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PM Hun Sen says ASEAN optimistic about achieving single market goal

ASEAN is confident that the goal of establishing a single market would not be far, and the bloc will continue to aim for it for the common interest of its people and leaving no one behind. ...

Khmer Times Staff
https://www.khmertimeskh.com/501203706/pm-hun-sen-says-asean-optimistic-about-achieving-single-market-goal/

Growth pegged at 5.5% for ‘23 recovery stage by World Bank

The World Bank has upheld its economic growth forecast for Cambodia this year at 5.5 percent, supported by the resurgence of the services sector, particularly tourism, following the post-pandemic recovery. This projection is in contrast with the Asian Development Bank (ADB), which revised its growth ...

May Kunmakara
https://phnompenhpost.com/business/growth-pegged-55-23-recovery-stage-world-bank

Greed for land consumes lakes, forests: Environment 2022

Timber, monkeys, orchids, sand: Cambodia’s protected areas and natural resources continue to be a lucrative source of income, in spite of all the promises (and international funding) to protect them. Above all else, the hunger for land has consumed Cambodians and foreigners alike, triggering a constant ...

Danielle Keeton-Olsen
https://vodenglish.news/greed-for-land-consumes-lakes-forests-environment-2022/

ANA replanting vacated Angkor land

APSARA National Authority (ANA) said that since last December, 22,963 saplings have been planted on the land formerly occupied by inhabitants who have now relocate to the newly formed development areas of Pak Snung and Run Ta Ek in Siem Reap province. It said 27,481 ...

Kim Yutharo
https://www.phnompenhpost.com/national/ana-replanting-vacated-angkor-land

Bank Predicts 6.8% Economic Growth in 2012

The Asian Development Bank (ADB) has released figures which show they believe that the Cambodian economy will grow between 6.8 and 7 percent in 2013 and 6.8 percent in 2012. Their reporting sites the growth in the Cambodian garment industry as a major factor. The ...

World Bank No Longer Funding State-Run Radio

The World Bank has ceased funding Radio National Kampuchea (RNK) as of last month due to a failure to comply to the bank’s Demand for Good Governance Project agreement. The funding ended on June 30. The World Bank granted RNK US $20 million with a ...

Chinese firm buys timber concession

Cambodia has granted Chinese timber company Shengda Wood a 22,600-hectare timber concession in Kratie and Strung Treng provinces, officials said. The Shenzhen Stock Exchange-listed company would export wood from the 70-year concession to supply a depleted market in China, Li Jie, a management official in Sichuan, ...

http://www.phnompenhpost.com/index.php/2011110252471/Business/chinese-firm-buys-timber-concession.html

Borei Keila residents start fire, stone district office

About 200 residents of Phnom Penh’s Borei Keila community burned tires and threw rocks at the Prampi Makara district office yesterday, demanding that the district governor solve a long-running housing dispute between them and powerful construction firm Phanimex, which they say has failed to abide ...

New securities dealer launches in Kingdom

Golden Fortune Securities, a Cambodian-Chinese joint venture and the Kingdom’s second securities dealer, officially opened its doors yesterday. The company was the most recent of Cambodia’s 13 licensed dealers, brokers and underwriters to launch operations. A date for company listings, or actual Cambodia Securities Exchange operations, was ...

http://www.phnompenhpost.com/index.php/2011122353575/Business/new-securities-dealer-launches-in-kingdom.html

Nation’s first sea bridge opens

A bridge crossing the sea between Sihanoukville and the island of Koh Puos in Cambodia has officially been opened by Prime Minister Hun Sen. Koh Pous owned by the Russian company Koh Pous (Cambodia) Investment Group is turning the island into a resort known as ...

http://www.phnompenhpost.com/index.php/2011071350355/Business/nations-first-sea-bridge-opens.htm

After Mass Faintings, Factory Temporarily Closes

Hung Wah Cambodia Garment factory has been temporarily closed by its management after a second mass fainting spell of its floor workers. Authorities have asked that the factory close for a short time in order for the workers to have an opportunity to relax. There ...

Project to conserve Bakheng Temple gets $450,000 grant

A nearly half-million-dollar grant will allow a conservation project at Phnom Bakheng Temple – one of the oldest temples in the Angkor Archaeological Park – to be completed, according to the World Monuments Fund. The $450,000 grant was donated by the US Ambassadors Fund for Cultural ...

SBI, Royal to create $50m investment fund

Japanese financial group SBI Holdings Inc announced yesterday that it would launch a $50 million investment fund with The Royal Group to invest in local companies in a wide range of industries. In a statement, SBI Holdings also said that its securities company in Cambodia, SBI ...

Travel to coast down during Pchum Ben

Bad weather scared tourists from Cambodian beaches and other popular travel destinations during a three-day national holiday, provincial tourism officials said yesterday. Preah Sihanouk province saw a 30 to 35 percent drop in tourist numbers during the Pchum Ben holiday, which ended Wednesday, Seng Kha, deputy ...

http://www.phnompenhpost.com/index.php/2011093051878/Business/travel-to-coast-down-during-pchum-ben.html

Australian grant to assist railway families

The Australian government is committing $1 million to help families being forced out of their homes to make way for a railway rehabilitation project it is co-funding with the government and the Asian Development Bank (ADB), the Australian Embassy said in a statement Friday. The embassy ...

Toilet drive aimed at reducing disease, death

Nearly 10 million Cambodians and 2.6 billion people worldwide do not have access to a toilet on a daily basis, a World Toilet Organisation official said on Saturday. Sum Sokun, program manager for the WTO, gathered to celebrate World Toilet Day with villagers in the Ponhea ...

http://www.phnompenhpost.com/index.php/2011112152866/National-news/toilet-drive-aimed-at-reducing-disease-death.html

Dhammayietra Peace March to Cover 135 Km

About 70 monks and nuns embarked on the 22nd Dhammayietra peace walk yesterday in Oddar Meanchey province’s Samraong City to promote nonviolence and honor the legacy of the walk’s late founder, Venerable Maha Ghosananda. The six-day pilgrimage, during which participants will walk 135 km through five ...

King Norodom Sihamoni welcomes new Senate, urges respect for human rights

King Norodom Sihamoni, in an opening speech on Monday to Cambodia’s newly minted Senate, urged the legislative body to uphold human rights and justice. King Sihamoni warmly congratulated the 62-member Senate on its new mandate following almost a year of what observers have described as ...

Ben Sokhean and Erin Handley
https://www.phnompenhpost.com/national/king-norodom-sihamoni-welcomes-new-senate-urges-respect-human-rights

Kampong Cham storm injures two, damages houses

Nearly 500 homes were damaged and a father and son injured during severe winds and heavy rains in Kampong Cham province’s Batheay district on Saturday. Duong Nha, Batheay district deputy police chief, said the storm damaged 496 homes in San Dek and Trorp communes. Of ...

Phak Seangly
https://www.phnompenhpost.com/national/kampong-cham-storm-injures-two-damages-houses

No energy after national election

Residents here yesterday expressed concern about the lack of energy during the count process for Sunday’s national election. Many in Kampong Siem district’s Koh Mit commune said that they felt indifferent, even as the National Election Committee said that the voter turnout rate in the ...

Khuon Narim
https://www.khmertimeskh.com/50517412/no-energy-after-national-election/

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