Bank sector at risk: S&P
The National Bank of Cambodia (NBC) lacks the resources to enforce regulatory standards and bail out underperforming banks during times of need, credit ratings agency Standard & Poor’s says. Cambodia’s banking sector was labelled high-risk, with a score of nine out of 10 on S&P’s2014 Banking ...
Eddie Morton
http://www.phnompenhpost.com/business/bank-sector-risk-sp
Extending Eurasia security cooperation
After 14 years of development, the Shanghai Cooperation Organization (SCO) has set its sights on goals for the next decade at the 15th meeting of the Council of SCO Heads of State that was held in Ufa, the capital of Russia’s Bashkortostan Republic, on July ...
Bai Shi
http://www.bjreview.com.cn/world/txt/2015-07/20/content_696694.htm
Officials examine timber company for irregularities
After winning the rights to transfer large shipments of timber from Mondulkiri province to the rest of Cambodia, Try Pheap Import Export Co Ltd is being examined by 10 officials to ensure there are no irregularities in its operation, Mondulkiri provincial forestry administration director Um ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/officials-examine-timber-company-irregularities
Officials worry over tiny rise in rice exports
Cambodian milled rice exports grew by only 0.52 per cent in the first 10 months of the year, compared to the same period last year, according to new figures from the government. Officials have expressed concern over Cambodia’s ability to reach its export target of ...
Ministry of Health's notification on measures to prevent unidentified pneumonia
On 10 January 2020, the Ministry of Health of the Kingdom of Cambodia releases a notification on measures to prevent unidentified pneumonia to all the public to be careful, especially those are planning to travel to or returning from Wuhan, Hubei Province of the People’s ...
Ministry of Health
100,000 Expected to Welcome King Father’s Body
Authorities in Phnom Penh are expecting at least 100,000 people to line the city’s streets today as the body of King Father Norodom Sihanouk arrives back in Cambodia and embarks on a 10-km procession from the airport to the Royal Palace. The return of the retired King—who died ...
http://www.cambodiadaily.com/sihanouk/100000-expected-to-welcome-king-fathers-body-4095/
Court to rule on sanctuary landgrab cases
The Preah Vihear Provincial Court has set tentative dates in December this year to announce the verdicts for three separate wildlife sanctuary land grab cases, which happened last year. Provincial court spokeswoman Chum Kaniya said on December 10 that the court’s investigating judge had heard ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/court-rule-sanctuary-landgrab-cases
Press release: Ministry of Health announces the COVID-19 vaccination program
On 08 February 2021, the Ministry of Health announced the vaccination of the COVID-19 vaccine program. The vaccination will officially commence on 10 February 2021 at some public hospitals such as Calematte, Preah Ang Duong Hospital, Khmer Soviet Friendship Hospital, and the National Pediatric Hospital. ...
Ministry of Health
Fines to be imposed on those who do not wear masks
In a message to the people broadcasted live on TV and Facebook on the morning of April 10, Prime Minister Hun Sen has sternly announced that in the future, those who do not wear masks will be fined. Wearing of mask is mandatory to prevent ...
Khmer Times Staff
https://www.khmertimeskh.com/50836946/fines-to-be-imposed-on-those-who-do-not-wear-masks/
Announcement on the death of COVID-19 on ten Cambodian people
On 24 April 2021, the Ministry of Health issued an announcement on the death of COVID-19 on ten Cambodian people. Notably, these 10 Cambodian cases have increased the total number of deaths who died from COVID-19 up to 71th cases. ...
Ministry of Health
Quarantine still a must for all arrivals, in next Covid chapter
Since early May, an average of five to 10 Cambodian people have died from Covid-19 a day with many others testing positive amid the ongoing community outbreak. At the same time, however, hundreds of patients also recovered a day. ...
Mom Kunthear
https://www.phnompenhpost.com/national-post-depth/quarantine-still-must-all-arrivals-next-covid-chapter
Rice exports top 3M tonnes in Jan-Oct
Even as a shipping-container shortage and rising transportation costs stymie the growth of milled rice exports to European and other Western markets, Cambodia managed to ship out 3,119,829 tonnes of the crop abroad, worth $957.30 million, in the first 10 months of 2021, according to ...
May Kunmakara
https://www.phnompenhpost.com/business/rice-exports-top-3m-tonnes-jan-oct
Ministry of Economy announces $100 million funding increase for SME Bank and Rural Development Bank for Agriculture
The Ministry of Economy and Finance will announce the announcement of additional funding of $100 million for the Cambodian Small and Medium Enterprise Bank and the Agricultural Rural Development Bank to provide additional support to SMEs, agriculture and agriculture. Industry according to the press release ...
Khmer Times Staff
https://www.khmertimeskh.com/501023375/ministry-of-economy-announces-100-million-funding-increase-for-sme-bank-and-rural-development-bank-for-agriculture/
ACLEDA reports 20% less net profit in Q1
Mainboard-listed commercial bank ACLEDA Bank Plc’s net profit for the first quarter ended March 31 fell 20 per cent to $35.36 million from $44.10 million last year as a result of widening net impairment loss, interest expense, and general and administrative expenses. ...
May Kunmakara
https://www.phnompenhpost.com/business/acleda-reports-20-less-net-profit-q1
Kingdom’s GFT exports grow by 15% in 2022
Cambodia’s exports of garments, footwear and travel (GFT) goods grew by around 15 percent in 2022 compared to the previous year, from $10.99 billion to $12.63 billion, but the total share of the sector declined marginally, according to the latest report on trade by the ...
Manoj Mathew
https://www.khmertimeskh.com/501218056/kingdoms-gft-exports-grow-by-15-in-2022/
Tax revenue passes target amid money laundering cases
The General Department of Taxation (GTD) of the Ministry of Economy and Finance (MEF) has collected more than $2.94 billion of tax revenue for the period of first 10 months this year, which passes the amount set in the budget law 2022 and increases 26.96 ...
Kang Sothear
https://www.khmertimeskh.com/501186161/tax-revenue-passes-target-amid-money-laundering-cases/
Gov’t revenue $4.9B, spending $6.3B
The government’s national revenue collection in the first 10 months of 2023 reached nearly $4.9 billion, equating to almost 78% of the target set by the 2023 Law on Financial Management, while total expenditures stood at over $6.3 billion, as reported by the Ministry of ...
https://www.phnompenhpost.com/business/gov-t-revenue-4-9b-spending-6-3b
Cambodia to feel an energy crunch, but growth to remain stable: report
Energy demand in Southeast Asia is expected to increase by more than 80 per cent by 2035, fuelling some $240 billion in oil spending, a new report from the International Atomic Energy Association (IAEA) shows. In its “Southeast Asia Energy Outlook” published yesterday, the Paris-based IAEA ...
Anne Renzenbrink
http://www.phnompenhpost.com/business/cambodia-feel-energy-crunch-growth-remain-stable-report
ODC’s second GIS workshop: Data collection and application of GIS
In the previous blogpost we kicked off the first series of QGIS workshop in which we highlighted the activities and results of the successful 24 participants which have been attended and awarded with a certificate during the three-day workshop. After we introduced the principle of ...
Open Data Day 2019: Tracking public money flows
Open Development Cambodia (ODC) in collaboration with the open data community was pleased to host the Open Data Day 2019 on March 1st in Phnom Penh. It was the 4th time that ODC joined this global event and organized the Open Data Day in Phnom ...