Inflation rates driven by increases in food prices
The Kingdom’s consumer price index tracked a 1.4 percent increase in May over April, according to National Institute of Statistics’ latest figures. Prices at the end of May were 6.5 percent higher than the same date the year previous, the figures show. Experts said Cambodia’s ...
Coal outgrows hydropower
As Cambodia’s demand for electricity grows and domestic energy production increases, new data released from the Ministry of Mines and Energy yesterday show that coal-fired energy generation surpassed hydroelectricity for the first time last year. ...
Kali Kotoski
http://www.phnompenhpost.com/business/coal-outgrows-hydropower
New study reveals ancient site treasures
Experts have discovered more than 120 archaeological sites and three ancient locations in the Royal Academy of Cambodia Techo Sen Russey Trep Park in Preah Vihear province. ...
Pech Sotheary
https://www.khmertimeskh.com/50507846/new-study-reveals-ancient-site-treasures/
Teachers push ministry over nixed scholarship
More than 400 teachers who took part in an eight-month teaching course at the National Institute of Education (NIE) are demanding the government pay them scholarship funds that were initially promised only to be later axed over cost concerns. In a petition sent yesterday to the ...
Sen David and Sarah Taguiam
http://www.phnompenhpost.com/teachers-push-ministry-over-nixed-scholarship
Cambodia Lacks Research Enough To Tackle Its Problems, Analysts Say
Not enough priority is given to research in Cambodia, threatening its long term development, economists and other experts say. Larry Strange, executive director of the Cambodian Development Research Institute, says the country cannot plan for major reform, build its economy, or reduce poverty without proper analysis ...
Cambodia, Laos begin troop withdrawal from disputed area
Cambodia and Laos have begun to withdraw troops from disputed territory in Preah Vihear province after senior military officials from both sides conducted negotiations. Senior military officers Lieutenant General Srey Doek and Major General Duang Chan recently negotiated with Major General Soukai Phommasone, Laos’ Champassak provincial ...
Ben Sokhean
https://www.khmertimeskh.com/50639362/cambodia-laos-begin-troop-withdrawal-from-disputed-area/
More than 50 villagers seek intervention in land disputes
More than 50 people involved in land disputes in Tbong Khmum and Svay Rieng provinces gathered on Wednesday to submit a petition at the ministries of Justice; Interior; and Agriculture, Forestry and Fisheries, requesting a solution. Khiev Sarun, a representative from Svay Rieng province, told ...
Long Kimmarita
https://www.phnompenhpost.com/national/more-50-villagers-seek-intervention-land-disputes
Singapore-invested 100sq km agriculture hub launched in northern Kampong Speu
HLH Agriculture (Cambodia) Co Ltd, a subsidiary of Singapore’s Hong Lai Huat Group Ltd, has announced the inauguration of the mixed-use Cambodia-Singapore Agricultural Hub (CSAH) in northwestern Kampong Speu province, as well as the signing of a memorandum of understanding (MoU) with the Singapore Manufacturing ...
New initiatives in Cambodia revolutionise payment options for tourists
Cambodia is set to expand its payment options for tourists by implementing blockchain-based central bank digital currency (CBDC) partnerships. This move is part of the country’s strategy to modernize its tourism sector, recognizing the significant role it plays in the Cambodian economy. ...
Khmer Times Staff
https://www.khmertimeskh.com/501405449/new-initiatives-in-cambodia-revolutionise-payment-options-for-tourists/
Report: MFI loans force land sales, increase in child labour
A report from local human rights NGOs Licadho and Sahmakum Teang Tnaut (STT) claimed that the increasing levels of debt caused by taking loans from microfinance institutions (MFIs) is forcing rural families to sell off land. The study also claimed that the sharp rise in debt ...
Thou Vireak
https://www.phnompenhpost.com/business/report-mfi-loans-force-land-sales-increase-child-labour
STI key to driving Cambodia’s bid for higher income status
The advancement of Science, Technology, and Innovation is instrumental in propelling Cambodia towards its goal of becoming a high-level middle-income country by 2030 and a high-income country by 2050. ...
Ben Sokhean
https://www.khmertimeskh.com/501466738/sti-key-to-driving-cambodias-bid-for-higher-income-status/
Tractor tax abolished, but farmers still stuck in a rut
Prime Minister Hun Sen’s announcement on Facebook yesterday that the annual tax on vehicles used by limited-income families, including tractors, would be abolished was met with indifference by small-scale farmers, who said high interest rates on loan were a concern, not the negligible tax assessed ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/tractor-tax-abolished-farmers-still-stuck-rut
Japan to provide Cambodia with nearly 34 mln USD grant aid
Cambodia will sign to receive 33.9 million U.S. dollars in grant aid from Japan for three projects in small hydropower dams, healthcare and education, according to a news release from Cambodia’s foreign ministry on Monday. ...
Cambodia’s largest MFI boosts green farming loans
Cambodian microfinance institution PRASAC says it is bolstering its green credentials by increasing loans for eco-friendly farming methods in the kingdom. President and CEO of PRASAC, said the institution is “committed to providing and developing more green financing to the rural people for their livelihood ...
Remittance Contributes Social And Economic Development
Cambodia, as one of the least developed countries and one of the poorest in the Greater Mekong Subregion, is an active participant in migration within the country, within the region and between the subregion and other regions. According to National Institute of Statistics in 2008, 26.52 percent of the Cambodian population ...
Deadly rabies virus gets overdue attention
It kills more Cambodians every year than malaria. More than dengue fever. It’s 100 percent preventable, but very little has been done to eradicate it. This year, Cambodia is finally taking on rabies—a killer virus most often transmitted to people through the saliva of biting dogs. A ...
Chhorn Phearun and Michael Dickison
https://www.cambodiadaily.com/news/deadly-rabies-virus-gets-overdue-attention-119414/
NBC: E-wallet accounts in Cambodia hit 17.9M in 2022
The number of e-wallet accounts in the Kingdom reached 17.9 million at end-December amid an acceleration in electronic payment volumes driven in part by Covid-19 anxiety, reflecting gradual fintech (financial technology) development towards achieving the government’s digital economy objectives. ...
May Kunmakara
https://www.phnompenhpost.com/business/nbc-e-wallet-accounts-cambodia-hit-179m-2022
Casino expansion next to Buddhist Institute irks some
Phnom Penh recently saw the destruction of a portion of the Buddhist Institute to make way for the expansion of a casino. Political analyst Lao Mong Hay told “Hello VOA” last week that this kind of development demonstrates an “imbalance” between public and private institutions. The ...
Sophat Soeung
http://www.voacambodia.com/content/cambodia-casino-expansion-next-to-buddhist-institute-irks-some/1933071.html
Cambodia, Laos, VN officials meet
The technical commissions of the National Assemblies of Cambodia, Vietnam and Laos met on Tuesday in Phnom Penh to discuss strengthening the development of information exchange and finding solutions to cross-border crime and security issues. ...
Mech Dara
https://www.phnompenhpost.com/national/cambodia-laos-vn-officials-meet
Interior Ministry Tightens Security After Telecom Crimes
The Ministry of Interior, jointly with the Ministry of Telecommunications has issued an inter-ministerial directive that requires telecom service providers to strictly check the identity information of their subscribers and users to take part in eliminating telecommunication crimes after the criminals used this high technology to kidnap and committed the serious crimes and difficulties of seeking ...