Cambodia attracted $396 mil fixed-asset investment in July
Cambodia attracted $396 million in fixed-asset investment in July this year, the Council for the Development of Cambodia (CDC) said in a news release on Wednesday.
Khmer Times Staff
https://www.khmertimeskh.com/501570504/cambodia-attracted-396-mil-fixed-asset-investment-in-july/
Cambodian PM will visit Bangkok next month
Prime Minister Hun Manet will pay a one-day official visit to Thailand next month to strengthen the bilateral ties, according to an informed diplomatic source.
Khmer Times Staff
https://www.khmertimeskh.com/501419522/cambodian-pm-will-visit-bangkok-next-month/
Cambodia approves $9.4 billion for Government spending
The Cambodian government has approved the draft budget of 38,829 billion riels ($9.4 billion) for government spending in 2024, a decrease from $9.64 billion in 2023, reported Xinhua.
Khmer Times Staff
https://www.khmertimeskh.com/501383281/cambodia-approves-9-4-billion-for-government-spending/
ANA opens training program on Heritage Education for students in 2024
The Apsara National Authority, in collaboration with the Khmer Cultural Heritage Organization and the local authority, opened a training program on Heritage Education for students at Hun Sen Prasat Bakong High School, Siem Reap Province.
Khmer Times Staff
https://www.khmertimeskh.com/501445291/ana-opens-training-program-on-heritage-education-for-students-in-2024/
Low revenue forces Cambodia’s oldest newspaper ‘Phnom Penh Post’ to end print publication by March 29
The Phnom Penh Post will cease publication by March 29 following a significant fall in advertising revenues since the Covid-19 pandemic and the subsequent economic downturn, although the paper will continue operating online.
Khuon Narim and Sovann Sreypich
https://cambojanews.com/low-revenue-forces-cambodias-oldest-newspaper-phnom-penh-post-to-close-march-29-final-print/
Disability Action Team set up for rehabilitation of the disabled
The Ministry of Interior has established a “Disability Action Team” to help advice Ministry on issues related to the disabled people and increase their employment opportunities within the Ministry.
Torn Vibol
https://www.khmertimeskh.com/501451831/disability-action-team-set-up-for-rehabilitation-of-the-disabled/
SMEs registration inches up to 443,628 last year
The Ministry of Industry, Science, Technology, and Innovation (MISTI) registered a new growth of small and medium enterprises (SMEs) by 1.43 percent to 44,628 last year, an official report showed.
Chea Vanyuth
https://www.khmertimeskh.com/501444697/smes-registration-inches-up-to-443628-last-year/
Incentives await investors spending for skills training
A set of incentives awaits investors who can provide skills development training for employees in their Cambodia businesses, reminded the Council for the Development of Cambodia (CDC) recently.
Manoj Mathew
https://www.khmertimeskh.com/501457946/incentives-await-investors-spending-for-skills-training/
CHN Energy to explore renewable power potential in Kingdom
CHN Energy Investment Group Co. LTD, a state-owned mining and energy company in China, has proposed energy investment focusing on renewable power sources – solar PV and hydropower dams.
Chea Vanyuth
https://www.khmertimeskh.com/501470291/chn-energy-to-explore-renewable-power-potential-in-kingdom/
Cambodia’s trade with ASEAN up 19% in Q1
Cambodia’s trade with other ASEAN countries rose by 18.64 percent to $4.32 billion in the first quarter of this year, a report from the Ministry of Commerce showed.
Chea Vanyuth
https://www.khmertimeskh.com/501473546/cambodias-trade-with-asean-up-19-in-q1/
Cambodia’s bicycle export down 43 pct in Q1
Cambodia’s bicycle export fell 43 percent year on year in the first quarter of 2024, said a General Department of Customs and Excise’s report on Tuesday.
Khmer Times Staff
https://www.khmertimeskh.com/501473617/cambodias-bicycle-export-down-43-pct-in-q1/
Interior Ministry plans blacklist for drunk drivers
The Ministry of Interior is studying the possibility of creating a database or blacklist to record those who drive while intoxicated and cause traffic accidents resulting in injuries or deaths.
Torn Vibol
https://www.khmertimeskh.com/501428669/interior-ministry-plans-blacklist-for-drunk-drivers/
SMEs registration inches up to 443,628 last year
The Ministry of Industry, Science, Technology, and Innovation (MISTI) registered a new growth of small and medium enterprises (SMEs) by 1.43 percent to 44,628 last year, an official report showed.
Chea Vanyuth
https://www.khmertimeskh.com/501444697/smes-registration-inches-up-to-443628-last-year/
MoC warns of strict legal action against promoting fake products
The Ministry of Commerce has issued a proclamation stating that strict legal action shall be initiated against those who promote to sell products, goods and services that contain false commercial descriptions.
Nhean Chamrong
https://www.khmertimeskh.com/501476979/cambodia-china-agree-to-formulate-joint-corridors/
Announcement on 6 new positive COVID-19 cases of Cambodian-Muslim who attended religious ceremony in Malaysia and 3 positive case of Malaysian
On 17 March 2020, the Ministry of Health issued an announcement on the finding of 09 positive COVID-19 cases , six of which are Cambodian-Muslim who recently returned from religious ceremony in Malaysia and three cases are Malaysian males. These include:1. In Siem Reap province:
Ministry of Health
Prosecutors Meet to Discuss Treatment of Incarcerated Minors
The judiciary has signed off on a new set of guidelines designed to regulate the work of prosecutors in many areas, including the rights of minors in the judicial system.
Ouk Savuth, general director of the Court of Appeal, signed off on the guidelines on August
Khy Sovuthy
http://www.cambodiadaily.com/news/prosecutors-meet-to-discuss-treatment-of-incarcerated-minors-41526/
Opposition’s Demand for TV Access Crucial, Futile
Speaking on the first day of the opposition’s three-day mass demonstration in Phnom Penh’s Freedom Park last month, CNRP spokesman Yim Sovann announced to an electrified crowd that the party would be seeking its own television station in negotiations with the ruling CPP.
With the
Cambodian ruling party faces test over next 5 years
Cambodian political analysts said Prime Minister Hun Sen needs to make “serious and deep reforms” over the next five years to restore his popularity after his party survived with a slim majority in July’s disputed general election.
Sok Touch, deputy director of the Royal Academy
Global Times
http://www.globaltimes.cn/content/829846.shtml#.Up_bWNIW2ls
Unions unite on draft law
7 unions working together have said that they refuse to support a union law that has been drafted as the government has ignored their recommendations. The potential legislation is said to be prohibitively restrictive and the unions have said they will boycott by organizing peaceful
http://www.phnompenhpost.com/index.php/2011070850278/National-news/unions-unite-on-draft-law.html
Central Bank In Talks to Up Reserve Rate
The National Bank of Cambodia (NBC) is thinking of raising the reserve required for banking deposits. The aim is to slow inflation and lessen the chance of an economic meltdown. The NBC is considering raising the rate after inflation reached 6.5 percent in May compared
