Petrol prices squeeze domestic consumers
Soaring prices for gasoline and goods have hurt some Cambodian consumers, causing what economists have said was a drop in the living standard of the Kingdom’s lower-income population. Gasoline traded at 5,300 riel per litre in Phnom Penh yesterday, an increase of about 12 percent ...
Companies given right to develop wildlife land
The Cambodian government has reclassified 12,000 hectares of wildlife sanctuary to make way for agro-industry concessions for three companies, according to the royal book issued on March 19. The land has been cut from the Kulen Promtep Wildlife Sanctuary, the largest protected area in Cambodia, which ...
Prince Thomico denies Fresh News story that he is leading group to destroy polls
Prince Sisowath Thomico, a cousin of King Norodom Sihamoni, strenuously denied a Fresh News report that he was the mastermind behind a group of opposition activists planning to disrupt the July 29 national elections. The report on Monday said that on a recent evening, a ...
Ben Sokhean
https://www.phnompenhpost.com/national/prince-thomico-denies-fresh-news-story-he-leading-group-destroy-polls
Cambodia to benefit substantially from China’s BRI: Moody’s
Moody’s Investors Service Inc sees Cambodia, which has a B2 stable rating, as one of the countries that stand to benefit the most from China’s Belt and Road Initiative. In its latest report, Moody’s analyses the potential long-run economic gains and near-to-medium term macro-stability risks ...
Poovenraj Kanagaraj
https://www.khmertimeskh.com/50600312/cambodia-to-benefit-substantially-from-chinas-bri-moodys/
Cambodia PM starts to 'like' Facebook as opponents woo voters online
Cambodia’s Prime Minister Hun Sen is taking a belated leap into the digital age in a bid to court young, urban voters as he tries to fend off unprecedented competition from the opposition after three decades in power. Hun Sen’s Facebook, which how has 1.2 ...
Prak Chan Thul
http://www.reuters.com/article/2015/10/20/us-cambodia-socialmedia-idUSKCN0SE2RW20151020
New salary bump for civil sector employees
Civil servants will see their salaries raised again from January as part of incremental annual pay increases scheduled through 2018, the government announced yesterday.Next year’s raise will mean about 200,000 civil servants will have their basic salaries increased by 12 per cent from the current ...
Chhay Channyda
http://www.phnompenhpost.com/national/new-salary-bump-civil-sector-employees
New palm oil plant for $16m
Mong Reththy Group (MRG) will begin construction on a US$16 million crude palm oil refinery next month in Preah Sihanouk province, where several thousand hectares of palm trees are grown, insiders said yesterday. Mong Reththy, president of the eponymous firm, told the Post that his company ...
http://www.phnompenhpost.com/2013030661772/Business/new-palm-oil-plant-for-16m.html
Factory Workers Continue to Strike for Higher Wages
About 4,000 garment workers from factories that produce clothing for international brands H&M, Gap and Levi Strauss continued protesting yesterday in Phnom Penh for higher wages, union representatives said. Singaporean-owned SL Garment Processing (Cambodia) Ltd. parked three large trucks in front of their Meanchey district factories ...
Hundreds demonstrate on activist’s behalf
Two days before a land activist’s scheduled sentencing, about 400 people affected by land grabs demonstrated at Pursat Provincial Court in support of the man who frequently protests against the Pheap Imex Company. About 12,000 families are now involved in land disputes around a Pheap ...
http://www.phnompenhpost.com/2013070966735/National/hundreds-demonstrate-on-activist-s-behalf.html
Cambodia's Population At 14.68 Million
Cambodia’s population has risen to 14.68 million, up nine percent over the last five years, according to the intercensal population survey. The survey conducted by the Planning Ministry’s National Institute of Statistics showed 7.12 million of the population are males and 7.56 million females, Xinhua news ...
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=970080
Thais return jailed loggers
Dozens of Cambodian prisoners were released by Thai authorities yesterday after serving 20-month prison sentences in Thailand for crossing the border illegally to log rosewood. The group of 37, all arrested within Thai territory on March 12 last year, were released through the Chaom Sangman checkpoint ...
Phak Seangly
http://www.phnompenhpost.com/national/thais-return-jailed-loggers
Better protection entertained
Workers in an industry where obnoxious, drunk customers and 12-hour shifts are common could gain legal safeguards if a subdecree brought before a Ministry of Labour committee yesterday passes into law. The set of prakases for entertainment workers – which appeared before the Labour Advisory Committee ...
Sean Teehan
http://www.phnompenhpost.com/national/better-protection-entertained
Cambodian capital sees 445 protests during year-long standoff
Phnom Penh, capital of Cambodia, recorded 445 demonstrations during a year-long political crisis following disputed election results in July last year, municipal police chief Chuon Sovann said Wednesday. “About 445 protests had occurred in the past 12 months, including more than 80 protests led by the ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-07/30/c_133520567.htm
Insurance industry revenue up 14 percent
Revenue among insurance firms increased 14 percent in the first quarter compared with the same period last year, according to figures released Tuesday by the Insurance Association of Cambodia (IAC). From January to March, insurance premiums generated $13.86 million compared to $12.15 million the year before, ...
Hul Reaksmey
http://www.cambodiadaily.com/business/insurance-industry-revenue-up-14-percent-57786/
SL protesters appeal for bail
Two suspects arrested during a deadly garment-worker demonstration in November appealed for bail at the Supreme Court yesterday. Vann Ny and Vann Norn have been detained since an intended march of striking SL Garment factory workers devolved into a riot on November 12, at which participants ...
Kim Sarom
http://www.phnompenhpost.com/national/sl-protesters-appeal-bail
Cambodia's trade volume exceeds 16 bln USD in 11 months
Cambodia’s trade volume with foreign countries rose by 16 percent year on year in the first eleven months of 2014, according to data from the Ministry of Commerce on Tuesday. The country exported products in equivalent to 7.05 billion U.S. dollars, up 12 percent year-on-year ...
EastDay.com News Staff
http://english.eastday.com/auto/eastday/business/u1ai8467542.html
Domestic production strengthens as F&B imports fall
Food and beverage imports to Cambodia have fallen over the past 12 months, marking a notable shift in domestic production and the public’s recognition of the “Made in Cambodia” brand, officials say. Cambodia spent around $223 million on food and beverage imports to supply the domestic ...
Chan Muyhong
http://www.phnompenhpost.com/domestic-production-strengthens-fb-imports-fall
Rough start for CSX’s second listing
Grand Twins International launched its IPO one year ago to much fanfare, but a dwindling stock price has failed to generate much confidence in Cambodia’s fledgling bourse despite the initial fanfare at the Cambodia Securities Exchange over the listing of Grand Twins International 12 months ago, ...
Ananth Baliga
http://www.phnompenhpost.com/post-weekend/rough-start-csxs-second-listing
Cambodian PM to participate in the “Leader-level virtual Climate Ambition Summit” this weekend
Prime Minister Hun Sen will take part in the “Leader-level virtual Climate Ambition Summit” to be held on dec. 12, 2020, at the invitation from world leaders. ...
ABA reports strong Q4 earnings
Advanced Bank of Asia Limited (ABA Bank) reported a pre-tax profit increase of 19.12 percent to $50.2 million in its quarterly report released yesterday. ...
Husain Haider
https://www.khmertimeskh.com/50814559/aba-reports-strong-q4-earnings/