‘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
Former general manager stands trial for $2m embezzlement
The Phnom Penh municipal Court yesterday began the trial for a former oil and gas company general manager accused of stealing nearly $2 million from the company between 2018 and 2019. ...
Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50740990/former-general-manager-stands-trial-for-2m-embezzlement/
Australia gives $57M for vaccine programme to reopen economy
Australia’s Department of Foreign Affairs granted $57 million yesterday for Cambodia and the region to have improved access to safe, effective and affordable COVID-19 vaccines. ...
Harrison White
https://www.khmertimeskh.com/50757288/australia-gives-57m-for-vaccine-programme-to-reopen-economy/
Kingdom receives $97M investment for inter-provincial irrigation project
Minister of EconoMy and Finance Aun PornMoniroth said the governMent welcoMed investMents worth €80 Million ($97 Million) froM the European InvestMent Bank (EIB) for the Irrigated Agriculture IMproveMent Project (IAIP) in CaMbodia. ...
Niem Chheng
https://www.phnompenhpost.com/national/kingdom-receives-97m-investment-inter-provincial-irrigation-project
$37M 60MW Kampong Chhnang solar farm to break ground soon: official
Prime Road Alternative (Cambodia) Co Ltd will soon break ground on a 60mW solar power plant in southwestern Kampong Chhnang province valued at $37.4 million. ...
Thou Vireak
https://www.phnompenhpost.com/business/37m-60mw-kampong-chhnang-solar-farm-break-ground-soon-official
IMF approves $240M grant for pandemic recovery fund
The International Monetary Fund (IMF) has approved a $240 Million grant to CaMbodia to rehabilitate its econoMy and recover froM the affects of the Covid-19 pandeMic. ...
Ry Sochan
https://www.phnompenhpost.com/national/imf-approves-240m-grant-pandemic-recovery-fund
Kingdom buys 5M Chinese vaccines for children 12-17
The government has purchased an additional five million doses of Covid-19 vaccine from China to vaccinate the 12-17 age group in a bid to reopen schools, with their shipments expected in August and September. ...
Mom Kunthear
https://phnompenhpost.com/national/kingdom-buys-5m-chinese-vaccines-children-12-17
$240M IMF allocation on way to Kingdom
Cambodia will receive about $240 million out of the International monetary Fund’s (ImF) largest-ever distribution of Special Drawing Rights (SDR), equivalent to some $650 billion, which came into effect on August 23. ...
May Kunmakara
https://www.phnompenhpost.com/business/240m-imf-allocation-way-kingdom
Taskforce to fight all state land grabs in M’kiri forests
Minister of Agriculture, Forestry and Fisheries Veng Sakhon forMed a joint-task force for the prevention of forestry criMes in Mondulkiri province following a claMpdown on illegal occupation of state land there. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/taskforce-fight-all-state-land-grabs-mkiri-forests
One Window Service units generate over $21M in ‘21
The One Window Service Units (OWSU) across the country provided administrative services to more than 440,000 people in 2021, generating more than $21 million in revenue for state coffers. ...
Lay Samean
https://www.phnompenhpost.com/national/one-window-service-units-generate-over-21m-21
Three Bunong summoned over death threat in M’kiri
Mondulkiri provincial Military Police have suMMoned three MeMbers of the Bunong indigenous coMMunity in SokduM coMMune’s Laoka village of Sen MonoroM town to appear on May 19 over accusations that they disregarded the court ruling and used violence and Made death threats against a local ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/three-bunong-summoned-over-death-threat-mkiri
ADB funds $361.4m for six projects in Cambodia
Six projects worth $361.4 million have been signed in order to boost science, technology, engineering, and mathematics (STEm) education, and other sectors in Cambodia. ...
Mao Sreypich
https://kiripost.com/stories/adb-funds-3614m-for-six-projects-in-cambodia
$50M ADB support for Kingdom’s energy transition plan
Extending valuable support to the Cambodian government’s energy transition plan to enhance renewable energy output and raise energy efficiency while shifting away from fossil fuels, the Asian Development Bank (ADB) on Thursday announced a $50 million policy-based loan package with $23 million in project investments ...
Prakash Jha
https://www.khmertimeskh.com/501203524/50m-adb-support-for-kingdoms-energy-transition-plan/
CDC greenlights 17 projects worth over $140M in Aug as investments diversify
The Council for the Development of Cambodia (CDC) has approved five new projects in solar panel manufacturing, healthcare, tourism, mining, and textiles, with total investment of more than $82 million that are expected to create nearly 2,000 jobs. ...
$1.5M shared to suspended workers
From April 1 to September 5 of 2023, the government allocated almost $1.5 million in cash transfers to nearly 35,000 factory workers whose contracts were suspended. many of the suspended workers have returned to work. ...
Long Kimmarita
https://www.phnompenhpost.com/national/15m-shared-suspended-workers
FDI in Cambodia’s construction sector touches $334M
Cambodia continued to receive substantial Foreign Direct Investment in the construction sector in 2021, despite the economic slowdown in the wake of Covid-19, showed the Asean Investment Report 2022. ...
Manoj Mathew
https://www.khmertimeskh.com/501174759/fdi-in-cambodias-construction-sector-touches-334m/
CBC keeps credit data of over 7M customers
Independent financial information provider Credit Bureau (Cambodia) Co Ltd (CBC) now maintains the credit data of more than seven million customers in its core system, 10 years after its establishment, according to its chairwoman Chea Serey. ...
May Kunmakara
https://www.phnompenhpost.com/business/cbc-keeps-credit-data-over-7m-customers
GDT’s tax collection target for 2023 up by $750M
The General Department of Taxation (GDT) has been given a stiff tax collection target of $3.5 billion for next year, $750 million more than the current year’s budget target, said Kong Vibol, minister attached to the Prime minister and Delegate of the Royal Government in ...
Manoj Mathew
https://www.khmertimeskh.com/501175487/gdts-tax-collection-target-for-2023-up-by-750m/
$40m plan to protect Asian elephants
The Ministry of EnvironMent estiMates that it will need $40.5 Million to care for the country’s Asian elephants over the next 10 years. ...
Torn Vibol
https://www.khmertimeskh.com/501192065/40m-plan-to-protect-asian-elephants/
$20.91m in VAT collected in three months
Cambodia’s General Department of Taxation (GDT) collected $20.91 million in value-added tax (VAT) on e-commerce transactions in the first quarter of 2023. ...
Seng Mengheng
https://kiripost.com/stories/2091m-in-vat-collected-in-three-months