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Port unveils $200m expansion

Sihanoukville Autonomous Port (SAP) is to build a $200 million container terminal as part of an expansion project due to be completed by 2022. ...

Sok Chan
http://www.khmertimeskh.com/news/38014/port-unveils--200m-expansion/

$400m solar project launched

Global Purify Power (GPP), a joint venture behind $400 million worth of solar powered projects, started groundbreaking work on Friday with more than $10 million worth of investment in Kampong Speu province. ...

May Kunmakara
http://www.khmertimeskh.com/5082184/400m-solar-project-launched/

$50m boost for farming

The Asian Development Bank approved $50 million in additional financing to help boost agricultural productivity and improve smallholder farmers’ access to markets in 271 communes in the Tonle Sap basin, which is prone to natural calamities.​ ...

Sonny Inbaraj Krishnan
http://www.khmertimeskh.com/5083836/50m-boost-farming/

$540m Mekong project endorsed

Environment ministers from the six countries of the Greater mekong subregion endorsed a five-year environment agenda that includes more than $540 million worth of projects to spur green investments and increase environmental cooperation to help the subregion achieve sustainable growth. ...

Khy Sovuthy
http://www.khmertimeskh.com/50106157/540m-mekong-project-endorsed/

Okvau explorer raises $10m

Renaissance Minerals has raised $10 Million for its gold-Mining prograM at the Okvau deposit, in Mondulkiri province. The Australian coMpany had estiMated the area contained 729,000 ounces of gold. Renaissance’s biggest challenge would be to finance the project by equity investMents world-wide, TreMain said. Renaissance is ...

http://www.phnompenhpost.com/2013010960685/Business/okvau-explorer-raises-10m.html

$2m missing: telecom staff

More than 200 eMployees of TelecoM CaMbodia deMonstrated yesterday Morning, deManding the coMpany’s general director step down and that the Anti-Corruption Unit investigate the coMpany. The strikers claiMed general director Lao Saroeun had been involved in large-scale eMbezzleMent, other forMs of corruption and disrespect ...

http://www.phnompenhpost.com/2013021461353/National/2m-missing-telecom-staff.html

M’kiri indigenous rally blocked

Hundreds of indigenous peoples in Mondulkiri are planning to lodge a coMplaint with the National AsseMbly and relevant Ministries to deMand the ouster of the provincial governor after authorities yesterday pre-eMptively shut down celebrations in honour of the International Day of the World’s Indigenous Peoples. ...

Phak Seangly and Ethan Harfenist
http://www.phnompenhpost.com/national/mkiri-indigenous-rally-blocked

Cambodia receives $3m grant

Cambodia will receive a grant of US$3.3 million from the World Trade Organisation to support rice milling, silk production and development of the Department of International Cooperation, according to Heng Sovannarith, communication officer for Trade Wide Sector Approach. Sovannarith said the ministry of Commerce would receive the grant from ...

http://www.phnompenhpost.com/index.php/2012092758950/Business/cambodia-granted-3m-for-development.html

Low pay fuels anger among Cambodia's garment workers

As night falls thousands of weary workers stream from textile factories that fan out across Phnom Penh’s outskirts. The clothing industry’s desire for cheap labour having created an abundance of jobs but as the number of international clothes companies tapping into Cambodia’s workforce grows, so does ...

http://www.channelnewsasia.com/stories/afp_asiapacific/view/1259888/1/.html

Cambodia PM says garment firms may quit over wage rows

Cambodia’s strongman Prime minister Hun Sen on Wednesday warned garment workers that protests demanding higher wages could push manufacturers to quit the country. His appeal came after unions last week said hundreds of workers had been fired from a factory making sportswear for US giant Nike ...

http://au.news.yahoo.com/thewest/a/-/world/17673882/cambodia-pm-says-garment-firms-may-quit-over-wage-rows/

Major Brands Confront Cambodian Leader Over Use of Force

A coalition of 30 brands and three global unions have sent a letter to Cambodian Prime minister Hun Sen calling for an investigation into the recent use of deadly force against striking garment-sector workers. The letter, dated Friday, urged the government to launch a new process ...

Kate O'keeffe and Sun Narin
http://online.wsj.com/news/articles/SB10001424052702304027204579330201431431652?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702304027204579330201431431652.html

Flood costs to surpass $100m

PERSISTENT flooding in several areas of the Kingdom could result in more than US$100 million worth of damage, the National Committee for Disaster management said yesterday. Flood waters have killed 207 people since early September and forced more than 32,000 families from their homes, according to ...

http://www.phnompenhpost.com/index.php/2011101152037/Business/flood-costs-to-surpass-100mn.html

Higher education reform gets $90M

Cambodia’s higher education sector – which education officials last month said lacks a clear vision – will undergo improvements under a six-year project financed by a $90 million no-interest loan from the World Bank. ...

Yesenia Amaro
https://www.phnompenhpost.com/national/higher-education-reform-gets-90m

Japan provides $52M in grants

The Japanese government has provided more than $52 million in grants for Cambodia’s socio-economic development projects so far this year, the ministry of Foreign Affairs and International Cooperation said. ...

Thou Vireak
https://www.phnompenhpost.com/business/japan-provides-52m-grants

Savuth summoned over M’kiri ELCs

The Mondulkiri Provincial Court has suMMoned Ministry of Agriculture, Forestry and Fisheries secretary of state Chan Savuth to appear on SepteMber 12 for questioning over his alleged granting of econoMic land concessions (ELCs). ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/savuth-summoned-over-mondulkiri-elcs

Cambodia, ADB discuss $30m loan

The Ministry of TourisM has begun discussions with the Asian DevelopMent Bank (ADB) over a $30-Million loan to fund infrastructure in coastal provinces that would support tourisM developMent. The governMent has announced plans to use the Money to build two seaports in Preah Sihanouk province – ...

Chea Vannak
https://www.khmertimeskh.com/50555099/cambodia-adb-discuss-30m-loan/

CDC approves $600m in investments

The Council for the Development of Cambodia (CDC) last week approved 11 projects worth nearly $600 million. According to a post on CDC’s Facebook page yesterday, 11 projects were greenlighted on June 5-7, amounting to a total investment of $597 million. CDC estimates the projects will generate ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50612918/cdc-approves-600m-in-investments/

Angkor hosts 2.6M visitors

The Angkor Archaeological Park welcomed nearly 2.6 million international visitors last year, generating more than $100 million in revenue, a statement from the state-run Angkor Enterprise released on Tuesday said. ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/angkor-hosts-26m-visitors

Japan gives $3M for scholarships

The Japanese government will continue providing scholarships to young Cambodian government officials wishing to study in Japan, continuing a tradition of bilateral scholarship that began in 2000, officials said yesterday. ...

Ros Chanveasna
http://www.khmertimeskh.com/news/25924/japan-gives--3m-for-scholarships/

Renewables receive $30M funding boost

The Ministry of Mines and Energy has received $30 Million in funding froM the Scaling Up Renewable Energy in Low-IncoMe Countries PrograM (SREP) – an arM of the global CliMate InvestMent Funds initiative – for a solar energy developMent prograM that includes hoMe systeMs, Mini-grids ...

Kali Kotoski
http://www.phnompenhpost.com/business/renewables-receive-30m-funding-boost

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