Government unit publishes 132-page treatise on threat of ‘colour revolution’
The Council of Ministers released a no-holds-barred book about its efforts to root out a purported foreign-backed “colour revolution” in Cambodia yesterday, lashing out at superpowers like the United States for supposedly trying to cause “immeasurable catastrophe” in the country. ...
Mech Dara and Daphne Chen
http://www.phnompenhpost.com/national-politics/government-unit-publishes-132-page-treatise-threat-colour-revolution
Economy to stay healthy this year, says MEF
The Ministry of Economy and Finance’s review report on budget implementation in the first half of 2023 projected Cambodian economic growth at 5.6 percent this year amidst external factors that affected global growth. ...
Chea Vanyuth
https://www.khmertimeskh.com/501340003/economy-to-stay-healthy-this-year-says-mef/
Gov’t lowers 2023 growth forecast from 6.6% to 5.6%
The government has revised down its 2023 growth forecast for the Cambodian economy to 5.6 per cent versus the 6.6 per cent it put forth in October, citing uncertainty about global economic growth tied to the Ukraine conflict, climate change and the Covid-19 crisis. ...
Hin Pisei
https://www.phnompenhpost.com/national/govt-lowers-2023-growth-forecast-66-56
Gains not losses: Key factors that affect share prices in the market
Share price fluctuations can either create opportunities for gains for investors – or potentially be the cause of losses. Factors that drive demand (buying orders) higher than supply (selling orders) will generally lead to an increase in stock price. Conversely, any that drive supply higher ...
BIDV to open in Phnom Penh
A subsidiary of the Bank for Investment and Development of Viet Nam (BIDV) opened its seventh branch in Mean Chey District, Phnom Penh, on Sunday. The new branch is also expected to meet local demand and boost the development of trade and investment ties between ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YTY2YzNlODE3YTk
Shuttered schools, factories
With only about 10 per cent of its 1,000-person workforce at their stations by 8am yesterday, management at Hoyear (Cambodia) Garment Ltd cut its losses and announced that the factory would close for the next two days. Thousands across the capital opted out of work ...
Sean Teehan, Laignee Barron and Mom Kunthear
http://www.phnompenhpost.com/national/shuttered-schools-factories
UN report highlights escalation of tensions in Cambodia
Shrinking political and civic space in the Kingdom is highlighted in a new report from the United Nations’ human rights commissioner and secretary-general ahead of a UN Human Rights Council discussion this month on Cambodia. ...
Leonie Kijewski
http://www.phnompenhpost.com/national/un-report-highlights-escalation-tensions-cambodia
Tax revenue fills coffers of the state
The government’s tax revenue saw a sharp increase of about 22 percent in the first five months of the year, compared with the same period last year, with some $763 million collected by the General Department of Customs and Excise. ...
Sum Manet
http://www.khmertimeskh.com/news/25916/tax-revenue-fills-coffers-of-the-state/
Study links toilet usage, height
A new study has found that open defecation, which is still commonly practised in Cambodia, has direct links to reduced heights in children, with a decrease in the practice over five years leading to increases in height. ...
Andrew Nachemson
http://www.phnompenhpost.com/national/study-links-toilet-usage-height
Joint press release German government-funded study confirms grave problems in Cambodia’s microfinance sector
On 14 September 2022, the Cambodia League For the Promotion and Defense of Human Rights (LICADHO) released a joint press on a study commissioned by the Federal Ministry for Economic Cooperation and Development (BMZ) provides further evidence of widespread over-indebtedness in Cambodia, resulting in an ...
Cambodia League For the Promotion and Defense of Human Rights (LICADHO)
Joint statement of Cambodia Microfinance Association and Association of Banks in Cambodia on the German government-funded study
On 16 September 2022, the Association of Banks in Cambodia and Cambodia Microfinance Association issue a joint statement on a study entitled “Micro” Finance in Cambodia: Development, Challenges, and Recommendations commissioned by the Federal Ministry for Economic Cooperation and Development (BMZ). ...
Cambodia Microfinance Association
International trade tops $23 billion in H1
International trade for Cambodia amounted to $23.69 billion in the first six months of this year, a 13% decrease compared to the same period last year, the General Department of Customs and Excise report showed on Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501322261/international-trade-tops-23-billion-in-h1/
List of new National Assembly members approved
The National Election Committee (NEC) has approved new candidates to fill National Assembly seats left vacant by the dissolution of the opposition, drastically changing the composition of Cambodia’s parliament and providing a shot in the arm for the ailing royalist Funcinpec party. ...
Niem Chheng and Ananth Baliga
http://www.phnompenhpost.com/national-politics/list-new-national-assembly-members-approved
Press release: Economic and social impact assessment of COVID-19 in Cambodia
On 08 October 2020, the UNDP Cambodia issued a press release of a policy brief that assesses the socioeconomic impacts of COVID-19 in Cambodia. It was launched yesterday by the UN Development Programme (UNDP) through careful consultation with the Ministry of Economy and Finance (MEF) ...
UN Development Programme Cambodia
Cambodia’s economy expected to grow 6.4 pct in 2024
The Cambodian economy is projected to grow by 6.4 percent in 2024, up from 5.5 percent in 2023, mainly driven by tourism and manufacturing sector, National Bank of Cambodia (NBC)’s Governor Chea Serey said on Friday. ...
Xinhua
https://www.khmertimeskh.com/501430154/cambodias-economy-expected-to-grow-6-4-pct-in-2024/
Long-awaited RCEP signing ‘bodes well for economic upturn’
The long-awaited Asia-Pacific Regional Comprehensive Economic Partnership (RCEP) agreement was officially signed yesterday. The signing brings renewed hopes for comprehensive change in the flow of regional trade and investment and the promotion of intra-bloc supply chains capable of bolstering trust among members of the region’s ...
Sok Chan
https://www.khmertimeskh.com/50783043/long-awaited-rcep-signing-bodes-well-for-economic-upturn/
New initiatives in Cambodia revolutionise payment options for tourists
Cambodia is set to expand its payment options for tourists by implementing blockchain-based central bank digital currency (CBDC) partnerships. This move is part of the country’s strategy to modernize its tourism sector, recognizing the significant role it plays in the Cambodian economy. ...
Khmer Times Staff
https://www.khmertimeskh.com/501405449/new-initiatives-in-cambodia-revolutionise-payment-options-for-tourists/
Striking teachers call for principal’s ouster
Teachers at a Takeo province high school who began striking yesterday said they will not return to work until the principal, who allegedly embezzled school budget funds, is removed. Nearly 30 of 50 teachers at Sok An Kdey Tontoem High school in Takeo’s Samrong district walked ...
Chhay Channyda
http://www.phnompenhpost.com/national/striking-teachers-call-principals-ouster
Teachers group urges ministry to open access to exam
Cambodia’s Independent Civil Servants Association (CICA) has written to the minister of education to request teachers and education officials be given equal access to an exam allowing them to move up the ministry’s pay scale. The association claims the ministry has made recent changes to a ...
Chhay Channyda
http://www.phnompenhpost.com/national/teachers-group-urges-ministry-open-access-exam
SMEs seek own SEZ
The Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) is now pushing for the establishment of a special economic zone (SEZ) for small and medium sized enterprises and is currently discussing such a move with the Ministry of Industry, Mines and Energy, ...
http://www.phnompenhpost.com/index.php/2012071857474/Business/smes-seek-own-sez.html