Power projects aim to generate 4,000 megawatts by 2020
The government is carrying out 18 power projects to generate more than 4,000 megawatts of electricity by 2020, according to the Ministry of Industry, Mines and Energy. In its annual report, the ministry says Cambodia consumed 2,788 million kilowatt/hours in 2011. Thailand and Vietnam supplied 1,765 ...
Vietnam, Laos, Cambodia develop trade, tourism
The seventh investment–trade–tourism promotion conference for the Cambodia–Laos–Vietnam development triangle took place in the Central Highlands province of Kon Tum on December 5. The event attracted the participation of representatives from over 400 domestic and foreign businesses. Vietnam is investing in 50 projects worth close to ...
Tourism for fourth months of 2012
Report from tourism ministry said: in 2011, it gained 2.8 million tourist arrivals and harvested for 1.9 billion US dollars. For fourth months of 2012, we received over 1, 272,514 foreign tourists, an increase of over 27 percent if comparing the same period of last year. Tourism industry offered direct jobs of 350,000. Ministry urged to ...
Cambodia's economy to grow by 7 pct in 2013: finance minister
Cambodia’s economy is projected to grow by 7 percent this year, Deputy Prime Minister and Finance Minister Keat Chhon said Friday. He said the growth still is contributed by garment exports, tourism, agriculture, real estate and construction. Last year, Cambodia’s GDP per capita was nearly 1,000 ...
http://news.xinhuanet.com/english/business/2013-03/29/c_132271714.htm
Cambodia's new business registrations drop 12 pct in 2013
Cambodia had issued operating licenses to 2,988 new companies last year, down 12 percent from 3, 386 in a year earlier, according to the Ministry of Commerce on Wednesday. Of the 2013 new business registrations, foreign businesses registered 1,448, down 9 percent, while local registrations fell ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-01/22/c_133065203.htm
Japan to loan $383m to develop Sihanoukville Port
Cambodia and Japan have signed an agreement for Tokyo to provide up to $383 million in loans to expand Sihanoukville Autonomous Port’s terminal capability. ...
Chhorn Raksmey
https://kiripost.com/stories/japan-to-loan-383m-to-develop-sihanoukville-port
City’s Transportation Workers Protest High Gasoline Prices
About 100 tuk-tuk drivers, motorcycle taxi drivers, vendors and other informal transportation workers protested against the high price of gasoline yesterday at the National Assembly, claiming the high petrol prices are cutting into their small profits. Vorn Pao, president of the Independent Democracy of Informal Economy ...
Mfone’s Assets Sold For Hugely Reduced Price
The assets of bankrupt mobile operator Mfone, which owes creditors more than $160 million, have been sold to a single buyer for the bargain price of $10 million, a lawyer involved with the case said Monday. Khan Sereyvuthy, a legal adviser to the government-appointed administrator handling ...
Aun Pheap
http://www.cambodiadaily.com/business/mfones-assets-sold-for-hugely-reduced-price-46861/
Revenues Down at Pailin’s Dreamworld Casino
U.S.-listed firm Entertainment Gaming Asia’s (EGA) Dreamworld casino in Poipet province has seen revenue drop by almost 18 percent this year, according to financial results released by the company. Results issued on Thursday from Hong Kong said the casino, which opened in May 2012, made revenue ...
http://www.cambodiadaily.com/business/revenues-down-at-pailins-dreamworld-casino-39102/
Even stronger ties: Cambodia and Vietnam pledge to enhance cooperation for mutual benefit
Vietnam’s President and the Cambodian Government have reaffirmed their commitment to strengthening bilateral relations and cooperation, driven by a shared cultural heritage and principles of good neighbourliness. Both sides aim to expand and deepen their partnership for the betterment of their peoples and nations. ...
Soth Koemsoeun
https://www.khmertimeskh.com/501522664/even-stronger-ties-cambodia-and-vietnam-pledge-to-enhance-cooperation-for-mutual-benefit/
Gas prices at all-time high
Gasoline prices in Cambodia hit an all-time high on Friday, stoking fears of limited fuel reserves and increasing production costs at some of the Kingdom’s businesses. Premium gasoline sold for $1.40 per litre last week, surpassing the $1.38-per-litre price during the global economic slump at the ...
Traffic deaths still plague Kingdom
Despite an increase in traffic law enforcement and awareness, traffic deaths continued to plague the country during the first six months of 2018. A National Police general department of traffic and public order report published yesterday said that 1,633 traffic accidents lead to 930 deaths ...
Sen David
https://www.khmertimeskh.com/50508968/traffic-deaths-still-plague-kingdom/
Lawyer calls for leniency for trafficking suspects
A lawyer for six women accused of trafficking young women to China conceded his clients’ guilt during their trial at the Phnom Penh Municipal Court on Tuesday but asked for leniency because of their modest education. ...
Ouch Sony
https://www.cambodiadaily.com/news/lawyer-calls-for-leniency-for-trafficking-suspects-95953/
PM announces new airport in Siem Reap
Prime Minister Hun Sen said yesterday that Siem Reap is in need of a new airport to tackle the rising number of visitors to the area.Last week Cambodia reached an $880-million agreement with China’s Yunnan Investment Holding Ltd which allows the state-owned company to manage ...
Chea Vannak
http://www.khmertimeskh.com/5084356/pm-announces-new-airport-siem-reap/
Oil prices hit all-time high in Cambodia
Oil prices in Cambodia hit the highest of all time on Friday, with a liter of premium gasoline going for 1.45 U.S. dollars at all petrol stations in the capital. The price is the highest ever if compared with the peak price of 1.41 U.S. dollars ...
http://news.xinhuanet.com/english/business/2013-02/15/c_132169890.htm
Construction investment rises sharply
Investment in construction in the Kingdom during the first nine months of this year rose 83.6 per cent, according to data from Ministry of Land Management Urban Planning and Construction last week. The data showed that during the first nine months of this year the ministry ...
http://www.phnompenhpost.com/index.php/Real-Estate/construction-investment-rises-sharply.html
New push for maternal health
The government on Saturday announced a plan to decrease the number of maternal deaths in the Kingdom by 50 per cent in the future by promoting countrywide pregnancy-related preventative measures among women. In the recently released preliminary results of the 2014 Cambodia Demographic and Health ...
Sen David and Sarah Taguiam
http://www.phnompenhpost.com/new-push-maternal-health
Faintings up: Union report
About 1,800 people fainted at work in 2014, roughly 1,000 more than the previous year, according to Cambodian Labour Confederation (CLC) statistics surveying multiple industries in the Kingdom. Work-related deaths fell from about 96 in 2013 to 73 in 2014, while issues such as arrests and ...
Sean Teehan and Mom Kunthear
http://www.phnompenhpost.com/national/faintings-union-report
EU aids Cambodia in combating illicit trafficking, use of nuclear, radiological materials
The European Union (EU) signs Wednesday to provide Cambodia with equipment to detect illicit trafficking and criminal use of nuclear and radiological materials. The agreement was inked between EU Ambassador to Cambodia Jean Francois Cautain and Om Yentieng, vice-chairman of the Secretariat of National Counter-Terrorism Committee. Under the deal, ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-11/06/c_132863880.htm
Cambodia’s public debt almost touched $10 billion last year
Cambodia’s total public debt stock is expected to increase approximately 1.42 percent to reach $9.97 billion by the end of 2022 compared to over $7 billion five years ago, while the national budget law allowed the government to borrow about $1.26 billion or $1.7 billion ...
Kang Sothear
https://www.khmertimeskh.com/501226200/cambodias-public-debt-almost-touched-10-billion-last-year/