Kingdom, US discuss Covid funding to rebuild economy

Publication date 24 September 2020 | 21:11 | ICT

The US will provide additional financing to the Cambodian government to help rebuild the economy ravaged by the Covid-19 crisis, US ambassador to Cambodia Patrick Murphy said on Wednesday.



  • Steelworks in Kampong Speu set to fire up soon

    Tue, 22 Sep 2020 | 10:54

    Chinese-owned Hong De Sheng (Cambodia) Steel Co Ltd’s $16.7 million steelworks in Kampong Speu province’s northeastern Oudong district is set to start operations soon.

  • Japan firm plans deeper push into agro-tourism

    Tue, 22 Sep 2020 | 10:54

    Japan's Yamato Green Co Ltd wants to further invest in Cambodia’s agro-tourism sector to do its part in revitalising the Covid-19-wracked tourism industry.

  • Pursat solar farm in test phase

    Tue, 22 Sep 2020 | 10:53

    A 30MW solar power station located in Pursat province’s eastern Krakor district has been connected to the national grid as it enters its testing and commissioning phase.

  • SHB files for listing on HCMC exchange

    Tue, 22 Sep 2020 | 10:52

    Vietnam-based financial institution Saigon-Hanoi Commercial JSC (SHB) has filed to list more than 1.75 billion shares on the Ho Chi Minh Stock Exchange (HoSE).

  • Concerns stirring about corporate Malaysia

    Tue, 22 Sep 2020 | 10:51

    The financial woes of two large and prominent local companies are stirring concerns about the overall health of corporate Malaysia – particularly debt-laden publicly listed entities – amid the Covid-19 pandemic.

  • Calls for caution on 284 business bills in SK

    Tue, 22 Sep 2020 | 10:50

    The Korea Chamber of Commerce and Industry (KCCI), which represents South Korean businesses, has called on lawmakers to carefully discuss bills that may greatly affect corporate management.

  • Korea’s Samsung Biologics signs $330M contract with AstraZeneca

    Tue, 22 Sep 2020 | 10:49

    South Korea’s Samsung Biologics signed to contract manufacture Cambridge-based pharmaceutical company AstraZeneca’s biologics drug for its global distribution, the company said on Tuesday.

  • PM: Kingdom still a good investment

    Mon, 21 Sep 2020 | 10:49

    Prime Minister Hun Sen on Monday told US companies and investors that although Covid-19 has slowed the growth of Cambodia’s economy, the government has proactively taken measures to keep business activities afloat and the country remains a good investment destination for US firms.

  • TikTok Global set to launch IPO, parent company says

    Mon, 21 Sep 2020 | 10:48

    TIKTOK Global plans to hold a public listing, its Chinese parent company ByteDance Ltd said on Monday, after announcing a deal over the weekend that would avert a shutdown of the popular app in the US.

  • Property investors increasingly eye Kampot

    Mon, 21 Sep 2020 | 10:47

    A local and Chinese joint-venture – Gold Coast International Development Co Ltd – plans to invest nearly $25 million in the construction of a mixed commercial centre in Kampot province, a coastal area with potential for tourism and real estate.