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World Bank talks about economic recovery and investments in education

World Bank Regional Vice President for East Asia and Pacific Manuela V. Ferro appreciated Cambodia’s effective COVID-19 response and encouraged the country to boost investments in education while jump starting economic recovery during her country visit between March 13 and 17. ...

Khmer Times Staff
https://www.khmertimeskh.com/501046003/world-bank-talks-about-economic-recovery-and-investments-in-education/

25% jump in ‘newly poor’ in 10 months during Covid-19

The number of people classified as poor has gone up by 25 percent in the 10 months from June 2020 to April 2021 in Cambodia due to income decline and job losses following the spread of Covid-19, said a survey by the Asia Foundation. ...

Manoj Mathew
https://www.khmertimeskh.com/501146871/25-jump-in-newly-poor-in-10-months-during-covid-19/

Dams and climate change choke the Mekong: livelihoods and ecosystems are at stake

The Mekong River, a lifeline for millions in Southeast Asia, is facing an ecological crisis. Unpredictable water levels, declining fish stocks, and the disappearance of the iconic Irrawaddy dolphin threaten the livelihoods and traditions of communities along the river. ...

Sovann Sreypich
https://cambojanews.com/dams-and-climate-change-choke-the-mekong-livelihoods-and-ecosystems-are-at-atake/

The National Bank of Cambodia reviews measures of housing prices​

The Asian Development Bank forecast last month that Cambodia would have one of the lowest inflation rates in Southeast Asia this year if global fuel prices remain stable.​ ...

AKP
https://www.khmertimeskh.com/501490347/the-national-bank-of-cambodia-reviews-measures-of-housing-prices/

Government calls for PM ‘fake news’ correction

The Cambodian government on Friday strongly urged Singaporean outlet Channel News Asia (CNA) to issue a correction to an article it published on Thursday, claiming Prime Minister Hun Sen had called on the military to destroy the country’s political opponents. The statement, issued by the ...

Mech Dara and Voun Dara
https://www.phnompenhpost.com/national/government-calls-pm-fake-news-correction

UDG denies links to naval base

The vice president of China’s Union Development Group has dismissed reports that it is involved in the construction of a Chinese naval base in Koh Kong province. A report published by Asia Times last month said that China has been lobbying the Cambodian government since ...

Taing Vida
https://www.khmertimeskh.com/50564717/udg-denies-links-to-naval-base/

PTT offers $960 mln to buy out Sakari to increase coal assets

Thailand’s top energy company, has offered to buy out Singapore-listed Sakari Resources Ltd for $960 million as the oil and gas firm expands into coal to meet rising regional demand for the fuel On Aug. 13, Sakari announced a joint venture with the Royal Group of ...

http://www.reuters.com/article/2012/08/27/sakari-ptt-idUSL3E8JR02420120827

Cambodian deputy PM meets with two UN senior officials on ties

Cambodian deputy Prime Minister and Foreign Minister Hor Namhong on Tuesday met with two United Nations senior officials to discuss relations and cooperation between Cambodia and UN on social and economic development and human rights.     The two officials are Haoliang Xu, assistant to the UN secretary ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=215511

US seeking stronger ties with Cambodia

A senior U.S. diplomat says the country is looking to strengthen ties with Cambodia following an end to the nation’s yearlong political stalemate. Scot Marciel, the State Department’s leading diplomat for Southeast Asia, told VOA Khmer in an interview Wednesday that Washington wants to have a ...

Kong Sothanarith
http://www.voanews.com/content/us-seeing-stronger-ties-with-cambodia/2431443.html

Ministry of Justice conducts a meeting on “Expedition of Procedure of Money Laundering Cases”

The Ministry of Justice conducted on a meeting on “Expedition of Procedure of Money Laundering Cases” under the presidency by Koeut Rith, Minister of Justice and the President of the Ad-Hoc Sub-Committee for the Implementation of Action Plans of the Joint Group of Asia/Pacific Group ...

Khmer Times Staff
https://www.khmertimeskh.com/501104953/ministry-of-justice-conducts-a-meeting-on-expedition-of-procedure-of-money-laundering-cases/

IMF says Cambodia’s inflation to be stable at 2.3 percent in 2024

Cambodia’s inflation will remain stable this year at 2.3 percent, marginally up from 2.1 percent for 2023, generally in line with other parts of Asia and the Pacific, said the IMF Regional Economic Outlook April 2024. ...

Manoj Mathew
https://www.khmertimeskh.com/501483848/imf-says-cambodias-inflation-to-be-stable-at-2-3-percent-in-2024/

Bank of Tokyo opens Phnom Penh office

Japan’s second-largest bank, Bank of Tokyo-Mitsubishi UFJ, officially opened a representative office in Phnom Penh on Friday. The office would serve as an information centre for potential investors and hoped to attract more Japanese companies, Masato Miyachi, general manager of the bank’s Asia and China division, ...

http://www.phnompenhpost.com/index.php/2012022054611/Business/bank-of-tokyo-opens-phnom-penh-office.html

Fashionistas Plan Extravanganza in Cambodia

2,000 some fashionistas from around Asia will descend on Phnom Penh in October for 10 days during the country’s first fashion event, costing an estimated $1 million. According to Sophy Ke, president of the Cambodia Fashion Council, Cambodia Fashion Week is intended to increase domestic ...

Cambodia's lifeline threatened as Mekong recedes to historic low

As world leaders meet in New York from Monday to discuss the global challenge of climate change, thousands of kilometres away people in Cambodia are grappling with dramatic changes to the country’s ecosystem, including the lowest water levels in the crucially-important Mekong River ever recorded. The United Nations ...

Andrew Nachemson
https://www.aljazeera.com/news/2019/09/cambodia-lifeline-threatened-mekong-recedes-historic-190920072518567.html

Singaporean company plans to build smart city in Cambodia

Limestone Network, a Singaporean startup, is planning to build a smart city in the heart of Phnom Penh. International startup media platforms reported this week that Limestone Network is seeking to transform the face of Southeast Asia by building smart cities powered by blockchain technology. Limestone ...

Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50634713/singaporean-company-plans-to-build-smart-city-in-cambodia/

Cambodia feared lagging behind predators in cybersex trafficking crackdown

U.S. and Australian crime fighters are preparing Cambodia for a spike in online child sex abuse cases but local officials fear that predators are a step ahead of police due to narrow laws.​​​​ The spread of cheap, high-speed internet and the rise in mobile phone ...

Matt Blomberg
https://www.reuters.com/article/us-cambodia-sexcrimes-children/cambodia-feared-lagging-behind-predators-in-cybersex-trafficking-crackdown-idUSKCN1VW00B

Japanese firm acquires stake at upcoming Pursat hydropower plant

Japanese power firm eRex Co Ltd announced last week its involvement in the construction and management of an 80-megawatt hydropower plant in Pursat province. The Tokyo-based company plans to invest $23.5 million to secure a 34 percent stake in the project, with Asia Energy Power Co. ...

Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50655887/oil-exploration-in-kompong-som-basin-off-to-a-promising-start/

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