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Jan-Aug Japan trade surges 17%

Bilateral trade between Cambodia and Japan in the first eight months of 2022 rose by more than one-sixth on-year, in a trend expected to carry into the foreseeable future, largely driven by agricultural exports from the Kingdom. Still, the business community is calling for greater ...

Hin Pisei
https://www.phnompenhpost.com/business/jan-aug-japan-trade-surges-17

Gov’t to intervene informal economy affected by inflation, says PM

The government on Wednesday approved a new mechanism to intervene in the informal economy by providing cash to Cambodian households who run informal businesses that are affected by inflation by November 2022 amid Russia’s ongoing invasion of Ukraine and sanctions, said Prime Minister Hun Sen ...

Kang Sothear
https://www.khmertimeskh.com/501164008/govt-to-intervene-informal-economy-affected-by-inflation-says-pm/

Hopes high for Kampong Chhnang logistics hub

Locally-owned KLP.T Transportation Co Ltd’s new multi-purpose port and logistics centre just east of Kampong Chhnang town is expected to provide a substantial boost to Cambodian freight movement, particularly of agricultural products from the provinces bordering Tonle Sap Lake to international markets. ...

Hin Pisei
https://www.phnompenhpost.com/business/hopes-high-kampong-chhnang-logistics-hub

Shipping link with three nations all set

CMA CGM Group, the third largest container shipping company worldwide and number one in France, is slated to launch the Yangon Cambodia Express (YCX), creating a direct link between Myanmar, Cambodia, Singapore and Malaysia, and industry insiders are hailing the service as a promising new ...

May Kunmakara
https://www.phnompenhpost.com/business/shipping-link-three-nations-all-set

No additional Covid rules for arrivals from China: PM

Cambodia will not follow in other countries’ footsteps in imposing any additional restrictions towards arrivals from mainland China, amid concerns that soaring Covid-19 cases there could drive the emergence of new and potentially more dangerous variants of the novel coronavirus, Prime Minister Hun Sen affirmed ...

Hin Pisei
https://www.phnompenhpost.com/business/no-additional-covid-rules-arrivals-china-pm

Australia unveils plans to develop three agri-food industrial parks

Australia plans to support the Cambodian Government in developing an Agri-food Industrial Park (AIP) in three main provinces. This initiative is expected to benefit the Cambodian economy by generating $5.1 billion and creating 100,000 new jobs, with 50 percent of these opportunities going to women. ...

Meas Molika
https://kiripost.com/stories/australia-unveils-plans-to-develop-three-agri-food-industrial-parks-cambodia

Cambodia’s policy toward China remains unchanged, says PM

In the new mandated government, Cambodia’s policy toward China remains unchanged, based on the spirit of traditional friendship, mutual trust and win-win cooperation. ...

Chea Vanyuth
https://www.khmertimeskh.com/501332389/cambodias-policy-toward-china-remains-unchanged-says-pm/

Cambodia and Canada ready to work more together for the mutual benefit of both countries

Sok Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, on October 25, received a courtesy call from Ping M. Kitnikone on the occasion of her appointment as the new Ambassador Extraordinary and Plenipotentiary of Canada to the Kingdom of Cambodia ...

Khmer Times Staff
https://www.khmertimeskh.com/501382298/cambodia-and-canada-ready-to-work-more-together-for-the-mutual-benefit-of-both-countries/

Gov’t to exempt patent tax for online press

The Royal Government of Cambodia (RGC) has agreed to exempt patent tax for small online press institutions as well as reduce 50 percent of the registration fee to the new press united in the Ministry of Information (MoI) for the next five years, said a ...

Nhean Chamrong
https://www.khmertimeskh.com/501398047/govt-to-exempt-patent-tax-for-online-press/

NBC policies in line with Pentagonal Strategy

The first plenary session of the new Council of Ministers under the leadership of Prime Minister Hun Manet has approved the Pentagonal Strategy-Phase 1 on August 24, 2023, to unleash a host of economic activities to be implemented to transform Cambodia into a high-income economy ...

Khmer Times Staff
https://www.khmertimeskh.com/501377575/nbc-policies-in-line-with-pentagonal-strategy/

U.S. reprimands Cambodia’s trafficking, online scam response: report

Cambodia was ranked lowest for its response to human trafficking by the U.S. for the third year in a row, with a new report saying that Cambodian officials have not done enough – and in some unnamed cases, have been complicit – in human trafficking ...

Mech Dara and Danielle Keeton-Olsen
https://cambojanews.com/u-s-reprimands-cambodias-trafficking-online-scam-response-report/

Worker wage hike negotiations begin today

A meeting to negotiate the new minimum wage for next year for the garment, travel goods and bag industries will start today with 51 representatives of the National Council on Minimum Wage (NCMW) from the government, along with workers and employers representatives, according to a ...

Sen David
https://www.khmertimeskh.com/501540952/worker-wage-hike-negotiations-begin-today/

Investment projects worth over $1.2B approved in August

A total of 53 new and expansion investment projects with a combined value of over $1 billion were approved by the government in August. These projects aim to enhance domestic production capacity and boost the export of Cambodian-made goods to international markets. ...

Post Staff
https://www.phnompenhpost.com/business/investment-projects-worth-over-1-2b-approved-in-august

Cambodia to integrate wind power into national grid by 2026

Wind power is set to be connected to Cambodia’s national grid by 2026, adding a new clean energy source to diversify and strengthen the country’s energy supply, supporting the government’s goal of making electricity more affordable and sustainable, according to the Ministry of Mines and ...

Hin Pisei
https://www.phnompenhpost.com/national/cambodia-to-integrate-wind-power-into-national-grid-by-2026

Chinese firms show feasibility of Light Railway connecting airport, metro in Phnom Penh

The feasibility of a Light Railway line connecting Phnom Penh to the new airport and planned city metro (subway) was presented by the China Metro Group and Guangzhou Metro Group to the Inter-Ministry Committee of Cambodia on Saturday, said the Council for the Development of ...

Rachel David
https://www.khmertimeskh.com/501457950/chinese-firms-show-feasibility-of-light-railway-connecting-airport-metro-in-phnom-penh/

Flooding damage to eclipse Typhoon Ketsana

As severe flooding continues to plague provinces along the Mekong River and around the Tonle Sap lake, new figures released by aid groups and officials yesterday showed that the scale of the disaster is far bigger than initially expected and could be worse than Typhoon ...

Dredging ends, effects linger

Ruling party Senator Ly Yong Phat has kept a promise to stop his company’s dredging operations on Koh Kong province’s Tatai river, relieved business owners and residents living along the waterway said yesterday. But provincial officials confirmed that as the senator’s dredging boats moved on to ...

http://www.phnompenhpost.com/index.php/2011102052249/National-news/dredging-ends-effects-linger.html

Two maids allegedly suffered abuse in Malaysia

Two new claims of abuse of Cambodian maids employed in Malaysia have emerged since Friday, including one case of a woman who returned home with severe mental trauma following alleged mistreatment by her Malaysian employer, the victims’ families said. Iy Thar, a villager from Kompong Thom ...

Kingdom inflation rises on oil prices

Inflation in Cambodia rose 5.8 per cent year-on-year in January, according to figures from the National Institute of Statistics. Rising fuel costs had spurred the inflation, which was felt largely in the price of food, officials said. Data showed food and non-alcoholic beverage prices in January increased ...

http://www.phnompenhpost.com/index.php/2012022754728/Business/kingdom-inflation-rises-on-oil-prices.html

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