Cambodia, South Korea trade up 14 percent
The bilateral trade between Cambodia and South Korea reached $818 million in the first nine months of this year, up 13.8 percent compared with the same period last year, according to a report of the Korea International Trade Association (KITA) issued this week. ...
Chea Vanyuth
http://khmertimeskh.com/501175675/cambodia-south-korea-trade-up-14-percent/
No Water Festival for Phnom Penh, say Council of Ministers
Phnom Penh will not see boat racing during the occasion of Water Festival Celebration this year, although the traditional event can still be organised in provinces across the country, according to a decision made during the Council of Ministers meeting on September 9. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/no-water-festival-phnom-penh-say-council-ministers
Lumphat sanctuary to generate carbon credit by 2024
Lumphat Wildlife Sanctuary – home to a variety of endangered animals and birds – is expected to generate carbon credits in 130,000 hectares of the sanctuary by 2024 and reduce carbon emission by at least 115,000 tonnes per year. ...
Sar Socheath
https://www.khmertimeskh.com/501190983/lumphat-sanctuary-to-generate-carbon-credit-by-2024/
Thai law enforcement worries migrants
Some Cambodian migrant workers currently employed in Thailand are worried about an apparent tightening of labour law enforcement after some Thai companies were found to have brought workers there without proper documents, according to a prominent NGO working with the migrants in the neighbouring country. ...
Lay Samean and Chea Sokny
https://www.phnompenhpost.com/national/thai-law-enforcement-worries-migrants
Prek Tnaot families face eviction for river ‘restoration’ linked to elite company
Nearly 100 families living near Takhmao city are facing eviction as authorities pledge to restore the heavily-polluted river running next to their homes in a project linked to a real estate company with connections to the prime minister’s family. ...
Ngay Nai and Fiona Kelliher
https://vodenglish.news/prek-tnaut-families-face-eviction-for-river-restoration-linked-to-elite-company/
PM: Factory workers on suspension get support
Prime Minister Hun Sen has officially announced that the government will provide cash assistance to over 32,000 workers in the textile-related sectors whose employment has been suspended due to a reduction in purchasing orders, or whose factories have ceased operations. ...
Neang Sokunthea
https://www.phnompenhpost.com/national/pm-factory-workers-suspension-get-support
Sihanoukville port’s earnings fall 2.75%
According to a report issued by Sihanoukville Autonomous Port, it earned more than 85,117 million riels, equivalent to roughly $65 million, in the first nine months of 2022, marking a 2.75 percent decrease from the same period in 2021. ...
Mao Sreypich
https://kiripost.com/stories/sihanoukville-ports-earnings-fall-275
Cambodia seeks partners for planned Mondulkiri airport
Cambodia is looking for partners for the development of a planned airport in Mondulkiri province south of Sen Monorom town after PowerChina International Group Ltd (PIG) withdrew during the Covid-19 crisis and subsequent negotiations with other foreign companies fell through, according to a senior civil ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-seeks-partners-planned-mondulkiri-airport
Cambodia exports reach $9.18 billion in five months
Cambodia’s exports in the first five months of 2023 were worth $9.18 billion, down 2.4 percent from $9.41 billion for the same period last year, according to a General Department of Customs and Excise report. ...
Chea Vanyuth
https://www.khmertimeskh.com/501306111/cambodia-exports-reach-9-18-billion-in-five-months/
Rice exports approach one million tonnes exported in first two months of 2023
In the first two months of 2023, Cambodia exported nearly 100,000 tonnes of milled rice worth $72.67 million to 38 markets through 40 milled rice export companies, according to a report from the Cambodia Rice Federation (CRF). ...
Van Socheata
https://www.phnompenhpost.com/business/rice-exports-approach-one-million-tonnes-exported-first-two-months-2023
World Bank approves $163m water and sanitation project
According to a statement from the World Bank on November 22, to assist Cambodia in its efforts to strengthen water and sanitation services, the project will reach more than 175,000 people in the target provinces of Battambang, Pursat, Mondulkiri and Kandal. ...
