South Korea leads Asia’s big three as Cambodia’s leading investor
South Korea replaced the UK as the largest investor in Cambodia last year, with about $287 million injected, 12.5 per cent of the total foreign direct investment, according to data from the Council for the Development of Cambodia (CDC). This represents 33 per cent ...
Vietnam and Cambodia hit back
Vietnam urged Laos to halt construction of a $3.5 billion hydropower dam pending further study, environmental activists said on Friday after a meeting of the Mekong River Commission. The activists said Cambodia, also downriver from the Xayaburi dam, accused Laos during heated discussions on Wednesday and ...
http://bdnews24.com/environment/2013/01/21/vietnam-and-cambodia-hit-back
Business boom depletes forests
During the past four years, Cambodia has seen drastic decreases in rare species of trees due to illegal logging, community research from the National Resource Protection Group indicates. If continued unabated, illegal logging threatens to wholly deplete Cambodia’s rare tree species, Chut Wutty said. Cambodia’s ...
Real Wages in Garment Sector Fell Over 10 Years
Wages for Cambodian garment workers decreased by more than 20 percent in real terms between 2001 and 2011 despite the industry’s exponential increase in exports, which in 2012 were valued at more than $4 billion, according to a recent report by a U.S.-based workers advocacy ...
http://www.cambodiadaily.com/news/wages-in-garment-sector-fell-22-over-10-years-34788/
Consultation workshops aim to boost exports to Cambodia, Laos and Thailand
The Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade will host a consultation workshop in the southern province of Tay Ninh on June 21 for exporters interested in the markets of Laos and Thailand. ...
Khmer Times Staff
https://www.khmertimeskh.com/501098136/consultation-workshops-aim-to-boost-exports-to-cambodia-laos-and-thailand/
PM Hun Sen receives president of Asia Foundation
Prime Minister Hun Sen received Dr. David D. Arnold, visiting President and CEO of the Asia Foundation. ...
Khmer Times Staff
https://www.khmertimeskh.com/501043533/pm-hun-sen-receives-president-of-asia-foundation/
Kingdom’s bourse missing some magic
At the headquarters of the Cambodia Securities Exchange on the 25th floor of Canadia Tower, something seems to be missing. Here, in Phnom Penh’s business heart, the sights typically associated with trading shares – gesticulating, shouting traders, the confusing hand signals, the buzz in the air ...
Anne Renzenbrink
http://www.phnompenhpost.com/2013062166422/Business/kingdom-s-bourse-missing-some-magic.html
Construction begins at bloody eviction site
More than four years after the violent forced eviction of about 800 families from Dey Krahorm in the capital’s high-rent Tonle Bassac commune, small-scale construction is finally beginning on the site. In the past month, the skeletons of a future barbecue restaurant and a beer garden ...
http://www.phnompenhpost.com/2013032764726/National/construction-begins-at-bloody-eviction-site.html
Rice exports to region rising
Cambodian milled rice exports are gradually lessening their dependency on a single market by expanding their shipping destination in Asia, a sign insiders say is good news for the industry. Kim Savuth, president of the Federation of Cambodian Rice Exporters, told the Post yesterday that milled ...
http://www.phnompenhpost.com/2013052365791/Business/rice-exports-to-region-rising.html
Nike calls for probe on Cambodian police clash with garment workers
Nike expressed “deep concerns” over the May 27 incident at the Sabrina Cambodia Garment Manufacturing plant outside Phnom Penh, in a letters to Cambodia’s commerce and labour ministers released late Friday in the United States. Following the violence, eight workers and trade union members were ...
RAC: Consult institutions before coining new words
The president of the Royal Academy of Cambodia (RAC) Sok Touch asked all ministries and institutions to consult with the National Council of Khmer Language (NCKL) before creating a new word. Touch said the request was made to prevent mistakes and keep the public from ...
Niem Chheng
https://www.phnompenhpost.com/national/rac-consult-institutions-coining-new-words
Cambodia and EU consult on development priorities
The drafts of European Development Cooperation Strategy for Cambodia, and the EU Multiannual Indicative Programme 2021-2027 have been discussed to align with the government’s development priorities. ...
Khmer Times Staff
https://www.khmertimeskh.com/50803600/cambodia-and-eu-consult-on-development-priorities/
Cambodia, Vietnam to maintain high-level consultations, bilateral mechanisms
Vietnam and Cambodia agreed to continue maintaining high-level exchanges, consultations, and bilateral mechanisms in the coming time at the 20th meeting of the Vietnam-Cambodia Joint Committee on economic, cultural, scientific and technological cooperation in Hanoi on March 21. ...
Khmer Times Staff
https://www.khmertimeskh.com/501259809/cambodia-vietnam-to-maintain-high-level-consultations-bilateral-mechanisms/
Manet responds to NYC billboard
Prime Minister Hun Manet has extended his gratitude to David Soth, a Cambodian resident in the US, for coordinating with an advertising company to display welcoming images on billboards in the US’ New York City, during his attendance at the 78th UN General Assembly. ...
Kim Yutharo
https://www.phnompenhpost.com/national/manet-responds-nyc-billboard
National Consultation Workshop on “Policy And Direction Of Cambodia’s Financial Technology” to be held
The Digital Economy and Business Committee under the National Digital Economy and Society Council is in the process of formulating Cambodia’s Financial Technology Development Policy and will organise the National Consultation Workshop on “Policy and Direction of Cambodia’s Financial Technology” next week, on April 26-27. ...
Khmer Times Staff
https://www.khmertimeskh.com/501060292/national-consultation-workshop-on-policy-and-direction-of-cambodias-financial-technology-to-be-held/
Factory Orders Staff Back to Work Amid Safety Concerns
Employees at a Taiwanese-owned shoe factory in Kompong Speu province where two workers were killed when one of the building’s floors collapsed on Thursday have been ordered back to work today, despite ongoing concerns from labor activists about the building’s safety. While conceding that some parts ...
http://www.cambodiadaily.com/news/factory-orders-staff-back-to-work-amid-safety-concerns-25192/
Cambodia rejects UN rights claim
Cambodia’s Permanent Mission to the UN Office in Geneva on Friday hit back at David Kaye, the UN special rapporteur on the Promotion and Protection of the Right to Freedom of Opinion and Expression after he raised concerns over the repression of free speech and ...
Niem Chheng
https://www.phnompenhpost.com/national-politics/cambodia-rejects-un-rights-claim
IMF predicts continued recovery for Cambodian economy
An International Monetary Fund (IMF) team led by Davide Furceri, assessed Cambodia’s economy and predicted growth in the coming years. The IMF report reveals that the country’s economy is steadily recovering from the impacts of the COVID-19 pandemic, although it still faces challenges from both ...
Khmer Times Staff
https://www.khmertimeskh.com/501385872/imf-predicts-continued-recovery-for-cambodian-economy/
Kingdom, Korea to establish trade consultation channel soon
Cambodia and South Korea will have ‘Regular Consultation Sessions’ aimed at boosting trade and investment cooperation between the two countries. ...
Nhean Chamrong
https://www.khmertimeskh.com/501491711/kingdom-korea-to-establish-trade-consultation-channel-soon/
Myanmar rice is back
While exports of Cambodian rice have been booming, analysts are predicting that new competition from Myanmar could eventually rain on the parade. Cambodia exported nearly 176,000 tonnes of rice in the first six months of the year, a 125 per cent increase from the same period ...