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Prey Speu tales conflict

Following last week’s street sweep, children as young as 7 years old were kept in Phnom Penh’s notorious Prey Speu social affairs centre, eyewitnesses, staff and those targeted by the initiative have told the Post, directly contradicting government denials offered earlier this week. Standing at the centre’s ...

Alice Cuddy and Sen David
http://www.phnompenhpost.com/national/prey-speu-tales-conflict

FDI survey may lead to new property regulations

Cambodia’s property sector continues to grow, offering both opportunities and challenges for both foreign and local investors. Meanwhile, ahead of the ASEAN Integration, a wider access to transparent information about the FDI fuelling the sector could lead to the adoption of stronger regulatory principles and ...

Kali Kotoski and Sum Manet
http://www.phnompenhpost.com/real-estate/fdi-survey-may-lead-new-property-regulations

Japanese to donate medical equipment

The Japanese government will provide $18 million worth of medical equipment and supplies to the Ministry of Health to help the Kingdom fight Covid-19. It will also offer nearly $23 million in financial grants to support education and health in Cambodia, according to an announcement from ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/japanese-donate-medical-equipment

Cambodia May Lure Up to 10 IPOs a Year, Korea Bourse Says

Cambodia’s stock market, which is set to open next week after several delays, may be able to lure five-to-10 initial public offerings a year, according to Korea Exchange Inc., the Cambodian government’s partner in the bourse. State-owned Phnom Penh Water Supply Authority (PPWSA) will start trading ...

http://www.bloomberg.com/news/2012-04-12/cambodia-may-lure-up-to-10-ipos-a-year-korea-bourse-says.html

Smile Shop catering to lockdown demand for groceries

In response to increased demand during lockdown, Smile Shop, a local e-shop, is offering new users a $10 discount on their first purchase for orders of $25 or more. They ensure deliveries are made between two and 12 hours post ordering in Phnom Penh. ...

Brian Badzmierowski
https://www.khmertimeskh.com/50842449/smile-shop-catering-to-lockdown-demand-for-groceries/

Kingdom’s real salaries set to increase 2.2 percent in 2024

The real salaries in the country are expected to grow 2.2 percent next year, according to the latest Salary Trends Report published by ECA International, a renowned organization that offers data on salary, accommodation, tax, labour law, cost of living as well as benefits and ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501395310/kingdoms-real-salaries-set-to-increase-2-2-percent-in-2024/

Thai Embassy cautions against high-paying jobs in Cambodia

Thais are being warned of job scams in Cambodia that could lead to them being forced into call-centre servitude, according to the Thai embassy in Phnom Penh. The embassy has advised Thais reconsider highly-paid job offers in Cambodia, as many victims have ended up working ...

Khmer Times Staff
https://www.khmertimeskh.com/501417706/thai-embassy-cautions-against-high-paying-jobs-in-cambodia/

Kingdom inflation rises on oil prices

Inflation in Cambodia rose 5.8 per cent year-on-year in January, according to figures from the National Institute of Statistics. Rising fuel costs had spurred the inflation, which was felt largely in the price of food, officials said. Data showed food and non-alcoholic beverage prices in January increased ...

http://www.phnompenhpost.com/index.php/2012022754728/Business/kingdom-inflation-rises-on-oil-prices.html

Chinese language study surging in Cambodia

As China has risen to become the world’s second-largest economy and cemented close political and economic ties with the Kingdom, many people see advantages in speaking the language of their powerful northern benefactor.   From 1994 to 2011, data from the Council for the Development of Cambodia show ...

http://etmcambodia.com

Upcoming Book Assesses Benefits and Limitations of Foreign Aid

A new book by a Cambodian-born author, due to be published this month, is set to bring the debate over Cambodia’s dependence on foreign aid into the spotlight. Since 1992, Cambodia has received more assistance for its development than almost any other country on the planet. ...

Cooperatives Key to Help Farmers, Combat Hunger

The key to lifting people out of poverty could be found in the setting up of farming cooperatives, the country director of the World Food Program said on Friday, which was also World Food Day. Jean-Pierre de Margerie, country director of the World Food Program, said ...

Kingdom lacks engineers: minister

Because Cambodia’s youth has not focused enough on studying technical or engineering subjects, the Kingdom now faces a lack of human resources and the Ministry of Education, Youth and Sports plans to reform the country’s education system, according to the minister in charge. Minister Im Sethy ...

http://www.phnompenhpost.com/2013052965901/Business/kingdom-lacks-engineers-minister.html

Youths to march for justice over shooting

More than 300 youth from around Cambodia plan to rally on Friday to demand justice for the man killed during the opposition party’s three-day demonstration last month. Participants from a variety of universities, high schools, youth clubs, civil societies and other groups will march from Wat ...

Mom Kunthear
http://www.phnompenhpost.com/national/youths-march-justice-over-shooting

Cambodia at UN To Defend Rights Record

Cambodia’s opposition leader, Sam Rainsy, is currently in Geneva, where the UN Human Rights Committee is reviewing the country’s rights record. Cambodian government officials are defending their rights record for the second time in four years at the Universal Periodic Review. Sam Rainsy, who heads the Cambodia ...

Sok Khemara, VOA Khmer
http://www.voacambodia.com/content/cambodia-at-un-to-defend-rights-record/1839449.html

Cambodia very lucrative for investors

Economic diversification is attracting substantial sums of FDI from China and beyond. Rich in history and culture and blessed with wonderful natural and human resources that are driving its impressive economic growth and attracting record sums of foreign direct investment (FDI), the Kingdom of Cambodia offers ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZTk3NDYwNTAyZjc

The scramble to Siem Reap

As Cambodia’s busy tourism season approaches, domestic and regional airlines are scrambling to offer Siem Reap routes in a bid to capitalise on the growing number of visitors to the Angkor Wat gateway. In the past several months, players have entered the fray at a ...

http://www.phnompenhpost.com/business/scramble-siem-reap

Borei Keila Residents File Criminal Suit Against Phanimex

One hundred and twenty families evicted from the Borei Keila community filed a criminal lawsuit with the Phnom Penh Municipal Court yesterday against Phanimex, the company that ordered the demolition of their homes, seeking a total of $360,000 in damages, residents said. Former resident In ...

Japan Asks for Tax Breaks, Better Regulations

The Japanese Embassy in Phnom Penh appealed to the Cambodian government Tuesday to help encourage Japanese investment here by providing corporate tax holidays and reducing notoriously high customs tariffs by adopting more transparent and efficient practices. According to a set of requests prepared by the ...

MFIs watch rice loans

The country’s financial institutions are closely monitoring loans that have been made to rice farmers, who say that this year’s fall in rice prices will affect their ability to make repayments, industry officials said yesterday. Last year, farmers were paid around 840 riel ($0.21) per kilogram ...

May Kunmakara
http://www.khmertimeskh.com/news/30035/mfis-watch-rice-loans/

Stocks Slow as CSX Sees First Day Without Trades

For the first time since the bourse went alive in April, no trading took place on the Cambodian Securities Exchange on Friday. The share price of the bourse’s sole listing, the Phnom Penh Water Supply Authority (PPWSA), remained flat at 6,450 riel ($1.58) at the end ...

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