Riel trust needed for stability
As much as $320 million is being lost annually as a result of Cambodia’s reliance on the US dollar, while a longstanding mistrust in the riel means there is less of the local currency in circulation, restricting the national bank’s ability to respond in times ...
Eddie Morton
http://www.phnompenhpost.com/business/riel-trust-needed-stability
Exports of farm goods hit 3m in Q1 this year
Cambodia exported a total of 2,936,992 tonnes of agricultural commodities and products to the international markets during the first quarter of the year. Increasing 20 percent from the same period last year, according to a report from the Ministry of Agriculture, Forestry and Fisheries released ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50708403/exports-of-farm-goods-hit-3m-in-q1-this-year/
Cambodia gains 53 factories this year
The Cambodian government has approved 53 new garment and footwear factories, worth an estimated US$338 million, during the first half of this year, compared with 38 last year valued at $180 million, despite the increase in the number of strikes affecting the industry. Officials and industry ...
Three of Cambodia’s national bird, the Giant Ibis, killed in protected area
In a single deliberate poisoning event, three Giant Ibis, equivalent to 1-2 percent of the global population, have been killed – part of a disturbing global trend where conservationists are noticing increases in hunting of protected species since the spread of coronavirus began to disrupt ...
Khmer Times Staff
https://www.khmertimeskh.com/50714406/three-of-cambodias-national-bird-the-giant-ibis-killed-in-protected-area/
Business registrations far speedier thanks to internet
“Within almost a four-month period as of October 2, 2020, we received a total of 1,793 applications, 1,367 of which have been approved and 426 of which are under review. The average number of days it takes to register a company is eight,” said Undersecretary ...
Sok Chan
https://www.khmertimeskh.com/50772450/business-registrations-far-speedier-thanks-to-internet/
Director of the Vietnamese Ministry of Police in Cambodia vows to strengthen cooperation
During a courtesy call at the Ministry of Interior on the afternoon of October 2, 2023, Brigadier General Lev Van Phuong, Director of the Vietnamese Ministry of Police in Cambodia, informed Dr. Sar Sokha, Deputy Prime Minister and Ministry of Interior of the commitment to ...
Khmer Times Staff
https://www.khmertimeskh.com/501370316/director-of-the-vietnamese-ministry-of-police-in-cambodia-vows-to-strengthen-cooperation/
ASEAN forum vows to shield children from online abuse
Cambodia and the ASEAN nations co-hosted an information technology forum, which ended in a joint commitment to protect children from online exploitation. The forum was held on November 2, with the support of UNICEF and the Cambodian government. Also joining the forum were development partners, youth ...
Chea Sokny
https://www.phnompenhpost.com/national/asean-forum-vows-shield-children-online-abuse
A threat to Kingdom’s FDI
Tokyo: Cambodia needs more than an estimated US$13 billion in infrastructure works by 2020 if the country intends to continue attracting foreign investment, a joint survey by some of the world’s top financial institutions indicated on Wednesday. During a conference held by the Japan International Cooperation Agency ...
http://www.phnompenhpost.com/index.php/2011101452126/Business/a-threat-to-kingdoms-fdi.html
Financing Cambodia's Muslims
Islamic finance could help to boost trade between Cambodia and the Middle East, as well as attract investment from Muslim-majority countries, experts said on Saturday. Knowledge of Islamic finance and banking, which bars interest lending and discourages unfair trade advantages, is almost nonexistent among Cambodia’s Muslims, ...
http://www.phnompenhpost.com/index.php/2012031254976/Business/financing-cambodias-muslims.html
Cambodia-China trade increases to $912 Million for first half of 2011
“Bilateral trade between Cambodia and China grew about 82 percent in the first half of 2011 if comparing with the same period for last year while the two countries are trying to boost the trade ties to achieve US $2.5 billion in 2012,” Ministry of ...
1.3 Million Visitors Arrive in First Semester for 2011
About 1.3 million International visitors arrived in Cambodia in semester one in 2011 with an increase of 13.4 percent if comparing to the same period last year, Tourism Minister announced at a seminar this week. “It is expected that about 2.8 million tourists will pour ...
Kingdom awaits US trade law
The US House of Representatives has renewed a trade law experts said could have a substantial effect on Cambodia’s exports to the United States, as well as the future of the Kingdom’s manufacturing sector. The Generalized System of Preferences (GSP) program waived tariffs on about US$13 ...
http://www.phnompenhpost.com/index.php/2011091251593/Business/kingdom-awaits-us-trade-law.html
Villagers Appeal to Halt Stung Treng Dam
Eleven village representatives from Stung Treng and Ratanakiri provinces traveled to Phnom Penh yesterday to meet with National Assembly lawmakers and appeal for an end to the planned construction of the Lower Sesan 2 Dam. The hydropower project, funded by Vietnam Electricity, will flood tens ...
Ban on Thesis Topics Needed, Scholars Say
Academics at the Royal University of Law and Economics defended banning thesis topics for fourth-year students, arguing that subjects such as illegal drug use and land disputes are written about too often at the school. In a Feb. 2 letter posted online and signed by the ...
Integration of Southeast Asian Stock Exchanges Hits Snag
Just months before stock exchanges in Southeast Asia plan to link up their trading, key players remain divided, with one top bourse official saying the region may be going through a “reality check” on the many hurdles facing further economic integration. The plan for cross-border trading ...
http://online.wsj.com/article/SB10001424052970203961204577270760343324718.html
PM urges ‘democracies’ to learn from horrors Cambodia faced
Prime Minister Hun Sen on Tuesday chided countries that he said declared themselves a democracy while supporting a military coup that eventually gave birth to the Khmer Rouge regime. Speaking during the 2nd Asia-Pacific Summit at the Peace Palace, Hun Sen said without naming those ...
Khorn Savi
https://www.phnompenhpost.com/national-politics/pm-urges-democracies-learn-horrors-cambodia-faced
Gov’t to raise 20% more tax revenue
As part of efforts to achieve a sound macroeconomy, the government plans to increase the revenue raised from taxation and customs and excise by more than 20 per cent next year. The 2020 national budget law approved on Tuesday targets a 28.1 per cent increase in ...
May Kunmakara
https://www.phnompenhpost.com/business/govt-raise-20-more-tax-revenue
Supplier of Gap in Spotlight
Workers striking at Ocean Garment factory say they still fear for their safety after being ordered back to work on Friday, where a manager accused of sexual harassment continues to work. More than 2,500 workers at the Phnom Penh factory – which supplies retail giant Gap ...
Ocean Garment Workers Occupy Factory
About 2,000 workers at Ocean Garment factory continued their ongoing strike yesterday by staging a sit-in on the premises of the factory in support of five union leaders facing prosecution for their role in recent protests. Workers began the sit-in yesterday after rumors spread that ...
PM will hand-deliver titles
Prime Minister Hun Sen will personally deliver land titles to residents in Kratie province’s Snuol district on September 21 following the completion of the land measuring mission by volunteer youth there. According to the premier’s order, land titles have been granted in three forms of ...
http://www.phnompenhpost.com/index.php/2012090558506/National-news/pm-will-hand-deliver-titles.html