Cambodia and China reaffirm their commitment to continue working closely in advancing the MLC cooperation
On 15 March 2024, Meas Kim Heng, Secretary of State of the Ministry of Foreign Affairs and International Cooperation and Mekong-Lancang Cooperation (MLC) SOM Leader of Cambodia, received a courtesy call by Chen Cong, Minister-Counsellor of the Embassy of the People’s Republic of China to
Khmer Times Staff
https://www.khmertimeskh.com/501456861/cambodia-and-china-reaffirm-their-commitment-to-continue-working-closely-in-advancing-the-mlc-cooperation/
Chinese firms show feasibility of Light Railway connecting airport, metro in Phnom Penh
The feasibility of a Light Railway line connecting Phnom Penh to the new airport and planned city metro (subway) was presented by the China Metro Group and Guangzhou Metro Group to the Inter-Ministry Committee of Cambodia on Saturday, said the Council for the Development of
Rachel David
https://www.khmertimeskh.com/501457950/chinese-firms-show-feasibility-of-light-railway-connecting-airport-metro-in-phnom-penh/
Govt calls for investment in electric vehicles industry
Amid the rising trend of renewable energy demand and the use of electric vehicles (EVs) in the Kingdom, the Royal Government of Cambodia (RGC) asked businessmen to seize the opportunity by investing in the EV-related industry that comes with a range of benefits for both
Nhean Chamrong
https://www.khmertimeskh.com/501470294/govt-calls-for-investment-in-electric-vehicles-industry/
PPAP revenue rise to $8m, all round growth in Q1’24
Phnom Penh Autonomous Port (PPAP) posted a 7.1 percent year-on-year revenue hike at $8.1 million for the first quarter ended March 31, 2024 from $7.5 million, with container throughput climbing 20.4 percent to 93,153 TEUs (twenty-foot equivalent units).
Sangeetha Amarthalingam
https://kiripost.com/stories/ppap-revenue-rise-to-8m-all-round-growth-in-q124
Visa launches SMB Online Toolkit to enable tourism merchants to maximise benefits of contactless payments
Visa, a world leader in digital payments, is introducing resources to help Cambodian merchants and tiny and medium-sized businesses (SMBs) take full advantage of Visa’s digital payment solutions to optimize the customer shopping experience and increase sales, particularly in the tourism sector.
Khmer Times Staff
https://www.khmertimeskh.com/501486613/visa-launches-smb-online-toolkit-to-enable-tourism-merchants-to-maximise-benefits-of-contactless-payments/
B Kak Firm Seeks Bauxite in Mondolkiri
Bauxite reserves in Mondolkiri province abandoned by Australian mining form BHP Billiton in 2009 are now being explored by China’s Mongolia Erdos Hongjun Holding Group, the same firm that is behind the controversial development of Boeng Kak lake in Phnom Penh. Kong Pisith, director of
Foreign Ministry Tells NGOs to 'Readjust' Their Actions
The Foreign Affairs Ministry met with to non-governmental groups yesterday and accused them of inciting families to oppose the rehabilitation of the Cambodian rail system, ordering the NGOs to “readjust” their workForeign Affairs spokesman Koy Kuong said his ministry invited Bridges Across Borders Cambodia and
Dredging ends, effects linger
Ruling party Senator Ly Yong Phat has kept a promise to stop his company’s dredging operations on Koh Kong province’s Tatai river, relieved business owners and residents living along the waterway said yesterday.
But provincial officials confirmed that as the senator’s dredging boats moved on to
http://www.phnompenhpost.com/index.php/2011102052249/National-news/dredging-ends-effects-linger.html
Fund raising: Kingdom may borrow more in 2012
Cambodia could borrow US$1.1 billion from other countries in 2012, 75 per cent more than this year, to help repair infrastructure damaged in flooding and support efforts to increase rice exports to one million tonnes by 2015, a senior official said yesterday.
Cheam Yeap, chairman of
Workers Protest at Factory Linked to Manhattan SEZ
More than 3,000 factory workers protested yesterday at the Manhattan Quing Dao Textiles Corp in Kompong Cham Province’s Kompong Siem District to demand that the factory owner abide by an Arbitration Council Ruling issued in late 2010, a union representative said yesterday.
The factory web site
Kingdom inflation rises on oil prices
Inflation in Cambodia rose 5.8 per cent year-on-year in January, according to figures from the National Institute of Statistics.
Rising fuel costs had spurred the inflation, which was felt largely in the price of food, officials said.
Data showed food and non-alcoholic beverage prices in January increased
Cambodia Potential
The potential for investment in Cambodia certainly appears to be there, as the country’s location in Indochina affords much opportunity for cross-border trade with Thailand, Laos and Vietnam, says Mark Mobius.
Mr Mobius, who oversees more than US $40 billion worth of investments as executive chairman
More Migrant Workers Losing Contact, NGOs Say
The number of families claiming to have lost contact with relatives working overseas has seen a significant increase in recent months, three human rights groups said Thursday.
Local rights groups Adhoc and Licadho and the legal aid association Cambodian Legal Education Center (CLEC), said that the
CPP Abusing State Property, Election Body Says
The ruling CPP is misusing state properties to further its political agenda, said the Committee for Free and Fair Elections (Comfrel) in a report that will be released today.
The report said Comfrel monitors had documented 200 instances in which state properties and resources had been
Central bank mulls its inflation response
Cambodia’s central bank is looking to tighten monetary policy to slow an inflation rate that could hit 8 to 9 percent this year, National Bank of Cambodia Director General and Spokeswoman Nguon Sokha said yesterday.
Increases in commodity prices and petroleum has led to rising prices
Unions cry foul on temp contracts
Union leaders gathered in the capital yesterday to discuss strategies to curb the garment industry’s widespread use of temporary contracts for hiring workers, saying employers were using them to discourage unions and ensure their workforce remained docile and easy to exploit.
They also accused employers of
Border Officials Ask Thailand To Stop Shooting at Loggers
Cambodian border officials urged their Thai counterparts not to shoot Cambodians who cross into Thailand illegally during a special meeting in Siem Reap city yesterday to cement border relations.
The request comes as Thai soldiers have already fatally shot 11 Cambodians this year who illegally
More Migrant Workers Losing Contact, NGOs Say
The number of families claiming to have lost contact with relatives working overseas has seen a significant increase in recent months, three human rights groups said Thursday.
Local rights groups Adhoc and Licadho and the legal aid association Cambodian Legal Education Center (CLEC), said that
Soybean Prices Increase as Farmers Move Away From Crop
The decreasing amount of farmers harvesting soybeans last year has limited supply and raised prices at the markets roughly 42 percent to 4,000 riel per kg, or about $1, according to an agricultural official and farmers.
Cheam Chan Sorphaon, director of the provincial agriculture department in
Cambodia Surges Full-Speed Ahead With Land Concessions
The government has already granted roughly 300,000 hectares in economic land concessions (ELC) so far this year, according to data released by a local rights group yesterday. The figure, which amounts to 40 percent of the total land concessions granted in all of 2011, has
