FDI inflow to Cambodia increases by 7.7 percent in 2022 despite global uncertainty
Cambodia attracted fixed-asset investment of $4.68 billion in 2022, up 7.5 percent from $4.35 billion in a year earlier, a Council for the Development of Cambodia’s report showed on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501215425/fdi-inflow-to-cambodia-increases-by-7-7-percent-in-2022-despite-global-uncertainty/
Bakong top in digital currency index
Cambodia’s digital retail ecosystem was ranked first in Asia and second globally in the PricewaterhouseCooper (PwC) inaugural Central Bank Digital Currency (CBDC) global Index. ...
Husain Haider
https://www.khmertimeskh.com/50842250/bakong-top-in-digital-currency-index/
1,000 days to go on Millennium Development Goals
April 5th marks the starting date for the United Nations Development Program (UNDP) and its partners in Cambodia in observing the milestone of 1,000 days to the end of 2015 which is the target date for achieving the Millennium Development Goals (MDGs). “The MDGs ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=MzVkZTcwZWRkNjY
Malaria money sits idle
Millions of dollars of aid money granted to Cambodia by the Global Fund to combat malaria have been left sitting in a bank account for more than a year, official documents seen by the Post show.The money remains untouched because the National Malaria Centre (CNM) ...
Jamie Elliott
http://www.phnompenhpost.com/national/malaria-money-sits-idle-0
Cambodia named world’s best destination for tourists
The Kingdom has won the Pacific Area Travel Writers Association’s International Travel Award for Best Destination despite the global coronavirus outbreak that has dampen the global tourism industry. ...
Sok Chan
https://www.khmertimeskh.com/50701107/cambodia-named-worlds-best-destination-for-tourists
ACLEDA awarded credit upgrade by ratings agency
ACLEDA Bank (CSX: ABC)’s standalone credit profile has been upgraded by global ratings agency, Standard & Poor’s (S&P) from ‘bb-’ to ‘bb’ with the bank’s overall credit rating listed as a B+. ...
Harrison White
https://www.khmertimeskh.com/50795387/acleda-awarded-credit-upgrade-by-ratings-agency/
PM Hun Sen calls for calm as gasoline prices soar to record high
Prime Minister Hun Sen yesterday appealed to people to calm down as gasoline prices hit another high peak, citing that global crude oil has been on surge as the Russian-Ukraine crisis threatened to disrupt global supply. ...
Chea Vanyuth
https://www.khmertimeskh.com/501034692/pm-hun-sen-calls-for-calm-as-gasoline-prices-soar-to-record-high/
Slight fall in food price index
Global food prices fell 1 per cent or two points in the October 2012 Food and Agriculture Organisation’s (FAO) Food Price Index released on October 7, 2012. The index averaged 213 points, compared to September’s revised level of 215 points. According to the FAO, the decrease ...
http://www.phnompenhpost.com/index.php/2012110959664/Business/slight-fall-in-food-price-index.html
COVID-19 impacts garment workers in Cambodia
The global outbreak of the Coronavirus is slowing down the economy and threatens to eliminate thousands of jobs in the global supply chain in South East Asia, particularly in Cambodia as one of the most affected countries in the region. ...
Khmer Times Staff
https://www.khmertimeskh.com/50701601/covid-19-impacts-garment-workers-in-cambodia/
Nike seeks investigation of mass fainting incidents
Global sportswear giant Nike has asked the International Labour Organisation’s industry monitoring body to investigate the two mass fainting incidents at its supplier Sabrina (Cambodia) Manufacturing last week and report its finding to it, Nike said yesterday. “Nike has requested ILO Better [Factories] Cambodia, the industry ...
Ministry rejects report on loss of forest cover
The Ministry of Environment rejected a report from the Global Initiative Against Transnational Organised Crime which claimed that Cambodia had lost more than 50,000ha of forest cover in Prey Lang Wildlife and Preah Rokar-Chheb Wildlife Sanctuaries over an 18-year period. ...
