Rare plant fetches high prices from Thai, Chinese
Many types of plants found in Cambodia are used as traditional herbs to treat various diseases, such as giloy or guduchi (Tinospora cordifolia) or aromatic/sand ginger (Kaempferia galangal) or rough cocklebur (Xanthium Strumartium). ...
Kim Sarom
https://www.phnompenhpost.com/lifestyle/rare-plant-fetches-high-prices-thai-chinese
Workers, families feel rising market’s pressure: Economy 2022
As Cambodia touted recovering trade and GDP growth, thousands took to the streets this year over repression at work or struggles in the market. The year marked a return to money and goods flowing quickly and unevenly, as the country faced reports of rising poverty and ...
Michael Dickison
https://www.vodkhmer.news/2022/12/30/workers-families-feel-rising-markets-pressure-economy-2022/
Families seek clarity after displacement rumors related to the Kandal Stung mega-airport project
Some 200 villagers living in Kandal province’s Kandal Stung district and Takhmao town gathered at Kandal City Hall on Tuesday demanding to know whether they would be joining the hundreds of others who are being displaced by the new Phnom Penh International Airport. ...
PM plans China visit to drum up investment
Prime Minister Hun Sen is scheduled to pay a state visit to China for talks on new infrastructure projects in Cambodia, including the Phnom Penh-Bavet Expressway. The visit will coincide with the 65th anniversary of the two nations’ bilateral relations. ...
Samban Chandara
https://www.phnompenhpost.com/national-politics/pm-plans-china-visit-drum-investment
PM issues sub-decree on Law on Investment
Prime Minister Hun Sen on Monday issued a sub-decree for the complete implementation of Cambodia’s new Law on Investment – which has been in force since October 15, 2021 – to attract and boost both local and foreign direct investment in the country, said a ...
Kang Sothear
https://www.khmertimeskh.com/501315916/pm-issues-sub-decree-on-law-on-investment/
Kingdom due to host Asia-Pacific financial development forum
Cambodia is set to host the 47th Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Annual Meetings from May 14-16, 2024. Centred on regional financial development, the meetings are expected to bring together delegates from some 40 countries to share their knowledge ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-due-host-asia-pacific-financial-development-forum
Cambodia commits to combat climate change to achieve SDGs
During the annual meeting of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), Cambodia’s representative said the Kingdom is both ready to and committed to accelerate climate action to achieve the sustainable development goals. ...
Taing Rinith
https://www.khmertimeskh.com/501291705/cambodia-commits-to-combat-climate-change-to-achieve-sdgs/
Cambodia ranked 13th in Asia-Pacific Region on the 2023 Global Peace Index
Cambodia was ranked 13th in terms of peacefulness in the Asia-Pacific Region, and 73rd among 163 countries around the world, according to the 2023 Global Peace Index released yesterday by the Sydney-based Institute for Economics and Peace (IEP). ...
Khmer Times Staff
https://www.khmertimeskh.com/501320575/cambodia-ranked-13th-in-asia-pacific-region-on-the-2023-global-peace-index/
Kem Sokha to meet with defence lawyer March 28
The Phnom Penh Municipal Court has granted permission for Kem Sokha, former president of the long-defunct Cambodia National Rescue Party (CNRP), to meet with his defence lawyer on March 28. The meeting is set to take place at his residence in Phnom Penh’s Tuol Kork ...
Yuth Vireak
https://www.phnompenhpost.com/national-politics/kem-sokha-meet-defence-lawyer-march-28
ADB and Cambodia Post Bank sign $10m loan for MSMEs
The Asian Development Bank (ADB) and Cambodia Post Bank (CP Bank) have signed a loan of up to $10 million to spur post-pandemic recovery for the nation’s micro-, small- and medium-sized enterprises (MSMEs) by increasing access to finance, with at least half earmarked for women. ...
