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Thailand low-cost airlines relaunch, open brand-new links to Cambodia

Two Thai budget airlines have announced flights to Cambodia in a bid to spur bilateral tourism after the Covid-19 crisis, with one of them newly launching air links with the country, according to tourism ministry officials and representatives from the Kingdom’s main travel agent association. ...

Hom Phanet
https://www.phnompenhpost.com/business/thailand-low-cost-airlines-relaunch-open-brand-new-links-cambodia

MLVT invites unions to minimum wage talks on August 16

The Ministry of Labour and Vocational Training (MLVT) is inviting labour unions to the bargaining table for wage negotiations on August 16. The main item on the agenda are minimum wages for workers. ...

Nang Veasna
https://www.khmertimeskh.com/501335214/mlvt-invites-unions-to-minimum-wage-talks-on-august-16/

New travel association launches in Kingdom

The Pacific Asia Travel Association (PATA) launched its Cambodian chapter on Friday in the hope of further promoting the country’s second-largest sector by revenues. The sparsity of air routes to Cambodia was one of the main obstacles to the Kingdom’s tourism growth, PATA Cambodia chapter president ...

http://www.phnompenhpost.com/index.php/2012022054612/Business/new-travel-association-launches-in-kingdom.html

Maize has local farmers’ ears

Growing demand for animal feed is driving up both the demand and price of corn, with smallholder farmers claiming the field crop offers a more stable market than cassava.Corn is grown on more than 140,000 hectares in Cambodia and can be harvested twice a year, ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/maize-has-local-farmers-ears

‘Little’ campaigning done for Senate polls

The National Election Committee said yesterday that three political parties standing for next week’s Senate election have done very little campaigning, while NGOs said it was a consequence of the main opposition party being dissolved. According to an NEC press release, the three parties that have ...

May Titthara
http://www.khmertimeskh.com/50109501/little-campaigning-done-senate-polls/

Cambodia's Economic Growth

The growth prospects of the Cambodian economy in 2012 remain moderate, as has been expected. Cambodia’s real Gross Domestic Product (GOP) is estimated to grow at a rate of 6.2 percent year-on-year, which is unchanged from our estimation at the beginning of this year. Persistently weaker demand in the European and US markets remain the ...

http://www.etmcambodia.com/

Expansion of Int’l Airports to Double Capacity

Cambodia Airports will invest $100 million next year to expand the size of its airports in Siem Reap City and Phnom Penh and double the number of passengers that can pass through its two main hubs in the country, an official airport operator said yesterday. Emmanuel ...

Tourist rushed to Bangkok after falling from Siem Reap temple

A Chinese tourist visiting Angkor Wat was rushed to a Bangkok hospital on Saturday after falling off a staircase at the temple complex in Siem Reap City while taking photos of the iconic monument, officials said Monday. Chau Sun Kerya, spokeswoman for the Apsara Authority—the government ...

Ouch Sony
https://www.cambodiadaily.com/news/tourist-rushed-to-bangkok-after-falling-from-siem-reap-temple-77247/

Business hub set to tackle key challenges before listing

The Phnom Penh Special Economic Zone has 77 tenants from nine countries and 80 per cent occupancy, but high electricity costs and corruption remain a drag on profits. The main issue is electricity costs, says PPSEZ chief executive Hiroshi Umaetsu. “If [electricity] goes from 19 ...

Charles Rollet
http://www.phnompenhpost.com/business-hub-set-tackle-key-challenges-listing

Kampong Speu canal restoration to ease farmland drought

Kampong Speu Provincial Authorities are currently restoring two main canals connecting the Tasal Lake and Reservoir in Oral district to other areas in Takeo and Kandal provinces to help alleviate drought and dry farmland. ...

Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50830257/kampong-speu-canal-restoration-to-ease-farmland-drought/

Exports to US jump more than 37 percent, imports also gain January to July

Cambodia’s exports to the US rose 37.26 percent measured Jan-July. Shipments adding up to more than $3.8 billion were made up mainly of clothing, footwear and travel products. ...

Michael Firn
https://www.khmertimeskh.com/50914249/exports-to-us-jump-more-than-37-percent-imports-also-gain-january-to-july/

Cashew exports increase 345% in January-July 2021

The Kingdom exported 866,207.77 tonnes of cashew nuts in the first seven months of 2021, a 345.29 per cent year-on-year surge, with Vietnam as the main buyer, the Ministry of Agriculture, Forestry and Fisheries reported. ...

Thou Vireak
https://www.phnompenhpost.com/business/cashew-exports-increase-345-january-july-2021

EU lending arm plans expansion in Kingdom

The European Investment Bank (EIB) is planning to expand its presence in Cambodia, especially in green projects, with the EU’s lending arm currently investing in three main projects worth a total of €245 million ($249 million). ...

Voun Dara and Samban Chandara
https://www.phnompenhpost.com/national/eu-lending-arm-plans-expansion-kingdom

IMF lowers growth forecast for Cambodia due to weak external demand

On Wednesday, the International Monetary Fund (IMF) lowered its 2023 economic growth forecast for Cambodia to 5.6 percent from its April prediction of 5.8 percent, mainly due to weak external demand. ...

Khmer Times Staff
https://www.khmertimeskh.com/501378855/imf-lowers-growth-forecast-for-cambodia-due-to-weak-external-demand/

FTU Requests Week Off for Workers to Join Rally

The Free Trade Union (FTU) requested that the Garment Manufacturers Association in Cambodia (GMAC) permit workers nationwide to take a weeklong holiday in order to participate in the opposition’s planned demonstrations, according to a letter sent by the FTU this week. Signed by union president Chea ...

Khy Sovuthy
http://www.cambodiadaily.com/elections/ftu-requests-week-off-for-workers-to%E2%80%88join-rally-42214/

Municipal Court calls 10 witnesses in racist mob killing case

The Phnom Penh Municipal Court has summoned 10 witnesses, including several police officials and one reporter, as it begins investigating the brutal murder of Nguyen Vann Chean, an ethnic Vietnamese man who was beaten to death by an angry mob in Meanchey district last month. The ...

Eang Mengleng
http://www.cambodiadaily.com/news/municipal-court-calls-10-witnesses-in-racist-mob-killing-case-53754/

RCAF plates still widely used, despite ban

When the 2007 Traffic Law was passed, it required that the myriad private vehicles on the road bearing Royal Cambodian Armed Forces (RCAF) number plates be removed and switched with civilian plates within one year. But more than six years after this deadline, the sight of ...

Hul Reaksmey and Simon Henderson
http://www.cambodiadaily.com/news/rcaf-plates-still-widely-used-despite-ban-58449/

The Assassination of Union Leader Chea Vichea—A Decade On

Ten years after his assassination, friends and associates remember Chea Vichea, the founding president of the Free Trade Union, as a quiet man but a charismatic leader, passionate about labor issues and the right for workers to collectively bargain for higher wages and better conditions. ...

Denise Hruby
http://www.cambodiadaily.com/news/the-assassination-of-union-leader-chea-vichea-a-decade-on-50951/

Phnom Penh Autonomous Port pushes for IPO

Following a government push for Cambodia’s largest state-owned firms to list on the Cambodia Securities Exchange, Phnom Penh Autonomous Port (PPAP) said yesterday that it plans to float on the newly launched bourse. The port would join Telecom Cambodia and Sihanoukville Autonomous Port, both of which ...

http://www.phnompenhpost.com/index.php/2012072557594/Business/phnom-penh-autonomous-port-pushes-for-ipo.html

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