First Trial Involving Minister’s Wife Commences
The first trial in a long-running land dispute with the wife of Industry, Mines and Energy Minister Suy Sem will start today at the Kompong Chhnang Provincial Court, a human rights worker and court officer said yesterday. Court prosecutor Penh Vibol confirmed that the court would ...
Government sticks to plan on power price cuts ahead of election
Officials appeared to walk back a promise to issue larger-than-average electricity price reductions ahead of July’s elections, instead following a previously announced plan to make small reductions in costs. Ty Norin, chairman of the Electricity Authority of Cambodia (EAC), released a statement earlier this month announcing ...
Hor Kimsay
http://www.phnompenhpost.com/business/government-sticks-plan-power-price-cuts-ahead-election
Malaysia - Cambodia Trade And Investment Performance 2011
Cambodia and Malaysia trade and investment are increasing subsequently as the two members of ASEAN are trying to boost the integration for ASEAN community in 2015. The report from the embassy of Malaysia here said: as for trade performance in 2012, for the first quarter of 2012, Malaysia recorded an increase of 5.32 percent. Total trade ...
Axiata's Cambodian unit expands through M&A
Axiata Group Bhd is set to strengthen its foothold in Cambodia through a merger between Hello Axiata Company Ltd and Latelz Company Ltd, which it acquires for a consideration of US$155mil (RM473mil). In a statement, Axiata announced that its Cambodian arm had entered into a sales ...
http://biz.thestar.com.my/news/story.asp?file=/2012/12/13/business/20121213134936&sec=business
Beeline In Negotiations with Potential Buyer
VimpelCom, the parent company of local mobile operator Beeline, is looking to sell the majority share of its Cambodian assets and has entered into negations with a possible buyer, according to a document obtained yesterday. “VimpelCom intends to dispose its entire indirect 90.0 percent stake in ...
http://www.cambodiadaily.com/business/beeline-in-negotiations-with-potential-buyer-16275/
Business cluster to boost economy
The $30 million Worldbridge SME (small and medium enterprise) Cluster will break ground next month, according to a senior executive of Worldbridge Industrial Developments, the company behind the Industry 4.0 infrastructure. ...
Sok Chan
https://www.khmertimeskh.com/50762433/business-cluster-to-boost-economy/
Trade with Japan extends growth in 2021Cam
Bilateral trade volume between Cambodia and Japan topped $1.700 billion in 2021, marking a small increase of 0.49 per cent from more than $1.692 billion a year earlier, according to preliminary data from the Ministry of Commerce. ...
Hom Phanet
https://www.phnompenhpost.com/business/trade-japan-extends-growth-2021
China launches $44.4b real estate fund
Cambodian analysts weighed in on China’s $44.4 billion real estate fund, banking on hopes that the program can raise funds to bankroll the purchase of unfinished buildings and complete their construction. ...
Penh Chamroeun
https://kiripost.com/stories/china-launches-444b-real-estate-fund
Bilateral trade with Thailand nearly $342M
Bilateral trade between Cambodia and Thailand reached $341.8 million in the first month of 2024, marking a slight increase of 0.2% over the same period last year, as reported by the General Department of Customs and Excise (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/bilateral-trade-with-thailand-nearly-342m
Open Development Cambodia updates an existing dataset on “State land reclassification”
Open Development Cambodia (ODC) updates an existing dataset on “State land reclassification” by adding one new map layer on land reclassification in Tboung Khmum province. This dataset contains information regarding the establishment of land as state public properties and the reclassification to state private properties ...
Forest protection
Deforestation has always been a problem in Cambodia since the 1970s, and it has aggravated inthe last decade. Some protected areas have been deforested. Between 2001 and 2018, Cambodia had lost 557,000 hectares (11.7%) of forest cover in protected areas.1 This loss has had an ...
Cambodian exports to Malaysia almost double in 2012
Cambodia’s exports to Malaysia almost doubled from $55.5 million a year earlier to $101 million in 2012, the Malaysian Embassy said. Exports were led by crude rubber at $69.1 million followed by milled rice at $24.3 million, up sharply from $9.5 million in 2011 and ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MWU5MWViZGE1NTc
CPI: cost of living falls slightly
The Kingdom’s consumer price index declined by 0.1 per cent in October for the first time in 2012 due to a decline in food and gasoline prices and a stable US dollar exchange rate, according to official data released by the National Institute of Statistics ...
http://www.phnompenhpost.com/index.php/2012112359895/Business/cpi-cost-of-living-falls-slightly.html
About 871,000 Cambodians travel abroad in 2013, up 10 pct
The number of Cambodia’s outbound travelers increased by 10 percent year-on-year to 871,000 last year, a report of the Ministry of Tourism showed Tuesday. Ang Kim Eang, president of Cambodia Association of Travel Agents, which represents about 220 tour and travel companies, said most of Cambodian ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-02/18/c_133124854.htm
Satellite data suggests forest loss is accelerating
Satellite images suggest tropical forests from the Amazon to the Philippines are disappearing at a far more rapid pace than previously thought, a University of Maryland team of forest researchers say. Tropical Asia showed the second largest increase in deforestation with 0.8 million hectares (about ...
Kyle Plantz
http://uk.reuters.com/article/2015/03/02/us-forest-satellites-idUKKBN0LY1M720150302
Self-sufficiency in 3 years: minister
Cambodia’s energy minister promised lawmakers from the National Assembly’s public works and energy commission yesterday that the country will be weaned off of foreign electricity imports within three years, the commission’s vice chairman said in a press conference after the meeting. According to Mao Monyvann, a ...
Pech Sotheary
http://www.phnompenhpost.com/self-sufficiency-3-years-minister
Thousands of workers go on strike in Prey Veng
Some 3,000 workers protested in front of a garment factory in Prey Veng province Monday, calling for larger bonuses and better working conditions, according to unionists and factory representatives. Employees of the Chinese-owned Komchay Mear Trading factory, which produces clothing for U.S. brand Gap, have been ...
Ben Sokhean
http://www.cambodiadaily.com/news/thousands-of-workers-go-on-strike-in-prey-veng-68069/
Gov’t to spend $50M to cut electricity tax for industries
The government will spend some $50 million in subsidies to reduce electricity tariffs by $0.01 per kilowatt-hour for the industrial and agricultural sectors from this month, Ministry of Mines and Energy senior official Victor Jona said on Sunday. ...
Thou Vireak
https://www.phnompenhpost.com/business/govt-spend-50m-cut-electricity-tax-industries
University students encouraged to focus on digital technology
Ministry of Commerce (MoC) has encouraged university students in Cambodia to focus on digital technology and innovation developments amid the remarkably growing Industry Revolution 4.0 and e-commerce business after the e-commerce law was passed. ...
Kang Sothear
https://www.khmertimeskh.com/501139165/university-students-encouraged-to-focus-on-digital-technology/
Bilateral political consultations start between France and Cambodia
The first session of the Bilateral Political Consultations between Cambodia and France took place on Monday, discussing a wide range of issues, including economic and political ties, the Ministry of Foreign Affairs and International Cooperation said on Wednesday. ...
Prak Chan Thul
https://kiripost.com/stories/bilateral-political-consultations-start-between-france-and-cambodia