China’s CHINT to open $2.5M medium voltage factory
A global smart energy solutions firm, Chinese-owned CHINT Group Co Ltd, is leveraging the Kingdom’s energy production capacity to support the rapid demand growth for medium-voltage power equipment in the country, as well as Thailand, Laos and Myanmar. ...
May Kunmakara
https://www.phnompenhpost.com/business/chinas-chint-open-25m-medium-voltage-factory
Suspended garment workers to receive second allowance payout
The Ministry of Labour and Vocational Training has given allowances for the second time to 8,762 garment sector workers who were suspended as a result of the Covid-19 pandemic and global economic crisis. ...
Chhorn Raksmey
https://kiripost.com/stories/suspended-garment-workers-to-receive-second-allowance-payout
Sale of private license plates slump 11.9%
Revenue from the sale of special license plates decreased by about 11.9 percent to $16 million in 2023, with the Ministry of Public Works and Transport (MPWT) claiming it is a result of the global economic crisis. ...
Chhorn Raksmey
https://kiripost.com/stories/sale-of-private-license-plates-slump-119
Cambodian ministry projects nearly 6.6% growth in 2024
Cambodia’s economy is projected to grow by nearly 6.6 per cent this year despite geopolitical tensions and a global economic slowdown, according to officials from the ministry of economy and finance. ...
Khmer Times Staff
https://khmertimeskh.com/501444973/cambodian-ministry-projects-nearly-6-6-growth-in-2024/
NGOs voice concerns about draft law ahead of aid forum
The government’s proposed NGO draft law is a barrier to effective aid and development, civil society organizations said yesterday during a workshop in Phnom Penh focused on compiling a report on Cambodia’s climate for NGOs ahead of a global forum on aid effectiveness to be ...
Another timeout for Anful
About 170 garment workers fainted at a factory in Kampong Speu yesterday, the first day Anful Garments Manufacturing reopened after being hit by a mass fainting incident on Monday, workers and government officials said yesterday. The second mass fainting at the Hong Kong-owned factory, which supplies ...
http://www.phnompenhpost.com/index.php/2011102852413/National-news/another-timeout-for-anful.html
GDP growth drives petrol imports 67% year-on-year
The Kingdom’s strong economic growth so far this year has driven petroleum imports 67 per cent higher year-on-year through October, according to Ministry of Commerce data. Total imports reached 1.2 million tonnes, or US$1.14 billion worth, in the first 10 months of the year, compared to ...
Land Grabs Mar Cambodia’s Investment Boom
The evictions and so-called “land grabs” have angered aid donors, putting at stake hundreds of millions of dollars in foreign aid as well as a trade scheme that gives Cambodian produce tariff-free access to the EU. International donors and lenders such as the World Bank ...
Rare tiger prey at risk from land concessions
Surveys conducted by the World Wildlife Foundation have revealed that the world’s largest population of banteng, an endangered species of cattle that once thrived in the Kingdom, remains at risk due to economic land concessions and poaching inside protected areas The number of banteng in Cambodia ...
Ending poverty a big issue
The public has spoken and among their top priorities for spearheading sustainable development in Cambodia are eradicating poverty, administering quality education and achieving peace and justice, according to a new survey published by NGO World Vision. The survey takes focus on 2030’s UN Sustainable Development Goals ...
Safiya Charles
http://www.khmertimeskh.com/news/31539/ending-poverty-a-big-issue/
Beware risk with ASEAN investment
Members of the Association of Southeast Asian Nations (ASEAN) have become magnets for Chinese investment amid the global economic slump. Among the most recent deals, Hunan Province-based Xinyuan Mining Co Ltd bought a license to exploit a 28 million square meter gold mine in Cambodia, and ...
Malnutrition central to health gap: NGO
The gap between Cambodia’s health rich and health poor is “devastating”, according to a report by World Vision issued yesterday. Cambodia is ranked 124 out of 176 countries on the global index based on four indicators used to measure the gap in each listed country: life ...
Amelia Woodside
http://www.phnompenhpost.com/national/malnutrition-central-health-gap-ngo
First hedging deal transacted
ANZ Royal Bank has transacted a landmark commodities hedging deal with a local oil importer, officials at the bank said yesterday. The deal allows the company, whose name ANZ Royal would not disclose, citing confidentiality agreements, to lock in an agreed price for the future sale ...
Daniel de Carteret
http://www.phnompenhpost.com/business/first-hedging-deal-transacted
IBBM Launches Chartered Banker Qualifications In Cambodia
The Institute of Bankers Malaysia (IBBM) has launched the Chartered Banker qualification for the Cambodian banking industry to develop talents in the banking industry in that country. The launch of the Chartered Banker qualifications was officiated today by the National Bank of Cambodia Deputy General ...
Bernama News Staff
http://www.bernama.com.my/bernama/v7/bu/newsbusiness.php?id=978465
Phnom Penh makes top 5 of Knight Frank real estate index
Phnom Penh has earned one of the top spots in a new report tracking prices of residential and commercial real estate across the region. The Knight Frank Asia Pacific Prime Asia Development Land Index, which the global real estate consultancy has hailed as a market first, ...
Post Staff
http://www.phnompenhpost.com/real-estate/phnom-penh-makes-top-5-knight-frank-real-estate-index
Asia Injury Prevention launches internet campaign in support for Cambodia's child helmet law
The Asia Injury Prevention (AIP) Foundation, supported by The UPS Foundation, has launched a global internet campaign to collect ten thousand pledges in support of the motorcycle passenger, including child helmet law in Cambodia, according to its statement obtained Thursday by The Cambodia Herald. The campaign ...
The Cambodia herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YTc0ZTU2MTFmN2M
Business bribery is rife: report
Cambodia has again ranked as one of the most corrupt countries in the world with the release of global anti-bribery association TRACE’s bribery risk index. According to the index, titled the TRACE Matrix and released on November 11, Cambodia is the fifth most at risk country ...
Eddie Morton
http://phnompenhpost.com/business/business-bribery-rife-report
Local silk production nearly extinct
Cambodia’s natural silk industry is on the verge of extinction due to the widespread use of pesticides that have severely damaged the health of silkworms, leading producers to rely on imported synthetic fibers to meet demand, experts say. Men Sinoeun, executive director of the Artisan’s Association ...
Kang Sothear
https://www.cambodiadaily.com/business/local-silk-production-nearly-extinct-74350/
Kingdom ready for Covid-19
The Ministry of Health, the World Health Organisation in Cambodia (WHO) and Institute Pasteur du Cambodge (IPC) on Monday held a joint press conference to reiterate that they are fully prepared for all eventualities in facing the global outbreak of COVID-19. ...
Niem Chheng
https://www.phnompenhpost.com/national/kingdom-ready-covid-19
Exports soar 24% in first two months
Cambodian exports soared 24 per cent year-on-year to $2.563 billion in the first two months of this year, despite the reverberating local and global effects of the Covid-19 pandemic. ...
Thou Vireak
https://www.phnompenhpost.com/business/exports-soar-24-first-two-months