Cambodia sees soaring demand for electrical factory machinery
In the first nine months of 2023, Cambodia witnessed a substantial uptick in its imports of electrical machinery, equipment and related products from the international market, totalling more than $1.1 billion. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-sees-soaring-demand-electrical-factory-machinery-0
Hun Many lauds contributions to ‘successful’ Angkor Sangkran
Hun Many, president of the Union of Youth Federations of Cambodia (UYFC), said the three-day Angkor Sangkran event ended successfully, and left smiles on the faces of Cambodians everywhere. ...
Samban Chandara
https://www.phnompenhpost.com/national/hun-many-lauds-contributions-successful-angkor-sangkran
Cambodia, Malaysia team up on capital markets development
The Cambodian and Malaysian securities regulators are joining hands to facilitate better regulatory, supervisory and enforcement cooperation, as well as to develop both ASEAN nations’ securities markets, while factoring in the “growing globalisation and cross-border activities of regulated entities and persons in both countries”, according ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-malaysia-team-capital-markets-development
PM pushes for commercial, labour courts in next five-year mandate
Prime Minister Hun Sen requested that the Ministry of Justice prepare legal frameworks that will expedite the formation of dedicated commercial and labour courts. ...
Van Socheata
https://www.phnompenhpost.com/national/pm-pushes-commercial-labour-courts-next-five-year-mandate
Chinese-owned Kratie tyre plant gets CDC’s nod
Newbustar (Cambodia) Tire Co Ltd, a member of the Chinese state-owned Doublestar Group, is investing some $138 million in a tyre factory in Kratie province’s southeast to tap into the domestic market. ...
May Kunmakara
https://www.phnompenhpost.com/business/chinese-owned-kratie-tyre-plant-gets-cdcs-nod
GDT, GDCE revenues top $1.9B, pass 30% of 2023 goal
The finance ministry’s taxation and customs departments collectively netted $1.908 billion in revenues in the first quarter of 2023, marking just over 30 per cent of the full-year target, official figures show. ...
Hin Pisei
https://www.phnompenhpost.com/business/gdt-gdce-revenues-top-19b-pass-30-2023-goal
Foreign investments up $45.8b in Q1’23 - NBC
Cambodia recorded a nine percent year-on-year growth in foreign direct investment (FDI) at 185.7 trillion riel ($45.8 billion) in the first quarter of 2023, the National Bank of Cambodia (NBC) revealed via Twitter yesterday. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-nbc-foreign-investments-up
Government Amends Anti-Money Laundering Law
The Council of Ministers on Friday approved a draft law amending three articles in the law on anti-money laundering and the financing of terrorism in order to make Cambodia more investment-friendly. Last month, the National Bank of Cambodia’s Financial Intelligence Unit (FIU), law enforcement officials ...
Chinese state firm in talks to take over rail project
With renovation work on the country’s dilapidated railway at a standstill, the Ministry of Public Works has entered into talks with a regional consortium backed by one of the largest firms in China to replace the railway’s current operator, officials said yesterday. Faced with a ...
COVID-19 legislative response in Cambodia
The COVID-19 pandemic has brought significant levels of pressure on many governments, requiring them to implement new regulations and policies to reduce the spread of the virus. In Cambodia, the socioeconomic challenges posed by the pandemic mainly come from the reduction of commercial operations at ...
Ban on Thesis Topics Needed, Scholars Say
Academics at the Royal University of Law and Economics defended banning thesis topics for fourth-year students, arguing that subjects such as illegal drug use and land disputes are written about too often at the school. In a Feb. 2 letter posted online and signed by the ...
responsAbility Invests $13.5m in Microfinance Institutions (MFIs) VisionFund Cambodia, Equity Bank of Kenya
responsAbility Social Investments AG, a Swiss for-profit company that operates four microfinance investment vehicles (MIVs), recently reported to MicroCapital that it has invested USD 13.5 million in microfinance institutions (MFIs) Equity Bank of Kenya and VisionFund Cambodia. The investments have been made through three MIVs: ...
Success story of data literacy training program: ROEUN Narith
Many of the data transparency training participants have been using data in one way or another in their day-to-day work. They sign-up for the program to improve their ability to use data as a means of storytelling to a new level. Roeun Narith is the ...
Chinese Firm Joins Crowded Telecom Market
Mobile firm CooTel, a subsidiary of a large Chinese telecommunications corporation, is making plans to enter Cambodia’s oversaturated mobile phone market, officials said. The Ministry of Posts and Telecommunications granted CooTel’s parent company, Xinwei (Cambodia) Telecom Co. Ltd., an operating license in August 2011 and the ...
http://www.cambodiadaily.com/business/chinese-firm-joins-crowded-telecom-market-35465/
រដ្ឋាភិបាល
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PM appeals for the end of lax standards
While offering no concrete solutions to the issue, Prime Minister Hun Sen yesterday appealed for graduating engineers to be aware of generally lax building standards that could have a long-term impact on public safety. Much of Cambodia’s infrastructure was redeveloped after the civil war, and ...
May Titthara
http://phnompenhpost.com/national/pm-appeals-end-lax-standards
Angkor revenue up, tourists amount down
According to a new report by the Ministry of Tourism published yesterday, revenue from ticket sales to the Angkor Archeological Park reached $39.48 million in the first quarter of 2018, 28 percent higher than the corresponding period last year. Ministry data showed 854,584 tourists visited the ...
Sum Manet
http://www.khmertimeskh.com/50269499/angkor-revenue-up-tourists-amount-down/
Best tourism communities to be chosen in new contest
The Ministry of Tourism recently announced a new contest to find the best community-based tourism sites in the Kingdom and has called on villages and communities around the country to submit their application. ...
Chea Vannak
https://www.khmertimeskh.com/50492441/best-tourism-communities-to-be-chosen-in-new-contest/
Koh Trong pomelo gets GI recognition
The pomelo grown in Kratie’s Koh Trong commune is now the third Cambodian product to obtain Geographical Indication (GI) status, following in the footsteps of Kampot pepper and Kampong Speu’s palm sugar. ...
Sok Chan
https://www.khmertimeskh.com/50504798/koh-trong-pomelo-gets-gi-recognition/
Chinese visitors to the Kingdom spike
During the first four months of the year, Cambodia welcomed more than 647,000 Chinese visitors, an increase of more than 79 percent, according to the Cambodian Tourism Minister. ...
Sum Manet
https://www.khmertimeskh.com/50507277/chinese-visitors-to-the-kingdom-spike/