Market Capitalisation fell by 22 percent in Q1 2020
The Capital Market saw a 22 per cent drop capitalisation in the first quarter of the year, bringing the market capitalisation to around $544million, compared with the fourth quarter of 2019. From January to March in 2020, the Phnom Penh Special Economic Zone (PPSP)’s share href='https://opendevelopmentcambodia.net/news/market-capitalisation-fell-by-22-percent-in-q1-2020/ ' class='cambodia-color'>...
Sok Chan
https://www.khmertimeskh.com/50726057/market-capitalisation-fell-by-22-percent-in-q1-2020/
Three refugees met with delegation, minister says
Three of the refugees Australia is holding at a detention center on the South Pacific island nation of Nauru agreed to meet with Cambodian officials who traveled there last week to assess the possibility of resettling some of the asylum seekers in Cambodia, Interior Minister href='https://opendevelopmentcambodia.net/news/three-refugees-met-with-delegation-minister-says/ ' class='cambodia-color'>...
Khy Sovuthy
https://www.cambodiadaily.com/news/three-refugees-met-with-delegation-minister-says-76512/
Approved investment drops
Latest figures show the total value of approved investment in the Kingdom declined by more than 70 per cent in the first half of this year compared to the equivalent period a year before. Economists and officials are unconcerned, however, saying that some big projects during href='https://opendevelopmentcambodia.net/news/approved-investment-drops/ ' class='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2012081457967/Business/big-dip-in-approved-investments.html
New committee created to protect Koh Kong Krao
Prime Minister Hun Sen has created a committee tasked with monitoring Koh Kong SEZ Co Ltd’s development of Koh Kong Krao island in Koh Kong province’s Koh Kapi commune. The Council of Ministers first announced the development project on June 14, 2019, according to Hun href='https://opendevelopmentcambodia.net/news/new-committee-created-to-protect-koh-kong-krao/ ' class='cambodia-color'>...
Long Kimmarita
https://www.phnompenhpost.com/national/new-committee-created-protect-koh-kong-krao
US, Australia funding flows for Cambodia’s COVID-19 response
The United States, through the US Agency for International Development, yesterday committed a $1.5 million aid to the Ministry of Health to help in the Kingdom’s efforts to mitigate the spread of coronavirus. The donation is the latest COVID-19 assistance from the US, with its href='https://opendevelopmentcambodia.net/news/us-australia-funding-flows-for-cambodias-covid-19-response/ ' class='cambodia-color'>...
Som Kanika
https://www.khmertimeskh.com/50718117/us-australia-funding-flows-for-cambodias-covid-19-response/
Law on Construction expected to prevent structural failures
Kep provincial governor Ken Satha yesterday blamed the lack of a construction law for the deadly building collapse in Kep city earlier this year, which took the lives of 36 people, including children, and injured 23 others. His statement came amid continued demands for justice href='https://opendevelopmentcambodia.net/news/law-on-construction-expected-to-prevent-structural-failures/ ' class='cambodia-color'>...
Ben Sokhean
https://www.khmertimeskh.com/50720136/law-on-construction-expected-to-prevent-structural-failures/
EBA scheme in jeopardy after CNRP ruling
In the wake of the dissolution of the Cambodia National Rescue Party last week by the Supreme Court, which effectively removes any viable opposition party from challenging next year’s national elections, the European Union issued a statement seemingly warning that the Kingdom’s preferential access through the Everything href='https://opendevelopmentcambodia.net/news/eba-scheme-in-jeopardy-after-cnrp-ruling/ ' class='cambodia-color'>...
Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/access-eba-scheme-jeopardy-after-cnrp-ruling
Prince Ranariddh tells Rainsy not to ‘block aid’
Prince Norodom Ranariddh, leader of the royalist Funcinpec party, has called on opposition Cambodia National Rescue Party president Sam Rainsy not to “block aid” to Cambodia following a resolution passed by the European Parliament last week that suggested aid could be slashed if an arrest href='https://opendevelopmentcambodia.net/news/prince-ranariddh-tells-rainsy-not-to-block-aid/ ' class='cambodia-color'>...
Vong Sokheng and Meas Sokchea
http://www.phnompenhpost.com/national/prince-ranariddh-tells-rainsy-not-block-aid
CEO: Up to 300,000 tonnes of palm oil ‘possible’ this year
Crop-friendly weather is set to underpin growth in Cambodia’s output of crude palm oil beyond prior estimates, industry insiders have said. The oil palm, also known by its botanical name Elaeis guineensis, is a tropical plant cultivar which is said to have originated in the ancient href='https://opendevelopmentcambodia.net/news/ceo-up-to-300000-tonnes-of-palm-oil-possible-this-year/ ' class='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/ceo-300000-tonnes-palm-oil-possible-year
Proposed Koh Kong dam one step closer
A proposed 150MW hydropower project on the upper reaches of the Tatai river in Koh Kong province’s northern Thma Bang district is looking more likely to happen, as the government strives to promote investment in the electricity sector and increase supply. Provincial deputy governor Sok href='https://opendevelopmentcambodia.net/news/proposed-koh-kong-dam-one-step-closer/ ' class='cambodia-color'>...
Thou Vireak
https://www.phnompenhpost.com/business/proposed-koh-kong-dam-one-step-closer
Banteng found dead at wildlife sanctuary in Oddar Meanchey
A male banteng was found dead in Sorng Rukhavorn Wildlife Sanctuary in Oddar Meanchey province’s Samrong town on Saturday and was likely killed by hunters, said officials. Ministry of Environment’s secretary of state and spokesman Neth Pheaktra said that this was the sixth banteng that href='https://opendevelopmentcambodia.net/news/banteng-found-dead-at-wildlife-sanctuary-in-oddar-meanchey/ ' class='cambodia-color'>...
