$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 ...
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 ...
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
China gives $240m in aid
China has granted $240 million aid to Cambodia under agreements signed by Prime minister Hun Sen on a state visit to Beijing. ...
Ven Rathavong
http://www.khmertimeskh.com/news/38482/china-gives--240m-in-aid/
Japan donates $8m to CMAC
The government of Japan yesterday donated about $8 million to the Cambodian mine Action Centre, to support its demining operations and victim assistance. Heng Ratana, CmAC general director, met with members of a technical team from the Japan International Cooperation System to review progress on the ...
Khuon Narim
http://www.khmertimeskh.com/50104212/japan-donates-8m-to-cmac/
M’sia eyes green energy investment
A dozen Malaysian coMpanies involved in green energy yesterday opened a showrooM in PhnoM Penh to display their products, ranging froM solar panels to energy efficient LED lighting. ...
Chea Vannak
http://www.khmertimeskh.com/news/31656/m---sia-eyes-green-energy-investment/