With new book, quest to recover stolen Battambang statues begins
The Ministry of Culture released a book on Monday of about 68 Khmer sculptures that were stolen from museums in Battambang City during decades of war and conflict, and intends to use the publication in a global search to recover the artifacts. ...
Michelle Vachon
https://www.cambodiadaily.com/news/with-new-book-quest-to-recover-stolen-bbang-statues-begins-113643/
Falling rice price taking a toll on exporters
The falling price of rice in Asia due to the slowing global economy and intensifying regional competition is taking a toll on Cambodian exporters and farmers even though exports jumped more than 20 percent last month compared to January last year, executives said. ...
Sum Manet
http://www.khmertimeskh.com/news/21838/falling-rice-price-taking-a-toll-on-exporters/
PTT to add 70 gas stations by 2020
An additional 70 gas stations will be set up across the country by 2020 by PTT (Cambodia) Limited, a subsidiary of Thailand’s PTT oil and gas conglomerate, while retail prices will soon be regulated to reflect the fluctuations in global oil prices. ...
Sok Chan
http://www.khmertimeskh.com/news/22390/ptt-to-add-70-gas-stations-by-2020/
Federation sees opening on digital path
Cambodia’s young, tech-enthusiastic population is a gateway to accessing the global market digitally, according to the ICT Federation of Cambodia, with its president – Steven Path – estimating that the information and communication technology sector is already nearing about $1 billion in sales. ...
Sum Manet
http://www.khmertimeskh.com/news/24307/federation-sees-opening-on-digital-path/
Approved foreign investment drops 43%
The value of foreign investments approved by the government in the first half of this year has dropped more than 43 percent, according to the Council for the Development of Cambodia (CDC), with experts laying the blame on global and regional economic slowdowns. ...
May Kunmakara
http://www.khmertimeskh.com/news/30443/approved-foreign-investment-drops-43-/
Acleda’s new ATM cards
Acleda Bank spent about $1 million to produce 800,000 new ATM cards with EMV chips to enable them to be used globally and also to mitigate the risk of fraud, said the bank’s president and group managing director on Friday. ...
Sok Chan
http://www.khmertimeskh.com/news/38780/acleda---s-new-atm-cards/
Economy still on track: World Bank
Despite better than predicted overall growth for global economies, the World Bank has slightly downgraded its 2017 forecast for Cambodia due to wage and price concerns in the Kingdom’s the garment industry as well as uncertainty surrounding next year’s national election. ...
Kali Kotoski
http://www.phnompenhpost.com/business/economy-still-track-world-bank
Denmark’s Damco launches new head office
The Embassy of Denmark in Cambodia has encouraged more Danish companies and investors to explore investment opportunities in the kingdom, arguing that in an increasingly competitive global market, it is crucial that national governments and individual businesses cooperate to increase business activity. ...
Sok Chan
http://www.khmertimeskh.com/5085157/denmarks-damco-launches-new-head-office/
No change to Cambodia’s human trafficking rank
Cambodia failed to improve its ranking on the U.S.’ annual “Trafficking in Persons Report” after being demoted last year. Released on Friday, the global report again ranks Cambodia on the Tier 2 Watch List, one tier away from the lowest position, Tier 3. ...
Phorn Bopha
http://www.cambodiadaily.com/news/no-change-to-cambodias-human-trafficking-rank-62097/
ASEAN economic ministers expect stronger growth in 2015
The ministers expect ASEAN’s economy to improve in 2015 to 5.1% – above the 3.5% global growth projection – based on the stronger demand in advanced economies, energised by the robust US recovery and several policy stimulus measures in the Eurozone and Japan. ...
Channel News Asia News Staff
http://www.channelnewsasia.com/news/business/asean-economic-ministers/1687244.html
New mall to open in late 2015
Global commercial real estate firm CBRE has put the call out for retail tenants for the new Parkson City Centre Mall, which stands to become the second foreign mall developer to open in the Kingdom in as many years. ...
Eddie Morton
http://phnompenhpost.com/business/new-mall-open-late-2015
Local unions join Right-to-Strike campaign
Three of the country’s largest unions on Wednesday added their voices to a global campaign urging member states of the International Labor Organization’s (ILO) Governing Body, which Cambodia recently joined, to not revoke the option to go on strike as a fundamental right. ...
Mech Dara and Zsombor Peter
https://www.cambodiadaily.com/news/local-unions-join-right-to-strike-campaign-78278/
Joint efforts essential for common development, says Keo Puth Rasmey
Making joint efforts to achieve common development is “even more necessary” than in the past for Asian countries that are facing common and critical challenges amid global uncertainty, a Cambodian politician said on Sunday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501085172/joint-efforts-essential-for-common-development-says-keo-puth-rasmey/
COVID-19 pandemic fuels largest continued backslide in vaccinations in three decades
WHO and UNICEF sound the alarm as new data shows global vaccination coverage continued to decline in 2021, with 25 million infants missing out on lifesaving vaccines. ...
Khmer Times Staff
https://www.khmertimeskh.com/501113173/covid-19-pandemic-fuels-largest-continued-backslide-in-vaccinations-in-three-decades/
Human rights watch: Cambodian government’s claims of democracy do not reflect reality
Cambodia’s 2023 election year was marked by attacks against government critics and independent media, according to a 2024 global Human Rights Watch (HRW) report published Thursday. ...
Khuon Narim and Leila Goldstein
https://cambojanews.com/human-rights-watch-cambodian-governments-claims-of-democracy-do-not-reflect-reality/
Youth health care in focus
A set of new global standards for adolescent health care released by the World Health Organization (WHO) and UNAIDS this week indicate that a worldwide gap in health care provision for youths is magnified by Cambodia’s comparatively young population, officials and experts said yesterday. ...
Zoe Holman
http://www.phnompenhpost.com/national/youth-health-care-focus
Banking sector firms up its foundations
Cambodia’s banking sector enjoyed another strong performance last year as the Kingdom’s economy continued to expand, with banking credit moderating, deposits increasing and financial institutions remaining healthy as they further integrate into the global economy, the central bank said in its annual report yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/banking-sector-firms-its-foundations
Cambodia takes the regional lead in HIV treatment effort
Cambodia has made significant progress in HIV treatment, taking the lead regionally by reaching 80 percent of those living with the virus and becoming one of only seven countries globally to reach target treatment goals, according to a U.N. report released on Thursday. ...
Janelle Retka
https://www.cambodiadaily.com/news/cambodia-takes-the-regional-lead-in-hiv-treatment-effort-132751/
Hun Sen muses odds on teacher prize win
Cambodian teacher Neang Phalla stood no chance of winning the Global Teacher Prize when she flew to Dubai earlier this month, Prime Minister Hun Sen reasoned yesterday, as the fact former US President Bill Clinton attended the ceremony signalled the award was going to an ...
Vong Sokheng
http://www.phnompenhpost.com/hun-sen-muses-odds-teacher-prize-win
IMF sees exports to US offsetting China slowdown
Cambodia’s economy is expected to benefit from a strong recovery in the US markets and the fall of global oil prices, driving its high growth trend, according to the International Monetary Fund’s projection for the Asia-Pacific region. ...
Kimsay Hor
http://bit.ly/1E0h3a5