World Bank backs Cambodia’s long-term economic vision
Amid regional and global economic uncertainties, the World Bank is set to approve the Country Partnership Framework (CPF) 2025-2029 to support the Royal Government of Cambodia (RGC) in achieving its long-term vision of becoming a middle-income country by 2030 and a high-income country by 2050. ...
Nhean Chamrong
https://www.khmertimeskh.com/501572157/world-bank-backs-cambodias-long-term-economic-vision/
Cambodia’s trade with Vietnam rises nearly 25%
Neighbouring Vietnam has consolidated its position as the second biggest trade partner of Cambodia after China with trade volume between the two rising by 24.5 percent to reach $2.32 billion in the first three months of this year (Q1, 2024), compared to the same period ...
Manoj Mathew
https://www.khmertimeskh.com/501474739/cambodias-trade-with-vietnam-rises-nearly-25/
USAID lauds Cambodia’s 20-year effort in combatting TB
During her visit to Cambodia, Samantha Power,the Administrator of the United States Agency for International Development (USAID) said that in the past 20 years, Cambodia has cut the rate of tuberculosis in this country by almost half, and is no longer on the World Health ...
Sen David
http://Tuber
Japanese IT giants to lay 5G network expansion in Cambodia
In a significant move towards advancing telecommunications in Cambodia, Japanese giants NTT Docomo and Nippon Electric Company (NEE) have initiated a groundbreaking partnership to establish a wireless network in the Southeast Asian nation, laying the groundwork for future 5G implementation, according to a story published ...
Jerome Misa
https://www.khmertimeskh.com/501580937/japanese-it-giants-to-lay-5g-network-expansion-in-cambodia/
Government officials at odds over debt levels
Government officials are at odds over how much Cambodia’s national debt amounts to. On Wednesday, Prime Minister Hun Sen said Cambodia’s debt stands at just $2 billion, contradicting information provided by CPP lawmaker Cheam Yeap last week that the number is actually $7 billion, or 63 ...
Minorities Seek Land Dispute March Approval
Local human rights group Adhoc has requested provincial approval to stage a large-scale march later this month involving hundreds of indigenous minorities embroiled in a land dispute in Ratanakiri province. The demonstration is being organized to bring attention to what minority villagers claim is judicial ...
No Investigation of OZ Minerals Deal, Police Say
The Australian Federal Police (AFP) have decided not to investigate the Australian mining company OZ Minerals, saying information that the firm paid hundreds of thousands of dollars to family members of officials in the Ministry of Industry, Mines and Energy (Mime) when buying out its ...
Imports Fill the Gap as Domestic Silk Production Dwindles
Cambodia is importing hundreds of tons of silk from China and Vietnam to compensate for a fast-declining domestic industry, which is suffering due to producers opting to grow other crops instead or raising silk worms, according to silk producers. Men Sinoeun, director of the Artisans’ Association ...
Sotheby’s Gets Stay on Khmer Statue Confiscation
The future of a 1,000-year-old Khmer statue—which Sotheby’s auction house in New York was ordered by the US government on Wednesday to hand back to Cambodia—is now in the hands of the US courts. The statue of the guardian Duryodhana is believed to have come from ...
Railway compliance complaint sent to ADB
Families have fallen into poverty and children have dropped out of school due to deficiencies in the Asian Development Bank’s rehabilitation of Cambodia’s railway system, according to a complaint filed to the bank’s compliance review department. According to David Pred, managing associate for NGO Inclusive Development International, ...
Mondolkiri Minority Villagers Divided Over Land Titles
Ethnic Bunong villagers in Mondolkiri province’s Pech Chreada district are bitterly divided over how best to protect their ancestral land amid efforts by authorities to map it in preparation for property titles. Bosra commune chief Yoeth Sarin said that since student volunteers-deployed across the country as ...
Worker relieved of factory job
The dismissal of a worker allegedly fired by Xin Lan (Cambodia) garment factory in Kandal province’s Ang Snuol district for frequently relieving himself on the factory’s perimeter fence has sparked a mass strike of about 1,000 fellow workers – almost all of the factory’s staff. Nov ...
Longan farmers in Pailin plan factory
A co-operative of longan farmers in Pailin plans to build a processing factory to increase export capacity as output and demand rise. Meas Loeurn, the co-operative’s leader, told the Post on Wednesday rising demand from China was prompting growing numbers of farmers to cultivate the fruit. “During ...
http://www.phnompenhpost.com/2013020861252/Business/longan-farmers-in-pailin-plan-factory.html
Kratie vendors protest pricey relocation site
In an effort to improve Kratie town’s aesthetics, authorities have ordered about 300 shop owners on central roads and along the river bank to relocate their operations or face physical removal. Vendors were given until today to move to a location about a kilometre away, but ...
Investment Needed to Reach Rice Export Target
Cambodia exported just 78,000 tons of milled rice through the first eight months of 2012, and if the government is to reach its target of exporting 1 million tons each year by 2015 the agriculture sector needs more access to financing, participants at the Cambodian ...
Chinese tourist numbers high
Foreign tourists visiting Cambodia increased more than 24 per cent for the first eight months of the year compared to the same period last year, while tourism officials expected Chinese visitors could be ranked number two in the Cambodian tourism market in the future. According to ...
http://www.phnompenhpost.com/index.php/2012100459105/Business/chinese-tourist-numbers-high.html
Cambodian PM vows to bring greater prosperity to his people
Cambodian Prime Minister Hun Sen said he had set a vision that his country will be among countries with upper middle income by the year of 2030. He said Cambodia has laid out strategies and action plans to achieve an annual economic growth of 6-7 ...
http://www.chinadaily.com.cn/business/boao2013/2013-04/04/content_16376913.htm
Full text of China-Cambodia joint press communique
The following is the full text of the joint press communique between China and Cambodia issued on Tuesday during the official visit by Prime Minister Samdech Akka Moha Sena Pedei Techo Hun Sen of the Kingdom of Cambodia to China: Joint Press Communique Between the People’s ...
Group Lease boosts Singapore unit to fund Cambodia operation
Group Lease has decided to raise the capital of its wholly owned Singaporean subsidiary Group Lease Holdings to serve as the main funding source for its Cambodian motorcycle leasing operations after six months of satisfactory trial operations there. Cambodia, which is managed by Group Lease’s ...
Mfone workers paid, a little
After months of protests, more than 1,000 former Mfone employees yesterday received just 10 per cent of the $4.4 million they were demanding in compensation after the telecom company filed for bankruptcy in January. Court-appointed administrator Ouk Ry, entrusted with the sale of Mfone’s assets, ...
http://www.phnompenhpost.com/business/mfone-workers-paid-little