Exports from SEZs soar 27% year-on-year
Cambodia’s exports through the special economic zones (SEZs) last year increased by about 27 per cent compared to 2018, Minister of Economy and Finance Aun Pornmoniroth said on Thursday. Speaking during a visit to the Phnom Penh Special Economic Zone (PPSEZ), Pornmoniroth said the total ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-sezs-soar-27-year-year
USAID to provide skills training ahead of ASEAN integration
USAID has announced a regional project to train hundreds of instructors and students to be more competitive for Asean integration at the end of next year. Many young Cambodians say they fear the impending competition from an EU-like economic integration that would free up goods and ...
Sok Khemara
http://www.voacambodia.com/content/usaid-to-provide-skills-training-ahead-of-asean-int/2527791.html
Cardamom solution remains an option
Dr. Tim Killeen, author of The Cardamom Conundrum, Reconciling Development and Conservation in the Kingdom of Cambodia, discusses his recently released book, which argues that Cambodia is well positioned to reap the benefits of ‘green development’. Why did you select the Cardamom Mountains as the area ...
Cambodia Least Competitive in Region on Global Index
Cambodia is the one of the least competitive countries in the region, hampered by corruption, a poorly educated workforce and inefficient government, according to a recent study. The annual Global Competitive Index, conducted by the World Economic Forum, showed a large uptick in reported corruption for ...
http://www.voacambodia.com/content/cambodia-least-competitive-in-region-on-global-index/1559776.html
Exports through Svay Rieng increase by $237 million
Cambodia’s exports through three Special Economic Zones in Svay Rieng province, which shares a border with Vietnam, have recorded a $237 million rise in the first quarter of 2020. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50713731/exports-through-svay-rieng-increase-by-237-million/
Ministry, EU discuss management of chemical and associated wastes
The National Authority for the Prohibition of Chemical, Nuclear, Biological and Radiological Weapons (NACW) at the Ministry of National Defence and the EU have co-organised a 12-day workshop for 205 trainees from 29 institutions. The workshop focuses on training participants on the Sound Management of Chemicals ...
Khorn Savi
https://www.phnompenhpost.com/national/ministry-eu-discuss-management-chemical-and-associated-wastes
Cambodia, Macao ink tourism pact
The Ministry of Tourism signed a memorandum of understanding (MoU) with Macao to boost the Kingdom’s tourism industry and train personnel in the sector. ...
Sum Manet
http://www.khmertimeskh.com/news/25554/cambodia--macao-ink-tourism-pact/
Payments lagging as deadline for telecom fees approaches
The Ministry of Posts and Telecommunications has collected less than one-third of a set of annual fees owed to it by telecommunications companies by the end of this month, with more than 80 percent of the fees so far coming from a single provider. ...
Hor Kimsay and Brendan O’Byrne
http://www.phnompenhpost.com/business/payments-lagging-deadline-telecom-fees-approaches
Prime Minister sister nominated as under-secretary
Prime Minister Hun Sen’s younger sister, Hun Sinath, has been nominated to the position of Under-Secretary of State for the Ministry of National Assembly-Senate Relations and Inspection. She was nominated, at the age of 57, by King Norodom Sihamoni on December 9, 2013. .. ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=YWY5ODM4YzAxMjN
Toyota snaps up large land lease on outskirts of Phnom Penh
Toyota Cambodia will build a new facility on the outskirts of Phnom Penh to serve its customers and operations, the Phnom Penh Special Economic Zone (PPSEZ) said in a statement yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/toyota-snaps-large-land-lease-outskirts-phnom-penh
BHP Billiton Faces Bribery Charges After Abandoned Project
The U.S. Department of Justice (DOJ) and the country’s financial regulator have informed Australia-based mining giant BHP Billiton it could still be charged over allegations the company bribed overseas officials, which include claims of improper payments to members of the Cambodian government. Prime Minister Hun Sen ...
Some fear political deal will hurt long-term democracy
A deal between the ruling party and opposition in July may have ended a yearlong political deadlock, but some rights workers now worry the compromises will not be worth the long-term costs to Cambodian democracy. But Ou Virak, chairman of the board at the Cambodian ...
Men Kimseng
http://www.voacambodia.com/content/some-fear-political-deal-will-hurt-long-term-democracy/2545890.html
Cambodian Per Capita GDP To Touch $1,000
Echoing remarks made by Cambodian Prime Minister Hun Sen earlier last week, economic experts agreed that the country’s gross domestic product (GDP) per capita would reach US$ 1,000 ( Bt30,377) this year, up from the estimated $900 at the end of 2011. Managing director of Acleda ...
http://www.nationmultimedia.com/business/Cambodian-per-capita-GDP-to-touch-$1000-30176744.html
Exports Rise, but Value of Goods Remains Weak
Cambodia saw significant percentage gains in regional trade in the first six months of the year, though the gap between imports and exports remained large, according to data released yesterday by the Ministry of Commerce. According to the figures, the country saw regional exports to ...
Cambodia urges more collaborations between nations
To counter the growing risk of geopolitics, it is important to have more mutual investments and collaborations between countries and regions to truly achieve global economic prosperity, experts say. ...
Khmer Times Staff
https://www.khmertimeskh.com/501389490/cambodia-urges-more-collaborations-between-nations/
Firms eye Kingdom as tariffs mount on factories in China
The Kingdom is becoming more attractive than ever for fashion companies that are looking to diversify their supply chains in response to the escalating trade war between the US and China, industry experts say. ...
Hor Kimsay
https://www.phnompenhpost.com/business/firms-eye-kingdom-tariffs-mount-factories-china
ADB forecast: 4% economic growth in 2021
Cambodia’s economy is forecast to grow 4.0 per cent this year and 5.5 per cent in 2022, as economic recoveries in major trading partners boosts demand for the Kingdom’s exports, according to an Asian Development Bank (ADB) report released on April 28. ...
Thou Vireak
https://www.phnompenhpost.com/business/adb-forecast-4-economic-growth-2021
Minister puts neo-natal intensive care on agenda
Health Minister Mam Bun Heng has issued a directive for all private maternity clinics and hospitals to establish neo-natal intensive care units – which treat seriously ill newborns and premature infants – in order to further reduce maternal and child deaths in the Kingdom. ...
Kong Meta
http://www.phnompenhpost.com/national/minister-puts-neo-natal-intensive-care-agenda
Ocean fight looks to the government
Days after a Phnom Penh garment factory refused to abide by an Arbitration Council decision in favour of its employees, more than 1,000 workers are expected to demonstrate in front of the Ministry of Labour today. ...
Mom Kunthear
http://www.phnompenhpost.com/national/ocean-fight-looks-government
Cambodia faces risks from a credit boom, the IMF warns
The International Monetary Fund has warned that a credit boom in Cambodia poses a threat to economic growth. Banks have been cutting interest rates to win customers and private sector credit has increased by almost a third in the past 12 months, the fund said. This ...