Conservationists celebrate new greater adjutant hatchlings
The Angkor Centre for Conservation of Biodiversity (ACCB) in Siem Reap welcomed the birth of two new greater adjutants. They told national news that the two new greater adjutant hatchlings were bred in captivity. The first hatchling hatched on December 24 and the second hatchling ...
Khmer Times Staff
https://www.khmertimeskh.com/501224939/conservationists-celebrate-new-greater-adjutant-hatchlings/
Global economy will slow for a third straight year in 2024, World Bank predicts
That is the picture sketched by the World Bank, which forecast Tuesday that the world economy will expand just 2.4% this year. That would be down from 2.6% growth in 2023, 3% in 2022 and a galloping 6.2% in 2021, which reflected the robust recovery ...
Kiripost staff writers
https://kiripost.com/stories/global-economy-will-slow-for-a-third-straight-year-in-2024-world-bank-predicts
Cambodia’s garments and agricultural products continue to drive export growth
Cambodia’s export sector has demonstrated resilience, with a slight increase of 1.2 percent in exports during the first 11 months of 2023. According to a report released by the General Department of Customs and Excise, the country exported goods worth $20.5 billion, compared to $20.24 ...
Khmer Times Staff
https://www.khmertimeskh.com/501406845/cambodias-garments-and-agricultural-products-continue-to-drive-export-growth/
Vietnamese Goods on Sale in Cambodia
The second Cambodia-Vietnam Trade and Investment Fair opened in Kampot, Cambodia on August 24. The fair has attracted more than 50 Vietnamese and Cambodian businesses to display their high quality products, such as garment, footwear, food, chemicals, electronics, plastics and handicraft products. The aim is to help ...
http://vietnambusiness.asia/vietnamese-goods-on-sale-in-cambodia/
Mass Ford recall makes local dent
Some 24 Ford Explorer sport utility vehicles in Cambodia are being recalled to fix a potential fuel leak that could cause a fire, company representatives said. The move comes amid a much larger recall of 465,000 units manufactured by the Dearborn, Michigan-based automaker, raising doubts over ...
http://www.phnompenhpost.com/2013060666096/Business/mass-ford-recall-makes-local-dent.html
Final push to finish line
For a month now, the campaign has grown increasingly frenetic. Supporters have poured into the streets by the tens of thousands for ruling and opposition party rallies alike. On motorbikes and by the truckload, campaigners have overrun cities large and small, chanting party slogans. Today, that ...
http://www.phnompenhpost.com/national/final-push-finish-line
Thai fishing industry under spotlight
Far stricter monitoring of the recruitment and employment of Cambodians and other migrant labourers is needed to ensure the future of the Thai fishing industry, a new study by the International Labour Organization warns. Two and a half per cent of the 241 Cambodians interviewed ...
Abby Seiff
http://www.phnompenhpost.com/national/thai-fishing-industry-under-spotlight
Avis pulling into town
International car rental operator Avis is bringing its brand to Cambodia and Laos, according to a statement released last week from local licensee RMA Group. If the deal is seen through, Avis would be the first global car rental company to compete in the Kingdom. The company ...
Eddie Morton
http://www.phnompenhpost.com/business/avis-pulling-town
Cambodia’s aviation sector rapidly growing: report
Capitalising on booming travel from Vietnam and China, the domestic aviation sector has enjoyed 18 per cent passenger growth for the second year running, according to a new report, which describes Cambodia as having one of the fastest-growing markets in Southeast Asia. The report, by the ...
Eddie Morton
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-aviation-sector-rapidly-growing-report
Dreamworld operator sees revenue drop
Entertainment Gaming Asia (EGA), which operates casinos and slot machines in Cambodia and the Philippines, recorded a 9 percent drop in revenue last year compared to 2012, from $26.8 million to $24.3 million, according to the company’s annual report. EGA operates casinos in Pailin and Poipet ...
