Royal Group PPSP sees four-fold increase in annual net profits in 2023
Royal Group Phnom Penh SEZ Plc. (RGPPSP) has recorded an almost four-fold increase in annual net profits for 2023 compared to 2022, according to a Cambodia Stock Exchange (CSX) bourse filing by the special economic zone (SEZ) developer last week. ...
James Whitehead
https://www.khmertimeskh.com/501438729/royal-group-ppsp-sees-four-fold-increase-in-annual-net-profits-in-2023/
Degrees of change in the air
Public and private universities are experiencing an exponential rise in the number of students opting for two-year associate degrees rather than four-year bachelor’s programs following last year’s disastrous high school exit examinations, education officials said yesterday. ...
Sarah Taguiam
http://www.phnompenhpost.com/national/degrees-change-air
Royal Group Says Cambodia Air Still on Track
Local conglomerate Royal Group has denied that its join venture with Philippine Airlines (PAL) to create Cambodia’s second national carrier has stalled, despite recent remarks by PAL’s president that his company has delayed its investment due to the current political tension here. On Thursday, PAL’s president ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/royal-group-says-cambodia-air-still-on-track-51082/
Cambodia Lacks Research Enough To Tackle Its Problems, Analysts Say
Not enough priority is given to research in Cambodia, threatening its long term development, economists and other experts say. Larry Strange, executive director of the Cambodian Development Research Institute, says the country cannot plan for major reform, build its economy, or reduce poverty without proper analysis ...
Bank Would Back Firm to Take Over Rail Project
The Asian Development Bank (ADB), which has so far contributed $84 million toward the rehabilitation of Cambodia’s dilapidated railway network, said yesterday it would support a deal to drop the current railway operator if it means the new concessionaire would foot the $60 to $100 million needed ...
Water Supply Stock Falls Back to Initial Value
The share price of the Phnom Penh Water Supply Authority (PPWSA), the only stock so far to trade on Cambodia’s recently launched bourse, fell yesterday to the lowest price since its first day of trading nearly three months ago. At the day’s close, stock in PPWSA ...
De Castle Royal to be completed by 2014
The De Castle Royal Condominium project, which has been on hold for some time, has announced that it will go back on the market after gaining $28 million in loans from Canadia Bank, which will allow for the completion of the 32-storey-building. The general manager of ...
http://www.phnompenhpost.com/2013020761213/Real-Estate/de-castle-royal-to-be-completed-by-2014.html
Families demand more dam compensation
Representatives of more than 250 ethnic Lao families in Stung Treng province, near the border with Laos, met under a mango tree Monday and decided to reject a compensation package offered by the developer of the Lower Sesan II dam. In January, the government approved a ...
Aun Pheap
http://www.cambodiadaily.com/news/families-demand-more-dam-compensation-56034/
Trucks Banned on Phnom Penh Streets for Duration of Summit
Phnom Penh City Hall has banned all trucks transporting goods and gasoline from traveling on the city’s roads in daytime hours to ease traffic during the Asean Summit, according to a notice placed on the municipality’s website Saturday. The Ministry of Education has also told 12 ...
Parents using toxic balms on babies: report
Cambodian parents are commonly using medicinal balms and oils such as “Tiger Balm” on their newborn children despite potentially toxic effects, according to a new report. ...
Erin Handley and Kong Meta
http://www.phnompenhpost.com/national/parents-using-toxic-balms-babies-report
Opposition questions minister
After being questioned for more than two hours at the National Assembly yesterday, Environment Minister Say Samal claimed the number of forest crimes decreased in 2016, but acknowledged that some government officials were involved in some of the crimes. A recently released report from the University ...
Taing Vida
http://www.khmertimeskh.com/news/33928/opposition-questions-minister/
Tep Kolap case 'now ended'
An outstanding court warrant for Phnom Penh International University rector Tep Kolap was dropped after the intervention of the premier and his wife, according to Phnom Penh Municipal Police Chief Touch Naruth. Declining to comment on the extent of the premier’s intervention, deputy commander of ...
Korean College for Siem Reap
Cheju Halla, a Korean university, plans to build a university of tourism and hospitality in Siem Reap next year, Tourism Minister Thong Khon told reporters yesterday at a meeting with Han Soo Kim, the new South Korean ambassador to Cambodia. The Ministry of Tourism has requested ...
http://www.phnompenhpost.com/index.php/2012062156924/Business/korean-college-siem-reap.html
Kids’ supplement results mixed
The Cambodian government and UNICEF yesterday released results of a clinical trial on new locally produced food supplements to tackle the country’s persistently dismal malnutrition figures, with at least one of the two products proving effective. ...
Yesenia Amaro
http://www.phnompenhpost.com/national/kids-supplement-results-mixed
ANZ Climbs Back Into The Green, Report Says
ANZ Royal Bank posted an $8.1 million profit for 2010 according to the bank’s annual report. A profit of $24.3 million was reported by Acleda. Trade and national payments were shows to have generated substantial earnings for the bank according to the report. ...
Drugs: our man in Cambodia
The inquiry that targeted Hun To, dubbed Operation Illipango, investigated the shipment of heroin into Australia from Cambodia in loads of timber. Hun To, a nephew of Prime Minister Hun Sen, is a powerful and feared figure in Cambodia. He was once considered a close business ...
http://www.theage.com.au/national/investigations/drugs-our-man-in-cambodia-20120325-1vsiz.html
VN border ‘‘largely’ marked
Cambodia and Vietnam have largely completed border demarcation in Ratanakkiri and Mondulkiri provinces at locations agreed by the two parties. But disputed areas were left untouched pending France’s assistance, according to border committee officials. ...
Niem Chheng
https://www.phnompenhpost.com/national/vn-border-largely-marked
Families no longer displaced by dam
Indigenous families in Kbal Romeas village who were displaced last year by flooding from the reservoir of the Lower Sesan II Dam in Stung Treng province have been given new homes and hope for a better life in a new village along National Road 78. ...
G. Danapal
https://www.khmertimeskh.com/50487015/families-no-longer-displaced-by-dam/
Ministry to conduct CSO census
The Ministry of Interior and the Cooperation Committee for Cambodia (CCC) are to conduct a census aimed at ascertaining the exact number of registered civil society organisations (CSOs) in the Kingdom, the ministry’s General Department of Administration director-general Prak Sam Oeun told The Post on ...
Mech Dara
https://www.phnompenhpost.com/national/ministry-conduct-cso-census
Royal Group and Fusionex Group sign MOA to power up Smart Trade Facilitation in Cambodia
The Royal group, Cambodia’s leading conglomerate and Fusionex Group, one of the largest multi award-winning and the leading data technology group in the region, signed a memorandum of agreement where both groups will cooperate in the area of Smart Trade Facilitation in Cambodia. This cooperation ...
The Phnom Penh Post staff
https://www.phnompenhpost.com/national/royal-group-and-fusionex-group-sign-moa-power-smart-trade-facilitation-cambodia