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
Sihanoukville investors seeking ‘special benefits’ can apply now
Business people and investors who wish to receive ‘special benefits’ as part of the newly launched special programme to promote investments in Preah Sihanouk Province can file their applications now before the Preah Sihanouk Investment Promotion Working Group, according to a statement issued by the ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501437050/sihanoukville-investors-seeking-special-benefits-can-apply-now/
Overloaded vehicles at issue
Overloaded vehicles are contributing to a more rapid than anticipated deterioriation of Cambodia’s road network, experts said yesterday The ADB has funded an axle-load control programme as part of a US$1 million technical package to support government rehabilitation of about 150 kilometers of the Kingdom’s roads. ...
http://www.phnompenhpost.com/index.php/2011070550177/Business/overloaded-vehicles-at-issue.html
Petroleum engineers to provide support to Cambodia
At a Sept 11 meeting between Deputy Prime Minister Sok An and Ganesh C. Thakur, President of the U.S.-based Society of Petroleum Engineers (SPE), plans were discussed about the SPE providing training and expertise for the Kingdom’s oil and gas sector, according to a statement ...
Tensions rise as villagers, armed police ready for protests
After several days of grassroots campaigning by local villagers to save Prey Long forest, tension in this part of northern Kompong Thom province is rising. The 300-strong group of campaigners seemed to be heading for a confrontation with provincial authorities, as officials warned yesterday that ...
Kingdom inflation rises on oil prices
Inflation in Cambodia rose 5.8 per cent year-on-year in January, according to figures from the National Institute of Statistics. Rising fuel costs had spurred the inflation, which was felt largely in the price of food, officials said. Data showed food and non-alcoholic beverage prices in January increased ...
Gov't Opens Rivers to Sand Dredging
Nine companies have put in bids for the rights to dredge the lengths of the Mekong and Tonle Sap rivers and sell the sand for export, Water Resources Ministry officials said yesterday, noting that the dredging would be beneficial in terms of deepening the waterways. ...
Officials mum on 'advocacy' NGO missive
Top government officials yesterday either declined to comment or said they had no knowledge of a letter from Finance Minister Keat Chhon to Prime Minister Hun Sen proposing to bar all foreign NGOs from “advocacy” work in the country, as well as stopping foreigners from ...
IMF’s Cambodia outlook upbeat
Tokyo: The International Monetary Fund has upgraded its outlook on Cambodian GDP growth in 2011 from 6.5 per cent to 6.7 per cent just days after government officials announced a full percentage-point reduction in economic expectations. Stabilisation in the real estate sector, as well as strong increases ...
http://www.phnompenhpost.com/index.php/2011101752154/Business/imfs-cambodia-outlook-upbeat.html
Experts question Thai energy crisis declaration
Although a Thai minister claimed recently that delays in resolving the disputed overlapping claims area with Cambodia would result in an energy crisis, experts said yesterday the statement had been politically motivated. Thai Energy Minister Pichai Naripthaphan said last week Thailand would run out of gas ...
Hun Sen Blames Migration for Labor Shortage in Agriculture
Prime Minister Hun Sen yesterday blamed illegal immigration for contributing to a current shortage in the Cambodian labor market but said workers could benefit from rising wages as a result of the demand for workers. Mr. Hun Sen said the shortage was hitting the agriculture sector ...
US Agents Poised to Seize Khmer Statue
Government officials and a representative at Unesco in Phnom Penh yesterday said that Sotheby’s in New York had no right to a 10th-century Khmer statue worth more than $2 million that US federal agents were expected to seize from the auction house today. On Wednesday, New ...
Democracy on the decline: think tank
Cambodia ranks among the lowest in the region on its ability to reform; corruption, political stasis and a rapidly widening income gap are hindering its progress, according to a recent survey of the country’s democratic institutions. Transformation Index, which every two years ranks countries considered ...
Transport costs remain high
Cambodia’s transport costs remain high compared with those in neighbouring countries, according to a 10-container shipment comparison conducted between Cambodia, Thailand and Vietnam by a Korean-owned company, Pan Continental Freight (PCF). The comparison found Cambodia’s free on board (FOB) costs were US$35 a tonne, whereas Thailand ...
http://www.phnompenhpost.com/index.php/2012092758948/Business/transport-costs-remain-high.html
Anti-corruption bonus yet to be seen
Customs and Excise Department officials are complaining that a promised salary bonus meant to serve as an incentive to avoid corruption has yet to be doled out, even though the program began last June. The initiative, managed by the Ministry of Economics and Finance, was supposed ...
http://www.phnompenhpost.com/2013011160738/National/anti-corruption-bonus-yet-to-be-seen.html