News
Mixed feelings toward dredging-fuelled fund
Minister of Mines and Energy Suy Sem on December 6 announced in Koh Kong province the creation of a community fund of nearly $40,000 for Koh Sralao village, according to a ministry official, who said the funds came from a 2-cent-per-cubic-metre levy imposed on sand dredgers ...
With HIV rates declining, drug treatment funding shrinks
Drug treatment programs are being cut back even as rates of abuse rise—with one organization describing the situation as a “crisis”—because most funding is tied to HIV prevention and the prevalence of the virus is decreasing, health experts said. “Virtually all civil society funding related ...
China funds Mekong road construction
The Chinese government has funded construction of a 22.5 km road along the Mekong River linking Tonpheung district in Bokeo province with Sing district in Luang Namtha province to facilitate transport and boost northern development. A signing ceremony for construction of the US$32.7 million road ...
European Union, CARE support nutrition project in Northern provinces
The European Union and CARE Denmark are providing over 2 million euro to support food and nutrition security projects in Luang Namtha and Phongsaly provinces. The four-year project on promoting agricultural production to improve food and nutrition security through multi-sector coordination were signed by CARE ...
CPF acquires China's Cofco Meat Suqian
In its latest big buy, Charoen Pokphand Foods Plc, the SET-listed flagship of agribusiness giant Charoen Pokphand Group, has acquired Cofco Meat Suqian for 976 million baht. Through Chia Tai China Investment Co, an indirect subsidiary of CPF in China, CPF will also take over ...
Central bank orders lenders to step up lending in riel
Cambodian microfinance institutions have said they would comply with a new regulation issued by the central bank that requires them to hold at least 10 percent of their loan portfolio in the Kingdom’s national currency. A prakas published by the National Bank of Cambodia on ...
Cambodia seals health pacts with China
Cambodia and China signed agreements on December 6 to build capacity in Cambodia’s health services, expand technology and fight the spread of diseases. After the official signing of four agreements, Health Minister Mam Bun Heng said the Chinese help would include preventing the spread of threats ...
Industrial rail project gathers steam with government push
Transport Minister Sun Chanthol has vowed to reinvigorate a long-dormant project to connect the Kingdom’s sole operating railway line to the capital’s biggest industrial park – a move that would boost rail traffic ahead of the completion of a rail link to northwestern Cambodia and ...
Floods spread to 12 provinces
Households and businesses in the South have been hit hard by flooding while all train services heading to the lower part of the region suspended after tracks were damaged by floodwater. At least 12 provinces in the South have been affected by flooding which began ...
What does the possible end of the TPP mean for the Mekong Delta projects?
China and Japan remain committed to the region; matter of time before private investment picks up. The future of the U.S.-led Trans-Pacific Partnership agreement looks increasingly unlikely to progress in the wake Donald Trump’s U.S. election victory. And Vietnam, once touted as one of the ...
