Cambodia, the fastest growing economies in Southeast Asia, and third in Asia in 2024
Cambodia leads the growth projection in Southeast Asia in 2024, according to Seasia Stats based on Southeast Asia’s 2024 GDP growth projection from the IMF’s October 2023 Outlook and January 2024 update. ...
Khmer Times Staff
https://www.khmertimeskh.com/501468871/cambodia-the-fastest-growing-economies-in-southeast-asia-and-third-in-asia-in-2024/
Sunwah Group sees investment potential in Cambodia
Hong Kong-based Sunwah Group, along with a group of leading investors, have evinced interest to invest in a range of areas including financial technology to smart city development and property and energy to tourism in Cambodia. ...
Chea Vanyuth
https://www.khmertimeskh.com/501469668/sunwah-group-sees-investment-potential-in-cambodia/
Growth in vehicle sales fuelled by bank loans, dealers say
Commercial banks are providing more loans for vehicle purchases, leading to a jump in car sales this year, according to dealers. While the improved domestic economy and effects of the March disasters in Japan on its competitors had improved sales figures of Great Wall vehicles, increased ...
Workers face contract woes
The use of short-term contracts by employers in the Kingdom’s garment industry is threatening workers’ rights and could lead to decreased productivity in the sector, researchers said at a meeting yesterday. Following the release of a report by Yale Law School last week based on ...
Economists See Growth Potential in Stock Exchange
Cambodia has officially opened a stock exchange, which economists say will provide a chance for the development of the country and job creation. However, they warn that mismanagement of the bourse could also lead to economic woes. “When this stock market goes well, it will ...
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 ...
Cambodia among most deforested countries
Cambodia has one of the world’s highest rates of deforestation, ranking ninth among 180 countries in terms of forest loss during the past decade, according to a new study, which said that economic land concessions and illegal logging were the primary cause for the demise ...
International business group urges respect for labour rights
A group of international business associations representing garment, footwear and travel goods buyers have called on the government to improve labour and human rights conditions in the Kingdom in the face of possible preferential trade agreement changes by the United States and European Union. In February, ...
Ben Sokhea
https://www.khmertimeskh.com/50594400/international-business-group-urges-respect-for-labour-rights/
Prime Minister: Ignore group’s calls to stage ‘a coup d’etat’
Prime Minister Hun Sen on Monday told Sar Kheng and other government officials not to respond to an unnamed group who he said had urged the Minister of Interior to stage a coup against the leader of the ruling Cambodian People’s Party (CPP). He said ...
Niem Chheng
https://www.phnompenhpost.com/national/prime-minister-ignore-groups-calls-stage-coup-detat
Dry spell causing power cuts: PM
Prime Minister Hun Sen on Saturday said the country is now facing an electricity shortage of about 400 megawatts, leading to power outages, and appealed to people, especially those in the business sector, to understand that this is because of an ongoing dry spell. Speaking ...
Taing Vida
https://www.khmertimeskh.com/50587742/dry-spell-causing-power-cuts-pm-2/
As surrogacy trade grows, government charts course
The government will meet this month to begin addressing concerns that the lack of regulation for the surrogacy trade could lead to a proliferation of brokers working in Cambodia and foreign couples traveling to the country to take advantage of their services. The Ministry of ...
Sonia Kohlbacher
https://www.cambodiadaily.com/news/surrogacy-trade-grows-government-charts-course-117169/
Ministry warns of possible flooding
The Ministry of Water Resources and Meteorology yesterday warned local authorities and people throughout the country to pay close attention and use caution as heavy rain, which could lead to flooding, was expected throughout the country this week. Water Resources and Meteorology Minister Lim Kean Hor ...
Mom Kunthear
http://www.khmertimeskh.com/news/29658/ministry-warns-of-possible-flooding/
Court Detains Two More Land Activists
Protesters from both neighborhoods gathered in front of the Phnom Penh Court on Wednesday to demand the release of the three. Phnom Penh Municipal Court is holding two more land protesters, following the detention of one woman on Tuesday. The two activists, from the Borei Keila neighborhood, ...
http://www.voacambodia.com/content/court-detain-two-more-land-activists/1502315.html
International expo in Cambodia to boost garment sector
The four-day second Cambodia International Machinery Industrial Fair (CIMIF 2012) has begun in Cambodia’s capital Phnom Penh. Leading global brands of industrial equipment for textiles, garment and accessories are among the more than 200 exhibitors from 20 countries displaying their products. The exhibition provides a ...
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=114673
Cambodian milled rice exports rise slightly
Cambodian milled rice exports to international markets grew only 2 per cent year-on-year, leading rice trading experts to express concern that the goal of exporting a million tonnes in 2015 cannot be accomplished. Hean Vanhorn, deputy director general of the Ministry of Agriculture and director of ...
http://www.phnompenhpost.com/2013010360602/Business/cambodian-milled-rice-exports-rise-slightly.html
Factory clash has familiar feel
Two protesters and three factory officials were injured in a clash at a garment factory in Kampong Speu province yesterday as a report revealed that more than 60 unionists and workers were injured in such incidents in 2012. Vann Bun, a Free Trade Union activist, said ...
http://www.phnompenhpost.com/2013011860862/National/factory-clash-has-familiar-feel.html
Multiple Skills Needed To Compete in a Future Asean, Economist Says
Young Cambodians must develop diverse workplace skills if they are to compete in an integrated Asean, a leading economist and adviser to the government says. “We have to make sure we are able to do multiple things if others are able to do just one,” the ...
http://www.voacambodia.com/content/multiple-skills-needed-for-asean-competition/1603984.html
Influx of Cambodian workers back into Thailand seen with $4 passports
A Cambodian decree slashing the passport fee for would-be migrant workers to only $4 (about Bt 120) is expected to lead to an influx of workers from the neighbouring country into Thailand. Cambodian migrant workers who have just returned to Cambodia yesterday greeted the news with ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=M2JjNjM2ZWM0NzB
To honour Chut Wutty
Nearly two years have passed since Cambodia’s leading forestry activist, Chut Wutty, was gunned down in the Cardamom Mountains. After a long wait, more than 100 activists, supporters and monks will finally make the pilgrimage on Saturday to the spot where he was killed to pay ...
May Titthara
http://www.phnompenhpost.com/national/honour-chut-wutty
Hun Sen to visit China next week
Prime Minister Hun Sen will lead Cambodian delegation to attend the 4th Summit of Conference on Interaction and Confidence Building Measures in Asia (CIAC) in China next week, according to Ministry of Foreign Affairs and International Cooperation. The delegation companying Hun Sen will ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=ODExYWI3MDRkMWN