Construction standards on the way
The International Business Chamber of Cambodia (IBS) on Friday took a step to formulate industry-wide construction standards by signing a memorandum of understanding with the UK’s Royal Institute of Chartered Surveyors (RICS), an accreditation agency that monitors quality and safety across the property market. ...
Igor Kossov
http://www.khmertimeskh.com/news/15449/construction-standards-on-the-way/
Boost for seafood exports
The Institute of Standards of Cambodia (ISC) and the United Nations Industrial Development Organization (UNIDO) will team up to boost the export of four seafood products that adhere to international standards. Speaking at a workshop at the Ministry of Industry and Handicraft yesterday, ISC director-general Chan ...
Sum Manet
http://www.khmertimeskh.com/news/30243/boost-for-seafood-exports/
Heritage preserved: Park status to protect ancient site
Ancient ironwork at a site in Preah Vihear province that predates the civilisation of Angkor will fall within a new national park formed by royal decree last week. More than 200 pre-Angkor era industrial sites have been discovered since 2010, but the newly created national park ...
Phak Seangly
http://www.phnompenhpost.com/national/heritage-preserved-park-status-protect-ancient-site
New loan agreement standard for financial industry breeds debate
A “Standard of Loan Agreement” for the financial sector is under preparation, and institutions are expected to begin adopting its principles by June. But insiders and observers have expressed differing views on the precise provisions of the instrument, its potential effects on market competition, and ...
Rann Reuy
https://www.phnompenhpost.com/business/new-loan-agreement-standard-financial-industry-breeds-debate
Smooth sailing for port’s IPO
Earlier this month Sihanoukville Autonomous Port (PAS) became the fifth listed firm on the Cambodian Securities Exchange (CSX) following an initial public offering that raised $27 million. The Post’s Brian Ng sat down with Shuzo Shikata, CEO of SBI Royal Securities (SBIR), the sole underwriter ...
Brian Ng
http://www.phnompenhpost.com/business/smooth-sailing-ports-ipo
‘Inadequate’ facilities may create school drop-outs
Approximately 3 million students in 12,000 state schools across the country are at risk of drop-out or under-performance as a result of inadequate basic infrastructure, according to research by a coalition of civil society groups.The warnings came following a forum convened in the capital on ...
Pech Sotheary
http://www.phnompenhpost.com/national/inadequate-facilities-may-create-school-drop-outs
Inflation rises 1.3 percent
Cambodia’s consumer price index rose by 1.3 percent in July compared to a year earlier on the back of higher food and fuel prices, according to data from the National Institute of Statistics. The increase was also due to non-alcohol beverages, clothing and footwear, housing, water, ...
Small rise in Kingdom’s February inflation
Cambodia saw a 1.7 per cent rise in inflation in February compared with the same month the previous year. Prices of food and fuel rose, according to official data from the National Institute of Statistics (NIS). “The increase for all index group of a 1.7 per ...
http://www.phnompenhpost.com/2013042365161/Business/small-rise-in-kingdom-s-february-inflation.html
Program aims to boost rice resilience to climate change
As climate change increases the severity of droughts and floods across the Kingdom, a push is being made for farmers to adopt more resistant rice varieties. The Philippines-based International Rice Research Institute launched a USAID-financed project in Phnom Penh yesterday in a bid to “accelerate the ...
Khouth Sophak Chakrya and Charles Rollet
http://www.phnompenhpost.com/business/program-aims-boost-rice-resilience-climate-change
S’ville set to turn into ‘second Shenzhen’
The Ministry of Economy and Finance has awarded a master plan consultancy contract to top Chinese institute for the development and transformation of Preah Sihanouk province into a “Model Multi-Purpose Special Economic Zone”, Southeast Asia’s next logistics and resort hub and innovation centre. ...
May Kunmakara
https://www.phnompenhpost.com/business/sville-set-turn-second-shenzhen
Guinea interested in Cambodian rice
The Republic of Guinea plans to import 40,000 tonnes of milled rice from Cambodia, Alpha Condé, the president of the West African nation, said during a recent visit to the Kingdom. The two countries will also look to follow up on agricultural technology co-operation agreed on ...
MISTI, Japan and Thailand to enhance regional STI collaboration
Cambodia has launched the “Mutual Learning of Science, Technology and Innovation (STI) Coordination-Toyota Foundation” project to enhance the collaboration on STI coordination in the region. ...
Ben Sokhean
https://www.khmertimeskh.com/501335213/misti-japan-and-thailand-to-enhance-regional-sti-collaboration/
T-Shop offers first domestic franchise
T-Shop Cambodia, a Phnom-Penh based electronics and gadget shop founded in 2012, has announced that due to nationwide interest it is offering franchise options, with two already sold. This makes it the first Cambodian-owned business to sell franchises, according to CEO Bung Hor. ...
Sok Chan
http://www.khmertimeskh.com/news/31416/t-shop-offers-first-domestic-franchise/
Seaport debuts on stock market
Shares in Sihanoukville Autonomous Port (PAS), the state-owned enterprise that operates Cambodia’s only deep-sea port, debuted on Cambodia’s stock exchange yesterday after an initial public offering that raised $27 million. ...
Brian Ng and Hor Kimsay
http://www.phnompenhpost.com/business/seaport-debuts-stock-market
High food prices shrink imports in third quarter
Food and beverage imports in the Kingdom fell more than 70 per cent in the third quarter, as high international prices and the growth of domestic production dragged on demand. About 192,580 tonnes of food and beverage products entered Cambodia between July and September, down 72 ...
Ministry of Labor and Vocational Training chairs the first meeting of the inter-institutional inspection team
On May 8, 2024, Heng Sour, Minister of Labor and Vocational Training, chaired the first inter-ministerial meeting after the decision to announce the composition on February 23, 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501485450/ministry-of-labor-and-vocational-training-chairs-the-first-meeting-of-the-inter-institutional-inspection-team/
Angkor Wat ticket prices set to rise after government takeover
Tourism Minister Thong Khon said on Sunday he did not believe an upcoming hike in the cost of tickets for foreigners visiting Angkor Wat will cause fewer tourists to come to Cambodia, with surveys showing most who visit the country are prepared to pay more. ...
Kang Sothear
https://www.cambodiadaily.com/news/angkor-wat-ticket-prices-set-to-rise-after-govt-takeover-116386/
Kingdom, Japan to ink $33.9m grant today
Cambodia will sign a $33.9 million grant aid today from the Japanese government to support various small hydropower dam projects, improve a hospital and update resources of a university, according to a press release from the Ministry of Foreign Affairs. ...
http://www.phnompenhpost.com/2013032164548/Business/kingdom-japan-to-ink-33-9m-grant-today.html
Cambodia, Brazil ink broad new agreement
Cambodia signed a Memorandum of Understanding on Friday with Brazil, the largest Latin American economy, to boost cooperation in areas that include agriculture, technology and diplomatic ties, officials said. The MoU was signed at the Ministry of Foreign Affairs by secretary of state Ouch Borith and ...
Law on IT in the making
Government officials are studying a draft law on information technology crimes to ensure the integrity of computer systems use and the protection of public order. ...
Hang Punreay
https://www.khmertimeskh.com/501146253/law-on-it-in-the-making/