Efforts to formalise SMEs fall short
The Cambodian government has made negligible progress in bringing small- and medium-size enterprise (SMEs) into the regulatory fold, reporting a less than 0.5 percent increase in the total number of companies registered in the last five years – a sign business professionals claim shows that ...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/efforts-formalise-smes-fall-short
The week at CSX
The price of Phnom Penh Water Supply Authority (PPWSA) stock varied only slightly between June 14 to June 21-hovering between KHR 6,600 (US$1.62) and KHR 6,700 (US$1.64). The relative stability tells investors that the stock is approaching its fundamental price, which experts say is between KHR 4,050 (US$0.99) and KHR 6,350 (US$1.56). ...
IMF projects further acceleration in Cambodian growth
The International Monetary Fund is projecting further modest acceleration in Cambodia’s rate of economic expansion over the next five years. In the latest World Economic Outlook released Tuesday, the IMF projects that Cambodia’s gross domestic product will grow from an estimated 7.0 percent last year to ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=M2VkZmJjNTE5ZjU
Profits up in third quarter for PPWSA
The Phnom Penh Water Supply Authority (PPWSA) saw a dramatic increase in profits during the third quarter of this year, according to the state-run firm’s latest filing to the Cambodian Stock Exchange (CSX). PPWSA profits after tax topped $4.5 million during the three-month period ending September ...
Eddie Morton
http://phnompenhpost.com/business/profits-third-quarter-ppwsa
Cambodia collects $2.95 billion as fiscal revenue in first half of 2020
The Royal Government of Cambodia collected $2,956 billion as revenue from all sources of taxes, a slight decrease of 0.7 percent compared to the same period last year. ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50746069/cambodia-collects-2-95-billion-as-fiscal-revenue-in-first-half-of-2020/
U.S. gov't launches HIV research project in Cambodia
The United States government on Wednesday launched a HIV research project in Cambodia, aiming to collect and disseminate critical data that will help the country in the fight against HIV. Men Chean Rithy, coordinator for the newly-launched HIV Innovate and Evaluate Project, said the U.S. provided ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131211/us-govt-launches-hiv-research-project-cambodia
Inflation low in 2012: IMF
The International Monetary Fund (IMF) projected that Cambodia will have a very low inflationary rate to 3.5 per cent this year, which is 0.1 per cent below the goverment’s new revision but 0.5 per cent higher than the Asian Development Bank (ADB). Cambodia’s government in August also revised inflation ...
http://www.phnompenhpost.com/index.php/2012100859161/Business/inflation-low-in-2012-imf.html
Stung Treng and Kratie hit by high water
Local chiefs in Stung Treng province claimed on Monday that the Mekong River has risen by almost 2m, submerging floating cabins at a local tourist attraction, while in Kratie province, a police chief said the water level has risen by 0.5m, flooding Kampi Resort. Preah ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/stung-treng-and-kratie-hit-high-water
At UN, Hun Sen calls on rich nations to fulfill aid pledges
Prime Minister Hun Sen used a speech to the U.N. General Assembly on Saturday to call on developed nations to fulfill their pledges to commit at least 0.7 percent of their annual income to foreign aid.Speaking at a summit on the U.N.’s development goals, Mr. ...
Alex Willemyns
https://www.cambodiadaily.com/news/at-un-hun-sen-calls-on-rich-nations-to-fulfill-aid-pledges-95604/
Cambodia and the West's common enemy: Tuberculosis
Estimates suggest that 0.38 percent of Cambodians have contracted TB, an alarming statistic for a country still recovering from decades of conflict. This rate shows an improvement from the early 2000s, when up to 1.5 percent of Cambodians had the disease. Even so, villagers who live far ...
Austin Bodetti
https://thediplomat.com/2018/01/cambodia-and-the-wests-common-enemy-tuberculosis/
Cassava export prices down sharply
The price per kilogram of cassava exports from Cambodia has fallen this year due to plunging market prices and a lack of processing centers in the country. The price of dried cassava in northeastern Rattanakiri province is down to 410 riel (about $0.10) per kilogram and ...
Chea Vannak
http://www.khmertimeskh.com/news/35213/cassava-export-prices-down-sharply/
WorldBridge’s SME cluster zone breaks ground in Takhmao town
WorldBridge Industrial Developments Co Ltd on November 27 broke ground on its long-awaited WorldBridge i4.0 SME Cluster zone in Kandal province. ...
Hin Pisei
https://www.phnompenhpost.com/business/worldbridges-sme-cluster-zone-breaks-ground-takhmao-town
Environment Ministry asks Kraol indigenous people to apologize for burning down building
Two weeks after the Kraol indigenous community set fire to an Environment Ministry station in Kratie, the ministry invited local authorities and indigenous people to a meeting on Wednesday and requested that the indigenous community apologize. Only one indigenous person invited attended. ...
Seoung Nimol and Hel Komsan
https://cambojanews.com/environment-ministry-asks-kraol-indigenous-people-to-apologize-for-burning-down-building/
NagaWorld union leader defends strike’s legality on day two of trial
On the second day of trial for nine NagaWorld union members accused of incitement, the Phnom Penh municipal court prosecutor claimed union leader Chhim Sithar had been directing an illegal protest while Sithar maintained she was merely participating in a legal strike aligned with labor ...
Sovann Sreypich
https://cambojanews.com/nagaworld-union-leader-defends-strikes-legality-on-day-two-of-trial/
Two Cambodians convicted following Thailand market melee
Officials are attempting to secure the release of two Cambodian men who were sentenced to three months in a Thai prison on Thursday after being summarily convicted of attacking government inspectors at a market in Sa Kaeo province the day before, according to the Ministry ...
Khuon Narim
https://www.cambodiadaily.com/news/two-cambodians-convicted-following-thailand-market-melee-107655/
Cambodia economy strong through next year: ADB
Cambodia’s economy is expected to remain strong through 2016, though it is likely to grow at a slightly slower pace than forecast earlier this year, the Asian Development Bank said Tuesday.In an update to its annual economic publication, Asian Development Outlook 2015, the ADB said ...
Bangkok Post News Staff
http://www.bangkokpost.com/news/asean/702844/cambodia-economy-strong-through-next-year-adb
Cambodia’s rice exports fall sharply
Cambodia’s milled rice exports only grew by a dismal 0.7 percent last year compared with 2015 and this was the lowest since 2014, according to government figures released yesterday. “Last year Cambodia only exported 542,144 tons of milled rice and the lowest exports were in the ...
Chea Vannak
http://www.khmertimeskh.com/news/33963/cambodia---s-rice-exports-fall-sharply/
Cambodia continues to see slow price increase
Food prices drove moderate inflation in June, with experts calling the 1.8 per cent year-on-year increase acceptable. Month on month, inflation rose at about 0.1 per cent, data from the National Institute of Statistics showed. Khin Song, deputy director general at NIS, said the slow rise in ...
Japan signs a $90m loan deal to improve highway
After reaching agreement late last month, the contract for a $90 million concession loan from Japan to Cambodia was officially signed in Phnom Penh yesterday to improve 83.5 kilometres of National Road 5. The construction is scheduled to start in June 2015 and will be ...
Cambodia permits projects worth over $140 million, including in textiles
The Council for the Development of Cambodia (CDC), which is Cambodia’s highest decision-making body for large-scale investments, has given the go-ahead to 17 investment projects involving a total of $141.72 million – plus or minus $0.805 million to account for rounding – that are expected ...
Khmer Times Staff
https://www.khmertimeskh.com/501145062/cambodia-permits-projects-worth-over-140-million-including-in-textiles/