Carbon credits a tough sell
Despite one success story emerging in the trade of Cambodia-generated carbon credits, immediate prospects for the environmental trading scheme in Kingdom remain few. Securing buyers of carbon credits for Cambodian projects is a well-known difficulty. Pact, however, left the project in July 2013 when the ...
Eddie Morton
http://phnompenhpost.com/business/carbon-credits-tough-sell
Koreans eyeing bank IPO
Korean investors are looking forward to investing in the local stock market as it prepares to welcome Acleda Bank Plc into its main board. With Acleda Bank, one of the largest banks in the Kingdom, scheduled to go public in upcoming weeks, hundreds of Korean businesspeople ...
May Kunmakara
https://www.phnompenhpost.com/business/koreans-eyeing-bank-ipo
OSK Indochina Bank acquired by RHB Capital
One of Malaysia’s biggest investment banks, RHB Capital, announced it will acquire OSK Indochina Bank, via the transfer of 100 per cent of OSK Investment Bank shares from parent OSK Holdings, giving OSK Holdings a 10 per cent stake in the larger Malaysian RHB Capital ...
Development report cites China as growth model
It’s been done numerous times, comparing the “China miracle” to its emerging and frontier neighbours as a benchmark for development. Cambodia might seem an ill-fitted student of the world’s second-biggest economy. But a recent report from the Cambodia Development Resource Institute pointed to some lessons the Kingdom ...
http://www.phnompenhpost.com/index.php/2012050856023/Business/china-seen-as-growth-model.html
Cambodia prepares for G20
If it were a Group of 180 nations meeting, Cambodia would be invited. But the Kingdom’s chances of attending the so-called G20 summit, which brings together the world’s largest economies, are unlikely, says Mey Kalyan, a government adviser who last week became the first Cambodian to ...
http://www.phnompenhpost.com/index.php/2012051456136/Business/cambodia-prepares-for-g20.html
Bringing Cambodia-Australia ties to a higher level, 70 years on
This year, Cambodia and Australia celebrated the 70th anniversary of their diplomatic relations. Ties were first established in 1952, a year before Cambodia attained its independence from the French. Over the decades, the two countries in the Indo-Pacific have proven to be great cooperative partners ...
Taing Rinith
https://www.khmertimeskh.com/501035548/bringing-cambodia-australia-ties-to-a-higher-level-70-years-on/
Manet set for China-ASEAN expo 2023 as head of gov’t
Prime Minister-in-waiting Hun Manet is scheduled to travel to China in mid-September for the 20th China-ASEAN Expo 2023 in Nanning, the capital city of the Guangxi Zhuang Autonomous Region – in one of his first official trips seen by analysts as a significant step in ...
Samban Chandara
https://www.phnompenhpost.com/national/manet-set-china-asean-expo-2023-head-govt
2023 is a pivotal year for Cambodia to attract more foreign tourists
Cambodia views 2023 as a pivotal year for attracting more foreign tourists. After the devastating impacts of the Covid-19 outbreak, the year should considerably assist Cambodia in overcoming the crisis that has enveloped the tourism sector, which is regarded one of the four pillars on ...
Khmer Times Staff
https://www.khmertimeskh.com/501254657/2023-is-a-pivotal-year-for-cambodia-to-attract-more-foreign-tourists/
Cambodia promotes water action by all for World Food Day 2023
Cambodia joined countries across the globe to promote water action as part of the country’s 2023 World Food Day commemoration, which took place in Kouloab commune, Chet Borei district in Kratie province. The commemoration event was held under the global theme, Water is Life, Water ...
Khmer Times Staff
https://www.khmertimeskh.com/501380934/cambodia-promotes-water-action-by-all-for-world-food-day-2023/
CDC reports 161 percent investment surge
The Council for the Development of Cambodia (CDC) Saturday announced that under the leadership of Prime Minister Hun Manet, the Royal Government of Cambodia (RGC) of the Seventh Legislature has attracted $7.5 billion of investment capital over one year period, marking a 161 percent rise ...
