World Bank says Cambodian economy advances amid external, domestic headwinds
Cambodia’s economic growth is projected to reach 5.4 percent in 2023, marginally down from the 5.5 percent forecast in May, the World Bank said on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501396748/world-bank-says-cambodian-economy-advances-amid-external-domestic-headwinds/
Press conference on "MoEYS E-Learning self-study program: 5 months after public launch"
On 21 September 2021, the Ministry of Education, Youth and Sport issued a notification on press conference on “MoEYS E-learning self-study program: 5 months after public launch.”The Ministry of Education, Youth and Sport and the Union of Youth Federations of Cambodia hold a press conference ...
Ministry of Education, Youth and Sport
ASEAN Ministers say carbon neutrality can unlock $3.5 trillion in economic opportunities
Asean economic ministers have endorsed a carbon neutrality strategy aligning with Paris Agreement commitments and could unlock a $5.3 trillion ($1=RM4.64) economic opportunity. ...
Khmer Times Staff
https://www.khmertimeskh.com/501346296/asean-ministers-say-carbon-neutrality-can-unlock-3-5-trillion-in-economic-opportunities/
PPSP back in black in Q1’23 with $5.7m net profit
A surge in land sales has helped tycoon Kith Meng’s Phnom Penh SEZ Plc (PPSP) to return to the black, posting $5.7 million net profit in the first quarter ended March 31 (Q1’23) after suffering a $680,743 net loss a year ago. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-ppsp-back-in-black-in-q123-with-57m-net-profit
Skills training for 1.5 million people will focus on 10 areas with 38 skills, says PM
The Prime Minister of Cambodia, Dr. Hun Manet, stated that the vocational training policy for 1.5 million young people will focus on 10 areas and 38 professions. .. ...
Khmer Times Staff
https://www.khmertimeskh.com/501386064/skills-training-for-1-5-million-people-will-focus-on-10-areas-with-38-skills-says-pm/
Germany provides 64 mln USD to Cambodia for development projects
The German government on Wednesday signed up to provide 64 million U.S. dollars to Cambodia for two-year projects in health, rural development, governance reform, and education. According to a press release after the signing ceremony, 27 million U.S. dollars would be allocated to health, 26.5 ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131204/germany-provides-64-mln-usd-cambodia-development-projects
Procurement
“Stopping corruption may start from us” (Khmer version on Clean Hand poster), in Kratie province, Cambodia. Photo by World Bank Photo Collection, taken on November 22, 2006. Licensed under CC BY-NC-ND 2.0In Cambodia, the activities of buying goods, construction work, repairs, and services and consultation ...
Canadian bank soars after ABA investment
National Bank of Canada attributed its 5.5 per cent jump in fiscal third-quarter profit to its acquisition of Cambodia’s Advanced Bank of Asia Ltd. (ABA Bank) earlier this year. ...
Post Staff
http://www.phnompenhpost.com/business/canadian-bank-soars-after-aba-investment
East Asia growth to recover next year: WB
Economic growth in the East Asia and Pacific region – covering 14 countries, including Thailand – may slow by a full percentage point to 7.2 per cent this year, before recovering to 7.6 per cent next year, according to a World Bank report Excluding China, the ...
http://ph.news.yahoo.com/east-asia-growth-recover-next-wb-060002801.html
Ministry: election won’t hurt tourist numbers
While tourism in Cambodia has historically slowed in advance of general elections, tourism leaders in the government and private sector have said they expect this year’s July elections to have little impact on tourist arrivals. Tourism numbers dipped by 10.9 per cent for the 2003 ...
NGO unveils plan to teach 2.5 million girls about their rights for protection, education and health
A non-governmental organisation that works for child welfare has announced a five-year plan to empower 2.5 million adolescent girls and women in the country. ...
More than 1,400 die, but road deaths fall
More than 3,000 traffic accidents across the country during the first 10 months of the year caused more than 1,400 deaths and about 5,300 injuries, a decline from the same period last year. According to a National Police report released yesterday, there were 3,001 traffic accidents ...
Pech Sotheary
http://www.khmertimeskh.com/news/31546/more-than-1-400-die--but-road-deaths-fall/
Cambodian exports to Malaysia almost double in 2012
Cambodia’s exports to Malaysia almost doubled from $55.5 million a year earlier to $101 million in 2012, the Malaysian Embassy said. Exports were led by crude rubber at $69.1 million followed by milled rice at $24.3 million, up sharply from $9.5 million in 2011 and ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MWU5MWViZGE1NTc
Vietnam and Cambodia hit back
Vietnam urged Laos to halt construction of a $3.5 billion hydropower dam pending further study, environmental activists said on Friday after a meeting of the Mekong River Commission. The activists said Cambodia, also downriver from the Xayaburi dam, accused Laos during heated discussions on Wednesday and ...
http://bdnews24.com/environment/2013/01/21/vietnam-and-cambodia-hit-back
Call for application: Youth-Led Project 2024 (YLP24 - Phase 1)
Open Development Cambodia Organization (ODC) is pleased to announce the call for application on Youth-Led Project 2024 (YLP24 – Phase 1). The program aims to strengthen the youths’ capacity for fundamental life and community development skills through various training and knowledge sharing as demonstrated during convening ...
Open Development Cambodia Organization (ODC)
England Promises to Invest US$ 2.22 Billion in Cambodia
England promised to invest in Cambodian around US$ 2.22 billion make total investment projects in country during 7 month of the year increased up to US$ 5.5 billion, Council for Development of Cambodia (CDC)’s reported to the media. According to the report, in the first ...
Phnom Penh's new apartments soar on high rents
Real estate developments covered in green tarp have sprung up across the capital’s Boeung Kang Kong commune, and housing units are filling before the projects are finished, insiders said. The value of construction approvals in Phnom Penh jumped by 557.5 per cent in March to US$150.5 ...
Local oil prices fall slowly
The current volatility of oil prices on the global market is bringing cuts in prices at Cambodia’s five main petroleum retailers. However, some observers say the current fall in prices is too limited. Data from the Ministry of Commerce showed that super oil retailed at 5,200 ...
http://www.phnompenhpost.com/index.php/2012062156925/Business/cambodia-oil-prices-fall.html
Sluggish industry growth affects Cambodia’s economic outlook as improved tourism recovery expected to boost Cambodian exports
The Asian Development Bank (ADB) has lowered its economic growth forecast for Cambodia to 5.3 percent, down from the earlier prediction of 5.5 percent. The main reason for this revision is the slower-than-expected growth in the industrial sector. This information was included in the ADB’s ...
Khmer Times Staff
https://www.khmertimeskh.com/501363717/sluggish-industry-growth-affects-cambodias-economic-outlook-as-improved-tourism-recovery-expected-to-boost-cambodian-exports/