Soth Koemsoeun
https://www.phnompenhpost.com/national/banteng-found-dead-wildlife-sanctuary-oddar-meanchey
PM Hun Sen says ‘budget balanced’
PRIME Minister Hun Sen yesterday stated that the Kingdom has brought the budget into balance, with current savings standing at $3.5 billion. The statement was made in response to doubts about whether or not Cambodia is telling the truth when claiming to have up to href='https://opendevelopmentcambodia.net/news/pm-hun-sen-says-budget-balanced/ ' class='cambodia-color'>...
Chhut Bunthoeun
https://www.khmertimeskh.com/50736883/pm-hun-sen-says-budget-balanced/
Press release on license revocation and suspension of 17 telecoms operators
On 20 October 2020, the Ministry of Post and Telecommunications issued a press release announcing the suspension and/or revocation licenses of 17 telecoms operators. This action was taken as some telecoms operators failed to pay their revenue shares to the government and some were inactive href='https://opendevelopmentcambodia.net/announcements/press-release-on-license-revocation-and-suspension-of-17-telecoms-operators/ ' class='cambodia-color'>...
Ministry of Post and Telecommunications
PPSP refutes Singapore group’s power allegations
Cambodia Securities Exchange- (CSX-) listed Phnom Penh Special Economic Zone Plc (PPSP) refuted Singapore-based Asiatic Group (Holdings) Ltd’s (AGH) allegations over breaching a power plant joint venture (JV) agreement. href='https://opendevelopmentcambodia.net/news/ppsp-refutes-singapore-groups-power-allegations/ ' class='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/ppsp-refutes-singapore-groups-power-allegations
China shares Mekong River data with the Kingdom
China made good this week on a promise that it would share its year-round hydrological data on the upper reaches of the Mekong River, via the launch of an online information-sharing platform that will keep the Kingdom aware of any future Mekong developments. The information href='https://opendevelopmentcambodia.net/news/china-shares-mekong-river-data-with-the-kingdom/ ' class='cambodia-color'>...
Jason Boken
https://www.khmertimeskh.com/50789398/china-shares-mekong-river-data-with-the-kingdom/
Malaysia seat belt law enforcement amongst lowest in SEA – ranks below Cambodia, Vietnam, WHO finds
A closer look at the World Health Organization’s (WHO) Global Status Report on Road Safety 2015 has revealed some rather disturbing information – Malaysia is amongst the lowest-ranked nations in South East Asia (SEA) when it comes to seat belt law enforcement and awareness on href='https://opendevelopmentcambodia.net/news/malaysia-seat-belt-law-enforcement-amongst-lowest-in-sea-ranks-below-cambodia-vietnam-who-finds/ ' class='cambodia-color'>...
Gregory Sze
http://paultan.org/2015/10/22/malaysia-seat-belt-law-enforcement-lowest-sea-who-finds/
Press release on organizing the working group of the Royal Government's meeting to facilitate solutions and response to requests of civil society organizations
On 25 August 2020, Ministry of Interior has post a press release on the organizing the working group of the Royal Government’s meeting to facilitate solutions and response to requests of civil society organizations. The meeting aims to seek understanding and discuss with civil society href='https://opendevelopmentcambodia.net/announcements/press-release-on-organizing-the-working-group-of-the-royal-governments-meeting-to-facilitate-solutions-and-response-to-requests-of-civil-society-organizations/ ' class='cambodia-color'>...
Ministry of Interior
Cambodia-U.S. trade reaches $2.8 billion in first half
Cambodia-U.S. bilateral trade was valued at $2.89 billion in the first half of this year, up 15.8 percent compared to the same period last year. Figures from the U.S. Statistics Bureau showed that Cambodia exported 2.75 billion worth of goods to the world’s largest economy, href='https://opendevelopmentcambodia.net/news/cambodia-u-s-trade-reaches-2-8-billion-in-first-half/ ' class='cambodia-color'>...
Chea Vannak/AKP
https://www.khmertimeskh.com/50752720/cambodia-u-s-trade-reaches-2-8-billion-in-first-half/
Free trade deal with China finally finalised
Cambodia has listed around 340 more commodities to export to China under the Cambodia-China bilateral free-trade agreement (FTA), bringing the total to more than 10,000. Most of the products are in agriculture and agro-processing and are in addition to what Cambodia has received from the href='https://opendevelopmentcambodia.net/news/free-trade-deal-with-china-finally-finalised/ ' class='cambodia-color'>...
Sok Chan
https://www.khmertimeskh.com/50749528/free-trade-deal-with-china-finally-finalised/
Press statement of the Permanent Mission of the Kingdom of Cambodia to the UN office at Geneva in response to Professor Rhona Smith, Special Rapporteur
On 08 September 2020, the Permanent Mission of the Kingdom of Cambodia issued a press statement to the UN Office at Geneva in response to Professor Rhona Smith, Special Rapporteur on the situation of human rights in Cambodia, as to the nature of the kingdom’s href='https://opendevelopmentcambodia.net/announcements/press-statement-of-the-permanent-mission-of-the-kingdom-of-cambodia-to-the-un-office-at-geneva-in-response-to-professor-rhona-smith-special-rapporteur/ ' class='cambodia-color'>...
Permanent Mission of the Kingdom of Cambodia