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Asia-Pacific growth poised to quicken with Chinese economy at faster pace

Developing economies in Asia and the Pacific this year are projected to see better performances than in 2022 as the continued easing of pandemic restrictions boosts consumption, tourism and investment, the Asian Development Bank (ADB) has said, highlighting “China’s reopening is the main factor brightening ...

Khmer Times Staff
https://www.khmertimeskh.com/501322842/asia-pacific-growth-poised-to-quicken-with-chinese-economy-at-faster-pace/

Press release on Mekong countries and US adopt new three-year action plan

On 30 July 2024, the Ministry of Foreign Affairs and International Cooperation issued a press release on Mekong countries and US adopt new three-year action plan on their official social media site.According to the press, His Excellency Sok Chenda Sophea, Deputy Prime Minister and Minister ...

Ministry of Foreign Affairs and international Cooperation

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June Textile Reps Solicit Aid from UN Labor Org

Representatives of the former employees of the June Textile Factory in Phnom Penh on Friday wrote to the International Labor Organization asking for help after they claimed the factory failed to make severance payments won by an Arbitration Council decision two weeks ago. Mr ...

Registered Businesses UP by 37 Percent, Data Show

Registered businesses have increased in number by 37 percent to approximately 1,528 compared with the same period for 2010. Cambodian Chamber of Commerce officials say that the number of entrepreneurs has increased with them focusing on textiles, agriculture and construction. Cambodia currently has an export ...

Indochine announces positive gold results

Indochine Mining Ltd an Australian mining company has released the results from its initial test of its Kratie North concession. Indications are that there is the possibility for a large deposit though the company has not made any claims so far. Cambodia is relatively unexplored ...

http://www.phnompenhpost.com/index.php/2011071950475/Business/indochine-announces-positive-gold-results.html

Borei Keila residents start fire, stone district office

About 200 residents of Phnom Penh’s Borei Keila community burned tires and threw rocks at the Prampi Makara district office yesterday, demanding that the district governor solve a long-running housing dispute between them and powerful construction firm Phanimex, which they say has failed to abide ...

Nation’s first sea bridge opens

A bridge crossing the sea between Sihanoukville and the island of Koh Puos in Cambodia has officially been opened by Prime Minister Hun Sen. Koh Pous owned by the Russian company Koh Pous (Cambodia) Investment Group is turning the island into a resort known as ...

http://www.phnompenhpost.com/index.php/2011071350355/Business/nations-first-sea-bridge-opens.htm

Bank’s Plan Greeted With Skepticism

A 10 year strategic plan designed to ensure financial stability in Cambodia has been released by the central bank to much skepticism. The $700,000 study sponsored by the Asian Development Bank (ADB) is said to be short on details even though it calls for the ...

Battambang districts facing drought

Four districts and over a thousand families are facing a drought in Battambang province. More rain is needed as approximately 70 percent of the province’s 250,000 hectares of rice paddies have been planted. Ministry of Agriculture, Forestry and Fisheries chief of the rice department Ngin ...

http://www.phnompenhpost.com/index.php/2011072150555/National-news/battambang-districts-facing-drought.html

After Mass Faintings, Factory Temporarily Closes

Hung Wah Cambodia Garment factory has been temporarily closed by its management after a second mass fainting spell of its floor workers. Authorities have asked that the factory close for a short time in order for the workers to have an opportunity to relax. There ...

Villagers’ Farmland Privatized for Military Use

3,800 hectares of forest in Oddor Meanchey province have been privatized for use by the Royal Cambodian Armed Forces (RCAF). Families are facing eviction and the loss of their land after the seizures though some of the land was originally designated state public property. The ...

Travel to coast down during Pchum Ben

Bad weather scared tourists from Cambodian beaches and other popular travel destinations during a three-day national holiday, provincial tourism officials said yesterday. Preah Sihanouk province saw a 30 to 35 percent drop in tourist numbers during the Pchum Ben holiday, which ended Wednesday, Seng Kha, deputy ...

http://www.phnompenhpost.com/index.php/2011093051878/Business/travel-to-coast-down-during-pchum-ben.html

Climate plan has Kingdom seeing REDD

The Forestry Administration has teamed up with the Cambodian Wildlife Conservation Society and Forest Carbon to develop a large-scale REDD project in eastern Cambodia, officials said yesterday. REDD – or Reducing Emissions from Deforestation and Forest Degradation, a UN initiative – is one of the ...

Bridget Di Certo
http://www.phnompenhpost.com/index.php/2011102752383/National-news/climate-plan-has-kingdom-seeing-redd.html

Sihanoukville Port uncompetitive ahead of listing

Just months before Sihanoukville Autonomous Port is supposed to list on the Cambodia Securities Exchange, officials said yesterday that the state-owned enterprise is still more expensive and slower at processing goods than other ports in the region. An investor said that the problems confronting the port ...

Australian grant to assist railway families

The Australian government is committing $1 million to help families being forced out of their homes to make way for a railway rehabilitation project it is co-funding with the government and the Asian Development Bank (ADB), the Australian Embassy said in a statement Friday. The embassy ...

Toilet drive aimed at reducing disease, death

Nearly 10 million Cambodians and 2.6 billion people worldwide do not have access to a toilet on a daily basis, a World Toilet Organisation official said on Saturday. Sum Sokun, program manager for the WTO, gathered to celebrate World Toilet Day with villagers in the Ponhea ...

http://www.phnompenhpost.com/index.php/2011112152866/National-news/toilet-drive-aimed-at-reducing-disease-death.html

Minister says mobile subscribers rise to 14m

The number of mobile phone subscribers in Cambodia increased to 14 million, or 98 percent of the country’s population, during the first 11 months of the year, the minister of Posts and Telecommunications said yesterday. So Khun said Metfone, which is owned by the Vietnamese military, ...

Sok An, Thai minister to discuss disputed waters

Deputy Prime Minister Sok An will meet Thai Energy Minister Pichai Naripthaphan on Thursday to discuss the possibility of extracting oil from disputed maritime areas in the Gulf of Thailand, Council of Ministers spokesman Phay Siphan said yesterday. Mr Siphan said that Mr Sok An, who ...

US Says Money Laundering, Drugs Still Major Challenges

Money laundering and drug-related crimes continue to be a major challenge in Cambodia due to a lack of enforceable legislation, endemic corruption and limited resources, according a new report by the US State Department. According to the 2012 International Narcotics Strategy Report, Cambodia continues to be ...

Toll Yet to Issue Statement On Railway Project Status

Several days after a report that Australian transportation company Toll Holdings would abandon its stake in a joint venture to operate Cambodia’s railway system, the company remained silent Friday on its future plans here. “Let’s wait for the truth rather than make assumptions,” he added. ...

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