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PM, Huawei regional chief talk IT development

Prime Minister Hun Sen has called on Chinese tech giant Huawei to continue to cooperate with the Ministry of Post and Telecommunications on training the local workforce and help Cambodia procure the latest technology to ensure cyber security and competition.   ...

Hin Pisei
https://www.phnompenhpost.com/business/pm-huawei-regional-chief-talk-it-development

ADB lends $ 82 million to improve national roads in two provinces to boost economic development

Asian Development Bank (ADB) has approved a $ 82 million loan to improve 48 km of national and provincial roads in Prey Veng and Kandal provinces to promote economic development through the Greater Mekong Subregion Economic Corridor.   ...

Ry Sochan
https://www.postkhmer.com/national/2021-09-30-0955-224438.html

ADB commits $1.26 bln to support Cambodia’s development for 5 years

The Asian Development Bank (ADB) announced in a news release on Wednesday that it has committed approximately $1.26 billion to support the Cambodian government from 2024 to 2028. ...

Khmer Times Staff
https://www.khmertimeskh.com/501505346/adb-commits-1-26-bln-to-support-cambodias-development-for-5-years/

The economics of ELCs

Economic land concessions in Cambodia have a profound and negative impact upon rural households located near the plantations, severely limiting residents’ access to natural resources and causing incomes to dip by almost a fifth, a new study by the University of Copenhagen has found. The report, ...

Ethan Harfenist
http://www.phnompenhpost.com/national/economics-elcs

Two listed firms post sound 2020 business

Two companies listed on the Cambodia Securities Exchange (CSX) reported sound business performance last year despite economic duress caused by the Covid-19 pandemic’s enduring stranglehold on regional and global economies. ...

May Kunmakara
https://www.phnompenhpost.com/business/two-listed-firms-post-sound-2020-business

Strong capital, liquidity in financial services

The National Bank of Cambodia (NBC) has affirmed that commercial banking and finances have strong capital and liquidity although Novel Coronavirus outbreak is hitting the country’s economy. ...

Sok Chan
https://www.khmertimeskh.com/50708404/strong-capital-liquidity-in-financial-services/

Cambodia’s exports earn $13 billion in January-July period

Cambodia exported $13.525 billion worth of goods to international markets in the January-July period of 2023, a year-on-year decrease of 2 percent, a report of the General Department of Customs and Excise showed on Friday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501341450/cambodias-exports-earn-13-billion-in-january-july-period/

Freeze ordered on CNRP offices

The Phnom Penh Municipal Court yesterday ordered a freeze placed on the former headquarters of the Cambodia National Rescue Party in Phnom Penh, warning that the property may be sold to pay fines and compensation incurred by its owner, former party President Sam Rainsy, in ...

Ben Sokhean and Ananth Baliga
http://www.phnompenhpost.com/national/freeze-ordered-cnrp-offices

Call for better handling of land disputes

Civil society organizations yesterday repeated calls for land disputes to be resolved quickly, peacefully and without authorities using police and the courts to put pressure on communities. Speaking at an event celebrating poor urban communities at the American Intercon School yesterday, more than 200 people, including ...

Pech Sotheary
http://www.khmertimeskh.com/news/29659/call-for-better-handling-of-land-disputes/

Safe water lowers absenteeism

Reducing absenteeism in schools in developing countries may be as simple as providing students with safe drinking water. A new study indicates that, but researchers are not sure why. The study was done at eight schools in Cambodia where the attendance records of more than 3,500 ...

Joe Decapua
http://www.voacambodia.com/content/water-absenteeism-18mar14/1874739.html

City brushes off ice factory complaint

Phnom Penh municipal officials Nov. 8, 2012 dismissed the complaints of more than 60 families about a Russei Keo district ice factory’s levels of noise and bad fumes. Following their inspection of the Om Rith factory, a manufacturer of Super Ice, officials from Phnom Penh’s Department ...

http://www.phnompenhpost.com/index.php/2012110959656/National-news/city-brushes-off-ice-factory-complaint.html

Foot-and-mouth affecting cattle

Many cattle in Svay Rieng province’s Svay Chrum and Chantrea districts have fallen ill or died from foot-and-mouth and other diseases over the past few weeks, resulting in the launch of a cattle vaccination campaign. ...

Pech Sotheary
http://www.khmertimeskh.com/news/35232/foot-and-mouth-affecting-cattle/

Foot-and-mouth disease hits cattle

More than 200 cows found with foot-and-mouth disease in two villages of Kampong Cham province’s Sambour Meas commune received medication yesterday, while about 200 others were under observation. ...

Pav Suy
http://www.khmertimeskh.com/5078153/foot-mouth-disease-hits-cattle/

Cambodia imports oil, and gas products worth $2.28 billion in the first eight months of the year

Cambodia’s imports of oil and gas products totaled $2.28 billion during the January-August period this year, down 9.5 percent from last year, according to a report from the General Department of Customs and Excise on Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501362703/cambodia-imports-oil-and-gas-products-worth-2-28-billion-in-the-first-eight-months-of-the-year/

Car sales sharply rise in Cambodia in 2012 due to strong economic growth

Demand for brand new cars in Cambodia has remarkably increased in 2012 thanks to robust economic growth, enhanced social security and political stability, major automobile dealers said Monday. “We sold about 800 units this year, up from 500 units last year, “Kong Nuon, president of ...

http://news.xinhuanet.com/english/business/2012-12/24/c_132060341.htm

$50M ADB loan aims to boost economic diversity

The Asian Development Bank (ADB) on December 6 announced that it has greenlit a $50 million policy-based loan under Subprogram 1 of its Trade and Competitiveness Program to support government efforts to diversify the economy, better enable local businesses to compete globally, and boost Covid-19 ...

May Kunmakara
https://www.phnompenhpost.com/business/50m-adb-loan-aims-boost-economic-diversity

Workers fired after strike

Two factories in the Manhattan Special Economic Zone (SEZ) in Svay Rieng province’s Bavet town have fired more than 40 workers since thousands-strong strikes ended early this month, unions say. Terminations at Best Way and Fico garment factories were bosses’ way of exacting revenge for the ...

Sen David
http://www.phnompenhpost.com/national/workers-fired-after-strike

Businesses need help fighting corruption: CAMFEBA

Corruption is weighing on businesses, and the avenues to address it are limited, according to Cambodia’s leading employer association. At a joint conference with the International Labour Organization (ILO) and the Cambodian Federation of Employers (CAMFEBA) in Phnom Penh yesterday, the employer representative called on the ...

Daniel de Carteret
http://www.phnompenhpost.com/business/businesses-need-help-fighting-corruption-camfeba

ASEAN creates 'community' encompassing 600+ million people

Leaders of the 10-member Association of Southeast Asian Nations (ASEAN) Sunday signed a declaration establishing a formal economic, political, security and socio-cultural community. The AEC is set to become fully functional December 31. ...

Steve Herman
http://www.voacambodia.com/content/asean-economic-community/3069046.html

Garments competitiveness ‘at risk’

Rising labour, transportation, logistics and electricity costs could potentially undermine the competitive advantage of Cambodia’s textile-linked industries, according to research conducted by a prominent local economist. ...

Hom Phanet
https://www.phnompenhpost.com/business/garments-competitiveness-risk

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