Lending by Cambodia's banks rises 6 pct as deposits grow 10 pct in Q1: central bank
Lending by Cambodia’s commercial banks rose by 6 percent while deposits grew by 10 percent in the first quarter of this year, a National Bank of Cambodia (NBC)’s report said Tuesday. The report said the country’s 34 commercial banks had lent a total of 7.87 billion ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-06/11/c_133397680.htm
British PM's trade envoy to visit Cambodia to boost trade, investment ties
British Prime Minister’s Trade Envoy Lord Puttnam will visit Cambodia from March 4 to 7 to strengthen bilateral trade and investment relations, according to a press statement from the British Embassy here on Monday. During his visit, Lord Puttnam will call on Prime Minister Hun ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/euruope/2014-03/03/c_133157100.htm
Trade deficit prompts call to diversify exports
Cambodia’s trade deficit expanded to almost half a billion dollars during the first three months of the year, according to the latest figures from the Ministry of Commerce. Between January and March, Cambodia’s exports reached $1.99 billion, up 19 per cent compared to the same period ...
May Kunmakara
http://www.phnompenhpost.com/business/trade-deficit-prompts-call-diversify-exports
UN representative hears minorities’ complaints
The U.N.’s human rights representative in Cambodia visited ethnic Bunong villagers in Mondolkiri province this week, days after local authorities prevented hundreds of them from marching to mark International Day of the World’s Indigenous People. Wan-Hea Lee met with villagers in Pech Chreada district’s Bosra commune ...
Aun Pheap and George Wright
http://www.cambodiadaily.com/news/un-representative-hears-minorities-complaints-66362/
Cambodians launch fresh rally against Aussie refugee deal
More than 100 human rights activists, youths and Buddhist monks marched on streets here on Friday in the latest round of protests against a refugee deal that Cambodia signed with Australia last month. Under the deal, Australia will send refugees, who intend to seek asylum in ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-10/17/c_133723949.htm
Villagers protest arrests over land dispute
About 90 villagers continued to demonstrate outside the Kompong Chhnang provincial court Wednesday, calling for the release of two men from prison and protesting the summoning of another eight over clashes last month with workers from the powerful KDC company. The rally came after about 200 ...
Aun Pheap
http://www.cambodiadaily.com/news/villagers-protest-arrests-over-land-dispute-65916/
Construction on two condominiums to begin in Q1
Cambodia’s growing condominium sector shows no signs of slowing down, with construction on two new condominiums set to begin in the first quarter of this year. According to real estate firm CB Richard Ellis’ December market view report, released Wednesday, work will begin on Sky Villa ...
George Styllis
https://www.cambodiadaily.com/business/construction-on-two-condominiums-to-begin-in-q1-75719/
Rising incomes lead to television upgrades
Cambodians spent more than $40 million on purchasing flat panel televisions from April 2014 to March 2015, on the back of improving economic prosperity among the middle class, according to Singapore-based research firm Gfk. The data shows that 126,000 TVs were bought for $46.3 million during ...
May Kunmakara
http://www.phnompenhpost.com/business/rising-incomes-lead-television-upgrades
Inflation down as global oil prices ease off
Cambodia experienced low inflation of around 1 per cent over the last three months thanks to a decline in oil prices, according to the latest data from the National Institute of Statistics. Inflation went from 0.8 per cent in January to 1.2 per cent in February, ...
May Kunmakara
http://www.phnompenhpost.com/business/inflation-down-global-oil-prices-ease
Protesters outside National Assembly demand end to NGO law
Pro-democracy and rights groups in Cambodia have launched a three-day demonstration in an attempt to stop the passage of a law to regulate NGOs. The protest is expected to continue Tuesday. Organizers said that if they are not satisfied with the Assembly’s actions, they will ...
Hul Reaksmey
http://www.voacambodia.com/content/protesters-outside-national-assembly-demand-end-to-ngo-law/2841530.html
NGO law in crosshairs
Despite the deployment of law enforcement officials across the capital in a bid to halt the demonstration, activists yesterday marched as promised to the National Assembly to protest the looming adoption of highly controversial union and NGO laws. Starting at about 8am, hundreds of land activists, ...
Pech Sotheary and Ethan Harfenist
http://www.phnompenhpost.com/national/ngo-law-crosshairs
Deadline set to apply for DTA tax benefits
The General Department of Taxation (GDT) has announced that companies wanting to benefit from tax cuts resulting from the country’s double taxation avoidance (DTA) agreements must send in their applications before March 31. ...
May Kunmakara
https://www.phnompenhpost.com/business/deadline-set-apply-dta-tax-benefits
Ministry to give mining rights for four coal sites
The Ministry of Mines and Energy is set to review applications soon for rights to four coal mining concession areas – totalling 794sq km – it opened late in March in the Kingdom’s north. ...
Thou Vireak
https://www.phnompenhpost.com/business/ministry-give-mining-rights-four-coal-sites
CLV PMs talk trade, investment
Cambodia, Laos and Vietnam (CLV) on March 10 reaffirmed their commitment to boost border trade and investment with a specific focus on the construction of border markets and to improve customs clearance procedures. ...
Thou Vireak
https://www.phnompenhpost.com/business/clv-pms-talk-trade-investment
130 storks die due to suspected pesticides
Around 130 storks in Boeng Sne Tuol Porntaley, Prey Veng province, in Ba Phnom district’s Theay commune, have died between March 17 and Sunday, due to suspected poisoning by pesticides. ...
Mao Chanvireak
https://www.khmertimeskh.com/50828740/130-storks-die-due-to-suspected-pesticides/
Cambodia's Covid death toll now 10
Another Covid-19 patient has died while undergoing treatment at Khmer-Soviet Friendship Hospital in Phnom Penh, the Ministry of Health announced in the early hours of March 28 after confirming the country’s ninth fatality from the disease. ...
Post Staff
https://www.phnompenhpost.com/national/cambodias-covid-death-toll-now-10
Giant muntjac caught on camera in Virachey park
The Ministry of Environment released pictures of a large-antlered muntjac or Giant muntjac taken by a camera trap placed by Fauna & Flora International (FFI) Cambodia in March. ...
Post Staff
https://www.phnompenhpost.com/national/giant-muntjac-caught-camera-virachey-park
Kingdom may exit LDC ‘by 2028’ on RCEP
The Regional Comprehensive Economic Partnership (RCEP) agreement could provide a “vital impetus” to drive the Cambodian economy to exit Least Developed Country (LDC) status by 2028, according to the commerce minister on March 14. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-may-exit-ldc-2028-rcep
Cambodia scraps PCR, rapid tests for fully vaccinated passengers
The Ministry of Health on March 17 announced that fully vaccinated inbound passengers will no longer be required to show a PCR test result proving they are negative for the coronavirus 72 hours prior to their arrival in Cambodia. ...
Mom Kunthea
https://www.phnompenhpost.com/national/cambodia-scraps-pcr-rapid-tests-fully-vaccinated-passengers
Kingdom may exit LDC ‘by 2028’ on RCEP
The Regional Comprehensive Economic Partnership (RCEP) agreement could provide a “vital impetus” to drive the Cambodian economy to exit Least Developed Country (LDC) status by 2028, according to the commerce minister on March 14. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-may-exit-ldc-2028-rcep