Sharp rise in Angkor Park footfalls, earning top $20.31M
Cambodia’s famed world heritage site Angkor Archaeological Park earned $20.31 million from ticket sales in the first seven months of 2023, a rise of 502.79 percent compared to the $3.37 million it collected during the same period last year, said a report recently.
Manoj Mathew
https://www.khmertimeskh.com/501338040/sharp-rise-in-angkor-park-footfalls-earning-top-20-31m/
Fishing policy and administration
Young man fishing with a cast net on Siem Reap river, Cambodia. Photo by Brian Hoffman, taken on 12 January 2015. Licensed under CC BY-NC-SA 2.0.Fisheries management in Cambodia is divided between central and local governments. At the central level, the Ministry of Agriculture, Forestry
Sugar plantation under investigation for using child labor
Police and human rights workers are investigating claims that a Chinese-owned sugarcane plantation in Preah Vihear province has been employing child workers since December.
Oeu Bunthany said the Y Heng Company fired her on Saturday after she complained to local police that up to 20 children
Khy Sovuthy
http://www.cambodiadaily.com/news/sugar-plantation-under-investigation-for-using-child-labor-54866/
Imports
The total value of Cambodia’s international trade amounted to $35.8 billion in 2020, a 2.5 percent increase on the $34.9 billion in 2019 even after the Covid-19 pandemic slowed global trade, according to Ministry of Commerce (MoC) reports from 2020. The main sources of Cambodia’s
Protected forest
Protected Forests are generally established under individual sub-decrees, specifically for the purpose of protecting biodiversity and conservation. They are home to many endangered or threatened species.
Human rights violation, deforestation evident in Cambodia’s gold mine operations over 20 years – report
A recent report by Equitable Cambodia has exposed the commercial gold mining industry’s involvement in deforestation, violation of rights, encroachment and land grab of traditional indigenous forested areas.
Exports
Prime Minister of Cambodia, Hun Sen, and other Cambodian Ministers were at the Aid for Trade Global Review 2019. Photo by World Trade Organization (WTO), taken on 03 July 2019. Licensed under CC BY-SA 2.0.After two decades of strong economic performance, Cambodia moved into the
Cambodia's opposition to mark International Human Rights Day
The main opposition Cambodia National Rescue Party (CNRP) will stage mass rallies in capital Phnom Penh and tourist city of Siem Reap on Dec. 10 to celebrate the International Human Rights Day, a party spokesman said Thursday.
“We plan to mobilize 20,000 people in Phnom Penh
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131205/cambodias-opposition-mark-international-human-rights-day
Forest policy and administration
Logging truck in Mondulkiri protected forest , Cambodia. Photo by Global Water Forum, taken on 23 February 2014. Licensed under CC BY-NC-SA 2.0Cambodia is deeply concerned about deforestation. While the country seeks fast economic development, forests represent a tremendous national treasure. In order to help
Experts shared diverse perspectives and insights on ESG evolving in Cambodia
In recent years, Environmental, Social, and Governance (ESG) practices have gained significant traction globally, and Cambodia is no exception to this trend. As global markets, particularly those based in the European Union, set increasingly stringent environmental regulatory standards, Cambodian businesses face both challenges and opportunities
Condo market continues to grow despite over-supply
New projects involving 20 condo complexes are continuing to be built despite an already narrow market sector and a future surplus of condos in the Kingdom.
According to research on the condo market by Bunna Reality Group in first half of this year, Phnom Penh now
Siv Meng
http://www.phnompenhpost.com/real-estate/condo-market-continues-grow-despite-over-supply
Banteay Meanchey 20-year land dispute ends with lot draw
More than 1,000 families have drawn lots for land plots at Boeung 75 in Tuol Pongro commune’s O’Ampil village of Banteay Meanchey province’s Malai district after a long-running dispute was resolved.
Long Kimmarita
https://www.phnompenhpost.com/national/banteay-meanchey-20-year-land-dispute-ends-lot-draw
Cambodia's micro-lenders see 44 pct lending growth last year
Cambodia’s 38 microfinance institutions reported a 44 percent increase in loan disbursements in 2013, according to a report of the National Bank of Cambodia (NBC), the regulator of banking and finance institutions in the country.
The microfinance institutions had lent a total 1.17 billion U.S. dollars
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=199165
Toll Royal derails regional projects
The unclear future of Cambodia’s national railway, following Toll Royal Railways’ suspension of operations on March 31, has cast doubt not only on the oft-delayed redevelopment project but also on a larger build-out expected to connect much of Asia.
Toll Royal, a joint venture by Australian
Priority health concerns
Two daughters look at their mother who is dying from HIV/AIDS, Cambodia. Photo by World Bank, taken in 2002. Licensed under CC BY-NC-ND 2.0.Two common features mark Cambodia’s major health concerns:Some health figures are among the worst in the world – the 26 cases of
European Union Grants $54 Million to Cambodia
The European Union yesterday pledged to support Cambodia with three grants totaling $54 million, including one payment to help bolster the country’s ability to organize its public finances, officials announced at a press conference in Phnom Penh.
“The E.U. will continue to support Cambodia with
$10m fund to buy rice from struggling farmers
The Ministry of Economy and Finance has pledged to provide another $10 million in addition to a $83 million fund to purchase rice from farmers at a reasonable cost amid low prices to avoid selling to crooked dealers.
Meas Molika
https://kiripost.com/stories/10m-fund-to-buy-rice-from-struggling-farmers
Carbon trading and other Payments for Ecological Services (PES)
Forest view. Photo by Open Development Cambodia, taken on 05 December 2021. Under license CC BY-SA 4.0.Cambodia is covered with forest, accounting for around 13.1 million hectares in 1973, and it is had fallen to 8.7 million hectares in 2014.188 However, based on the Ministry
Fees too high: AirAsia CEO
While AirAsia, one of the world’s largest low-cost airline, is gearing toward an expansion in the region, the company’s chief executive said that serving Cambodia was expensive due to high airport fees.
Airport charges are high and restrictive, as are over-flight fees, compared to other countries in
First COVID-19 death in Cambodia after Feb 20 incident
The Ministry of Health announced that a 50-year-old Cambodian man died of COVID-19 yesterday, as a result of the February 20 Community Incident, marking Cambodia’s first recorded death.
Tith Kongnov
https://www.khmertimeskh.com/50823890/first-covid-19-death-in-cambodia-after-feb-20-incident/
