Street vendors continue to struggle to survive
While Cambodia’s economy and borders have now been open for two years following the Covid-19 pandemic, many small businesses continue to face financial hardships amid a global economic slowdown. ...
Yatt Malai
https://kiripost.com/stories/cambodia-phnom-penh-street-vendors-struggle-to-survive
Pricey petrol punishes poor
Petrol prices have jumped by 150 riel (US$0.03) a litre, much to the dismay of Cambodia’s poor, as NGOs appealed to the government to take action. Rong Chhun, president of the Cambodian Confederation of Unions (CCU), issued a letter dated August 16 appealing to Prime Minister Hun ...
http://www.phnompenhpost.com/index.php/2012082058157/Business/pricey-petrol-punishes-poor.html
Inflation fuels protest over petrol prices
More than 200 factory workers gathered at Freedom Park near Wat Phnom yesterday to urge the government to cut taxes on petrol, saying fuel prices were driving food prices beyond what they could afford. But the government is doing all it can to curb inflation ...
Garment Exports Grow 15% in First Quarter
Garment and footwear exports from Cambodia increased 15.29 percent to $1.29 billion in the first three months of the year compared to the same period in 2011, according to figures released yesterday by the Ministry of Commerce. While exports to the European Union rose 46.76 percent to $376.14 million in ...
Cambodia-U.S. bilateral trade up 2 pct
Trade between Cambodia and the United States was valued at 2.55 billion U.S. dollars in the first ten months of 2013, up 2 percent from 2.49 billion U.S. dollars over the same period last year, the figures of the U.S. Department of Commerce showed Friday. Cambodia’s ...
The Global Post
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131206/cambodia-us-bilateral-trade-2-pct
Report sees increasing foreign investment in industrial sector
The latest CBRE Cambodia Market View on the industrial market is upbeat about investment in the Kingdom, despite frequently touted political risks. “Cambodia remains an attractive destination for industrial work and operations, with low inflation rates of 2.9 per cent and comparatively low minimum wages,” says ...
Post Staff
http://www.phnompenhpost.com/real-estate/report-sees-increasing-foreign-investment-industrial-sector
Cambodian PM says gov't has no rights to control judiciary
Cambodian Prime Minister Hun Sen said Thursday that he and his government have no rights to order the courts to arrest or release any suspects who have committed crimes. “I and the government have no rights to order the judiciary, the court to arrest anyone based ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-11/20/c_133803048.htm
Unions wary of energy plan
Some labour unions are suggesting reforms to state energy provider Electricite du Cambodge’s (EdC) plan to grant energy discounts to garment workers in Phnom Penh, saying yesterday that the current arrangement is “too complex to implement”. According to the new plan, workers are entitled to ...
Sarah Taguiam and Pech Sotheary
http://www.phnompenhpost.com/national/unions-wary-energy-plan
US stance a ‘positive move in building trust and confidence’
Comments made by US Ambassador to Cambodia, Patrick Murphy, that his country is not pursuing regime change in the Kingdom is an “important message” for efforts to restore relationships between the two nations. ...
Ben Sokhean
https://www.khmertimeskh.com/50698241/us-stance-a-positive-move-in-building-trust-and-confidence
Officials worry over tiny rise in rice exports
Cambodian milled rice exports grew by only 0.52 per cent in the first 10 months of the year, compared to the same period last year, according to new figures from the government. Officials have expressed concern over Cambodia’s ability to reach its export target of ...
Geopacific Resources could have unearthed major gold copper system in Cambodia
Geopacific Resources’ (ASX: GPR) may have discovered a major gold and copper system from drilling in Cambodia which on the results could yet get bigger. Standout results from preliminary gold assays from follow-up RC drilling at the 150 Prospect have extended the strike length of high ...
Proactive Investors News Staff
http://www.proactiveinvestors.com.au/companies/news/54565/geopacific-resources-could-have-unearthed-major-gold-copper-system-in-cambodia-54565.html
80MW wind farm project in Kampot hits EdC price snag
French-owned The Blue Circle’s 80MW wind power investment project in Kampot province has hit an impasse, as its proposed $0.068 per kWh tariff rate for the national grid exceeds what state-run energy supplier Electricite du Cambodge (EdC) is willing to pay, according to a Ministry ...
Hin Pisei
https://www.phnompenhpost.com/business/80mw-wind-farm-project-kampot-hits-edc-price-snag
Cambodia’s FDI surges 11.2% to $41B in 2021
Foreign direct investment (FDI) inflows in Cambodia between mid-1994 and end-2021 amounted to 168.8 trillion riel ($41.0 billion), rising by 11.2 per cent from the end of 2020, with the Greater China area remaining the Kingdom’s top source market, according to a new report. ...
Hom Phanet
https://www.phnompenhpost.com/business/cambodias-fdi-surges-112-41b-2021
Kingdom inks over $1.2B of concessional loans in Q1-3
Cambodia signed almost $1.22 billion worth of new concessional loans with development partners (DP) in the first nine months of this year – just shy of a four-fold increase from $0.31 billion in the same time last year – of which bilateral DPs accounted for ...
Hin Pisei
https://www.phnompenhpost.com/business/kingdom-inks-over-12b-concessional-loans-q1-3
ISF Cambodia, the organization dedicated to ending child poverty
Children make up nearly 35% of Cambodia’s population, and 48.7% of these children (ages 0-17) live in multidimensional poverty. Children have the right to an education, but many schools in Cambodia are structurally and hygienically inadequate. ...
Khmer Times Staff
https://www.khmertimeskh.com/501386808/isf-cambodia-the-organization-dedicated-to-ending-child-poverty/
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
Water Supply Stock Falls Back to Initial Value
The share price of the Phnom Penh Water Supply Authority (PPWSA), the only stock so far to trade on Cambodia’s recently launched bourse, fell yesterday to the lowest price since its first day of trading nearly three months ago. At the day’s close, stock in PPWSA ...
Cambodia's trade with U.S. up 2% in first half of 2013
Bilateral trade between Cambodia and the United States has amounted to 1.44 billion U.S. dollars in the first six months of the year, up 2 percent compared with 1.41 billion U.S. dollars over the same period last year, the figures of the U.S. Department of ...
http://news.xinhuanet.com/english/business/2013-08/07/c_132610051.htm
Ibis Rice exports on horizon
The Wildlife Conservation Society (WCS) says its Ibis Rice project has recorded a production surplus for the first time in its five-year history, prompting a bid to export the boutique product overseas. Concentrated in Preah Vihear province, Ibis Rice farmers produced more than 435 tonnes of ...
Eddie Morton
http://www.phnompenhpost.com/national/ibis-rice-exports-horizon
Jan-Apr rubbers exports bounce up 38%: GDCE
Cambodia earned $206.728 million from the export of “rubber and articles thereof” in the first four months of 2023, up 38.0 per cent year-on-year from $149.808 million and up 22.7 per cent half-on-half (compared to July-October 2022) from $168.5 million, according to provisional Customs (GDCE) ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-apr-rubbers-exports-bounce-38-gdce