Cambodia 'Still in Block A talks with Chevron'
The Royal Cambodian government is continuing talks with US major Chevron regarding the delayed Block A offshore project that would be the Asean member nation’s first indigenous hydrocarbon development. In August 2010, eight years after being awarded the block, Chevron issued a declaration of commerciality and ...
Upstream Online Staff
http://www.upstreamonline.com/live/article1345016.ece
Cambodia’s public debt at $9.81 billion, says Report
The Royal Government of Cambodia’s total public debt stock is at $9.81 billion consisting of 68 percent from Bilateral Developing Partners (DPs) and 32 percent from Multilateral DPs, according to Cambodia’s Public Debt Situation at the end of Q1 2022. ...
Sok Sithika
https://www.khmertimeskh.com/501094257/cambodias-public-debt-at-9-81-billion-says-report/
Gov’t to launch informal economic policy this year
The Royal Government of Cambodia (RGC) is set to prepare and launch the informal economy policy before the end of 2023 to develop and upgrade the informal sector in a management system under the formal economy, said a top official of the Ministry of Economy ...
Kang Sothear
https://www.khmertimeskh.com/501230999/govt-to-launch-informal-economic-policy-this-year/
Cambodia urges Thailand to expedite construction of border admn facility
The Ministry of Public Works and Transport (MPWT) of the Royal Government of Cambodia has urged its Thailand counterpart to expedite the construction of its administrative building at the Steung Bat-Ban Nong Ian International Border and prepare relevant documents so that both parties can open ...
Kang Sothear
https://www.khmertimeskh.com/501242859/cambodia-urges-thailand-to-expedite-construction-of-border-admn-facility/
9 ministries, institutions included in National Single Window 3
The steering committee of the Cambodia National Single Window (CNSW) on Tuesday officially launched the implementation of the system for the third phase, said a press release by the CNSW. Nine ministries and several institutions of the Royal Government of Cambodia were included in the ...
Kang Sothear
https://www.khmertimeskh.com/501214072/9-ministries-institutions-included-in-national-single-window-3/
Physical infrastructure development remains a priority for Cambodia
Physical infrastructure development remains a main priority of the Royal Government of the 7th legislature of the National Assembly, said Prime Minister Dr Hun Manet at the inauguration ceremony of 246.15-kilometer-long portion of National Road (NR) No. 5 from PrekKdam in Kandal province to Battambang ...
Khmer Times Staff
https://www.khmertimeskh.com/501396746/physical-infrastructure-development-remains-a-priority-for-cambodia/
PM: Social protection programme benefits 6.5 million people and incurs $100 million per year
The Prime Minister of Cambodia, Dr. Hun Manet, stated that the Royal Government’s policy on social assistance interventions has been extensive in recent years, including the provision of health care services through ID Poor cards and NSSF membership cards, which involves more than 6.5 million ...
Khmer Times Staff
https://www.khmertimeskh.com/501435421/pm-social-protection-programme-benefits-6-5-million-people-and-incurs-100-million-per-year/
More than 25 hectares of forest cover were restored in Mondulkiri in 2023
In implementing the forest rehabilitation project as part of the Royal Government of Cambodia’s National Environmental Strategic Plan, USAID-Morodok Baitang and Wildlife Conservation Society (WCS) in collaboration with the Ministry of Environment have achieved a number of forest cover restores with 25.44 hectares and 27,125 ...
Khmer Times Staff
https://www.khmertimeskh.com/501436558/more-than-25-hectares-of-forest-cover-were-restored-in-mondulkiri-2023/
Govt seeks $40B capital to build infrastructures by 2033
The Council for the Development of Cambodia (CDC) and the Ministry of Public Works and Transport (MPWT) yesterday held a meeting to review the process of transport and logistics master plan as the Royal Government of Cambodia (RGC) seeks an investment capital of nearly $40 ...
