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Exports from SEZs soar 27% year-on-year

Cambodia’s exports through the special economic zones (SEZs) last year increased by about 27 per cent compared to 2018, Minister of Economy and Finance Aun Pornmoniroth said on Thursday. Speaking during a visit to the Phnom Penh Special Economic Zone (PPSEZ), Pornmoniroth said the total ...

Hin Pisei
https://www.phnompenhpost.com/business/exports-sezs-soar-27-year-year

Announcement on the launching of the SMEs co-financing project

On 03 April 2020, the Ministry of Economy and Finance has released an announcement on the launching of “SMEs co-financing” project. The funding under the co-financing scheme is US $ 100 million, which is a joint venture between the SME Bank of Cambodia and the Microfinance ...

Ministry of Economy and Finance

Download: pdf

Sugar protest outside PM’s house broken up

About 100 villagers involved in a long-running land dispute with Koh Kong Sugar Industry Company attempted to march to the home of Prime Minister Hun Sen yesterday, culminating in a physical altercation with authorities.The mostly female group of protesters was stopped at 10:40am by Daun ...

Lay Samean
http://www.phnompenhpost.com/national/sugar-protest-outside-pms-house-broken

His Excellency Deputy Prime Minister PRAK Sokhonn, Minister of Foreign Affairs and International Cooperation, attended via videoconference the pledging conference to support ASEAN’s Humanitarian Assistance in Myanmar

On 19 August 2021, Ministry of Foreign Affairs and International Cooperation issued a press release on His Excellency Deputy Prime Minister PRAK Sokhonn, Minister of Foreign Affairs and International Cooperation, attended via videoconference the pledging conference to support ASEAN’s Humanitarian Assistance in Myanmar, on 18 ...

Ministry of Foreign Affairs and International Cooperation

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Phnom Penh Trash Collectors Dance for Demands

Piles of garbage festered on the streets of Phnom Penh on Tuesday as hundreds of workers employed by the city’s refuse collection company, Cintri, continued to strike for higher wages and better working conditions. At the company’s truck depot in Dangkao district Tuesday morning, more than ...

Ben Sokhean and Alice Cuddy
http://www.cambodiadaily.com/news/phnom-penh-trash-collectors-dance-for-demands-51432/

Our experience at the International Fundraising Congress 2023 in the Netherlands

We were initially introduced to the International Fundraising Congress (IFC) 2023 through one of Open Development Cambodia’s respected board members, who has a close affiliation with a speaker at the event. Described as the distinguished gathering for fundraising professionals, we promptly secured our registration for ...

City Hall hands out Boeng Kak land titles

Marking another milestone in the years-long struggle between the government and the families of Phnom Penh’s Boeng Kak lake community, Phnom Penh Governor Kep Chuktema handed out 254 land titles to lakeside residents at City Hall on Saturday. But with the government shrouding the titling process ...

Kingdom poised to ink deal for first wind farm

The government and French-owned The Blue Circle (Cambodia) Co Ltd will soon sign an agreement to build a wind farm in Kampot province – the first of its kind in the Kingdom. The agreement comes as the government has made efforts to diversify its power ...

May Kunmakara
https://www.phnompenhpost.com/business/kingdom-poised-ink-deal-first-wind-farm

Gov’t set to act on plastic waste

The government, civil societies and relevant partners have jointly committed to acting on the plastic waste crisis that is adversely affecting the environment, wildlife and public health. The joint commitment was made on Tuesday during the “Action Against Plastic Waste in Cambodia” forum in the ...

Long Kimmarita
https://www.phnompenhpost.com/national/govt-set-act-plastic-waste

Villain or victim? Protesters divided over Bopha

Imprisoned Yorm Bopha has either been unjustly targeted for her role in Boeung Kak lake eviction protests or is responsible for the vicious beating of two motodops, depending on which protesters’ chants were true yesterday. It was land evictees versus motodops in the capital as two ...

http://www.phnompenhpost.com/index.php/2012091158623/National-news/villain-or-victim-protesters-divided-over-bopha.html

Official says resettlement sites are good for development

Widely different interpretations of the government’s land policy were voiced at a conference on Land Security and Housing Rights on Thursday in Phnom Penh, with civil servants defending mass relocations, while rural evictees spoke of being forced into poverty due to loss of their land. ...

http://www.cambodiadaily.com/

Cambodian Stock Exchange sees challenges, opportunities

I visited the Cambodian Stock Exchange (CSX) last September in the heart of Phnom Penh. It had officially “opened” a few months prior but no companies were listed yet. The trading room was filled with new desks and computer monitors, waiting for someone to power ...

http://www.chinapost.com.tw/business/global-markets/2012/05/07/340280/Cambodian-Stock.htm

As US Economy Slows, Investment in Asean Nations Necessary

Siem Reap City – With a host of uncertainties still hanging over the U.S. economy, more than 100 American businesses—the largest delegation to ever visit Cambodia—gathered here over the weekend, and all of them were in agreement about one thing: The slowdown in the U.S. ...

Rice federation started

A NEW [sic] organisation for rice exporters was launched in Cambodia this weekend in an effort to transform the industry as it seeks to meet ambitious export targets. The Federation of Cambodian Rice Exporters (FCRE) was inaugurated on Saturday, and says it will gain full authorization ...

http://www.phnompenhpost.com/2012121760310/Business/rice-federation-started.html

Fire Insurance Costs Soar for Garment Sector

Large payouts last year by local insurance companies to two garment factory owners and regional natural catastrophes have resulted in a huge hike in the cost of fire insurance for commercial premises in Cambodia, brokers said. Cambodia’s insurance industry paid out some $24 million in fire ...

Trafficked numbers rising

Their stories have become all too familiar – Cambodian fishermen enslaved on fishing boats after being promised lucrative jobs overseas. They’re also becoming increasingly common. Anti-trafficking NGOs told the Post this week that they have noticed an exponential increase in the number of trafficking complaints from ...

Danson Cheong
http://www.phnompenhpost.com/2013052265773/National/trafficked-numbers-rising.html

Asian garment industry to undergo further segmentation

The Asian garment manufacturing industry will undergo further segmentation in the next three to four years as competition becomes more intense, experts said. China, Thailand and Vietnam will mainly produce high-end clothing, while Bangladesh, Laos, Burma and Cambodia will mainly produce low-end clothing. Lu Qijian, ...

http://usa.chinadaily.com.cn/business/2013-07/15/content_16778408.htm

Investments in Cambodia Up

Vietnam’s investment in Cambodia has increased significantly in the last three years, but a mechanism to encourage and oversee investments in prioritized sectors is needed, according to diplomatic sources. Tan Nguyen Tien, head of the economic section at the Vietnamese embassy in Phnom Penh, said Vietnam’s ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NjA1NjRhYTIxOTd

Some Return After Eviction From Coastal Resort Development

Thousands of people have been evicted from their homes to make way for a Chinese development in Koh Kong province. But some of the families have returned to their land, leaving a relocation site they say was insufficient for their needs. For families like those of ...

http://www.voacambodia.com/content/some-return-after-eviction-from-coastal-resort-development/1710875.html

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