Experts urge agriculture investments as farmers face low rice prices
Ruon Thol plans to harvest his rice crop early next month. The farmer spent more than 6 million riel (about $1,500) this wet season to cultivate his four hectares of farmland in Battambang province’s Banan district. ...
Sorn Sarath
https://cambojanews.com/experts-urge-agriculture-investments-as-farmers-face-low-rice-prices/
His Excellency Deputy Prime Minister PRAK Sokhonn and His Excellency MIKAMI Masahiro will sign the exchange of notes and related documents on the extension of Japanese grant aid
On 11 June 2022, the Ministry of Foreign Affairs and International Cooperation issued a press release on His Excellency Deputy Prime Minister PRAK Sokhonn and His Excellency MIKAMI Masahiro will sign the exchange of notes and related documents on the extension of Japanese grant aid.His ...
Ministry of Foreign Affairs and International Cooperation
Old hearing aids add to quality of life
ROSEBUD audiologist Fallon Arnold is about to head off on a two-week volunteer placement for All Ears Cambodia, based in the capital, Phnom Penh.The organisation offers a range of hearing health services to those afflicted with hearing loss or ear-health problems, such as infections. ...
Stephen Taylor
http://mpnews.com.au/2015/10/13/old-hearing-aids-add-to-quality-of-life/
Fourth IPO kicks off roadshow
Phnom Penh SEZ Plc, which operates the country’s busiest industrial park, launched its IPO public roadshow yesterday, pitching its solid track record and growth potential to prospective investors that it hopes will sink up to $11.6 million into the company’s initial public offering on the ...
Cam McGrath
http://www.phnompenhpost.com/business/fourth-ipo-kicks-roadshow
Rein in credit, warns IMF
In light of global predictions of a slowdown in economic markets, led largely by China’s slackening growth, the International Monetary Fund (IMF) yesterday offered Cambodia advice on short and longer term measures to help maintain growth. It also warned that the country’s rapid credit growth ...
May Kunmakara
http://www.khmertimeskh.com/news/31763/rein-in-credit--warns-imf/
Slow election count raises eyebrows
The National Election Committee (NEC) continued on Tuesday to say slow internet and blurry photographs were to blame for delays in publishing election results for 344 remaining communes, with its spokesman offering no timeline for when the public could expect complete results. Some parties and ...
Van Roeun and Ben Paviour
https://www.cambodiadaily.com/news/slow-election-count-raises-eyebrows-131066/
Pros and cons of China’s Belt and Road plan
Cambodia has been a vocal supporter of the BRI since the initiative’s conception in 2013. The BRI will offer a new framework of cooperation between Cambodia and her neighbours, through the increased connectivity that will arise in the region once the work on the improved ...
Samithi Sok
http://www.khmertimeskh.com/news/39680/pros-and-cons-of-china---s-belt-and-road-plan/
Demand for wage increases rejected
Cambodia, with over 400 garment and footwear factories, has become an Asian clothes manufacturing center, and hugely profitable for the factory owners They have rejected a demand by the Cambodian Confederation of Unions to double the minimum monthly wage of factory workers from $61. The ...
http://www.vancouversun.com/business/Demand+wage+increases+rejected/8044435/story.html#ixzz2MYys4mpC
Expat financial service launched
An offshore financial services provider aiming to cater to expatriates in Cambodia hopes to tap into a market that has had its share of fly-by-night operators. Tag Wealth International, a subsidiary of the Australia-based Tag Group, began operations last month, offering advice in areas such as ...
http://www.phnompenhpost.com/2013022261556/Business/expat-financial-service-launched.html
Climate change plan sparse on particulars
The Ministry of Environment yesterday shared its vision for a greener, less-carbon-emitting, climate-resilient Cambodia, but presented few detailed steps towards getting there, and even fewer financial particulars. The 10-year strategic initiative did not offer any further financial guidance. Though it identifies eight priority areas and ...
