Cambodian scholar says China’s BRI key contributor to global economic growth in post-pandemic era
China-proposed Belt and Road Initiative (BRI) has become a key contributor to global economic growth and poverty reduction in the post-COVID-19 pandemic era, a Cambodian scholar said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501285739/cambodian-scholar-says-chinas-bri-key-contributor-to-global-economic-growth-in-post-pandemic-era/
Building water links to Vietnam
Authorities are planning upgrades to effectively double the capacity of boats travelling from Phnom Penh Autonomous Port to Vietnam, according to port Director General Hei Bavy. A 2009 agreement with Vietnam authorities allows ships travelling down the Mekong from Cambodia to offload at Cai Mep ...
China's Aid to Cambodia Helps Cement Ties
When Asia-Pacific leaders gather this weekend in Southeast Asia—a bright spot in a sputtering global economy—their Cambodian hosts may extend a warm welcome to U.S. President Barack Obama, but they will view officials from Beijing as old friends. Mr. Obama’s visit to Cambodia—this year’s host for ...
Chun Han Wong
http://online.wsj.com/article/SB10001424127887324595904578120582308358540.html
SINET, Philippine firm team up for telecoms solutions
The Philippines’ PLDT Global Corp (PGC) unveiled a new partnership with Cambodia’s SINET, a registered trademark of SI Group Co Ltd, to broaden its regional footprint and supply technology solutions that help the local telecoms service provider’s customers stream more seamlessly. ...
Thou Vireak
https://www.phnompenhpost.com/business/sinet-philippine-firm-team-telecoms-solutions
New M’kiri airport to boost tourism, economy but deforestation concerns linger
The government has permitted private firm Focus Trans Global Venture Co Ltd (FTGV) to study the construction of a new airport in Mondulkiri province, northeast of Cambodia, as well as invest in a build, operate and transfer (BOT) model, the Office of the Council Minister ...
Khuon Narim
https://cambojanews.com/new-mkiri-airport-to-boost-tourism-economy-but-deforestation-concerns-linger/
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 ...
Profit down in first nine months of year: PPAP
Phnom Penh Autonomous Port (PPAP), a listed state-owned river quay, reported a decline in revenue for the first nine months of 2023, a decrease attributed to unfavorable global economic conditions, largely exacerbated by the prolonged Russia-Ukraine conflict, which has adversely impacted global demand. ...
May Kunmakara
https://www.phnompenhpost.com/business/profit-down-first-nine-months-year-ppap-2
In petroleum market, gov’t takes an active role
As global oil prices have plummeted over the past year, the price of gas at the pump in Cambodia has seen a much slower fall. ...
Kang Sothear
https://www.cambodiadaily.com/news/in-petroleum-market-govt-takes-an-active-role-94063/
Rubber prices fall again
Rubber producers say the price of local rubber has declined again, blaming a slowdown in the global economy and less demand for rubber. ...
Sum Manet
http://www.khmertimeskh.com/news/25271/rubber-prices-fall-again/
Kingdom may fall short of Tourism target
Cambodia may not achieve its goal of attracting 5 million tourists this year due to the slowdown in the global economy, according to the Ministry of Tourism. ...
Muny Sithyna
http://www.khmertimeskh.com/news/13765//
A $7.8 million garment factory project approved by CDC
Council for the Development of Cambodia (CDC) has approved a new investment project with a total capital of $7.8 million in Takeo province. According to the CDC’s press release issued this afternoon, invested by HC Global Textile Co., Ltd., the newly approved project is expected ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50804809/a-7-8-million-garment-factory-project-approved-by-cdc/
Rubber outlook bleak despite price bounce
Despite an initial rebound in global rubber prices, Cambodian rubber farmers predict a bleak year as production and exports have increased while profits continue to suffer. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/rubber-outlook-bleak-despite-price-bounce
Oil blocks to remain open
The government said yesterday it would postpone bidding on two vacated offshore oil blocks given the low global levels of investment flowing into petroleum exploration activities. ...
Sor Chandara
http://www.phnompenhpost.com/business/oil-blocks-remain-open
Demand for commercial property still high
While commercial buildings in Phnom Penh are still in demand, occupancy rates, however, have fallen slightly for residential apartments, according to global property consultancy Knight Frank. ...
May Kunmakara
http://www.khmertimeskh.com/news/28403/demand-for-commercial-property-still-high/
King Sihamoni meets Chinese vice president
Chinese Vice President Li Yuanchu met with King Norodom Sihamoni and Queen Mother Norodom Monineath on Friday afternoon, the Global Times reported. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=NjEwYTg4ZjE0ZjF
Crude palm oil exports increase
Cambodia’s exports of crude palm oil have increased, though the price has declined in line with falling global prices, according to an official and a producer. ...
Sum Manet
http://www.khmertimeskh.com/news/22860/crude-palm-oil-exports-increase/
Cambodia will weather financial storm: experts
The global stock market tumble may take the wind out of Cambodia’s property sector, but should have muted effects on the rest of the economy, analysts said yesterday. ...
Igor Kossov
http://www.khmertimeskh.com/news/14919/cambodia-will-weather-financial-storm--experts/
Hatchlings bring hope for endangered ducks
Nine eggs of the globally endangered white-winged duck have successfully hatched after a nest was found last month in Preah Vihear province’s Kulen Promtep Wildlife Sanctuary. ...
Ven Rathavong
http://www.khmertimeskh.com/5080411/hatchlings-bring-hope-endangered-ducks/
Foreign ministry set for Mar annual conference
The Ministry of Foreign Affairs and International Cooperation is set to hold its annual conference in early March to evaluate its achievements and develop an action plan for the coming year. The ministry will evaluate its diplomatic accomplishments at the global and regional level, and ...
Samban Chandara
https://www.phnompenhpost.com/national/foreign-ministry-set-mar-annual-conference
Impunity, rights abuses unchecked in Cambodia: Amnesty
Cambodia has been taken to task in Amnesty International’s latest global report, which said the Southeast Asian country continued to abuse human rights while allowing impunity to continue unchecked. ...
Lauren Crothers
http://www.newsfultoncounty.com/politics/news/2428368-impunity-rights-abuses-unchecked-in-cambodia-amnesty