Q1 investments zoom
Recent data for the first quarter show that $2.87 billion was invested in Cambodia during the first three months, a staggering 573 per cent increase from the same period last year, according to data released by the Council for Development of Cambodia on Friday. The Kingdom ...
May Kunmakara
http://www.phnompenhpost.com/business/q1-investments-zoom
Quarantine Period to be Extended For One Week For Delta Variant
Quarantine period has been extended to 21 days for Delta and Delta Plus variants, stressed Prime Minister Hun Sen in his statement on the current COVID-19 situation in Cambodia this morning. ...
Khmer Times Staff
https://www.khmertimeskh.com/50884967/quarantine-period-to-be-extended-for-one-week-for-delta-variant/
UK researchers say 3rd ‘booster’ dose 85% effective against Omicron – but booster take up in Cambodia remains critically low
As Cambodia records it 2nd case of the Omicron variant, a report from researchers at Imperial College London says that a 3rd ‘booster’ dose could provide around 85% protection against severe effects of the Omicron variant. ...
Khmer Times Staff
https://www.khmertimeskh.com/50990843/uk-researchers-say-3rd-booster-dose-85-effective-against-omicron-but-3rd-booster-take-up-in-cambodia-remains-critically-low/
Inflation rises to 7.4 percent
Inflation is expected to soar to 7.4 percent in Q2 2022, from 2.8 percent last year, raising fears that it will seriously impact the livelihoods of the country’s most vulnerable. ...
Seng Mengheng
https://kiripost.com/stories/inflation-rises-to-74-percent
Investments in Kingdom rise by 7 percent in Q1
In the first quarter of 2022, the number of projects approved by the Council for the Development of Cambodia reached 47, an increase of 6.8 percent and the total investment touched $2,520.6 million, an increase of 14.2 percent over the same period in 2021, according ...
Sok Sithika
https://www.khmertimeskh.com/501102954/investments-in-kingdom-rise-by-7-percent-in-q1/
System of government
UNTAC soldiers from India patrolling the streets in Prey Veng province, Cambodia, on the second day of voting. Photo by United Nations Transitional Authority of Cambodia (UNTAC), taken on May 24 1993. Licensed under CC BY-NC-ND 2.0Cambodia inherited legal and political systems and a state ...
Assembly Approves 2010 Gov’t Spending
Following a three-hour debate at the National Assembly, lawmakers passed a draft law approving the $2.5 billion the government spent in 2010. During the debate, CPP lawmaker Cheam Yeap presented a 10-page document that he said justified the $2.5 billion in spending, which was 25 percent ...
Press release on the outcome of "11th ASEM Summit"
The “11th ASEM Summit” held on 15-16 July 2016 in Ulaanbaatar, Mongolia, under the overall theme “2o years of ASEM: Partnership for the Future through Connectivity”, was concluded with the adaption of three important outcome documents: (1) Ulaanbaatar Declaration on ASEM into the Third Decade; ...
Ministry of Foreign Affairs and International Cooperation
Cambodia Lacks Research Enough To Tackle Its Problems, Analysts Say
Not enough priority is given to research in Cambodia, threatening its long term development, economists and other experts say. Larry Strange, executive director of the Cambodian Development Research Institute, says the country cannot plan for major reform, build its economy, or reduce poverty without proper analysis ...
Cambodian economy expected to remain buoyant: ADB
Cambodia’s economic growth rate is expected to exceed 7 percent both this year and next, the Asian Development Bank said Wednesday. The ADB maintained its forecast for this year’s economic growth at 7.2 percent, supported by strong exports and robust construction and service sectors. The ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/131002/cambodian-economy-expected-remain-buoyant-adb
Property Prices on the Rise in Phnom Penh
Preliminary results of a new survey show a steady rise in the price of land in Phnom Penh since the country’s property boom in 2008 and spectacular bust in 2009. The initial findings of the survey by VTRUST Property Co. Ltd. examine land prices during the ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/property-prices-on-the-rise-in-phnom-penh-49622/
Potential of renewable energy sources in Cambodia’s growing market
Cambodia, a rapidly developing Southeast Asian nation, has been experiencing significant economic growth in recent years. With a GDP growth rate of 7.1% in 2019, the country has been making strides in various sectors, including agriculture, manufacturing, and tourism. One of the most critical challenges ...
Khmer Times Staff
https://www.khmertimeskh.com/501311118/potential-of-renewable-energy-sources-in-cambodias-growing-market/
Tourism stronger than predicted
The Kingdom’s tourism industry this year will perform much better than the government expects thanks in part to Cambodia’s growing popularity as a vacation destination, investment firm Cambodia Capital has said. Total tourist arrivals to Cambodia for 2011 will reach 2.85 million, while total revenues ...
http://www.phnompenhpost.com/index.php/2011090151407/Business/tourism-stronger-than-predicted.html
Cambodian rice output grows in 2011 despite floods
Cambodia’s total paddy rice output reached 8.4 million tonnes in 2011, up from 8.25 million tonnes last year, according an initial assessment by the Ministry of Agriculture, Forestry and Fisheries. Provincial MAFF officials from across the Kingdom met in Phnom Penh on Saturday, when data was ...
Residents concerned over low land price
At least 22 families living in the capital’s Chamkarmon district say they are being forced to sell their land at below market value to Thailand’s Bun Roong Company in order to make way for a housing development. Village representative Chhim Veasna said on Wednesday that the ...
Cambodian farmers take Thai sugar giant to court
After years of protesting, two Cambodian farmers make their case this week in a Bangkok court against Thai sugar giant Mitr Phol, who they blame for the loss of their livelihoods. The stakes are high for the farmers and the company. The villagers from Cambodia are trying to convince the ...
Leonie Kijewski
https://www.aljazeera.com/ajimpact/190612123127160.html
Cambodia's oil imports rise
Cambodia imported approximately 1.2 billion tonnes of petroleum in the first nine months of the year, up 12.51 per cent from the 1.1 billion tonnes in the same period last year, statistics from the Ministry of Commerce showed last week. From January to September, Cambodia bought ...
http://www.phnompenhpost.com/index.php/2012111459729/Business/cambodias-oil-imports-rise.html
Full text of White House statement on US-ASEAN Leaders Meeting
On November 19, 2012, President Obama met with the leaders of the 10 member states of the Association of Southeast Asia Nations (ASEAN) to deepen our diplomatic, economic, security, and people-to-people ties with the key Asian multilateral organization. With a population of approximately 620 ...
Factory workers complain over low wages
Factory workers complain that their low salaries are not keeping track with the price of goods and services. Phoeun Sreyleak, 20, said she gets $70 a month including bonuses for health care and rent. “My basic wage is only $58,” she said. “My friend gets 2,000 riel ...
World Bank Ups Cambodia’s Ranking Over Better Logistics
Cambodia has moved up 27 places on a biennial World Bank list that ranks the ease of importing, exporting and transporting goods in different countries. Cambodia was ranked 101 out of the 155 countries included in the World Bank’s report titled Trade Logistics in the Global ...