Amid stable outlook, Moody's confirms Cambodia credit rating
Moody’s Investors Service affirmed Wednesday Cambodia’s government issuer rating at B2 with a stable outlook, stating that recent labour unrest could result in only slightly slower economic growth this year. “Cambodia’s underlying credit strengths are expected to withstand the impact of recent political tensions and labor ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MmM0MmU3NmU4MmU
CPP Threatens Legal Action Against CNRP
The CPP on Tuesday threatened legal action against the CNRP if it did not cease its “defamatory rhetoric” regarding the ruling party’s relationship with the National Election Committee (NEC), which the opposition accuses of rigging July’s election in order to keep the CPP in power. The ...
Matt Blomberg and Neou Vannarin
http://www.cambodiadaily.com/elections/cpp%E2%80%88threatens-legal-action-against%E2%80%88cnrp-40389/
Sar Kheng Commends Armed Forces for Peaceful Election
Interior Minister Sar Kheng has commended the country’s security forces for creating a safe environment during the July 28 election and the post-election period leading up to the convening of the National Assembly last week, according to a letter received Tuesday. In his “letter of appreciation,” ...
Hul Reaksmey and Dene-Hern Chen
http://www.cambodiadaily.com/elections/sar-kheng-commends-armed-forces-for-peaceful-election-44161/
US Support to Cambodian Military Under Scrutiny
As military police began a 10-day training program with the U.S. military in Phnom Penh on Tuesday, questions are being raised again over Washington’s ongoing support to Cambodian security forces involved in serious human rights abuses. On January 3, military police officers opened fire with AK-47 ...
Matt Blomberg
http://www.cambodiadaily.com/news/us-support-to-cambodian-military-under-scrutiny-50670/
Japan, U.S. to help empower women in Cambodia, Myanmar
The Japanese and U.S. governments are set to launch a joint project to help empower women in developing countries in Asia, including Cambodia and Myanmar, as well as Africa, officials of both governments said Saturday. The two governments came up with the project as both Prime ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/140209/japan-us-help-empower-women-cambodia-myanmar
China IPO to benefit Kingdom
China’s Sinohydro Group Ltd earned US$2.12 billion in an initial public offering on the Shanghai Stock Exchange, the company announced yesterday. The move came just two months before Sinohydro launches the Kamchay Hydroelectric Dam in Cambodia’s Kampot province. The company expects the IPO to help fund ...
http://www.phnompenhpost.com/index.php/2011093051879/Business/china-ipo-to-benefit-kingdom.html
Floods to push up non-performing loans in 4th quarter
The worst floods in a decade may boost the number of nonperforming loans in the Kingdom’s microfinance industry in the fourth quarter, insiders said yesterday. However, those insiders said the damage done to Cambodia’s agriculture sector would not have a significant impact given the MFIs’ diversified ...
Kingdom’s petrol prices up 20%
Cambodia’s retail petrol price has increased more than 20 per cent during the first four months of this year due to rising costs on the international market, the monthly oil prices set by the Ministry of Commerce reveal. According to the price lists, which have ...
Hin Pisei
https://www.phnompenhpost.com/business/kingdoms-petrol-prices-20
Cambodia’s Place in ASEAN
Cambodia is one of the smallest and poorest economies in ASEAN. It accounts for only 0.7% of total regional economic activity and had the lowest GDP per capita in 2014 (Table 1). Only the Lao PDR has a smaller economy, and the next-poorest countries in ...
IndraStra Global
http://www.indrastra.com/2016/07/EXCERPT-Cambodia-s-Place-in-ASEAN-002-07-2016-0037.html
Cambodian government considers raising duty tax on local cigarettes
A packet of local Cambodian ARA cigarettes costs 1400Riel, around £0.22. Government tobacco tax on local products is currently 10%. Smoking and drinking is endemic in the poor youth of Cambodia and tax hike is proposed to cut the addiction. Ayda Yurekli, an academic from the ...
Homing in on the IPO price
From June 22 to 28, the price of Phnom Penh Water Supply Authority (PPWSA) stock slowly approached its Initial Public Offering (IPO) price while trading volumes stayed within the range of 10,000 to 22,000 shares. The price dropped from KHR 6,6so (US$1.63) to KHR 6,3so (US$LS6) from June 22 to 28. ...
http://www.etmcambodia.com/search.php?s=The+Week+at+the+CSX&submit=Search
Development Bank Revises Growth Outlook
A day after the International Monetary Fund (IMF) notched up its forecast for Cambodia’s economy this year, the Asian Development Bank (ADB) yesterday revised its own estimation down slightly, to 6.4 percent. The ADB’s estimation was edged down just 0.1 percent from its last forecast made ...
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
Paxlovid Covid pill authorised for patients 12 and over
The Ministry of Health, National Commission for Combating Covid-19 (“NCCC”) and commission in charge of medical drug supply have authorised and arranged for the import of Pfizer’s Paxlovid pill to treat Covid-19 in patients aged 12 years and older. ...
Mom Kunthear
https://www.phnompenhpost.com/national/paxlovid-covid-pill-authorised-patients-12-and-over
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
CRF aims sky high with milled-rice export targets
The Cambodia Rice Federation (CRF) has set full-year milled-rice export targets for the Kingdom at 750,000 tonnes in 2023 and one million tonnes in 2025, which would constitute 17.7 per cent and 57.0 per cent increases from the 637,004 tonnes – valued at $414.29 million ...
Hin Pisei
https://www.phnompenhpost.com/business/crf-aims-sky-high-milled-rice-export-targets
Customers call Metfone on promise
Winning text messages in hand, about 25 angry Metfone customers yesterday gathered at the telecom’s head office on Mao Tse Tung Boulevard to demand the new iPhones they were promised. Each of the customers had paid US$0.30 to enter a Metfone-sponsored contest and received a text ...
http://www.phnompenhpost.com/index.php/2011120753193/Business/customers-call-metfone-on-promise.html
Gov’t creates new forestry crimes task force
Prime Minister Hun Sen on Friday announced the creation of a committee tasked with putting an end to the rampant illegal logging and cross-border timber smuggling taking place in the country’s northeast. លោកនាយករដ្ឋម ន្រ្តីហ៊ុនសែន នៅថ្ងៃសុក្រនេះ បានប្រកាស ការបង្កើតនៃ គណៈកម្មាធិ ការបញ្ចប់ ការកាប់ឈើខុសច្បាប់ ទោរទន់ រត់ពន្ធ និងជាកន្លែង ទទួលយក ឈើ ...
Khy Sovuthy
https://www.cambodiadaily.com/news/govt-creates-new-forestry-crimes-task-force-105629/
World Bank: Growth at 7% for this year
Cambodia’s economy remained robust, underpinned by solid export performance and strong domestic demand, even as real growth is expected to decelerate to 7.0 per cent this year from 7.5 per cent last year, the latest World Bank Cambodia Economic Update said on Wednesday. ...
Thou Vireak
https://www.phnompenhpost.com/business/world-bank-growth-7-year