New Kampot Salt Farm Has Big Ambitions
TOEK CHHOU DISTRICT, Kampot province – A donor-backed project launched here on Saturday aims to produce Cambodia’s first export-quality sea salt and invigorate the struggling local salt industry. In a ceremony among Kampot’s vast fields of coastal saltpans and low levees, company representatives from Asia Salt ...
http://www.cambodiadaily.com/business/new-kampot-salt-farm-has-big-ambitions-20505/
Moody's: Cambodia's rating constrained by narrow economic base, policy limitations
Global rating agency Moody’s Investors Service said Thursday that despite rapid growth, the small size and the narrow diversification of Cambodia’s economy constrained its B2 rating. The limited effectiveness of monetary policy due to a high rate of dollarization was also a rating constraint, the rating ...
Xinhua News Staff
http://www.china.org.cn/world/Off_the_Wire/2013-08/22/content_29799938.htm
Shift in focus for donors may spell trouble: study
Dwindling donor funding for combating HIV/AIDS, malaria and tuberculosis could have a critical impact on low-income countries like Cambodia, a new study has found, with some health workers in the Kingdom saying that the squeeze is already being felt. ...
Yesenia Amaro
http://www.phnompenhpost.com/national/shift-focus-donors-may-spell-trouble-study
Government prepares housing plan for poor
The Royal government through Ministry of Land Management, Urban and Construction held a workshop with local and international organizations and real estate companies to design strategic and financial planning for housing project for low-and-medium-income people, especially vulnerable group. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/government-prepares-housing-plan-for-poor-8992
Government prepares housing plan for poor
The Royal government through Ministry of Land Management, Urban and Construction held a workshop with local and international organizations and real estate companies to design strategic and financial planning for housing project for low-and-medium-income people, especially vulnerable group. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/government-prepares-housing-plan-for-poor-8992
Booming growth pushes Cambodia to lower-middle income status
Despite some appearances to the contrary, things in Cambodia are looking pretty rosy at least according to the World Bank. In its latest revision of world economies the Bank raised Cambodia’s status from a low-income economy to a lower-middle income country. ...
Vat Vin
http://aecnewstoday.com/2016/booming-growth-pushes-cambodia-to-lower-middle-income-status/
Poverty causes trafficking to China, says report
A report published last week by the UN Action for Cooperation Against Trafficking in Persons (UN-ACT) says the main cause of human trafficking from Cambodia to China was a lack of jobs and low wages, forcing many young women to look at opportunities abroad. ...
Tin Sokhavuth
http://www.khmertimeskh.com/news/29214/poverty-causes-trafficking-to-china--says-report/
Unrelenting rains
Provinces nationwide – particularly those along the Cambodia-Thailand border – are likely to experience more flooding as a result of a low-pressure system that is expected to bring rain across the country, according to a forecast from the Ministry of Water Resources and Meteorology. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/unrelenting-rains
Tiger Airways launches Hyderabad and Phnom Penh routes from Singapore
Tiger Airways has launched two new routes from its Singapore (SIN) base, using its single fleet of 180-seat A320s. On 27 September, the low-cost airline began operating five times weekly to Hyderabad (HYD) in southeast India – the airline’s sixth destination in India ...
PetroVietnam Suspends Kompong Thom Operation
Low oil prices and internal management changes have forced PetroVietnam Exploration Production Corporation (PVEP), a member of the state-owned Vietnam Oil and Gas Group, to suspend its operations in Kompong Thom, a senior official with the Ministry of Mines and Energy (MME) said yesterday. ...
May Kunmakara
http://www.khmertimeskh.com/news/23646/petrovietnam-suspends-kompong-thom-operation/
Anticipation grows over test scores
Rumours swirling in local media of a grade 12 exam pass rate of 80 per cent – which would mark a massive year-to-year improvement – were neither confirmed nor denied by the Ministry of Education yesterday, though some grading tests reported low scores in certain ...
Taing Vida
http://www.phnompenhpost.com/national/anticipation-grows-over-test-scores
Races hung out to dry
Citing low water levels of the Tonle Sap as the cause, Prime Minister Hun Sen yesterday justified his decision to call off the upcoming Water Festival in Phnom Penh in a speech in Kampot, even as some observers suggested political concerns motivated the event’s abrupt ...
Mom Kunthear and Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/races-hung-out-dry
Hun Sen vows to launch new bank for SMEs
Prime Minister Hun Sen yesterday pledged to start a new bank with an initial capital of $100 million to provide financing for small and medium enterprises (SMEs), with industry players saying its success hinged on whether concessional or low interest rates could be provided to ...
Hor Kimsay
http://www.phnompenhpost.com/business/hun-sen-vows-launch-new-bank-smes
Sam Rainsy appeals for end of revenge culture
The opposition Cambodia National Rescue Party (CNRP) president Sam Rainsy appealed Sunday to activists and supporters to end what is called the culture of revenge. “We should stop what is called ‘at high tide the fish eat ants; at low tide the ants eat fish’,” Sam ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=NjI3N2FhMGIzM2N
Poor electricity and labor force hurting economy, report says
The World Bank and Asian Development Bank issued a report on Tuesday, urging Cambodia to improve its electricity supply and workforce in order to be competitive. Intermittent electricity, informal payments and a low-skill labor force are all major constraints to doing business in Cambodia, the ...
Heng Reaksmey
http://www.voacambodia.com/content/poor-electricity-and-labor-force-hurting-economy-report-says/2499227.html
World Bank hears local officials’ woes for pending 3-year plan
High electricity prices, low wages, limited irrigation and modest rice and crop prices were among the top concerns raised by government officials at a workshop in Phnom Penh on Monday to help the World Bank decide how to spend its money on the country over ...
Aun Pheap and Zsombor Peter
https://www.cambodiadaily.com/news/world-bank-hears-local-officials-woes-for-pending-3-year-plan-87426/
EDC slows roll on discount
State energy provider Electricite du Cambodge (EdC) has announced plans to temporarily halt the installation of new connections under its energy discount initiative for garment workers and low-income students in Phnom Penh, a program union leaders have largely praised as effective. ...
Sarah Taguiam and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/edc-slows-roll-discount
Indian investors warming up to Cambodia
Although bilateral trade between India and Cambodia remains low, investors from the subcontinent are eying the market here for its potential as a regional hub for their agricultural, machinery and industrial products, B. Sarkar, executive director of the Engineering Export Promotion Council (EEPC) of India, ...
Chea Vannak
http://www.khmertimeskh.com/news/21600/indian-investors-warming-up-to-cambodia/
Cambodia's economic status raised to lower-middle income
The World Bank has officially revised the status of Cambodia’s economy, moving it up a rung from the low-income bracket into lower-middle income territory – a reclassification that economists expect will lead to a scale-back of foreign aid and preferential trade access over the coming ...
Cam McGrath and Hor Kimsay
http://www.phnompenhpost.com/business/cambodias-economic-status-raised-lower-middle-income
Cargo giants call on Sihanoukville port
As Cambodia’s sole deep-sea port in Sihanoukville looks to increase its presence on global shipping routes, the decision by two major Chinese shipping companies six months ago to call at the port has seen mixed results, with one firm already dropping out due to low ...
Sor Chandara
http://www.phnompenhpost.com/business/cargo-giants-call-sihanoukville-port