PTT signs agreement to set up retail oil venture in Myanmar
PTT Plc, the national energy conglomerate, is moving forward with plans to establish a retail oil business in Myanmar by working with a local partner Currently, oil consumption per head in the neighbouring country is very low at 38 litres annually, compared to 140 litres in ...
Infrastructure spending rises
Between 2008 and 2012, Cambodia’s spending on public infrastructure amounted to about US$2.5 billion — a sum an opposition politician says is too low and is ineffectively put to use. In his opening remarks at the seventh Cambodia Outlook Conference, Prime Minister Hun Sen said public ...
http://www.phnompenhpost.com/2013022261558/Business/infrastructure-spending-rises.html
Cambodia, U.S. sign emissions reduction agreement
Cambodia and the United States on Friday signed a Memorandum of Understanding on low emissions and climate resilient development in Cambodia, according to a press statement from the U.S. Embassy to Phnom Penh. The deal was inked between Cambodian Minister of Environment Mok Mareth and Rebecca ...
http://www.china.org.cn/environment/2013-05/31/content_28997411.htm
Cambodians income rose four times in two decades
Cambodia’s per capita income increased four times in two decades since the Kingdom held its first United Nations supported democratic election in 1993, according to a report from Cambodia’s Development and Research Institute. In 1993, the country’s per capita income was only $240 USD per year, ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZWIxMzQ0ODVmZmQ
Sobering data on drownings
Compared to their peers in the region, Cambodian children are much more likely to die by drowning, according to new estimates from the World Health Organization. The WHO, which provided country-specific statistics alongside its new Global Report on Drowning, released yesterday, estimates that the risk of ...
Joe Freeman
http://phnompenhpost.com/national/sobering-data-drownings
Cambodians flock to the net
Internet use in Cambodia grew a staggering 414 per cent since January 2014, but penetration still remains relatively low at 25 per cent, according to a new report from a Singapore-based consultancy firm. The Digital, Social and Mobile in APAC 2015 report, published yesterday by We ...
Ananth Baliga
http://www.phnompenhpost.com/cambodians-flock-net
Two Thai provinces to open border for Cambodians seeking emergency medical help
While Cambodia and Thailand are continuing a lockdown of their common border to prevent the spread of the coronavirus, low-level negotiations between both sides at the Oddar Meanchay international checkpoints have yielded a compromise – The Thais will allow residents in the province needing medical ...
Khuon Narim
https://www.khmertimeskh.com/724587/two-thai-provinces-to-open-border-for-cambodians-seeking-emergency-medical-help/
Kingdom may drop quarantine for vaccinated tourists in Q4
The Ministry of Tourism will work with the Ministry of Health to evaluate the feasibility of international tourists from low-risk countries and territories who have been fully vaccinated against the novel coronavirus to enter the Kingdom with little or no quarantine stay. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-may-drop-quarantine-vaccinated-tourists-q4
Tina enlists EuroCham in push for agri loans
Minister of Agriculture, Forestry and Fisheries Dith Tina on March 27 asked the European Chamber of Commerce in Cambodia (EuroCham) to work with European banks to look into providing greater access to low-interest loans for Cambodian individuals and entities, with a focus on setting the ...
Hin Pisei
https://www.phnompenhpost.com/business/tina-enlists-eurocham-push-agri-loans
Tina enlists EuroCham in push for agri loans
Minister of Agriculture, Forestry and Fisheries Dith Tina on March 27 asked the European Chamber of Commerce in Cambodia (EuroCham) to work with European banks to look into providing greater access to low-interest loans for Cambodian individuals and entities, with a focus on setting the ...
Hin Pisei
https://www.phnompenhpost.com/business/tina-enlists-eurocham-push-agri-loans
Locals bypass road projects
As much as local people are benefiting from the Asian Development Bank’s (ADB) recovery project following last year’s record floods, they aren’t receiving all the benefits they could, according to some accounts. Operating in five provinces of Cambodia to restore road access to those affected by the floods, ...
http://www.phnompenhpost.com/index.php/2012090658527/Business/locals-bypass-adb-road-projects.html
Issues with Kingdom's rice exports
Cambodian rice trader TTY Corporation has said the Kingdom cannot meet a new 200,000-tonne export quota for shipping high-quality rice to China. State-owned Sinograin’s order for three varieties of milled fragrant rice was a deviation from an agreement struck with TTY in August, TTY deputy director-general ...
http://www.phnompenhpost.com/index.php/2011111552751/Business/issues-with-kingdoms-rice-exports.html
Police Chiefs Told to Stop Taking Wages
The National Police commissioner has ordered police chiefs to stop taking money from law enforcement officials’ salaries for apparent good causes. A statement signed by General Neth Savoeun, dated August 22 but obtained Thursday, said police chiefs at all levels must cease the practice, which takes ...
Khuon Narim
http://www.cambodiadaily.com/news/police-chiefs-told-to-stop-taking-wages-41449/
Thai fishing industry under spotlight
Far stricter monitoring of the recruitment and employment of Cambodians and other migrant labourers is needed to ensure the future of the Thai fishing industry, a new study by the International Labour Organization warns. Two and a half per cent of the 241 Cambodians interviewed ...
Abby Seiff
http://www.phnompenhpost.com/national/thai-fishing-industry-under-spotlight
Siem Reap airport to ‘boost’ tourism
The private sector in Siem Reap’s tourism industry is optimistic that the new Siem Reap-Angkor International Airport (SAI), set to officially open in early December, will boost international tourist numbers. The rise is anticipated despite the currently low numbers of international arrivals, a lingering effect ...
Hin Pisei
https://www.phnompenhpost.com/business/siem-reap-airport-boost-tourism
ADB mandate inked for 2GW of solar
The state-owned power utility is set to undertake a nationwide study on ways to harness an additional 2GW capacity of solar energy proposed by a regional lender, in a pilot project expected to spur up to $100 million in investments that aims to illustrate how ...
May Kunmakara
https://www.phnompenhpost.com/business/adb-mandate-inked-2gw-solar
Asia Rice- Thai Exporters Seek Vietnamese, Cambodian Rice To Meet Deals
Demand for low-quality white rice from African buyers has forced Thai exporters to purchase additional stocks from Cambodia and Vietnam to meet orders because domestic rice is in short supply due to government buying scheme, traders said on Wednesday. The price of 25 per cent broken grade Thai ...
Cambodia faces risks from a credit boom, the IMF warns
The International Monetary Fund has warned that a credit boom in Cambodia poses a threat to economic growth. Banks have been cutting interest rates to win customers and private sector credit has increased by almost a third in the past 12 months, the fund said. This ...
Fish exports performed swimmingly in 2012
Exports of Cambodian fish and shellfish products reached 1,618 tonnes last year, worth $3.5 million, a 16 per cent increase from 1,391 tonnes in 2011, according to figures from the Ministry of Commerce. “A major share of the total exports last year was from saltwater fish ...
Investment Needed to Reach Rice Export Target
Cambodia exported just 78,000 tons of milled rice through the first eight months of 2012, and if the government is to reach its target of exporting 1 million tons each year by 2015 the agriculture sector needs more access to financing, participants at the Cambodian ...