Five Villagers Questioned in Ly Yong Phat Land Dispute
About 150 villagers embroiled in a long-running land dispute with CPP Senator and tycoon Ly Yong Phat protested peacefully outside the Kompong Speu Provincial Court yesterday as five villagers were questioned over accusations that they are illegally occupying the senator’s land. The villagers, from Thpong district’s ...
Yields from fishing take a dive
Exports of fresh fish and fish products fell significantly during the first nine months of the year, raising concerns about businesses and families operating in the Kingdom’s fisheries sector.Fresh and frozen fish export shipments fell 21 per cent during the first nine months of the ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/yields-fishing-take-dive
Mega construction supply center
A Chinese company will spend roughly $60 million to build a construction supply center on the outskirts of Phnom Penh after finalizing a land leasing agreement with the Phnom Penh Autonomous Port (PPAP) on Friday. Yunnan Sengmao Investment will build the aptly named Construction Material Supplies ...
May Kunmakara
http://www.khmertimeskh.com/news/33862/mega-construction-supply-center/
Exports rose 19 percent: Commerce Ministry
The Commerce Ministry yesterday announced a 19 percent surge in exports for the year and a quadrupling of revenue collected from import licence fees, but would not provide analogous figures for total imports or explain what could be driving the increases. According to the ministry’s annual ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/exports-rose-19-percent-commerce-ministry
250 Evacuated From Homes In Preah Vihear Due to Flood
More than 250 families in Preah Vihear province’s Preah Vihear City were evacuated from their homes yesterday and moved to higher ground due to flooding caused by persistent heavy rains that started last week, the provincial governor said. Preah Vihear Governor Oum Mara siad that the ...
Rice Exports Slow Due to Millers Hoarding
Cambodia exported more than 200,000 tons of milled rice in 2012, the greatest yield on record, though well short of the government target to export 1 million tons by 2015. Speaking at the Ministry of Agriculture’s annual meeting in Phnom Penh, Agriculture Minister Chan Sarun said ...
Cambodia has capacity to meet financial commitments
What does Friday’s affirmation of Cambodia’s ‘B’ long and short-term sovereign credit ratings actually mean? In short, it signals that the Kingdom of Cambodia — unlike Greece, for example — “currently has the capacity to meet its financial commitments,” according to definitions used by Standard and ...
Cambodia's inflation slightly up to 3.8% in June
Cambodia’s consumer price index (CPI) increased by 0.1 percent to 3.8 percent in June from 3.7 percent in May this year, according to the latest statistics of the National Institute of Statistics (NIS) on Wednesday. From May to June 2012, price for food increased by 0.9 ...
http://news.xinhuanet.com/english/business/2012-07/25/c_131737766.htm
Insurance premiums on the rise
The Kingdom’s total insurance premiums rose sharply in the first quarter of the year, compared with the same period the previous year, thanks largely to the growth of the economy and an influx of foreign direct investment, industry insiders said. Official data from the General Insurance ...
http://www.phnompenhpost.com/2013052765846/Business/insurance-premiums-on-the-rise.html
‘Tsunami’ of Tobacco-Linked Deaths Predicted
The government must act now in order to avoid a “tsunami” of tobacco-related deaths in the coming years, according to the co-author of a new report on smoking that appears in the Journal of the American Medical Association on Wednesday. Research for the study, Smoking prevalence ...
Lauren Crothers
http://www.cambodiadaily.com/news/tsunami-of-tobacco-linked-deaths-predicted-50317/
Visitors vanish from Asia’s most visited site, Angkor Wat
As dawn breaks, the unmistakable tapered towers of Angkor Wat emerge from the gloom – but for once there are no tourists jostling on its steps to capture Cambodia’s most famous sunrise. ...
Khmer Times Staff
https://www.khmertimeskh.com/50700155/visitors-vanish-from-asias-most-visited-site-angkor-wat
Czechs launch water, sanitation project in Kampong Chhnang
The Embassy of the Czech Republic in Cambodia is launching a four-year project to improve water and sanitation to help 9,662 families in two districts in Kampong Chhnang province. ...
Khorn Savi
https://www.phnompenhpost.com/national/czechs-launch-water-sanitation-project-kampong-chhnang
400K doses of China's Sinopharm vaccine arrive in Kingdom
Another 400,000 doses of the Sinopharm Covid-19 vaccine donated by China touched down at the Phnom Penh International Airport at 9:30pm on April 28, marking the third such donation the Kingdom has received from the Chinese government. ...
Mom Kunthear
https://www.phnompenhpost.com/national/400k-doses-chinas-sinopharm-vaccine-arrive-kingdom
Imports of fertilisers, pesticides over 900K tonnes
Cambodia imported 47,409 tonnes of pesticides and 858,632 tonnes of agricultural fertilisers in the first five months of 2021, a “sharp increase” year-on-year, the Ministry of Agriculture, Forestry and Fisheries reported on August 9. ...
Thou Vireak
https://www.phnompenhpost.com/business/imports-fertilisers-pesticides-over-900k-tonnes
Just eight percent left to be vaccinated against COVID-19 among targeted 10 millon in Cambodia
Cambodia has crossed the 91 percent mark in its drive to vaccinate 10 million people above the age of 18 with a total of 9,175,478 being vaccinated with at least one dose of the vaccine. ...
Khmer Times Staff
https://www.khmertimeskh.com/50926289/just-eight-percent-left-to-be-vaccinated-against-covid-19-among-targeted-10-millon-in-cambodia/
Teacher training facilities upgraded in Phnom Penh
Cambodia and Japan are set to inaugurate four new buildings at the Phnom Penh Teacher Education College, thanks to Japanese grant aid. The four new buildings – to be inaugurated on February 9 – include a library and administrative, academic and multi-purpose buildings. ...
Ry Sochan
https://www.phnompenhpost.com/national/teacher-training-facilities-upgraded-phnom-penh
Dengue cases more than double in first six months of this year
In the first six months of this year, there were more than 9,000 reported cases of dengue fever nationwide, an increase of 5,000 from the 4,000 cases for the same period in 2022. ...
Hang Punreay
https://www.khmertimeskh.com/1334443/dengue-cases-more-than-double-in-first-six-months-of-this-year/
Conference throws spotlight on key role of banks
The 9th NBC Annual Macroeconomic Conference 2022 kicked-off today, highlighting how financial institutions, particularly banks, continue to be crucial participants in funding the real economy and supporting recovery. ...
Seng Mengheng
https://kiripost.com/stories/conference-throws-spotlight-on-key-role-of-banks
PPAP’s net profit, revenue decline in 2023
Net profit for Phnom Penh Autonomous Port’s (PPAP) financial year ended December 31, 2023 (FY’23) sank 36.2 percent to $9.1 million from $14.3 million a year ago. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/ppaps-net-profit-revenue-decline-in-2023
Loan-to-deposit ratio normalising in 2024, say bankers
A number that might be of concern in Cambodia’s banking system is its loans versus deposits. For 2023, Cambodia’s banks total loans outstanding was $57.6 billion and total deposits $47.9 billion. ...
Rachel David
https://www.khmertimeskh.com/501505072/loan-to-deposit-ratio-normalising-in-2024-say-bankers/