The New Asian Century
With growing uncertainty in the US economy and an unfolding fiscal and debt crisis in the Eurozone after the global recession in 2008, Asia is expected to continue leading the global recovery. Under such circumstances, the 21st Century is emerging as the “New Asian Century”, ...
Foreign investment brings Cambodia growth, new issues
Cambodian officials say the country’s economic growth rate is set to exceed seven percent this year. According to financial analysts even if the global economy slows, Cambodia is well prepared to deal with it, partly because of strong foreign investment. But the billions of dollars ...
Asean declaration allows Cambodia to flout human rights, warn campaigners
Human rights groups in Cambodia fear a new south-east Asian declaration of human rights could conversely offer the government in Phnom Penh a figleaf to clamp down on dissent. Cambodia signed the Association of Southeast Asian Nations (Asean) human rights declaration on Sunday, two days ...
Condo oversupply persists amid low FDI and foreign buyers
Total foreign direct investment (FDI) to the real estate sector peaked at $3.6 billion in the years preceding Covid-19, where half of the approved investments was backed by Chinese investors. In 2019 alone, FDI financing in the property and real estate development in Cambodia stood around ...
Sangeetha Amarthalingam
https://kiripost.com/stories/condo-oversupply-persists-amid-low-fdi-and-foreign-buyers
Food stockpiles depress prices
Record stockpiles of food will keep worldwide prices low for 2017 and much could depend on China’s huge stocks of many commodities, Dutch food and agri financing bank Rabobank predicted yesterday, painting a dour picture for Cambodia’s food exporters struggling against low prices. ...
May Kunmakara
http://www.khmertimeskh.com/news/32346/food-stockpiles-depress-prices/
Longan exports to China soon
The agriculture ministry has urged longan growers and relevant private sector companies to register their plantations and packaging plants “as soon as possible” to be able to export the fruit to China, as negotiations on the export process reach their final stages. ...
Hom Phanet
https://www.phnompenhpost.com/business/longan-exports-china-soon
NGOs call for road safety to be included in nat’l examination
wo NGOs focused on Cambodian road safety have sent a letter to Minister of Education Hang Chuon Naron on Wednesday requesting that road safety be included in students’ learning objectives ahead of the beginning of the new school year on Friday. In their letter, the ...
Voun Dara
https://www.phnompenhpost.com/national/ngos-call-road-safety-be-included-natl-examination
Union boss adds another strike to plate
With a court date hanging over his head for his involvement in the Tai Yang factories strike in Kandal province, Cambodian Confederation of Unions president Rong Chhun yesterday intervened in another garment dispute, this time in Kampong Speu province. About 1,000 workers entered day five of ...
Fertilizer factory won’t hire non-CPP members, workers claim
Workers applying for jobs at a fertilizer factory in Kandal province claim they were passed over in favour of applicants who were members of the Cambodian People’s Party (CPP). Prey Treng II village chief Hang Suon and two job applicants told the Post yesterday that Five ...
Ministry ‘bans’ water fights for all students
With Khmer New Year just around the corner, Minister of Education, Youth and Sport Hang Chuon Naron has advised students at all public and private schools not to engage in the water fights with squirt guns and coloured powders, an activity that has become popular ...
Chea Sokny
https://www.phnompenhpost.com/national/ministry-bans-water-fights-all-students
Polls campaigning proceed peacefully across the nation, says NEC
The Cambodian Youth Party and Woman for Woman Party held rallies in Phnom Penh and Tbong Khmum province. National Election Committee (NEC) spokesman, Hang Puthea, announced that besides these two rallies, other political parties also campaigned across the nation and met with local people and ...
Cambodia needs markets to export remaining 3 million tons of cassava products
Cambodia, the export of cassava in Cambodia is in low cost this year due to low demand and local farmers grow high production Prime Minister Hun Sen said: In Pursat and Battambang provinces alone have three million tons of cassava products for export Most cassava product exported ...
ADB Report Says Cambodia Must Train More Skilled Workers
Cambodia is in need of more skilled workers in order for the economy to grow and move beyond basic manufacturing jobs, the Asia Development Bank (ADB) said in a new report. “The skills demand in Cambodia is for low-skilled workers, and this demand reinforces the current ...
Thai-Cambodian trade in Surin reaches new record high
The border trade in Surin province has reportedly reached 1 billion baht for the first time. The figure is said to be the new record high as the situation on the border of Thailand and Cambodia remains calm. Surin’s trade official Sitthiporn Bangkeaw said these ...
http://www.pattayamail.com/business/thai-cambodian-trade-in-surin-reaches-new-record-high-24190
IMF chief pledges continued support to Cambodian reforms
The International Monetary Fund (IMF) Managing Director Christine Lagarde pledged Monday to continue providing technical assistance to Cambodia for financial and fiscal reforms. Speaking during a meeting with Cambodian Economy and Finance Minister Aun Porn Moniroth, Lagarde hailed Cambodia for sound macroeconomic management and fruitful cooperation ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-12/02/c_132935757.htm
Ministry urges for registration of mango farms for exports
The Ministry of Agriculture, Forestry and Fisheries has urged farmers to register their mango farms for certification to exports. This was reminded in the ministry’s press release issued recently, adding that the registration of mango farms is also intended to stabilise the price of the ...
Lim Nary/AKP
https://www.khmertimeskh.com/50818315/ministry-urges-for-registration-of-mango-farms-for-exports/
Mondulkiri’s Putang Village considered as role model tourist attraction site
Mondulkiri provincial administration is considering the transformation of Putang village into a role model cultural and natural tourist attraction. Mondulkiri Provincial Governor Thong Savon unveiled the intention when distributing main fruit trees to 100 families in the village located in Romnea commune of Sen Monorom ...
Khmer Times Staff
https://www.khmertimeskh.com/501345705/mondulkiris-putang-village-considered-as-role-model-tourist-attraction-site/
Three women entrepreneurs from Mysuru. India participate in Cambodia meet
A high-profile women entrepreneur delegation from India completed a fruitful visit to Cambodia recently. The group comprised 55 women entrepreneurs (25 from Karnataka) from organisations such as Ubuntu Consortium, Federation of Karnataka Chambers of Commerce & Industry (FKCCI), WISE (Women’s Wing of Mysore Chamber of ...
Khmer Times Staff
https://www.khmertimeskh.com/501354124/three-women-entrepreneurs-from-mysuru-india-participate-in-cambodia-meet/
WHO Urges Higher Taxes On Tobacco
The World Health Organization (WHO) yesterday urged Cambodia to increase taxes on cigarettes and other tobacco products-currently the lowest in the world-in order to raise revenue and deter smokers. Ayda Yurekli, coordinator of the WHO’s tobacco control economics unit, said during a workshop in Phnom Penh ...
Bribes on rise for test takers
More than half a million dollars in bribes were paid to teachers during last month’s national exams by high school students in Phnom Penh alone, the authors of a new study have found. The study, conducted by the Youth Resource Development Program, found that the average ...
http://www.phnompenhpost.com/national/bribes-rise-test-takers