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Local silk production nearly extinct

Cambodia’s natural silk industry is on the verge of extinction due to the widespread use of pesticides that have severely damaged the health of silkworms, leading producers to rely on imported synthetic fibers to meet demand, experts say. Men Sinoeun, executive director of the Artisan’s Association ...

Kang Sothear
https://www.cambodiadaily.com/business/local-silk-production-nearly-extinct-74350/

Rice export goals quietly fall

Cambodia’s ambitious goal of exporting one million tons of rice this year has been quietly dropped. A follow-up export goal of 600,000 tons also is falling by the wayside. Undermining these goals is the reality of the rice paddies: labor emigration to Thailand, high costs for ...

T. Mohan and Muny Sithyna
http://www.khmertimeskh.com/news/12698/rice-export-goals-quietly-fall/

RCEP is key to post-pandemic recovery here

As a member of the world’s largest trade deal, Cambodia’s post-pandemic economic reality is likely to be forged by the 15-nation deal that will encompass about 30 percent of global gross domestic product, according to experts. ...

Husain Haider
https://www.khmertimeskh.com/50918763/rcep-is-key-to-post-pandemic-recovery-here/

Tourism, airport to lift Koh Kong realty

A return of international tourism and technical soft launch of Dara Sakor International Airport in Koh Kong planned later this year could drive recovery in the real estate market of the province and nearby areas, industry experts have said. ...

Hin Pisei
https://www.phnompenhpost.com/business/tourism-airport-lift-koh-kong-realty

China set to open gates for Cambodian ‘pra’ fish exports

China will import “pra” fish from Cambodia in the near future, once technical experts study and assess sanitary and other associated risks in virtual inspections and give the all-clear, Chinese ambassador to Cambodia Wang Wentian affirmed on December 6.​ ...

Hom Phanet
https://www.phnompenhpost.com/business/china-set-open-gates-cambodian-pra-fish-exports

UN calls Cambodian election “Distorted,” Hun Sen downplays international criticism

Cambodia’s electoral process was “distorted” due to the ban on the Candlelight Party and ruling elites harassing opponents, UN experts said in a statement released Wednesday. ...

Khuon Narim
https://cambojanews.com/un-calls-cambodian-election-distorted-hun-sen-downplays-international-criticism/

BRI enhances the economic potential of Cambodia

Ten years on, China’s Belt and Road Initiative has injected vigorous impetus into building a community with a shared future for mankind, significantly contributing to global and regional development and stability, a Cambodian expert said. ...

Khmer Times Staff
https://www.khmertimeskh.com/501371709/bri-enhances-the-economic-potential-of-cambodia/

Ministry of Interior finalising draft law on cybercrime

The draft law on cybercrime is in its final stages and in the process of being discussed with all stakeholders involved, including experts from US, said Minister of Interior Sar Kheng, on Tuesday. ...

Sar Socheath
https://www.khmertimeskh.com/501175483/ministry-of-interior-finalising-draft-law-on-cybercrime/

Run Ta Ek families get agricultural training

Agricultural experts are providing technical support in raising animals and growing crops as the first step for the 153 households who have agreed to relocate to the Run Ta Ek eco-village from the Angkor Archaeological Park. ...

Orm Bunthoeurn
https://www.phnompenhpost.com/national/run-ta-ek-families-get-agricultural-training

China ‘open’ to potential military talks with US in Cambodia

There could be an opportunity for China and the United States to conduct high-level military talks during the upcoming ASEAN Defense Ministers’ Meeting-Plus, with China signaling an open and positive attitude toward the subject, experts said. ...

Khmer Times Staff
https://www.khmertimeskh.com/501188465/china-open-to-potential-military-talks-with-us-in-cambodia/

Cruise ship visit ‘positive sign’ of tourism recovery

Tourism experts call the return to Sihanoukville of the Bahamas-flagged cruise ship the Seabourn Encore on January 28 a positive sign for the recovery of the Kingdom’s tourism sector. ...

Van Socheata
https://www.phnompenhpost.com/business/cruise-ship-visit-positive-sign-tourism-recovery

Balancing Cambodia’s power grid

Strengthening and modernizing Cambodia’s power grid is key to supporting the nation’s energy transition, while providing a sustainable and stable electricity supply, experts stated during a Clean Energy Week session. ...

Marissa Carruthers
https://kiripost.com/stories/balancing-cambodias-power-grid

PM’s Australia visit expected to stimulate trade

Prime Minister Hun Manet will make his first visit to the ASEAN-Australia Special Summit next month, with experts expecting the trip to boost trade between the two nations, as well as Australian investment in Cambodia. ...

Mao Sreypich
https://kiripost.com/stories/pms-australia-visit-expected-to-stimulate-trade

Floods show Laos needs early warning

Heavy flooding during the rainy season, affecting 10 out of 17 provinces in Laos, has underlined the need for stronger disaster-management efforts, experts say. Tropical storm Haima struck central and northern parts of the country on June 24, with Nock-10 hitting central and southern areas on ...

http://www.phnompenhpost.com/index.php/2011091551652/National-news/floods-show-laos-needs-early-warning.html

Digital content key to growth for Kingdom's telecom firms

CAMBODIAN telecoms must produce digital content to remain competitive in the country’s crowded sector, experts said yesterday. However, others claimed the consumer market for that content was still too small. A lack of domestically produced TV programs, websites and other digital offerings has Cambodia’s estimated 755,000 internet ...

http://www.phnompenhpost.com/index.php/2011122253557/Business/digital-content-key-to-growth-for-kingdoms-telecom-firms.html

Demand for office space making a comeback

  After a slow year in 2010, demand for office space in Phnom Penh is beginning to rebound as occupancy levels in new and existing units increase, real estate experts said yesterday. However, it is still unclear whether or not there is enough demand to fill ...

Tech businesses among Cambodia’s fastest-growing sectors

More than one-sixth of Cambodian businesses in 2011 were part of the Kingdom’s information and communications sector, a government census showed. Of the 182,439 new enterprises that sprang up in the country between June 2009 and March 2011, some 95,590 serviced the sector, according to the ...

http://www.phnompenhpost.com/index.php/2012031555037/Business/technology-businesses-among-the-kingdoms-fastest-growing-sectors.html

Construction material imports on the increase

A return to work on larger construction projects in Cambodia is leading to an increase in the impartation of construction materials, experts said yesterday. Cambodia’s construction materials are generally imported from China, Vietnam and Thailand, and also as far afield as Europe, said Khuon Savuth, Statistics ...

http://www.phnompenhpost.com/index.php/2011072850681/Business/construction-material-imports-on-the-increase.html

Medical imports decline

THE supply of pharmaceutical products has outstripped demand, causing a decrease in the value of drug imports during the first half of 2011, experts say. An increase in the number of firms importing pharmaceutical products in 2010 led to this year’s drop, Medical Trust Company ...

http://www.phnompenhpost.com/index.php/2011080250792/Business/medical-imports-decline.html

Current accounts in control

Cambodia’s current accounts deficit has increased in recent years, but is not yet a cause for concern, according to experts. The Asian Development Bank’s July update showed Cambodia’s current accounts deficit stood at 11 percent of GDP in 2010, and statistics show the trade gap ...

http://www.phnompenhpost.com/index.php/2011080450869/Business/current-accounts-in-control.html

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