Axiata's Cambodian unit expands through M&A
Axiata Group Bhd is set to strengthen its foothold in Cambodia through a merger between Hello Axiata Company Ltd and Latelz Company Ltd, which it acquires for a consideration of US$155mil (RM473mil). In a statement, Axiata announced that its Cambodian arm had entered into a sales ...
http://biz.thestar.com.my/news/story.asp?file=/2012/12/13/business/20121213134936&sec=business
Beeline In Negotiations with Potential Buyer
VimpelCom, the parent company of local mobile operator Beeline, is looking to sell the majority share of its Cambodian assets and has entered into negations with a possible buyer, according to a document obtained yesterday. “VimpelCom intends to dispose its entire indirect 90.0 percent stake in ...
http://www.cambodiadaily.com/business/beeline-in-negotiations-with-potential-buyer-16275/
Business cluster to boost economy
The $30 million Worldbridge SME (small and medium enterprise) Cluster will break ground next month, according to a senior executive of Worldbridge Industrial Developments, the company behind the Industry 4.0 infrastructure. ...
Sok Chan
https://www.khmertimeskh.com/50762433/business-cluster-to-boost-economy/
Trade with Japan extends growth in 2021Cam
Bilateral trade volume between Cambodia and Japan topped $1.700 billion in 2021, marking a small increase of 0.49 per cent from more than $1.692 billion a year earlier, according to preliminary data from the Ministry of Commerce. ...
Hom Phanet
https://www.phnompenhpost.com/business/trade-japan-extends-growth-2021
China launches $44.4b real estate fund
Cambodian analysts weighed in on China’s $44.4 billion real estate fund, banking on hopes that the program can raise funds to bankroll the purchase of unfinished buildings and complete their construction. ...
Penh Chamroeun
https://kiripost.com/stories/china-launches-444b-real-estate-fund
Bilateral trade with Thailand nearly $342M
Bilateral trade between Cambodia and Thailand reached $341.8 million in the first month of 2024, marking a slight increase of 0.2% over the same period last year, as reported by the General Department of Customs and Excise (GDCE). ...
Hin Pisei
https://www.phnompenhpost.com/business/bilateral-trade-with-thailand-nearly-342m
Forest cover 2015 - Present
According to the report on Cambodia Forest Cover 2018 issued on December 2020 by the Ministry of Environment (MoE),1 Cambodia has conducted eight national forest assessments in 1958/65, 1992/93, 1996/97, 2002, 2006, 2010, 2014, 2016, and 2018. The forest cover assessment from 1958-1965 has not ...
Cassava
Cassava is a significant contributor to the agricultural sector in Cambodia. The planting, harvesting, processing and export of cassava provides jobs and livelihoods for thousands of Cambodians. Cassava is a significant cash crop for Cambodian farmers.9 Cassava production in Cambodia has increased substantially since 2006. ...
Cambodian exports to Malaysia almost double in 2012
Cambodia’s exports to Malaysia almost doubled from $55.5 million a year earlier to $101 million in 2012, the Malaysian Embassy said. Exports were led by crude rubber at $69.1 million followed by milled rice at $24.3 million, up sharply from $9.5 million in 2011 and ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MWU5MWViZGE1NTc
CPI: cost of living falls slightly
The Kingdom’s consumer price index declined by 0.1 per cent in October for the first time in 2012 due to a decline in food and gasoline prices and a stable US dollar exchange rate, according to official data released by the National Institute of Statistics ...
http://www.phnompenhpost.com/index.php/2012112359895/Business/cpi-cost-of-living-falls-slightly.html
Satellite data suggests forest loss is accelerating
Satellite images suggest tropical forests from the Amazon to the Philippines are disappearing at a far more rapid pace than previously thought, a University of Maryland team of forest researchers say. Tropical Asia showed the second largest increase in deforestation with 0.8 million hectares (about ...
Kyle Plantz
http://uk.reuters.com/article/2015/03/02/us-forest-satellites-idUKKBN0LY1M720150302
Self-sufficiency in 3 years: minister
Cambodia’s energy minister promised lawmakers from the National Assembly’s public works and energy commission yesterday that the country will be weaned off of foreign electricity imports within three years, the commission’s vice chairman said in a press conference after the meeting. According to Mao Monyvann, a ...
Pech Sotheary
http://www.phnompenhpost.com/self-sufficiency-3-years-minister
Thousands of workers go on strike in Prey Veng
Some 3,000 workers protested in front of a garment factory in Prey Veng province Monday, calling for larger bonuses and better working conditions, according to unionists and factory representatives. Employees of the Chinese-owned Komchay Mear Trading factory, which produces clothing for U.S. brand Gap, have been ...
Ben Sokhean
http://www.cambodiadaily.com/news/thousands-of-workers-go-on-strike-in-prey-veng-68069/
Gov’t to spend $50M to cut electricity tax for industries
The government will spend some $50 million in subsidies to reduce electricity tariffs by $0.01 per kilowatt-hour for the industrial and agricultural sectors from this month, Ministry of Mines and Energy senior official Victor Jona said on Sunday. ...
Thou Vireak
https://www.phnompenhpost.com/business/govt-spend-50m-cut-electricity-tax-industries
University students encouraged to focus on digital technology
Ministry of Commerce (MoC) has encouraged university students in Cambodia to focus on digital technology and innovation developments amid the remarkably growing Industry Revolution 4.0 and e-commerce business after the e-commerce law was passed. ...
Kang Sothear
https://www.khmertimeskh.com/501139165/university-students-encouraged-to-focus-on-digital-technology/
Bilateral political consultations start between France and Cambodia
The first session of the Bilateral Political Consultations between Cambodia and France took place on Monday, discussing a wide range of issues, including economic and political ties, the Ministry of Foreign Affairs and International Cooperation said on Wednesday. ...
Prak Chan Thul
https://kiripost.com/stories/bilateral-political-consultations-start-between-france-and-cambodia
Workers given three paid days off to vote
The Ministry of Labor and Vocational Training has announced that private businesses and employers will allow their staff a paid three-day leave to return to their home provinces and vote in the upcoming National Election. ...
Ponlue Pok
https://kiripost.com/stories/cambodia-workers-given-three-paid-days-off-to-vote
Environmental and biodiversity protection
Cambodia is one of the most biodiverse countries in Southeast Asia. Biodiversity supports Cambodians ecologically, economically and culturally. It plays an important role in providing ecosystem services and economic development to achieve the Cambodian Millennium Development Goals including poverty reduction. ...
Training of the Trainers (TOT) on Digital Skills and Computer Science
Open Development Cambodia (ODC) together with the ICT4D Cambodia Network are the local partners in Cambodia to implement the ASEAN Digital Innovation Program, which is supported by the ASEAN Foundation and the Microsoft. We are delighted to be organizing the Training of the Trainers (TOT) ...
Open Development Cambodia
Anti-corruption
Anti-Corruption Unit, Phnom Penh, Cambodia. Photo by Michael Coghlan, taken on 9 January 2014. Licensed under CC BY-SA 2.0In the 2016 Corruption Perceptions Index published by Transparency International, released in January 2017, Cambodia ranked 156th out of 176 countries.59 Cambodia has the lowest score of all ...