80MW wind farm project in Kampot hits EdC price snag
French-owned The Blue Circle’s 80MW wind power investment project in Kampot province has hit an impasse, as its proposed $0.068 per kWh tariff rate for the national grid exceeds what state-run energy supplier Electricite du Cambodge (EdC) is willing to pay, according to a Ministry ...
Hin Pisei
https://www.phnompenhpost.com/business/80mw-wind-farm-project-kampot-hits-edc-price-snag
Cambodia ranks fourth for friendliness towards foreign residents
With an endless sea of genuine and contagious smiles and an abundance of hospitality and generosity that warms the heart and soothes the soul, Cambodia ranked fourth among countries and territories with the friendliest attitudes towards foreign residents, according to a survey conducted by Expat ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-ranks-fourth-friendliness-towards-foreign-residents
Covid rattles Phnom Penh’s retail landscape through H1
The Covid-19 pandemic has rocked the retail landscape in Phnom Penh, with anxiety around infection risk keeping the masses away from shopping malls and driving retail consumption down by nearly five per cent in the first half of this year, compared to July-December 2020, according ...
Hin Pisei
https://www.phnompenhpost.com/post-property/covid-rattles-phnom-penhs-retail-landscape-through-h1
Bar Association plans expansion of free services in 2022
Over the past year, the Bar Association of the Kingdom of Cambodia (BAKC) has provided legal services to the poor in over 6,000 cases and their volunteer lawyers plan to continue expanding their free legal services to the poor to ensure Cambodians’ rights to equal ...
Long Kimmarita
https://www.phnompenhpost.com/national/bar-association-plans-expansion-free-services-2022
Prime Minister Hun Sen expresses his optimism for recovery in the near future
Prime Minister Hun Sen says the government has set the stage for the recovery of Cambodia’s economy and a return to a “new normal” before the end of this year, following the successful double-vaccination of more than 85 percent of the population. He said the ...
Michael Firn
https://www.khmertimeskh.com/50958751/prime-minister-hun-sen-expresses-his-optimism-for-recovery-in-the-near-future/
Solar slated to add 495MW by 2023
Cambodia will add 495MW of solar power capacity from seven projects by 2023, which will represent “20 per cent” of the total energy supply by then, as the world looks to harness the sun as a key source of renewable electric power in the fight ...
May Kunmakara
https://www.phnompenhpost.com/business/solar-slated-add-495mw-2023
Cambodia-Thailand trade tops $7.97 billion last year
The bilateral trade between Cambodia and Thailand was valued at $7.97 billion last year, a 10.26 percent increase compared to a year before. Figures from Thailand’s Commerce Ministry showed that Cambodia exported $894 million worth of goods to Thailand, a year-on-year decrease of 22.10 percent. ...
Chea Vanyuth
https://www.khmertimeskh.com/501012634/cambodia-thailand-trade-tops-7-97-billion-last-year/
Cambodia’s FDI surges 11.2% to $41B in 2021
Foreign direct investment (FDI) inflows in Cambodia between mid-1994 and end-2021 amounted to 168.8 trillion riel ($41.0 billion), rising by 11.2 per cent from the end of 2020, with the Greater China area remaining the Kingdom’s top source market, according to a new report. ...
Hom Phanet
https://www.phnompenhpost.com/business/cambodias-fdi-surges-112-41b-2021
Increased breastfeeding could save 2,000 lives per year: health ministry
Cambodia loses an estimated $137.7 million annually due to non-complete breastfeeding. The figure includes additional costs to the health system, increased mortality rates and damage to public health, according to a joint press release from the Ministry of Health, Helen Keller and other relevant organisations. ...
Neang Sokunthea
https://www.phnompenhpost.com/national/increased-breastfeeding-could-save-2000-lives-year-health-ministry
CPP sets strategies for upper-middle income by 2030
The Cambodian People’s Party (CPP) has set economic strategies for Cambodia for the next five years to become an upper-middle-income country by 2030 as the economy is striding with ongoing necessary strengths after slipping into negative 3.1 percent in 3.1 percent, according to a resolution ...
