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Greater riel use could boost foreign reserves

When Cambodia began accumulating foreign reserves in 1997 – after it switched from a centrally planned market to an open economy – the central bank deposited the $276 million it had saved at the Federal Reserve Bank of New York and allowed it to manage ...

Riel Gains
http://www.khmertimeskh.com/news/36512/greater-riel-use-could-boost-foreign-reserves/

Kiwi Umbrella Company Conquers Global Market

New Zealand’s most wind-resistant outdoor umbrella range has taken the global market by storm with exports to 35 countries Shade7 is a Kiwi export success story and is run by businessmen and philanthropists David Jesze and Michael Pearce. Jesze and his wife currently live in Cambodia, where ...

http://www.scoop.co.nz/stories/BU1210/S00309/kiwi-umbrella-company-conquers-global-market.htm

Nearly 500 families in Kandal province concerned over forced evictions

Nearly 500 families living in Tumnob 94 in Kandal province are worried about forced evictions after authorities claimed they were living in slums and illegally while the citizens claim that they had lived in the area for more than 30 years and had valid residence ...

Khut Sokun
https://www.vodkhmer.news/2023/02/07/families-in-kandal-province-concerned-over-forced-evictions/

Trucks Banned on Phnom Penh Streets for Duration of Summit

Phnom Penh City Hall has banned all trucks transporting goods and gasoline from traveling on the city’s roads in daytime hours to ease traffic during the Asean Summit, according to a notice placed on the municipality’s website Saturday. The Ministry of Education has also told 12 ...

Opposition questions minister

After being questioned for more than two hours at the National Assembly yesterday, Environment Minister Say Samal claimed the number of forest crimes decreased in 2016, but acknowledged that some government officials were involved in some of the crimes. A recently released report from the University ...

Taing Vida
http://www.khmertimeskh.com/news/33928/opposition-questions-minister/

Tep Kolap case 'now ended'

An outstanding court warrant for Phnom Penh International University rector Tep Kolap was dropped after the intervention of the premier and his wife, according to Phnom Penh Municipal Police Chief Touch Naruth. Declining to comment on the extent of the premier’s intervention, deputy commander of ...

http://www.phnompenhpost.com/index.php/2012100359068/National-news/police-chief-says-pm-intervened-in-tep-kolap-case.html

Land-titling process ‘urgent’, Oxfam says

Accelerating the mapping and titling of rural farmland should be an “urgent” priority of the government and civil society, particularly when it comes to protecting indigenous peoples’ and women’s rights, Oxfam representatives said yesterday. The remarks followed the release of an EU-funded survey of rural communities’ ...

Daniel Pye
http://www.phnompenhpost.com/national/land-titling-process-%E2%80%98urgent%E2%80%99-oxfam-says

Misconceptions an obstacle to contraception use: study

The greatest obstacle to increased contraception use in Cambodia isn’t the price of birth control or the social stigma around using it, a new study has found, it is fear of side effects. What’s more, this fear may arise from the many disparate medical systems operating ...

Cristina Maza
http://www.phnompenhpost.com/national/misconceptions-obstacle-contraception-use-study

Ministry of foreign affairs to build first diplomatic institute

The Foreign Affairs Ministry expects to complete construction on its first training institute for local diplomats in the next 18 months, officials said Monday. Foreign Affairs Ministry spokes-man Chum Sounry said work on the National Institute for diplomatic and Relations of International Study began in December. ...

Chhorn Phearun
https://www.cambodiadaily.com/second2/ministry-foreign-affairs-build-first-diplomatic-institute-126811/

PM urges universities to boost research cooperation

PM Hun Manet is asking public and private universities to increase cooperation for joint research and mutual study visits with both national and international universities. ...

Torn Vibol
https://www.khmertimeskh.com/501505827/pm-urges-universities-to-boost-research-cooperation/

Angkor Wat sees tourism spike over Lunar New Year

The number of domestic and foreign tourists visiting Siem Reap’s ancient Angkor Wat temple and the Kingdom’s coastal areas increased sharply during this year’s three-day Lunar New Year. Data from the Siem Reap provincial tourism department show that 52,909 tourists visited Siem Reap during Lunar ...

http://www.phnompenhpost.com/2013021461364/Business/angkor-wat-sees-tourism-spike-over-lunar-new-year.html

Road safety banners installed on streets for New Year

More than 300 road safety education banners have been put up along the streets of every province for display during the Khmer New Year as a reminder of the dangers of careless driving. Asia Injury Prevention Foundation director Kim Pagna told The Post on Sunday ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/road-safety-banners-installed-streets-new-year

JV aims for massive expansion of irrigation

Cambodia’s Cooperative Agriculture and Processing New Progressive of Pailin (CAPNL) and Thai-owned CLMV Holding Company Ltd. yesterday signed an $11 billion, five-year joint venture agreement to build a network of pipes and reservoirs around the country to supply water for farming and home consumption. ...

Sok Chan
http://www.khmertimeskh.com/news/24370/jv-aims-for-massive-expansion-of-irrigation/

Herbalife to operate in capital

Herbalife Ltd, a global nutrition company whose business practices are being challenged in a US court and whose marketing strategies have been the subject of public criticism, will officially open a six-storey distribution centre in Phnom Penh today, according to the New York Stock Exchange-listed ...

Daniel de Carteret
http://www.phnompenhpost.com/business/herbalife-operate-capital

Herbalife Promises Cambodians Health, Wealth

The offices of Herbalife, a so-called multilevel marketing company that has moved into the protein powder market in Cambodia, stand like a beacon of promise in Phnom Penh’s Prampi Makara district: Six stories of glass and white paneling, crisp lime-green signage and a four-story-high banner ...

Matt Blomberg
http://www.cambodiadaily.com/news/herbalife-promises-cambodians-health-wealth-48828/

JETRO visit raises Japanese investment hopes

The Council for the Development of Cambodia (CDC) says it has greenlit a total of 148 Japanese investment project proposals planned outside of the Kingdom’s special economic zones (SEZ) as of July 31 worth about $2.85 billion since its establishment on August 5, 1994. ...

Hom Phanet
https://www.phnompenhpost.com/business/jetro-visit-raises-japanese-investment-hopes

GMAC head sets clothing export goal

Cambodia is set for a 30 per cent increase in garment exports this year, according to Garment Manufacturers Association in Cambodia [GMAC] President Van Sou Ieng. The sector was heavily dependent on foreign buyers, which were increasing their orders as the global economy recovered, he said. ...

http://www.phnompenhpost.com/index.php/2011070550174/Business/garment-gains-gmac-head-sets-clothing-export-goal.html

Medical bills lead many into debt, survey reveals

Small-scale health insurance policies can be an effective way to avoid drowning in debt, according to a survey released yesterday. Fifty-eight percent of 5,275 households surveyed in Kandal, Takeo and Kampot provinces had taken out loans, with health care and medical costs being the chief reason, ...

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