Rules passed for derivatives
Cambodia has moved to formalise its ill-regulated derivatives sector by launching a key regulation earlier this month.On July 2, the Securities and Exchange Commission of Cambodia (SECC) approved the prakas on the “Licensing and Supervision of Derivative Trading”. ...
May Kunmakara
http://www.phnompenhpost.com/business/rules-passed-derivatives
Cambodia reports sharp rise in dengue fever cases in 1st half of 2015
The number of reported dengue fever cases has risen to 2,688 dengue in the first six months of this year, up 116 percent from the 1,245 cases over the same period last year, a statement from the Health Ministry said. ...
Xinhua team
http://www.khmertimeskh.com/news/13719/cambodia-reports-sharp-rise-in-dengue-fever-cases-in-1st-half-of-2015/
ELCs tied to destruction of forests in new report
Cambodis’s most crucial forests are disappearing at a rate of more than 2,000 kilometres a year, as agricultural firms continue to harvest timber by illegal means in protected areas and national parks, according to a study from Washington-based Forest Trends. ...
Ethan Harfenist
http://www.phnompenhpost.com/national/elcs-tied-destruction-forests-new-report
With protest, families win drainage donation
A group of Phnom Penh families from a flood-prone community living along the city’s abandoned railroad tracks managed to secure the last $2,250 they need to build their own drainage system after protesting outside the Russei Keo district governor’s office Wednesday. ...
Huot Chanpav
https://www.cambodiadaily.com/news/with-protest-families-win-drainage-donation-90920/
In congested capital, gov’t looks to rail transit
As Phnom Penh’s population expands in the coming decades—with expectations of 2.6 million people by 2035 and 5 million by 2050—Japan’s development agency on Thursday hosted a conference to review its plan to curb traffic congestion in the capital. ...
Sek Odom and Simon Henderson
https://www.cambodiadaily.com/news/in-congested-capital-govt-looks-to-rail-transit-91089/
Kampot curfew and alcohol ban announced
Kampot Provincial Administration has announced that a curfew is now in place, starting from today, June 2nd. ...
Khmer Times Staff
https://www.khmertimeskh.com/50866679/kampot-curfew-and-alcohol-ban-announced/
FAO says world food prices to reach record high in March, Cambodia expects 3.5 percent hike in Q1
Cost of food in Cambodia increased 2.78 percent in December of 2021 over the same month in the previous year, according to the National Institute of Statistics of Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/501055959/fao-says-world-food-prices-to-reach-record-high-in-march-cambodia-expects-3-5-percent-hike-in-q1/
CDC approves 149 Japanese investment projects as of August 2022
The Council for the Development of Cambodia (CDC) has approved 149 Japanese investment projects with a total investment capital of about $2.9 billion as of August 2022. ...
Khmer Times Staff
https://www.khmertimeskh.com/501147989/cdc-approves-149-japanese-investment-projects-as-of-august-2022/
Vendors hit as price of Thai durian imports rise
The price of durian from Thailand has risen sharply this year, leading to shrinking profits for fruit vendors in Phnom Penh as demand from China for the spiky, pungent fruit grows more robust. On Sihanouk Boulevard, fruit vendor Heng Sovanna said that since March, the price ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/vendors-hit-as-price-of-thai-durian-imports-rise-59964/
Graft claims over mining revenue
Political activists and watchdog organisations say Cambodia’s US$13 million revenue from the mining sector over the last five years is exceedingly low and that the government must be more transparent. The claims come after the Ministry of Mines, Industry and Energy (MIME) released its figures on the mining ...
MEF bullish on medium-term growth amid diversification
The Cambodian economy is demonstrating signs of a recovery in terms of gross domestic product (GDP) growth in 2024 and the following periods, according to new statistics released by the Ministry of Economy and Finance’s (MEF) General Department of Policy which have predicted the country’s ...
James Whitehead
https://www.khmertimeskh.com/501520198/mef-bullish-on-medium-term-growth-amid-diversification/
Oddar Meanchey families protest for public space
Forty-five families in Oddar Meanchey province’s Lumtong commune appealed to the Minister of Land Management, Urban Planning and Construction Chea Sophara on Wednesday to help get back 2,400 square metres of land they claim was grabbed by a senior military official. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/oddar-meanchey-families-protest-public-space
Emergency alerts are issued as rivers flood
Some 8,000 families in Stung Treng province have been affected by heavy flooding as the Mekong and Sekong Rivers surged beyond emergency levels on Sunday. This resulted in 2,210 families fleeing to higher ground, Stung Treng Provincial Hall spokesman Men Kong said. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/emergency-alerts-are-issued-rivers-flood
Toll expressway route unveiled
The Kingdom has settled on a route for a planned $2.5 billion high-speed toll road from Phnom Penh to the Vietnamese border in Bavet, the Ministry of Public Works and Transport and the Japanese International Cooperation Agency revealed in a seminar yesterday. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/toll-expressway-route-unveiled
Vendors square off with school principal
Vendors ousted from the grounds of Hun Sen Borey 100 Knorng Secondary School in Phnom Penh have accused the acting principal of corruption, including selling almost $2,000 worth of state property and forcing students to pay up to $100 to transfer to the institution. ...
Phak Seangly
http://www.phnompenhpost.com/national/vendors-square-school-principal
Unions, GMAC at the table
Employer representatives and trade unions sat down across from each other for the first time yesterday for head-to-head negotiations over next year’s garment sector minimum wage, with factory owners reluctantly offering a small $2 increase to their earlier proposal of $144.20. ...
Lay Samean and Ananth Baliga
http://www.phnompenhpost.com/national/unions-gmac-table
Ly Yong Phat in talks to supply power to Thailand
Tycoon Ly Yong Phat’s L.Y.P. Group is talking with the Thai government’s Energy Policy and Planning Office (Eppo) to supply Thailand with 2,000 megawatts from his planned Koh Kong coal-fired power plant, and hopes to sign a deal early next year. ...
May Kunmakara
http://www.khmertimeskh.com/news/18243/ly-yong-phat-in-talks-to-supply-power-to-thailand/
First-ever FDI survey identifies $20B in capital inflow
Foreign direct investment (FDI) to Cambodia over a 20-year period – from 1994 to 2014 – is estimated to have reached $19.2 billion and was heavily weighed by inflows of capital from China, according to the first-ever comprehensive survey on FDI, released yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/first-ever-fdi-survey-identifies-20b-capital-inflow
Cambodia's famed Angkor earns over 20 mln USD from ticket sales in Q1
Revenue from ticket sales to foreign tourists visiting Cambodia’s famed Angkor archaeological park reached 20.3 million U.S. dollars in the first quarter of 2016, up 2.5 percent compared to the same period last year, according to an official statement on Friday. ...
liuxin
http://news.xinhuanet.com/english/2016-04/01/c_135244361.htm
Central Bank puts 40B riel up for bid in LPCO
The National Bank of Cambodia (NBC) yesterday held its second Liquidity-Providing Collateralised Operation (LPCO), making 40 billion riel ($9.89 million) available to financial institutions in an auction in which repurchase agreements, or repos, were signed for 8.4 billion riel ($2.07 million). ...
Post Staff
http://www.phnompenhpost.com/business/central-bank-puts-40b-riel-bid-lpco