Dreamworld operator sees revenue drop
Entertainment Gaming Asia (EGA), which operates casinos and slot machines in Cambodia and the Philippines, recorded a 9 percent drop in revenue last year compared to 2012, from $26.8 million to $24.3 million, according to the company’s annual report. EGA operates casinos in Pailin and Poipet ...
Simon Henderson
http://www.cambodiadaily.com/business/dreamworld-operator-sees-revenue-drop-53867/
CSX index up 7.25 per cent, $1.25 million in shares traded
Following a bruising first quarter, the Cambodia Securities Exchange (CSX) index has picked up over the last few days after Acleda Bank Plc’s (ABC’s) initial public offering (IPO). At Thursday’s close, the index ended 7.25 per cent higher at 793.59 points. Trading volume reached 280,791 ...
May Kunmakara
https://www.phnompenhpost.com/business/csx-index-725-cent-125-million-shares-traded
PM Hun Sen says ‘budget balanced’
PRIME Minister Hun Sen yesterday stated that the Kingdom has brought the budget into balance, with current savings standing at $3.5 billion. The statement was made in response to doubts about whether or not Cambodia is telling the truth when claiming to have up to ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50736883/pm-hun-sen-says-budget-balanced/
Automotive firms hit on imports, exports
COVID-19 has affected the Kingdom’s automotive industry severely, with trade dropping nearly 40 percent compared with the previous year. According to the latest import and export statistics for the first nine months of this year, the volume of automobiles and motorcycles exported dropped by 34.1 ...
Jason Boken
https://www.khmertimeskh.com/50795854/automotive-firms-hit-on-imports-exports/
Cambodia’s Mekong water levels to drop due to power grid maintenance in China
The water outflow at Jinghong hydropower station in China’s Yunnan province is dropping due to power grid maintenance during 5 – 24 January, leading to changes in river water levels along the Mekong River in Thailand, Lao PDR, and Cambodia, according to a press release ...
IMF’s Georgieva: Cambodian economy to grow 4.2% in 2021
International Monetary Fund (IMF) managing director Kristalina Georgieva on April 7 said the Cambodian economy is expected to grow 4.2 percent this year, following a 3.5 percent contraction in 2020, but cautioned that local governments around the world should proceed with prudential policies and proactive ...
May Kunmakara
https://www.phnompenhpost.com/business/imfs-georgieva-cambodian-economy-grow-42-2021
PM allots more aid to border
Prime Minister Hun Sen has allotted an additional 1.5 billion riel ($368,000) to four provinces bordering Thailand for support of returning migrants in quarantine. Meanwhile, more than 7,000 people have been vaccinated against Covid-19 in the first five days of the campaign by the ministries of ...
Mom Kunthear
https://www.phnompenhpost.com/national/pm-allots-more-aid-border
New business activity ongoing despite Coronavirus challenges
Five new factories worth $20.5 million have been approved to be established this month, according to the Council for the Development of Cambodia (CDC). The CDC’s investment committee issued a registration certificate to the companies operating the factories on April 13. About 3,700 jobs are ...
Brian Badzmierowski
https://www.khmertimeskh.com/50840963/new-business-activity-ongoing-despite-coronavirus-challenges/
Announcement on the participation in the 4th China International Import Exposition
On 28 April 2021, the Ministry of Commerce issued an announcement on the participation in the 4th China International Import Exposition which will be held from 5-10 November 2021 in Shanghai, People’s Republic of China aims to expand more markets for Cambodian products and promote ...
Ministry of Commerce
Table. Cassava production in Cambodia
Source: Cassava production in Cambodia from 2000-2019, revived from World data atlas, 2020. ...
HPV vaccine integrated into nat’l immunisation schedule
Cambodia commenced a nationwide immunisation effort on October 5 to combat cervical cancer. Free vaccinations are provided to girls aged nine and above. The one-dose human papillomavirus (HPV) vaccine is now integrated into the national immunisation schedule. ...
Neang Sokunthea
https://phnompenhpost.com/national/hpv-vaccine-integrated-natl-immunisation-schedule
Naga 3 pushed back till Sept 2029
Hong Kong-listed casino operator and developer NagaCorp Ltd, known for its flagship NagaWorld integrated resort in Phnom Penh, on June 4 announced that it has moved the $3.5 billion Naga 3 project’s planned completion date from September 30, 2025 to exactly four years later, in ...
May Kunmakara
https://www.phnompenhpost.com/business/naga-3-pushed-back-till-sept-2029
Cambodia’s trade with Vietnam rises nearly 25%
Neighbouring Vietnam has consolidated its position as the second biggest trade partner of Cambodia after China with trade volume between the two rising by 24.5 percent to reach $2.32 billion in the first three months of this year (Q1, 2024), compared to the same period ...
Manoj Mathew
https://www.khmertimeskh.com/501474739/cambodias-trade-with-vietnam-rises-nearly-25/
Pollution and waste
The rapid economic and population growth in Cambodia is leading to significant environmental pollution. The economic development activities have generated major environmental consequences, including air pollution, water pollution, noise pollution and solid wastes. ...
Villagers in capital to protest development
Representatives from five communes in Koh Kong province are scheduled to hold a press conference in the capital today, appealing for government intervention in a land dispute with a Chinese development company that has spanned nearly four years. Lov Hov, a representative from Thmar Sar commune, ...
Officials Again Seize Timber In Kratie Without Any Arrests
For the second time in a month, Forestry Administration officials in Kratie province’s Snuol district have found hundreds of cubic meters of first-grade wood that had been smuggled to a site near the tributary of the Prek Pao river, officials said yesterday. As in previous wood ...
Imports Fill the Gap as Domestic Silk Production Dwindles
Cambodia is importing hundreds of tons of silk from China and Vietnam to compensate for a fast-declining domestic industry, which is suffering due to producers opting to grow other crops instead or raising silk worms, according to silk producers. Men Sinoeun, director of the Artisans’ Association ...
EU Launches Food Security Program Aimed at Minorities
The European Union has launched a $4.5 million program aimed at increasing food security among indigenous minorities in Ratanakkiri province, including those whose land has been affected by the growing number of economic land concessions in the area. Speaking on the sidelines of the launch in ...
Bra factory workers look to ministry for support
About 300 workers entered their sixth day of strikes yesterday at a bra factory in the capital, which manufactures lingerie supplied to Victoria’s Secret and Valentino, but their hopes of a quick resolution were dashed when a Ministry of Social Affairs official admitted he was ...
The Week at the CSX - Sept 12-19, 2012
The price of Phnom Penh Water Supply Authority stock over the Sept 12-19 period remained very stable, falling early on from KHR 6,350 (US $1.57) to KHR 6,300 (US $1.56) where it stayed. Trading volumes over the five days varied from around 4200 to 13,600 ...