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Bank of China launches dual currency ATM card

The Bank of China launched the first dual currency international bank card yesterday, part of a move to expand in the local market by offering both US dollar and Renminbi accounts on a single card. People can get the card for a deposit of US$10 at ...

http://www.phnompenhpost.com/index.php/2012111959801/Business/bank-of-china-launches-dual-currency-atm-card.html

China’s appetite for rubber increasing

Natural rubber consumption in China, Cambodia’s largest rubber market, is expected to rise by 7.2 per cent in 2013 after growing by 4.5 per cent last year, according to the Singapore-based International Rubber Study Group (IRSG). Demand in North America was expected to grow 4.2 per ...

http://www.phnompenhpost.com/2013012460966/Business/china-s-appetite-for-rubber-increasing.html

Conservation Efforts Boost Crab Production

Improved quality coupled with growing international demand has sent crab prices escalating over the past year, officials said on Wednesday. In some provinces, the price has jumped as much as 66 percent during the past 12 months. Lang Kery, chief of the Koh Kong provincial Fishery Administration’s ...

Cambodia Posts 29 pct Rise In Large-Scale Factories Last Year

The number of large-scale factories in Cambodia has increased by 29 percent to 907 in 2012, Minister of Industry, Mine and Energy Suy Sen said Thursday. Those large-scale enterprises employed 559,600 employees last year, a 38 percent increase from 403,560 a year earlier, he said ...

http://www.asean-china-center.org/english/2013-03/28/c_132269109.htm

R’kiri minorities say land’s sale improper

Fifty Tampuon ethnic minority families protested yesterday in front of the Soeung Commune Hall in Bakeo district against their commune chief, who they allege sold land that belonged to the Ratanakkiri community. In a complaint filed to rights group Adhoc yesterday, the families claim that commune ...

http://www.phnompenhpost.com/2013031962012/National/r-kiri-minorities-say-land-s-sale-improper.html

Delay Sesan dam: villagers

Villagers who will be displaced if the controversial Lower Sesan II dam is built called on the developers yesterday to postpone construction for five years, allowing time for a comprehensive resettlement scheme to be devised. But a government official dismissed their request as “beyond the pale”, ...

Phak Seangly and Daniel Pye
http://www.phnompenhpost.com/national/delay-sesan-dam-villagers

Questions over spending plan

The Council of Ministers on Friday approved a new five-year National Strategic Development Plan (NSDP) – the guiding policy document used by the government – requiring an estimated $26.58 billion in spending and investment, or more than $5.3 billion a year, until 2018. The plan ...

May Kunmakara and Kevin Ponniah
http://www.phnompenhpost.com/national/questions-over-spending-plan

Cambodia hosts int'l half marathon at Angkor world heritage site

About 8,000 professional and amateur athletes from 78 countries and regions took part in the 19th Angkor Wat International Half Marathon on Sunday at the complex of Angkor Wat Temple, a world heritage site. Cambodian Tourism Minister Thong Khon, president of the National Olympic Committee, said ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/sports/2014-12/07/c_133837828.htm

Hu wants Cambodia help on China Sea dispute, pledges aid

Chinese President Hu Jintao asked close economically Cambodia on Saturday not to push talks on the vexed issue of the South China Sea “too fast” as he pledged to double bilateral trade to $5 billion and announced fresh aid to the impoverished country. Cambodia holds the ...

http://www.reuters.com/article/2012/03/31/us-cambodia-china-idUSBRE82U04Y20120331

Norway continues to support demining activities in Cambodia

The Government of Norway through Norwegian People’s Aid (NPA) confirmed its commitment to continue supporting Cambodia’s mine clearance efforts by providing $5 million for the next four years. ...

Khmer Times Staff
https://www.khmertimeskh.com/50730943/norway-continues-to-support-demining-activities-in-cambodia/

Anti-Corruption Unit probes oknha over land case in Battambang

Oknha Sorng Thorn, the owner of 5,000ha which covers a fourth of Koas Krala district in Battambang province, was taken in for questioning by the Anti-Corruption Unit (ACU) on Saturday in regards to corruption allegations. ...

Long Kimmarita
https://www.phnompenhpost.com/national/anti-corruption-unit-probes-oknha-over-land-case-battambang

Passenger traffic slides down 67 percent while development of new airports boom

Cambodia’s three international airports handled 1.9 million air passengers in the first six months of this year, a 67.5 percent decrease from 6 million air passengers last year.​ ...

Chea Vannak /AKP
https://www.khmertimeskh.com/50747225/passenger-traffic-slides-down-67-percent-while-development-of-new-airports-boom/

Sinovac vaccine rollout begins today to jab 745,000 people

The Ministry of Health yesterday announced that it will start vaccinating people in Cambodia with the Sinovac vaccine from today after 1.5 million doses  purchased by the government arrived in Cambodia from China on Friday. ...

Tith Kongnov
https://www.khmertimeskh.com/50832702/sinovac-vaccine-rollout-begins-today-to-jab-745000-people/

More unemployment benefits on the way for garment and tourism sectors

The Ministry of Labour and Vocational Training has announced the provision of the 60th round of unemployment benefits for over 5,000 workers in the garment and tourist sectors affected by the pandemic. ...

Lay Samean
https://www.phnompenhpost.com/national/more-unemployment-benefits-way-garment-and-tourism-sectors

Exports of crude palm oil up 36% in Jan-May

Cambodia exported 19,916 tonnes of crude palm oil in the first five months of 2021, an increase of 5,246 tonnes or 35.76 per cent compared to the same period last year, according to data from the Ministry of Agriculture, Forestry and Fisheries. ...

Thou Vireak
https://www.phnompenhpost.com/business/exports-crude-palm-oil-36-jan-may

Remittances fall 17% to $1.2B in 2020: NBC data

Cambodia received $1.2 billion in remittances from migrant workers abroad last year, marking a sharp 17 per cent drop from $1.5 billion in 2019, the National Bank of Cambodia reported. ...

May Kunmakara
https://www.phnompenhpost.com/business/remittances-fall-17-12b-2020-nbc-data

White shoulder ibis census 2021 to begin in July

A group of Cambodian NGOs in the field of natural and wild animal protection will conduct a 2021 census of white shoulder ibis from July until October. ...

Sar Socheath
https://www.khmertimeskh.com/50884602/white-shoulder-ibis-census-2021-to-begin-in-july/

Cambodia’s economic growth forecast downgraded as COVID-19 cases rise

The UK-based Fitch Ratings credit rating agency has downgraded Cambodia’s economic outlook below the World Bank’s baseline forecast of 4 percent GDP growth for 2021 as the country continues to struggle with the economic shock of the COVID-19 pandemic.   ...

Sorn Sarath
https://cambojanews.com/cambodias-economic-growth-forecast-downgraded-as-covid-19-cases-rise/

World Vision helps more than 540,000 children during pandemic

More than 540,000 children benefitted from food security and learning materials programmes during the Covid-19 outbreak, World Vision Cambodia announced yesterday. ...

Sen David
https://www.khmertimeskh.com/50885422/world-vision-helps-more-than-540000-children-during-pandemic/

Training to hone workforce’s skill

For the Cambodian workforce to emerge stronger amidst the ongoing Covid-19 crisis, UNESCO has called for accelerated investments in the lifelong learning efforts to enable them to “skill, re-skill, and up-skill” to maintain the Kingdom’s impressive economic growth.   ...

Sar Socheath
https://www.khmertimeskh.com/50896638/training-to-hone-workforces-skill/

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