ADB and Cambodia Post Bank sign $10m loan for MSMEs
The Asian Development Bank (ADB) and Cambodia Post Bank (CP Bank) have signed a loan of up to $10 million to spur post-pandemic recovery for the nation’s micro-, small- and medium-sized enterprises (MSMEs) by increasing access to finance, with at least half earmarked for women. ...
Marissa Carruthers
https://kiripost.com/stories/adb-and-cambodia-post-bank-sign-10m-loan-for-msmes
Cambodia’s export to other RCEP members sharply up in 10 months
Cambodia exported $6.45 billion worth of products to the Regional Comprehensive Economic Partnership (RCEP) member countries in the first 10 months of 2023, up 26.5 percent from the same period last year, said a Ministry of Commerce’s report on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501402629/cambodias-export-to-other-rcep-members-sharply-up-in-10-months/
Parallel imports in Cambodia
Parallel imports—that is, genuine, noncounterfeit products imported into a country without permission of the intellectual property owner—are a systemic problem in Cambodia. Imported from neighboring countries without the authorization of legitimate manufacturers, parallel imports are sold on the “grey market” at prices which can be ...
Tilleke & Gibbins
http://www.lexology.com/library/detail.aspx?g=817150f3-c0b7-4053-a49b-dbb1ec51354c
Rent control law being ignored
The government is failing to enforce, or even make landlords and tenants aware of, the new rent-control law, even as rents begin to creep up in anticipation of garment workers receiving their annual wage raise next month, labour advocates say.The legislation, which went into effect ...
Cheng Sokhorng
http://www.phnompenhpost.com/national/rent-control-law-being-ignored
Stock trading sees first glitches
Share prices on the Cambodia Securities Exchange yesterday fell for the first time since trading began a week ago, as technical problems reportedly caused a 90 per cent drop in the amount of shares traded. Phnom Penh Water Supply Authority shares dropped 4.9 per cent to 9,700 riel (US$2.44). The ...
http://www.phnompenhpost.com/index.php/2012042555750/Business/csx-sees-first-trading-glitches.html
Officials heed call to buy rice
A day after a state bank called on Cambodians to buy domestically milled rice to help a government scheme to stabilise prices in the sector, multiple ruling party officials were reaching into their own pockets to do just that. The Rural Development Bank – tasked with ...
Touch Sokha
http://www.phnompenhpost.com/national/officials-heed-call-buy-rice
Sokha calls for cheaper passports
New Minister of Interior Sar Sokha has requested that officials in his ministry examine the possibility of lowering the prices of Cambodian passports, noting that current prices are relatively high. Speaking to officials at the Ministry of Interior on September 4, Sokha said the move would ...
Orm Bunthoeurn and Kim Yutharo
https://phnompenhpost.com/national/sokha-calls-cheaper-passports
Contract farming paying off for growers, millers, say industry insiders
Contract farming between community producers and rice millers or buyers brings growers great benefits, with an expanded market and more favourable prices, industry insiders have said. Contract farming refers to an agreement between a company and an agricultural community regarding prices, quantities and standards of quality. ...
Hin Pisei
https://www.phnompenhpost.com/business/contract-farming-paying-growers-millers-say-industry-insiders
Export plans on hold
Local instant noodle company Men Sarun failed in its plan to export canned noodles to US markets this year, and an official confirmed that failures stemmed from both the unstable market price and increasing costs of transportation. Choun Kol, deputy general director of Men Sarun Investment, ...
http://www.phnompenhpost.com/2013032264621/Business/export-plans-on-hold.html
Small rise in Kingdom’s February inflation
Cambodia saw a 1.7 per cent rise in inflation in February compared with the same month the previous year. Prices of food and fuel rose, according to official data from the National Institute of Statistics (NIS). “The increase for all index group of a 1.7 per ...
http://www.phnompenhpost.com/2013042365161/Business/small-rise-in-kingdom-s-february-inflation.html
Cattle farmers concerned by falling prices, illegal imports
A large number of cattle raisers have complained that cow prices have fallen and not many traders have been buying cows for more than a month. A local livestock raising association has suggested that falling prices may be due to an increase in meat imports ...
Van Socheata
https://www.phnompenhpost.com/business/cattle-farmers-concerned-falling-prices-illegal-imports
Moc Bai Border Gate Economic Zone
Moc Bai Border Gate Economic Zone is located on the Trans-Asia Road that starts from Myanmar, goes to Thailand, Cambodia, Laos and Vietnam and ends at Quangxi, China. It was built with three border gates on an area of 21,283ha, covering the communes of Long Thuan, ...
Vietnamnet News Staff
http://english.vietnamnet.vn/fms/business/92035/moc-bai-border-gate-economic-zone.html
Tourism still invigorating Siem Reap property market
Land prices in Siem Reap town are continuing to climb due the province’s robust tourism industry, realtors say. ...
Sum Manet
http://www.khmertimeskh.com/news/19951/tourism-still-invigorating-siem-reap-property-market/
Up to 10 schools ordered closed in connection with February 20 Community event
The Ministry of Education, Youth and Sports has ordered the temporary closure of several schools in and around Phnom Penh. ...
Kingdom builds 3,000km of roads in 10 years: minister
Cambodia has spent an estimated $3 billion constructing roads across the country spanning more than 3,000km over a period of 10 years, in addition to expressway and railway projects which are currently underway, according a five-year master plan issued by the government. ...
Voun Dara
https://www.phnompenhpost.com/national/kingdom-builds-3000km-roads-10-years-minister
Land swap detailed: firm gets 69 hectares for $10M construction
A Ream development company is among the latest beneficiaries of land privatizations – and in a rare instance, the state’s deal with the developer was revealed in official documents. ...
Mech Dara
https://vodenglish.news/land-swap-detailed-firm-gets-69-hectares-for-10m-construction/
PM grants 10-year Tier-1 IDPoor cards to Run Ta Ek
The government will issue Tier-1 ID poor equity cards to every family who has resettled in the newly-created Run Ta Ek village in Siem Reap. ...
Torn Vibol
https://www.khmertimeskh.com/501161046/pm-grants-10-year-tier-1-idpoor-cards-to-run-ta-ek/
Cambodia earns $3 billion from agricultural products exports in first 10 months
Cambodia exported 7.62 million tons of agricultural products in the first 10 months of 2022, earning $3.07 billion in revenue, according to a report released by the Ministry of Agriculture, Forestry and Fisheries (MAFF) on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501187892/cambodia-earns-3-billion-from-agricultural-products-exports-in-first-10-months/
South Korea to increase quota for Cambodian workers to over 10,000 in 2023
The Republic of Korea has pledged to increase the quota for Cambodian workers in the country to more than 10,000 this year, and the figure will further rise in the following years. The pledge was made by Dr Uh Soobong, Chairman of Human Resource Development ...
Khmer Times Staff
https://www.khmertimeskh.com/501243296/south-korea-to-increase-quota-for-cambodian-workers-to-over-10000-in-2023/
Cambodia approves $10 mn investment projects, creating almost 3,000 jobs
Two new investment projects worth over $10 million have been approved by the Council for the Development of Cambodia (CDC). The investment projects involve establishing a garment factory and a packaging factory, creating over 2,900 jobs. ...
Khmer Times Staff
https://www.khmertimeskh.com/501279587/cambodia-approves-10-mn-investment-projects-creating-almost-3000-jobs/