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German investors satisfied with investment environment in Cambodia

German investors are satisfied with Cambodia’s investment environment which to them is very open and favourable. The satisfaction was underlined by a German business delegation led by Frank-Walter Steinmeier, President of the Federal Republic of Germany during a meeting here at the Peace Palace on ...

Khmer Times Staff
https://www.khmertimeskh.com/501239869/german-investors-satisfied-with-investment-environment-in-cambodia/

Microfinance sector plays important role in economic development: NBC

The microfinance sector in Cambodia has been playing an important role in contributing to economic and social development, especially the reduction of poverty in rural areas, said a senior official at the National Bank of Cambodia. ...

Chea Vanyuth
https://www.khmertimeskh.com/501268058/microfinance-sector-plays-important-role-in-economic-development-nbc/

CDC okays $103.3M in new projects

The Council for the Development of Cambodia (CDC) on April 17 announced that it approved five new investment projects with a cumulative capital commitment of $103.3 million, which are expected to generate a total of 1,168 jobs. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-okays-1033m-new-projects

Bun Rany calls for further investment in midwifery

President of the Cambodian Red Cross Bun Rany released a statement ahead of International Day of the Midwife on May 5, calling for continued investment in midwifery, to ensure the present and future health of the Cambodian people. ...

Post Staff
https://www.phnompenhpost.com/national/bun-rany-calls-further-investment-midwifery

In closing arguments, prosecution frames NagaWorld gatherings as incitement, union leaders claim lawful strike

NagaWorld union leader Chhim Sithar and eight union co-defendants requested acquittal for their lawful strike during Wednesday closing statements, while prosecutors compiled a collage of evidence to portray the labor struggle as an act of incitement. ...

Khuon Narim
https://cambojanews.com/in-closing-arguments-prosecution-frames-nagaworld-gatherings-as-incitement-union-leaders-claim-lawful-strike/

Rice exports total 637,004 tons in 2022

Cambodia exported more than 637,000 tons of rice last year, with nearly half going to China, official data showed on Friday. ...

Seng Mengheng
https://kiripost.com/stories/rice-exports-total-637004-tons-in-2022

Call for UK to invest in Cambodia’s agriculture sector

Cambodia has called on the UK to consider investing in the processing of agricultural products after noting it is an important market for Cambodia’s agricultural products and manufacturing. ...

Chhorn Raksmey
https://kiripost.com/stories/call-for-uk-to-invest-in-cambodias-agriculture-sector

PPSP’s profits decline in Q4 last year, but rise on annual basis

The consolidated net profits after tax of the Royal Group Phnom Penh Special Economic Zone (PPSP) of the conglomerate Royal Group of Companies have decreased 95.21 percent to about $0.18 million in the last quarter of 2022 compared to over $3.82 million in the same ...

Kang Sothear
https://www.khmertimeskh.com/501240205/ppsps-profits-decline-in-q4-last-year-but-rise-on-annual-basis/

Cambodia’s agriculture census 2023 to be conducted in April

The Ministry of Planning will conduct the Agriculture Census of Cambodia 2023 throughout the country from April 1 to 30. The information was shared in a meeting here on February 15 chaired by Dr Chhay Than, Senior Minister and Minister of Planning, and Chairman of ...

Khmer Times Staff
https://www.khmertimeskh.com/501240797/cambodias-agriculture-census-2023-to-be-conducted-in-april/

Cambodia-India trade reaches $37M in January

In January 2023, the bilateral trade between Cambodia and India amounted to $37 million, according to the General Department of Customs and Excise’s report. ...

Chea Vanyuth
https://www.khmertimeskh.com/501243610/cambodia-india-trade-reaches-37m-in-january/

Exports to Vietnam swell 36% in Jan-Feb

Cambodian goods exports to Vietnam amounted to $491.180 million in the first two months of 2023 – surging by 36.12 per cent over the same time last year – accounting for 45.28 per cent of bilateral trade, jumping up by 7.30 percentage points year-on-year, according ...

Hin Pisei
https://www.phnompenhpost.com/business/exports-vietnam-swell-36-jan-feb

Water shortages reported in Phnom Penh and Takhmao

Phnom Penh Water Supply (PPWSA) has pledged to solve the problem of a lack of water in Takhmao and Phnom Penh cities from May, with the possibility of building a new water plant. ...

Chhorn Raksmey
https://kiripost.com/stories/cambodia-water-shortages-reported-in-phnom-penh-and-takhmao

Strategic environmental assessment in Mekong countries

Open Development Cambodia (ODC) was thrilled to host a panel discussion on “Strategic environmental assessment (SEA) in Mekong countries” at the 42nd Annual Conference of the International Association for Impact Assessment: Resilience through impact assessment and Leadership on 10th May 2023 at Borneo Convention Centre ...

Invest in major Bavet SEZ: governor

Svay Rieng provincial governor Men Vibol on May 27 extended an open invitation to potential investors from Quzhou city, Zhejiang province, China to participate in the growth story of Tai Seng Bavet Special Economic Zone, located in the southeastern town of Bavet on the border ...

Van Socheata
https://www.phnompenhpost.com/business/invest-major-bavet-sez-governor

$95 million cement plant to appear in Battambang province

A new cement plant with a total investment capital of $95 million will be built in Pcheav village, Treng commune, Rattanak Mondul district, Battambang province, according to a press release of the Council for the Development of Cambodia (CDC) made public Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501311142/95-million-cement-plant-to-appear-in-battambang-province/

$6.4m footwear factory inaugurated in Kampong Speu

The Minister of Labor and Vocational Training has officially inaugurated a shoe factory in Samrong Tong District, Kampong Speu Province with an investment of about $ 6.4 million. ...

Mon Sokeo
https://kiripost.com/stories/cambodia-64m-footwear-factory-inaugurated-in-kampong-speu

Angkor Park revenue surges by ‘300%’ in 2023

Over 600,000 international tourists purchased tickets to the Angkor Archaeological Park in the first 10 months of 2023, boosting revenue for Angkor Enterprise – a state body tasked with overseeing ticket sales – to nearly $28 million. This represents a staggering increase of over 300% ...

Hin Pisei
https://www.phnompenhpost.com/business/angkor-park-revenue-surges-300-2023

Men urged to play stronger role in childcare

A total of 95 percent of Cambodian women are involved in childcare, impacting their ability to take up full-time jobs, according to an ADB report. In response, men are being urged to play a role caring for their kids and for the government to provide ...

Meas Molika
https://kiripost.com/stories/men-urged-to-play-stronger-role-in-childcare

Kampong Thom Provincial Court sentences two indigenous people to one year in land dispute

Kampong Thom Provincial Court sentences two indigenous representatives to one year in prison on “Violence against real estate owners” in connection with a land dispute with a rubber plantation developer. ...

Va Sopheanut
https://khmer.cambojanews.com/kampong-thom-provincial-court-sentences-two-indigenous-people-to-one-year-in-prison-over-land-dispute/

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