43 gambling locations were cracked down on the first 21 days of the 2024
An Interior Ministry official said that for the first 21 days of 2024, the authorities of the Ministry of Interior had cracked down on gambling in 43 locations and sent 72 suspects to court. ...
Khmer Times Staff
https://www.khmertimeskh.com/501427441/43-gambling-locations-were-cracked-down-on-the-first-21-days-of-the-2024/
Cambodia’s tourism earns $3.04 billion revenue in 2023
Cambodia’s tourism earned gross revenue of $3.04 billion in 2023, up 115 percent from $1.41 billion in a year earlier, according to a Ministry of Tourisms report released on February 12, 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501439009/cambodias-tourism-earns-3-04-billion-revenue-in-2023/
Ministry to create more communities to protect forest
The Ministry of Environment plans to establish at least 10 additional natural resource protection communities by year-end and in subsequent years to improve the livelihoods of communities and contribute to prevention of forest crime at the local level. ...
Hang Punreay
https://www.khmertimeskh.com/501440112/ministry-to-create-more-communities-to-protect-forest/
Cambodia to have five more vehicle assembly factories
According to the Ministry of Commerce, five automobile manufacturers are reportedly building production facilities in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501481029/cambodia-to-have-five-more-vehicle-assembly-factories/
Green tourism corridor planned for Phnom Kulen National Park
Ministry of Environment plans to launch a green tourism corridor at Preah Jayavarman-Norodom Phnom Kulen National Park in Cambodia’s Siem Reap province. ...
Khmer Times Staff
https://www.khmertimeskh.com/501475539/green-tourism-corridor-planned-for-phnom-kulen-national-park/
MoC warns of strict legal action against promoting fake products
The Ministry of Commerce has issued a proclamation stating that strict legal action shall be initiated against those who promote to sell products, goods and services that contain false commercial descriptions. ...
Nhean Chamrong
https://www.khmertimeskh.com/501476979/cambodia-china-agree-to-formulate-joint-corridors/
Mass strike ended by Arbitration Council
MORE than 4,000 workers ended a four-day strike outside the M&V factory in Kampong Chhnang province yesterday after the Arbitration Council intervened, issuing an order for them to return to work. The workers, led by the Free Trade Union of Workers in the Kingdom of ...
Air Asia expands services, flights
Malaysia-based Air Asia will begin offering travel services in Cambodia, and may expand its flights to neighbouring countries, company officials said. The airline launched its first Air Asia Travel and Service Center in Phnom Penh yesterday. Air Asia will partner with tour operator Mekong Discovery. So Mara, ...
http://www.phnompenhpost.com/index.php/2011121353316/Business/air-asia-expands-services-flights.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
Cambodia-Thai trade still on track
Thailand’s worst floods in decades have not slowed trade with Cambodia, a Thai official in Phnom Penh said yesterday, claiming many products sought by Cambodia came from areas free of flooding. Bilateral trade between the two countries rose nine per cent year-on-year in the first nine ...
Telecom Cambodia Revenues Drop by $1 Million in 2011
Telecom Cambodia, one of three state-owned enterprises with plans to list on Cambodia’s stock exchange, saw revenues decline by 3 percent to $31 million last year, an official at the company said yesterday. Lao Saroeun, director general of Telecom Cambodia, said that revenues at the company ...
Plans set for Silk Research Centre at RUPP
Cambodian silk producers will be soon able to get quality silkworms from a breeding centre at the Royal University of Phnom Penh (RUPP), thanks to a specialised team that is seeking to increase professionalism in the Kingdom’s silk industry. ...
Hor Kimsay
https://www.phnompenhpost.com/business/plans-set-silk-research-centre-rupp
Cambodia-Laos MoU on GI
Cambodia’s Ministry of Commerce and Laos’ Ministry of Science and Technology last week signed a memorandum of understanding (MoU) to cooperate in the protection of trademarks and geographical indications (GI). ...
Sok Chan
http://www.khmertimeskh.com/news/29639/cambodia-laos-mou-on-gi/
First-ever FDI survey identifies $20B in capital inflow
Foreign direct investment (FDI) to Cambodia over a 20-year period – from 1994 to 2014 – is estimated to have reached $19.2 billion and was heavily weighed by inflows of capital from China, according to the first-ever comprehensive survey on FDI, released yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/first-ever-fdi-survey-identifies-20b-capital-inflow
Financial literacy in schools
Financial literacy, for students to make effective and informed money management decisions, will now be in the general education curriculum due to joint efforts by the National Bank of Cambodia (NBC) and the Ministry of Education, Youth and Sport (MoEYS). ...
Sok Chan
http://www.khmertimeskh.com/news/27905/financial-literacy-in-schools/
MFIs watch rice loans
The country’s financial institutions are closely monitoring loans that have been made to rice farmers, who say that this year’s fall in rice prices will affect their ability to make repayments, industry officials said yesterday. Last year, farmers were paid around 840 riel ($0.21) per kilogram ...
May Kunmakara
http://www.khmertimeskh.com/news/30035/mfis-watch-rice-loans/
MoU with UN stalled by government
A memorandum of understanding between Cambodia and the United Nations has been stalled for almost 10 months thanks to the government’s insistence that an updated version include pointed references to the concept of “non-interference” lifted from the UN charter, the Post has learned. ...
Shaun Turton
http://www.phnompenhpost.com/national/mou-un-stalled-government
Failure to enforce jobs quota law shortchanges Cambodia’s disabled
If there is to be an end to the cycle of poverty that afflicts many Cambodians with disabilities, then most experts agree that stable employment will be one of the prerequisites. ...
David Hutt
http://sea-globe.com/lack-enforcement-cambodia-disabled-law/
Lenders come out of the dark
More than a year into a government-backed campaign to clamp down on unlicensed lenders, nearly 130 small lenders operating under the radar have come into the fold, officials said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/lenders-come-out-dark
CAMBODIA: Strike continues at Gap supplier factory
A strike at the Ocean Garment factory in Phnom Penh, which supplies US retailer Gap, has entered its third week, despite a court ordering the 2,500 protestors to return to work. The unrest began on 11 August after six female employees accused their Bangladeshi manager of ...
http://www.just-style.com/news/strike-continues-at-gap-supplier-factory_id115380.aspx