News

French agency donates €2 million towards virus laboratories in Cambodia and the region

The French Development Agency (AFD) has provided an additional €2 million ($2.19 million) to the ECOMORE II project, to assist Cambodia and the regions direct response to the COVID-19 epidemic. ...

Harrison White
https://www.khmertimeskh.com/50719351/french-agency-donates-e2-million-towards-virus-laboratories-in-cambodia-and-the-region/

Cambodia gets $118M in sovereign loans from AFD

Agence Francaise de Developpement (AFD) has provided Cambodia with a sovereign loan of 118 million euros ($121 million) for two projects – one to build the Bakheng water treatment plant and another to develop competitive skills. Minister of Economy and Finance Aun Porn Moniroth who ...

Ry Sochan
https://www.phnompenhpost.com/national/cambodia-gets-118m-sovereign-loans-afd

Training centre to help locals climb ladder at garment firms

The Garment Manufacturer Association of Cambodia (GMAC) will launch its new vocational training centre next month, providing courses aimed at upgrading the skills of Cambodian workers in a bid to replace the middle-management positions currently occupied predominantly by foreigners. ...

Hor Kimsay
http://www.phnompenhpost.com/business/training-centre-help-locals-climb-ladder-garment-firms

Helping Cambodia move up

The Agence Française de Développement (AFD) opened its office in the capital in September 1993. Today, the AFD provides direct funding in the field of agriculture and agro-industry, infrastructure development, manufacturing sector and vocational training. Since 1993, the AFD has given grants of more than ...

Tin Sokhavuth
http://www.khmertimeskh.com/news/25546/helping-cambodia--move-up/

Tourism ministry to build vocational schools

The government plans to build two vocational training centers in Phnom Penh and Sihanoukville in an effort to strengthen the competitiveness of the tourism sector in Cambodia, the minister of tourism said Monday. ...

Peter Ford and Kang Sothear
https://www.cambodiadaily.com/news/tourism-ministry-to-build-vocational-schools-95017/

Solar financing on the way

A program to provide credit to people to buy home solar panels is set to launch this month after three microfinance organizations agreed to sign on, said Arjen Luxwolda, managing director of solar provider Kamworks. ...

Igor Kossov
http://www.khmertimeskh.com/news/15590/solar-financing-on-the-way/

GMAC to create new training institute

The Garment Manufacturers Association in Cambodia (GMAC) has begun seeking technical advisors to assist in the creation of a Cambodia Garment Training Institute. ...

Sean Teehan
http://www.phnompenhpost.com/national/gmac-create-new-training-institute

Acleda takes out $10 Million

Acleda Bank has signed a $US10 million loan agreement   with Proparco, a development finance institution held in part by the Agence Francaise de Développement (AFD), according to a statement released on Wednesday. With the Kingdom’s financial sector expanding rapidly and a growing demand for banking and ...

http://www.phnompenhpost.com/index.php/2012090758553/Business/acleda-takes-out-10m-loan.html

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