The week at the CSX- Nov 8th-15th
The price of the exchange’s sole listed company, PPWSA, remained very stable from Nov. 8-15 at KHR 6,200 (US$1.55), the price it arrived at on Oct. 30. Trading volumes over the period fluctuated between 4,501 and 38,951 shares. ...
Cambodia, China renew pledge for $10B in trade value by 2023
Cambodia and China are committed to increasing bilateral trade to $10 billion by 2023, from $8 billion last year, according to a senior official at the Cambodian Ministry of Commerce. ...
Thou Vireak
https://www.phnompenhpost.com/business/cambodia-china-renew-pledge-10b-trade-value-2023
10 arrested over land grabbing in Preah Sihanouk province
Officials in Preah Sihanouk province arrested 10 people over land grabbing in Kampong Seila district. Reports said almost 300 people were involved in the land encroachment in the province. ...
Son Minea
https://www.khmertimeskh.com/501041329/10-arrested-over-land-grabbing-in-preah-sihanouk-province/
10 Cambodians mourned on UN Peacekeepers Day
The National Centre for Peacekeeping Forces (NPMEC) on May 26 commemorated the International Day of UN Peacekeepers, in recognition of their service and sacrifice and to honour the memory of those who had lost their lives in the course of peacekeeping. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/10-cambodians-mourned-un-peacekeepers-day
Gold refines reach 5.3 tons in 2022, paying nearly $10M in tax
Cambodia’s four gold companies refined around 5,300 kg of gold ore, a semi-finished product that is smelted at a mine, as of 2022, paying royalties of $8 million and $1.5 million as tax income, a report from the Ministry of Economy and Finance showed yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501226405/gold-refines-reach-5-3-tons-in-2022-paying-nearly-10m-in-tax/
Insurance industry in Cambodia registers growth of 10.6 percent in 2022
Cambodia’s insurance industry recorded a total premium of $331.8 million in 2022, up 10.6 percent from $299.8 million in a year earlier, a report by the Insurance Regulator of Cambodia (IRC) showed on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501245448/insurance-industry-in-cambodia-registers-growth-of-10-6-percent-in-2022/
NagaWorld Profits Jump in First Half of 2012
Net profits at NagaCorp Ltd., owners of Phnom Penh’s only licensed casino, jumped 38 percent to reach $52.4 million in the first half of 2012 compared to the same period last year, the company said in its most recent financial report. The casino generated a total ...
Two Years In, Kampot Casino Downsizes
The Ha Tien Vegas Entertainment Resort and casino in Kampot Province along the Vietnamese border announced yesterday that it has sacked 500 employees and shut down its 130-room resort less than two years after it became the first casino to open in the province. The company said ...
World Bank hears local officials’ woes for pending 3-year plan
High electricity prices, low wages, limited irrigation and modest rice and crop prices were among the top concerns raised by government officials at a workshop in Phnom Penh on Monday to help the World Bank decide how to spend its money on the country over ...
Aun Pheap and Zsombor Peter
https://www.cambodiadaily.com/news/world-bank-hears-local-officials-woes-for-pending-3-year-plan-87426/
Telecom Cambodia Suffers Amid Competition
State-owned Telecom Cambodia lost more than $40 million during the five-year tenure of director general Lao Saroeun, who is now set to move into a new government job despite an investigation into alleged corruption at the company, officials said yesterday. Speaking at the annual meeting ...
Cambodia’s inflation up over 5% in February
Prices in Cambodia rose 5.4 per cent year-on-year in February, as fuel costs continued to push inflation higher, according to data from the National Institute of Statistics released yesterday. Foodstuffs, however, saw declines following demand that was driven by Chinese New Year, though paddy Prices were ...
Rice sector optimistic as harvest wraps on Rumduol
Rice farmers and millers are confident that the price for premium fragrant paddy will continue to increase over the next two weeks as the annual harvest season for Phka Rumduol wraps up. However, farmers complain that they are still facing long-standing problems that could see ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-sector-optimistic-harvest-wraps-rumduol
Cambodia's inflation rate fell to 3 per cent in 2012
Cambodia’s inflation rate fell to an annual three per cent last year, down from 4.9 per cent a year earlier, according to data from the National Bank of Cambodia released in late January. Chea Chanto, the bank’s governor, told an annual meeting in late January that ...
The Sihanoukville option
As property prices in Phnom Penh and Siem Reap continue to push upwards, many investors are quickly being priced out of these first-tier markets. Looking at second-tier cities around the Kingdom, Sihanoukville in particular stands out as an investment destination worth serious consideration. Named after the ...
Chris Horton
http://www.phnompenhpost.com/real-estate/sihanoukville-option
PPWSA up again, with retail buyers moving in
The price increase for Phnom Penh Water Supply Authority shares maxed out after an hour of trading yesterday morning, the second day of operations on the Cambodia Securities Exchange. PPWSA closed up 4.84 per cent yesterday at 9,750 riel (US$2.44), climbing from 9,300 the day before, ...
Research differentiates investing in stock exchanges from gambling at the casino
One of the men deeply involved in the development of Cambodia’s financial system, Dr Ghanty Sam, of the Financial Institute of Cambodia, who is also a board member of the Securities and Exchange Commission of Cambodia, says people should be aware of the downside of ...
Monitors Question Casino Building New Election Body Office
Election monitoring groups are questioning the National Election Committee (NEC) recent decision to let a Phnom Penh casino fund its new multi-million dollar headquarters, a move they said would cast further doubt on the body’s independence. NagaCorp, the owner of Phnom Penh’s only licensed casino, NagaWorld, ...
Nearly 850 protests this year: police
Almost 850 demonstrations or strikes have occurred nationwide since the year began – a seemingly anarchic average of more than six a day, the General Commissariat of National Police announced this week, blaming politicians, NGOs and trade unions for helping to incite demonstrators and “complicating ...
May Titthara
http://www.phnompenhpost.com/national/nearly-850-protests-year-police
New teaching methods in Cambodia transform learning for young students
Seven-year-olds Sovandara Lima and Prey Haraty are excited to begin their maths lesson. Today they are working on their addition, but instead of just copying down exercises from the whiteboard like they would have been doing last year, they’re choosing the sums themselves. The game ...
Khmer Times Staff
https://www.khmertimeskh.com/501321111/new-teaching-methods-in-cambodia-transform-learning-for-young-students/
Despite Land Loss, Minorities Back Status Quo
Romam Gvin could be described as a counterintuitive voter. Intuition might lead you to believe that Mr. Gvin blames the government for the loss of his land to the Vietnamese rubber company that now owns everything for as far as the eye can see here in ...
http://www.cambodiadaily.com/elections/despite-land-loss-minorities-back-status-quo-34786/