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Payments balance up Kingdom sees a 1.7 percent surplus in 2020

The Kingdom’s balance of payments (BOP) saw a 1.7 percent surplus compared with its gross domestic product (GDP) in 2020 with growth supported by the in-flow of foreign direct investments and exports, according to a report from the National Bank of Cambodia (NBC). ...

Sok Chan
https://www.khmertimeskh.com/50807074/payments-balance-up-kingdom-sees-a-1-7-percent-surplus-in-2020/

Map connects factories and buyers

In light of ongoing disputes over working conditions in the garment sector, the Cambodian Centre for Human Rights (CCHR) released yesterday details on hundreds of factories it believes will offer greater transparency along the garment supply chain – from producers to buyers – and shine ...

http://www.phnompenhpost.com/2013070166578/Business/map-connects-factories-and-buyers.html

Cambodia's trade with Vietnam reaches 2.7 bln USD in 9 months

Bilateral trade volume between Cambodia and its neighboring Vietnam has hit 2.7 billion U.S. dollars in the first nine months of the year, up 10 percent compared with the 2.45 billion U.S. dollars over the same period last year, a Cambodian trade official said Thursday. Kem ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-11/14/c_132887645.htm

New media pass for journalists

The Information Ministry will use a new form of media pass for journalists working in Cambodia by the end of January in order to easily manage and collect data from journalists. ...

Mom Sophon
http://www.khmertimeskh.com/50100766/new-media-pass-journalists/

Trade in breast milk outlawed

The government yesterday announced a total ban on the collection and export of human breast milk, after it emerged poor women had been earning cash through the trade. ...

Ven Rathavong
http://www.khmertimeskh.com/news/37002/trade-in-breast-milk-outlawed/

NGOs say input and transparency are key

In the wake of a speech by Prime Minister Hun Sen denouncing civil society’s criticism of the way that three judiciary laws sailed through the Council of Ministers without outside input or transparency, NGOs released an open letter yesterday calling for the Kingdom’s renewed commitment ...

Amelia Woodside
http://www.phnompenhpost.com/national/ngos-say-input-and-transparency-are-key

GFT minimum wage hike focuses on sustainability

The government has confirmed continuing minimum wage hikes for workers in the garment, footwear, and travel goods (GFT) sector, adhering to the sustainability of the sector and competitiveness in the market. ...

Chea Vanyuth
https://www.khmertimeskh.com/501352116/gft-minimum-wage-hike-focuses-on-sustainability/

Ministry: Eight children available for adoption

The Ministry of Social Affairs, Veterans and Youth Rehabilitation announced that it was looking for caregivers for eight orphans who are living at the National Maternal and Child Health Centre (NMCHC) and Battambang Orphanage Centre I in Battambang province. ...

Chea Sokny
https://www.phnompenhpost.com/national/ministry-eight-children-available-adoption

Thai firm latest to offer lease financing

Sousdey Finance, a subsidiary of Thitikorn Limited in Thailand, will start a financial hire-leasing service for motorbikes in Phnom Penh, with an initial start-up fund of $100,000. ...

Hor Kimsay
http://www.phnompenhpost.com/thai-firm-latest-offer-lease-financing

Inflation Report To Be Delayed Official Says

With prices creeping upward and the central bank looking to take monetary action to fight inflation, the government has suspended the publication of the monthly Consumer Price Index, an official at the Ministry of Pallning said yesterday. Sam Saroeun, deputy director of the statistic department ...

Flights to Arrive From China’s Yunnan Province

An airline in China’s Yunnan province will begin offering flights from its capital, Kunming, to Phnom Penh and Siem Reap City, Council of Ministers spokesman Ek Tha said yesterday. ...

Results of agriculture census out

The Ministry of Planning is to release today preliminary results of Cambodia’s first agricultural industry census, which promises to provide the biggest ever snapshot of the key sector. According to a press release issued yesterday by the ministry, the census’ preliminary results will include the number ...

Hor Kimsay
http://www.phnompenhpost.com/business/results-agriculture-census-out

Boost for seafood exports

The Institute of Standards of Cambodia (ISC) and the United Nations Industrial Development Organization (UNIDO) will team up to boost the export of four seafood products that adhere to international standards. Speaking at a workshop at the Ministry of Industry and Handicraft yesterday, ISC director-general Chan ...

Sum Manet
http://www.khmertimeskh.com/news/30243/boost-for-seafood-exports/

Pig cull raises supply concerns

Following a mass cull of more than 1,000 pigs over the last two weeks, authorities yesterday played down any threat to the local pork supply, but financial concerns among farmers and market vendors are mounting.Some 1,200 pigs have been culled in Siem Reap, having recently ...

Sor Chandara
http://www.phnompenhpost.com/business/pig-cull-raises-supply-concerns

Development bank delivers $245mn to agri-sector producers, exporters, SMEs

A senior executive of the state-owned Agriculture Rural Development Bank (ARDB) said the financial institution has released $245 million to rice millers and exporters, the livestock sector and small and medium enterprises (SMEs) in the agriculture sector. ...

Sok Chan
https://www.khmertimeskh.com/50802809/development-bank-delivers-245mn-to-agri-sector-producers-exporters-smes/

Cambodia rejects suspicions reversal on us base upgrade signals plans to host Chinese military assets

Cambodia’s Minister of Defense Tea Banh on Monday dismissed suspicions that his government had reneged on accepting an offer from the U.S. to upgrade buildings at a naval base in Preah Sihanouk province because it plans to host Chinese military assets at the site. In a ...

Joshua Lipes
https://www.rfa.org/english/news/cambodia/base-07012019152820.html

Six Cambodian women to be returned from China

Six Cambodian women trafficked to China to become brides and seven Cambodian victims of labor exploitation in Saudi Arabia will be repatriated by the end of the month, the Ministry of Foreign Affairs announced Monday. ...

Kuch Naren
http://www.cambodiadaily.com/news/six-cambodian-women-to-be-returned-from-china-68087/

Show Licences or ship out, sand dredgers told

Phnom Penh municipal officials have ordered owners of eight sand-dredging companies that continued work despite a mandated moratorium to halt operations and show proof of their licences or shut down for good. On Saturday, the municipality informed the owners, whose names they declined to release, that ...

http://www.phnompenhpost.com/national/show-licences-or-ship-out-sand-dredgers-told

Exports to the US see slight rise

Cambodia’s exports to the United States, the country’s biggest market, were valued at about $2.8 billion last year, a three per cent rise from $2.7 billion in 2012, according to fresh statistics from the US Department of Commerce. Ken Ratha, a spokesman for Cambodia’s Ministry of ...

Hor Kimsay
http://www.phnompenhpost.com/business/exports-us-see-slight-rise

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