Company 72 again accused of illegal logging
Ethnic Jarai villagers in Ratanakkiri province have once again accused the Vietnamese owners of a rubber plantation of illegally logging their ancestral forests in a complaint filed with rights group Adhoc. A district official, however, said the plantation owner, Company 72, was granted an extension on ...
Aun Pheap
http://www.cambodiadaily.com/news/company-72-again-accused-of-illegal-logging-55399/
Rubber smuggling threatens industry’s recovery
An illicit cross-border rubber trade is thriving in Cambodia amid plummeting global prices and is threatening legitimate processing operations in the country, according to business owners and industry experts. And while Cambodia’s natural rubber export tariffs are set at between 2 and 10 percent, Vietnam ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/rubber-smuggling-threatens-industrys-recovery-73210/
Carbon credits a tough sell
Despite one success story emerging in the trade of Cambodia-generated carbon credits, immediate prospects for the environmental trading scheme in Kingdom remain few. Securing buyers of carbon credits for Cambodian projects is a well-known difficulty. Pact, however, left the project in July 2013 when the ...
Eddie Morton
http://phnompenhpost.com/business/carbon-credits-tough-sell
Cambodians flock to the net
Internet use in Cambodia grew a staggering 414 per cent since January 2014, but penetration still remains relatively low at 25 per cent, according to a new report from a Singapore-based consultancy firm. The Digital, Social and Mobile in APAC 2015 report, published yesterday by We ...
Ananth Baliga
http://www.phnompenhpost.com/cambodians-flock-net
Sam Heng: Social security must widen to include more workers
As of last year, the National Social Security Fund (NSSF) registered more than 10,000 healthcare enterprises to cover more than 1.7 million workers under occupational risk and healthcare schemes. Minister of Labour and Vocational Training Ith Sam Heng is pushing for the schemes to be implemented ...
Long Kimmarita
https://www.phnompenhpost.com/national/sam-heng-social-security-must-widen-include-more-workers
Students get free e-education app
The Cambodian Union of Youth Federations (CUYF) has teamed up with E-school Cambodia to deliver free of charge online learning for grades 1 to 12 to keep learning on track amid Kingdom-wide school closures. ...
Ry Sochan
https://www.phnompenhpost.com/national/students-get-free-e-education-app
Students get free e-education app
The Cambodian Union of Youth Federations (CUYF) has teamed up with E-school Cambodia to deliver free of charge online learning for grades 1 to 12 to keep learning on track amid Kingdom-wide school closures. ...
Ry Sochan
https://www.phnompenhpost.com/national/students-get-free-e-education-app
Remittances may worsen Kingdom's wealth divide: study
Phnom Penh’s population nearly doubled in the first decade of the 21st century, in large part thanks to workers streaming into the capital in hopes of sending money back home to their families in the provinces.Published in Migration Studies, Dr Laurie Parsons’ Mobile inequality: Remittances ...
Jack Davies
http://www.phnompenhpost.com/national/remittances-may-worsen-kingdoms-wealth-divide-study
Growth in hotel industry
The hotel industry in Cambodia is growing but still sees room for improvements, industry experts said at the Cambodia Hotel General Managers Summit in Phnom Penh yesterday. In terms of revenue and the number of players, the hotel and restaurant industry has an overall growth rate ...
http://www.phnompenhpost.com/index.php/2012101159242/Business/growth-in-hotel-industry.html
MFIs seek regulator’s support
The apex body for the nation’s microfinance industry announced yesterday that the central bank had tentatively agreed to a number of measures it had requested to ease the burden on microfinance lenders following last week’s unilateral decision to cap annual interest rates at 18 percent ...
Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/mfis-seek-regulators-support
Cambodia and two other nations call on Laos to provide effective mitigation measures
Cambodia, Thailand and Viet Nam requested Lao PDR to conduct rigorous transboundary impact assessments and enhance proposed measures to mitigate potential adverse impacts from the 1,460-megawatt Luang Prabang hydropower project, as the Mekong River Commission concluded a six-month prior consultation process for the project. ...
