PM allocates $450M to social protection system
Prime minister Hun manet has pledged almost $450 million to strengthen the country’s social protection system, with experts advising that transparency is essential in its delivery. ...
Chhorn Raksmey
https://kiripost.com/stories/pm-allocates-450m-to-social-protection-system
Jewellery exports hit $851M in ‘23; exhibition upcoming
Cambodia garnered over $851 million from the export of jewellery and precious stones to the international market in 2023, represents a surge of 261% increase compared to 2022, as per the ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/jewellery-exports-hit-851m-in-23-exhibition-upcoming
$30M credit guarantee scheme for rice inked
The state-owned Credit Guarantee Corporation of Cambodia (CGCC), Cambodia Rice Federation (CRF) and participating financial institutions (PFIs) signed an agreement on the $30 million Rice Export Guarantee Scheme (REGS) to help millers stockpile rice for milling, processing, exporting and making local value-added products. ...
Chea Vanyuth
https://www.khmertimeskh.com/501487226/30m-credit-guarantee-scheme-for-rice-inked/
Cambodia: A rising star with a falling reputation?
Cambodia’s reputation as a standard-bearer for apparel workers’ rights is wearing thin – and yet the country is a rising star when it comes to attracting foreign investment and increasing exports. There are many reasons to deter brands and retailers from sourcing clothing in Cambodia. The Kingdom ...
http://www.just-style.com/analysis/a-rising-star-with-a-falling-reputation_id117944.aspx
Stung Treng and Kratie hit by high water
Local chiefs in Stung Treng province claimed on monday that the mekong River has risen by almost 2m, submerging floating cabins at a local tourist attraction, while in Kratie province, a police chief said the water level has risen by 0.5m, flooding Kampi Resort. Preah ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/stung-treng-and-kratie-hit-high-water
CMAC clears two Mk 82 bombs in Kampong Speu, Prey Veng
Demining experts from the Cambodian mine Action Centre (CmAC) on monday cleared two mark 82 (mk 82) bombs in two separate locations. In Kampong Speu province’s Phnom Sruoch district, a villager discovered one bomb buried about 8m below ground, while another was found over 4m ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/cmac-clears-two-mk-82-bombs-kampong-speu-prey-veng
One Tonne aerial bomb found in river near Sokha Phnom Penh Hotel
Cambodian mine Action Centre (CmAC) found an unexploded aerial bomb form the civil war era in the 1970s. The explosive device was uncovered by an excavator removing sediment from the river in Tonle Boun muk near the Sokha Hotel in Phnom Penh and in front ...
Tith Kongnov
https://www.khmertimeskh.com/501070584/one-tonne-aerial-bomb-found-in-river-near-sokha-phnom-penh-hotel/
Land rights acrimony in AusAID Asian project
A TAXPAYER-FUNDED development project is mired in controversy after the Cambodian government launched a crackdown against land rights organisations critical of the compulsory resettlement of families. The Cambodian government has cautioned a small group of foreign organisations against stirring up unrest among those being forced off ...
Foreign Radio Broadcasts Banned Ahead of Election
The Ministry of InforMation has banned the broadcast of all KhMer-language prograMs by foreign radio stations for the entire 31 days of the pre-election caMpaign period and on election day, July 28, warning that legal action will ensue if stations fail to coMply. The ban, announced ...
http://www.cambodiadaily.com/elections/foreign-radio-broadcasts-banned-ahead-of-election-32648/
Preah Vihear warns of flash floods
Citing the provincial Department of Water Resources and meteorology, they said that on the morning of September 25, the water level in Stung Sen had reached 11.38m, approaching the emergency point of 11.50m. ...
Ry Sochan
https://www.phnompenhpost.com/national/preah-vihear-warns-flash-floods
Cambodia-US relationship reaches highest level ever in past 72 years
The relations between Cambodia and the US have reached the highest level ever during the past 72 years, noted Prime minister Hun Sen while receiving former US Senator Donald m. Benton in Washington DC in the morning of may 11 (Washington DC time), on the ...
Khmer Times Staff
https://www.khmertimeskh.com/501073940/cambodia-us-relationship-reaches-highest-level-ever-in-past-72-years/
Workers Pledge to Continue Strike Action in Phnom Penh
Garment factory workers on Saturday blocked Street 371 in Phnom Penh’s meanchey district for the second day and said they will continue their strike today unless factory managers give in to their demands. During Saturday’s strike action, more than 3,000 workers from the S.L. Garment Factory ...
SME Bank released $53M for tourism business firms
Small and medium Enterprise Bank of Cambodia Plc. has approved loans to 346 tourism-related firms totalling $53.46m or 35.64 percent of the $150m budget, said a top official of the bank. ...
Nhean Chamrong
https://www.khmertimeskh.com/501288915/sme-bank-released-53m-for-tourism-business-firms/
Kingdom’s bicycle exports top $500M
Cambodia exported bicycles worth approximately $527 million to international markets last year, up 27 percent from 2019. This establishes Cambodia as the No1 country in ASEAN and No5 globally for bicycle exports, according to data from the ministry of Commerce. ...
Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-bicycle-exports-top-500m
China gives $2.5M grant to CMAC
China has provided a grant of $2.5 million to support the Cambodian mine Action Centre (CmAC) ordnance clearance operations. The funds will cover operations for the 12 months of 2022, according to CmAC director general Heng Ratana. ...
Voun Dara
https://phnompenhpost.com/national/china-gives-25m-grant-cmac
Central bank sells $130M over five September forex auctions
The National Bank of Cambodia held five currency auctions from September 2-21 and sold $130 million on the foreign exchange (forex) market, meant to stabilise the riel’s fluctuations against the greenback, shore up economic activity during the ongoing health crisis and power a faster economic ...
May Kunmakara
https://www.phnompenhpost.com/business/central-bank-sells-130m-over-five-september-forex-auctions
Agri exports nearly 6M tonnes in Jan-Sep
Cambodia exported 5.93 million tonnes of agricultural products to 90 countries and territories in the first nine months of this year, the ministry of Agriculture, Forestry and Fisheries reported on October 14. ...
Nov Sivutha
https://www.phnompenhpost.com/business/agri-exports-nearly-6m-tonnes-jan-sep
Rubber exports bounce past $265M in first nine months
Cambodia exported 174,100 tonnes of rubber valued at $265.8 million in the first nine months of 2021, surging by 48,300 tonnes (38.4 per cent) in volume and $111.6 million (72.3 per cent) in value over January-September 2020, the General Department of Customs and Excise reported. ...
Nov Sivutha
https://www.phnompenhpost.com/business/rubber-exports-bounce-past-265m-first-nine-months
South Korea trade nearly $870M in Jan-Nov
Bilateral trade between Cambodia and South Korea reached $869.735 million in the first 11 months of 2021, an 8.805 per cent surge from $799.354 million in the same period last year, according to data from the Korea International Trade Association (Kita) posted at the weekend. ...
Hin Pisei
https://www.phnompenhpost.com/business/south-korea-trade-nearly-870m-jan-nov
Nearly 1M domestic trips over Lunar New Year
Residents made nearly one million domestic trips from February 1-3 during the Lunar New Year holidays, indicating an increase of 6.15 per cent compared to the corresponding period in 2021. The capital was the most popular destination, accounting for about 30 per cent of this ...
Hin Pisei
https://www.phnompenhpost.com/business/nearly-1m-domestic-trips-over-lunar-new-year