Inflation Will go Down Later this Year, Economy Minister Said
The Consumer Price Index increased by a total of 7.1 percent in June 2011 compared to the same period last year at the same time. Ministry of Economy and Finance expects that inflation would go down to 6.5 percent at the end of this year ...
Government Reverses Ban, Agrees to CNRP March
The Ministry of Interior announced Tuesday in a last minute meeting that it would allow the opposition CNRP to take 1,000 people through the streets of Phnom Penh to deliver a petition to the U.N. and eight foreign embassies during its three-day mass demonstration that ...
Mech Dara and Alex Willemyns
http://www.cambodiadaily.com/elections/government-reverses-ban-agrees-to-cnrp-march-45694/
Social Security Fund starts new insurance scheme
The National Social Security Fund (NSSF) on Monday launched an initiative to provide health insurance to the nation’s workforce, a plan that the country’s largest employers’ associations said was premature. NSSF director Ouk Samvithya said that by the middle of this year, enterprises in the country ...
Aun Pheap and Matt Blomberg
http://www.cambodiadaily.com/news/social-security-fund-starts-new-insurance-scheme-55375/
Statement from U.S. Embassy Phnom Penh on the Kem Sokha verdict
On 3 March 2023, the U.S. Embassy Phnom Penh issued a statement on the Kem Sokha verdict. The United States is deeply troubled by the conviction of respected Cambodian political leader Kem Sokha. The multi-year process to silence Kem Sokha, based on a fabricated conspiracy, is ...
U.S. Embassy in Cambodia
Borei Keila Residents Protest Resettlement Plan
Residents of Borei Keila in Phnom Penh are protesting their resettlement. They were promised housing by Phanimex Company in exchange for the land they gave to the developers, who are said to not completed their side of the deal. So far only 7 of 10 ...
Worker 'threatened' for speaking to press
A Cambodian migrant worker in Thailand has said that a recruitment firm in Phnom Penh that sent him and about 1,000 others to work at an “exploitative” factory is threatening him because he spoke to the press. Keo Ratha, 37, said yesterday he received a threatening ...
Mortgage lending improving as real estate sector slowly returns to strength
Mortgages are increasingly being used by home buyers in Cambodia according to experts. Commercial banks had slowed direct loans to property development in the wake of the 2008 global financial crisis, though mortgage lending has increasingly filled the space, said National Valuers Association of Cambodia ...
Fashionistas Plan Extravanganza in Cambodia
2,000 some fashionistas from around Asia will descend on Phnom Penh in October for 10 days during the country’s first fashion event, costing an estimated $1 million. According to Sophy Ke, president of the Cambodia Fashion Council, Cambodia Fashion Week is intended to increase domestic ...
High-output rice seed factory set to be built
Cambodia firm Overseas Cambodia Investment Corporation yesterday signed a Memorandum of Understanding with a Singapore-based company to develop a high-output rice seed factory in the Kingdom. The cooperation between major investment firm OCIC and agriculture research company Smah Prum Royal International Pte Ltd is set to ...
Tourism will drive food service sector growth zzz
Cambodia will require an additional 1,000 restaurants by 2020 to service the Kingdom’s growing tourism sector, Ministry of Tourism officials say. By 2020, seven million international visitors, and as many as 10 million domestic tourists, were expected to visit the country’s tourist destinations each year, Tith ...
Cambodia-Thai trade still on track
Thailand’s worst floods in decades have not slowed trade with Cambodia, a Thai official in Phnom Penh said yesterday, claiming many products sought by Cambodia came from areas free of flooding. Bilateral trade between the two countries rose nine per cent year-on-year in the first nine ...
China firm plans bauxite processing plant in Kratie
China’s Erdos Hongjun planned to build a bauxite processing plant in Kratie province as part of the company’s US$1.5 billion venture in the Kingdom’s northeast, provincial officials said yesterday. The plant would serve Erdos’s mine in neighbouring Mondulkiri, an exploration licence for which was granted by ...
Chinese bank launches branch in Phnom Penh
The Industrial and Commercial Bank of China (ICBC) launched its first branch in Cambodia yesterday, bringing the total number of commercial banks in the country to 30. Speaking at the inauguration of the branch in Phnom Penh, Finance Minister Keat Chhon made an appeal to ICBC ...
Land dispute: threatened villagers protect land
Roughly 100 villagers were allegedly threatened by soldiers brandishing AK-47s yesterday, while attempting to block a company from bulldozing their farms in Kratie province’s Snuol district. Soun Vicheka, a representative of 136 families in Snuol commune’s Krasaing village, said villagers formed a human chain to prevent Horizon ...
Poipet SEZ signs first lease to Japan firm
Japanese firm Sumitronics signed a lease to become the first tenant at the Poipet Special Economic Zone, which was established as a subsidiary of the publicly listed Phnom Penh Special Economic Zone (PPSEZ) in 2014. The electronics firm leased a 1-hectare plot of land in ...
Robin Spiess
https://www.phnompenhpost.com/business/poipet-sez-signs-first-lease-japan-firm
WB: Cambodia among the fastest electrifying
Cambodia is currently among the fastest electrifying countries in the world, with coverage reaching 89.1 per cent as of the end of 2017, a newly published World Bank report says. The Kingdom has made significant progress in providing access to electricity, becoming one of four ...
Hor Kimsay
https://www.phnompenhpost.com/business/wb-cambodia-among-fastest-electrifying
Vietnamese held over illegal fishing in Pursat
Police on Saturday detained 19 Vietnamese including two women in Pursat province for fishing with illegal equipment in a protected area in Koh Ka Ek Village in Kandieng district’s Raingtoel commune. The General Commissariat of the National Police said on Monday that the authorities also ...
Ry Sochan
https://www.phnompenhpost.com/national/vietnamese-held-over-illegal-fishing-pursat
Report shows China demand will fuel growth of rice exports
Cambodia’s rice production and exports will likely continue to grow this year and next year despite low milling rates, buoyed by strong demand from China, according to a report from the United States Department of Agriculture (USDA). In the report released last week, the USDA ...
Robin Spiess
https://www.phnompenhpost.com/business/report-shows-china-demand-will-fuel-growth-rice-exports
Bayon restoration to resume
The Japanese and Cambodian governments have allocated $1,5 million to fund phase five of the Bayon temple restoration project, a Unesco official said on Tuesday. Unesco Culture Programme Specialist Philippe Delanghe told The Post yesterday that the project which is slated to begin this year ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/bayon-restoration-resume
Samroang city water shortages
The Ministry of Water Resources and Meteorology has decided to dig a one-hectare pond to store day-to-day water for the Oddar Meanchey provincial prison and its surroundings. The prison is located in Samroang city, an area currently facing shortages of water. Provincial Governor Pen Kosal ...
Pech Sotheary
https://www.khmertimeskh.com/50577080/samroang-city-water-shortages/