Royal Group SEZ increases exports by $492.7m
Despite the pandemic, Royal Group Phnom Penh SEZ Plc. has reported an increase in exports of $492.7 million for the first seven months of the year, marking 26 percent year-on-year (YOY) growth. ...
Mao Sreypich
https://kiripost.com/stories/royal-group-sez-increases-exports-by-4927m
Cambodia may start building high speed rail as early as 2023
Construction on high-speed rails in the Kingdom could begin as soon as next year, with studies well underway on the conversion of existing railway and the creation of two new lines – one of which runs to the Vietnamese border – to optimally boost rail ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-may-start-building-high-speed-rail-early-2023
Cambodia to export renewable electricity to Singapore
The conglomerate Cambodia’s Royal Group of Companies will export renewable energy to Singapore after the group signed an agreement with Keppel Energy Pte Ltd on Wednesday, which will enable the latter to purchase electricity from the Kingdom. ...
Khmer Times Staff
https://www.khmertimeskh.com/501256436/cambodia-to-export-renewable-electricity-to-singapore/
Foreign tourist arrivals generated $1.4 billion in 2022
Cambodia welcomed 2.28 million foreign tourists last year, injecting $1.4 billion to the national economy. The Ministry of Tourism’s report showed that the revenue had an increase of 667 percent compared to 2021. ...
Khmer Times Staff
https://www.khmertimeskh.com/501257327/foreign-tourist-arrivals-generated-1-4-billion-in-2022/
Troops withdrawn from Vietnam border, no drones shot down
Most of the troops sent to the eastern border with Vietnam to shoot down drones have since been withdrawn and that no drones were destroyed, military officials told CamboJA. ...
Khuon Narim
https://cambojanews.com/troops-withdrawn-from-vietnam-border-no-drones-shot-down/
MLVT makes significant strides in improving working conditions
The Royal Government of Cambodia has made significant progress in implementing laws and policies to increase employment opportunities, promote skills development of an individual, expand social security coverage, strengthen labour market governance and improve working conditions, said Ith Samheng, Minister of Labor and Vocational Training, ...
Nheng Chamrong
https://www.khmertimeskh.com/501325557/mlvt-makes-significant-strides-in-improving-working-conditions/
RGPPSEZ reports strong growth in revenues for 2023
The Royal Group Phnom Penh Special Economic Zone (RGPPSEZ) recorded a total revenue of almost $64 million throughout the 2023 year, marking an increase of 137 percent compared to 2022 annual revenues, says the Cambodia Securities Exchange (CSX). ...
James Whitehead
https://www.khmertimeskh.com/501474093/rgppsez-reports-strong-growth-in-revenues-for-2023/
PM suggests ERA students take responsibility for self-discipline
Prime Minister Hun Manet has reiterated that the Royal School of Administration (ERA), a training school for civil servants and public service officials, must have high standards of discipline, but that its implementation should not need to be strict. ...
Toll Royal to Restart Rail Services Next Month
Less than four months after suspending work on Cambodia’s dilapidated railway network, Toll Royal Railways (TRR), the network’s operator, has informed the government that it will recommence transporting construction materials needed to build the southern line on Aug. 1, company officials said yesterday. The decision to ...
Subedi Protest Linked to CPP-Aligned Youth Group
Despite the apparent spontaneity of a protest against U.N. human rights envoy Surya Subedi at a university in Phnom Penh on Tuesday night, it emerged Wednesday that one of the apparent leaders of the demonstration is associated with a youth organization aligned with the ruling ...
http://www.cambodiadaily.com/news/subedi-protest-linked-to-cpp-aligned-youth-group-26156/
Law Students Told To Avoid Thesis Topics
Fourth-year students at Phnom Penh’s Royal University of Law and Economics (RULE) have been barred from writing their theses on 14 topics, including Cambodia’s new bourse, according to a letter posted online yesterday. The letter, signed by the University’s research department director Kong Saphon ...
Moving towards e-commerce
Motorbikes, vegetables, iPhones, artwork, or even land on which to build a house – a quick browse through website 7Makara.com gives the impression of a Cambodian eBay or Amazon. The difference, however, is that you can’t complete the transaction from the convenience of your bedroom. In ...
http://www.phnompenhpost.com/2013061266208/Business/moving-towards-e-commerce.html
Taking Count of Cambodia’s Flying Fox Bats
At around 6 p.m. in Phnom Penh each evening, about 5,000 large brown bats, having spent the day dangling upside down from a tree at Wat Phnom, spread their huge wings and fly out to begin their nightly search for fruit. And as useful and ...
Denise Hruby
http://www.cambodiadaily.com/news/taking-count-of-cambodias-flying-fox-bats-45421/
Former KPP leader pardoned by King
King Norodom Sihamoni yesterday granted a royal pardon to former Khmer Power Party president Sourn Serey Ratha, who had been jailed for just over a year after being convicted of inciting military personnel disobedience and demoralising the army. .. ...
Khuon Narim
https://www.khmertimeskh.com/50526482/former-kpp-leader-pardoned-by-king-2/
Steady rise for business registration in Kingdom
Despite ongoing protests over the minimum wage in the garment industry and the political deadlock that lasted well in to July, Cambodia registered over 3,000 new businesses from January to September this year. The latest data from the Ministry of Commerce reveal there were 3,025 newly ...
May Kunmakara
http://phnompenhpost.com/business/steady-rise-business-registration-kingdom
ANZ says no to evicted Cambodian farmers
ANZ has ruled out helping hundreds of poor Cambodian families forcibly evicted from their land to make way for sugar-cane plantations that involved child labour and led to food shortages. Fairfax Media this year revealed confidential audits that disclosed that ANZ’s Cambodian subsidiary, ANZ Royal Bank, ...
Richard Baker and Nick McKenzie
http://www.brisbanetimes.com.au/national/anz-says-no-to-evicted-cambodian-farmers-20140819-105sib.html
Toll trains said to stop March 31
Toll Group has informed the Cambodian government that it will suspend all railway operations and lay off half of its Cambodian staff at the end of the month, according to a source familiar with the situation. The Australian logistics firm, which in partnership with Royal Group ...
http://www.phnompenhpost.com/index.php/2012032055123/Business/toll-trains-said-to-stop-march-31.html
Toll Royal derails regional projects
The unclear future of Cambodia’s national railway, following Toll Royal Railways’ suspension of operations on March 31, has cast doubt not only on the oft-delayed redevelopment project but also on a larger build-out expected to connect much of Asia. Toll Royal, a joint venture by Australian ...
Acleda, PPCBank granted listing eligibility
Two of Cambodia’s leading commercial banks – locally owned Acleda Bank Plc (Acleda) and South Korean-owned Phnom Penh Commercial Bank Plc (PPCBank) – have been granted listing eligibility from the Cambodia Securities Exchange (CSX). This paves the way for the banks to move forward with plans ...
May Kunmakara
https://www.phnompenhpost.com/business/acleda-ppcbank-granted-listing-eligibility
Special Economic Zones ‘key to future’
Special Economic Zones (SEZs) have brought almost 70,000 new jobs to the country, according to an Asian Development Bank report released last week. With tax exemptions on production materials, lower profit tax, and renewable leases, the SEZs have drawn foreign-owned factories manufacturing everything from bicycles ...
Jonathan Cox
http://www.khmertimeskh.com/news/16920/special-economic-zones----key-to-future---/