Nhean Chamrong
https://www.khmertimeskh.com/501560387/cdc-reports-161-percent-investment-surge/
Electrical machinery, equipment export revenue exceeds $1.4B
Cambodia earned approximately $1.4 billion from the export of electrical machinery, equipment and parts to international markets during the first eight months of 2024, a decrease of one-third compared to the same period in 2023. Some economists attribute the decline to weak global economic growth. ...
Hin Pisei
https://www.phnompenhpost.com/business/electrical-machinery-equipment-export-revenue-exceeds-1-4b
Cambodia’s GFT exports jump 22% amid rising hopes
The exports of garments, footwear and travel goods (GFT) rose by 21.64 percent in January this year, earning $967 million for the sector after declining for most of the time last year. The turnaround brought cheers to the vital sector of the Cambodian economy that ...
Manoj Mathew
https://www.khmertimeskh.com/501439379/cambodias-gft-exports-jump-22-amid-rising-hopes/
Zoo fighting back from brink
A leopard appears healthy and strong as it paces the walls of its cage with a confident swagger and muffled growl that hints at its ferocity. It’s a welcome sight at Kampot province’s much-maligned Teuk Chhou zoo, which less than one year ago was struggling to ...
http://www.phnompenhpost.com/index.php/2012031355003/National-news/zoo-fighting-back-from-brink.html
Opposition Party Threatens Nationwide Labor Strikes
Opposition leader Sam Rainsy on Wednesday announced that his party could stage nationwide labor strikes in protest of disputed election results, and said the CNRP would begin an international campaign to make the CPP government a pariah state. “In the air is an idea of ...
Phorn Bopha and Colin Meyn
http://www.cambodiadaily.com/elections/opposition-party-threatens-nationwide-labor-strikes-43403/
Challenging business for startups
The World Bank recently ranked Cambodia 184th out of 189 countries for ease of starting a business, but you wouldn’t have known it at Phnom Penh’s recent Startup Weekend. Pitches for Cambodia’s first commercial organic chicken farm and for an app to connect tuk-tuk drivers to ...
Justine Drennan
http://www.phnompenhpost.com/business/challenging-business-startups
Social Media Challenges ‘Official’ Version of Events
Seeing is believing—particularly in a country where the government controls the broadcast media and current affairs news, aired on pro-ruling party TV and radio, is often at odds with the country’s few independent media outlets. But in the aftermath of a violent clash between striking garment ...
Kuch Naren and Colin Meyn
http://www.cambodiadaily.com/news/social-media-challenges-official-version-of-events-47012/
Opposition Lays Out Reform Demands at ‘People’s Congress’
Amidst an opposition boycott of the National Assembly, CNRP leaders on Sunday announced to about 10,000 supporters gathered in Phnom Penh their tentative plans to push the one-party CPP government to investigate irregularities in the July election and enact a broad slate of reforms. As patchy ...
Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/elections/opposition-lays-out-reform-demands-at-peoples-congress-44450/
A year after law, acid easily available on streets
“What law? No one has ever come to speak to me about that,” said 33-year-old Lim Vannak, scanning the large plastic buckets of corrosive acids she had lined up on the pavement of Phnom Penh’s Street 144 on a recent morning. Acid in the wrong hands ...
Sek Odom and Alice Cuddy
http://www.cambodiadaily.com/news/a-year-after-law-acid-easily-available-on-streets-51663/
Lakeside Deal Skips Village 1
Hundreds of families at Boeung Kak lake would receive land titles next week, Phnom Penh governor Kep Chuktema announced yesterday, but one village has been excluded from the deal that all but ends Phnom Penh’s highest-profile land dispute. At a meeting with about 500 villagers ...
Chasing China’s rice import potential
China National Cereal, Oil and Foodstuffs Corporation (COFCO) is the latest mainland Chinese company to sign a deal to export Cambodian rice. COFCO is one of a number of Chinese companies that have signed similar deals with their Cambodian counterparts, but direct rice exports to China ...