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
FAO launch PEARL agriculture initiative
The UN Food and Agriculture Organisation (FAO) has announced a partnership with Cambodia’s Ministry of Agriculture, Forestry and Fisheries and the Ministry of Environment to launch the Public-Social-Private Partnerships for Ecologically-Sound Agriculture and Resilient Livelihood in Northern Tonle Sap Basin (PEARL). ...
Post Staff
https://www.phnompenhpost.com/national/fao-launch-pearl-agriculture-initiative
Calls to urgently review draft alcohol law
The law on Control of Alcohol Products has been in draft for nine years and remains uncertain due to its potential social, economic and political impacts. Experts are now urging the government to accelerate law enforcement on controlling alcohol consumption after recent fatal traffic accidents. ...
Meas Molika
https://kiripost.com/stories/calls-to-urgently-review-draft-alcohol-law
Cambodia, UK discuss ways to boost bilateral investment and trade cooperation
Dr. Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, received here on Monday the United Kingdom (UK) Minister for the indo-Pacific, Rt Hon. Anne-Marie Trevelyan, discussing the bilateral cooperation on investment and trade, and UK backed-Green special economic zone project in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501451334/cambodia-uk-discuss-ways-to-boost-bilateral-investment-and-trade-cooperation/
UK, private firms foster Koh Kong green SEZ project
The private sector has expressed support for the plan to establish a green special economic zone (SEZ) in Koh Kong province, viewing it as a role model for others to emulate. Cambodia currently utilises “almost 70%” clean energy nationwide. ...
May Kunmakara
https://www.phnompenhpost.com/business/uk-private-firms-foster-koh-kong-green-sez-project
Increase flights to China, India, MoT tells Cambodia Airways
The Ministry of Tourism (MoT) asked Cambodia Airways Co Ltd to examine the possibility of expanding direct flights to China and india as well as other major tourism markets in the world which can contribute to the success of the several major campaigns set out ...
Nheng Chamrong
https://www.khmertimeskh.com/501426599/increase-flights-to-china-india-mot-tells-cambodia-airways/
Cambodia’s GFT exports jump 20.69 percent
The exports of garments, footwear and travel goods (GFT) rose by 20.69 percent in the first five months of this year, compared to the same period last year, earning the Kingdom $4.89 billion, according to the trade data released by the General Department of Customs ...
Manoj Mathew
https://www.khmertimeskh.com/501503732/cambodias-gft-exports-jump-20-69-percent/
Kingdom, Korea ink 6 agreements
Prime Minister Hun Manet and Yoon Suk Yeol, President of the Republic of Korea yesterday witnessed the signing of four Memoranda of Understanding (MoUs) and two other agreements aimed at expanding multifaceted cooperation in financial development, investment flow, intellectual property, drug management, vocational training and ...
Nhean Chamrong
https://www.khmertimeskh.com/501489818/kingdom-korea-ink-6-agreements/
Kingdom’s digital sector witnesses ‘promising partnership’
One of Cambodia’s leading data centre services providers inked a key partnership deal with a Singapore company to empower the Kingdom’s digital economy. Daun Penh Data Center (DPDC) and A2000 signed an MoU in the presence of Choup Somart, Secretary of State, Ministry of Rural ...
Khmer Times Staff
https://www.khmertimeskh.com/501539687/kingdoms-digital-sector-witnesses-promising-partnership/
Kampong Thom’s Dang Kambit reservoir project progresses
The Minister of Water Resources and Meteorology Thor Chetha, on Saturday led a team of officers to inspect the progress of the Dang Kambit Reservoir Development Project in Sre Khsach Village, Dang Kambit Commune, Sandan District, Kampong Thom province, financed by the Export-Import Bank of ...
Khmer Times Staff
https://www.khmertimeskh.com/501547543/kampong-thoms-dang-kambit-reservoir-project-progresses/
Workers seek $14 minimum wage increase for 2025, employers offer $1
Cambodian worker representatives have called for a $14 increase in the minimum wage, while employer representatives have proposed a $1 increase on the current rate of $204 for 2025, according to a press release from the Ministry of Labour and Vocational Training following a meeting ...
Niem Chheng
https://www.phnompenhpost.com/national/workers-seek-14-minimum-wage-increase-for-2025-employers-offer-1
Environment Ministry asks Kraol indigenous people to apologize for burning down building
Two weeks after the Kraol indigenous community set fire to an Environment Ministry station in Kratie, the ministry invited local authorities and indigenous people to a meeting on Wednesday and requested that the indigenous community apologize. Only one indigenous person invited attended. ...
Seoung Nimol and Hel Komsan
https://cambojanews.com/environment-ministry-asks-kraol-indigenous-people-to-apologize-for-burning-down-building/
NagaWorld union leader defends strike’s legality on day two of trial
On the second day of trial for nine NagaWorld union members accused of incitement, the Phnom Penh municipal court prosecutor claimed union leader Chhim Sithar had been directing an illegal protest while Sithar maintained she was merely participating in a legal strike aligned with labor ...
Sovann Sreypich
https://cambojanews.com/nagaworld-union-leader-defends-strikes-legality-on-day-two-of-trial/
Foreign Ministry Tells NGOs to 'Readjust' Their Actions
The Foreign Affairs Ministry met with to non-governmental groups yesterday and accused them of inciting families to oppose the rehabilitation of the Cambodian rail system, ordering the NGOs to “readjust” their workForeign Affairs spokesman Koy Kuong said his ministry invited Bridges Across Borders Cambodia and ...
HCM City hosts Lower Mekong Initiative Disaster Management workshop
HCM CITY – A workshop to develop disaster management capacity for the four Lower Mekong countries of Cambodia, Laos, Thailand and Viet Nam by encouraging collaborative efforts through dialogue and information exchange opened yesterday in HCM City. The five-day Lower Mekong initiative (LMI) Disaster Management workshop, ...
Economists contest Moody's downgrades
In the past month, ratIngs agency Moody’s has downgraded its outlook for two of Cambodia’s largest commercial banks. On September 2, Acleda Bank’s performance outlook went from “stable” to “negative” due to risks associated with rapid credit growth and a draIn on local currency by depositors. ...
Petroleum engineers to provide support to Cambodia
At a Sept 11 meeting between Deputy Prime Minister Sok An and Ganesh C. Thakur, President of the U.S.-based Society of Petroleum Engineers (SPE), plans were discussed about the SPE providing training and expertise for the Kingdom’s oil and gas sector, according to a statement ...
PPWSA stock offering slated to outperform
The Kingdom’s first initial public offering is fast approaching, and demand is expected to be robust. Book-building, the process during which bids for the IPO are taken and a price is set for shares, ended yesterday. The final offering price is expected before the subscription for ...
French Scholar ‘Shocked’ Over Damage to Riverside Home
Leaning over the railing on the roof of the Khmeroyal Hotel along Phnom Penh’s Sisowath Quay, 54-year-old scholar and long-time Cambodian resident Oliver de Bernon peered across at his crumbing riverfront apartment yesterday. Residents of the block between streets 178 and 184 on Sisowath Quay ...
Pay Off Officials, Risk Prison Stint, New Law Says
The government has brought into force a new law that makes all illegal payments to officials punishable by up to 15 years in jail for those who accept such payments and up to 10 years for those who make payments. Im Oudom, a member of ...