PPSP back in black in Q1’23 with $5.7m net profit
A surge in land sales has helped tycoon Kith Meng’s Phnom Penh SEZ Plc (PPSP) to return to the black, posting $5.7 million net profit in the first quarter ended March 31 (Q1’23) after suffering a $680,743 net loss a year ago. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-ppsp-back-in-black-in-q123-with-57m-net-profit
Skills training for 1.5 million people will focus on 10 areas with 38 skills, says PM
The Prime Minister of Cambodia, Dr. Hun Manet, stated that the vocational training policy for 1.5 million young people will focus on 10 areas and 38 professions. .. ...
Khmer Times Staff
https://www.khmertimeskh.com/501386064/skills-training-for-1-5-million-people-will-focus-on-10-areas-with-38-skills-says-pm/
Cambodia charts 1.8b digital payments, valued at $492b in 2023
Some 1.8 billion Khmer riel and US dollar digital transactions valued at $492 billion were recorded in 2023, which rose over 600 million from 1.1 billion transactions in 2022, the National Bank of Cambodia (NBC) said on March 29. This significant increase, an economist opined, ...
Meas Molika
https://kiripost.com/stories/cambodia-charts-18b-digital-payments-valued-at-492b-in-2023
Press release on the outcomes of the ASEAN Post Ministerial Conference (PMC) 10+1 sessions with the dialogue partners
On 26 July 2024, the Ministry of Foreign Affairs and International Cooperation issued a press release on the outcomes of the ASEAN Post Ministerial Conference (PMC) 10+1 sessions with the dialogue partners on their official social media site.According to the press, His Excellency Deputy Prime ...
Ministry of Foreign Affairs and international Cooperation
Cambodia Daily calls government action ‘assault’ on the press
The Cambodia Daily yesterday said it was under “siege” and continued to call the government’s targeting of the newspaper an attack on press freedom, as five radio station owners that had been ordered to shut stop attempted to resume their services. // // ...
Ananth Baliga and Niem Chheng
http://www.phnompenhpost.com/national/cambodia-daily-calls-government-action-assault-press
Government confirms foreigners will need work permits for long-term visas
// // // // An Immigration Department official yesterday confirmed that foreigners requesting a long-term extension of their business visas would need to produce a work permit, with implementation of the rule starting September 4. ...
Leonie Kijewski
http://www.phnompenhpost.com/national/government-confirms-foreigners-will-need-work-permits-long-term-visas
Gov’t releases data on timber baron’s deal
Tycoon Try Pheap has collected an estimated 1,500 cubic metres of timber from Forestry Administration offices since the government in July issued his companies permission to confiscate “waste wood” from their offices and from the Ministry of Environment, according to preliminary government figures obtained by ...
Daniel Pye
http://phnompenhpost.com/national/gov%E2%80%99t-releases-data-timber-baron%E2%80%99s-deal
NSSF membership rises to more than 2 million individuals
The total number of members enrolled in the National Social Security Fund (NSSF) of the Ministry of Labour and Vocational Training (MLVT) has risen to more than two million individuals. ...
Sen David
https://www.khmertimeskh.com/501521102/nssf-membership-rises-to-more-than-2-million-individuals/
Beggars set for Prey Speu: city
After months of claiming that Phnom Penh’s notorious Prey Speu Social Affairs Centre had all but shut down, officials yesterday told the Post that the facility would be used in its latest efforts to rid the streets of “undesirables”. City Hall spokesman Long Dimanche said that ...
Sen David and Alice Cuddy
http://www.phnompenhpost.com/national/beggars-set-prey-speu-city
Jailings are a threat to deal: Rainsy
Cambodia National Rescue Party president Sam Rainsy yesterday said that, contrary to his speech before the National Assembly last week, the Kingdom’s political crisis would not be resolved as long as opposition activists were still being harassed by the courts. If there are still CNRP members ...
