ASEAN affected by slowdown
The IMF World Economic Outlook (WEO) forecasts that uncertainty surrounding growth in advanced economies will slightly affect the growth of some ASEAN nations, particularly low-income countries such as Cambodia. A senior IMF official told reporters on the sidelines of the fund’s annual meeting yesterday that some ASEAN economies relying heavily ...
Innovation crucial for future of Kingdom’s farming
Approximately 1.9 million households in Cambodia are currently engaged in agriculture production and feed around 15.8 million people. In 2012, one agri-food sector worker had to produce enough food to feed 2.8 people. And by 2030, predicted growth of towns and urban areas will mean ...
Mom Kunthear
https://www.phnompenhpost.com/national/innovation-crucial-future-kingdoms-farming
Over 300 converge for fifth annual crane festival
More than 300 people took part in the fifth annual Crane Festival in Anlung Pring Protected Landscape in southeastern Kampot province on May 19, to build public support for the conservation of the “venerable” sarus crane and in observation of World Migratory Bird Day five ...
Ry Sochan
https://www.phnompenhpost.com/national/over-300-converge-fifth-annual-crane-festival
Int’l trade rises as commerce ministry lays out 2023 plans
Cambodia’s 9.19 per cent on-year rise in foreign trade value to the $52.425 billion logged by Customs for 2022 was driven by “in-depth reforms in all areas”, improvements in export competitiveness, and an increasingly favourable business and investment environment, according to Minister of Commerce Pan ...
Hin Pisei
https://www.phnompenhpost.com/business/intl-trade-rises-commerce-ministry-lays-out-2023-plans
Ministry of Environment and Battambang Province launch urban solid waste management system testing
The Ministry of Environment, in cooperation with the Battambang Provincial Administration, announces the launch of a trial of the urban solid waste management system (NSWM-PLATFORM) in the national nursery system of the Battambang Municipal Administration in order to strengthen solid waste management in accordance with ...
Khmer Times Staff
https://www.khmertimeskh.com/501339847/ministry-of-environment-and-battambang-province-launch-urban-solid-waste-management-system-testing/
Cambodian exports to ASEAN markets rise 13%
The value of Cambodian trade with the nine other ASEAN countries reached $16.053 billion in 2022 – up 1.4 per cent from $15.838 million in 2021 – accounting for a 30.62 per cent share of the Kingdom’s $52.425 billion in total foreign trade for the ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-asean-markets-rise-13
Japan firm chooses Battambang for cashew nut shell fuel project
Japanese firm Top Planning Japan Co Ltd’s (TPJ) apparent interest in investing in facilities in Battambang province to convert cashew nut shells into fuel and process the fibre-rich seeds for export has been greeted with much enthusiasm among local authorities and has dramatically heightened prospects ...
Hin Pisei
https://www.phnompenhpost.com/business/japan-firm-chooses-battambang-cashew-nut-shell-fuel-project
Farmers freed after ‘injustice’
The last of the Chi Kraeng villagers has been freed by the Appeal Court after it upheld their acquittal. The villagers had originally been convicted of forcibly detaining two businessmen over a land dispute involving 475 hectares of rice paddies in Siem Reap in 2009. ...
Farmers respond to lobster price hikes
As prices continue to climb for freshwater lobster, farming of the crustacean in Cambodia is increasing. A kilogram of top-quality lobster sells for about US$30, up from $10 in 2005, according to lobster farmers. The government is seeking to foster new growth in Cambodia’s wild ...
Nonperforming microloans swell due to floods
Total outstanding loans in the microfinance sector reached $815.47 million in the third quarter, a 25.8 percent rise compared to beginning of the year, according to data released yesterday by the Cambodia Microfinance Association (CMA) Despite growth in the sector, microfinance institutions said nonperforming loans were ...
Not enough high-quality jobs, group warns
Cambodia does not have enough productive or high-quality jobs available and most employment is informal, which will prevent Cambodians from rising out of poverty, the International Labor Organization (ILO) said Monday at a workshop in Phnom Penh. To help solve the issues affecting the labor market, ...
Hun Sen sets out northeast development plans
Prime Minister Hun Sen yesterday outlined the government’s plans to spur economic growth in the northeast of the country through implementing a wide range of projects in sectors such as agriculture and the extractive industries. Rights workers have warned that little information on the plans for ...
Deforestation for Sesan River dam project ceases, for now
Workers who were seen last week clearing forestland in Stung Treng province in preparation for the construction of the 400-megawatt Lower Sesan 2 dam have stopped their work after receiving an order to do so by the district governor, officials said yesterday. Sesan district governor Bou ...
Thaksin oil deal interrupted
A Cambodian and Thai dispute over oil nearly reached a resolution when then prime minister of Thailand Thaksin Shinawatra was ousted was revealed in diplomatic cables released by Wikileaks. The cable details a meeting between the US-ASEAN Business council in Phnom Penh on May 15, ...
http://www.phnompenhpost.com/index.php/2011071350344/National-news/thaksin-oil-deal-interrupted.html
Villagers target new rubber plantation
Villagers in Svay Rieng province from 10 villages have taken part in an armed protest against the granting of a land concession in the forest that will turn it into a rubber plantation. The villagers claim to have been on the land since 1979 and ...
June Textile to pay workers
June Textile Factory will compensation the more than 4,000 workers in accordance with an Arbitration Council ruling, granting the workers severance pay after the Phnom Penh factory burned down. According to Albert Teoh, administration director of June Textile Factory, all workers would receive the full ...
http://www.phnompenhpost.com/index.php/2011072550603/National-news/june-textile-to-pay-workers.html
Chevron talks oil production
Chevron Overseas Petroleum (Cambodia) has been actively exploring Cambodia’s offshore Block A, and applied for a permit to begin extraction from government authorities. Yesterday, The Post caught up with its President Steve Glick, who has been in his present role in Phnom Penh for about ...
http://www.phnompenhpost.com/index.php/2011080450868/Business/chevron-talks-oil-production.html
Protest planned despite warning
Kulan district villagers embroiled in a land dispute in Preah Vihear’s Srayong commune say they will follow through with a planned 200-person protest against rubber firm Siladamich Company today despite being threatened with arrest. Village representative Lem Lom, 32, said yesterday that Srayong commune police and ...
US-Asean Delegation to visit Cambodia this month
A US-Asean Business Council delegation will visit Phnom Penh on March 19 and 20 to meet with government officials about current or potential investments in the country, American Cambodian Business Council President Bretton Sciaroni said. The meeting comes after a delegation of 11 Fortune 500 ...
Svay Rieng shooting victims get their say
The three young women wounded in last month’s factory shooting in Svay Rieng province will meet with provincial prosecutor Hing Bunchea today to give their account of the February 20 incident that has yet to produce an arrest warrant. Bun Chinda, 21, Nuth Sokhorn, 23, and ...