Int’l trade slips but deficit dips 72%
Cambodia’s international trade volume reached $15.611 billion in the first four months of 2023, down 14.10 per cent year-on-year from $17.650 billion, while the trade deficit for the period narrowed by nearly three-quarters on an annual basis, according to provisional figures from the General Department ...
Hin Pisei
https://www.phnompenhpost.com/business/intl-trade-slips-deficit-dips-72
UXO casualties down 56 per cent, say CMAA
Since the beginning of January, eleven people were injured and one killed by land mines and unexploded ordnance (UXO). According to a March 27 report from the Cambodian Mine Action Authority (CMAA), this represents a 56 per cent reduction on the same period in 2022, ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/uxo-casualties-down-56-cent-say-cmaa
Int’l footwear sales pick up pace in May: GDCE figures
The Kingdom exported “footwear, gaiters and the like; parts of such articles” to the tune of $558.542 million in the first five months of 2023, down 20.44 per cent year-on-year from $702.060 million and down 23.11 per cent half-on-half (compared to July-November 2022) from $726.4 ...
Hin Pisei
https://www.phnompenhpost.com/business/intl-footwear-sales-pick-pace-may-gdce-figures
Informal tourism sector workers granted NSSF
Three ministries issued have a joint prakas on Health Equity Funds for employees in the informal tourism sector. The parkas, which was jointly signed on June 19 by Minister of Economy and Finance Aun Pornmoniroth, Minister of Health Mam Bun Heng and Minister of Labour ...
Neang Sokunthea
https://www.phnompenhpost.com/national/informal-tourism-sector-workers-granted-nssf
Kingdom officials in on Busan probe: report
South Korea’s Yonhap news agency reported yesterday that Cambodian officials have agreed to assist in the investigation of a scandal ridden South Korean savings bank with investments in the Kingdom. A South Korean investigation has revealed that bank executives and shareholders used deposits to ...
ADB talks Cambodia funding priorities
The Asian Development Bank (ADB) is focusing on lending to the agriculture, education, finance, water supply and transport sectors in Cambodia as part of its three year Country Partnership Strategy, worth $500 million. $377 million will be allocated to 12 projects in the five mentioned ...
Lake Residents’ Protest Results In Two Arrests
Two protestors of CPP Senator’s project to develop Boeng Kak Lake have been arrested after a breakdown in negotiations between city hall and the 1,500 lakeside families who were protesting. The negotiations were concerning the sort of onsite housing the families would receive as compensation ...
Ly Yong Phat Group Plans $200M Satellite City in Phnom Penh
1,300 hectares of land in Phnom Penh and Kandal province have been privatized and conceded to the LYP Group in order for them to be developed into a satellite city. LYP Group is owned by CPP Senator Ly Yong Phat. Prime Minister Hun Sen signed ...
‘Price Dumping’ in Telecoms Market Still Persists
The Ministry of Post and Telecommunications implemented a law preventing mobile phone service providers from selling at less than cost over a year and a half ago, though the companies are still lowering their tariffs in an effort to remain competitive in the highly saturated ...
Union, M&V sew up deal
Negotiations mediated by provincial labour officials yesterday between management of the M&V International Manufacturing garment factory in Kampong Chhnang and union representatives were successful, representatives from both sides said. The company accepted 12 demands from workers and both sides agreed to forward four unresolved issues to ...
Torrential storm hits 3 provinces; 1 killed
One woman was killed, several villagers injured and more than 80 houses destroyed or badly damaged by storms that swept through the provinces of Siem Reap, Banteay Meanchey and Mondulkiri over the weekend, provincial officials said yesterday. “I have never seen this kind of storm ...
Stock Exchange Launches, Waits for Customers
The Cambodian Stock Exchange in Phnom Penh was launched by Finance Minister Keat Chhon, who has called on state-owned corporations to prepare for their initial public offerings. No companies as of yet are listed on the Cambodian Securities Exchange (CSX), though the launch was symbolic ...
Expand Property Law for Foreigners, Premier Says
Prime Minister Hun Sen has called for the current law only allowing Cambodians to own property from the ground floor up to be scrapped. Currently foreigners can only buy apartments from the second floor and above. The purpose of the move is to increase foreign ...
K Speu Court Summons Three in Land Dispute
Three villagers have been summoned as a result of bloody clash last year stemming from a land dispute and eviction by the Kompong Speu Provincial Court. The 65 hectares of land have been awarded to Kuo Sheng a Taiwanese businessman by the Supreme court. Licadho, ...
New flights to Myanmar after delay
Myanmar Airways International (MAI) is slated for a November 2 launch of bi-weekly flights between Phnom Penh and Myanmar’s economic hub and former capital, Yangon, Cambodian Aviation officials said yesterday. The flights – on 162-seat A320 jets – will transfer in Siem Reap before continuing on ...
Climate vulnerability in focus
The Royal Government needs to address the environmental impacts not only from climate change but from man-made, water-based infrastructure such as dams before another natural disaster like the recent flooding claims hundreds of lives, community representatives said yesterday. At the first NGO Forum conference on climate ...
Chea Mony Resigns from Union Confederation Role
Free Trade Union (FTU) President Chea Mony said yesterday that he has split from longtime colleague Rong Chhun by stepping down from his position in the Cambodian Confederation of Unions (CCU). Mr. Mony said he had resigned on Friday from his position as Secretary-General of the ...
Police to ‘monitor’ activists
Kampong Thom province Police and soldiers have been deployed to Prey Lang forest to monitor the activities of about 500 villagers patrolling for illegal loggers, a police official said yesterday. The police and military officers gathered along a road leading to the CRCK rubber company, which has ...
http://www.phnompenhpost.com/index.php/2012032755262/National-news/police-to-monitor-activists.html
Thai agro-processing plant nears completion
BETAGRO Group, one of Thailand’s largest integrated agro-industry businesses, announced this week that its US$16.3 million animal feed plant in Cambodia is 95 percent complete. The plant, 12 kilometers from Phnom Penh, will initially produce 12,000 tonnes of animal feed per year, but that number ...
Hun Sen: New government in September
After winning what is said to be a landslide victory in Sunday’s polls, caretaker Prime Minister Hun Sen announced on Thursday that new members to the National Assembly would be confirmed, and a new government created by the third week of September. However, a leader ...
Ben Sokhean
https://www.phnompenhpost.com/national/hun-sen-new-government-september