Growth forecast falls to 6.5% as gov’t eyes more exports to US
The government downgraded its economic growth forecast for this year to 6.1 per cent from its earlier 6.5 per cent projection, Ministry of Economy and Finance undersecretary of state Phan Phalla said on Thursday. Speaking at a public forum on Macroeconomic Management and Budget Law
May Kunmakara
https://www.phnompenhpost.com/business/growth-forecast-falls-65-govt-eyes-more-exports-us
Meng: FTA with China will help us forget EBA
The loss of trade preferences in Europe would be more than offset if Cambodia manages to enter a free trade agreement (FTA) with China, said Cambodian Chamber of Commerce (CCC) president Kith Meng. Meng on Tuesday said landing an FTA with the second-largest economy in the
Hin Pisei
https://www.phnompenhpost.com/business/meng-fta-china-will-help-us-forget-eba
Forest watchdog warned against satellite imagery
Ministry of Environment officials have warned it will take legal action against Prey Lang Community Network (PLCN) and several other organisations if they continue to collect deforestation data in the area. The ministry’s warning comes after PLCN suggested a new programme that would use satellite imagery
Khorn Savi
https://www.phnompenhpost.com/national/forest-watchdog-warned-against-satellite-imagery
Early issues crop up in voter registration test
The recent testing of a new electronic voter registration system has fallen significantly short of expectations, with only about 50 per cent of the hoped-for registrations completed, according to officials.The National Election Committee (NEC), which is tasked with organising new voter lists for the 2017
Taing Vida
http://www.phnompenhpost.com/national/early-issues-crop-voter-registration-test
Pi Pay goes cashless with app
Cash may be king in Cambodia, but Pi Pay Asia is banking on rising smartphone penetration and an arsenal of digital payment solutions to help dethrone it.The company’s soon-to-be-released mobile-phone application provides a one-stop platform for cashless transactions, digital money transfers and e-wallet solutions, while
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/pi-pay-goes-cashless-app
Stock market rings in PPAP
Shares in Phnom Penh Autonomous Port (PPAP) debuted on Cambodia’s sleepy stock exchange yesterday morning, ending the day at 5,140 riel ($1.28), down 1.15 per cent from the 5,200 riel opening price, after a lukewarm session of sideways trading that dashed some investors’ hopes for
Cam McGrath
http://www.phnompenhpost.com/business/stock-market-rings-ppap
Mondulkiri Bunong irked over land sales
Some 190 Bunong indigenous people in Mondulkiri province are expressing concern that land sales in the Tring and Pupe mountain areas could result in a loss of cultural sites and their ancestral identities. Chean Vanna, one of their representatives in Pou Lung village, told The Post
Orm Bunthoeurn
https://www.phnompenhpost.com/national/mondulkiri-bunong-irked-over-land-sales
NBC head underscores value of women’s access to finance
Unlocking greater access to formal finance for Cambodian women will play a strategic role in the process of the Kingdom’s economic development, National Bank of Cambodia (NBC) director-general Chea Serey said on Monday. She said this at the Training on the Trainers (ToT) Programme on Financial
May Kunmakara
https://www.phnompenhpost.com/business/nbc-head-underscores-value-womens-access-finance
The great Koh Kong land rush: Areas stripped of protection by Cambodian gov’t being bought up
In July, conservationists in Cambodia sounded the alarm over a regulation that saw eight protected areas in Koh Kong province collectively lose territory twice the size of Phnom Penh, the country’s capital. Officials said the move, affecting nearly 127,000 hectares (314,000 acres) under Sub-decree No.