Marissa Carruthers
https://kiripost.com/stories/adb-and-cambodia-post-bank-sign-10m-loan-for-msmes
Chinese major companies to boost investment in Cambodia
Three Chinese major companies presented multiple investment projects worth millions of dollars to Prime Minister Hun Sen during a meeting in Beijing, a release said today. The companies also plan to invest on water transportation, hospital, sewage treatment, high-speed rail, etc. ...
Hong Sovannary
https://www.khmertimeskh.com/501236857/chinese-major-companies-to-boost-investment-in-cambodia/
Cambodia-China action plan expected to boost FTA benefits
The newly-signed Action Plan on Trade and Economic Cooperation 2023-2024 is expected to promote the utilisation of the preferential arrangements that are granted by free trade agreements (FTA) and similar regional treaties, to boost trade and investment between Cambodia and China. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-china-action-plan-expected-boost-fta-benefits
Tourism development underway in Kampong Chhnang province
The government has allocated over 600 hectares of land in Phnom Aural wildlife sanctuary in Kampong Chhnang province to a private company for development. ...
Son Minea
https://www.khmertimeskh.com/501242843/tourism-development-underway-in-kampong-chhnang-province/
Now Cambodians avail loan through ‘mobile chat’ tech
Get a loan sanctioned within a few hours, sometimes in minutes, and that too on the basis of an application you place through a mobile chat sitting at home! Well, this is already happening in Cambodia and some microfinance institutions (MFIs) have embraced the fast-developing ...
Manoj Mathew
https://www.khmertimeskh.com/501247709/now-cambodians-avail-loan-through-mobile-chat-tech/
Int’l tourism receipts rocket nearly eightfold to over $1.4B
International tourism receipts clocked in at $1.415 billion last year, marking a 7.690-fold increase over $184 million in 2021, albeit still a 71.2 per cent decrease from 2019’s record $4.919 billion, according to the Ministry of Tourism’s Tourism Indicators 2022 report. ...
https://www.phnompenhpost.com/business/intl-tourism-receipts-rocket-nearly-eightfold-over-14b
Earth Hour to be observed this evening
Tourism and environment ministries and environment NGOs will celebrate “Earth Hour” today at 8.30pm at Factory Phnom Penh, in Chak Angre Leu commune of the capital’s Meanchey district. The ministry called for public participation by switching off their lights in businesses and households at this ...
Sok Raksa
https://www.phnompenhpost.com/national/earth-hour-be-observed-evening
PM: Future candidates must vote
Prime Minister Hun Sen on June 13 declared that some of the Constitution’s election-related clauses would be amended in response to an overseas opposition group launching a social media campaign urging eligible voters to abstain from the July 23 general election. ...
Kim Yutharo
https://www.phnompenhpost.com/national-politics/pm-future-candidates-must-vote
Capital’s river port operator logs 24% decline in revenue
Local public-listed river-port operator Phnom Penh Autonomous Port (PPAP) reported a sharp decline in business performance in the first five months of the year due to regional and global economic uncertainty brought on by the protracted Ukraine conflict and its effects on demand and inflation. ...
May Kunmakara
https://www.phnompenhpost.com/business/capitals-river-port-operator-logs-24-decline-revenue
Germany pledges over $60 million for economic development in Cambodia
The Federal Republic of Germany has pledged to provide approximately $66 million to Cambodia to support projects on socio-economic development. ...
Khmer Times Staff
https://www.khmertimeskh.com/501379768/germany-pledges-over-60-million-for-economic-development-in-cambodia/
Vietnam-Cambodia Friendship Association plays important role in fostering both countries’ relations
Vietnam-Cambodia Friendship Association has been playing an important role in building the closer ties between the people of the two countries through various activities, including visit and cultural exchanges, youth-women-businessperson relationship promotion, humanitarian activities, and mutual support in preventing COVID-19. ...
Khmer Times Staff
https://www.khmertimeskh.com/501406116/vietnam-cambodia-friendship-association-plays-important-role-in-fostering-both-countries-relations/