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Cambodia, Japan agree to widen economic cooperation

Cambodia and Japan Saturday in principle agreed to strengthen and expand cooperation on infrastructure and connect maritime space through participation in the design and development of Sihanoukville Autonomous Port. The two countries also agreed to expand cooperation in the economic field and attract Japanese investment. ...

Mom Kunthea
https://www.khmertimeskh.com/501518995/cambodia-japan-agree-to-widen-economic-cooperation/

Cambodia records 22% rise in air travel

Cambodia’s aviation sector is experiencing a significant uptick in the first half of 2024 with the country’s three international airports handling a combined 3.03 million air passengers from January to June, up 22 percent from 2.48 million recorded in the same period last year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501539711/cambodia-records-22-rise-in-air-travel/

Farmers struggle with complex procedures for subsidised electricity tariffs

Farmers with rice mills are battling to benefit from a government-subsidised electricity tariff aimed at reducing operational costs, citing complex procedures and unclear information despite the Ministry of Mines and Energy’s efforts to lower electricity prices for agricultural purposes. ...

Kuch Sikol
https://kiripost.com/stories/farmers-struggle-with-complex-procedures-for-subsidised-electricity-tariffs

WWF raise alarm at falling muntjac population

WWF Cambodia has expressed concerns over a drastic decline in the Northern red muntjac population (Muntiacus vaginalis), which has dropped by more than 60% within just six years in the Phnom Prich Wildlife Sanctuary in Mondulkiri province. The organisation attributed the decline primarily to the ...

Phak Seangly
https://www.phnompenhpost.com/national/wwf-raise-alarm-at-falling-muntjac-population

Cambodia’s GFT sector gathers steam under EU collaboration

The Textile, Apparel, Footwear & Travel Goods Association in Cambodia (TAFTAC), in partnership with EuroCham and the Responsible Business Hub (RBH), has unveiled the 2024 GFT Sector Brief, Issue No. 3, shedding light on the current state and future potential of Cambodia’s garment, footwear, and ...

Jerome Misa
https://www.khmertimeskh.com/501587930/cambodias-gft-sector-gathers-steam-under-eu-collaboration/

ODC works with Newsgain to assess and improve ODC's website

As a part of Internews’ work with ODC for the Innovations in Social Accountability in Cambodia project (ISAC), plans were developed for Internews’ Media Business Unit (‘Newsgain’) to review ODC’s website using tools such as Google Analytics. The design and function of ODC’s website have ...

Copper

Copper exploration is concentrated in Preah Vihear province in the northern part of Cambodia. The most active explorer is Australian-based Geopacific Resources, in collaboration with Cambodian tycoon Kith Meng’s Royal Group. Geopacific Resources is working with Cambodian-based Royal Group at Kou Sa, a 158 km2 ...

Kompong Cham Factory Reopens at Partial Capacity

About 1,000 workers returned to work at Kompong Cham province’s Manhattan Quing Dao Textile Corp yesterday after last week’s four-day protest, factory representatives said. Chan Seiha, the factory’s administration chief, said that the remaining 1,000 workers were not at work yesterday because the factory currently ...

PPWSA stock offering slated to outperform

The Kingdom’s first initial public offering is fast approaching, and demand is expected to be robust. Book-building, the process during which bids for the IPO are taken and a price is set for shares, ended yesterday. The final offering price is expected before the subscription for ...

http://www.phnompenhpost.com/index.php/2012031455011/Business/ppwsa-stock-offering-slated-to-outperform.html

IMF’s Cambodia outlook upbeat

Tokyo: The International Monetary Fund has upgraded its outlook on Cambodian GDP growth in 2011 from 6.5 per cent to 6.7 per cent just days after government officials announced a full percentage-point reduction in economic expectations. Stabilisation in the real estate sector, as well as strong increases ...

http://www.phnompenhpost.com/index.php/2011101752154/Business/imfs-cambodia-outlook-upbeat.html

US Agents Poised to Seize Khmer Statue

Government officials and a representative at Unesco in Phnom Penh yesterday said that Sotheby’s in New York had no right to a 10th-century Khmer statue worth more than $2 million that US federal agents were expected to seize from the auction house today. On Wednesday, New ...

Strike at seafood giant

About 800 Cambodian workers in Thailand went on strike yesterday against a major global seafood exporter they accuse of exploiting them. The factory, which has been identified by workers and rights groups as Phatthana Seafood Co Ltd in Thailand’s Songkhla province, allegedly scrapped a 20 baht ...

http://www.phnompenhpost.com/index.php/2012040955512/National-news/strike-at-seafood-giant.html

Ride-hailing firm eyes Cambodia

Aiming to disrupt the thriving local ride-hailing market with a new business model, Belarus-based Onde recently announced its intention to enter Cambodia.​ In an interview with Khmer Times, a representative of the startup said they provide the software entrepreneurs need to run their own taxi ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50658936/ride-hailing-firm-eyes-cambodia/

Little action taken on Pailin cassava producers' pollution

Almost a year after cassava producers in Pailin were fingered as the source of pollution in a local water source, little has been done to address the problem, commune officials said yesterday, while affected villagers are being forced to buy bottled water to avoid getting ...

Morn Vanntey
http://www.phnompenhpost.com/national/little-action-taken-pailin-cassava-producers-pollution

Cycling campaign for Prey Preah Roka starts

Some 10 environmental activists launched the Riding a Bicycle for Prey Preah Roka campaign from November 29 to December 2.​​ They will ride across 300km from Phnom Penh to Preah Vihear province to promote natural resource protection and conservation amid threats of deforestation in the forestry ...

Voun Dara
https://www.phnompenhpost.com/national/cycling-campaign-prey-preah-roka-starts

IMF Calls on Cambodia to Broaden Tax Base

.Cambodian government must rise its tax revenue intake if it to stay on a sustainable path toward development, International Monetary Fund officials have said. Although Cambodia is experiencing increased growth in trade and investment, the country should broaden its tax base to create sustainable revenue collection, a ...

http://www.cambizreview.com/

Transport costs remain high

Cambodia’s transport costs remain high compared with those in neighbouring countries, according to a 10-container shipment comparison conducted between Cambodia, Thailand and Vietnam by a Korean-owned company, Pan Continental Freight (PCF). The comparison found Cambodia’s free on board (FOB) costs were US$35 a tonne, whereas Thailand ...

http://www.phnompenhpost.com/index.php/2012092758948/Business/transport-costs-remain-high.html

China Donates $19M During Asean Defense Meet

As the region’s top brass gathered in Phnom Penh for the Sixth Asean Defense Ministers Meeting, it was Beijing that once again stole the show with Chinese Defense Minister Liang Guanglie signing off on nearly $19 million in military aid to Cambodia. In the country on ...

Siem Reap’s US$1bn airport delayed

No ground was broken in May on the New Siem Reap International Airport (NSRIA), a US$1 billion Korean investment, and officials say no definite date has been set for work on the project as the developer looks for new partners. NSRIA Co Ltd, an equal joint ...

http://www.phnompenhpost.com/index.php/2012060656613/Business/siem-reaps-us1bn-airport-delayed.html

Water plant means eviction for families in Sihanouk

Despite authorities turning a blind eye to their villages for more than 15 years, about 2,000 families living near Preah Sihanouk province’s Kbal Chhay waterfall face imminent eviction to make way for a clean-water processing plant, officials said yesterday. Prime Minister Hun Sen’s recent bold move ...

http://www.phnompenhpost.com/index.php/2012062156930/National-news/water-plant-means-eviction.html

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