Kang Sothear
https://www.khmertimeskh.com/501230305/cpp-sets-strategies-for-upper-middle-income-by-2030/
UN estimates 100,000 trafficked into Cambodian scam operations, officials ask “Where are they?”
At least 100,000 people have been forced to carry out online scams in Cambodia, according to a UN Human Rights report released Tuesday, but Cambodian government officials say they want to see more evidence for the estimate. ...
Seoung Nimol and Leila Goldstein
https://cambojanews.com/un-estimates-100000-trafficked-into-cambodian-scam-operations-officials-ask-where-are-they/
ADB urged to help upgrade R&D ‘skills for future economy’ in Cambodia
The Asian Development Bank is engaged in developing a new project called ‘Skills for Future Economy’ with the purpose of improving the industry in Cambodia, according to a senior officer of the Royal Government of Cambodia. ...
Sok Sithika
https://www.khmertimeskh.com/501147792/adb-urged-to-help-upgrade-rd-skills-for-future-economy-in-cambodia/
Cambodia in need of qualified librarians, says official
Mao Kolap, vice-president of Cambodian Librarian Associations, said yesterday that Cambodia requires more qualified librarians to match the standards of advanced libraries in other Asean countries. According to a report by the Cambodian Library Association, there are only three graduated librarians, while there are 400 ...
Torn Vibol
https://www.khmertimeskh.com/501194185/cambodia-in-need-of-qualified-librarians-says-official/
Kingdom set for multi-million dollar oil payday in Oct
Cambodia expects to receive millions of dollars next month in proceeds from the sale of nearly 300,000 barrels of crude oil stolen by the Bahamas-flagged tanker MT Strovolos last year following a payment dispute with the Apsara oil field’s Singaporean developer, KrisEnergy, according to a ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-set-multi-million-dollar-oil-payday-oct
Cambodian students receive meals through partnership
Youth attending Salesian educational programs supported by the Don Bosco Foundation of Cambodia had access to proper nutrition in 2021 thanks to a partnership between Salesian Missions, the U.S. development arm of the Salesians of Don Bosco, and Feed My Starving Children, a nonprofit Christian ...
Khmer Times Staff
https://www.khmertimeskh.com/501146569/cambodian-students-receive-meals-through-partnership/
Tax revenue passes target amid money laundering cases
The General Department of Taxation (GTD) of the Ministry of Economy and Finance (MEF) has collected more than $2.94 billion of tax revenue for the period of first 10 months this year, which passes the amount set in the budget law 2022 and increases 26.96 ...
Kang Sothear
https://www.khmertimeskh.com/501186161/tax-revenue-passes-target-amid-money-laundering-cases/
Cambodia supports Lao PDR’s ASEAN Chairmanship next year
The Royal Government of Cambodia expressed its support to Lao PDR’s chairmanship of ASEAN next year, according to a press release from the Cambodian Ministry of Foreign Affairs and International Cooperation issued this afternoon at the end of the two-day official visit of Cambodian Prime ...
Khmer Times Staff
https://www.khmertimeskh.com/501239159/cambodia-supports-lao-pdrs-asean-chairmanship-next-year/
Cambodian exports to ASEAN markets rise 13%
The value of Cambodian trade with the nine other ASEAN countries reached $16.053 billion in 2022 – up 1.4 per cent from $15.838 million in 2021 – accounting for a 30.62 per cent share of the Kingdom’s $52.425 billion in total foreign trade for the ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-asean-markets-rise-13
Kingdom seeks partners for planned Mondulkiri airport
Cambodia is looking for partners for the development of a planned airport in Mondulkiri province south of Sen Monorom town after PowerChina International Group Ltd (PIG) withdrew during the Covid-19 crisis and subsequent negotiations with other foreign companies fell through, according to a senior civil ...
Hin Pisei
https://www.phnompenhpost.com/business/kingdom-seeks-partners-planned-mondulkiri-airport
No issues with Bassac-Kampot seaport project: study
The feasibility study of a navigation and logistics project to link the Bassac River in Phnom Penh to a “seaport” in the Kampot-Kep region shows that there are no technical, environmental or legal issues, according to the transport ministry. ...
Van Socheata
https://www.phnompenhpost.com/business/no-issues-bassac-kampot-seaport-project-study