Nov Sivutha
https://www.phnompenhpost.com/national/ministry-rejects-report-loss-forest-cover
A new teaching approach in Cambodia is helping young people reach their potential
It has been almost two years since the COVID-19 pandemic broke out globally. The impacts of lockdowns, constant uncertainty, ‘education limbo’ and disruption to daily life is a global concern for children, young people and their futures. ...
Khmer Times Staff
https://www.khmertimeskh.com/928558/a-new-teaching-approach-in-cambodia-is-helping-young-people-reach-their-potential/
Rubber investments in Kingdom jump 255%
Investment in Cambodian rubber plantations increased by 255 per cent in 2011 on rising global demand for the commodity. There were 20 new projects worth US$675 million in the Kingdom last year, according to data from the Council for the Development of Cambodia. There were nine ...
Joint venture gets rubbish duty in north PP
Singapore-based 800 Super Waste Management Pte Ltd, in cooperation with local firm Global Action for Environment Awareness Plc (GAEA), have expanded into Cambodia’s solid waste management sector, the companies said in a January 27 joint media release. ...
Thou Vireak
https://www.phnompenhpost.com/business/joint-venture-gets-rubbish-duty-north-pp
Ministry, Swisscontact ink MoU on SME e-commerce
The Ministry of Commerce and Swisscontact, representing the Global Alliance for Trade Facilitation (GATF), are teaming up on a project to make it easier for small- and medium-sized enterprises (SME) to ship and receive small parcels internationally, according to the ministry. ...
May Kunmakara
https://www.phnompenhpost.com/business/ministry-swisscontact-ink-mou-sme-e-commerce
Cambodia FDI inflows zoom 22 percent at $4.35 billion in 2021
The fourth quarter in 2020 saw the start of a sharpest global FDI uptrend since the 2008 recession, which resulted in a global FDI flow of $1.65 trillion in 2021, up 77 percent from $929 billion in 2020. South East Asia netted $184 billion, surpassing ...
Josh Downs
https://www.khmertimeskh.com/501037592/cambodia-fdi-inflows-zoom-22-percent-at-4-35-billion-in-2021/
GDI helps Cambodian infrastructure, promotes trade links among countries
The China-proposed Global Development Initiative will create a platform for joint growth and see more benefits go to Cambodia due to its cooperation with China to build a community with a shared future, officials and business leaders said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501175134/gdi-helps-cambodian-infrastructure-promotes-trade-links-among-countries/
GTC gets $19.97M financing from EXIM Bank for telecom infrastructure in Cambodia
Global Tower Corporation Pty Ltd (GTC), a prominent telecommunications infrastructure company in Cambodia, has secured $19.97 million in financing from Export-Import Bank of Malaysia Berhad (EXIM Bank Malaysia) to support the expansion of essential telecommunications infrastructure across the Kingdom. ...
Khmer Times Staff
https://www.khmertimeskh.com/501578332/gtc-gets-19-97m-financing-from-exim-bank-for-telecom-infrastructure-in-cambodia/
Little appetite for garment strike in Phnom Penh
Most garment factories did not open for business Thursday, choosing to extend the Khmer New Year holidays—which officially ended Wednesday—rather than face industrial action in the form of a planned nationwide stay-at-home strike. However, a number of workers interviewed Thursday said they knew nothing about the ...
Zsombor Peter and Mech Dara
http://www.cambodiadaily.com/news/little-appetite-for-garment-strike-in-phnom-penh-56695/
Cambodia prepares for the Global Conference on Assistance to Landmine Victims and Explosives and Disability Rights
Dr. Ly Thuch, Senior Minister and First Vice President of the Mine Authority, on September 21, at the Office of the Mine Authority, chaired an inter-ministerial meeting to prepare for the 3rd Global Conference on Assistance to Mine Victims, Anti-Personnel and Explosive Remnsnrs of War, ...
Khmer Times Staff
https://www.khmertimeskh.com/501364366/cambodia-prepares-for-the-global-conference-on-assistance-to-landmine-victims-and-explosives-and-disability-rights/