Daily Archives: June 5, 2020

Novavax Awarded Department of Defense Contract for COVID-19 Vaccine

$60 million funding for manufacturing of NVX-CoV2373 10 million doses to be delivered to DoD in 2020 GAITHERSBURG, Md., June 04, 2020 (GLOBE NEWSWIRE) — Novavax, Inc. (NASDAQ: NVAX), a late-stage biotechnology company developing next-generation vaccines for serious infectious diseases,

The ‘Respectable’ Faces That Help Cambodia’s Elite Loot the Country

In August 1990, one year before he took up his role as U.S. ambassador to Cambodia, Charles Twining wrote that “the Phnom Penh regime is … acquiring a significant reputation for corruption.” Three decades later the country has the same

National Revenues in First Four Months – US$2 Billion

Cambodia’s national revenues reached US$2 billion for the first four months of 2020 – an increase of about 10 percent compared to the same period last year. The update was shared recently by the Ministry of Economy and Finance, adding

Government Allots US$166 Million for Sub-national Health Services

Royal Government of Cambodia has decided to transfer US$166 million to municipal and provincial administrations to manage their respective health service provision. The decision was unveiled by Deputy Prime Minister and Minister of Interior Samdech Kralahom Sar Kheng while presiding

COVID-19 Is Worst Pandemic Since Hong Kong Flu: World Bank

The World Bank says COVID-19 is the worst pandemic since the Hong Kong flu, a disease caused by a virus emerging more than 50 years ago that is still circulating today. In a chapter on the outbreak in its upcoming

A Cambodian Intellectual and Foreign Partner Share Perspective on China-US Relations during COVID-19 Outbreak

COVID-19: Challenging Times for Global Powers Politics is an article written by a Cambodian scholar and his foreign partner to share important perspectives over the relations between China and the US, particularly at this critical time of global COVID-19 outbreak.

Visa Partners with Caltex to Bring Contactless Payments to Petrol Stations for the First Time in Cambodia

Visa, the world’s leader in digital payments, today announced that Caltex has become the first petrol station chain in Cambodia to offer contactless payments at 18 of its stations nationwide. According to Visa’s press release, drivers in Cambodia will now

2020 ASEM Senior Officials’ Meeting to Happen Early July

Cambodia is preparing for the ASEM Senior Officials’ Meeting Retreat in early July to kick-start the 13th Asia-Europe Meeting (ASEM) Summit preparation. The progress was shared with AKP by H.E. Luy David, Secretary of State at the Ministry of Foreign

Wind Energy Expected to Light Up Soon

Energy generated from commercial wind turbine in Cambodia is expected to become a reality soon, as power firm and electricity authority are in talks to finalise the power purchase agreement. Singapore-based The Blue Circle has conducted talks over the price

US$41.4 Million Grant Aid from Japan to Support Three Development Projects in Cambodia

The Government of Japan will extend approximately US$41.4 million in grant aid to Cambodia to implement three development projects in the areas of education and health. The Exchange of Notes on the grant aid extension was signed here this afternoon