204-tonnes-of-agricultural-products-to-south-korea/
Cambodia set to receive 1 million doses of Sinovac this month
Prime Minister Hun Sen said that Cambodia will receive another 1 million doses of Sinovac from China this month. ...
Yim Sreylin
https://www.khmertimeskh.com/50962722/cambodia-set-to-receive-1-million-doses-of-sinovac-this-month/
Over 1,834 SMEs benefit from $221 million loans
The SME Bank of Cambodia has said 1,834 small and medium-sized enterprises (SME) benefitted from loans under the phase II financing scheme as of May 31 this year, which involved $221 million – about 92 percent of the total funding budget of $240 million. ...
Sok Sithika
https://www.khmertimeskh.com/501089865/over-1834-smes-benefit-from-221-million-loans/
