New smart airport aims to drive more tourists into Siem Reap
Cambodia Angkor Air and Trip.com Group have signed a Memorandum of Understanding (MOU) to build a smart airport in Siem Reap, the global travel service provider said in a news release. ...
Yatt Malai
https://kiripost.com/stories/cambodia-siem-reap-new-smart-airport
Kingdom endorses dolphin declaration
A senior official from the Ministry of Agriculture, Forestry and Fisheries, along with representatives from the World Wide Fund for Nature (WWF) Cambodia, attended the Global Declaration of River Dolphins event in Bogota, Colombia, on October 23-24. ...
Post Staff
https://www.phnompenhpost.com/national/kingdom-endorses-dolphin-declaration
Number of poor people in Cambodia drops by half in 7.5 years
Cambodia’s global MPI (Multidimensional Poverty Index) value plummeted from 0.168 in 2014 to 0.070 in 2021/2022, and incidence of poverty fell from 36.7 percent to 16.6 percent. ...
Khmer Times Staff
https://www.khmertimeskh.com/501379463/number-of-poor-people-in-cambodia-drops-by-half-in-7-5-years/
Former British Prime Minister appreciates Cambodia’s progress in all fields
Cambodian Prime Minister Dr. Hun Manet received Tony Blair, former Prime Minister of the United Kingdom and Chief Executive Officer of the Tony Blair Institute for Global Change, at the 2024 World Economic Forum in Davos, Switzerland. ...
Khmer Times Staff
https://www.khmertimeskh.com/501425156/former-british-prime-minister-appreciates-cambodias-progress-in-all-fields/
Demand for office space making a comeback
After a slow year in 2010, demand for office space in Phnom Penh is beginning to rebound as occupancy levels in new and existing units increase, real estate experts said yesterday. However, it is still unclear whether or not there is enough demand to fill ...
Cambodia among most deforested countries
Cambodia has one of the world’s highest rates of deforestation, ranking ninth among 180 countries in terms of forest loss during the past decade, according to a new study, which said that economic land concessions and illegal logging were the primary cause for the demise ...
Hun Sen: we won’t be bought
After a week of global media reports dissecting Cambodia’s relationship with China, Prime Minister Hun Sen had apparently had enough yesterday – lashing out at the media and analysts he termed “crazy” in what proved an unexpected conclusion to the 20th ASEAN Summit. The premier spent ...
http://www.phnompenhpost.com/index.php/2012040555451/National-news/hun-sen-we-wont-be-bought.html
Kingdom unfazed by Fed rate hike
A day after the US Federal Reserve increased interest rates, which can potentially impact incoming investments and make debt more costly, experts say the Kingdom’s strong underlying growth will help maintain investments flows and leave the country largely unaffected.The Fed’s 25 basis point rate hike ...
Ananth Baliga
http://www.phnompenhpost.com/business/kingdom-unfazed-fed-rate-hike
World Heritage status, tourists threaten Angkor preservation
The global recognition given to the Angkor temple complex in Siem Reap—and other sites around the world that receive U.N. world heritage status—does as much to damage as it does to preserve the historical gem, according to a new research paper that was published in the ...
Matt Surrusco
https://www.cambodiadaily.com/news/world-heritage-status-tourists-threaten-angkor-preservation-127067/
Rice export container fees set
Reduced fees for the loading of containers of milled rice for export, fixed for the next two years, came into effect on Tuesday as part of government efforts to boost the rice sector’s global competitiveness. According to a letter signed by Economy Minister Aun Pornmoniroth, dated ...
May Kunmakara
http://www.khmertimeskh.com/news/31604/rice-export-container-fees-set/
Rice Production Increases as Country Moves Toward 2015 Export Goal
Economists and agriculture officials say Cambodia could export 1 million tons of milled rice by 2015, but that depends on improvements in the sector, along with some global factors out of the control of the country’s farmers and millers. Prime Minister Hun Sen has set the ...
Activists Stage Flash “Faint-Ins” at H&M, Gap to Protest Sweatshop Conditions
Dozens of human-rights activists are staging flash “faint-ins” at high-street retailers across Europe to illustrate the high incidence of mass fainting in Cambodia’s apparel factories. Protestors from the Clean Clothes Campaign, an alliance of organizations in 15 European countries dedicated to improving working conditions in ...
http://www.ecouterre.com/activists-stage-flash-faint-ins-at-hm-gap-to-protest-sweatshop-conditions/
Online Mapping Project for Cambodia Gets Under Way
Students, NGO workers and map enthusiasts came together Saturday in Phnom Penh to contribute information to an online map of Cambodia as part of a worldwide mapping effort, the event’s organizers said yesterday. The global project, known as the OpenStreetMap Project (OSM), uses a similar concept ...
International expo in Cambodia to boost garment sector
The four-day second Cambodia International Machinery Industrial Fair (CIMIF 2012) has begun in Cambodia’s capital Phnom Penh. Leading global brands of industrial equipment for textiles, garment and accessories are among the more than 200 exhibitors from 20 countries displaying their products. The exhibition provides a ...
http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=114673
Two million tourists from China by 2020: official
Cambodia would host about two million Chinese tourists in 2020, a Cambodian official predicted yesterday. The forecast accompanied figures released by Chinese officials saying the number of Chinese tourists globally would reach 200 million by 2020. ASEAN countries had attracted nine million Chinese tourists last ...
Investment law to be revised
The government is planning to revise the Kingdom’s investment laws this year to draw more foreign direct investment as the country adjusts to the fast-changing regional and global landscapes, according to Secretary General of the Council for the Development of Cambodia (CDC) Sok Chenda Sophea. Speaking ...
http://www.phnompenhpost.com/2013030861826/Business/investment-law-to-be-revised.html
National Police Site Hacked, Defaced by Mystery Group
The website of the Cambodian National Police was hacked and defaced yesterday by a mysterious group apparently attempting to challenge the website’s security measures. For part of the morning, visitors to the police.gov.kh site were greeted by singing in Arabic and an image of four Guy ...
Ratch puts mine purchase on hold as coal price dips sharply
The SET-listed Ratchaburi Electricity Generating Holding Plc (RATCH), Thailand’s largest private power producer, is to delay the purchase of a coal mine in Indonesia, as the global coal price has dropped sharply. Ratch had planned to acquire a mine to serve its new coal-fired power plants ...
Maruhan Japan Bank buys stake in MFI – Sathapana
Maruhan Japan Bank yesterday became the first commercial bank in Cambodia to make a direct equity investment into a microfinance institution by becoming Sathapana’s majority shareholder, with a 95.1 per cent stake. Financial details were not disclosed. The shareholders who sold out to Maruhan were FMO, ...
http://www.cbre.com.kh/2012/11/maruhan-japan-bank-buys-stake-mfi-sathapana/
Ceiling Collapse at Shoe Factory in Cambodia Kills 2
A ceiling at a small factory making shoes on the outskirts of the capital of Cambodia collapsed on Thursday morning, killing at least two workers and underlining global worries about factory safety in poor countries. Ken Loo, the secretary general of the Garment Manufacturers Association in ...