Total of 394,458 people have received their fifth dose of COVID-19 vaccine since June 9
Take up of COVID-19 vaccination drive’s 5th dose regime still leaves much to be desired off. ...
Khmer Times Staff
https://www.khmertimeskh.com/501113987/total-of-394458-people-have-received-their-fifth-dose-of-covid-19-vaccine-since-june-9/
Condo oversupply persists amid low FDI and foreign buyers
Total foreign direct investment (FDI) to the real estate sector peaked at $3.6 billion in the years preceding Covid-19, where half of the approved investments was backed by Chinese investors. In 2019 alone, FDI financing in the property and real estate development in Cambodia stood around ...
Sangeetha Amarthalingam
https://kiripost.com/stories/condo-oversupply-persists-amid-low-fdi-and-foreign-buyers
Resurgent mobile deals could hurt margins, analysts say
‘Top up $2 and get 30 free minutes daily for 20 days. Top up $5 and expand the same offer for a month. And, for a $10 recharge, that half-an-hour freebie lasts 50 days.” Mobile operator Beeline, which announced the promotion in August, called it “another ...
Anne Renzenbrink
http://www.phnompenhpost.com/business/resurgent-mobile-deals-could-hurt-margins-analysts-say
Try Pheap Firm in Talks to Replicate Timber Deal
Well-known timber magnate Try Pheap is preparing to expand cross-country with a scheme that already gives him exclusive rights to buy all the wood felled on economic land concessions (ELCs) in Ratanakkiri province, a spokesman for the businessman said. The Agriculture Ministry’s Forestry Administration in February ...
Zsombor Peter and Aun Pheap
http://www.cambodiadaily.com/news/try-pheap-firm-in-talks-to-replicate-timber-deal-48511/
Illegal wood exports to China tripled in 2013
Cambodia’s exports of protected rosewood and other high-value timber to China more than tripled last year, according to U.N. figures cited in a new report that blames lax law enforcement across the Mekong region and skyrocketing demand in China for pushing some species to the ...
Zsombor Peter
http://www.cambodiadaily.com/news/illegal-wood-exports-to-china-tripled-in-2013-58593/
Agenda
Open Cambodia A Mozilla/Aspiration Conference Open Web, Open Source, Open Knowledge 16-17 September 2011 Sunway Hotel, Phnom Penh Friday 16 September 8:00-8:30 Registration – Grand Mekong Hall, First Floor 8:30-10:15 Interactive Plenary 10:15-10:30 Coffee Break 10:30-12:00 Agenda Crowdsourcing: Session Development 12:00-1:00 Lunch – Provided at the Sun Café Restaurant, Ground Floor, Sunway Hotel 1:00-3:00 Break-Out I – Framing Sessions: ...
China Inks Agreement to Buy One Million Ton of Cassava Product from Cambodia
The China National Food Industry (Group) and Cambodia’s Le Ye Rubber on August 13th signed a Memorandum of Understanding on a cooperation agreement to acquire one million cassava product exports from Cambodia to China Cai Yong Feng [President of China National Food Industry Group] said: ...
Bokor Resort to Open for Visitors for Late 2011
Mount Borkor Resort, the highest location in Cambodia, located near the coastline, will be inaugurated to welcome tourists from all destinations by the end of 2011, while the road climbing to the plateau’s peak and other tourism structures are about to be completed So far, the ...
IMF cuts 2011 growth outlook to below 6%
Damage to Cambodia’s rice crop from widespread flooding earlier this year will likely cause economic growth to fall below 6 percent, according to the International Monetary Fund (IMF), which yesterday offered the lowest gross domestic product (GDP) prediction so far In a statement, the IMF chose ...
Garment, shoe exports set to surpass $4bn
Buoyed by strong demand from the economies of Europe and North America, the total amount of garment, shoe and textile exports that left Cambodia last year was on target to surpass the $4 billion mark, dwarfing 2010’s total of $2.88 billion, the Garment Manufacturers Association ...
Food Imports See Big Jump
CAMBODIA’S total food and beverage imports jumped 28 percent year-on-year through June to US$74 million, as domestic demand continued to outpace the Kingdom’s production capacity. The demand comes as Cambodia’s economy regains momentum following the global financial crisis, said officials at the Ministry of Commerce, ...
http://www.phnompenhpost.com/index.php/2011082351201/Business/food-imports-see-big-jump.html
PM praises media for efforts on ‘fake news
Prime Minister Hun Sen praised journalists and a large number of local press institutions for making efforts to prevent the spread of fake news propagated by “rebels” and opportunists who intended to incite social unrest against the government. Hun Sen’s statement was made through a ...
Mech Dara
https://www.phnompenhpost.com/national/pm-praises-media-efforts-fake-news
Telco Axiata strengthens regional hold, controls 34% of Cambodian market post-acquisition
Being one of the biggest Asian telecommunications companies with operations across ten countries, Axiata Group Bhd has flexed its muscles to firm its grip on the Cambodian market After the acquisition of its rival Latelz Co Ltd, the second-largest mobile operator with a 21% market share ...
http://biz.thestar.com.my/news/story.asp?file=/2012/12/17/business/12469671&sec=business
Yearender: Hosting ASEAN Summit tops major achievements of Cambodia in 2012
The successful hosting of the 21st Summit of the Association of Southeast Asian Nations (ASEAN) and its related summits here in November was definitely the biggest achievement of Cambodia in 2012 despite some sad events such as the death of the venerated former King Norodom ...
http://news.xinhuanet.com/english/indepth/2013-01/01/c_132075147.htm
Sharp fall in insurance claims
Claims in the Kingdom’s six insurance companies declined dramatically last year, while the total premium revenue sharply increased by more than 20 per cent year-on-year, official data from the General Insurance Association of Cambodia (GIAC) show. GIAC data shows total claims reached $4.8 million, down from ...
http://www.phnompenhpost.com/2013022061468/Business/sharp-fall-in-insurance-claims.html
Move to lift energy efficiency in Cambodia
A national energy efficiency policy is currently in development, officials told the Post last week. Experts at the Ministry of Industry, Mines, and Energy (MIME) and the multi-donor fund EU Energy Initiative Partnership Dialogue Facility (EUEI PDF) are in discussions about details of the policy, ...
http://www.phnompenhpost.com/2013022061465/Business/move-to-lift-energy-efficiency-in-cambodia.html
Gov't Denies Flouting Ban on Concessions
The government on Friday denied it had violated a moratorium on granting new land concessions when Prime Minister Hun Sen signed off on more than 20,000 hectares of land to three rubber companies 11 days after the ban was announced on May 7. According to documents ...
Waste to Watt
In an outbuilding at Lok Sear’s rice milling operation in Kandal province, two four-meter-high cylindrical machines vibrate and hum as the occasional chicken and duck pecks near the concrete blocks holding them up. While they do both feature a thinck band of aluminium around their ...
Critics dismiss Hun Sen’s pledge as empty promises
Prime Minister Hun Sen made a bold pledge to the hundreds of thousands of Cambodian villagers fighting companies for their homes yesterday, ordering that in every economic land concession across the country, space must be provided for those they would displace. But last month’s royal book ...
Trade Deficit Up 34 Percent On Last Year
Cambodia’s trade deficit in the first half of the year grew 34.31 percent compared with the same period in 2011, reaching $1.36 billion, according to data released by the Ministry of Commerce. Though revenues earned from exports grew 12.13 percent to about $2.50 billion, a growing ...