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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 ...

http://www.voanews.com/english/news/asia/southeast/Foreign-Investment-Brings-Cambodia-Growth-New-Issues-130847333.html

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

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/

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

NGOs urge UN states to set climate targets

Citing Cambodia’s vulnerability to climate change, civil society groups have called for global responses to the issue as the United Nations prepares for its annual climate change convention in Lima, Peru. ...

Shane Worrell
http://phnompenhpost.com/national/ngos-urge-un-states-set-climate-targets

Malaysia's internet faster than Cambodia’s

The government today dismissed as inaccurate information in a report released by global broadband speed test operator Ookla that the Internet speed in the country was worse than in Cambodia and Vietnam. ...

Malaysiakini News Staff
http://www.malaysiakini.com/news/303683

US gives $1.8m funding for electoral group

The US government has agreed to provide global electoral NGO International Foundation for Electoral Systems a $1.8 million grant to ensure the National Election Committee conducts free and fair elections. ...

Ros Chanveasna
http://www.khmertimeskh.com/news/37337/us-gives--1-8m-funding-for-electoral-group/

UK study warns of rubber market’s impact on local wildlife

A booming natural rubber market fueled by the global tire industry is proving “catastrophic” for endangered species in Cambodia and the rest of Southeast Asia, U.K. researchers argue in a new paper. ...

Zsombor Peter
https://www.cambodiadaily.com/news/uk-study-warns-of-rubber-markets-impact-on-local-wildlife-82067/

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