Exporters poised to ship fresh mangoes to China in early 2021
Cambodian Keo Romiet mangoes remain on target to be directly exported to the Chinese market from early next year after the economic powerhouse penned an agreement in June that set up a 500,000 tonne quota for the Kingdom’s widely-available fruit. ...
Thou Vireak
https://www.phnompenhpost.com/business/exporters-poised-ship-fresh-mangoes-china-early-2021
Airport eyes adding long-haul flights
Sihannouk International Airport’s operator is eyeing potential new direct, long-haul routes to Europe and the Middle East to bring a new wave of overseas visitors and increase aviation’s contribution to coastal Preah Sihanouk province’s economy. ...
Thou Vireak
https://www.phnompenhpost.com/business/airport-eyes-adding-long-haul-flights
Payments balance up Kingdom sees a 1.7 percent surplus in 2020
The Kingdom’s balance of payments (BOP) saw a 1.7 percent surplus compared with its gross domestic product (GDP) in 2020 with growth supported by the in-flow of foreign direct investments and exports, according to a report from the National Bank of Cambodia (NBC). ...
Kingdom expects 100,000 tonnes of fresh mango shipments to China
Cambodia has set an ambitious target of exporting up to 100,000 tonnes of fresh mangoes a year to China after the Kingdom made the first shipment of the fresh fruit directly to the world’s second largest economic nation on Friday. ...
Chea Vanyuth
https://www.khmertimeskh.com/50854043/kingdom-expects-100000-tonnes-of-fresh-mango-shipments-to-china/
Battambang to buy longan till Sept 13
The Battambang Provincial Administration has said it will continue to buy Ta Ngen and Kra’op (fragrant) longan directly from farmers till September 13, in an extension of a purchasing initiative meant to offset market stresses created by Covid-related export problems. ...
Thou Vireak
https://www.phnompenhpost.com/business/battambang-buy-longan-till-sept-13
Half of capital’s public land dwellers accept relocation
Speaking at a press conference on the progress and future direction of Phnom Penh on March 1, Deputy governor Keut Che said that from 2019 through 2021, the administration has solved the problems of 150 out of the 300 poor communities living on state public ...
Lay Samean
https://www.phnompenhpost.com/national/half-capitals-public-land-dwellers-accept-relocation
Manet redirects $200M to social programmes
Prime Minister Hun Manet said the state has saved over $200 million through the suspension of non-urgent research and case study projects. He has directed the funding towards more pressing target, such as the expansion of social protection and disaster relief. ...
Samban Chandara
https://phnompenhpost.com/national/manet-redirects-200m-social-programmes
SSCA eyes 300 weekly China flights
Cambodia and China appear to be pressing ahead with plans to raise the number of direct commercial flights between them to at least 300 per week, which private sector operators envisage will underpin strong growth in tourist flows from the Asian economic powerhouse. ...
May Kunmakara
https://www.phnompenhpost.com/business/ssca-eyes-300-weekly-china-flights
RCEP, FTAs to attract more investments to Cambodia
The Regional Comprehensive Economic Partnership (RCEP) free trade pact and the bilateral free trade agreements (FTAs) will play a crucial role in attracting more foreign direct investments to Cambodia, Cambodia’s central bank said in a report released on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501320535/rcep-ftas-to-attract-more-investments-to-cambodia/
Hun Sen Orders Fishing Criminals Released
Prime Minister Hun Sen has ordered the release of all prisoners serving sentences and suspects facing charges related to illegal fishing, officials said yesterday, though it was unclear when the directive would take effect. Nao Thuok, director general of the Fisheries Administration, said the prime ...
Flood challenges still loom
The floodwaters may have receded, but their effects are far from over, with the government, NGOs and international donors saying yesterday they are still assessing the damage as they shift to long-term rehabilitation. Last November, Minister of Economy and Finance Keat Chhon said the government would ...
http://www.phnompenhpost.com/index.php/2012012754194/National-news/flood-challenges-still-loom.html
Ambassador Reiterates S China Sea Stance
Chinese Ambassador Pan Guangxue yesterday said that China opposes the contentious issue of the South China Sea being discussed by countries that are not directly involved in the regional maritime dispute. Speaking at a news conference at the Chinese Embassy to discuss Chinese President Hu Jintao’s ...
Ministry riled over refugee deal money
Australia has so far disbursed more than $3.5 million in aid to Cambodia as part of the agreement for its unwanted refugees to be resettled here, but the Interior Ministry’s spokesman is livid that the money has come into the country via development agencies rather ...
Matt Blomberg
https://www.cambodiadaily.com/news/ministry-riled-over-refugee-deal-money-102756/
S. Korea is laying the foundation for accelerating growth
The flow of Korean investment into Cambodia has been in the spotlight for more than a decade, primarily foreign direct investment in the construction and property sectors. Investment from the East Asian nation continues its rise, and in 2014 South Korean investment in Cambodia ranked ...
May Kunmakara
http://www.khmertimeskh.com/news/20465/s--korea-is-laying-the-foundation-for-accelerating-growth/
In Garment Sector, a Labor Movement Divided
There was so much noise blasting from the loudspeakers that the occasional rallying cry from striking workers at the demonstration in Phnom Penh’s Dangkao district last week could hardly be heard. One 2-meter high stack of amplifiers had been set up outside the Nex-T factory and ...
To Gain From Asean Labor Market, Workforce Needs New Skills
Cambodia needs to improve the skills of its workforce if it is to compete and benefit from Asean’s plan for greater integration and the free flow of skilled labor within the region by 2015, Minister of Labor Vong Sauth said on Friday at the Asean ...
Rising tourism prompts ABA growth in Siem Reap
The Advanced Bank of Asia (ABA) is expanding its Siem Reap operations to take advantage of the growing tourism sector. The bank is moving out of its 160-square-metre Sivutha Street office into a 1,080-square-metre, three-level office across the road, and it is now one of the ...
Acleda HQ Expansion to Start in Three Months
Acleda Bank will break ground on a 20-story tower directly behind its current headquarters on Monivong Boulevard in September to become the third bank in the country to push ahead with a high-rise property in the capital, officials at the bank said yesterday. John Brinsden, Acleda’s ...
Four People Injured After Two Buses Collide
Three Vietnamese nationals and one Cambodian were hospitalized Saturday after two commercial buses driving between Phnom Penh and Ho Chi Minh City collided in Svay Rieng province, police said yesterday. Ouch Sarun, provincial traffic police chief, said that the two buses [belonging to Van Rec. Co. Ltd., and ...
Angry Villagers Confront Workers
Jarai minority villagers in Ratanakkiri’s O’Yadav district protested in two locations yesterday against a Vietnamese company that community leaders say has been clearing their protected land and forcing villagers to accept inadequate compensation. Community leader Sev Hem said 30 angry villagers directly confronted five Company 72 ...
http://www.phnompenhpost.com/2013050165347/National/angry-villagers-confront-workers.html