Cambodian exports to US soar 17% in Q1
The Kingdom’s total goods exports to the US, the world’s largest economy in nominal terms, sharply increased in the first quarter of the year to attain nearly $1.863 billion, even amid production stoppages and other Covid woes. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodian-exports-us-soar-17-q1
Chinese-invested airport in Cambodia’s tourist hub to commence operations in October
Chinese-invested Siem Reap Angkor International Airport in northwest Cambodia’s Siem Reap province will commence operations in October, said a statement from the state Secretariat of Civil Aviation on Thursday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501332814/chinese-invested-airport-in-cambodias-tourist-hub-to-commence-operations-in-october/
Cambodia to construct two more airports
Cambodia will add two more airports to the construction agenda in a bid to improve connectivity between the country and other tourism hubs in the world, said Mao Havannall, Minister in charge of the State Secretariat of Civil Aviation. ...
Chea Vanyuth
https://www.khmertimeskh.com/501394752/cambodia-to-construct-two-more-airports/
Cambodia's consumer prices decline
Consumer prices decreased month-on-month in May for the first time since statistics were available, Cambodia’s National Institute of Statistics (NIS) data showed. The 1.1 per cent drop, driven largely by lower food and gasoline prices, would be a relief to businesses and shoppers after a period ...
http://www.phnompenhpost.com/index.php/2012062556991/Business/consumer-prices-decline.html
Interview: CICA summit in Shanghai vital to building regional peace, security, stability--Cambodian experts
he upcoming 4th Summit of Conference on Interaction and Confidence Building Measures in Asia (CICA) in Shanghai, China is crucial to building trust, peace, security and stability in Asia, Cambodian experts said. “The conference is vital to building mutual confidence and closer partnerships among countries in ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-05/20/c_133348417.htm
Ministry to Survey Gap Between University, Jobs
The Ministry of Education is preparing to distribute questionnaires nationwide to assess the gap between the job market and subjects being studied by university students. As Cambodia’s economy develops, employers have complained that there are too many graduates in subjects such as management and business, ...
http://www.cambodiadaily.com/news/ministry-to-survey-gap-between-university-jobs-34764/
Maruhan inks a deal with microfinance firm
Mahuran Japan Bank and the Seilanithih Microfinance Institution have signed an agreement to work together, according to a statement yesterday. Maruhan general manager Onishi Shizuo said the agreement would benefit both parties. “By joining forces with us, Seilanithih will be able to expand the size of ...
CMAC eyes budget bump of $13 million
The Cambodian Mine Action Centre (CMAC) is looking to increase its annual budget to $33 million this year amid a need to upgrade its life-saving equipment, an official said yesterday. Approximately $10 million has already been raised, according to CMAC director Heng Ratana, who expressed confidence ...
Amelia Woodside
http://www.phnompenhpost.com/national/cmac-eyes-budget-bump-13-million
UAE- Lubna Al Qasimi heads Trade delegation to Cambodia and Thailand
Sheikha Lubna Bint Khalid Al Qasimi, Minister of Foreign Trade will lead a delegation on Monday to Cambodia and Thailand to discuss strengthening trade and investment ties with these countries. The delegation also included officials and representatives from national institutions and companies. ...
US reverses decision on suspension of $18mil aid money
The United States has reversed its decision to suspend $18 million in assistance to Cambodia through the United States Agency for International Development (USAID) following this year’s National Election when Washington had considered the election unfair and lacked transparency. ...
Soth Koemsoeun
https://www.khmertimeskh.com/501365606/us-reverses-decision-on-suspension-of-18mil-aid-money/
Ministry of Labor and Vocational Training chairs the first meeting of the inter-institutional inspection team
On May 8, 2024, Heng Sour, Minister of Labor and Vocational Training, chaired the first inter-ministerial meeting after the decision to announce the composition on February 23, 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501485450/ministry-of-labor-and-vocational-training-chairs-the-first-meeting-of-the-inter-institutional-inspection-team/
Ministry seeks more revenue through carbon credits
Despite facing challenges in protecting natural forests, the Ministry of Environment is confident of success in selling carbon credits for socio-economic development. ...
Ben Sokhean
https://www.khmertimeskh.com/501315353/ministry-seeks-more-revenue-through-carbon-credits/
For Cambodian writers, new festival offers rare audience
Visitors and locals unaware that the inaugural Kampot Writers and Readers Festival, which wrapped up Sunday, was happening may not have noticed anything different about the relaxed riparian town at first. ...
Taylor O'Connell
https://www.cambodiadaily.com/news/for-cambodian-writers-new-festival-offers-rare-audience-99758/
Two more banks setting up shop
The National Bank of Cambodia has issued a commercial banking licence to a Taiwanese bank, while another banking licence is pending approval for a Chinese-Cambodian joint venture, central bank Director General and Spokeswoman Ngoun Sokha said yesterday. The central bank had licensed Taiwan’s Mega International ...
http://www.phnompenhpost.com/index.php/2011083051333/Business/two-more-banks-setting-up-shop.html
UN helps ministries budget for climate change
As Cambodia continues its battle against raging thunderstorms and stifling droughts, officials from a variety of ministries attended a three-day workshop last week on how to incorporate the wide-ranging effects of climate change into the national and provincial budgeting process. ...
Jonathan Greig
http://www.khmertimeskh.com/news/25133/un-helps-ministries-budget-for-climate-change/
July's inflation driven by high food prices
Fueled by a rise in food prices, inflation reached 7.1 percent in July compared to the same month last year, according to data released by the National Institute of Statistics According to the data, the price of meat increased by 16.4 percent in July compared to ...
Chea Serey promoted to central bank governor
Chea Serey has been formally appointed as governor of the National Bank of Cambodia (NBC) on the heels of her promotion from central banking director-general to deputy governor in March. ...
May Kunmakara
https://www.phnompenhpost.com/business/chea-serey-promoted-central-bank-governor
Integration for ASEAN legal eagles discussed
More than 70 judges and judicial officials from ASEAN member states attended a US-supported ASEAN workshop in Phnom Penh yesterday to discuss legal and judicial cooperation, the protection of investors and the state of the rule of law in the region. ...
Migrants’ kids at risk: CDRI
Fuelled by poverty and debt, more than a quarter of Cambodian adults migrate, and, in the process, many are leaving behind their children, a new report finds. Part of a four-year research project on child labour, the Cambodian Independent Research Institute’s The Impacts of Adult Migration ...
Laignee Barron and Cheang Sokha
http://phnompenhpost.com/national/migrants%E2%80%99-kids-risk-cdri
Former Borei Keila Residents Protest Apartment Rejections
About 40 evictees form the Borei Keila community blocked a road in Phnom Penh’s Prampi Makara district for nearly two hours yesterday, protesting a letter written by municipal governor Kep Chuktekma stating that they had no right to state-provided housing. According to a copy of ...