Angkor 2023 ticket sales to foreign visitors rake in over $37M
Cambodia earned $37.19 million from Angkor Archaeological Park ticket sales last year, which is a 222-percent increase compared to the year before, the state-owned Angkor Enterprise report showed on Monday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501416458/angkor-2023-ticket-sales-to-foreign-visitors-rake-in-over-37m/
Sokha calls for Poipet border improvements
Minister of Interior Sar Sokha has urged police officers at the Poipet International Border Checkpoint to focus on ensuring that the port of entry is an attractive, secure, sanitary facility which provides effective services and enhances the national prestige. ...
Sok Raksa
https://www.phnompenhpost.com/national/sokha-calls-poipet-border-improvements
Cambodia’s foreign reserves rise to $20 bln in 2023
Cambodia’s international reserves increased to $20 billion in 2023, representing a year-on-year rise of 12.3 percent, the central bank said on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501429536/cambodias-foreign-reserves-rise-to-20-bln-in-2023/
Techo international airport’s phase 1 on final leg of construction
The new Phnom Penh airport, Techo International Airport’s (TIA) $1.5 billion phase one is 78 percent complete as of June 24, with $1.13 billion used so far, according to joint venture firm Cambodia Airport Investment Co Ltd (CAIC) on Monday. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/techo-international-airports-phase-1-on-final-leg-of-construction
Swell in int’l tourist arrivals injects $1.7B into economy
Cambodia’s tourism industry is making a strong comeback with the sector contributing significantly to the country’s economic growth. ...
Chea Vanyuth
https://www.khmertimeskh.com/501533204/swell-in-intl-tourist-arrivals-injects-1-7b-into-economy/
Cambodia launches payment app for int’l tourists
Cambodia launched a payment system on Monday to enable tourists to pay at 3.3 million retail shops across Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501544419/cambodia-launches-payment-app-for-intl-tourists/
IFC invests over $438 million in Cambodia’s financial sector
International Finance Corporation (IFC) – a financial institution that promotes private-sector development in the least developed countries (LDCs) – has increased its investment from $167.5 million to $438.5 million into the Kingdom’s financial sector, a rise of 260 percent over the past five years. ...
Nhean Chamrong
https://www.khmertimeskh.com/501551175/ifc-invests-over-438-million-in-cambodias-financial-sector/
Techo International Airport ready to be launched in mid-2025
As of the end of July 2024, the construction project of Techo International Airport has achieved more than 80% with a total cost of about 1.2 billion dollars and is scheduled to be completed by the end of 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501552145/techo-international-airport-ready-to-be-launched-in-mid-2025/
World Bank supports Cambodia's higher education with $80M project
The World Bank has approved $80 million in funding to enhance the quality of higher education in Cambodia, with a particular focus on science, technology, engineering and mathematics (STEM). ...
Post Staff
https://www.phnompenhpost.com/national/world-bank-supports-cambodia-s-higher-education-with-80m-project
‘New Voices’: Poor Education Hurts Economic Growth
Economic growth has a close correlation with the quality of education, and not its quantity, a graduate student at the University of Chicago says. While education for all has been introduced in Cambodia, more needs to be done toward offering equal access to quality education, ...
VOA Khmer News Staff
http://www.voacambodia.com/content/new-voices-poor-education-hurts-economic-growth/1816811.html
IFC Ombudsman to help settle Phnom Penh airport land dispute
Representatives for the hundreds of families facing eviction from homes around Phnom Penh International Airport have agreed to let the compliance ombudsman of the International Finance Corporation (IFC), the private investment arm of the World Bank, mediate a solution to the land dispute with the ...
Aun Pheap and Zsombor Peter
http://www.cambodiadaily.com/news/ifc-ombudsman-to-help-settle-phnom-penh-airport-land-dispute-53146/
Japan to offer grant in support of cadastral surveying and land registration
On 24 October 2023, the Ministry of Foreign Affairs and International Cooperation issued an announcement Japan to offer grants in support of cadastral surveying and land registration on their official website.His Excellency Sok Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International ...
Ministry of Foreign Affairs and International Cooperation
One refugee on Nauru takes up resettlement offer, says Cambodian official
Just one refugee on Nauru has taken up the Australian government’s offer to settle Cambodia, according to a Cambodian official. A Cambodian interior ministry spokesman Khieu Sopheak told the Cambodia Daily that a Rohingya man was so far the only refugee who had taken up the ...
Paul Farrell
http://bit.ly/1DD4nl4
Cambodia Finally Starts Stock Trading
Nine months after Cambodia’s stock exchange was officially launched, the country’s first share started trading Wednesday, with the initial public offering of state-owned Phnom Penh Water Supply Authority. PPWSA’s stock, priced at 6,300 riel (US$1.57), jumped 48% to 9,300 riel, according to the data from the ...
http://blogs.wsj.com/deals/2012/04/18/cambodia-finally-starts-stock-trading/
Briq enters the Cambodia market
Creative agency Briq has expanded to Cambodia, its second office globally after first launching in Singapore four years ago. Briq International Cambodia will offer marketing and communication solutions – creative, production, digital services, strategic planning and research, content development, public relations, media and activation. ...
Marketing Interactive News Staff
http://www.marketing-interactive.com/briq-enters-cambodia-market/
Grave sites a concern at Sesan
Ethnic minority villagers who live in the planned reservoir zone of the Lower Sesan II hydropower project along the Sesan and Srepok rivers have said they will not move from their homes unless the dam company and authorities pay for the removal of their ancestors’ ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/grave-sites-concern-sesan
Cambodia’s budget process slightly more transparent, but issues remain: report
Cambodia’s budget process was slightly more transparent last year than in previous years, according to a new report, though scant information is provided to the public over the course of the budget process, with few opportunities for public engagement and limited oversight in its creation. ...
Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/cambodias-budget-process-slightly-more-transparent-issues-remain-report
Wildlife group raises alarm over Asia's bear trade
At least 2,800 bears in Asia were traded for their parts over the past decade, according to a report issued Thursday by an anti-wildlife trafficking group. The figure was arrived at after analysing nearly 700 bear-related seizures, and it likely represents a fraction of the overall ...
The Nation News Staff
http://www.nationmultimedia.com/breakingnews/Wildlife-group-raises-alarm-over-Asias-bear-trade-30241431.html
Plaza extends network to Cambodia
Hong Kong-based company Plaza Premium Lounge Management Limited (Plaza Premium), will design and operate airports lounges at the newly built terminal extensions of Phnom Penh and Siem Reap international airports. Both terminals will be fully operational next year. ...
Wanwisa Ngamsangchaikit
http://www.ttrweekly.com/site/2015/03/plaza-extends-network-to-cambodia/
Still more fishermen rescued in Indonesia
The number of Cambodians recently found in Indonesia after being trafficked onto Thai fishing vessels has risen to 230, the Ministry of Foreign Affairs said in a press statement released yesterday. ...
Cheang Sokha and Ethan Harfenist
http://www.phnompenhpost.com/national/still-more-fishermen-rescued-indonesia