U.S.-ABC interested to invest in various sectors in Cambodia
U.S.-ASEAN Business Council (U.S.-ABC) is interested to invest in Cambodia in the fields of energy, industry, health, technology, finance and import-export. ...
Khmer Times Staff
https://www.khmertimeskh.com/50955248/u-s-abc-interested-to-invest-in-various-sectors-in-cambodia/
Cambodia attracts $4.35 billion in investments in 2021
Cambodia attracted fixed-asset investment of $4.35 billion in 2021, according to a report from the Council for the Development of Cambodia on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501035693/cambodia-attracts-4-35-billion-in-investments-in-2021/
Investments in Kingdom rise by 7 percent in Q1
In the first quarter of 2022, the number of projects approved by the Council for the Development of Cambodia reached 47, an Increase of 6.8 percent and the total Investment touched $2,520.6 million, an Increase of 14.2 percent over the same period In 2021, accordIng ...
Sok Sithika
https://www.khmertimeskh.com/501102954/investments-in-kingdom-rise-by-7-percent-in-q1/
Rise in digital payments driving force for e-commerce growth in Cambodia
The sharp rise in digital payments is a driving force for the development of e-commerce in Cambodia, Jack Lee, chief executive officer and founder of online market Smile Shop in Cambodia, said on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501111773/rise-in-digital-payments-driving-force-for-e-commerce-growth-in-cambodia/
BRI plays “monumental role” in infrastructure development in Cambodia: Deputy PM
The Belt and Road Initiative (BRI) projects have played a “monumental role” In Infrastructure development and connectivity In Cambodia, Cambodian Deputy Prime MInister and Foreign MInister Prak Sokhonn said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501113564/bri-plays-monumental-role-in-infrastructure-development-in-cambodia-deputy-pm/
A raft of complications
Riun Pau ran out of food last week. For the 13-year-old and her family, that moment was the culmination of weeks of distress caused by flooding that had already ravaged their Battambang home and farmland. Pau’s neighbours are experiencing similar problems. in Battambang, 67.3 per cent ...
Khouth Sophak Chakrya and Amelia Woodside
http://www.phnompenhpost.com/national/raft-complications
ODC attracted local people in Mondulkiri to join a training on business and digital literacy
On 25 February 2024, Open Development Cambodia Organization (ODC) organized a comprehensive training session as part of the project “Strengthening informal Economies and SMEs in Cambodia through Open Data and Digital Literacy,” funded by the Center of international Private Enterprise (CIPE). The training took place ...
Eyes in the sky put illegal logging in focus
Cambodia’s illegal loggers will soon have a potentially powerful new foe: a pair of NASA satellites with a keen interest in what they’re up to. Researchers at the University of Maryland in the U.S. say an innovative new system that picks up signs of forest loss ...
Zsombor Peter
https://www.cambodiadaily.com/news/eyes-sky-put-illegal-logging-focus-121259/
Profits flow in for PPWSA in 2020
Phnom Penh Water Supply Authority (PPWSA), in its annual disclosure document released on Tuesday, reported a pre-tax profit of approximately $29.68 million for 2020. ...
Husain Haider
https://www.khmertimeskh.com/50820070/profits-flow-in-for-ppwsa-in-2020/
China plays key role in securing energy security in Cambodia: officials, academics
China has played a crucial role in securing Cambodia’s energy security, which is a key element for socio-economic development, Cambodian officials and academics said on June 14. ...
Khmer Times Staff
https://www.khmertimeskh.com/501094337/china-plays-key-role-in-securing-energy-security-in-cambodia-officials-academics/
Kingdom officials in on Busan probe: report
South Korea’s Yonhap news agency reported yesterday that Cambodian officials have agreed to assist in the investigation of a scandal ridden South Korean savings bank with investments in the Kingdom. A South Korean investigation has revealed that bank executives and shareholders used deposits to ...
Premier Breaks Ground for Bridge in Kandal
Prime Minister Hun Sen helped inaugurate the fourth bridge built by the Chinese in Cambodia. The $33 million bridge will span the Tonle Bassac river at Takhmau City. in Phnom Penh, a fifth bridge, dubbed the Cambodian-Chinese Friendship bridge is about to begin construction. ...
Lake Residents’ Protest Results In Two Arrests
Two protestors of CPP Senator’s project to develop Boeng Kak Lake have been arrested after a breakdown in negotiations between city hall and the 1,500 lakeside families who were protesting. The negotiations were concerning the sort of onsite housing the families would receive as compensation ...
Approved Invvestments in May Reach $110 Million
15 new projects worth a total of $110 million have been approved by Cambodia’s investment board in May. The Council for Development of Cambodia has approved two rubber plantations worth $60 million. Cin Qian investment Co, a Chinese firm, has been approved for developing a ...
Crops in Peril Amid Provinces’ Ongoing Drought
Rice growing provinces such as Battambang, Kandal and Takeo are suffering a drought as monsoon rains have not affected the areas. Harvests are expected to fail or fall short of expectations if rain does not fall on the farmland within the next few weeks. 2,000 ...
OZ Minerals Future in Cambodia Still Unclear
OZ Minerals, the Australian mining company is reviewing its assets in Cambodia and is so far not planning any further work in the country. Their assessment of gold reserves in the country will be updated by the end of the year at which time the ...
Cambodia’s airports see growth in 2011
There has been a 13 percent increase to Cambodia’s two international airports since the beginning of the year. The USA, China, South Korea and Vietnam along with Japan were the key factors in this growth. The government’s attempts to attract visitors and investors is cited ...
‘Price Dumping’ in Telecoms Market Still Persists
The Ministry of Post and Telecommunications implemented a law preventing mobile phone service providers from selling at less than cost over a year and a half ago, though the companies are still lowering their tariffs in an effort to remain competitive in the highly saturated ...
B Kak Firm Seeks Bauxite in Mondolkiri
Bauxite reserves in Mondolkiri province abandoned by Australian mining form BHP Billiton in 2009 are now being explored by China’s Mongolia Erdos Hongjun Holding Group, the same firm that is behind the controversial development of Boeng Kak lake in Phnom Penh. Kong Pisith, director of ...
Economists See Growth Potential in Stock Exchange
Cambodia has officially opened a stock exchange, which economists say will provide a chance for the development of the country and job creation. However, they warn that mismanagement of the bourse could also lead to economic woes. “When this stock market goes well, it will ...