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PWSA profit declines by 16.31% in 2022

Public-listed Phnom Penh Water Supply Authority (PWSA) yesterday declared a profit of KHR108 billion ($26.6 million) for the financial year 2022, a decline of 16.31 percent compared to the previous year. ...

Manoj Mathew
https://www.khmertimeskh.com/501263142/pwsa-profit-declines-by-16-31-in-2022/

Cross-border QR payments between China and Cambodia launch

The National Bank of Cambodia (NBC) and UnionPay International (UPI) signed a deal on Monday to promote cross-border payment with China and improve the use of the Khmer riel. ...

Yatt Malai
https://kiripost.com/stories/cross-border-qr-payments-between-china-and-cambodia-launch

Malaysian Foreign Ministry: No public programme held during Sam Rainsy’s stay in Malaysia

Ministry of Foreign Affairs of Malaysia has issued a press release reassuring that there was no public programme held during the self-imposed exile Sam Rainsy’s stay in Malaysia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501301008/malaysian-foreign-ministry-no-public-programme-held-during-sam-rainsys-stay-in-malaysia/

Education minister issues order limiting cellphone use in classes

Minister of Education, Youth and Sport Hang Chuon Naron has issued a directive barring students from using phones or electronic devices in classrooms or during study hours without the permission of teachers. ...

Post Staff
https://www.phnompenhpost.com/national/education-minister-issues-order-limiting-cellphone-use-classes

Cambodia seeks 1.7 billion SDR loan for development projects

Cambodia has unveiled ambitious plans to secure a loan of 1.7 billion in Special Drawing Rights (SDR), or $2.3 billion, in 2024 for the development of key sectors. ...

Thang Sinorn
https://kiripost.com/stories/cambodia-seeks-17-billion-sdr-loan-for-development-projects

Digital Business Expo held to enhance digital transformation to entrepreneurs

Techo Startup Centre organised a Digital Business Expo with the theme of Startup, Innovation, and Technology in the Context of the Digital Economy and Society at Sofitel Phnom Penh Phokeethra. ...

Khmer Times Staff
https://www.khmertimeskh.com/501397415/digital-business-expo-held-to-enhance-digital-transformation-to-entrepreneurs/

PM orders restrictions on alcohol promotion

Prime Minister Hun Manet has directed the Ministry of Information and relevant bodies to reinforce regulations on alcohol advertising, stressing that the depiction of alcohol consumption shall no longer be allowed on television. ​ ...

Mom Kunthear
https://www.phnompenhpost.com/national/pm-orders-restrictions-on-alcohol-promotion

Indonesia to import 22,500 tonnes rice from Cambodia for Eid al-Fitr

The Indonesian Government is planning to import 22,500 tonnes of rice from Cambodia to complement domestic stocks in meeting the needs ahead of Eid al-Fitr, the National Food Agency (Bapanas) stated. ...

Khmer Times Staff
https://www.khmertimeskh.com/501459050/indonesia-to-import-22500-tonnes-rice-from-cambodia-for-eid-al-fitr/

King, Queen Mother grant audience to Oknha Association delegation

King Norodom Sihamoni and Queen Mother Norodom Monineath Sihanouk granted an audience for a group of nearly 200 tycoons led by Ly Yong Phat, president of the Cambodian Oknha Association on Saturday. ...

Torn Vibol
https://www.khmertimeskh.com/501426627/king-queen-mother-grant-audience-to-oknha-association-delegation/

Cambodia’s exports grow by 13% in past seven years

Cambodia’s exports grew by an average of 13.3 percent between 2017 and 2023 and reached $23.47 billion, or 54.7 percent of the country’s gross domestic product in 2023. ...

Khmer Times Staff
https://www.khmertimeskh.com/501484828/cambodias-exports-grow-by-13-in-past-seven-years/

WHO to continue strengthening cooperation with Cambodia

Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, received here at the Peace Palace yesterday visiting Dr. Saia Ma’uPiukala, Regional Director for the Western Pacific at the World Health Organisation (WHO). ...

Khmer Times Staff
https://www.khmertimeskh.com/501509993/who-to-continue-strengthening-cooperation-with-cambodia/

False alarms trigger fainting

Three false alarms at a garment factory triggered another mass fainting incident yesterday morning, sending 59 female staff, including one security guard, to hospitals and clinics, according to a statement from the Ministry of Labour. The first alarm went off  about 7:40am in a sewing section, ...

http://www.phnompenhpost.com/index.php/2011120953262/National-news/false-alarms-trigger-fainting.html

Broadcast Bias Means CPP Dominates Airtime

The ruling CPP recieved nearly twice as much television and radio airtime last year than any other political party, and access to the broadcast media continues to be constrained by bias toward Prime Minister Hun Sen’s party, an election-monitoring group said in its annual report. ...

Motorcycles, Money Offered to SEZ Victims

Bavet city officials ordered a deputy village chief to offer two victims of the Feb. 20 shooting in Svay Rieng province cash or a motorcycle in return for them not filing a court complaint against the man who shot them inside a special economic zone. ...

Rice Grower to Set Up Farms in Cambodia and Myanmar

Hybrid rice producer SL Agritech Corp. plans to set up a plantation in Cambodia via a joint venture instead of shipping out produce from its Philippine farms, a ranking official said last week. “We are looking at starting the shipment of seeds to Cambodia and to ...

http://www.bworldonline.com/content.php?section=Corporate&title=Rice-grower-to-set-up-farms-in-Cambodia-and-Myanmar&id=37530

Police Arrest TTY Manager Over Shooting

Kratie provincial police have arrested the general manager of TTY rubber company, and he is now facing charges for his role in a Jan. 18 shooting of four villagers by the company’s armed guards, police and court officials said yesterday. Authorities arrested two TTY guards ...

PPWSA edges closer to IPO

As expected, the book-building phase for Phnom Penh Water Supply Authority’s initial public offering was significantly oversubscribed, the estimate being 17 times. Interested investors had the opportunity to bid at a price  no lower than 4,050 riel a share, and at a maximum of 6,350 riel ...

http://www.phnompenhpost.com/index.php/2012032855274/Business/ppwsa-edges-closer-to-ipo.html

Chinese eye asset management

A group of Chinese investors has expressed interest in investing in Cambodia’s asset management sector and tapping into the vast opportunities for businesses and investments brought about by the Kingdom’s current economic development. Kao Thach, the CEO of state-owned Rural Development Bank (RDB), met with a ...

Thou Vireak
https://www.phnompenhpost.com/business/chinese-eye-asset-management

Hey, waiter!

While tourism numbers in Cambodia are growing rapidly, visitors might increasingly have a hard time finding a restaurant to their liking since the country is experiencing a shortage of qualified personnel, especially waiters and chefs, accordingly to the Cambodia Restaurant Association. “The tourism industry needs at ...

Cambodia Says No Strings Attached in Recent Chinese Aid

China has done a lot to support Cambodia over the years, with millions of dollars in aid, loans and investment. But after reports last week that China has pledged another $500 million in soft loans and grants-and publicly thanked Cambodia for its support in Southeast ...

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