Simon Henderson
http://www.cambodiadaily.com/business/dreamworld-operator-sees-revenue-drop-53867/
Direct flights to Japan coming
Asia Atlantic Airlines, a Thai airline owned in part by Japanese tourism firm HIS Co, will launch scheduled flights between Cambodia and Japan this September, according a statement published by the airline on June 26. As of September 2, Asia Atlantic will run three weekly flights ...
Annie Lee
http://www.phnompenhpost.com/business/direct-flights-japan-coming
Maids forced into debt bondage in Singapore
In August last year, the government launched a pilot project that sent 220 women to work as maids in Singapore, the first major effort to open up a new market for Cambodia’s domestic workers after the government halted sending maids to Malaysia due to persistent ...
Matt Blomberg and Hul Reaksmey
http://www.cambodiadaily.com/news/maids-forced-into-debt-bondage-in-singapore-63194/
PPCBank bond trades on secondary market
In a first for the Cambodia Securities Exchange (CSX), a listed bond were traded on the secondary market on November 24, data from the bourse show. As a result, South Korea-owned Phnom Penh Commercial Bank Plc’s (PPCBank) first bond offering (PPCB23A) on the CSX saw ...
May Kunmakara
https://www.phnompenhpost.com/business/ppcbank-bond-trades-secondary-market
Tourism recovery roadmap drafted
The Ministry of Tourism has drafted a strategy to serve as its roadmap to rehabilitate and promote the tourism industry during and after the Covid-19 crisis. A meeting between the National Tourism Development Committee and relevant stakeholders on December 24 agreed to divide the 2020-2025 ...
Hin Pisei
https://www.phnompenhpost.com/business/tourism-recovery-roadmap-drafted
Cambodia’s Mekong water levels to drop due to power grid maintenance in China
The water outflow at Jinghong hydropower station in China’s Yunnan province is dropping due to power grid maintenance during 5 – 24 January, leading to changes in river water levels along the Mekong River in Thailand, Lao PDR, and Cambodia, according to a press release ...
Key features of Cambodia’s new Law on Taxation
The new Law on Taxation was promulgated on 16 May 2023 by virtue of Royal Kram No. NS/RKM/0523/004 (“Law on Taxation”) on an urgent basis and therefore has come into force from 17 May 2023. The Law on Taxation abrogates the old law on taxation ...
Khmer Times Staff
https://www.khmertimeskh.com/501296712/key-features-of-cambodias-new-law-on-taxation/
Government announces end of COVID-19 relief fund
The National Social Security Fund (NSSF) of the Ministry of Social Affairs, Veterans, and Youth Rehabilitation has announced that the cash support programme for poor and vulnerable families affected by the COVID-19 pandemic will finish on April 24, 2024. ...
Torn Vibol
https://www.khmertimeskh.com/501479422/government-announces-end-of-covid-19-relief-fund/
Cambodia’s trade with Vietnam rises nearly 25%
Neighbouring Vietnam has consolidated its position as the second biggest trade partner of Cambodia after China with trade volume between the two rising by 24.5 percent to reach $2.32 billion in the first three months of this year (Q1, 2024), compared to the same period ...
Manoj Mathew
https://www.khmertimeskh.com/501474739/cambodias-trade-with-vietnam-rises-nearly-25/
Cambodian king visits Vietnam to cement bilateral ties
Cambodian King Norodom Sihamoni began a 3-day state visit to Vietnam starting on Monday at the invitation of Vietnamese President Truong Tan Sang, local media reported. The visit, the fourth made by Cambodian king since he came to the throne in 2004, will likely elevate further ...
http://news.xinhuanet.com/english/world/2012-09/24/c_131869525.htm
Flood money runneth over
Flooding this year cost the government significantly less than expected due to better preparation and lower water levels than in previous years, first vice president of the National Committee for Disaster Management Nhim Vanda announced yesterday. The NCDM could not yet report the precise amount spent on flood ...
http://www.phnompenhpost.com/index.php/2012103159481/National-news/flood-money-runneth-over.html