PM says economy to grow by 7 per cent
Prime Minister Hun Sen said on Monday that the Kingdom’s economic growth is forecast to grow at 7 per cent this year, according to news agency reports. “We still maintain our forecast of 7 per cent growth and the latest forecast showed that the inflation rate ...
Corridor towns to see $37 million in ADB loans
Battambang, Bavet, Neak Loeung and Poipet are among several towns that will benefit from a $37 million loan from the the first quarter of next year after funding was approved at the 18th Greater Mekong Sub Region (GMS) meeting in Nanning, China. The loan comes from ...
Milled rice exports gaining traction
The tonnage of the Kingdom’s milled-rice exports jumped nearly 50 per cent year-on-year in the first quarter, according to the Ministry of Commerce, with export revenues soaring as much as 82 per cent. Total exports of milled rice for the first three months of 2012 hit ...
Sesan Dam Approval Angers Villagers, Human Rights Groups
The government approved the Lower Sesan 2 dam project in Stung Treng province without any prior consultation with the most affected communities in Sesan district, where at least 5,000 people stand to be displaced, rights groups and villagers said yesterday. A study published earlier this ...
http://www.cambodiadaily.com/news/sesan-dam-approval-angers-villagers-rights-groups-5231/
Value of construction in Cambodia skyrockets
The amount of money spent on construction in Cambodia soared by 72 per cent in 2012 compared to 2011, according to data from the Ministry of Land Management, Urban Planning and Construction. The ministry said it had issued 1,694 construction patents covering 6.5 million square metres ...
China pledges $548 million in aid to ally Cambodia
China has pledged another $548 million in aid to Cambodia for infrastructure and irrigation systems, extending assistance that some critics say has bought it Cambodia’s diplomatic support. Agreements covering $500 million in soft loans and $48 million in grants were signed when Prime Minister Hun ...
http://www.reuters.com/article/2013/04/10/us-cambodia-china-idUSBRE93909D20130410
Cambodia feels drop in Asian rubber prices
The end of export restrictions in Thailand and a lowering of economic growth forecasts out of top rubber importers China, the United States and Germany have caused natural rubber prices around Asia − and in Cambodia’s local industry − to fall from a two-month high. Future ...
http://www.phnompenhpost.com/2013060666093/Business/cambodia-feels-drop-in-asian-rubber-prices.html
Cambodia sees gold price dip
Gold prices in Cambodia are down about 27 per cent from January through June, according to the Ministry of Commerce. Gold trade changed little yesterday after the biggest drop in almost two weeks in response to the US Federal Reserve Chairman Ben S Bernanke’s comments ...
http://www.phnompenhpost.com/business/cambodia-sees-gold-price-dip
Global Fund backs off threatened cuts to grants
The Global Fund has backed down on its threat to cut or reduce health grants to Cambodia worth more than $100 million, saying they considered the fraction of misused funds that have been returned thus far a sign of sufficient good will. In a letter sent ...
Kevin Ponniah
http://www.phnompenhpost.com/national/global-fund-backs-threatened-cuts-grants
Wood confiscated in Stung Treng Province
Military police and local forestry officials in Stung Treng province confiscated more than 90 pieces of luxury-grade Thnong wood from a private farm on Sunday, but only after the suspected owner escaped, according to officials. Provincial court prosecutor Chroeng Khmao said a joint force of military ...
Saing Soenthrith
http://www.cambodiadaily.com/news/wood-confiscated-in-stung-treng-province-56919/
Questions Raised Over Quarry Crackdown
The Phnom Penh municipal government issued a warning to those operating unlicensed sand quarries after a military helicopter plunged into one killing four people on Monday, but some questioned City Hall’s motives and commitment. The statement, dated Tuesday and signed by Governor Pa Socheatvong, came a ...
Khy Sovuthy
http://www.cambodiadaily.com/news/questions-raised-over-quarry-crackdown-64436/
Forestry revenues falling short
Rights groups have called on the government to increase tax rates for logging companies amid the latest domestic revenue figures. According to the Ministry for Agriculture, Forestry and Fisheries, timber exports produced $9.4 million in government tax revenue during the first half of the year, up ...
Chan Muyhong
http://www.phnompenhpost.com/business/forestry-revenues-falling-short
Year sees significant increase in abortions
The number of abortions performed in 2014 increased nearly 51 per cent from the year before, according to the Ministry of Health. A report released March 9 showed that the total number of miscarriages and abortions for the year were up by more than 4,000 cases ...
Taing Vida
http://www.phnompenhpost.com/year-sees-significant-increase-abortions
Geopacific Resources hits copper in first hole at Kou Sa, Cambodia
Geopacific Resources (ASX: GPR) has revealed results from the first drillhole at its untested Northern Porphyry prospect at Kou Sa in Cambodia. Copper sulphide mineralisation of 3.9 metres at 3.13% copper, with 0.06 metres at 5.2%, from 33.4 metres was intersected in a new area of the ...
Proactive Investors
http://www.proactiveinvestors.com.au/companies/news/53229/geopacific-resources-hits-copper-in-first-hole-at-kou-sa-cambodia-53229.html
Cambodia’s economy stagnant in first half
The National Bank of Cambodia (NBC) said the Kingdom’s economic growth stagnated in the first half of the year due to the impact of the COVID-19 pandemic and forecast that the country’s GDP would contract 1.9 percent this year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50744787/cambodias-economy-stagnant-in-first-half/
King signs South Korea FTA ratification into law
The bill sailed through the National Assembly on December 29, the 9th Committee of the Senate on December 30, and the Senate on January 6. All votes were unanimous. The document was enacted into law by a Royal Code signed by the King on January ...
Hom Phanet
https://www.phnompenhpost.com/business/king-signs-south-korea-fta-ratification-law
Kingdom exports to US surge around 46% in January
Cambodia’s exports to the United States surged 45.9 percent to $847.6 million in January this year, compared to the same month in the previous year, according to figures from the US Census Bureau. ...
ជា វណ្ណយុទ្ធ
https://www.khmertimeskh.com/501038832/kingdom-exports-to-us-surge-around-46-in-january/
CMAC secures US support for operations through 2025
The US, through the Norwegian People’s Aid (NPA), on March 9 signed a cooperative agreement to provide $6,355,720 in grants for the Cambodian Mine Action Centre (CMAC) to support the clearance of cluster munitions-affected areas for 45 months from March until November 2025. ...
Voun Dara
https://www.phnompenhpost.com/national/cmac-secures-us-support-operations-through-2025
Preparations afoot for National Road 7 upgrade groundbreaking
The Kampong Cham Provincial Administration will temporarily suspend traffic on National Road 7 on January 8 and 9, as it hosts a groundbreaking ceremony for the expansion and upgrading of the road from one of four lanes. The ceremony will be presided over by Prime ...
Neang Sokunthea
https://www.phnompenhpost.com/national/preparations-afoot-national-road-7-upgrade-groundbreaking
Emergency plan in place as Mekong levels rise and fall
The Mekong River Commission (MRC) warned on August 9 that water levels in the Mekong from Stung Treng to Kratie are likely to drop significantly. The decrease is expected to be from 0.20m to 1m over the next five days. ...
Ry Sochan
https://www.phnompenhpost.com/national/emergency-plan-place-mekong-levels-rise-and-fall