Pollution and climate change upsurge the risk of ‘climate penalty’
A rise in the frequency, intensity and duration of heatwaves will not only increase wildfires this century but also worsen air quality – harming human health and ecosystems, according to a new report from the World Meteorological Organization (WMO) launched on Wednesday, the International Day ...
Khmer Times Staff
https://www.khmertimeskh.com/501148059/pollution-and-climate-change-upsurge-the-risk-of-climate-penalty/
Cambodia milled rice export seen increasing
Cambodia is expected to see a remarkable increase in its milled rice export due to the China market, a recovery in demand in the European Union, and the emergence of new markets. ...
Chea Vanyuth
https://www.khmertimeskh.com/501192058/cambodia-milled-rice-export-seen-increasing/
Kingdom likely to seek British funds for MRT
Both countries discussed new opportunities and exchanged technical views on financing models for infrastructure development. The discussion centred on the planning and financing the Mass Rapid Transit system for Phnom Penh. ...
Hong Sovannary
http://khmertimeskh.com/501238164/kingdom-likely-to-seek-british-funds-for-mrt/
International brand plans local jewellery factory
A “well-known” but unnamed international brand has chosen Cambodia as the location to set up a new export-oriented jewellery factory, revealing plans to start investment operations in early 2024, the Council for the Development of Cambodia (CDC) reported. ...
Hin Pisei
https://www.phnompenhpost.com/business/international-brand-plans-local-jewellery-factory
Sihanoukville Autonomous Port CEO vows port will become regional hub
Lou Kim Chhun, government delegate in charge as chairman and CEO of Sihanoukville Autonomous Port, said he was determined to push the development of a new container terminal and deep-water port in Sihanoukville. ...
Van Socheata
https://www.phnompenhpost.com/business/sihanoukville-autonomous-port-ceo-vows-port-will-become-regional-hub
Concern as Omicron variant cases rise in neighbouring countries
The Ministry of Health has alerted people to be vigilant and continue to practise preventive measures followed for COVID-19, as transmission from a new sub- variant, Omicron XBB.1.5, are increasing in neighbouring countries. ...
Tith Kongnov
https://www.khmertimeskh.com/501298252/concern-as-omicron-variant-cases-rise-in-neighbouring-countries/
Automotive and electronics sectors to receive $2b cash boost
Cambodia has unveiled plans to expand the automotive and electronics sectors in the next three years by pumping more than $2 billion into the industries, generating about 26,000 new jobs. ...
Meas Molika
https://kiripost.com/stories/cambodia-automotive-and-electronics-sectors-to-receive-2b-cash-boost
Disadvantaged youth to benefit from government’s initiative
The government has announced a new project to provide free technical and vocational training to about 1.5 million poor students a year. ...
Torn Vibol
https://www.khmertimeskh.com/501224581/disadvantaged-youth-to-benefit-from-governments-initiative/
Cambodia, UAE conclude comprehensive economic partnership agreement
The UAE and the Kingdom of Cambodia have finalised the terms of a comprehensive economic partnership agreement (CEPA), paving the way for a new era of trade and investment cooperation between the two nations. ...
Khmer Times Staff
https://www.khmertimeskh.com/501280969/cambodia-uae-conclude-comprehensive-economic-partnership-agreement/
Concern over Cambodia’s climbing debt
The program manager of an NGO has raised concerns about the government’s revenue spending management, claiming national debt remains huge and has not been repaid as new debt continues to climb. ...
Seng Mengheng
https://kiripost.com/stories/concern-over-cambodias-climbing-debt
Cambodia backs ASEAN-Canada trade block initiative
A high-level delegation from the Ministry of Commerce (MoC) met officials from member states of the Association of Southeast Asian Nations (ASEAN) and Canada in Bandung, Indonesia, to form a new free trade agreement, said a release. ...
Kang Sothear
https://www.khmertimeskh.com/501247131/cambodia-backs-asean-canada-trade-block-initiative/
Satellite data shows protected areas faced brunt of deforestation in 2022
New satellite data reveals that Cambodia’s remaining dense forests were further depleted last year, with four major protected areas and national parks registering higher deforestation than in 2021. ...
Andrew Califf
https://cambojanews.com/satellite-data-shows-protected-areas-faced-brunt-of-deforestation-in-2022/
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/
More participatory five-year disaster risk reduction action plan endorsed
In a plenary session on July 5, the Council of Ministers reviewed and endorsed the National Action Plan for Disaster Risk Reduction (NAP-DRR) with more participatory preparedness, well mainstreamed with new technology. ...
Khmer Times Staff
https://www.khmertimeskh.com/501518380/more-participatory-five-year-disaster-risk-reduction-action-plan-endorsed/
MoE underscores success of environment initiatives
The Ministry of Environment has underscored the success of the “Green Sprouts” initiative and ongoing efforts to preserve Cambodia’s natural resources since the new government assumed office in August of last year. ...
Ben Sokhean
https://www.khmertimeskh.com/501551974/moe-underscores-success-of-environment-initiatives/
PM: Cambodia is committed to “One-China policy”
The Prime Minister of Cambodia, Hun Manet, has said that the new Royal Government is committed to maintaining a “One-China policy” to take the already strong relationship between Cambodia and China to the next level. ...
Ministry mulling SME cluster to help local farmers
The Ministry of Industry, Science, Technology, and Innovation has pushed for forming new small and medium enterprise (SME) clusters to help farmers sell their products to local productions, contributing to finished product export. ...
Chea Vanyuth
https://www.khmertimeskh.com/501431025/ministry-mulling-sme-cluster-to-help-local-farmers/
Cybersecurity law must be “business-friendly”
Cambodia must ensure that the draft cybersecurity law is kept “business-friendly” to prevent driving out international companies and discouraging new overseas investment in the nation, according to an expert. ...
Marissa Carruthers
https://kiripost.com/stories/cybersecurity-law-must-be-business-friendly
Cambodia’s beer market growing more crowded
The Kingdom’s latest brewery is set to launch on November 1, introducing a new player into the growing Cambodian beer market, insiders said yesterday. The Khmer Brewery plant, a US$60 million joint venture between locally based Chip Mong Group and major international brewery manufacturer Ziemann Group, ...
Tourist arrivals grow 15% in first nine months
Visitor arrivals to Cambodia saw a year-on-year increase of 15 percent in the first nine months of 2011, reaching more than 2 million people, according to new figures released by the Tourism Ministry yesterday. The figures showed that, from January to September, arrivals by air increased ...