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CPP sets goals for this year

The Cambodian People’s Party (CPP) on Saturday held its 42nd congress at the Koh Pich Convention and Exhibition Centre in the capital to review its achievements for last year and set this year’s targets. Presided by Prime Minister Hun Sen, who is also CPP president, ...

Mech Dara
https://www.phnompenhpost.com/national-politics/cpp-sets-goals-year

Five new solar farms to be connected to the national grid

Solar farms across five provinces are being launched this year, according to the Ministry of Mine and Energy. In its annual report, the ministry stated five solar parks are having their construction works accelerated so they can be connected to the national grid as soon ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50692029/five-new-solar-farms-to-be-connected-to-the-national-grid

Electricity investment exceeds $6B

The government attracted more than $6 billion in electricity investment between 2006 and the end of last year. This is in response to rising electricity demands and is in line with government goals to reduce its cost for both commercial and residential users. ...

Thou Vireak
https://www.phnompenhpost.com/business/electricity-investment-exceeds-6b

Regional appeal courts set in motion

King Norodom Sihamoni has issued a royal decree ordering the opening of three regional appeal courts in Preah Sihanouk, Battambang and Tbong Khmum provinces.   ...

Voun Dara
https://www.phnompenhpost.com/national/regional-appeal-courts-set-motion

Hun Sen celebrates women's rights

On the occasion of the 109th International Women’s Day, Prime Minister Hun Sen called for more women in leadership positions, better law enforcement to speed up the trials involving them, and improved education for their next generation in the Kingdom. ...

Voun Dara
https://www.phnompenhpost.com/national/hun-sen-celebrates-womens-rights

PM restricts citizens from travelling to COVID-19 worst-hit countries

Prime Minister Hun Sen yesterday restricted citizens from travelling to the United States, Iran and parts of Europe over COVID-19 fears. “Citizens must not travel to Europe, the US and Iran unless going abroad is​ mandatory,” he said. ...

Khuon Narim
https://www.khmertimeskh.com/50702467/pm-restricts-citizens-from-travelling-to-covid-19-worst-hit-countries/

‘Logging rampant despite pandemic’

Forest activists claimed they had observed more cases of deforestation in the Prey Lang area than before the Covid-19 outbreak. They alleged that three companies had sent workers to log and transport timber with no crackdown by the relevant authorities. ...

Khorn Savi
https://www.phnompenhpost.com/national/logging-rampant-despite-pandemic

Bikes, timber pieces seized in Mondulkiri, Ratanakkiri

Three purpose-fitted motorbikes used to carry processed wood and 12 illegal timber pieces of koki and sokrom luxury wood were seized by the Royal Gendarmerie in O’Yadav district, in Ratanakkiri province, and police in Mondulkiri’s Keo Seima district, for further legal action, said the provincial ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/bikes-timber-pieces-seized-mondulkiri-ratanakkiri

Cambodia gets $1.6M for Covid-19 response from German gov’t

In light of Cambodia confirming 91 Covid-19 cases, Germany announced on Tuesday that it will provide €1.5 million ($1,618,000) to help support the Covid-19 Emergency Response Plan in the Kingdom. ...

Ry Sochan
https://www.phnompenhpost.com/national/cambodia-gets-16m-covid-19-response-german-govt

Hun Sen aims to attract more Japanese money

Japan’s Sumi Wiring Systems Co Ltd launched production of automobile wiring this month, a company official said yesterday. Japanese companies such as Sumi and Minebea, a ball-bearings maker, have helped Cambodia’s manufacturing industry diversify away from garments, the country’s main manufacturing product and export, and Prime Minister Hun Sen ...

http://www.phnompenhpost.com/index.php/2012042455725/Business/hun-sen-aims-to-attract-more-japanese-money.html

Cambodia's small firms to gain better access to bank financing

The Asian Development Bank (ADB) today signed a $75 million senior loan with Cambodia’s largest bank, ACLEDA Bank Plc, to address the rising financing requirements of micro-, small-, and medium-sized enterprises (MSMEs) in the country. ...

Asian Development Bank (ADB)

Download: pdf

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

Inditex, H&M agree to pay more for clothes from Cambodia

Fashion brands, including Europe’s biggest clothing retailer Inditex SA (ITX) and Hennes & Mauritz AB (HMB), said they are willing to pay more for clothes made in Cambodia, backing a trade union campaign for higher wages. The chains are among eight clothing retailers that include Next Plc (NXT) and Primark that have ...

Gabi Thesing
http://www.bloomberg.com/news/2014-09-19/inditex-h-m-agree-to-pay-more-for-clothes-from-cambodia.html

Follow-up IPOs still on track

Sihanoukville Autonomous Port, one of two state-owned companies slated to list on the Cambodia Securities Exchange this year, yesterday called the price decline in the country’s first publicly traded company worrisome. The eight-day slide in price that neared Phnom Penh Water Supply Authority’s initial public offering ...

http://www.phnompenhpost.com/index.php/2012050956046/Business/follow-up-ipos-still-on-track.html

Victor in Illinois is first Cambodian-American woman elected to US public office

When Khemarey Khoeun is sworn in as a park district commissioner in Skokie, Illinois, on May 16, she’ll be making history as the first Cambodian-American woman elected to public office at any level of government in the United States. ...

Ten Soksreinith
http://www.voacambodia.com/a/victor-illinois-first-cambodian-american-woman-elected-united-states/3845887.html

Future bourse potential touted

The lacklustre performance of Cambodia’s stock exchange, which has attracted only four companies since it launched in 2011 and whose stocks see days without a single trade, is expected to turn a corner soon, capital markets experts said during a panel discussion yesterday. ...

Kali Kotoski
http://www.phnompenhpost.com/business/future-bourse-potential-touted

Peacekeeper killed in Central African Republic

Cambodians at home and abroad yesterday mourned the passing of peacekeeper Im Sam, who was shot to death during a guerrilla ambush in Central African Republic. He was the Kingdom’s first peacekeeper to ever be killed in combat, officials said. ...

Chhay Channyda and Erin Handley
http://www.phnompenhpost.com/national/peacekeeper-killed-central-african-republic

Few takers for emergency rice loans

With the Kingdom’s main rice harvesting season wrapping up, just a fraction of a government emergency loan package that aimed at giving millers the liquidity they needed to purchase rice paddy duringthe harvest cycle has been disbursed, leaving the government and private sector divided on ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/few-takers-emergency-rice-loans

‘Reuse-ful’ ways to solve Cambodia’s waste problem

In 2018, Khmer Times reported a 10 percent increase per year in waste generated by the Kingdom. In 2019, Phnom Penh alone generated up to 3,000 tonnes of waste daily – with Cambodia as a whole producing over 10,000 tonnes – the equivalent to 3.6 million ...

Tom Starkey
https://www.khmertimeskh.com/50739896/reuse-ful-ways-to-solve-cambodias-waste-problem/

Trimmer 2021 budget: Government plans 50 percent drop in spending

Amid the outbreak of the coronavirus the government plans to trim the 2021 state budget to around $4 billion, accounting for about a 50 percent drop from this year’s state budget, including an 11.3 percent drop for social affairs and 6.4 percent for general administration. ...

Ben Sokhean
https://www.khmertimeskh.com/50734167/trimmer-2021-budget-government-plans-50-percent-drop-in-spending/

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