Better infrastructure needed for trade: study
Cambodian goods benefit from the lowest export tariff rates in the world but the Kingdom’s trade is still held back by lengthy bureaucratic procedures and corruption, according to a new study by the World Economic Forum (WEF). The Global Enabling Trade Report 2016, a study published ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/better-infrastructure-needed-trade-study
Insurance becomes next emerging market
Cambodians are starting to learn about insurance, thanks to Canadian company Manulife, which held a press conference on the topic on Friday. Low awareness and a limited pool of skilled talent are challenges facing insurers in Cambodia according Prudential representative Pankaj Banerjee. Despite this, he said Prudential ...
Tax revenue up from 2011
Cambodia collected $633 million in taxes over the first 10 months of this year, a 31 per cent rise from $483 million over the same period last year, according to the General Department of Taxation. However, an opposition watchdog claimed the amount is still far ...
Puma Factory Reaps Rewards Of Paying for Workers’ Meals
A factory supplying shoes for German sports brand Puma has experienced no mass faintings and seen overall productivity improve since it started providing meals to its workers last year, a Puma representative and a factory official said yesterday. Workers at Huey Chuen (Cambodia) Corp. Ltd. in ...
Thai exports: Cambodia’s severe trade imbalance
The value of Cambodian exports to Thailand reached $163 million in the first half this year, an increase of about 21 per cent compared to the same period in 2012. Despite the rise, the number is minuscule next to imports from Thailand, because the Cambodian products ...
Hor Kimsay
http://www.phnompenhpost.com/business/thai-exports-cambodia%E2%80%99s-severe-trade-imbalance
Economic zone may go public
The Phnom Penh Special Economic Zone (PPSEZ) plans to raise money to fund an expansion through an initial public offering, a senior official from the Securities and Exchange Commission of Cambodia (SECC) said yesterday. If successful, PPSEZ could become one of the few companies to list on ...
May Kunmakara
http://www.phnompenhpost.com/business/economic-zone-may-go-public
Cambodia Faces Key Challenges in Effort to Tackle HIV/AIDS
Cambodia’s efforts to tackle HIV/AIDS over the past 15 years have won it praise, and put it well ahead of many other low-income countries. But some of those most involved in the fight against AIDS are worried that an array of challenges could see some of ...
Robert Carmichael
http://www.voanews.com/content/cambodia-faces-key-challenges-in-effort-to-takckle-hiv-aids/1961705.html
Education boost needed: PM
Prime Minister Hun Sen yesterday encouraged Cambodia to pick up the slack on its higher-education system in order to bolster the country’s economic competitiveness. “Training human resources is necessary to developing the labour market and encouraging investments,” the premier said during the Royal University of Law ...
Chhay Channyda and Laignee Barron
http://www.phnompenhpost.com/national/education-boost-needed-pm
Cambodia unveils regulation to protect entertainment workers
Cambodia’s Ministries of Labour and Tourism on Wednesday jointly launched a new regulation for protecting the occupational safety, health and labour rights of entertainment workers. “The regulation aims to improve working conditions, occupational safety and health rules of entertainment service enterprises, establishments and companies,”said a ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-10/08/c_133699392.htm
Cambodia near bottom in gov't openness index
Cambodia ranks near the bottom of 102 countries surveyed in a new index of government openness, scoring dead last in mechanisms through which complaints can be lodged against government officials and 98th in sanctions for officials’ misconduct. Overall, the Kingdom placed 98th in the World Justice ...
Sean Teehan
http://www.phnompenhpost.com/cambodia-near-bottom-govt-openness-index
Poor education poses future risk for Cambodia
The Minister of Education, Hang Choun Naron, has officially announced on Monday that the second exam for 12th graders who fail this year exam will take place either at the end of September or early October. The announcement came after the Minister was reported that ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=MThlYjFiMmJiMGF
IMF: Gov’t needs to address long-lasting employment
Economic data released this week by the International Monetary Foundation (IMF) shows that the long-lasting effects of five previous pandemics and their economic shocks have much worse effects on the employment prospects for workers with low levels of educational attainment. ...
Harrison White
https://www.khmertimeskh.com/50722552/imf-govt-needs-to-address-long-lasting-employment/
Geopacific Resources hits copper in first hole at Kou Sa, Cambodia
Geopacific Resources (ASX: GPR) has revealed results from the first drillhole at its untested Northern Porphyry prospect at Kou Sa in Cambodia. Copper sulphide mineralisation of 3.9 metres at 3.13% copper, with 0.06 metres at 5.2%, from 33.4 metres was intersected in a new area of the ...
Proactive Investors
http://www.proactiveinvestors.com.au/companies/news/53229/geopacific-resources-hits-copper-in-first-hole-at-kou-sa-cambodia-53229.html
Kingdom’s neighbours may start to ease restrictions
Cambodia’s bellwether neighbours – Thailand and Vietnam – have started to propose easing extreme COVID-19 restrictions that have devastated local economies and greatly affected civil society because of ultra-low rates of new infections and no new deaths last week. ...
Harrison White
https://www.khmertimeskh.com/50717221/kingdoms-neighbours-may-start-to-ease-restrictions/
‘Nov 28 incident’ not over; new cases found
The Ministry of Health said it was still too early for the government to declare an end to the outbreak of Covid-19 community transmissions, despite the relatively low number of cases since the first one was confirmed on November 28. ...
Mom Kunthear
https://www.phnompenhpost.com/national/nov-28-incident-not-over-new-cases-found
Water authority asks for responsible consumption this ongoing dry season
The Phnom Penh Water Supply Authority (PPWSA) has called on residents in the city centre to use water responsibly in order to enable clean water to reach citizens living on the outskirts of the city who are plagued by low water pressure issues that can ...
Tonle Sap fishermen claim a decline in fishing yield due to environmental factors
Some fishermen living in core areas of the Tonle Sap Biosphere Reserve in Kampong Thom province claim that fishing yields have been declining over the last three years due to low water levels in the wet season, forest fires in the dry season and climate ...
Rhea Mae Soco
https://www.khmertimeskh.com/50810402/tonle-sap-fishermen-claim-a-decline-in-fishing-yield-due-to-environmental-factors/
Kingdom receives more air quality gauges from China
The Ministry of Environment has received further assistance from China in the form of air quality, volume and vibration gauges. The equipment was provided as part of the China-South climate cooperation project on establishing low-carbon demonstration zones. ...
Voun Dara
https://www.phnompenhpost.com/national/kingdom-receives-more-air-quality-gauges-china
Delta in check, extension of capital curfew unlikely: Chhe
The Phnom Penh Municipal Administration has no plans to extend its nighttime curfew as the Delta variant of SARS-CoV-2 – the pathogen that causes Covid-19 – is now largely under control and new infections are low in number, a senior official said. ...
Lay Samean
https://www.phnompenhpost.com/national/delta-check-extension-capital-curfew-unlikely-chhe