Chhorn Raksmey
https://kiripost.com/stories/world-bank-approves-163m-water-and-sanitation-project
Cambodia loses 31% of protected Areas’ trees in one decade
Cambodia lost 31 percent of tree cover from its wildlife sanctuary protected areas between 2001 and 2022, and more than 100,000 hectares (ha) in 2022, equivalent to 1.2 percent, according to a Citizens Engaged in Environmental Justice for All (CEEJA) report. ...
Thang Sinorn
https://kiripost.com/stories/cambodia-loses-31-of-protected-areas-trees-in-one-decade
Royal Group PPSP sees four-fold increase in annual net profits in 2023
Royal Group Phnom Penh SEZ Plc. (RGPPSP) has recorded an almost four-fold increase in annual net profits for 2023 compared to 2022, according to a Cambodia Stock Exchange (CSX) bourse filing by the special economic zone (SEZ) developer last week. ...
James Whitehead
https://www.khmertimeskh.com/501438729/royal-group-ppsp-sees-four-fold-increase-in-annual-net-profits-in-2023/
ADB highlights post-LDC graduation challenges for Cambodia
Cambodia is on track to graduate from least developed country (LDC) status by 2027, according to a new report by the Asian Development Bank (ADB) that also raises concerns about some of the challenges that lie ahead. ...
Yatt Malai
https://kiripost.com/stories/adb-highlight-post-ldc-graduation-challenges-for-cambodia
Cambodia records 17 pct rise in garment, footwear, travel goods export in first four months
Cambodia exported garment, footwear, and travel products (GFT) worth $3,763 million in the first four months of 2024, up 17 percent from the $3,211 million reported a year earlier, according to a report released by the Ministry of Commerce on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501489411/cambodia-records-17-pct-rise-in-garment-footwear-travel-goods-export-in-first-four-months/
Koh Kong Zhejiang SEZ aims to attract 100 additional companies by year-end
Koh Kong Zhejiang Special Economic Zone (SEZ), located in Koh Kong province’s Sre Ambel district, currently hosts 28 companies and has pledged to attract 100 more by the end of 2024, according to a June 21 press release from the Council for the Development of ...
How Cambodia’s secretive timber auctions are fueling the illegal logging trade
In the predawn hours of May 6, a flatbed truck packed with lengths of illegally logged timber sped past a checkpoint in Ratanakkiri province, knocking aside a police car and racing off. Police later tracked down the truck to a house in Banlung City. In the ...
Zsombor Peter and Aun Pheap
http://www.cambodiadaily.com/news/how-cambodias-secretive-timber-auctions-are-fueling-the-illegal-logging-trade-63919/
Two dead, one seriously injured in another hit and run
Two men died and another was seriously injured in a hit-and-run accident on Friday night in Phnom Penh when a Range Rover plowed into a motorbike in Toek Thla commune, police said Sunday, adding to a recent spate of fatal—and often high-profile—hit-and-runs. Thang Ratha, 23, died ...
Eang Mengleng
http://www.cambodiadaily.com/news/two-dead-one-seriously-injured-in-another-hit-and-run-59553/
Caught up in the middle
Sheltering under a blue tarpaulin amid dense woodland in Cambodia’s Cardamom Mountains, Nhean* sits and waits for night to fall after a long day scouring the protected forest for luxury timber. He says he works for a broker who is a supplier to one of Cambodia’s ...
May Titthara
http://phnompenhpost.com/national/caught-middle
BDO expands Cambodia operations
The former country partner and staff of Grant Thornton Law and Associates in Cambodia have joined the accountancy and advisory firm BDO Malaysia effective July 1, according to a statement. As a result, BDO Cambodia’s team will now comprise over 30 staff and partners, a ...
http://www.phnompenhpost.com/index.php/2011070550176/Business/bdo-expands-cambodia-operations.html