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Planning ministry hands out cash to 420,000 poor families in Kingdom

The Ministry of Planning has identified 20,000 more poor families in the country, bringing the total to over 580,000, while over 420,000 of them have received the government’s cash assistance. In the meantime, many social security cards from families not deemed to be poor have ...

Ry Sochan
https://www.phnompenhpost.com/national/planning-ministry-hands-out-cash-420000-poor-families-kingdom

Clean energy development presents challenges

With its aim to expand solar energy investment by 12 percent by the end of this year and increase it up to 20 percent over the next three years, Cambodia has been facing challenges of transiting to clean energy development, according to a case study ...

Sorn Sarath
https://www.khmertimeskh.com/50737288/clean-energy-development-presents-challenges/

Local rice producers sell at discount

A number of Cambodia Rice Federation (CRF) member companies have reduced retail prices of milled rice by 10,000-20,000 riel ($2.50-5) per 50kg sack to participate in government efforts to improve people’s livelihoods during the ongoing two-week coronavirus lockdown in Phnom Penh and adjacent Takhmao town ...

Thou Vireak
https://www.phnompenhpost.com/business/local-rice-producers-sell-discount

Solar slated to add 495MW by 2023

Cambodia will add 495MW of solar power capacity from seven projects by 2023, which will represent “20 per cent” of the total energy supply by then, as the world looks to harness the sun as a key source of renewable electric power in the fight ...

May Kunmakara
https://www.phnompenhpost.com/business/solar-slated-add-495mw-2023

Villagers in Sna Sangkram village again urge authorities to expedite resolving land disputes

Representatives of more than 70 families in Sna Sangkram village, Balong commune, Prasat Bakong district, Siem Reap province, who have claimed that there was a land dispute with the Apsara National Authority again urged the authorities to expedite resolve the land disputes that have dragged ...

Pa Sokheng
https://www.vodkhmer.news/2022/12/20/sna-sangkram-villagers-urge-authorities-to-expedite-resolving-land-disputes/

Hodo Group’s SSEZ strives to become world class enterprise

Hodo Group, a private textile and garment maker based in Wuxi, Jiangsu province in East China, said it would strive to become a world-class enterprise, said Zhou Haijiang, board chairman of the group and a delegate to the 20th National Congress of the Communist Party ...

Khmer Times Staff
https://www.khmertimeskh.com/501172934/hodo-groups-ssez-strives-to-become-world-class-enterprise/

PPAP revenue rise to $8m, all round growth in Q1’24

Phnom Penh Autonomous Port (PPAP) posted a 7.1 percent year-on-year revenue hike at $8.1 million for the first quarter ended March 31, 2024 from $7.5 million, with container throughput climbing 20.4 percent to 93,153 TEUs (twenty-foot equivalent units). ...

Sangeetha Amarthalingam
https://kiripost.com/stories/ppap-revenue-rise-to-8m-all-round-growth-in-q124

Kingdom inflation rises on oil prices

Inflation in Cambodia rose 5.8 per cent year-on-year in January, according to figures from the National Institute of Statistics. Rising fuel costs had spurred the inflation, which was felt largely in the price of food, officials said. Data showed food and non-alcoholic beverage prices in January increased ...

http://www.phnompenhpost.com/index.php/2012022754728/Business/kingdom-inflation-rises-on-oil-prices.html

PPWSA stock offering slated to outperform

The Kingdom’s first initial public offering is fast approaching, and demand is expected to be robust. Book-building, the process during which bids for the IPO are taken and a price is set for shares, ended yesterday. The final offering price is expected before the subscription for ...

http://www.phnompenhpost.com/index.php/2012031455011/Business/ppwsa-stock-offering-slated-to-outperform.html

US Senate calls for delay of Mekong dams

As Mekong River Commission (MRC) countries prepare for a crucial meeting next week to debate Laos’ proposal to build the first Lower Mekong River dam, the US Senate Foreign Relations Committee has called for a delay of the controversial project. The US Senate’s concern was echoed ...

Illegally Logged Rosewood Seized In Kratie Operation

The Kratie Provincial Court yesterday charged a truck driver with illegally collecting and transporting luxury wood after forestry officers last week confiscated 148 pieces of luxury wood totalling 31.2 cubic meters from his truck, which had been transporting the timber along National Road 7 ...

Investors show confidence in The Peak

After a suit and tie gala event at Sofitel this month that aimed to drum up local support for the newly launched luxury residence The Peak – the most expensive condominium project to date at a tune of $580 million, Rithy Sear, WorldBridge Chairman, announced ...

Kali Kotoski
http://www.phnompenhpost.com/real-estate/investors-show-confidence-peak

Linking villagers to health services

On the day 55-year-old Leangkim Theng was selected as a village health volunteer, she was not sure she could do it. The work required her to educate women on maternal and newborn health in Serei Sokha village of Kratie province. While she did not feel she ...

Khmer Time Team
http://www.khmertimeskh.com/news/29910/linking-villagers-to-health-services/

P Vihear Villagers Protest at National Assembly

More than 350 villagers from Preah Vihear province protested in front of the National Assembly on Friday, asking for support from lawmakers in their dispute with military veterans. The villagers, representing some 370 families in Kulen district’s Srayong commune, said that the land on which they ...

Slowdown in garment exports from Cambodia

The slump in global markets has depressed demand for Cambodian products, leading to reduced growth forecasts by the Asian Development Bank (ADB) for 2012 and 2013. “Falling global demand, especially in Europe and the US, means that the industry sector will grow at a slower pace ...

http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=116497

Tuol Kork on the rise

Tuol Kork district has been showing its potential through infrastructure development, and is changing from a residential into a commercial area, according to property experts. Moreover, Tuol Kork will become a more central area because it is located in the middle of the old Phnom ...

http://www.phnompenhpost.com/index.php/Real-Estate/tuol-kork-on-the-rise.html

King Father Norodom Sihanouk passed away

King Father Norodom Sihanouk passed away today in Beijing at the age of 89, 59 years after he declared Cambodia’s independence from France. Sihanouk was a greatly charismatic leader revered as something of a God King during the height of his power in the 1950s and ...

http://www.phnompenhpost.com/index.php/2012101559281/National-news/king-father-norodom-sihanouk-passed-away.html

Union Official Forced to Sign ‘Confession’

A union representative who was beaten and detained by police during a protest Wednesday was released after being forced to sign a statement taking responsibility for starting a fight with authorities, union officials said yesterday. A bloodied Rong Panha, a representative of the Cambodian Alliance of ...

Campu and Acleda Post Strong Earnings for First Six Months

Despite being downgraded by Moody’s just over two months ago, profits at Cambodian Public Bank (Campu) and Acleda Bank—two of the largest banks in the country—increased by about 50 percent during the first half of the year, according to figures provided by the banks yesterday. In ...

A factory’s fainting crisis

In a single factory that supplies some of the biggest international brands, faintings occurred every day for five years, a new investigation by the Cambodian Legal Education Centre has found. Until just weeks ago, when the management installed new fans, three to four garments workers were ...

http://www.phnompenhpost.com/index.php/2012110759624/National-news/a-factorys-fainting-crisis.html

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