Achieving energy efficiency crucial to Kingdom’s economy
As Cambodia’s demand for energy continues to increase year after year, experts are calling for the development and implementation of clear policy that encourages both the public and industry to play their part in practicing energy efficiency and conservation. ...
Jason Boken
https://www.khmertimeskh.com/50783204/achieving-energy-efficiency-crucial-to-kingdoms-economy/
Western thoughts on benefits of Cambodian BRI initiatives evolving
The success of China’s Belt and Road Initiatives (BRIs) in Cambodia will depend on what the project is and how productive it will be, according to experts who have analysed China’s white paper on foreign aid and development. ...
Husain Haider
https://www.khmertimeskh.com/50810941/western-thoughts-on-benefits-of-cambodian-bri-initiatives-evolving/
AI making new waves to policymaking challenges
Artificial Intelligence (AI) is capable of creating a new wave of challenges before the policymakers, opined a subject expert, highlighting the need for great caution amid governments, businesses and individuals facing increased cyber security risks. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501348542/ai-making-new-waves-to-policymaking-challenges/
Growing success: Govt’s efforts to improve farmers’ livelihoods yielding results
The government’s efforts to improve the livelihoods of farmers under the Pentagonal Strategy are proving successful, with 250 agricultural specialists having already assisted over 110,000 farmers in increasing their yield during the first stage of the programme. The second stage, which aims to recruit and ...
Ben Sokhean
https://www.khmertimeskh.com/501545565/growing-success-govts-efforts-to-improve-farmers-livelihoods-yielding-results/
Ministry: The Sulfuric Acid spills incident in Nam Khan River in Laos does not affect the quality of the river
The Ministry of Water Resources and Meteorology, the authoritative body in such matters, announced that the experts of Laos have confirmed that there was no impact on the quality of the Nam Khan Rive and Mekong River caused by the overturning of chemical trucks. ...
បុគ្គលិក ខ្មែរថាមស៍
https://www.khmertimeskh.com/501469929/ministry-the-sulfuric-acid-spills-incident-in-nam-khan-river-in-laos-does-not-affect-the-quality-of-the-river/
Overloaded vehicles at issue
Overloaded vehicles are contributing to a more rapid than anticipated deterioration of Cambodia’s road network, experts said yesterday. “The cost of overloading causes problems to everyone involved, but it is easy to control damage if we have good system in place. This is the only ...
http://www.phnompenhpost.com/index.php/2011070550177/Business/overloaded-vehicles-at-issue.html
Food, fuel prices jump again
Heightened global food and fuel prices continued to inflate Cambodia’s market in September, and experts said flood damages would elevate costs further toward the end of the year. Year-on-year inflation hit 6.7 per cent in last month, up 1 per cent from August, according to data ...
http://www.phnompenhpost.com/index.php/2011102552319/Business/food-fuel-prices-jump-again.html
Proposed changes to reserve requirement meets controversy
A proposed increase in the reserve requirement would decrease lending and slow Cambodia’s economic growth, according to some bankers and experts. The National Bank of Cambodia is set to hold a meeting later this month discussing a possible raise of the reserve requirement from 12 ...
Digging deep outside the law
Weak enforcement of mining laws excludes local communities from the decision-making process and smudges the revenue transparency, said George Boden, a campaigner at watchdog group Global Witness. Weak enforcement of mining laws excludes local communities from the decision-making process and smudges the revenue transparency, said ...
http://www.phnompenhpost.com/index.php/2011090251412/Business/digging-deep-outside-the-law.html
IBA denies political influence claims
The Cambodian Bar Association has refuted a scathing critique of its independence and ethics by the International Bar Association (IBA) that questioned Cambodia’s membership in the global group, calling the assessment an unfounded “insult.”Following a visit to the country by a team of legal experts, ...
Aun Pheap
https://www.cambodiadaily.com/news/bar-association-denies-political-influence-claims-95607/
Labour market unfazed by AEC
As ASEAN member states race to get ready for the ASEAN Economic Community (AEC) integration later this month, one of the pillars of the new economic bloc is the free flow of skilled labour across borders, with Cambodian industry experts unperturbed by the possibility of ...
Sor Chandara
http://www.phnompenhpost.com/business/labour-market-unfazed-aec
Bavet prices flat
Land prices in Bavet town in Svay Rieng province have been “stable” despite a great deal of purchasing seen in early 2013, property experts said. Nuon Rithy, general manager at the Bonna Realty Group, said there have been lots of land trading in Bavet so ...
http://www.phnompenhpost.com/2013030761788/Real-Estate/bavet-prices-flat.html
The promise of pork
While the Kingdom’s biggest industrial pig farming company is seeing steady growth as the nation’s population and hunger for pork grows, small pig farmers are having a hard time of it in the face of fluctuating prices and lower cost imports from Thailand, according to experts and insiders who came to a recent ...
LED lights’ lure of lower electricity bills
The locally based Global Media Group is bringing the latest LED lighting technology to the Cambodian market in an effort to reduce people’s electricity bills. GMG assistant chief executive Bun Sim said the company would use all its know-how, as well as experts from South Korea, ...
http://www.phnompenhpost.com/2013012460969/Business/led-lights-lure-of-lower-electricity-bills.html
Cigarette smuggling from Cambodia to Vietnam abounds
A pair of cigarette brands distributed by two of the Kingdom’s most prominent businessmen are being smuggled from Cambodia to Vietnam at an estimated rate of more than 300 million packs a year, contributing to tobacco manufacturer losses of nearly $200 million annually, according to ...
PPWSA slide continues, as price sees correction
Sellers have dominated the Cambodia Securities Exchange for the last seven days of trading, and the downward trend for the single stock, Phnom Penh Water Supply Authority, was expected to continue into next week, experts said. PPWSA closed down 4.6 per cent yesterday at 7,250 riel ...
From the Great White North to Takhmao
The town of Chilliwack in the Canadian province of British Columbia is indeed far, far away from the town of Takhmao in Kandal province. But, the cities have entered into a perhaps unlikely partnership to help Takhmao make the most of its location and resources ...
Pirated computer software cost Cambodia $50m
Pirated computer software accounted for about $50 million in losses to the Cambodian economy every year, an industry expert said yesterday. According to Pily Wong, president of the ICT Business Association, about 95 per cent of the computer software used in Cambodia is counterfeit, crippling the ...
Office demand expected to pick up
Office space demand in Cambodia remained stable in the third quarter of this year, the lack of growth reflecting market concerns regarding post-election political instability, property experts say. Hang Yuvan, sales manager at Phnom Penh Tower, said that office space demand should improve by the end ...
Siv Meng
http://www.phnompenhpost.com/real-estate/office-demand-expected-pick
ILO calls on global garment buyers to help absorb Cambodia's new minimum wage
Global garment brands who source their products from Cambodia should play a part in helping the industry absorb the new minimum wage of US$ 128 per month, according to experts from the International Labour Organization (ILO). The new minimum wage for the approximately half-a-million workers in ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/ilo-calls-on-global-garment-buyers-to-help-absorb-cambodias-new-minimum-wage-7991