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Japan provides $52M in grants

The Japanese government has provided more than $52 million in grants for Cambodia’s socio-economic development projects so far this year, the Ministry of Foreign Affairs and International Cooperation said. ...

Thou Vireak
https://www.phnompenhpost.com/business/japan-provides-52m-grants

Joint statement between Ministry of Economy and Finance and National Bank of Cambodia

As a result of the meeting dated on 27 January 2015, the Ministry of Economy and Finance and the National Bank of Cambodia condemn some humanitarian non-governmental organizations and associations that are lending money to people without licenses and registration at the bank, and ordered ...

Ministry of Economy and Finance and National Bank of Cambodia

Cambodian FM hails China's ties, cooperation with ASEAN, Cambodia

Cambodian Foreign Minister Hor Namhong has lauded China’s excellent ties and cooperation with ASEAN and Cambodia, saying that the close ties have brought peace, stability and development in the region. “China is the first country to establish with ASEAN in 2003 the ASEAN-China Strategic Partnership for ...

Global Times News Staff
http://www.globaltimes.cn/content/895544.shtml

Announcement on the outcomes of the 2nd meeting of the SME Promotion Policy Committee

On 21 January 2021, the Office Of the Council Of Ministers issued an announcement on the outcomes Of the 2nd meeting Of the SME Promotion Policy Committee, wherein the government approved the definition Of SMEs and the elimination Of overlapping procedures between ministries and institutions. ...

Office of the Council of Ministers

Download: pdf

Crane removed from Gold Tower 42

Last week, the crane on the top of Gold Tower 42 was removed, adding to the sense that the completion of the Korean-owned skyscraper is ultimately a distant hope. The owner of the unfinished skyscraper, sitting at the corner of Sihanouk and Monivong Boulevards entered into ...

http://www.phnompenhpost.com/Real-Estate/crane-removed-from-gold-tower-42.html

Campaign promotes free textbooks for students

Two NGOs on Monday launched an online campaign to galvanize public support for providing students with free textbooks after a survey found that 85 percent of high-school pupils lack the necessary books for their studies. The Khmer Institute for National Development (KIND) and the Affiliated Network ...

Khy Sovuthy
http://www.cambodiadaily.com/news/campaign-promotes-free-textbooks-for-students-67146/

Firm accused of ‘taking over’ community forest

Villagers in Ratanakkiri province’s O’Yadav district have filed a complaint with rights group Adhoc against a logging company they say has claimed more than 9,000 hectares of community forest as its own and threatened residents against using the land. ...

Phak Seangly
http://www.phnompenhpost.com/firm-accused-taking-over-community-forest

Minister calls for construction of plastic recycle plants in Bavet, Sihanoukville

Say Sam Al, Minister of Environment, on Thursday called for construction of plastic recycle plants in Bavet and Sihanoukville. Speaking at the meeting, the minister said that in the last 20 years Ministry of Environment as well as Cambodian government didn’t allow trash recycle in ...

The Cambodia Herlad
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NzAwNDJmMjdmZTN

Workers take pay dispute to ministry of labor

Hundreds of garment workers traveled from a Kompong Chhnang factory to Phnom Penh on Monday to petition the Ministry of Labor to intervene in their dispute with factory management. About 3,000 workers from the Chinese-owned Jiun Ye Garment factory have been striking since August 18, accusing ...

Ben Sokhean
http://www.cambodiadaily.com/news/workers-take-pay-dispute-to-ministry-of-labor-67148/

Factory shuts down, doesn’t pay salaries

About 400 garment workers arrived for their shifts and monthly pay at Phnom Penh’s Hongkong Yufeng factory Tuesday only to find it shuttered and its owner nowhere to be found, workers’ representatives said. “Today is payday for the workers and since the employer did not have ...

