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
Construction Approvals Grow
GOVERNMENT-approved construction projects soared 84 percent year-on-year through July to US$747.7 million, which officials called the biggest jump since the property market bust three years ago. The number of approved projects for the period reached 1,279, a decline from the 1,344 projects greenlighted in the first ...
http://www.phnompenhpost.com/index.php/2011082351195/Business/construction-approvals-grow.html
New protected forests test overstretched ministry
The nearly 1 million hectares of newly protected forests the Environment Ministry wants to create by the end of the year will add nearly a third more land to the portfolio of an agency already struggling to manage the 3.2 million hectares it has. And ...
Zsombor Peter
https://www.cambodiadaily.com/news/111001-111001/
Japonica field trials
Cambodia is keen to grow Japonica rice and the Ministry of Agriculture is currently conducting field trials to explore the possibility. “We are currently studying how Japonica rice can be grown in the country and it will take three to four years to know the full ...
Chea Vannak
http://www.khmertimeskh.com/5081482/japonica-field-trials/
Garment worker protest builds over severance
More than 1,000 workers protested in front of the soon-to-be-closed Svay Rieng Cambodia Garment factory yesterday to demand better severance benefits, and nearly half of them then marched to the provincial hall to seek help from government officials, workers said yesterday. Worker representative Pang Tra said ...
General concern over settlement
A nearly year-long land dispute in Oddar Meanchey has been resolved for most parties involved by the intervention of two RCAF generals, but critics contend the more than 2,400 hectare-giveaway is a ploy to influence upcoming elections. Generals Kun Kim and Chea Tara yesterday granted 1.5 ...
PPWSA closes higher after a week down
For the first time in weeks, Phnom Penh Water Supply Authority yesterday closed up 4.35 per cent, a sign the stock was stablising after a rough opening, insiders said. After an eight-day price decline, PPWSA – the sole listed company on the Cambodia Securities Exchange – ...
http://www.phnompenhpost.com/index.php/2012050956046/Business/follow-up-ipos-still-on-track.html
Millions Threatened by Dam in Stung Treng
More studies should be conducted on the controversial Lower Sesan 2 dam in Stung Treng province in order to understand its potential social and environmental effects, Conservation International (C.I.) said in a statement. The Lower Sesan 2-as well as other dams planned for the Sesan, Srepok ...
Union boss to appeal $25k bail
Union leader Ath Thorn has been granted an Appeal Court appearance on July 1, in which he will argue against conditions that required him to pay $25,000 bail over an ongoing court case. The Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU) president is due to ...
Sean Teehan
http://www.phnompenhpost.com/national/union-boss-appeal-25k-bail
Clean water in pipeline for Kep
The Phnom Penh Water Supply Authority (PPWSA) will invest $1.3 million in a water treatment plant in Kep province to supply clean water to more than 1,000 households there, the company’s head said last week. Speaking at the announcement of PPWSA’s 2013 results in Phnom Penh ...
Hor Kimsay
http://www.phnompenhpost.com/business/clean-water-pipeline-kep
Former Mfone employees demand severance pay
About 30 former employees of now-defunct mobile operator Mfone protested Tuesday outside the office of the company’s liquidator, demanding pay promised to them and more than 1,000 other employees after the operator collapsed last year. Mr. Darin said he was paid 70 percent of his ...
Aun Pheap
http://www.cambodiadaily.com/business/former-mfone-employees-demand-severance-pay-60454/
Cambodia welcomes Chinese premier's pledge of over 3 bln USD aid to GMS countries
A senior official of the Cambodian government on Saturday welcomed Chinese Premier Li Keqiang’s pledge of 3.09 billion U.S. dollars aid to the Greater Mekong Subregion (GMS) member countries, saying the offer is essential for socio-economic development and poverty reduction. The offer includes 1 billion ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-12/20/c_133868594.htm
Taiwan's 2015 overseas property investments likely to grow sharply
Taiwan’s outbound property investments are likely to increase significantly in 2015 amid growing interest in overseas markets and a slowdown in the domestic market, an investment consulting firm in Taipei said Saturday. Taiwan’s property investors are also looking at opportunities in emerging markets, including Vietnam ...
The China Post News Staff
http://www.chinapost.com.tw/taiwan/national/national-news/2015/02/23/429470/Taiwans-2015.htm
Concern as Omicron variant cases rise in neighbouring countries
The Ministry of Health has alerted people to be vigilant and continue to practise preventive measures followed for COVID-19, as transmission from a new sub- variant, Omicron XBB.1.5, are increasing in neighbouring countries. ...
Tith Kongnov
https://www.khmertimeskh.com/501298252/concern-as-omicron-variant-cases-rise-in-neighbouring-countries/
PM’s six pointers to enhance modernisation, quality of healthcare in Cambodia
Cambodian Prime Minister Hun Manet has made six key recommendations to the Ministry of Health, doctors, and health workers in Cambodia to improve the quality of healthcare services. ...
Khmer Times Staff
https://www.khmertimeskh.com/501560698/pms-six-pointers-to-enhance-modernisation-quality-of-healthcare-in-cambodia/
The Week at the CSX - Sept 6-12, 2012
The price of Phnom Penh Water Supply Authority stock over the Sept 6-12 period fluctuated between KHR 6,350 (US $1.57 and KHR 6,300 (US $1.55). The price on Sept. 6, KHR 6,350 fell to KHR 6,300 (US $1.58) on Sept 7 and remained there ...
Investment on the rise nationwide
The dollar figure on government-approved investments in construction for the first eight months of the year increased by 92 per cent compared to the same period in 2010, according to official statistics. The Ministry of Land Management, Urban Planning and Construction approved 1,470 construction projects worth ...
http://www.phnompenhpost.com/index.php/2011100651979/Business/investment-on-the-rise-nationwide.html
Trade with China to hit $2 billion this year
Bilateral trade between China and Cambodia is on track to reach $2 billion by the end of this year, its highest level ever, an official at the Chinese Embassy in Phnom Penh said. Jin Yuan, economic and commercial counselor at the Chinese Embassy, said during a ...
Cambodia’s beer market growing more crowded
The Kingdom’s latest brewery is set to launch on November 1, introducing a new player into the growing Cambodian beer market, insiders said yesterday. The Khmer Brewery plant, a US$60 million joint venture between locally based Chip Mong Group and major international brewery manufacturer Ziemann Group, ...