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
Loan accounts reach 1.54M at end-2022: CBC
The total number of loan accounts reached 1.54 million nationwide in December, rising by 3.45 per cent “from the previous quarter”, according to the latest report from Credit Bureau (Cambodia) Co Ltd (CBC). ...
May Kunmakara
https://www.phnompenhpost.com/business/loan-accounts-reach-154m-end-2022-cbc
GDT collects over $300M in taxes for January
The General Department of Taxation (GDT) collected $300.59 million in tax revenue last month, or about 8.42 per cent of the $3.57170 billion target set in the 2023 Law on Financial management, marking a 4.29 per cent increase over January 2022. ...
Lay Samean
https://www.phnompenhpost.com/business/gdt-collects-over-300m-taxes-january
ThaiQR accessible at 1.5m Cambodian retailers
Thai tourists visiting Cambodia can now pay for goods easier after a bilateral agreement between the two countries was reached for cross-border QR payments. ...
Yatt Malai
https://kiripost.com/stories/thaiqr-accessible-at-150m-cambodian-retailers
CGCC gave $92m business loans in 2022
CGCC dished out more than $92 million in 985 business loans in 2022, providing a financial lifeline to companies battling against the impact of Covid-19 and global inflation. ...
Mao Sreypich
https://kiripost.com/stories/cambodia-cgcc-gave-92m-business-loans-in-2022
$4m pumped into improving nutrition in schools
The Ministry of Education, Youth and Sport (MoEYS) has pledged to spend $4 Million this year to provide food to school children by using coMMunity-based agricultural products to proMote nutrition and education in areas of high poverty and vulnerability. ...
Chhorn Raksmey
https://kiripost.com/stories/cambodia-4m-pumped-into-improving-nutrition-in-schools