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Cambodia rides out recession smoothly

Cambodia was the only country in the Greater Mekong subregion to have increased its rate of exports following the 2008 global financial crisis, thanks largely to garments accounting for the majority of its manufacturing exports, a new report has found. The Greater Mekong 5 – Cambodia, ...

Ananth Baliga
http://www.phnompenhpost.com/cambodia-rides-out-recession-smoothly

Travel and factory downturn a silver lining for the Kingdom’s environment

A sharp reduction in travel and production output, because of COVID-19 along with several government measures has seen Phnom Penh record a “good” level of the pollutant PM2.5 in its atmosphere, according to independent data sourced by IQ Air.​ ...

Harrison White
https://www.khmertimeskh.com/50715987/travel-and-factory-downturn-a-silver-lining-for-the-kingdoms-environment/

Action proposed to reduce air pollution by 2030

The Environment Ministry estimates that the total PM2.5 (fine particulate matter) emissions by 2030 will reach 98.5 thousand tonnes of black carbon and various short-lived climate pollutants (SLCPs) that have a common source, so measures to reduce air pollution must be implemented now. ...

Tith Kongnov
https://www.khmertimeskh.com/501013260/action-proposed-to-reduce-air-pollution-by-2030/

Candlelight’s Battambang complaints ‘too late’

The Battambang Provincial Election Commission has rejected the Candlelight Party (CP)’s 19 complaints relating to the closure of polling stations during the 5th-mandate commune council elections on June 5. ...

Nov Sivutha
https://www.phnompenhpost.com/national-politics/candlelights-battambang-complaints-too-late

Hun Sen urges boosters amid risks of new variants

Prime Minister Hun Sen reminded the public of the importance of employing preventative measures against the Covid-19 virus. A new variant, XBB.1.5, was recently identified, although no cases have yet been detected in the Kingdom. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/hun-sen-urges-boosters-amid-risks-new-variants

New variants easily re-infect vaccinated

With the Omicron sub-variants BA.4 and BA.5 spreading faster than the previous omicron variants, the Ministry of Health renewed its calls to the public to remain on high alert and protect themselves against the virus. ...

Mom Kunthear
https://www.phnompenhpost.com/national/new-variants-easily-re-infect-vaccinated

NBC’s Chanto: Kingdom’s growth will hit 6% in 2023

The central bank governor has set a six per cent target for Cambodia’s economic growth in 2023 – higher than the 5.2-5.8 per cent forecast by major international institutions such as the Asian Development Bank (ADB), World Bank (WB) and International Monetary Fund (IMF). ...

Rann Reuy
https://www.phnompenhpost.com/national/nbcs-chanto-kingdoms-growth-will-hit-6-2023

Norwegian Energy Firm Eltek Demands Mfone Pay Up

Norwegian energy firm Eltek on Thursday demanded $5 million it is owed from bankrupt telecommunications company Mfone by the end of October and blamed the court and the government for stalling payment. During a meeting at Mfone’s headquarters in Phnom Penh’s Boeng Keng Kang III commune, ...

Simon Henderson and Aun Pheap
http://www.cambodiadaily.com/business/norwegian-energy%E2%80%88firm-eltek-demands-mfone-pay-up-42823/

SOK Haingkheang

Communications Officer Kheang is in charge of producing ODC’s communication materials as well as assisting with various ODC activities such as trainings, workshops, and meetings with key stakeholders and partners. He also publishes blog posts about ODC’s activities.Haingkheang earned a Bachelor of Arts in International ...

RATH Sarath

Senior Finance and Admin OfficerTransparency, accountability and honesty are Mr. Sarath’s core values. In charge of finance and admin tasks of ODC, Mr. Sarath works closely with all team members to produce the good achievements on ensure that all financial documents are legally compliant with ...

World Bank Says Credit Growth Still a Risk

The World Bank has warned that the rapid growth of lending by Cambodia’s Banks is still a concern, despite a recent slow-down in credit disbursals. “Credit growth, which has been driven largely by wholesale and retail financing, and starting in 2011 agriculture financing, has eased to ...

http://www.cambodiadaily.com/business/world-bank-says-credit-growth-still-a-risk-20690/

For Union Leader on Run, Militant Attitude Prevails

Tax revenue increased 9.5 percent to $353.46 million in the first quarter of the year, compared to the same period last year, according to a statement released Friday by the Ministry of Finance’s general department of taxation. Kong Vibol, general director of the taxation department, said ...

Hul Reaksmey
http://www.cambodiadaily.com/business/tax-revenue-up-9-5-percent-in-first-quarter-58489/

Stock market rings in PPAP

Shares in Phnom Penh Autonomous Port (PPAP) debuted on Cambodia’s sleepy stock exchange yesterday morning, ending the day at 5,140 riel ($1.28), down 1.15 per cent from the 5,200 riel opening price, after a lukewarm session of sideways trading that dashed some investors’ hopes for ...

Cam McGrath
http://www.phnompenhpost.com/business/stock-market-rings-ppap

U.S. Embassy Phnom Penh statement on the USAID Greening Prey Lang Funding redirect

On 17 June 2021, the US Embassy in Cambodia issued a statement on the USAID Greening Prey Lang Funding Redirect. In a statement, the US embassy expressed ​concerns over deforestation​ which continues to occur in the Prey Lang Wildlife Sanctuary, where the United States Agency ...

The US Embassy in Cambodia

Implementation of the self-declaration system of labor inspection through the automatic system

On 24 May 2022, the Ministry of Labor and Vocational Training issued a notification on the implementation of the self-declaration system of labor inspection through the automatic system.Refer to the Labor Law and Proclamation No. 358 dated 30 December 2021 on the implementation of the ...

Ministry of Labor and Vocational Training

Download: pdf

Tourism wins in China trade deal

Unless Cambodian exporters find new routes to China, a proposed doubling of bilateral trade to US$5 billion by 2017 would mean little more than increased Chinese goods and investment flooding into the Kingdom. Chinese investments and imports dominated bilateral trade with Cambodia, which was worth about ...

http://www.phnompenhpost.com/index.php/2012040655456/Business/tourism-wins-in-china-trade-deal.html

Resettlement Plans Begin for Families Affected by Sesan Dam

Thousand of families that stand to be evicted when construction work on the Lower Sesan 2 Dam begins in 2014 will each receive a 1-hectare plot of land for a home as well as a 5 additional hectares for growing crops, provincial officials said yesterday. Provincial ...

http://www.cambodiadaily.com

Direct flights set for all ASEAN this year

CAMBODIA will have direct flights to all ASEAN member states this year in order to promote stronger growth of the tourism sector in the Kingdom, according to the Ministry of Tourism. Minister of Tourism Thong Khon said Cambodia will become fully connected to the ASEAN region ...

http://www.phnompenhpost.com/2013022861655/Business/direct-flights-set-for-all-asean-this-year.html

Cambodia's economy to grow by 7.2 pct in 2013, stronger in 2014: ADB

Cambodia’s economic growth is forecast at 7.2 percent in 2013, picking up to 7.5 percent next year as recovery in Europe and the United States takes hold, according to the Asian Development Bank’s annual economic outlook released on Tuesday. The United States and Europe are the ...

http://news.xinhuanet.com/english/business/2013-04/09/c_132295116.htm

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