Foreign Ministry notes challenges to foreign policy
The Foreign Affairs Ministry said yesterday that Cambodia’s foreign policy faces huge challenges from foreign interference under the pretext of human rights, the South China Sea dispute and the trade war between the US and China. In its annual report, the ministry noted that the ...
Sun Mesa
https://www.khmertimeskh.com/50685785/foreign-ministry-notes-challenges-to-foreign-policy
As KrisEnergy gears up to produce Cambodia’s first drop of oil, it has been besieged by creditors
The company told shareholders that it will appear in court in Singapore next Monday to request a second three-month extension to a debt moratorium. The moratorium has been in place since August, when KrisEnergy began efforts to restructure its debt load, which stood at $476.8 ...
Khmer Times Staff
https://www.khmertimeskh.com/50693541/as-krisenergy-gears-up-to-produce-cambodias-first-drop-of-oil-it-has-been-besieged-by-creditors
Announcement on the result of the new mandate meeting of the Permanent Council of Ministers dated on 31 March 2020
On Monday, March 31, 2020, at the Peace Palace of the Council of Ministers, a new mandate meeting of the Permanent Council of Ministers was presided over by Samdech Akka Moha Sena Padei Techo HUN SEN, Prime Minister of the Kingdom of Cambodia to review ...
Office of the Council of Ministers
Training needed for tourist industry
Representatives of Cambodia’s booming tourism industry yesterday called on the Asian Development Bank to provide funding for workforce training in the sector. During the meeting at the Cambodia Chamber of Commerce, tour operator Ho Vandy, who also co-chairs the Tourism Working Group in the Government-Private Sector Forum, said representatives ...
UK: Cambodia worker health part of M&S Plan A progress
UK retailer Marks & Spencer (M&S) is trialling a new campaign aimed at helping 14,000 garment workers in Cambodia deal with common health issues, as part of its Plan A ethical programme. The company, which aims to become the world’s most sustainable major retailer by 2015, ...
Katie Smith
http://www.just-style.com/news/cambodia-worker-health-part-of-ms-plan-a-progress_id119714.aspx
PM nixes ban on dual-national party leaders
In his latest abrupt policy backtracking, Prime Minister Hun Sen used a speech on Thursday to rescind a recently announced plan to ban dual nationals from leading political parties—an effort that had ostensibly been aimed at the self-exiled opposition leader Sam Rainsy. ...
Khuon Narim
https://www.cambodiadaily.com/news/104769-104769/
Rights record under fire
A pair of reports to be presented at the UN Human Rights Council in Geneva today and tomorrow paint a bleak image of a country whose rights record has worsened considerably over the past year. An annual report from the Office for the High Commissioner of Human Rights (OHCHR) in ...
Three refugees met with delegation, minister says
Three of the refugees Australia is holding at a detention center on the South Pacific island nation of Nauru agreed to meet with Cambodian officials who traveled there last week to assess the possibility of resettling some of the asylum seekers in Cambodia, Interior Minister ...
Khy Sovuthy
https://www.cambodiadaily.com/news/three-refugees-met-with-delegation-minister-says-76512/
Approved investment drops
Latest figures show the total value of approved investment in the Kingdom declined by more than 70 per cent in the first half of this year compared to the equivalent period a year before. Economists and officials are unconcerned, however, saying that some big projects during ...
http://www.phnompenhpost.com/index.php/2012081457967/Business/big-dip-in-approved-investments.html
Mobile phone subscribers increase
The number of mobile subscribers (SIM cards sold) increased 25.28 per cent during the first half of the year as a result of an expansion in the telecommunications market, according to officials. Mobile phone service subscribers increased by 3,963,734 or 25.28 per cent to 19,642,563 compared ...
Regulator gears up for mobile pricing showdown
Cambodia’s telecommunications regulator yesterday stepped up efforts to avert a brewing price war between the country’s six mobile network operators, ordering the companies to submit profitability statements within the next 10 days and summoning all operators to a meeting at the end of the month ...
Kali Kotoski
http://www.phnompenhpost.com/business/regulator-gears-mobile-pricing-showdown
Finance sector in good shape: NBC
The National Bank of Cambodia (NBC) says the banking sector will continue to grow confidently and actively contribute to economic activity. at the same time, the banking and finance sector continues to promote financial inclusion with the number of deposit clients reaching 8.2 million accounts ...
Sok Chan
https://www.khmertimeskh.com/50742892/finance-sector-in-good-shape-nbc/
LANGO discussions end in stalemate
The government and members of the civil society organisation met for the sixth and final time yesterday to discuss amendments to the Law on Association and Non-governmental Organisations, which still remains unresolved. The government working group led by Interior Ministry secretary of state Bun Honn ...
Ben Sokhean
https://www.khmertimeskh.com/50741970/lango-discussions-end-in-stalemate/
PM Hun Sen says ‘budget balanced’
PRIME Minister Hun Sen yesterday stated that the Kingdom has brought the budget into balance, with current savings standing at $3.5 billion. The statement was made in response to doubts about whether or not Cambodia is telling the truth when claiming to have up to ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50736883/pm-hun-sen-says-budget-balanced/
Logging’s roots deep
Hun Sen’s Cambodia has been shaped by the collection of illegal timber dollars, profiting a politically connected elite and in turn ensuring the ruling party’s grip on the state apparatus, a leading Australian researcher has said. Sarah Milne, a research fellow at the Australian National University, ...
Daniel Pye
http://www.phnompenhpost.com/national/loggings-roots-deep
PPCBank bond trades on secondary market
In a first for the Cambodia Securities Exchange (CSX), a listed bond were traded on the secondary market on November 24, data from the bourse show. As a result, South Korea-owned Phnom Penh Commercial Bank Plc’s (PPCBank) first bond offering (PPCB23A) on the CSX saw ...
May Kunmakara
https://www.phnompenhpost.com/business/ppcbank-bond-trades-secondary-market
Malaysia seat belt law enforcement amongst lowest in SEA – ranks below Cambodia, Vietnam, WHO finds
A closer look at the World Health Organization’s (WHO) Global Status Report on Road Safety 2015 has revealed some rather disturbing information – Malaysia is amongst the lowest-ranked nations in South East Asia (SEA) when it comes to seat belt law enforcement and awareness on ...
Gregory Sze
http://paultan.org/2015/10/22/malaysia-seat-belt-law-enforcement-lowest-sea-who-finds/
Cambodia’s land concessions yield few benefits, sow social and environmental devastation
Cambodia’s government has strenuously promoted long-term leasing of unused land as Economic Land Concessions (ELCs) to attract investors and encourage development in the impoverished nation, but observers say the policy has resulted in few benefits at the cost of huge social and environmental impacts. ...
RFA staff
https://www.rfa.org/english/news/cambodia/concessions-08262020174829.html
Opportunities, challenges for ASEAN
Cambodia will face both challenges and opportunities when the ASEAN Economic Community (AEC) combines its 10 countries into a single market for economic development, a move intended for 2015, officials said during a round-table discussion yesterday. Sok Siphanna, an adviser to the Ministry of Foreign Affairs and ...
Ministry: New measures to help SMEs
To solve the current issues faced by small and medium enterprises (SMEs) in the Kingdom, the Ministry of Economy and Finance (MEF) has issued two main measures. Secretary of State at the MEF and Secretary-General of the Committee on Economic and Financial Policy Phan Phalla ...
Sok Chan
https://www.khmertimeskh.com/50744867/ministry-new-measures-to-help-smes/