Mech Dara
http://www.cambodiadaily.com/business/factory-shuts-down-doesnt-pay-salaries-61076/

IMF forecasts Cambodia GDP at 6%, but warns of weak US, China growth

Following the pandemic, economic growth has been steady, the International Monetary Fund (IMF) said, with expansion projected at six percent in 2024, from an estimated 5.3 percent last year, thanks to tourism and non-garment exports. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/imf-forecasts-cambodia-gdp-at-6-but-warns-of-weak-us-china-growth

Unions set to begin first phase of nationwide strike

A coalition of 18 labor unions and associations is today set to begin the first phase of a nationwide labor strike in the garment sector by calling on workers in about 100 factories to boycott working overtime, according to union leaders. Despite efforts by the government ...

Mech Dara
http://www.cambodiadaily.com/news/unions-set-to-begin-first-phase-of-nationwide-strike-52989/

Japan Helps Cambodia Despite Difficulties

Japan on August 15th loaned Cambodia a package of US$ 53.3 million for the West Tonle Sap Irrigation and Drainage Improvement and a grant aid of US$ 0.7 million to improve education equipment of the Department of Geo-Resources and Geotechnical Engineering of the Institute of ...

http://thesoutheastasiaweekly.com/

Panalpina comes to Cambodia

Switzerland-based Panalpina Group, the world’s leading provider of forwarding and logistics services, specializing in intercontinental air and ocean freight and associated supply chain management solutions, officially opened its own office in Cambodia yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/28198/panalpina-comes-to-cambodia/

Cambodia reduces infant mortality

Cambodia is not meeting many of its UN Millennium Development Goals, which are coming due this year, but it has made progress in the reduction of infant mortality. Currently, 28 of 1,000 children born in Cambodia die before reaching the age of one. That number is ...

Men Kimseng
http://bit.ly/1IOq4mN

ASEAN initiate talks on digital economy framework agenda

ASEAN economic ministers have initiated talks on the Digital Economy Framework Agreement (DEFA), a significant regionwide accord set to shape the world’s foremost tech-driven financial systems partnership. The launch occurred during the ASEAN Economic Community Council (AECC) gathering, held in the Indonesian capital Jakarta on September ...

Ry Sochan
https://phnompenhpost.com/business/asean-initiate-talks-digital-economy-framework-agenda

Chinese company unveils development plan for eco-tourism farm in northeastern Cambodia

Macao’s Guo Hong (International) Investment and Development Co. Ltd was officially launched in Cambodia on Monday with an investment plan in developing a large- scale eco-tourism farm in northeastern Cambodia, the company’s Managing Director Wu Jinlong said. ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140623/chinese-company-unveils-development-plan-eco-tourism-farm-no

Appetite software could be adapted to Mekong fish farms

A newly developed fish-appetite detection system for aquaculture could be adapted for fish farms in the Lower Mekong region, it was reported Monday. Catch and Culture – Environment, the fisheries and environment newsletter of the Mekong River Commission,   said the system had been developed by Umitron ...

Thmey Thmey Staff
https://cambodianess.com/article/appetite-software-could-be-adapted-to-mekong-fish-farms

Lumber Tycoon Denies Allegations of Illegal Deforestation

The assistant of a lumber tycoon accused of major deforestation and forced evictions rejected Thursday the findings of a recent report by local rights groups. The Cambodian Human Rights Task Force said in its report that some 1,400 families had been pushed from their land by ...

Kong Sothanarith
http://www.voacambodia.com/content/lumber-tycoon-denies-allegations-of-illegal-deforestation-cambodia/1794954.html

MFIs defy typically slow first quarter

Total loans and deposits at the Kingdom’s microfinance institutions jumped in the first quarter of 2012 despite what is typically a slow season for the industry, insiders said yesterday. Loans outstanding reached US$708 million for the period ending on March 31, climbing 9.8 per cent from ...

http://www.phnompenhpost.com/index.php/2012050856024/Business/mfis-defy-typically-slow-first-quarter.html

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