Gov’t bonds reduce foreign borrowing
Since the government, through the Ministry of Economy and Finance, started issuing sovereign bonds in September 2022, they have emerged as a new financial instrument, enabling the government to augment domestic revenue, thereby reducing the need to borrow from foreign sources for infrastructure development. ...
May Kunmakara
https://www.phnompenhpost.com/post-in-depth/gov-t-bonds-reduce-foreign-borrowing
ADB highlights post-LDC graduation challenges for Cambodia
Cambodia is on track to graduate from least developed country (LDC) status by 2027, according to a new report by the Asian Development Bank (ADB) that also raises concerns about some of the challenges that lie ahead. ...
Yatt Malai
https://kiripost.com/stories/adb-highlight-post-ldc-graduation-challenges-for-cambodia
Cambodia’s exports to RCEP countries up 16 percent in 4 months
Cambodia earned over $3.36 billion from exports to members of the Regional Comprehensive Economic Partnership (RCEP) in the first four months this year, up 16.2 percent from $2.89 billion recorded in the same period in 2023. ...
Khmer Times Staff
https://www.khmertimeskh.com/501489447/cambodias-exports-to-rcep-countries-up-16-percent-in-4-months/
Environment ministry plans large-scale seedling nursery in Phnom Kulen National Park
The Ministry of Environment has finalised a feasibility study and plans to build a large-scale nursery in Preah Jayavarman-Norodom Phnom Kulen National Park, spanning three hectares, which can produce three million seedlings per year. ...
Phak Seangly
https://www.phnompenhpost.com/national/environment-ministry-plans-large-scale-seedling-nursery-in-phnom-kulen-national-park
Support sought to increase investments from Malaysia
Khuon Sudary, President of the National Assembly on Monday requested the Malaysian ambassador to Cambodia to help boost bilateral cooperation between the two parliaments and boost investment, trade and human resource training. ...
Mom Kunthear
https://www.khmertimeskh.com/501516302/support-sought-to-increase-investments-from-malaysia/
Manet announces agricultural specialists for CLV-DTA communes
Agriculture officials are set to be deployed to all communes in the four Cambodian provinces of the Cambodia-Laos-Vietnam Summit Development Triangle Area (CLV-DTA) to strengthen the agricultural sector. The four provinces are Ratanakkiri, Mondulkiri, Kratie and Stung Treng. ...
Niem Chheng
https://www.phnompenhpost.com/national/manet-announces-agricultural-specialists-for-clv-dta-communes
PM recognises women’s essential role in Cambodia’s growth
With 24 more projects getting the approval for incentives under the ‘Special Investment Promotion Programme for Preah Sihanouk Province’ initiated by Prime Minister Hun Manet in January this year, the total number of projects under the scheme rose to 85. ...
Manoj Mathew
https://www.khmertimeskh.com/501535764/24-more-sihanoukville-projects-get-special-incentives/
Territorial guardians: PM announces policy using citizens to prevent border land encroachments
Following false claims that territory is being ceded as part of the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA) cooperation, Prime Minister Hun Manet announced a significant new border land policy aimed at utilising citizens to protect Cambodia’s land and prevent encroachment, thereby safeguarding territorial integrity. ...
Kandal residents protest new land filling near airport development
Kandal village residents protested on Thursday against the filling in of land near their homes at the $1.5 billion airport development project, with a company official saying they were only filling the homes of three people who had agreed to leave the site. ...
Runn Sreydeth and Khuon Narim
https://cambojanews.com/kandal-residents-protest-new-land-filling-near-airport-development/
U.S. report highlights human rights abuses by Cambodian armed forces
The U.S. Department of State’s 2021 country report on human rights pertaining to Cambodia, released on Tuesday, found that Cambodian government officials continue to violate human rights – notably, by threatening the use of force against political opponents of Prime Minister Hun Sen. ...
Khuon Narim
https://cambojanews.com/u-s-report-highlights-human-rights-abuses-by-cambodian-armed-forces/
Angkor Beer Promoters Protest for More Overtime Pay
Angkor Beer promoters held a protest outside of Cambrew Ltd in Phnom Penh in order to receive more overtime pay on the weekends, following an Arbitration Council order that the company pay each employee $2 more and Angkor Beer’s failure to do so. The 30 ...
Police detain hotel unionists
Police detained two unionists and broke up a protest in Siem Reap province yesterday where workers demanded the owners of the Angkor Village Hotel and Resort respect a court decision ordering them to reinstate 67 workers. On October 26, Siem Reap Municipal Court ruled that the ...
NagaWorld Profits Double to $98 Million
NagaCorp, which owns Phnom Penh’s only licensed casino, announced on Wednesday that net profits at the company had more than doubled in 2011 and that plans are in store to expand its operations in the country. Financial Results filed with the Hong Kong Stock Exchange ...
Police Detain Three Mobile Phone Promoters
Enforcing a new ban against hanging posters and distributing promotional leaflets in Phnom Penh, police detained three Smart Mobile promoters while they were distributing flyers ahead of a music concert Tuesday, a company representative said. Boeng Trabek commune police chief Nheng Samoeun said that he ...
Loran owners resolve dispute, end lawsuits
Disputes between owners at prominent rice miller Loran Import Export Company have been resolved, with Chief Executive Officer Lim Bunheng set to buy the stake held by prominent media personality Soy Sopheap and his associates, company Officials said yesterday. “We have agreed to end all disputes ...
Mekong environment ministers talk on sustainable economic development
Cambodia on July 28th hosted the 3rd Greater Mekong Sub- Region Environment Ministers to look forward to sustainable economic development in the region and to talk about current projects to reduce harm for regions and also to minimize several environmental challenges affecting natural resources, forest and ...
(Khem Sovannara and Chhorng Long Heng, p 7)
http://thesoutheastasiaweekly.com/?p=1289
Japanese Bank and Cambodian MFI Join Forces
Maruhan Japan Bank and Seilanithih microfinance institution announced this month they are forming a business alliance through which they will work together for mutual benefit and to provide banking opportunities for Cambodia “By joining forces with us, Seilanithih will be able to expand the size of ...
Flood challenges still loom
The floodwaters may have receded, but their effects are far from over, with the government, NGOs and international donors saying yesterday they are still assessing the damage as they shift to long-term rehabilitation. Last November, Minister of Economy and Finance Keat Chhon said the government would ...
http://www.phnompenhpost.com/index.php/2012012754194/National-news/flood-challenges-still-loom.html
Bavet Governor Summoned Over Shooting
The Svay Rieng Provincial Court yesterday summoned Bavet city governor Chhuk Bundith for questioning over his alleged role in the shooting of three female garment workers at a special economic zone (SEZ) in the province two weeks ago, court officials said. Human rights groups continued ...
Ambassador Reiterates S China Sea Stance
Chinese Ambassador Pan Guangxue yesterday said that China opposes the contentious issue of the South China Sea being discussed by countries that are not directly involved in the regional maritime dispute. Speaking at a news conference at the Chinese Embassy to discuss Chinese President Hu Jintao’s ...