Laignee Barron and Mom Kunthear
http://www.phnompenhpost.com/national/climate-change-plan-sparse-particulars
Aid, Aeon on agenda for Japan
The Japanese government will offer more than $21 million in grant aid and loans to Cambodia when Foreign Minister Fumio Kishida visits later this month, according to a statement released by the Ministry of Foreign Affairs. According to the statement, Kishida will ink a number of ...
Cheang Sokha
http://www.phnompenhpost.com/national/aid-aeon-agenda-japan
Grand twins workers go back on strike despite court order
About 5,000 workers from the Grand Twins International (GTI) garment factory in Phnom Penh who have been striking over wages and working conditions briefly returned to their stations Thursday in compliance with a court order, but resumed protesting the next day after rumors spread that ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/news/grand-twins-workers-go-back-on-strike-despite-court-order-71703/
China's loans vital to building SE Asian connectivity: Cambodia
The large loans China offered at the 9th East Asia Summit are vital to regional countries in their connectivity construction, a senior Cambodian official said on Thursday. Kao Kim Hourn, minister attached to Prime Minister Hun Sen, made the remarks at a press conference at ...
Ecns.cn News Staff
http://www.ecns.cn/voices/2014/11-14/142580.shtml
Cambodia’s Grand Dragon Resorts seals proxy betting deal
Casino property Grand Dragon Resorts (pictured), located in Cambodia, has partnered with live dealer gaming system provider Ezugi to offer proxy betting. The agreement will see Ezugi using its casino streaming technology to broadcast live table action direct from the casino floor, including baccarat tables and ...
GGRAsia News Staff
http://www.ggrasia.com/cambodias-grand-dragon-resorts-seals-proxy-betting-deal/
Condominium developers begin shift towards local market
It is no secret that Cambodia’s condominium market has largely focused on attracting international developers and investors looking to jump into a growing market by offering expensive upscale units, but, as the standard of living in Cambodia is on the rise, many projects are shifting ...
Siv Meng
http://www.phnompenhpost.com/real-estate/condominium-developers-begin-shift-towards-local-market
E-commerce surges in Cambodia
As Internet use spreads across Cambodia, e-commerce outlets are mushrooming. Some are online shopping centers like MAIO Mall, which offers a plethora of functions, including lending and booking services. Others, like Shop168, link brick-and-mortar stores with customers via web portal and delivery services. Others, like Mall ...
Un Raksmey and Igor Kossov
http://www.khmertimeskh.com/news/13987/e-commerce-surges-in-cambodia/
Real estate firm ready for CSX listing
Bonna Realty Group will prepare to list on the Cambodia Securities Exchange, the company’s president said this week. The real estate firm joins a small but growing group of private companies that say they are gearing up for initial public offerings on the new exchange. ...
http://www.phnompenhpost.com/index.php/2012070657246/Business/real-estate-ready-for-csx.html
Sihanoukville property owners in limbo as unfinished high-rises litter the city
In 2018, Kheav Sothanny leased his 600 square meters of land in central Sihanoukville to a Chinese investor to build a 14-storey condo. The contract offered him a rental fee of $20,000 a month. ...
Sorn Sarath
https://cambojanews.com/sihanoukville-property-owners-in-limbo-as-unfinished-high-rises-litter-the-city/
China is promoting the yuan for settling trade deals with the Kingdom
Due to the expansion of economic and business activities between Cambodia and China, since early August the Bank of China has been negotiation with National Bank of Cambodia (NBC) on the promotion of business transactions in Chinese yuan. It is part of a larger but quiet ...
After Sam Rainsy’s Call, No Answer From CPP
At about 10 a.m. Thursday morning, during a press conference at the CNRP’s Phnom Penh headquarters, opposition leader Sam Rainsy dialed the phone number of CPP Interior Minister Sar Kheng and told a few dozen reporters in attendance that he would broadcast their conversation over ...
Colin Meyn and Aun Pheap
http://www.cambodiadaily.com/elections/after-sam-rainsys-call-no-answer-from-cpp-46444/