Insurance gross premium grows 8% to $88 million in Q2
Cambodia’s insurance sector continued to expand, but at a slower pace, with total premium reaching $87.6 million in the April-June period of this year. ...
Chea Vanyuth
https://www.khmertimeskh.com/501544106/insurance-gross-premium-grows-8-to-88-million-in-q2/
Cambodia launches $27 mil EU funded project to boost cashew, pepper industries
Cambodia launched a $27 million project on Thursday to enhance the sustainability, export, competitiveness, and inclusiveness of the Kingdom’s cashew nut and pepper industries, according to a joint press release. ...
Khmer Times Staff
https://www.khmertimeskh.com/501554310/cambodia-launches-27-mil-eu-funded-project-to-boost-cashew-pepper-industries/
IFC invests over $438 million in Cambodia’s financial sector
International Finance Corporation (IFC) – a financial institution that promotes private-sector development in the least developed countries (LDCs) – has increased its investment from $167.5 million to $438.5 million into the Kingdom’s financial sector, a rise of 260 percent over the past five years. ...
Nhean Chamrong
https://www.khmertimeskh.com/501551175/ifc-invests-over-438-million-in-cambodias-financial-sector/
EMM-6 meeting focuses on environs protection strategies
The four-day 6th Greater Mekong Sub Region Environment Ministers’ Meeting (EMM-6) kicked off in Phnom Penh, where China and Greater Mekong Subregion (GMS) countries are discussing progress in environmental quality management and financing of low-carbon and climate-resilient infrastructure and technologies. ...
Ben Sokhean
https://www.khmertimeskh.com/501556756/emm-6-meeting-focuses-on-environs-protection-strategies/
Authorities identify land grabbers in Battambang
Battambang provincial authorities have identified individuals who encroached on Samlaut Multiple Use Area (formerly known as Samlot protected area) in O’Tatoeng village, Samlot commune, in Battambang province. Provincial Department of Environment director Kort Boran told The Post on Monday that his enforcement team removed more ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/authorities-identify-land-grabbers-battambang
Mine, UXO casualties up 40 percent
The Cambodian Mine Action Authority has reported that casualties increased this year by more than 40 percent when compared with the same period last year. A CMAA report obtained yesterday showed there were 71 casualties from January to October due to landmine and unexploded ordnance ...
Mom Kunthear
https://www.khmertimeskh.com/50668223/mine-uxo-casualties-up-40-percent/
Bamboo crafts furnish an income
Prior to 2009, Kong Channa, a rice farmer from Svay Rieng province, would leave his wife and young child for months at a time in neighbouring provinces to supplement his income in the off season. This all changed, though, when he began working with the Cambodian ...
RCAF Asked to Reassure Public After Coup Warnings
Civil society groups and the opposition on Wednesday called on the military to issue a statement repudiating claims made by the owner of a popular radio station that the military would remove the opposition from office if it wins Sunday’s national election. The calls came after ...
http://www.cambodiadaily.com/elections/rcaf-asked-to-reassure-public-after-coup-warnings-36616/
Ministry forecasts ‘favourable’ dry, early rainy season weather
The Ministry of Water Resources and Meteorology has issued a weather forecast for this year, which shows that the dry and early rainy season will be more favourable than in previous years due to the influence of El Nino/Southern Oscillation (Enso). On Monday, its minister Lim ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/ministry-forecasts-favourable-dry-early-rainy-season-weather
Has Cambodia’s economic boom imploded?
Cambodia’s economic rise starkly contrasts the political chaos that reached a climax in November 2017 with the dissolution of the Cambodia National Rescue Party — the country’s only major opposition party — and the detention of its leader, Kem Sokha. Prime Minister Hun Sen has ...
Heidi Dahles
http://www.eastasiaforum.org/2018/01/16/has-cambodias-economic-boom-imploded/
Mekong river monitoring network improvement receives French support
The French Government today granted EUR 1.5 million to the Mekong River Commission (MRC) to improve and expand its river monitoring network for better river monitoring and management of water infrastructure project operations along the mainstream and key tributaries of the Mekong. ...
Khmer Times Staff
https://www.khmertimeskh.com/50858213/mekong-river-monitoring-network-improvement-receives-french-support/
Press release: Children and youth advocate for child rights and climate actions on World Children's Day in Cambodia
On 17 November 2023, UNICEF issued a press release on children and youth advocate for child rights and climate actions on World Children’s Day in Cambodia.Children, youth people, authorities, celebrities, civil society organizations, and development partners from all sectors in Cambodia come together to begin ...
UNICEF
Even stronger ties: Cambodia and Vietnam pledge to enhance cooperation for mutual benefit
Vietnam’s President and the Cambodian Government have reaffirmed their commitment to strengthening bilateral relations and cooperation, driven by a shared cultural heritage and principles of good neighbourliness. Both sides aim to expand and deepen their partnership for the betterment of their peoples and nations. ...
Soth Koemsoeun
https://www.khmertimeskh.com/501522664/even-stronger-ties-cambodia-and-vietnam-pledge-to-enhance-cooperation-for-mutual-benefit/
Japanese firm plans Cambodian fund for later this year
Japanese fund manager Asset Design plans to launch a Cambodian equities fund in late 2011. The fund would target large returns after the Kingdom opened its stock exchange this month, an Asset Design executive said yesterday. Asset Design expected the scale of the fund to ...
Vendors face eviction to beautify beach
In May Cambodia became a member of the World’s Most Beautiful Beach Club and as a result Koh Kong provincial authorities are not renewing leasing for beachfront stores and evicting those who work there. The leases are said to have expired two months ago, and ...
Kuwait-India JV to explore for gold, iron in Cambodia
Kuwait’s Pima International Co and D&D Pattnaik Group of India have jointly established Pima D&D International Co to explore for gold and iron in Cambodia The firm plans to invest between US$10 million and $15 million in gold and iron exploration in Kampong Chhnang, Kratie and ...
Nonperforming microloans swell due to floods
Total outstanding loans in the microfinance sector reached $815.47 million in the third quarter, a 25.8 percent rise compared to beginning of the year, according to data released yesterday by the Cambodia Microfinance Association (CMA) Despite growth in the sector, microfinance institutions said nonperforming loans were ...
Seoul looks abroad for farmland
The South Korean government is looking to procure farmland aboard, approximately 380,000 hectares by the year 2018. The government is providing assistance to companies that lease arable land or buy stakes in overseas operations and are looking for such potential in Cambodia as well as ...
June Textile to pay workers
June Textile Factory will compensation the more than 4,000 workers in accordance with an Arbitration Council ruling, granting the workers severance pay after the Phnom Penh factory burned down. According to Albert Teoh, administration director of June Textile Factory, all workers would receive the full ...
http://www.phnompenhpost.com/index.php/2011072550603/National-news/june-textile-to-pay-workers.html
Protest planned despite warning
Kulan district villagers embroiled in a land dispute in Preah Vihear’s Srayong commune say they will follow through with a planned 200-person protest against rubber firm Siladamich Company today despite being threatened with arrest. Village representative Lem Lom, 32, said yesterday that Srayong commune police and ...