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Cambodia is regional exception to falling trend in manufacturing

Manufacturing as a share of output has peaked in most developing East Asia and Pacific economies except for Cambodia and Vietnam, the World Bank says. ...

Khmer Times Staff
https://www.khmertimeskh.com/501265854/cambodia-is-regional-exception-to-falling-trend-in-manufacturing/

Minister tells UN ‘perfect democracy’ not realistic

Foreign Minister Prak Sokhonn defended the government before the U.N. General Assembly in New York on Saturday, saying that the ruling party was being held to unrealistic expectations of a “perfect democracy” while the opposition was “committing very serious crimes.” Delivering his first major address to ...

Colin Meyn
https://www.cambodiadaily.com/news/minister-tells-un-perfect-democracy-not-realistic-118422/

Customs and Excise Director to retire

Pen Siman, the general director of the Ministry of Finance’s general department of customs and excise, will retire in October, according to a royal decree signed by King Norodom Sihamoni and reprinted Wednesday in local media. Dated April 3, the royal decree instructs Prime Minister Hun ...

Hul Reaksmey
http://www.cambodiadaily.com/news/customs-and-excise-director-to-retire-57879/

Vietnam, Cambodia promote trade, investment activities

The Investment and Trade Promotion Center of Ho Chi Minh City hosted a seminar on investment promotion between Vietnam and Cambodia in 2024 on June 7. ...

Saigon News
https://www.khmertimeskh.com/501502736/vietnam-cambodia-promote-trade-investment-activities/

Mfone $65 million in debt

Failed Cambodian telco Mfone owes at least $65 million to multiple creditors that sources say include the government. A court injunction to freeze Mfone‘s assets, obtained by the Post yesterday, shows Mfone owes Chinese telco provider Huawei Technologies more than $65 million. Phnom Penh Municipal Court judge ...

http://www.phnompenhpost.com/2013013061068/Business/mfone-65-million-in-debt.html

Farming’s primacy ‘hinders’

Cambodia’s economic productivity is in trouble, struggling with an inability to turn a youthful population into a skilled workforce and stunted by an over-reliance on agriculture, according to a new World Bank report. In Cambodia and Vietnam, diversification of labour from the farming sector contributed to ...

Laignee Barron
http://www.phnompenhpost.com/national/farming%E2%80%99s-primacy-%E2%80%98hinders%E2%80%99

NGO accuses pair of trying to sell state land

A local conservation NGO has accused two people, one of them a soldier, of buying up and attempting to sell a parcel of state land near the Phnom Oral Wildlife Sanctuary in Kampong Speu province. ...

Phak Seangly
http://www.phnompenhpost.com/national/ngo-accuses-pair-trying-sell-state-land

CCC inks 18 MoUs with Chinese firms

The Cambodia Chamber of Commerce (CCC) on Thursday signed 18 memorandums of understanding (MoUs) with a visiting delegation of Chinese business leaders from 24 firms. They involved various forms of cooperation. ...

Hin Pisei
https://www.phnompenhpost.com/business/ccc-inks-18-mous-chinese-firms

US gives $56 mln to support Kingdom

The US government has provided a total of $56 million to support Cambodia’s social and economy development programme in 2020, including $18 million to promote the Kingdom’s agriculture sector, according to a joint statement. ...

Sorn Sarath
https://www.khmertimeskh.com/50738964/us-gives-56-mln-to-support-kingdom/

FAO expects Cambodian rice output to fall but stay above average this year

Rice output in Cambodia, Thailand and Vietnam is forecast to fall this year but stay above five-year averages in Cambodia and Thailand, according to the Food and Agricultural Organisation of the United Nations (FAO). ...

Khmer Times Staff
https://www.khmertimeskh.com/501162901/fao-expects-cambodian-rice-output-to-fall-but-stay-above-average-this-year/

China’s BRI contributes to Cambodia’s economic development: DPM Sun Chanthol

China-proposed Belt and Road Initiative (BRI) has contributed enormously to Cambodia’s economic growth, creating more new opportunities for development in Cambodia, said Sun Chanthol, Deputy Prime Minister of Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501381557/chinas-bri-contributes-to-cambodias-economic-development-dpm-sun-chanthol/

Laos plans new consulate

Laos plans to establish consulate general in Siem Reap province to boost bilateral cooperation with Cambodia through tourism and trade, a senior official from Ministry of Foreign Affairs said on Wednesday. “Tourism from Laos is increasing annually, so Lao PDR will establish a general consulate based ...

Chan Muyhong
http://www.phnompenhpost.com/business/laos-plans-new-consulate

Hoa Phat receives many orders to export steel in January, including Cambodia

In the early days of this year, Hoa Phat Group secured many orders to export its steel products to the US, Canada, Mexico, Puerto Rico, Australia, Malaysia, Hong Kong (China), and Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501234931/hoa-phat-receives-many-orders-to-export-steel-in-january-including-cambodia/

Major facelift for notorious Prey Speu

Officials in the Ministry Of Social Affairs are planning to make a set Of major changes to the infamous Prey Speu detention center, aimed at improving its healthcare services, educational options, and the quality Of the housing it Offers. But some critics say the changes ...

Jonathan Cox
http://www.khmertimeskh.com/news/18784/major-facelift-for-notorious-prey-speu/

Cambodia gets $127.8 million ADB loan to help expand power grid

The Asian Development Bank has approved a $127.8 million loan to support the construction of transmission lines and substations to help provide Phnom Penh and three other Cambodian provinces with stable and reliable electricity supply. ...

Khmer Times Staff
https://www.khmertimeskh.com/50763156/cambodia-gets-127-8-million-adb-loan-to-help-expand-power-grid/

Settling disputes in securities sector with the SERC mediation mechanism

The SERC – established under the Preah Reach Kram No. NS/RKM/1007/028 on October 19, 2007 that promulgates the Law on the Issuance and Trading of Non-Government Securities – is the sole authority that controls and supervises the securities sector. ...

Post Staff
https://www.phnompenhpost.com/business/settling-disputes-securities-sector-serc-mediation-mechanism

University dorm for orphans

Ol Sok Hour, a keen and promising student, had his life turned upside down two years ago when his parents died of AIDS. Yesterday, the NGO celebrated the launch of its Graduation House, a facility that will offer accommodation and support for orphaned tertiary students. ...

Sen David and Alice Cuddy
http://phnompenhpost.com/national/university-dorm-orphans

After factory ignores ruling, garment workers to march

Employees of the Ocean Garment factory in Phnom Penh’s Pur Senchey district continued to protest Monday against management’s decision to ignore an Arbitration Council ruling on owed wages. Cheng Chhorn, secretary general of the Collective Union of Movement of Workers, said the workers will march to ...

Sek Odom
http://www.cambodiadaily.com/news/after-factory-ignores-ruling-garment-workers-to-march-64074/

Software giant targets piracy

Microsoft Cambodia has appointed Thakral Cambodia Industries Limited as its second authorised software distributor in the country, a move intended to help the computer giant’s local operation combat the rampant use of pirated software. Thakral, one of the largest distributors of IT products in Cambodia (its ...

Anne Renzenbrink
http://www.phnompenhpost.com/business/software-giant-targets-piracy

Deportation figures triple

A year-long crackdown on illegal immigration equated to a threefold increase in deportations in the first 11 months of 2015, with 4,312 foreigners sent home versus just 1,307 in the same period last year, according to a Department of Immigration report obtained yesterday. ...

Mom Kunthear
http://www.phnompenhpost.com/national/deportation-figures-triple

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