Cambodia and Vietnam’s GDP growth forecast to rank second in ASEAN in 2023
Vietnam’s GDP is projected to grow 5.8 percent this year, sharing the second position with Cambodia in the region, only after the Philippines, according to the International Monetary Fund (IMF). ...
Khmer Times Staff
https://www.khmertimeskh.com/501276403/cambodia-and-vietnams-gdp-growth-forecast-to-rank-second-in-asean-in-2023/
Ministry plans to hold event on Labour Day
The Ministry of Labour and Vocational Training has instructed all relevant departments and sub-national administrations to organise celebrations of International Labour Day on May 1. ...
Post staff
https://www.phnompenhpost.com/national/ministry-plans-hold-event-labour-day
Tina floats cashew nut shell fuel project
Minister of Agriculture, Forestry and Fisheries Dith Tina on February 7 asked Japanese firm Top Planning Japan Co Ltd (TPJ), an exporter of local cashew nuts, to look into converting the shells into fuel, and processing the crop into different food products, as well as ...
May Kunmakara
https://www.phnompenhpost.com/business/tina-floats-cashew-nut-shell-fuel-project
NagaWorld dispute drags on with 25th meeting
The Ministry of Labour and Vocational Training remains unable to find a solution to the labour dispute between NagaWorld and its dismissed employees, while civil society organisations call on the ministry to end its role as mediator and for the use of existing legal mechanisms ...
Chea Sokny
https://www.phnompenhpost.com/national/nagaworld-dispute-drags-25th-meeting
Hainan Airlines launches Shenzhen-Phnom Penh route
The Phnom Penh International Airport has welcomed the inaugural flight from Shenzen, China by Hainan Airlines, according to Cambodian Airports. ...
Khmer Times Staff
https://www.khmertimeskh.com/501244798/hainan-airlines-launches-shenzhen-phnom-penh-route/
Int’l airports welcome 2.48M passengers in H1
The international airports in Phnom Penh, Siem Reap, and Sihanoukville welcomed a combined 2.48 million passengers in the first half of this year, a staggering 270 percent increase over the same period in 2022, a senior official at the State Secretariat of Civil Aviation said. ...
Chea Vanyuth
https://www.khmertimeskh.com/501321302/intl-airports-welcome-2-48m-passengers-in-h1/
Gov’t allocates more funds for communes
The government has taken a significant step towards improving public service delivery and local development by issuing a sub-decree that transfers additional state budget resources to communes. ...
Samban Chandara
https://www.phnompenhpost.com/national/govt-allocates-more-funds-communes
Transparency International: Cambodia’s budget process lacks transparency and regulation
Cambodia’s budgetary process lacks transparency and sufficient regulation, according to a publication this month from the anti-corruption watchdog Transparency International (TI) Cambodia. ...
Seoung Nimol
https://cambojanews.com/transparency-international-cambodias-budget-process-lacks-transparency-and-regulation/
IOM appreciates Cambodia’s promotion of migrants’ rights
The International Organisation for Migration (IOM) appreciates Cambodia’s Ministry of Labour and Vocational Training for promoting and protecting the rights of migrant workers. ...
Khmer Times Staff
https://www.khmertimeskh.com/501413752/iom-appreciates-cambodias-promotion-of-migrants-rights/
MPWT considers private sector partner for Kampot Tourist Port
The Ministry of Public Works and Transport (MPWT) is considering a public private partnership (PPP) agreement with local development company AZ Builder to finalize the Kampot International Tourist Port. ...
James Whitehead
https://www.khmertimeskh.com/501488399/mpwt-considers-private-sector-partner-for-kampot-tourist-port/
MPWT considers private sector partner for Kampot Tourist Port
The Ministry of Public Works and Transport (MPWT) is considering a public private partnership (PPP) agreement with local development company AZ Builder to finalize the Kampot International Tourist Port. ...
James Whitehead
https://www.khmertimeskh.com/501488399/mpwt-considers-private-sector-partner-for-kampot-tourist-port/
NBC to launch Bakong for foreign tourists
Tourists visiting Cambodia will soon be able to conduct transactions using the Bakong payment system, according to Chea Serey, Governor of the National Bank of Cambodia (NBC), recently. ...
Chea Vanyuth
https://www.khmertimeskh.com/501526826/nbc-to-launch-bakong-for-foreign-tourists/
Singapore Airlines to increase flights to Siem Reap
Singapore Airlines (SIA) announced plans to significantly increase the number of flights to several key destinations, including Siem Reap province, in response to rising demand for air travel. ...
Hong Raksmey
https://www.phnompenhpost.com/business/singapore-airlines-to-increase-flights-to-siem-reap-
Tong Yang to Underwrite Bonna Realty IPO
More than two months after the firm announced it would list on the Cambodian Securities Exchange, Bonna Realty has selected Tong Yang Securities to underwrite its initial public offering (IPO), an official said yesterday. Sung Bonna, the CEO of the Phnom Penh-based realty firm, said that ...
Phnom Penh Autonomous Port pushes for IPO
Following a government push for Cambodia’s largest state-owned firms to list on the Cambodia Securities Exchange, Phnom Penh Autonomous Port (PPAP) said yesterday that it plans to float on the newly launched bourse. The port would join Telecom Cambodia and Sihanoukville Autonomous Port, both of which ...
Cambodia's second stock listing delayed
A Taiwanese-owned garment maker has delayed its planned Cambodia listing by three weeks, setting back what would be just the second initial public offering to be held in this developing Southeast Asian nation. Grand Twins International (Cambodia) PLC now plans to list on May 29, according ...
Chun Han Wong
http://online.wsj.com/news/articles/SB10001424052702304626304579509390823129458
Japan offers $103M aid and loan to Cambodia, both vow to strengthen relations cooperation
Cambodian and Japanese bilateral relationship and cooperation have further strengthened, following a visit by Japanese Foreign Affairs Minister Yoko Kamikawa on July 6. ...
Sovann Sreypich and Tang Porgech
https://cambojanews.com/japan-offers-103m-aid-and-loan-to-cambodia-both-vow-to-strengthen-relations-cooperation/
Road project ‘mishandled’
A seven-year, multimillion-dollar road rehabilitation project was rated “less than successful” in a report last week by the Asian Development Bank’s Independent Evaluation Department. ...
Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/road-project-mishandled
Thai fishing industry under spotlight
Far stricter monitoring of the recruitment and employment of Cambodians and other migrant labourers is needed to ensure the future of the Thai fishing industry, a new study by the International Labour Organization warns. Two and a half per cent of the 241 Cambodians interviewed ...
Abby Seiff
http://www.phnompenhpost.com/national/thai-fishing-industry-under-spotlight