Gerald Flynn
https://news.mongabay.com/2021/10/the-great-koh-kong-land-rush-areas-stripped-of-protection-by-cambodian-govt-being-bought-up/
Siem Reap 38 road infrastructure project 90 percent completed
Sun Chanthol, Minister of Public Works and Transport and Permanent Deputy Chairman of the 38-Road Infrastructure Project, accompanied Tea Banh, Deputy Prime Minister and Minister of Defense to inspect the construction site, pavement, AC concrete, drainage system of 38 road infrastructure project in Siem Reap
Khmer Times Staff
https://www.khmertimeskh.com/50970344/siem-reap-38-road-infrastructure-project-90-percent-completed/
Customs revenue up 18 per cent for 2022
General Department of Customs and Excise (GDCE) said that they have collected more than $2.69 billion in 2022, an increase of 18.3 per cent over 2021 revenue. In a February 3 annual meeting in Kep province, GDCE director general Kun Nhem said that the figure
Van Socheata
https://www.phnompenhpost.com/business/customs-revenue-18-cent-2022
Fears grow as draft laws leave out ‘indigenous,’ allow hunting
Changes to forestry and protected area laws are proceeding without enough public input, communities say, as drafts introduce hunting licenses and remove wording about ethnic minorities. The country’s Protected Areas Law and Forestry Law are being amended by the environment and agriculture ministries, respectively, sparking growing
Keat Soriththeavy
https://vodenglish.news/fears-grow-as-draft-laws-leave-out-indigenous-allow-hunting/
Kingdom enhances salt marsh management in Kampot-Kep
Prime Minister Hun Manet has urged Kampot and Kep provincial authorities to diligently manage and preserve salt marshes to sustain and enhance salt production. Manet emphasised the necessity of managing and conserving salt marshes, given the government’s classification of the product as a strategic commodity, during
Hin Pisei
https://www.phnompenhpost.com/business/kingdom-enhances-salt-marsh-management-in-kampot-kep
Pornmoniroth calls for review of river port management
Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance (MEF) Tuesday called on the Economic and Financial Policy Committee (EFPC) to develop a management framework for the river port, connecting the river transport system with the sea.
Nhean Chamrong
https://www.khmertimeskh.com/501524645/pornmoniroth-calls-for-review-of-river-port-management/
Government establishes sub-committee on universal health coverage
The government is establishing a Sub-committee on Univeral Health Coverage in Cambodia to direct, coordinate, monitor and review all policies, strategies and action plans set out in the “Roadmap for Univeral Health Coverage in Cambodia 2024-2035” policy planning document.
Torn Vibol
https://www.khmertimeskh.com/501529683/government-establishes-sub-committee-on-universal-health-coverage/
More Than 250 Firms Hold Mining Licenses
Almost 200 mining companies currently hold government licenses to mine construction materials such as granite, or to extract minerals, while another 53 firms are licensed to explore for mineral wealth, according to a Ministry of Industry, Mines and Energy report released Friday.
Among these firms, 47
Laos Urges Cambodian Businesspeople to Invest More
President of Laos National Assembly, Her Excellency Pany Yathotou, on September 1st arrived here for the four-day official visit in order to strengthen bilateral cooperation between the neighboring countries
“Both sides will exchange visits of the officials and lawmakers of National Assemblies to strengthen bonds and
Sold
Last year saw a record increase in economic land concessions and the area controlled by agro-industrial companies jumped to more than 2 million hectares nationwide, according to human rights groups who track such projects. Mining companies are also flocking to Cambodia and those already have
http://www.camnet.com.kh/cambodia.daily/selected_features/Carving%20Up%20Cambodia.pdf
Tourist arrivals continue to rise, buoyed by Chinese tourists
Cambodian Tourism Ministry statistics showed an increase in international tourists arriving in the country for the first nine months of the year, again bolstered by Chinese tourist arrivals in the Kingdom. The statistics show that nearly 4.8 million tourists arrived in the country from January
Nem Sopheakpanha
https://www.voacambodia.com/a/tourist-arrivals-continue-to-rise-buoyed-by-Chinese-tourists/5173741.html
PM: Improve lives of disabled
Prime Minister Hun Sen has urged the relevant institutions to improve the living standards of disabled persons in line with the national economy. In a message to commemorate the 21st Day of Cambodian Persons with Disabilities and the 37th International Day of Persons with Disabilities, which
Ry Sochan
https://www.phnompenhpost.com/national/pm-improve-lives-disabled
