Exporters of rice now subject to origin test
Stringent rules to prove that rice exported from Cambodia is actually from Cambodia will be detailed today, according to a copy of a joint agreement between the Ministry of Commerce and industry associations. The Code of Conduct seeks to reassure the European Union that rice is ...
Daniel de Carteret and Chan Muy Hong
http://www.phnompenhpost.com/business/exporters-rice-now-subject-origin-test
Rubber prices tumble as industry panics
Cambodia’s steadily declining rubber prices have hit critically low levels that are destined to only get worse as Thailand prepares to offload huge rubber stocks, the secretary-general of the Association for Rubber Development of Cambodia said Thursday. As the price of natural rubber has paralleled a ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/rubber-prices-tumble-as-industry-panics-58889/
Cambodia has great potential for FDI
An assistant to former US president Bill Clinton said Cambodia has many potential areas for foreign direct investment (FDI) from many countries, including the US. Karen Tramontano, founder, along with Clinton, and president of the Global Fairness Initiative and CEO at Blue Star Strategies, met with ...
http://www.phnompenhpost.com/2013010960687/Business/cambodia-has-great-potential-for-fdi.html
Moody's: Cambodia's rating constrained by narrow economic base, policy limitations
Global rating agency Moody’s Investors Service said Thursday that despite rapid growth, the small size and the narrow diversification of Cambodia’s economy constrained its B2 rating. The limited effectiveness of monetary policy due to a high rate of dollarization was also a rating constraint, the rating ...
Xinhua News Staff
http://www.china.org.cn/world/Off_the_Wire/2013-08/22/content_29799938.htm
Chinese firm acquires large stake in Kampot $100m cement factory
Chinese firm Huaxin Cement Co has purchased a 40 per cent stake in Cambodia Cement Chakrey Ting Factory Co, a cement-making factory currently under construction in Kampot province. Huaxin’s $24 million investment Cambodia Cement lifted the local factory’s working capital to $60 million, up from $32 ...
Chan Muyhong
http://www.phnompenhpost.com/business/chinese-firm-acquires-large-stake-kampot-100m-cement-factory
Food-price hike hits workers
The price of food spiked this month, and Cambodia’s low-paid garment workers are feeling the effects. Meat, vegetables, toothbrushes, beauty accessories and even the plastic bags they get packed in have all seen a sharp bump up in price this month, some items by as much ...
Daniel de Carteret and Hor Kimsay
http://www.phnompenhpost.com/business/food-price-hike-hits-workers
Single-use plastics targeted in schools across Siem Reap
The Cambodia Rural Students Trust (CRST) in cooperation with the Ministries of Environment, and Education, Youth and Sport will implement a plastic bag reduction project initially covering 20 schools in Siem Reap province. Ministry of Environment secretary of state Neth Pheaktra said on Thursday that ...
Voun Dara
https://www.phnompenhpost.com/national/single-use-plastics-targeted-schools-across-siem-reap
Diversification and Market Access: RCEP Positively Impacts Cambodia’s Economy
The Regional Comprehensive Economic Partnership (RCEP) agreement, which came into effect in 2022, has played a significant role in diversifying Cambodia’s economy and boosting its exports, according to Aaditya Mattoo, chief economist of the World Bank’s East Asia and Pacific Region. ...
Khmer Times Staff
https://www.khmertimeskh.com/501370132/diversification-and-market-access-rcep-positively-impacts-cambodias-economy/
Elephant herds spotted in Wildlife Sanctuary
Researchers have released new photos offering a rare glimpse of endangered elephant herds seen traveling with calves through the Tonle Srepok Wildlife Sanctuary in Mondulkiri province earlier this month. The photos are part of a conservation supervisory project undertaken by Winrock International and the World Wildlife ...
Safiya Charles
http://www.khmertimeskh.com/news/26631/elephant-herds-spotted--in-wildlife-sanctuary
‘New Voices’: Poor Education Hurts Economic Growth
Economic growth has a close correlation with the quality of education, and not its quantity, a graduate student at the University of Chicago says. While education for all has been introduced in Cambodia, more needs to be done toward offering equal access to quality education, ...
VOA Khmer News Staff
http://www.voacambodia.com/content/new-voices-poor-education-hurts-economic-growth/1816811.html
IMF approves $240M grant for pandemic recovery fund
The International Monetary Fund (IMF) has approved a $240 million grant to Cambodia to rehabilitate its economy and recover from the affects of the Covid-19 pandemic. ...
Ry Sochan
https://www.phnompenhpost.com/national/imf-approves-240m-grant-pandemic-recovery-fund
Over 70% fail Cambodian national exam (Updated)
In 2012 and 2013, more than 80 percent of the Grade 12 high school students taking the national exam passed it. In 2014, 70 percent failed. The difference? This year cheating was not tolerated. ...
Terry Fredrickson
http://www.bangkokpost.com/learning/easy/429538/over-70-fail-cambodian-national-exam
Thousands expected at municipal court in support of 23
Union leaders say they expect upwards of 1,000 people to jam the streets around Phnom Penh Municipal Court on Friday in a show of support for 23 unionists, workers and bystanders who are on trial for their alleged part in violent protests in Pur Senchey ...
Mech Dara
http://www.cambodiadaily.com/news/thousands-expected-at-municipal-court-in-support-of-23-57342/
Seasoned tycoon reprimands new land concession holders
Mong Reththy, one of Cambodia’s most prominent tycoons, complained Tuesday that recent recipients of expansive land concessions from the government have less of a social conscience than entrepreneurs granted land in the 1990s. Speaking on the sidelines of a conference hosted by USAID and the NGO ...
Aun Pheap
http://www.cambodiadaily.com/news/seasoned-tycoon-reprimands-new-land-concession-holders-73098/
Nearly 90% of garment factory jobs at risk of automation: ILO
Local industry experts responded yesterday to a new report that warns the majority of Cambodia’s garment sector workers could lose their jobs in the coming two decades as automation and innovative technologies replace low-skilled labour and allow multinational producers to move their operations closer to ...
Hor Kimsay and Cheng Sokhorng
http://www.phnompenhpost.com/business/nearly-90-garment-factory-jobs-risk-automation-ilo
Tourism, housing sectors on recovery path
The tourism and housing industries in Cambodia are showing signs of recovery this year, according to the ASEAN+3 Regional Economic Outlook. ...
Adur Pradeep
https://www.khmertimeskh.com/501221252/tourism-housing-sectors-on-recovery-path/
PM Hun Sen lavishes praise on China
In his first public speech following this week’s ASEAN summit, Prime Minister Hun Sen offered lavish praise for China’s financial largesse and congratulations for its newly appointed Communist Party heads. Speaking to thousands of villagers during a ceremony to inaugurate National Road 8 in Prey ...
China’s BRI contributes to Cambodia’s economic development: DPM Sun Chanthol
China-proposed Belt and Road Initiative (BRI) has contributed enormously to Cambodia’s economic growth, creating more new opportunities for development in Cambodia, said Sun Chanthol, Deputy Prime Minister of Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501381557/chinas-bri-contributes-to-cambodias-economic-development-dpm-sun-chanthol/
Japan Marks 60 Years of Relations With Cambodia
This year marks the 60th anniversary since the start of diplomatic relations between Cambodia and Japan – the country’s largest bilateral donor – and to celebrate, the Japanese Embassy is planning an array of cultural events. Speaking at a ceremony to mark the anniversary, Japanese Ambassador ...