Nhean Chamrong
https://www.khmertimeskh.com/501443206/govt-seeks-40b-capital-to-build-infrastructures-by-2033/
Borei Keila Residents File Criminal Suit Against Phanimex
One hundred and twenty families evicted from the Borei Keila community filed a criminal lawsuit with the Phnom Penh Municipal Court yesterday against Phanimex, the company that ordered the demolition of their homes, seeking a total of $360,000 in damages, residents said. Former resident In ...
Japan Asks for Tax Breaks, Better Regulations
The Japanese Embassy in Phnom Penh appealed to the Cambodian government Tuesday to help encourage Japanese investment here by providing corporate tax holidays and reducing notoriously high customs tariffs by adopting more transparent and efficient practices. According to a set of requests prepared by the ...
MFIs watch rice loans
The country’s financial institutions are closely monitoring loans that have been made to rice farmers, who say that this year’s fall in rice prices will affect their ability to make repayments, industry officials said yesterday. Last year, farmers were paid around 840 riel ($0.21) per kilogram ...
May Kunmakara
http://www.khmertimeskh.com/news/30035/mfis-watch-rice-loans/
Stocks Slow as CSX Sees First Day Without Trades
For the first time since the bourse went alive in April, no trading took place on the Cambodian Securities Exchange on Friday. The share price of the bourse’s sole listing, the Phnom Penh Water Supply Authority (PPWSA), remained flat at 6,450 riel ($1.58) at the end ...
As European leaders try to save the euro, uncertainty about fallout in Cambodia if they don't succeed
It’s after midnight in Sihanoukville and British teenagers are clogging the walkways, pushing past one another to drain free shots at the bars. In Kep, elderly French tourists sun themselves at the upscale Sailing Club while Spaniards and Germans eye the offerings at Phnom Penh’s Central Market. In spite of the growing fears ...
Bank to study loan possibilities for rice
Delegates from the Import-Export Bank of China will visit Cambodia next week to discuss loans for the rice-processing and exporting sector, according to government officials. Son Kunthor, president of the state-owned Cambodian Rural Development Bank, said yesterday that Chinese delegates will come to study the feasibility of ...
Stirrings from B Kak developer
After months of inactivity that has fueled questions about the company’s future, Boeung Kak lake developer Shukaku Inc has launched a recruitment drive, calling for at least half a dozen architects, engineers and other employees. When contacted yesterday, Sok Heng Ly, an administrative employee listed in the ...
Cambodia Angkor Air expands its international network
For a long time, Cambodia’s national carrier Cambodia Angkor Air (CAA) served only as a feeder carrier to its shareholder Vietnam Airlines. Three lines were then in service on routes linking Phnom Penh to Siem Reap, Phnom Penh-Ho Chi Minh City and finally Siem Reap-HCMC. ...
http://www.traveldailynews.asia/news/article/51485/cambodia-angkor-air-expands-its
Cambodian PM greets large group of Chinese businesspeople
Cambodian Prime Minister Hun Sen on Thursday met with a large group of Chinese business executives visiting Cambodia to explore investment opportunities. To date, he said, the Sino-Cambodian relationship has reached the level of the Comprehensive Strategic Partnership of Cooperation. The premier said China has helped ...
http://news.xinhuanet.com/english/world/2013-02/28/c_132199209.htm
Cambodia Joins Stocks Party
Cambodia tapped into the growing global interest in Southeast Asia with the start of trading in the sole stock at its gleaming new stock exchange on Wednesday. Ordinary Cambodians and local businesses scrambled to buy into the country’s first initial public offering—of shares in a local ...
http://online.wsj.com/article/SB10001424052702304331204577351551608365784.html
Luxury tourism slowly on the rise
A helicopter flight tour to Preah Vihear is just one part of the 10-day Cambodia Immersion for Millionaires Tour launched this week. The cost per person? $25,000. According to Christopher Gramsch, sales manager for organiser Khiri Travel Cambodia, there is increasing demand among high-spending travellers and ...
http://www.phnompenhpost.com/2013042565220/Business/luxury-tourism-slowly-on-the-rise.html