Sathapana Bank Plc received a $50 million loan from Proparco, a subsidiary of Agence Francaise de Developpement (AFD) to increase lending by the bank to small and medium-sized enterprises (SmEs) and women entrepreneurs in Cambodia. ...

The Chinese Ministry of Ecology and EnvironMent, through Shenzhen Spark Co Ltd, provided equipMent for reducing carbon dioxide eMissions with a total value of $3 Million to the Ministry of EnvironMent. ...

Local developer 5LH Lorn City Development Co Ltd’s (Lorn City Group) $100 million residential project broke ground on February 22 morning in Preah Sihanouk, to meet the growing housing demand in the coastal province, the provincial administration said in the press release. ...

Cambodia generated more than $21 million in non-fiscal revenue from the mining sector in 2020, up slightly from the previous year. ...

Cambodia Rice Federation (CRF) members have received about $50 million in loans for working capital to buy paddy from farmers during the ongoing early-rice, or summer-autumn harvest season, which is expected to yield nearly three million tonnes, according to a senior CRF official. ...

Japan is expected to sign a concessional loan agreement worth 20 billion yen ($180 million) with the Kingdom this month for Covid-19 Crisis Response Emergency Support Loan Phase 2, the Cambodian ministry of Economy and Finance said on November 30. ...

The Ministry of Education, Youth and Sport has pledged to increase public school teachers’ wages to a MiniMuM of 1.5 Million riel by next year ...

Up to 211.2 billion riel or $52.2 million of e-commerce tax revenue was collected by the General Department of Taxation (GDT) in the first eight months of 2023 amid rapid online business growth around the world, including Cambodia. ...

According to Angkor Enterprise, 498,513 foreign tourists visited the park, which is an increase of 350.9 per cent from the same period in 2022, pushing up ticket revenue by 420 per cent year-on-year to $23.1 million. ...

Cambodia is set to receive more than $14 million in proceeds from the sale of nearly 300,000 barrels of crude oil stolen by the Bahamas-flagged tanker mT Strovolos last year following a payment dispute with the Apsara oil field’s Singaporean developer, KrisEnergy, according to a ...

Germany contributed an additional €16 million to support the Cambodia Health Equity and Quality Improvement Programme (H-EQIP). ...

Cambodia is planning to receive one million international tourists via the sea route by 2027 and will strengthen the Southern Tourism Corridor (STC) Cooperation as well, said Thong Rathasak, Director General of Tourism Development and International Cooperation of the ministry of Tourism, recently. ...

Despite the pandemic, Royal Group Phnom Penh SEZ Plc. has reported an increase in exports of $492.7 million for the first seven months of the year, marking 26 percent year-on-year (YOY) growth. ...

Cambodia received a total of $18.4 million for 23 projects as part of the Asian Development Bank’s trust fund, global fund, and special fund financing for projects and technical assistance, according to an ADB report. ...

Kampot provincial police arrested Chea Saron, who holds the honorific title Oknha, and his eight accomplices for alleged fraud perpetrated on over 2,000 families, bilking them out of nearly $40 million total through “scam” real estate projects. ...

Cambodia spent about $6.6 million to reward Cambodian medallists at the 32nd SEA Games and 12th ASEAN Para Games 2023, providing essential funds for awarded athletes to support their livelihoods and future training. ...

Cambodia’s four gold companies refined around 5,300 kg of gold ore, a semi-finished product that is smelted at a mine, as of 2022, paying royalties of $8 million and $1.5 million as tax income, a report from the ministry of Economy and Finance showed yesterday. ...

Prime minister Hun Sen said on monday that up to 1.5 million young people, who could not afford higher education, will be able to receive free vocational training with an additional stipend as the government seeks to produce more labor skills. ...

Cambodia earned $164.111 million from the export of “furniture, lighting signs, prefabricated buildings” in the first four months of 2023, down 28.82 per cent year-on-year from $230.544 million and down 52.01 per cent half-on-half (compared to July-October 2022) from $341.97 million, according to provisional Customs ...

The Ministry of Foreign Affairs and International Cooperation (MoFA) announced that CaMbodia will have two loan agreeMents totalling $188 Million signed with Japan on road connectivity and water supply. ...