Cambodia predicts 12 pct growth in tourism this year: minister
Cambodia is forecast to receive 4.7 million foreign visitors in 2014, an estimated rise of 12 percent from 4.2 million in 2013, Minister of Tourism Thong Khon said Wednesday. Last year, the country’s tourism generated 2.5 billion U.S. dollars, contributing about 16 percent to the GDP, ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-02/26/c_133144806.htm
Cambodia's tax revenues from casinos up 12 pct last year
Cambodia earned tax revenue of over 25 million U.S. dollars from casino industry in 2014, up 12 percent year-on-year, a local Cambodian Television Network (CTN) reported Monday, citing a senior finance official. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/cambodias-tax-revenues-from-casinos-up-12-pct-last-year-8349
Government pays $1.2 million to garment workers who gave birth
The government has paid about $1.2 million to nearly 12,000 female garment workers who have had babies so far this year. According to a report released yesterday by the National Social Security Fund, 11,706 female garment workers delivered babies in January, February and the first 22 ...
Mom Kunthear
http://www.khmertimeskh.com/50115636/government-pays-1-2-million-to-garment-workers-who-gave-birth/
Sky Land and Dutch kamworks sign $12.5 million solar deal
SKY LAND and Netherlands-based Kamworks company have signed a $12.5 million agreement to supply 5 megawatts of solar power to a project in the Vihear Sour special economic zone by the 7NG development group. ...
Sum Manet
http://www.khmertimeskh.com/news/23801/sky-land-and-dutch-kamworks-sign--12-5-million-solar-deal/
Hun Sen receives an honorary degree, bringing total up to 12
Prime Minister Hun Sen was awarded an honorary doctorate in “transformational leadership” by Malaysia’s Limkokwing University on Wednesday, adding to his extensive list of honorary degrees. ...
Khy Sovuthy
https://www.cambodiadaily.com/news/hun-sen-receives-an-honorary-degree-bringing-total-up-to-12-93802/
Cambodia’s Crude Oil Imports Fall 12 pct in Q-1
Cambodia imported 412,190 tons of Crude Oil in Q-1 of Y 2013, a 12% fall compared with the 471,000 tons it imported at the same period last year, the Commerce ministry’s report showed Saturday. During the January-March period this year, the country spent US$ 397-M to ...
Gold resource in northeastern Cambodia estimated at 1.2 mln ounces
Australia’s Renaissance Minerals (Cambodia) Ltd. unveiled Thursday that it estimated that gold resource[s] at O’kvau area in Cambodia’s Mondolkiri province could be as much as 1.2 million ounces, the firm’s Managing Director Justin Tremain said. Speaking during a meeting with Cambodian Minister of Industry, Mines and ...
Cambodia's garment, footwear exports up 12.6 pct in 7 months
Garment and footwear industry, Cambodia’s largest income earner, reported a 12.6 percent rise in exports in the first seven months of 2014, according to the data of the Ministry of Commerce on Thursday. The country exported apparel and footwear products worth 3.47 billion U.S. dollars during ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-09/25/c_133672486.htm
Grade 12 exam asks students to explain the ‘culture of dialogue’
In the country’s current political climate, the term “culture of dialogue” is inescapable, whether because it is being used to resolve the issues of the day or allegedly being violated by the ruling or opposition party. ...
Janelle Retka and Aun Chhengpor
https://www.cambodiadaily.com/news/grade-12-exam-asks-students-to-explain-the-culture-of-dialogue-92667/
Amid credit expansion, Riel loans minimal
Cambodia’s credit sector is expanding rapidly with the central bank saying now is the time to start infusing the market with riel and begin a process of de-dollarization in the country’s economy. But as the growth of dollarized loans outstrips those in riel, disbursing credit ...
George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/amid-credit-expansion-riel-loans-minimal-66610/
Ground breaks on Battambang water plant
Ground has been broken on a new water treatment plant in Battambang province which will serve the provincial capital. The plant, in Kampong Wat Kor commune’s Seima village of the town, is co-financed by the Asian Development Bank (ADB) and the Agence Francaise De Developpement- AFD ...
Yuth Vireak
https://www.phnompenhpost.com/national/ground-breaks-battambang-water-plant
First two days of voter registration nets over 30K new voters
The National Election Committee (NEC) confirmed that in the first two days of new registration on October 20-21 for next year’s national election, more than 30,000 new voters had registered, while nearly 6,000 people have been de-listed. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/first-two-days-voter-registration-nets-over-30k-new-voters
Cambodia Takes Aim at the Dominant Dollar
PHNOM PENH—In its home country, the Cambodian riel has long played second fiddle to the U.S. dollar—but a new stock exchange and government de-dollarization policies could bolster it in coming years, policy makers and experts say. Dollars change hands with greater frequency than riel in the ...
http://online.wsj.com/article/SB10001424052702303772904577336784184598356.html
Death Toll Rises Even as Floodwaters Recede
As floodwaters begin to recede, the extent of the humanitarian crisis and infrastructural damage is slowly being revealed, and in many places the situation is potentially worse than it was following the devastating floods in 2011, according to the National Committee for Disaster Management (NCDM). Keo Vy, ...
Simon Henderson and Ben Sokhean
http://www.cambodiadaily.com/news/death-toll-rises-even-as-floodwaters-recede-45349/
Last warning for Angkor park holdouts
Prime Minister Hun Sen issued a warning to people who are living in the Angkor Archaeological Park and refuse to relocate their houses. He told them that when measures are taken to clear the area are over, they will not receive any form of compensation, ...
Voun Dara and Samban Chandara
https://www.phnompenhpost.com/national/last-warning-angkor-park-holdouts
Cambodia Nothing To Fear From Openness And Competitions: Trade Minister
Cambodia so far has not feared for creating ASEAN economic community 2015 and deeper ASEAN and East Asia regional integration as the region will have free flow of goods, worker mobilization, finance and investment,” trade minister Cham Prasidh said on June 12. His announcement was made during the workshop of ASEAN economic community 2015. “We ...
Cambodia's SEZ exports expected to hit 1.2 bln USD in 2015
Exports from Special Economic Zones (SEZs) in Cambodia are projected to reach about 1.2 billion U.S. dollars this year, up 87 percent year-on-year, a local English newspaper reported Tuesday, citing figures from the Commerce Ministry.Exports from SEZs totalled 672 million U.S. dollars last year. ...
Global Post News Staff
http://www.globalpost.com/article/6705473/2015/12/15/cambodias-sez-exports-expected-hit-12-bln-usd-2015
Cambodia's banking industry sees 31 pct lending growth in last 12 months
Loan demands from Cambodia’s banking industry had surged by 31 percent in the last twelve months thanks to the growing business activities in trade, real estate, agriculture and manufacturing, a central bank’s senior official said Tuesday. As of June 2012, the kingdom’s 32 commercial banks had ...
http://www.chinadaily.com.cn/xinhua/2012-07-24/content_6528755.html
Cambodia's only listed company predicts 12 pct rise in profit this year
Phnom Penh Water Supply Authority (PPWSA), the single listed company on the Cambodia Security Exchange (CSX), expected a 12 percent surge in profit in 2014, a senior official said Thursday. ...
ASEAN - China Centre News Staff
http://www.asean-china-center.org/english/2014-04/25/c_133290108.htm
EU Launches Food Security Program Aimed at Minorities
The European Union has launched a $4.5 million program aimed at increasing food security among indigenous minorities in Ratanakkiri province, including those whose land has been affected by the growing number of economic land concessions in the area. Speaking on the sidelines of the launch in ...