Meas Sokchea
http://www.phnompenhpost.com/national/jailings-are-threat-deal-rainsy
Kandal property bought up before bridge announcement
Property investors with inside information may have bought up land across the Mekong River in Kandal province before the announcement of new bridges, a real estate agent claims. Land in areas like Akrei Khsatr commune in Kandal’s Lvea Em district is set to become more valuable ...
Siv Meng and Vandy Muong
http://www.phnompenhpost.com/post-weekend/kandal-property-bought-bridge-announcement
Quality control to lift exports
China will work with Cambodian officials to broaden the range of agricultural products that the Asian economic giant allows to be imported from the Kingdom, government officials said yesterday. Ken Ratha, spokesman for the Ministry of Commerce, confirmed that China’s General Administration, Quality Supervision, Inspection and ...
Chan Muyhong
http://www.phnompenhpost.com/business/quality-control-lift-exports
Results of agriculture census out
The Ministry of Planning is to release today preliminary results of Cambodia’s first agricultural industry census, which promises to provide the biggest ever snapshot of the key sector. According to a press release issued yesterday by the ministry, the census’ preliminary results will include the number ...
Hor Kimsay
http://www.phnompenhpost.com/business/results-agriculture-census-out
NGOs seek ex-PMs’ support
Civil society advocates – who last week called on parliament to consider amending the constitution to limit prime ministers to two terms in office – are now trying to enlist former premiers to back their proposal. The group, which includes well-known political analysts and representatives of ...
Meas Sokchea
http://www.phnompenhpost.com/national/ngos-seek-ex-pms%E2%80%99-support
Vietnamese wary of planned census
Sok Hieng* is concerned about a government census of foreigners that some observers believe will focus primarily on those of Vietnamese descent. “I am afraid that I will be forced to leave Cambodia because I do not have ID yet,” said Hieng, a 33-year-old construction worker ...
Sean Teehan and Phak Seangly
http://www.phnompenhpost.com/national/vietnamese-wary-planned-census
Smart posts midyear gains
Mobile service provider Smart has outperformed its fellow Axiata Group subsidiaries in the first half of the year, according to the Malaysian conglomerate’s latest financial report. Driven by a 115 per cent increase in data traffic revenue, Axiata’s results show Smart’s gross revenue totalled 270 million ...
Eddie Morton
http://www.phnompenhpost.com/business/smart-posts-midyear-gains
Election group wants a more powerful NEC
An election reform lobby group has called for the ruling Cambodian People’s Party and opposition Cambodia National Rescue Party to grant wide-ranging powers to a new election body. The Election Reform Alliance and political parties that did not win seats in last year’s national election said ...
Pech Sotheary
http://phnompenhpost.com/national/election-group-wants-more-powerful-nec
Competitiveness ranking slips
A lack of innovation has contributed to Cambodia dropping seven spots on the World Economic Forum’s 2014-15 Global Competitiveness Report (GCR), which was released on Wednesday. The Kingdom ranked 95th out of 144 countries, down from 88th in the previous report, according to the GCR. Apart ...
Hor Kimsay
http://phnompenhpost.com/business/competitiveness-ranking-slips
University dorm for orphans
Ol Sok Hour, a keen and promising student, had his life turned upside down two years ago when his parents died of AIDS. Yesterday, the NGO celebrated the launch of its Graduation House, a facility that will offer accommodation and support for orphaned tertiary students. ...
Sen David and Alice Cuddy
http://phnompenhpost.com/national/university-dorm-orphans
Phnong rally in Mondulkiri
About 200 ethnic Phnong villagers gathered in Mondulkiri province’s Bousraa commune yesterday to protest against several companies that hold economic land concessions in the area, which they say are destroying their traditional livelihoods. The villagers from Pech Chreada district accused the Kau Su Dak Lak Company ...
Chhay Channyda
http://phnompenhpost.com/national/phnong-rally-mondulkiri