Cambodia, Korea launch carbon reduction project
A month after the Ministry of Environment (MoE) signed a memorandum of understanding (MoU) with the Ministry of Trade, Industry & Energy of the Republic of Korea (MOTIE) on the implementation of Article 6 of the Paris Agreement, Verywords Friday launched the Korea-Cambodia greenhouse gas ...
Nhean Chamrong
https://www.khmertimeskh.com/501530931/cambodia-korea-launch-carbon-reduction-project/
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
PM approves $200 mil budget to complete the border ring road in 10 years
Prime Minister Hun Manet announced that the border ring road will extend over 2,660 kilometres, with 1,300 kilometres already constructed. In July, the premier approved a budget of over $200 million to complete the remaining 1,300 kilometres over the next decade. ...
Khmer Times Staff
https://www.khmertimeskh.com/501554410/pm-approves-200-mil-budget-to-complete-the-border-ring-road-in-10-years/
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/
Laos dam looms over fish quota
A new government plan has set a goal for an annual 1.2 million tonnes of fish by 2019, but officials and environmentalist have said the construction of Xayaburi dam in Laos could stymie Mekong fisheries. The plan would push fish exports to 500,000 tonnes of fish ...
http://www.phnompenhpost.com/index.php/2011120953255/Business/laos-dam-looms-over-fish-quota.html
Kingdom becomes top bicycle supplier to EU
Cambodia became the largest bicycle supplier to the European Union (EU) last year, overtaking Taiwan, which had held the number one spot for two decades, a recent report from the website Bike-EU.com said on Monday. The report from the leading industry newsletter associated with the ...
Hor Kimsay
https://www.phnompenhpost.com/business/kingdom-becomes-top-bicycle-supplier-eu
Cambodia continues to see slow price increase
Food prices drove moderate inflation in June, with experts calling the 1.8 per cent year-on-year increase acceptable. Month on month, inflation rose at about 0.1 per cent, data from the National Institute of Statistics showed. Khin Song, deputy director general at NIS, said the slow rise in ...
Passenger arrival at airports up by 10 pct
The number of passenger arrivals at the Kingdom’s airports rose to 1.37 million in the first six months of the year, up 10 per cent from 1.24 million visitors in the same period in 2013, according to figures from Cambodia Airports. The figures include both international ...
Hor Kimsay
http://phnompenhpost.com
Eating out on the up in capital
Phnom Penh residents are spending big bucks eating at restaurants, thanks to rising demand for high-quality meals among office workers and other members of the middle class, a new study by Park Cafe Food and Beverage revealed yesterday. The study estimated that about $1.53 million was ...
Hor Kimsay
http://www.phnompenhpost.com/business/eating-out-capital
England Promises to Invest US$ 2.22 Billion in Cambodia
England promised to invest in Cambodian around US$ 2.22 billion make total investment projects in country during 7 month of the year increased up to US$ 5.5 billion, Council for Development of Cambodia (CDC)’s reported to the media. According to the report, in the first ...
A downside to economic success
Experts warn that Cambodia’s imminent move up to lower-middle income status could lead to a drop in foreign aid and economic assistance. While the status upgrade would affirm Cambodia’s economic openness, higher wages and increasing foreign investment, it could also lead developed countries to scale ...
Ananth Baliga
http://www.phnompenhpost.com/business/downside-economic-success
Cambodia sees 22 pct rise in garment export in 11 months
Garment industry, Cambodia’s largest foreign currency earner, reported a 22 percent surge in exports in the first 11 months of 2013, according to figures from the Ministry of Commerce on Thursday. The Southeast Asian nation exported apparel products in equivalent to 5.07 billion U.S. dollars during ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-12/19/c_132981486.htm