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Sihanoukville ranks amongst the top global holiday destinations for 2018

The New York Times has released their starter kit for escaping into the world – their renowned list of the “52 best places to go in the world”. The beaches of Sihanoukville ranked at number 13 on the list amongst other top destinations such as ...

Realestate.com.kh
http://www.khmertimeskh.com/50102547/sihanoukville-ranks-amongst-the-top-global-holiday-destinations-for-2018/

ADB Report Links Corruption, Political Culture in Cambodia

The government is beset with high-level corruption, a lack of transparency in public procurements, poor auditing practices and political interference in the country’s main anti-corruption body, a report produced by the Asian Development Bank (ADB) sent to the media yesterday states. In a 66-page report that ...

http://www.cambodiadaily.com/business/adb-links-corruption-political-culture-6525/

Press release: $100 million climate-resilient road project to improve access to basic services, economic opportunities

On 16 July 2020, the World Bank’s Board of Executive Directors today approved a $100 million credit from the International Development Association (IDA) for the Cambodia Road Connectivity Improvement Project. The project will enhance rural communities’ access to critical services, such as health centers, referral ...

World Bank

Download: pdf

Ousted lawmakers vacate seats

Forty-four lawmakers from three political parties lost their status yesterday in the newly-formed National Assembly after winning no seats in the July 29 national election. ...

Khuon Narim
https://www.khmertimeskh.com/50530799/ousted-lawmakers-vacate-seats/

Draft budget law allocates $2.6bn for 2012

Total government spending in 2012 is set to reach $2.62 billion, an increase of 9 percent on the $2.4 billion the government had budgeted to spend in 2011, according to a copy of the 2012 draft budget law obtained yesterday. As part of the new budget, ...

RCEP, FTAs create more favorable trade, investment opportunities for investors in Cambodia

The Regional Comprehensive Economic Partnership (RCEP) free trade pact and bilateral free trade agreements (FTAs) have provided more favorable trade and investment opportunities for investors in Cambodia, a senior commerce ministry official said on Saturday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501277686/rcep-ftas-create-more-favorable-trade-investment-opportunities-for-investors-in-cambodia/

Civil society groups secure pledges from PM Hun Sen at forestry forum

Billed as a Cambodian first, the invitation of 500 civil society and community representatives to a forum on environmental issues with Prime Minister Hun Sen proved largely a platform for the premier to hold forth on policy and politics, with many observers bemoaning the sidelining ...

Jack Davies and Phak Seangly
http://www.phnompenhpost.com/national/civil-society-groups-secure-pledges-pm-hun-sen-forestry-forum

Violence ‘cost economy $1.5B’

The consequences and containment of violence cost the Cambodian economy over $1.5 billion in 2013, just under 10 per cent of its estimated GDP for the period, according to the Institute for Economics & Peace’s Global Peace Index released yesterday. According to IEP executive chairman ...

Stuart White
http://www.phnompenhpost.com/national/violence-%E2%80%98cost-economy-15b%E2%80%99

Ibis Rice exports on horizon

The Wildlife Conservation Society (WCS) says its Ibis Rice project has recorded a production surplus for the first time in its five-year history, prompting a bid to export the boutique product overseas. Concentrated in Preah Vihear province, Ibis Rice farmers produced more than 435 tonnes of ...

Eddie Morton
http://www.phnompenhpost.com/national/ibis-rice-exports-horizon

Announcement on the outcome of the first round meeting of the Committee for Policy Action for the Promotion of Small and Medium Enterprises

On 14 July 2020, Ministry of Economy and Finance has posted an announcement on its social media site about the outcome of the first round meeting of the Committee for Policy Action for the Promotion of Small and Medium Enterprises. The meeting discussed and agreed ...

Ministry of Economy and Finance

Download: pdf

Airline will offer more China trips

Cambodia Angkor Air plans to launch chartered flights between Siem Reap and the southeastern coastal Chinese city of Xiamen next month. The national flag carrier plans to take off for China for the first time on July 11, CAA Chairman Tek Reth Samrach said yesterday, the ...

Anne Renzenbrink
http://www.phnompenhpost.com/2013062566453/Business/airline-will-offer-more-china-trips.html

Cambodia's Anti-Corruption Unit receives 800 complaints in 8 months

Cambodia’s Anti-Corruption Unit (ACU) has received about 800 corruption-related complaints in the first eight months of this year, exceeding the whole last year of only 700 cases, Om Yintieng, ACU’s Chairman, said Thursday Cambodia is riddled with bribery and corruption. The Government of Cambodia sees corruption ...

http://www.globaltimes.cn/content/735760.shtml

Cambodian military visits Thai junta

Deputy Prime Minister General Tea Banh, who is also Cambodia’s defence minister and led the delegation of senior commanders, said Thailand under the National Council for Peace and Order (NCPO) was addressing the country’s problems in a clear manner and with the aim of restoring ...

The Nation News Staff
http://www.nationmultimedia.com/politics/Cambodian-military-visits-Thai-junta-30239706.html

Victims of SEZ Shooting Demand $95,000

Two female garment workers who were shot last month during a protest at a Svay Rieng province special economic zone (SEZ) filed a complaint with the provincial court yesterday accusing former deputy Bavet City Governor Chhuk Bundith of attempted murder. Bun Chenda, 21, and Nuth Sokhorn, ...

Kingdom scores low on human capital index

A report released yesterday by the World Economic Forum (WEF) underscores Cambodia’s poor performance at educating and training its citizens in order to develop a competitive workforce and put their skills to productive use.   ...

Cam McGrath
http://www.phnompenhpost.com/business/kingdom-scores-low-human-capital-index

PM: harness the Mekong region's economic power

The Greater Mekong Sub-region (GMS) has the potential to become a major global production center due to its favorable geographical location and its proximity to economic powerhouses in both Southeast and South Asia,  Prime Minister Hun Sen said yesterday. ...

May Kunmakara
http://www.khmertimeskh.com/news/31247/pm--harness-the-mekong-region-s-economic-power/

World Bank predicts GDP growth easing

The World Bank has predicted that Cambodia’s GDP will grow at a more modest 6.9 percent this year and next, and slow slightly to 6.7 percent in 2019.   ...

Sok Chan
http://www.khmertimeskh.com/news/37549/world-bank-predicts-gdp-growth-easing/

Thanks for giving me the best memories​ – Than Davit

During my three-month internship at ODC as a Research Intern, I worked closely with the Economy Researcher-Editor to assist the editor team in conducting research, producing more topics, collecting publication documents and data for publishing and uploading onto ODC’s platform. ...

Lawyer Asks to Participate in Shooting Probe

A lawyer representing the three victims of the Feb. 20 shooting of workers at a special economic zone (SEZ) in Svay Rieng province has written to investigators asking to be allowed to participate in the case. Chin Lyda, a lawyer for human rights group Licadho who is representing the three ...

Training centre to help locals climb ladder at garment firms

The Garment Manufacturer Association of Cambodia (GMAC) will launch its new vocational training centre next month, providing courses aimed at upgrading the skills of Cambodian workers in a bid to replace the middle-management positions currently occupied predominantly by foreigners. ...

Hor Kimsay
http://www.phnompenhpost.com/business/training-centre-help-locals-climb-ladder-garment-firms

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