Cambodian exports to Malaysia almost double in 2012
Cambodia’s exports to Malaysia almost doubled from $55.5 million a year earlier to $101 million in 2012, the Malaysian Embassy said. Exports were led by crude rubber at $69.1 million followed by milled rice at $24.3 million, up sharply from $9.5 million in 2011 and ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MWU5MWViZGE1NTc
CPI: cost of living falls slightly
The Kingdom’s consumer price index declined by 0.1 per cent in October for the first time in 2012 due to a decline in food and gasoline prices and a stable US dollar exchange rate, according to official data released by the National Institute of Statistics ...
http://www.phnompenhpost.com/index.php/2012112359895/Business/cpi-cost-of-living-falls-slightly.html
About 871,000 Cambodians travel abroad in 2013, up 10 pct
The number of Cambodia’s outbound travelers increased by 10 percent year-on-year to 871,000 last year, a report of the Ministry of Tourism showed Tuesday. Ang Kim Eang, president of Cambodia Association of Travel Agents, which represents about 220 tour and travel companies, said most of Cambodian ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-02/18/c_133124854.htm
Satellite data suggests forest loss is accelerating
Satellite images suggest tropical forests from the Amazon to the Philippines are disappearing at a far more rapid pace than previously thought, a University of Maryland team of forest researchers say. Tropical Asia showed the second largest increase in deforestation with 0.8 million hectares (about ...
Kyle Plantz
http://uk.reuters.com/article/2015/03/02/us-forest-satellites-idUKKBN0LY1M720150302
Self-sufficiency in 3 years: minister
Cambodia’s energy minister promised lawmakers from the National Assembly’s public works and energy commission yesterday that the country will be weaned off of foreign electricity imports within three years, the commission’s vice chairman said in a press conference after the meeting. According to Mao Monyvann, a ...
Pech Sotheary
http://www.phnompenhpost.com/self-sufficiency-3-years-minister
Thousands of workers go on strike in Prey Veng
Some 3,000 workers protested in front of a garment factory in Prey Veng province Monday, calling for larger bonuses and better working conditions, according to unionists and factory representatives. Employees of the Chinese-owned Komchay Mear Trading factory, which produces clothing for U.S. brand Gap, have been ...
Ben Sokhean
http://www.cambodiadaily.com/news/thousands-of-workers-go-on-strike-in-prey-veng-68069/
Gov’t to spend $50M to cut electricity tax for industries
The government will spend some $50 million in subsidies to reduce electricity tariffs by $0.01 per kilowatt-hour for the industrial and agricultural sectors from this month, Ministry of Mines and Energy senior official Victor Jona said on Sunday. ...
Thou Vireak
https://www.phnompenhpost.com/business/govt-spend-50m-cut-electricity-tax-industries
University students encouraged to focus on digital technology
Ministry of Commerce (MoC) has encouraged university students in Cambodia to focus on digital technology and innovation developments amid the remarkably growing Industry Revolution 4.0 and e-commerce business after the e-commerce law was passed. ...
Kang Sothear
https://www.khmertimeskh.com/501139165/university-students-encouraged-to-focus-on-digital-technology/
Bilateral political consultations start between France and Cambodia
The first session of the Bilateral Political Consultations between Cambodia and France took place on Monday, discussing a wide range of issues, including economic and political ties, the Ministry of Foreign Affairs and International Cooperation said on Wednesday. ...
Prak Chan Thul
https://kiripost.com/stories/bilateral-political-consultations-start-between-france-and-cambodia
PPAP’s jan-june revenue down 19%
Phnom Penh Autonomous Port (PPAP) saw a one percent year-on-year (YOY) uplift in revenue for the month of June, coming in at $3.6 million following a continued decline in the first five months of the year. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/ppaps-jan-june-revenue-down-19
Workers given three paid days off to vote
The Ministry of Labor and Vocational Training has announced that private businesses and employers will allow their staff a paid three-day leave to return to their home provinces and vote in the upcoming National Election. ...
Ponlue Pok
https://kiripost.com/stories/cambodia-workers-given-three-paid-days-off-to-vote
For underpaid teachers, a desire for dignity
Hang Mao was among more than 11,000 Phnom Penh public school teachers who were told two weeks ago that corruption in the classroom would no longer be tolerated. The message came from senior city officials, including Phnom Penh Governor Pa Socheatvong and municipal education director Chea ...
Phann Ana
http://www.cambodiadaily.com/news/for-underpaid-teachers-a-desire-for-dignity-51857/
Amid stable outlook, Moody's confirms Cambodia credit rating
Moody’s Investors Service affirmed Wednesday Cambodia’s government issuer rating at B2 with a stable outlook, stating that recent labour unrest could result in only slightly slower economic growth this year. “Cambodia’s underlying credit strengths are expected to withstand the impact of recent political tensions and labor ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MmM0MmU3NmU4MmU
China IPO to benefit Kingdom
China’s Sinohydro Group Ltd earned US$2.12 billion in an initial public offering on the Shanghai Stock Exchange, the company announced yesterday. The move came just two months before Sinohydro launches the Kamchay Hydroelectric Dam in Cambodia’s Kampot province. The company expects the IPO to help fund ...
http://www.phnompenhpost.com/index.php/2011093051879/Business/china-ipo-to-benefit-kingdom.html
Floods to push up non-performing loans in 4th quarter
The worst floods in a decade may boost the number of nonperforming loans in the Kingdom’s microfinance industry in the fourth quarter, insiders said yesterday. However, those insiders said the damage done to Cambodia’s agriculture sector would not have a significant impact given the MFIs’ diversified ...
Kingdom’s petrol prices up 20%
Cambodia’s retail petrol price has increased more than 20 per cent during the first four months of this year due to rising costs on the international market, the monthly oil prices set by the Ministry of Commerce reveal. According to the price lists, which have ...
Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-petrol-prices-20
Cambodia’s Place in ASEAN
Cambodia is one of the smallest and poorest economies in ASEAN. It accounts for only 0.7% of total regional economic activity and had the lowest GDP per capita in 2014 (Table 1). Only the Lao PDR has a smaller economy, and the next-poorest countries in ...
IndraStra Global
http://www.indrastra.com/2016/07/EXCERPT-Cambodia-s-Place-in-ASEAN-002-07-2016-0037.html
Cambodian government considers raising duty tax on local cigarettes
A packet of local Cambodian ARA cigarettes costs 1400Riel, around £0.22. Government tobacco tax on local products is currently 10%. Smoking and drinking is endemic in the poor youth of Cambodia and tax hike is proposed to cut the addiction. Ayda Yurekli, an academic from the ...
Homing in on the IPO price
From June 22 to 28, the price of Phnom Penh Water Supply Authority (PPWSA) stock slowly approached its Initial Public Offering (IPO) price while trading volumes stayed within the range of 10,000 to 22,000 shares. The price dropped from KHR 6,6so (US$1.63) to KHR 6,3so (US$LS6) from June 22 to 28. ...
http://www.etmcambodia.com/search.php?s=The+Week+at+the+CSX&submit=Search
UN Sees Cambodian Economic Growth Slowing in 2012
Economic growth in Cambodia is estimated to reach 6.7 percent this year, a 0.2 percent drop compared with 2011, the U.N. said in a report released on Friday, citing a modest slowdown in exports from Cambodia to the U.S. and Europe. In its Economic and Social ...