Chinese firms seek investments in coconut farming in Cambodia
A group of investors from the Chinese province of Hainan is now in the Kingdom exploring opportunities in coconut farming. The delegation met yesterday with Minister of Agriculture Veng Sakhon in Phnom Penh to discuss the coconut sector in the Kingdom and announce their intention ...
Chea Vannak
https://www.khmertimeskh.com/50667072/chinese-firms-seek-investments-in-coconut-farming-in-cambodia/
Australia keen on investing in renewable energy in Cambodia
Australia is interested in investing in renewable energy in Cambodia such as hydropower and solar power. The interest was highlighted here yesterday by newly appointed Australian Ambassador to Cambodia, Pablo Chiho Kang, during a meeting with Oknha Kith Meng, president of the Cambodia Chamber of ...
Nika/AKP
https://www.khmertimeskh.com/50741056/australia-keen-on-investing-in-renewable-energy-in-cambodia/
Two people killed in mine explosion in Pursat
Two people were killed in an explosion on Monday after they attempted to rid their farm of an uncovered UXO in Pursat province’s Veal Veng district, officials said yesterday. ...
Som Kanika
https://www.khmertimeskh.com/50751817/two-people-killed-in-mine-explosion-in-pursat/
Minister tells local airline to restart flights in anticipation of international tourism’s re-opening in near future
Thong Khon, Minister of Tourism, has instructed local airline, Sky Angkor Airlines, to be ready to reopen tourist-passenger flights- as the Royal Government of Cambodia will be ready soon to reopen ‘safe’ international tourism. ...
Khmer Times Staff
https://www.khmertimeskh.com/50939598/minister-tells-local-airline-to-reopen-flights-in-anticipation-of-international-tourisms-re-opening-in-near-future/
25% jump in ‘newly poor’ in 10 months during Covid-19
The number of people classified as poor has gone up by 25 percent in the 10 months from June 2020 to April 2021 in Cambodia due to income decline and job losses following the spread of Covid-19, said a survey by the Asia Foundation. ...
Manoj Mathew
https://www.khmertimeskh.com/501146871/25-jump-in-newly-poor-in-10-months-during-covid-19/
World Bank finds Cambodia’s increase in financial inclusion among fastest in region
The World Bank says Cambodia has one of the fastest increases in financial inclusion among developing economies in East Asia and the Pacific. ...
Khmer Times Staff
https://www.khmertimeskh.com/501104946/world-bank-finds-cambodias-increase-in-financial-inclusion-among-fastest-in-region/
Credit cards in Cambodia grow 20 percent in 2023
Credit cards in Cambodia have grown 20 percent in 2023, showing that customers have become more savvy in using new financial instruments. ...
Rachel David
https://www.khmertimeskh.com/501539693/credit-cards-in-cambodia-grow-20-percent-in-2023/
Insurance revenue up 18.2% in first seven months
Revenue generated from insurance premiums in the first seven months of 2011 has grown 18.2% to $15.89 million compared to the same period last year, according to statistics released yesterday by the General insurance Association of Cambodia. The figures show that revenue from fire premiums increased ...
Angkor Air to start flights to Sihanoukville in December
The national carrier Angkor Air will launch a regular flight service on December 14 between Siem Reap and Sihanoukville, said Quang Dinh, assistant to the CEO of Cambodia Angkor Air, yesterday This will be the first time that Sihanoukville, the nation’s main coastal destination, will receive ...
Mega-projects lead to big growth in approved investments
Approved investments in Cambodia reached $5.6 billion during the first nine months of the year, a 305 percent increase compared to the same period the year before, according to data from the Council of the Development of Cambodia (CDC). Last year’s approved investments during the same ...
Three shot at Cambodian factory protest in Svay Rieng
At least three workers have been shot and hurt in a protest at an industrial zone in Cambodia. Several hundred employees were demonstrating outside sportswear factories in Svay Rieng province, in the east of the country. The workers were calling for higher wages and better working ...
JS Global (Cambodia) Brings in Korean Rice Milling Machines
JS Global (Cambodia), a Phnom Penh-based organization that aims to promote trade between Cambodia and other countries, is importing rice milling machines, manufactured by Dong Yang industries. Dong Yang industries, a Korean company established in 1955, has developed its own technology since 1990 to manufacture ...
Inflation Hits 7.1 Percent in June, Officials Say
Inflation reached 7.1 percent In June compared to the same month last year as consumer prices contInued to rise In Cambodia, an official at the MInistry for PlannIng said yesterday. The release of the Inflation figure comes after officials and the mInistry said earlier this ...
Villagers Complain as Land is Razed in Oddor Meanchey
A fleet of bulldozers owned by an unknown company and accompanied by armed RCAF soldiers began razing some 300 hectares of contested farmland in Oddor Meanchey’s Anlong Veng district yesterday, village representatives said. “There were four soldiers with RCAF uniforms and AK-47s and every bulldozer ...
1st Chinese Animal Feed Mill Launches in Cambodia
Phnom Penh–The first Chinese animal feed mill officially inaugurated here on Sunday, bringing the number of the same kind of factories in the country to five, said Cambodian Minister of Agriculture. “The factory is a new achievement of good cooperation between the governments and the peoples ...
http://news.xinhuanet.com/english2010/china/2011-08/28/c_131079538.htm
China's investment in Cambodia reaches 8.8 bln USD
PHNOM PENH– Cambodia has received 8.8 billion U.S. dollars of investments from China from 1994 to July 2011, making China the leading country in the investments in the country, according to the reports from the Council for the Development of Cambodia (CDC) on Tuesday. The ...
http://news.xinhuanet.com/english2010/china/2011-09/06/c_131104903.htm
Locals protest Pheapimex land clearance; deny role in murder
About 200 villagers, who have been embroiled in a long-running land dispute with the well-connected agro-business Pheapimex over a 316,000-hectare economic land concession in Pursat province, staged a protest yesterday against the company’s continued efforts to clear their farmland. The protests came just three days after ...
Four companies narrow in on Phnom Penh bus service
Seven months after City Hall called for companies to submit proposals for the city’s first-ever bus service, Phnom Penh Municipality has announced that four out of seven companies who have shown interest will be considered. The municipality in May and June 2011 invited all interested companies ...
US supports $2.7m in loans for agriculture
The US government is working with a Cambodian microfinance institution to finance $2.7million in loans to farmers and small- and medium-sized agro-businesses in Battambang, Kompong Thom, Pursat and Siem Reap provinces in order to improve their access to credit, the US Embassy said. USAid will work ...
Prayer Ceremony Held In Attempt to Stop Dam Construction
About 400 indigenous Lao villagers prayed and sacrificed chickens to a powerful local spirit yesterday in Stung Treng province, seeking supernatural help in halting the planned construction of the Lower Sesan 2 Dam, villagers and commune officials said yesterday. The hydropower projects, funded by Vietnam ...
