PPAP revenue rise to $8m, all round growth in Q1’24
Phnom Penh Autonomous Port (PPAP) posted a 7.1 percent year-on-year revenue hike at $8.1 million for the first quarter ended March 31, 2024 from $7.5 million, with container throughput climbing 20.4 percent to 93,153 TEUs (twenty-foot equivalent units). ...
Sangeetha Amarthalingam
https://kiripost.com/stories/ppap-revenue-rise-to-8m-all-round-growth-in-q124
Kingdom, Korea ink 6 agreements
Prime Minister Hun Manet and Yoon Suk Yeol, President of the Republic of Korea yesterday witnessed the signing of four Memoranda of Understanding (MoUs) and two other agreements aimed at expanding multifaceted cooperation in financial development, investment flow, intellectual property, drug management, vocational training and ...
Nhean Chamrong
https://www.khmertimeskh.com/501489818/kingdom-korea-ink-6-agreements/
Nimul urges local firms to go online with products
Cham Nimul, Minister of Commerce, yesterday, encouraged local companies, especially small and medium enterprises (SMEs), to register their products at ‘Cambodiatrade’ as well as explore the possibility of joining Alibaba.com to expand the market for Khmer products outside the Kingdom. ...
Nhean Chamrong
https://www.khmertimeskh.com/501495824/nimul-urges-local-firms-to-go-online-with-products/
Chanthol pushes for export of pepper, bananas into US market
Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) urged Patrick Murphy, Executive Vice President of Rice and Grain Global Sourcing at Otis McAllister to consider the possibility of exporting more agricultural products into the United States ...
Nhean Chamrong
https://www.khmertimeskh.com/501501033/chanthol-pushes-for-export-of-pepper-bananas-into-us-market/
Announcement on the start of Financial Transparency Corridor (FTC) Initiative between Cambodia and Singapore
On 18 June 2024, the National Bank of Cambodia issued a joint media release on the start of Financial Transparency Corridor (FTC) Initiative between Cambodia and Singapore on their official social media site.According to the press, the National Bank of Cambodia (NBC) and the Monetary ...
National Bank of Cambodia
Justice ministry warns citizens against “colour revolution plotting"
The Ministry of Justice issued a stern warning that efforts to incite opposition to the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA) cooperation are part of a broader scheme to instigate a colour revolution aimed at overthrowing the government. ...
Niem Chheng
https://www.phnompenhpost.com/politics/justice-ministry-warns-citizens-against-colour-revolution-plotting-
Factory Orders Staff Back to Work Amid Safety Concerns
Employees at a Taiwanese-owned shoe factory in Kompong Speu province where two workers were killed when one of the building’s floors collapsed on Thursday have been ordered back to work today, despite ongoing concerns from labor activists about the building’s safety. While conceding that some parts ...
http://www.cambodiadaily.com/news/factory-orders-staff-back-to-work-amid-safety-concerns-25192/
Fighting a different battle
Sok Ren’s eyes dart from side to side as he explains in a hushed tone why he’s been detained at military barracks in Preah Vihear province, rarely allowed to leave and under near constant surveillance, since July 31. While casting his ballot for the Cambodian People’s ...
May Titthara
http://www.phnompenhpost.com/national/fighting-different-battle
The slaughterhouse blues
It’s 1am and, as Phnom Penh sleeps, the haunting squeals of distressed animals are all that can be heard in the darkness of a field in Russey Keo district. Pigs in open-air sheds have sensed what’s coming: Hundreds of them are about to be slaughtered for ...
Shane Worrell and Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/slaughterhouse-blues
Business sector feels pinch of govt's minimum wage hike
BANGKOK – The Pheu Thai-led coalition government’s planned 300 baht daily minimum wage hike has forced some businesses to shift their production bases to areas bordering Cambodia and Myanmar, the Employers’ Confederation of Thailand (ECOT) told a seminar on Monday. at a seminar on implementing the ...
Petroleum engineers to provide support to Cambodia
At a Sept 11 meeting between Deputy Prime Minister Sok An and Ganesh C. Thakur, President of the U.S.-based Society of Petroleum Engineers (SPE), plans were discussed about the SPE providing training and expertise for the Kingdom’s oil and gas sector, according to a stAtement ...
Polluters told to pay out
Government officials yesterday pointed to developing countries as the main culprits behind climate change and claimed such nations should provide the majority of finan-cing for protecting the Kingdom from the issue. “We are a victim of the problems of the rich,” Environment Minister Mok Mareth said ...
http://www.phnompenhpost.com/index.php/2011100651994/National-news/polluters-told-to-pay-out.html
Hongkong Land plans to break ground in 2012
Hongkong Land, one of Asia’s largest property investment companies, plans to have excavators move in on one of its four properties in Phnom Penh’s Daun Penh district that it bought earlier this year, according to an official at the company. John Brinsden, country adviser for Jardine ...
Two maids allegedly suffered abuse in Malaysia
Two new claims of abuse of Cambodian maids employed in Malaysia have emerged since Friday, including one case of a woman who returned home with severe mental trauma following alleged mistreatment by her Malaysian employer, the victims’ families said. Iy Thar, a villager from Kompong Thom ...
Fund raising: Kingdom may borrow more in 2012
Cambodia could borrow US$1.1 billion from other countries in 2012, 75 per cent more than this year, to help repair infrastructure damaged in flooding and support efforts to increase rice exports to one million tonnes by 2015, a senior official said yesterday. Cheam Yeap, chairman of ...
Kingdom, WTO call on US to drop tariffs
Both Cambodia and the World Trade Organisation this week called on the United States to follow China’s lead in promising zero-tariff treatment to Least Developed Countries. Chinese President Hu Jintao, in a speech at the G20 summit in Cannes, France, on Friday, announced China would grant ...
Forestry Official, Soldiers Agree to Settle Case Out of Court
A Forestry Administration official has agreed to drop his complaint against three RACF soldiers he accused of shooting at him and fellow forestry officials in 2010 in exchange for $15,000, his lawyer said yesterday. However, officials for the Siem Reap Provincial Court and the Military ...
Kingdom inflation rises on oil prices
Inflation in Cambodia rose 5.8 per cent year-on-year in January, according to figures from the National Institute of Statistics. Rising fuel costs had spurred the inflation, which was felt largely in the price of food, officials said. Data showed food and non-alcoholic beverage prices in January increased ...
Prasac seeks commercial bank status
PRASAC, Cambodia’s largest microfinance institution by outstanding loans, planned to become a licensed commercial bank in the Kingdom, company officials said yesterday. The news comes despite calls from insiders and experts – most recently the International Monetary Fund and World Bank – for the National ...
CPP Abusing State Property, Election Body Says
The ruling CPP is misusing state properties to further its political agenda, said the Committee for Free and Fair Elections (Comfrel) in a report that will be released today. The report said Comfrel monitors had documented 200 instances in which state properties and resources had been ...