Not all app stores online
Smartphones and the accompanying online stores that sell applications for them may be gaining ground across emerging markets, according to a study conducted by a London-based telecommunications research and analysis firm, but Cambodia’s market is limited by a lack of places to legitimately purchase apps, ...
http://www.phnompenhpost.com/index.php/2012081357948/Business/slow-demand-for-paid-phones-apps.html
Garment firm to list on CSX
The Taiwanese-owned garment company Grand Twins International (Cambodia) Plc says it intends to list on the Cambodia Securities Exchange (CSX) next month, in a boost for the Kingdom’s nascent stock market. Phnom Penh Securities (PPS), an underwriter for Grand Twins International (GTI), said yesterday the company ...
http://www.phnompenhpost.com/2013020761223/Business/garment-firm-to-list-on-csx.html
The Credit Bureau Cambodia at the five-month mark
Almost five months after the launch of the Credit Bureau Cambodia (CBC), experts agree that it has given financial institutions valuable new access to information about creditworthiness of potential borrowers, improving efficiency and loan quality. At the same time, there are still a few rough ...
Poipet Vendors Protest Corrupt Border Officials
More than 800 street vendors and drivers of taxis, tuk-tuks and motorcycles working the border area between Banteay Meanchey province and Thailand yesterday marched through Poipet City calling for an end to the rampant corruption being carried out by border officials. Migrant workers who cross ...
Garlic leaves are a boon for farmer
Profitable income generation has many sources. Whether it requires work in an office, trading on the market or farming land – the outcome always depends on the innovation and effort of the individual. For Pring Leang, the sources are three small fields in Kampong Por village ...
http://www.phnompenhpost.com/business/garlic-leaves-are-boon-farmer
$150 million aid distributed to revive tourism industry
Cambodia Hotel Association (CHA) has distributed $150 million financial aid from the government to revive the country’s tourism sector hit by the Covid-19 pandemic, a senior official said. ...
Kang Sothea
https://www.khmertimeskh.com/501089253/150-million-aid-distributed-to-revive-tourism-industry/
Cambodia’s trade volume up 20 percent in first half of 2022
Cambodia’s total trade volume was valued at $27.2 billion in the first half of 2022, up 20 percent from 22.6 billion dollars over the same period last year, according to an official report released on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501111765/cambodias-trade-volume-up-20-percent-in-first-half-of-2022/
Cambodia attracts $1.39 bln investment in first 2 months of 2024
Cambodia approved fixed-asset investment projects worth $1.39 billion in the first two months of 2024, a significant rise of about 500 percent compared to the same period last year, a Council for the Development of Cambodia (CDC)’s report said on Sunday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501454423/cambodia-attracts-1-39-bln-investment-in-first-2-months-of-2024/
PM praises media for efforts on ‘fake news
Prime Minister Hun Sen praised journalists and a large number of local press institutions for making efforts to prevent the spread of fake news propagated by “rebels” and opportunists who intended to incite social unrest against the government. Hun Sen’s statement was made through a ...
Mech Dara
https://www.phnompenhpost.com/national/pm-praises-media-efforts-fake-news
Signs point to more diverse investment projects in Cambodia
The effects of the global financial crisis in 2008 and 2009 on the Cambodian economy showed how perilous having a narrow economic base can be. Since the Kingdom’s economy is dependent on a few “pillars”-garments, construction, tourism and agriculture-downturns in any of those sectors can ...
Cambodia scores high marks for renewable energy
Cambodia’s share of modern biomass in total energy consumption is among the highest in the world, according to a report released Tuesday by the World Bank and the International Energy Agency. The report also found that growth in Cambodia’s dependence on renewable energy excluding traditional biomass ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=MjRiYTU0NzYyNTR
Season’s Bountiful Fish Catch Means Prahok Will Be Plentiful
Last week marked the end of the annual fishing season and many who had gathered on the riverbanks to buy and sell fish in the Russei Keo district of Phnom Penh called it the best season in years. An abundance of fish, there were bargain prices ...
Ben Sokhean and Malia Guyer-Stevens
http://www.cambodiadaily.com/news/seasons-bountiful-fish-catch-means-prahok-will-be-plentiful-50893/
One cent off of electricity costs for industrial sector
The government is poised to reduce the price of electricity by 40 riel ($0.01) per kilowatt-hour for the industrial sector next month, said Minister of Mines and Energy Suy Sem on Tuesday. Insiders lauded the announcement but called on the government to improve the quality ...
Thou Vireak
https://www.phnompenhpost.com/business/one-cent-electricity-costs-industrial-sector
China’s Hu Visits Cambodia as Asean Leaders Eye Sea Disputes
President Hu Jintao today becomes the first Chinese head of state to visit Cambodia in 12 years, in a trip days before Southeast Asian leaders gather for talks that may touch on territorial disputes in the South China Sea. Hu’s visit, which lasts until April 2, ...
PM Hun Sen says ASEAN optimistic about achieving single market goal
ASEAN is confident that the goal of establishing a single market would not be far, and the bloc will continue to aim for it for the common interest of its people and leaving no one behind. ...
Khmer Times Staff
https://www.khmertimeskh.com/501203706/pm-hun-sen-says-asean-optimistic-about-achieving-single-market-goal/
Growth pegged at 5.5% for ‘23 recovery stage by World Bank
The World Bank has upheld its economic growth forecast for Cambodia this year at 5.5 percent, supported by the resurgence of the services sector, particularly tourism, following the post-pandemic recovery. This projection is in contrast with the Asian Development Bank (ADB), which revised its growth ...
May Kunmakara
https://phnompenhpost.com/business/growth-pegged-55-23-recovery-stage-world-bank
U.S. report highlights human rights abuses by Cambodian armed forces
The U.S. Department of State’s 2021 country report on human rights pertaining to Cambodia, released on Tuesday, found that Cambodian government officials continue to violate human rights – notably, by threatening the use of force against political opponents of Prime Minister Hun Sen. ...
Khuon Narim
https://cambojanews.com/u-s-report-highlights-human-rights-abuses-by-cambodian-armed-forces/
Boys more at risk of dropping out of school at secondary levels
Rochom Sokha, 19, decided to drop out of school last year when he was in grade eight. Now, he is farming with his family in his hometown to help support them, as his four younger siblings are still in school. ...
Ngay Nai
https://cambojanews.com/boys-more-at-risk-of-dropping-out-of-school-at-secondary-levels/
Cambodia - Next Oil and Natural Gas Frontier?
U.S. and Japanese companies are interested in prospecting for oil and natural gas in Cambodia. According to Phai Siphan, state secretary and spokesman of the Council of Ministers Office, in the provinces of Preah Vihear, Siemreab, and Kampong Thom there are 17 oil blocs covering ...
http://oilprice.com/Energy/Energy-General/Cambodia-Next-Oil-and-Natural-Gas-Frontier.html
Women slow to climb Cambodia's market
Women’s economic roles in Cambodia have made slower progress than in many other countries in the Asia-Pacific region, World Bank economists said yesterday. The region as a whole has seen tremendous gains in the way of gender equality during the past 20 years, but increasing wages ...
http://www.phnompenhpost.com/index.php/2012061956865/Business/women-not-on-top-in-market.html