RCEP can help Cambodia’s exports to grow upto 18%
Structural changes to be brought by Regional Comprehensive Economic Partnership (RCEP) can raise Cambodia’s exports between 9.4 percent and 18 percent annually, according to experts. ...
Manoj Mathew
https://www.khmertimeskh.com/501184698/rcep-can-help-cambodias-exports-to-grow-upto-18/
China speaks highly of friendship with Cambodia ahead of PM Hun Sen’s visit
At the invitation of Chinese Premier Li Keqiang, Cambodian Prime Minister Techo Hun Sen will pay an official visit to China from February 9 to 11. ...
Khmer Times Staff
https://www.khmertimeskh.com/501234098/china-speaks-highly-of-friendship-with-cambodia-ahead-of-pm-hun-sens-visit/
Cambodia and UAE negotiate trade deal
Cambodia and the United Arab Emirates (UAE) have thrashed out a deal after three rounds of negotiations over the Comprehensive Economic Partnership (CEPA) trade agreement. ...
Mao Sreypich
https://kiripost.com/stories/cambodia-and-uae-negotiate-trade-deal
Sold
Last year saw a record increase in economic land concessions and the area controlled by agro-industrial companies jumped to more than 2 million hectares nationwide, according to human rights groups who track such projects. Mining companies are also flocking to Cambodia and those already have ...
http://www.camnet.com.kh/cambodia.daily/selected_features/Carving%20Up%20Cambodia.pdf
Preah Sihanouk villagers seeking intervention over land dispute
Nearly 300 people representing 9,095 families in Preah Sihanouk province on Monday filed a petition to the provincial administration seeking intervention in a long-running land dispute. The villagers submitted the petition after their initial request to hold a march to coincide with the 71st international ...
Voun Dara
https://www.phnompenhpost.com/national/preah-sihanouk-villagers-seeking-intervention-over-land-dispute
Credit growth in Cambodia's banking sector slightly up in 1st two months
Cambodia’s banking industry recorded a slight increase in lending in the first two months of this year after a sharp rise last year, according to a consolidated data provided by the National Bank of Cambodia (NBC) on Saturday. The data showed that the kingdom’s 33 commercial ...
http://www.asean-china-center.org/english/2013-04/28/c_132347546.htm
Family Accepts $9000 over Collapse Death
The family of a worker who was killed when a ceiling collapsed at Kompong Spue province footwear factory lasts week has accepted 9,000 in compensation, and in return has agreed not file a complaint against the company, the deceased’s wife said yesterday. Rim Sarouen, 22, ...
Inflation Hits 14-Month High As Food Prices Continue to Rise
Inflation rose to 6.5 percent in May when compared to the same time last year, marking a 14 month high. Consumer prices are also shown to have risen by 1.4 percent with meat, fish and vegetables as the main culprit as they increased as well. ...
Microfinance up on agriculture advance
The Kingdom’s growing agricultural sector is leading to more loans and deposits at microfinance institutions. The small-scale lenders also credit the boost in Cambodia’s agro-industry for declining non-performing loans rates. The MFI’s lending totalled $51 million to 4,900 borrowers at the end of June, whiles ...
Half a million landed homes by 2030: VTrust
The document, titled Phnom Penh 2030, showed that landed homes will increase threefold over the next 13 years. The valuation company claims the total currently stands at 150,000 but will hit 450,000 by 2030. VTrust’s report anticipates an average of 25,000 new landed units to hit ...
Thmey Thmey Staff
https://cambodianess.com/article/half-a-million-landed-homes-by-2030-vtrust
Japan to provide $28 million grant for PP sewage infrastructure
Japan has awarded Cambodia a three billion yen ($27.9 million) grant for a sewer development project in Phnom Penh to help ease flooding in parts of the capital, the Ministry of Foreign Affairs and International Cooperation said on Wednesday. Its minister who is also Deputy ...
Ry Sochan
https://www.phnompenhpost.com/national/japan-provide-28-million-grant-pp-sewage-infrastructure
GNC: Youths ‘forced’ into drugs
NGO Good Neighbours Cambodia (GNC) has released a report which said that 3.4 per cent of youths had tried drugs and another 4.9 per cent were enticed or forced into using narcotics by friends and neighbours. GNC said a survey of 283 youths from 13 ...
Khorn Savi
https://www.phnompenhpost.com/national/gnc-youths-forced-drugs
Japan gives $32M for UXO projects, Phnom Penh buses
Japan has pledged to help fund three projects in Cambodia with a grant totalling about $31.9 million. Cambodian Ministry of Foreign Affairs Secretary of State Long Visalo met with Japanese Ambassador to Cambodia Yuji Kumamaru yesterday for a signing ceremony to officially award the funding. One of ...
Vong Sokheng
http://www.phnompenhpost.com/national/japan-gives-32m-uxo-projects-phnom-penh-buses
Japan grant for electricity access
The Japanese government announced yesterday that it would provide almost $9 million to improve electricity access in the Kingdom that would enable Cambodians to enjoy better quality electricity services. Speaking at the signing ceremony at the Ministry of Foreign Affairs in Phnom Penh, Foreign Minister Prak ...
Chea Vannak
http://www.khmertimeskh.com/news/29192/japan-grant-for-electricity-access/
PM backs China’s key role
Prime Minister Hun Sen said yesterday that China has been playing a critical role in contributing to the development of the Cambodian economy through direct investment and helping to develop infrastructure. In 2016 trade reached about $4.8 billion of which exports from Cambodia amounted to ...
May Kunmakara
http://www.khmertimeskh.com/news/37454/pm-backs-china---s-key-role/
Cambodia Finally Starts Stock Trading
Nine months after Cambodia’s stock exchange was officially launched, the country’s first share started trading Wednesday, with the initial public offering of state-owned Phnom Penh Water Supply Authority. PPWSA’s stock, priced at 6,300 riel (US$1.57), jumped 48% to 9,300 riel, according to the data from the ...
http://blogs.wsj.com/deals/2012/04/18/cambodia-finally-starts-stock-trading/
SECC plans same-day settlement on trading
The Securities and Exchange Commission of Cambodia (SECC) is planning new measures for trading on the local stock exchange that it says will encourage investors to trade more actively. Investors currently need to wait for six intervals – occurring every half-hour between 8.30am and 11.30am – ...
Hor Kimsay
http://www.phnompenhpost.com/business/secc-plans-same-day-settlement-trading
Tax regulation gets a shake up
In an effort to centralise tax registrations and improve taxpayer accountability, the Ministry of Economy and Finance (MoEF) this month passed a raft of changes to the country’s tax registration regulations. Prakas 1139, issued by the MoEF on October 9, states that all legal entities including ...
Eddie Morton
http://phnompenhpost.com/post-weekend/tax-regulation-gets-shakeup
Cambodia's trade volume exceeds 16 bln USD in 11 months
Cambodia’s trade volume with foreign countries rose by 16 percent year on year in the first eleven months of 2014, according to data from the Ministry of Commerce on Tuesday. The country exported products in equivalent to 7.05 billion U.S. dollars, up 12 percent year-on-year ...
EastDay.com News Staff
http://english.eastday.com/auto/eastday/business/u1ai8467542.html
Cambodia to attend ASEAN defense ministers'meeting in Malaysia
Cambodian Deputy Prime Minister and Defense Minister Gen. Tea Banh left for Langkawi, Malaysia on Sunday to attend the 9th ASEAN Defense Ministers’ Meeting to be held from Monday. “The ASEAN defense ministers will review the latest development of security and defense situation in ASEAN,” ...
Global Post News Staff
http://bit.ly/1CkICdO