Heng Panha/AKP
https://www.khmertimeskh.com/50740454/cambodia-and-two-other-nations-call-on-laos-to-provide-effective-mitigation-measures/
All clear for construction of 700MW coal plant
A 700 MW coal-fired power plant in Preah Sihanouk province is set to begin construction soon, as authorities announce they have completed an environmental and social impact review. The $1.3 billion project is developed by Cambodia International Investment Development Group Co Ltd (CIIDG), in coordination ...
Thou Vireak
https://www.phnompenhpost.com/business/all-clear-construction-700mw-coal-plant
Prey Veng highest rice-producing province of 2020
Prey Veng province has been the highest rice-producing province in the country thus far this year, a position usually held by Battambang. Minister of Agriculture, Forestry and Fisheries Veng Sakhon said this year, 1.4 million tonnes of rice was cultivated from Prey Veng province, making ...
Som Kanika
https://www.khmertimeskh.com/50739349/prey-veng-highest-rice-producing-province-of-2020/
Koh Rong Sanloem ready to build first solar power station
Work on a new solar power station is set to start next month on Koh Rong Sanloem Island. The 1.25 megawatt (Mw) solar power project that was signed off this year will be constructed as two standalone solar based micro-grids that can provide electricity to ...
Jason Boken
https://www.khmertimeskh.com/50757495/koh-rong-sanloem-ready-to-build-first-solar-power-station/
SEZ operator to fully own construction JV
Stock-listed industrial-park operator Phnom Penh SEZ Plc (PPSP) will acquire the remaining 40 per cent of construction company Sahas E&C Co Ltd’s (Sahas) shares from its joint venture (JV) partner LCH for $1,172,514.82 after approval from the Securities and Exchange Regulator of Cambodia (SERC) on ...
May Kunmakara
https://www.phnompenhpost.com/business/sez-operator-fully-own-construction-jv
7th EAS Congress brings ‘blue’ agenda to Preah Sihanouk
Preah Sihanouk provincial governor Kuoch Chamroeun expects that this year’s 7th East Asian Sea Congress (EAS Congress) – to be held in collaboration with the Ministry of Environment in Sihanoukville on December 1-2 – will provide opportunities for participants to gain knowledge and draw on ...
Voun Dara
https://www.phnompenhpost.com/national/7th-eas-congress-brings-blue-agenda-preah-sihanouk
80% children under psychological stress: Report
About 80% of Cambodian children aged between 12 and 16 are living under psychological stress because of their parents’ debt, according to a report released on the sidelines of International Children’s Day, which falls on every June 1. ...
Torn Vibol
https://www.khmertimeskh.com/501086962/80-children-under-psychological-stress-report/
Cambodia’s public debt at $9.81 billion, says Report
The Royal Government of Cambodia’s total public debt stock is at $9.81 billion consisting of 68 percent from Bilateral Developing Partners (DPs) and 32 percent from Multilateral DPs, according to Cambodia’s Public Debt Situation at the end of Q1 2022. ...
Sok Sithika
https://www.khmertimeskh.com/501094257/cambodias-public-debt-at-9-81-billion-says-report/
$50M ADB loan aims to boost economic diversity
The Asian Development Bank (ADB) on December 6 announced that it has greenlit a $50 million policy-based loan under Subprogram 1 of its Trade and Competitiveness Program to support government efforts to diversify the economy, better enable local businesses to compete globally, and boost Covid-19 ...
May Kunmakara
https://www.phnompenhpost.com/business/50m-adb-loan-aims-boost-economic-diversity
Single Portal entries pass 21K after 222 firms added in a week
A total of 222 companies were successfully registered on the Online Business Registration Platform – also known as the “Single Portal” – in the week from 2pm January 16 to 2pm on the 23rd, bringing the cumulative figure to 21,137, according to the Online Business ...
Hin Pisei
https://www.phnompenhpost.com/business/single-portal-entries-pass-21k-after-222-firms-added-week