PWSA FY’22 net profit sees 16% contraction
Increase in water sales and construction service saw Phnom Penh Water Supply Authority’s (PWSA) net profits inch up to 22.1 billion riel ($5.5 million) in its fourth quarter ended December 31, 2022, from approximately 22 billion riel last year. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-pwsa-fy22-net-profit-sees-16-contraction
Cambodia’s agriculture census 2023 to be conducted in April
The Ministry of Planning will conduct the Agriculture Census of Cambodia 2023 throughout the country from April 1 to 30. The information was shared in a meeting here on February 15 chaired by Dr Chhay Than, Senior Minister and Minister of Planning, and Chairman of ...
Khmer Times Staff
https://www.khmertimeskh.com/501240797/cambodias-agriculture-census-2023-to-be-conducted-in-april/
Tax agency asks Japan to fast-track DTA talks
The Cambodian tax chief on May 29 asked Tokyo to speed up talks on a Double Taxation Agreement (DTA) between the Kingdom and Japan, as Customs (GDCE) reported that their bilateral goods trade closed 2022 just shy of $1.95 billion, achieving a nearly one-eighth surge ...
Hin Pisei
https://www.phnompenhpost.com/business/tax-agency-asks-japan-fast-track-dta-talks
Calls out for vocational programme enrollments
The Ministry of Labour and Vocational Training has urged young people to promptly register for courses at technical institutes throughout the country. The move follows the government’s official announcement of a national programme on technical and vocational training for 1.5 million young individuals from impoverished ...
Van Socheata
https://www.phnompenhpost.com/national/calls-out-for-vocational-programme-enrollments
Empowering Communities, A Transformative Force in Cambodia’s HIV Response
December 1 is the 35th anniversary of World AIDS Day, an opportunity to reflect on Cambodia’s dramatic progress in addressing HIV/AIDS, particularly over the past decade, and recognize the work that remains to end the disease as a public health threat. ...
Khmer Times Staff
https://www.khmertimeskh.com/501399952/empowering-communities-a-transformative-force-in-cambodias-hiv-response/
Footwear exports dip; sector shows signs of recovery
Cambodia netted over $1.2 billion from exporting footwear, gaiters and related articles in the first 11 months of 2023, marking a nearly 23% decrease year-on-year. However, the last few months of 2023 showed signs of gradual improvement, as reported by the General Department of Customs ...
Hin Pisei
https://www.phnompenhpost.com/business/footwear-exports-dip-sector-shows-signs-of-recovery
NBC policies in line with Pentagonal Strategy
The first plenary session of the new Council of Ministers under the leadership of Prime Minister Hun Manet has approved the Pentagonal Strategy-Phase 1 on August 24, 2023, to unleash a host of economic activities to be implemented to transform Cambodia into a high-income economy ...
Khmer Times Staff
https://www.khmertimeskh.com/501377575/nbc-policies-in-line-with-pentagonal-strategy/
Overloaded vehicles at issue
Overloaded vehicles are contributing to a more rapid than anticipated deterioriation of Cambodia’s road network, experts said yesterday The ADB has funded an axle-load control programme as part of a US$1 million technical package to support government rehabilitation of about 150 kilometers of the Kingdom’s roads. ...
http://www.phnompenhpost.com/index.php/2011070550177/Business/overloaded-vehicles-at-issue.html
Hongkong Land plans to break ground in 2012
Hongkong Land, one of Asia’s largest property investment companies, plans to have excavators move in on one of its four properties in Phnom Penh’s Daun Penh district that it bought earlier this year, according to an official at the company. John Brinsden, country adviser for Jardine ...
Pay Off Officials, Risk Prison Stint, New Law Says
The government has brought into force a new law that makes all illegal payments to officials punishable by up to 15 years in jail for those who accept such payments and up to 10 years for those who make payments. Im Oudom, a member of ...
Gov't, NGOs, firms finalize migrant contract
After a year of mounting concern over the treatment of migrant workers both within and outside Cambodia, the Ministry of Labor, NGOs and recruitment agencies yesterday reached an agreement on standardized contracts aimed at minimizing the possibility for exploitation. The groups agreed on a contract between ...
Abby Seiff and Cheng Sokhorng, p.25
Soybean Prices Increase as Farmers Move Away From Crop
The decreasing amount of farmers harvesting soybeans last year has limited supply and raised prices at the markets roughly 42 percent to 4,000 riel per kg, or about $1, according to an agricultural official and farmers. Cheam Chan Sorphaon, director of the provincial agriculture department in ...
The great land giveaway
More than 2 million of the Kingdom’s nearly 18 million hectares of land – roughly 12 per cent – was given out to 225 private companies in economic concessions last year, according to an annual report released by rights group Adhoc yesterday. The concessions put 606 ...
http://www.phnompenhpost.com/index.php/2012032355211/National-news/the-great-land-giveaway.html
Strike at seafood giant
About 800 Cambodian workers in Thailand went on strike yesterday against a major global seafood exporter they accuse of exploiting them. The factory, which has been identified by workers and rights groups as Phatthana Seafood Co Ltd in Thailand’s Songkhla province, allegedly scrapped a 20 baht ...
http://www.phnompenhpost.com/index.php/2012040955512/National-news/strike-at-seafood-giant.html
Officials demolish 49 illegal huts in Siem Reap
After the authorities on Friday and Saturday dismantled 49 of some 1,000 huts which had been built illegally on forest land in Siem Reap’s Phnom Kulen National Park, Banteay Srei district governor Khim Finan said on Sunday that a hunt was on for a group ...
Voun Dara
https://www.phnompenhpost.com/national/officials-demolish-49-illegal-huts-siem-reap
Gov’t: drive safe, pay workers
The Interior Ministry is hoping last year’s relative decrease in traffic accidents and deaths during the Pchum Ben holiday is a sign of things to come and asked citizens again this year to drive safely as they crisscross the country to celebrate the holiday. In a ...
Mom Kunthear
http://www.khmertimeskh.com/news/29891/gov---t--drive-safe--pay-workers/
Aeon Mall to Break Ground in November
Japanese developer Aeon Mall (Cambodia) Co. Ltd. will break ground on a 68,400 square meter high-end shopping mall in Phnom Penh in November, the firm said yesterday. Speaking during an introductory workshop for potential tenants, Kuniaki Minohara, general manager of Aeon’s leasing department, said the mall ...
Secretary-General Says Asean to Delay Start of Economic Union
The plan to create an economic union in the Association of the Southeast Asian Nations (Asean) will likely see a delay of a year, Asean Secretary-General Surin Pitsuwan said at the meeting of the bloc’s energy ministers in Phnom Penh. During the meeting, Mr. Surin said ...
Slowdown in garment exports from Cambodia
The slump in global markets has depressed demand for Cambodian products, leading to reduced growth forecasts by the Asian Development Bank (ADB) for 2012 and 2013. “Falling global demand, especially in Europe and the US, means that the industry sector will grow at a slower pace ...
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=116497
Investment needed to reach rice goal: experts
More investment is needed as well as additional assistance for farmers if the government wants to meet its export goal of 1 million tons of rice a year by 2015, according to experts at a recent rice sector meeting in Phnom Penh. Participants said rice millers would need substantial access ...