Frozen food market to reach $120M
The Cambodian frozen food market is projected to reach $119.56 million by 2024 at a compound annual growth rate (CAGR) of 3.9 per cent during 2019-2024, Dublin-based Research and Markets reported. It said the increasing influence of Western food and an increase in tourism are ...
Thou Vireak
https://www.phnompenhpost.com/business/frozen-food-market-reach-120m
Natural area selected as sustainable use park
The government has issued a sub-decree establishing the Tuolporn Taley Boeung Sne Multiple Use Area covering 3,557ha in one town and three districts of Prey Veng province.̴3; The sub-decree’s stated purpose is to ensure the preservation of the natural beauty, ecology, biodiversity, environment and culture while ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/natural-area-selected-sustainable-use-park
Kingdom-US trade surges 33% in six months
Bilateral trade between Cambodia and the US remained resilient in the first half of 2021, clocking in at $3.8402 billion, or a 32.8 per cent surge from the $2.8917 billion booked in the same period last year, despite the profound implications of the Covid-19 pandemic ...
Thou Vireak
https://www.phnompenhpost.com/business/kingdom-us-trade-surges-33-six-months
ASEAN initiate talks on digital economy framework agenda
ASEAN economic ministers have initiated talks on the Digital Economy Framework Agreement (DEFA), a significant regionwiDE accord set to shape the world’s foremost tech-driven financial systems partnership. The launch occurred during the ASEAN Economic Community Council (AECC) gathering, held in the Indonesian capital Jakarta on September ...
Ry Sochan
https://phnompenhpost.com/business/asean-initiate-talks-digital-economy-framework-agenda
Cambodia’s exports surge 22.7% in first two months
Cambodia’s international trade recorded a growth of 19.2 percent in the first two months of this year compared to the same period last year and reached $8.12 billion. While exports surged 22.7 percent to reach $3.98 billion, imports grew by 16.1 percent to reach $4.13 ...
Manoj Mathew
https://www.khmertimeskh.com/501454157/cambodias-exports-surge-22-7-in-first-two-months/
MISTI, MPTC seal deal on digital security
The Ministry of Industry, Science, Technology and Innovation (MISTI) and the Ministry of Post and Telecommunications (MPTC) Monday signed a Memorandum of Understanding (MoU) on digital security in Phnom Penh. ...
Jigme Palden Pazo
https://www.khmertimeskh.com/501520189/misti-mptc-seal-deal-on-digital-security/
Vietnam increasing Cambodia’s electricity supply by 400MW
Vietnam will increase its electricity supply to Cambodia to 400 megawatts or more to boost the Kingdom’s economy and to help prevent blackouts or power shortages from occurring. ...
Khmer Times Staff
https://www.khmertimeskh.com/501530165/vietnam-increasing-cambodias-electricity-supply-by-400mw/
No Results in Protest Shooting Investigations
At 10 a.m. on January 3, about 2,000 members of the security forces, mostly military police, advanced down Phnom Penh’s factory-lined Veng Sreng Street, spraying AK-47 assault rifle fire into a crowd of about 100 protesters who had been throwing stones and crude Molotov cocktails. ...
Khuon Narim and Colin Meyn
http://www.cambodiadaily.com/news/no-results-in-protest-shooting-investigations-51325/
National Census Identifies Half-Million Businesses
Cambodia has a total of 505,134 businesses supported by a workforce of 1,676,263, just 11.56 percent of the total population, according to a nationwide economic census released yesterday by the Ministry of Planning. Of the total number of people employed in the country, 1,026,084, or 61.2 ...
Hul Reaksmey and Philip Heijmans, P.1
Japan Loans over $53 Million to Improve Agriculture and Education
Cambodia will receive a concessional loan package of $53.3 million US dollars from Japan to restore the irrigation canal system and another $700,000 dollars grant aid to enhance education materials for minerals resources and topology department of the Institute of Technology of Cambodia (ITC), the ...
The knowledge economy
Like many children in Cambodia, Puthea* learned from a young age that good grades don’t come cheap.Before leaving for school, the grade 3 student collects lunch money from his mother along with a bribe he pays to his teacher in exchange for what should be ...
Chhay Channyda
http://www.phnompenhpost.com/national/knowledge-economy-0
Five canals to be expanded in Preah Sihanouk province to mitigate against flooding
The Preah Sihanouk provincial authority plans to clear and expand five canals spanning some 26km starting on Monday, to mitigate city flooding which had previously affected areas in their vicinity. Provincial governor Kuoch Chamroeun asked the relevant authorities to inform and advise people to demolish ...
Khorn Savi
https://www.phnompenhpost.com/national/five-canals-be-expanded-preah-sihanouk-province-mitigate-against-flooding
Local administrations allocated $900M
The government has allocated more than 3.5 trillion riel (nearly $900 million) for sub-national level administrations throughout the Kingdom to develop their localities for next year. The figure is an increase of $276 million compared to this year. The allocation was announced during the National Workshop ...
Mech Dara
https://www.phnompenhpost.com/national/local-administrations-allocated-900m
Senate passes amendments to 10 articles of trade union law
The Senate on Monday approved draft amendments to 10 articles of the Law on Trade Unions at the fourth session of the fourth legislature. It did so without modification, following its approval by the National Assembly last month. The 10 articles comprise Articles 3, 17, ...
Ry Sochan
https://www.phnompenhpost.com/national/senate-passes-amendments-10-articles-trade-union-law
Details on cancelled concessions sought
A week after Prime Minister Hun Sen announced that he would be cancelling an unknown number of economic land concessions in Prey Lang forest, activists called for details on the annulled concessions, saying such revocations would be meaningless unless they could be policed. On September ...
Value of Approved Property Projects Soar
The value of construction projects approved by the government during the first nine months of the year reached $1.83 billion, an 83.61 percent increase compared to the same period in 2011, according to data released yesterday by the Ministry of Land Management. Tith Khemra, director of ...
http://www.cambodiadaily.com/business/value-of-approved-construction-projects-soars-4762/
Cambodia's fuel needs increased in 2012
Cambodia spent more than $1.6 billion importing fuel oil and petrol last year, a figure 14.3 per cent higher than for 2011, the Ministry of Commerce said yesterday. The money spent on importing 1.6 million tonnes of petrol and fuel oil – 100,000 tonnes more than ...
http://www.phnompenhpost.com/2013013161091/Business/cambodia-s-fuel-needs-increased-in-2012.html
Demonstrators Take On Local Power Suppliers
Hundreds of Kompong Cham villagers protested yesterday and Sunday against high electricity prices in another example of energy-price demonstrations that are becoming increasingly frequent across the country. In Kompong Cham province’s Batheay district, more than 500 villagers yesterday continued a protest over electricity prices that began ...
The week at the CSX August 2-8
The price of Phnom Penh Water Supply Authority stock from the period of August 2 to 8 remained very stable at KHR6,500 for most of the week after a slight increase from KHR6,400 (US$1.57) to KHR6,500 (US$1.6) on August 3. Trading volumes overall were lower ...
Not all app stores online
Smartphones and the accompanying online stores that sell applications for them may be gaining ground across emerging markets, according to a study conducted by a London-based telecommunications research and analysis firm, but Cambodia’s market is limited by a lack of places to legitimately purchase apps, ...
http://www.phnompenhpost.com/index.php/2012081357948/Business/slow-demand-for-paid-phones-apps.html