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PPAP’s net profit, revenue decline in 2023

Net profit for Phnom Penh Autonomous Port’s (PPAP) financial year ended December 31, 2023 (FY’23) sank 36.2 percent to $9.1 million from $14.3 million a year ago. ...

Sangeetha Amarthalingam
https://kiripost.com/stories/ppaps-net-profit-revenue-decline-in-2023

Energy ministry targeting illegal mining in Mondulkiri

The Ministry of Mines and Energy is committed to ending unregulated mining in Mondulkiri’s Mesam area, promoting legal practices to boost employment, increase national revenue and reduce environmental and societal impacts, according to the ministry. ...

Kim Yutharo
https://www.phnompenhpost.com/national/energy-ministry-targeting-illegal-mining-in-mondulkiri

Cambodia’s trade with ASEAN up 19% in Q1

Cambodia’s trade with other ASEAN countries rose by 18.64 percent to $4.32 billion in the first quarter of this year, a report from the Ministry of Commerce showed. ...

Chea Vanyuth
https://www.khmertimeskh.com/501473546/cambodias-trade-with-asean-up-19-in-q1/

Government plans to introduce new land law in mid-term

The government, through the Ministry of Land Management, Urban Planning and Construction, plans to introduce a (new) land law, which has been created to replace the old land law that has been in use since 2011 to be in line with the evolution of the ...

Hang Punreay
https://tinyurl.com/ycyvd5ff

Education minister calls for libraries, reading in teacher training schools

Minister of Education, Youth and Sport Hang Chuon Naron has called on all teacher training institutions to establish standard libraries and incorporate reading programmes into their curricula to further enhance the capabilities of pedagogical students. ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/education-minister-calls-for-libraries-reading-in-teacher-training-schools

PAS profits jump 45 percent in one year

The Sihanoukville Autonomous Port (PAS), the only international deep-sea port of Cambodia, yesterday, reported a net profit of KHR 121.96 billion for last year, a surge of KHR 37.81 billion or 44.93 percent compared to 2022. ...

Manoj Mathew
https://www.khmertimeskh.com/501466079/pas-profits-jump-45-percent-in-one-year/

US offers 12 million more in aid for demining mission

The United States, as part of its ongoing commitment to help Cambodia achieve its objective of becoming a country free of landmines by 2025, has increased its financial assistance for the Kingdom’s mine clearance activities. ...

Som Sotheary
https://www.khmertimeskh.com/501469690/us-offers-12-million-more-in-aid-for-demining-mission/

Wanli Tire eyes major capacity expansion in Cambodia

Wanli Tire Co Ltd, a State-owned enterprise based in Guangzhou, capital of Guangdong province, has begun construction of a new-phase production base amid a recovery of the country’s tire industry last year. ...

China Daily
https://www.khmertimeskh.com/501426360/wanli-tire-eyes-major-capacity-expansion-in-cambodia/

Cambodia loses 31% of protected Areas’ trees in one decade

Cambodia lost 31 percent of tree cover from its wildlife sanctuary protected areas between 2001 and 2022, and more than 100,000 hectares (ha) in 2022, equivalent to 1.2 percent, according to a Citizens Engaged in Environmental Justice for All (CEEJA) report.  ...

Thang Sinorn
https://kiripost.com/stories/cambodia-loses-31-of-protected-areas-trees-in-one-decade

Cambodia’s international trade up 16.7 pct in January

Cambodia’s foreign trade volume hit $4.05 billion in January 2024, up 16.7 percent from $3.47 billion in the same month last year, an official report showed on February 12, 2024. ...

Khmer Times Staff
https://www.khmertimeskh.com/501439008/cambodias-international-trade-up-16-7-pct-in-january/

Battambang province industry showing strength in Q1

Cambodia’s northwestern province of Battambang, well known as one of the national agricultural hubs, has also developed a considerable industrial economy in recent periods, buoyed by increased private investment in production facilities and public infrastructure upgrades improving connectivity for the region. ...

James Whitehead
https://www.khmertimeskh.com/501470942/battambang-province-industry-showing-strength-in-q1/

Traffic safety in spotlight as nation gears up for KNY

With the Khmer New Year (KNY) rapidly approaching and the expected exodus to the provinces, the government urged people to abide by the traffic law to prevent a surge in road accidents. ...

Hang Punreay
https://www.khmertimeskh.com/501470984/traffic-safety-in-spotlight-as-nation-gears-up-for-kny/

Minister of Land Management Urges Land Registration Officers in Siem Reap

This past week, H.E Say Sam Al, Minister of the Ministry of Land Management, Urban Planning and Construction urged all relevant officials to increase land registration activities in Siem Reap in accordance with the government strategic plan. ...

Keo Rachana
https://tinyurl.com/25a6j23u

Over $800 million invested so far in Bokor Mountain

The Sokimex Group states that it has so far invested about 800 million US dollars to develop of Bokor Mountain in Kampot province.   ...

Khmer Times Staff
https://www.khmertimeskh.com/501501416/over-800-million-invested-so-far-in-bokor-mountain/

Growth opportunities for Cambodian SMEs in securities market

Small and medium-sized enterprises (SMEs) in Cambodia can unlock significant growth opportunities by accessing the securities market, a concept explored in detail during a seminar co-organised by the Securities and Exchange Regulator of Cambodia (SERC), APM (Cambodia) Securities Co Ltd and Asset Pro Management Co ...

Hong Raksmey
https://www.phnompenhpost.com/business/growth-opportunities-for-cambodian-smes-in-securities-market

Electricity outages a hurdle for businesses in Cambodia

Cambodian businesses face more basic infrastructure problems like electricity outages than their ASEAN peers, according to a recent World Bank report. ...

Rachel David
https://www.khmertimeskh.com/501508284/electricity-outages-a-hurdle-for-businesses-in-cambodia/

Perfect run for imported trains in trials

The Royal Railway of Cambodia (RRC) yesterday announced the successful conclusion of trial runs of the newly imported trains on the Phnom Penh-Sihanoukville line, a significant milestone for the railway development of the country. ...

Chea Vanyuth
https://www.khmertimeskh.com/501513571/perfect-run-for-imported-trains-in-trials/

Rice exports surge in first half of 2024

Cambodia exported 338,654 tonnes of milled rice in the first six months of 2024, a year-on-year increase of 2.7 percent, the Cambodia Rice Federation (CRF) said on Tuesday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501520193/rice-exports-surge-in-first-half-of-2024/

Japan grants Cambodia approximately $60M in aid and loans

Cambodia and Japan signed and exchanged notes concerning a yen loan project and a grant aid project during Japanese Foreign Minister Kamikawa Yoko’s official visit to Cambodia from July5-6, 2024. ...

Khmer Times Staff
https://www.khmertimeskh.com/501519125/japan-grants-cambodia-approximately-60m-in-aid-and-loans/

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