NBC to intervene in foreign exchange market
The National Bank of Cambodia (NBC) will intervene in the currencies market in response to slower demand for riel and appreciation of the US dollar in the international foreign exchange market, an NBC release said. ...
Kang Sothear
https://www.khmertimeskh.com/501351238/nbc-to-intervene-in-foreign-exchange-market/
NBC to intervene in foreign exchange market
The National Bank of Cambodia (NBC) will intervene in the currencies market in response to slower demand for riel and appreciation of the US dollar in the international foreign exchange market, an NBC release said. ...
Kang Sothear
https://www.khmertimeskh.com/501351238/nbc-to-intervene-in-foreign-exchange-market/
Donor diversity powers Angkor Hospital for Children
In the first half of this year, Angkor Hospital for Children (AHC) in Siem Reap successfully raised approximately $4 million through local and international donations. ...
Long Kimmarita
https://www.phnompenhpost.com/national/donor-diversity-powers-angkor-hospital-children
Association disputes ‘crime haven’ tag as trafficking reports mount
The Federation of Khmer Chinese in Cambodia on Wednesday disputed international media characterizations of the country as a haven for criminal syndicates as attention grows on human trafficking at scam compounds. ...
VOD Staff
https://vodenglish.news/association-disputes-crime-haven-tag-as-trafficking-reports-mount/
Gov’t urged to pass access to information law
Cambodia on Friday commemorated International Day of Universal Access to Information with a conference that gathered over 150 representatives from the government, civil society, indigenous communities, youth groups, organisations of persons with disabilities and political parties. ...
Taing Rinith
https://www.khmertimeskh.com/501161228/govt-urged-to-pass-access-to-information-law/
$188m road and water loans to be signed with Japan
The Ministry of Foreign Affairs and International Cooperation (MoFA) announced that Cambodia will have two loan agreements totalling $188 million signed with Japan on road connectivity and water supply. ...
Rov Hongseng
https://kiripost.com/stories/188m-road-and-water-loans-to-be-signed-with-japan
Cashew processing plants set to expand exports
Two internationally-backed cashew processing plants are slated to begin operating in Kampong Thom province, with a potential export manufacturing capacity of more than 20,000 tonnes per year. ...
Van Socheata
https://www.phnompenhpost.com/national/cashew-processing-plants-set-to-expand-exports
Qatar resumes flights to Phnom Penh amid rising tourist numbers
Qatar Airways touched down at Phnom Penh International Airport (PNH) on October 29, marking its comeback after suspending operations due to the Covid-19 pandemic and aiming to tap into Cambodia’s resurgent tourism sector. ...
Post Staff
https://www.phnompenhpost.com/business/qatar-resumes-flights-phnom-penh-amid-rising-tourist-numbers
Electrical exports bolster economy in 2023, up 50%
Cambodia exported over $3.1 billion in electrical machinery, equipment and related products to the international market in 2023, an increase of more than 50% compared to 2022. The export value of these products constituted nearly 14% of the country’s total exports, as per data from ...
Hin Pisei
https://www.phnompenhpost.com/business/electrical-exports-bolster-economy-in-2023-up-50-
MoC partners with Thailand for Thaifex-Anuga Asia 2024
The Cambodian Ministry of Commerce (MoC) said that the Department of International Trade Promotion of the Ministry of Commerce of Thailand is going to organise ‘THAIFEX-Anuga Asia 2024’. ...
Rachel David
https://www.khmertimeskh.com/501471597/moc-partners-with-thailand-for-thaifex-anuga-asia-2024/
Cybersecurity law must be “business-friendly”
Cambodia must ensure that the draft cybersecurity law is kept “business-friendly” to prevent driving out international companies and discouraging new overseas investment in the nation, according to an expert. ...
Marissa Carruthers
https://kiripost.com/stories/cybersecurity-law-must-be-business-friendly
FiA to conduct nationwide monkey census, aims to curb biting incidents
Forestry Administration (FiA) officials plan to conduct a nationwide census of monkeys, particularly in tourist areas, to locate and manage aggressive primates that have been causing danger to the public, including both domestic and international travellers. ...
Phak Seangly
https://www.phnompenhpost.com/national/fia-to-conduct-nationwide-monkey-census-aims-to-curb-biting-incidents
Groups want US help in improving transparency in extractive industries
Anti-corruption advocates say they want the US government to help them push for transparency in the extractive industries, as ongoing mining continues to disrupt the lives of many Cambodians. At least 120 companies, most of them Chinese, have obtained mining licenses in the last decade, as ...
Cambodia’s beer market growing more crowded
The Kingdom’s latest brewery is set to launch on November 1, introducing a new player into the growing Cambodian beer market, insiders said yesterday. The Khmer Brewery plant, a US$60 million joint venture between locally based Chip Mong Group and major international brewery manufacturer Ziemann Group, ...
Coffee beans are on the boil
Coffee plantations in Cambodia’s northeast are struggling to keep up with rising international demand for the increasingly lucrative beans, farmers and traders said. Orders for Cambodian-grown coffee beans from countries such as Japan and Korea as well as domestic demand has increased rapidly, while prices have ...
http://www.phnompenhpost.com/index.php/2011072950714/Business/coffee-beans-are-on-the-boil.html
Danish Firm Opens Warehouse in Capital
DANISH logistic giant Damco has opened a 6,000-square-metre warehouse facility in Phnom Penh in response to the Kingdom’s growing importance as an emerging market, the company said in a statement. Damco Company (Cambodia), which is part of international conglomerate AP Moller-Maersk Group, said manufacturers have increasingly ...
NGOs Send Letters to Prime Ministers to Halt Dam Project
Two environmental organizations sent letters to Prime Minister Hun Sen and Vietnamese Prime Minister Nguyen Tan Dung on Friday appealing for them to halt the planned construction of the Lower Sesan 2 Dam in Stung Treng province. The Sesan 2, a Vietnamese-funded hydropower project, will cause ...
Japan provides USD 692,522 for physical education project and food and nutrition security project
On 27th December 2018, Japanese government has agreed to provide USD 692,522 in total for two Japanese organizations under the Grant Assistance for Japanese NGO Projects: USD 396,033 for Heart of Gold to implement “Project on Developing 4-year University of Physical Education Course at National ...
Embassy of Japan in the Kingdom of Cambodia
PM wants authorities to address all public concerns
Prime Minister Hun Sen yesterday called on authorities to address all concerns raised by the the public in line with the Kingdom’s efforts to implement sustainable development goals. In a message to mark today’s celebration of the 30th World Population Day under the theme, “25 years ...
Taing Vida
https://www.khmertimeskh.com/50622492/pm-wants-authorities-to-address-all-public-concerns/
Port cargo traffic at Sihanoukville sees 16% first quarter rise
In the first quarter of this year, cargo traffic through the Sihanoukville Autonomous Port rose 16 per cent year-on-year, according to Minister of Public Works and Transport Sun Chanthol. Chanthol, speaking at the 133rd International Labour Day anniversary in Preah Sihanouk province on Wednesday, said ...
Hin Pisei
https://www.phnompenhpost.com/business/port-cargo-traffic-sihanoukville-sees-16-first-quarter-rise