World Vision Cambodia aid over 4.5M vulnerable people
World Vision Cambodia (WVC) has extended a helping hand to more than 4.5 million vulnerable individuals, with a major focus on the country’s youth. In light of these achievements, the organisation has announced a strategic five-year plan to ensure sustainable wellbeing for an additional five ...
Long Kimmarita
https://www.phnompenhpost.com/national/world-vision-cambodia-aid-over-45m-vulnerable-people
ADB prepare $200M water package
The Ministry of Water Resources and Meteorology and representatives of the Asian DevelopMent Bank (ADB) Met for talks on June 27 to discuss long-terM investMent in projects that would support the Ministry’s crucial functions. Following negotiations, the ADB prepared a new $200 Million package of ...
Bor Pich Zelin
https://www.phnompenhpost.com/national/adb-prepare-200m-water-package
Ministry sees 4.5M tourists in 2023
Cambodia received more than 2.16 million international visitors during the first five months of the year, representing 75 per cent of numbers recorded in the same period of the pre-pandemic year of 2019. minister of Tourism Thong Khon said the ministry hopes to see the ...
Van Socheata
https://www.phnompenhpost.com/business/ministry-sees-45m-tourists-2023
AFD pledges $435m for Cambodian development projects
AFD has pledged to pump its largest amount of funding to date into Cambodia in the form of $435 million to fund a raft of projects, with priority given to water and sanitation, agriculture, energy and vocational training sectors. ...
Marissa Carruthers
https://kiripost.com/stories/afd-pledges-435m-for-cambodian-development-projects
Revenues from ports at $130M: Chanthol
The Sihanoukville and Phnom Penh ports generated a total of nearly $130 million in revenues last year, according to minister of Public Works and Transport Sun Chanthol. ...
Sem Pisey
https://www.phnompenhpost.com/national/revenues-ports-130m-chanthol
NEC prepares 13M ballots for July 23 election
The National Election Committee (NEC) announced the successful printing of over 13 million ballot papers. The ballots are set to be dispatched to provinces throughout the country on July 18, a strategic move scheduled five days ahead of the July 23 general election. ...
Kim Yutharo
https://www.phnompenhpost.com/national/nec-prepares-13m-ballots-july-23-election
Cambodia planning $100M in bond issue
The government plans to issue a $100 million sovereign bond in 2024. The move aims to raise additional funds through the capital market to support public investment projects, while also repaying the principal and interest of previous issuances. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-planning-100m-in-bond-issue
Cart Tire revving up to raise capital investment to $700M
A Chinese car tyre manufacturer is planning to increase its investment in Cambodia by raising its capital to approximately $700 million, in a move aimed at enhancing production capacity and expanding exports to additional international markets. ...
Hin Pisei
https://www.phnompenhpost.com/business/cart-tire-revving-up-to-raise-capital-investment-to-700m
10 investment projects worth $60m given green light
On Wednesday, the Council for the Development of Cambodia (CDC) announced the release of 10 investment projects worth $60 million in textile, garment, footwear, and manufacturing industries, creating 12,695 jobs. ...
Yatt Malai
https://kiripost.com/stories/10-investment-projects-worth-60m-given-green-light
Kingdom’s food delivery business to net $170M
The food delivery business in Cambodia that got its momentum during the Covid-19 lockdowns is expected to make further strides and net a revenue of $170.2 million by the end of the current year. ...
Jigmee Palden Pazo
https://www.khmertimeskh.com/501493191/kingdoms-food-delivery-business-to-net-170m/
IFC seeks more Australian partnerships in emerging markets
INTERNATIONAL Finance Corporation, the private-sector arm of the Washington-based World Bank, has invested $US805 million ($770m) in Australian projects around the world These projects are in 24 countries and in sectors ranging from financial services to infrastructure. IFC is an investor in three macquarie Group-sponsored infrastructure ...
Tuk-Tuk, Motorbike Drivers Want Vehicles Back
A dozen tuk-tuk and motorcycle-taxi drivers who say their vehicles were confiscated after police suppressed a demonstration in Phnom Penh last week gathered outside City Hall on Wednedsay to demand the return of their property. The drivers waited from 12 p.m. until 5 p.m. hoping to ...
Mech Dara
http://www.cambodiadaily.com/news/tuk-tuk-motorbike-drivers-want-vehicles-back-51555/
Gov’t bans alcohol ads to reduce traffic deaths
Television and radio stations will be barred from broadcasting advertisements for alcohol during the primetime 6 p.m. to 8 p.m. slot beginning next month, as part of the government’s effort to reduce the number of fatalities resulting from drunk driving, officials at the ministry of ...
CNRP Marches Through Phnom Penh, Delivers Petition to UN
More than 10,000 opposition CNRP supporters Marched froM FreedoM Park to the U.N.’s huMan rights office in PhnoM Penh on Wednesday to deliver a petition urging signatories of the 1991 Paris Peace AgreeMent to intervene in the country’s current political deadlock. The March Marked the cliMax ...
The Cambodia Daily News Staff
http://www.cambodiadaily.com/elections/cnrp-marches-through-phnom-penh-delivers-petition-to-un-45737/
Okvau gold project funding to add $51M
Australian-listed mining firm Emerald Resources NL on monday announced plans to raise A$75 million (US$51 million) in funds for its mondulkiri-based Okvau gold project with two placements of 1.875 billion new shares. The first is an unconditional placement for approximately A$30.5 million and the second ...
Thou Vireak
https://www.phnompenhpost.com/business/okvau-gold-project-funding-add-51m
Senate posed to sign off on 1,000 mW power project
The Senate will convene today for an extraordinary session to discuss the approval of three new power plants which will cumulatively generate nearly 1,000 mW. ...
Chea Vannak
https://www.khmertimeskh.com/50708399/senate-posed-to-sign-off-on-1000-mw-power-project/
PAS to pay $3M in dividends
State-owned port operator Sihanoukville Autonomous Port (PAS) has announced that it will disburse dividend payments totalling nearly $3 million to its shareholders on June 22. ...
May Kunmakara
https://www.phnompenhpost.com/business/pas-pay-3m-dividends
IDPoor cardholder list grows to 610,000, budget hits $28M
The fund to support poor families during Covid-19 increased to $28 million in July and 50,000 more poor people were added to the list, Prime minister Hun Sen said while visiting farmers in Takeo province on Tuesday. ...
Niem Chheng
https://www.phnompenhpost.com/national/idpoor-cardholder-list-grows-610000-budget-hits-28m
$28m allocated for round two of IDPoor scheme
The government has allocated $28 million to Wing agents nationwide to provide for the second round of payments for the equity card scheme, set to benefit some 610,000 poor and vulnerable families. ...
Khann Chanvirak
https://www.khmertimeskh.com/50749581/28m-allocated-for-round-two-of-idpoor-scheme/
$400m investment inked for another hydro project
SINOMACH China Heavy Machinery Co Ltd, the Ministry of Energy and Mines of CaMbodia and the CaMbodian National Electric Power Co forMally signed an iMpleMentation agreeMent, lease agreeMent and power purchase agreeMent for the build-operate-transfer (BOT) investMent project of the Shangddai Hydropower Station to utilise ...
Khmer Times Staff
https://www.khmertimeskh.com/50799201/400m-investment-inked-for-another-hydro-project/