Cambodian garment export earns 5.53 bln USD in 2013
Garment industry, Cambodia’s largest foreign currency earner, reported a 20 percent rise in exports last year, according to the figures of the Ministry of Commerce on Monday. The Southeast Asian nation exported apparel products in equivalent to 5.53 billion U.S. dollars last year, up 20 percent ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-01/27/c_133078498.htm
Cambodia needs more investments and global integration – Moody's
Cambodia needs increased investments, and for that, deeper regional as well as global integration is crucial, Moody’s Investors Service has said. The B2 sovereign bond rating is constrained by the small size of the economy, low per capita income and high level of dollarization while robust ...
Boby Michael
http://www.ibtimes.co.uk/cambodia-needs-more-investments-global-integration-moodys-1467675
Cambodian parliament panel chief questions management of Angkor Wat revenue
A parliamentary commission leader wants Cambodia’s tourism ministry to manage revenue generated by the country’s iconic Angkor Wat temple complex, amid concerns that the government is losing money by retaining a private company to oversee ticket sales. A quasi-government group, Apsara Authority, which is responsible ...
Roseanne Gerin
http://www.rfa.org/english/news/cambodia/angkor-wat-11192014172942.html
Hun Sen wants foreign money to invest in agro-processing
Cambodia’s Prime Minister is calling for more investments on agriculture processing and technology industry in the Kingdom. Speaking at a graduation ceremony yesterday, Mr Hun Sen said that more than 2 million hectares of paddy were harvested among the 2.7 million hectares of cultivated land ...
Sok Chan
https://www.khmertimeskh.com/50674133/hun-sen-wants-foreign-money-to-invest-in-agro-processing
Small growth for Phnom Penh's water utility
Phnom Penh Water Supply Authority saw 8.2 per cent revenue growth during the first quarter of the year, a welcomed disclosure after the retirement of the state-owned firm’s general director was announced last week. The firm took in US$7,725,500 between January and March, up from $7,140,473 ...
http://www.phnompenhpost.com/index.php/2012070357153/Business/small-growth-for-ppwsa.html
Official launch ceremony of the Business Registration System on Information Technology Platform Phase II
On 25 August 2021, the Ministry of Economy and Finance issued a press release on the official launch ceremony of the Business Registration System on Information Technology Platform (OBR) Phase 2. The OBR Phase 2 is a sharp reform package of Samdech Akka Moha Sena ...
Ministry of Economy and Finance
Iron and steel
Although Cambodia is believed to have iron ore resources and a number of exploration licenses have been granted, no significant finds have been reported. There is no commercial mining of iron ore in the country. While ambitious plans for mining and steel plants have been ...
Hun Sen OKs Large Amount of State Land to be Privatized
Prime Minister Hun Sen has officially allowed the privatization of 2,580 square meters of state owned land. 646 square meters of the land are in Phnom Penh. The sub-decree means that the land is closer to being eligible for development and sale. ...
NGO urges Cambodia’s Interior Ministry to intervene in eviction of Vietnamese from Tonle Sap Lake
A nongovernmental organization in Cambodia called on the country’s Interior Ministry to intervene in the eviction of more than 2,000 ethnic Vietnamese living on the Tonle Sap Lake, saying land demarcated for their relocation lacks the infrastructure necessary to support them. ...
Joshua Lipes
https://www.rfa.org/english/news/cambodia/vietnamese-11142018160710.html
Cambodian opposition senator's trial postponed indefinitely
Cambodia’s Phnom Penh Municipal Court has indefinitely postponed the trial on charges of “forgery and incitement” of jailed opposition senator Hong Sok Hour, adjourning again on Wednesday after proceedings resumed following an earlier postponement on Oct. 2. ...
Morm Moniroth
http://www.rfa.org/english/news/cambodia/postponed-10072015155917.html
Economic zone gets CSX boost
Thailand-based JWD Infologistics Plc’s recent purchase of a 5.2 percent stake in the Phnom Penh Special Economic Zone Plc (PPSEZ), is expected to give a boost to the local company’s traded share value on the Cambodia Securities Exchange (CSX). ...
Sum Manet
http://www.khmertimeskh.com/news/26106/economic-zone-gets-csx-boost/
Vietnamese move might hinder logging in Kingdom
Vietnamese Prime Minister Nguyen Xuan Phuc on Monday called for the closure of 2.25 million hectares of natural forest in the country’s Central Highlands as well as the shuttering of wood processing facilities across the country, regional news outlets reported. ...
Donna M Airoldi
http://www.phnompenhpost.com/national/vietnamese-move-might-hinder-logging-kingdom
Children in need of free healthcare
A majority of the more than 2,500 children hospitalized by illnesses in the Kantha Bopha hospital network between Sunday and yesterday were critically poor and could not survive without free treatment, Kantha Bopha hospital founder and head Dr. Beat Richner said. ...
San Bunsim
http://www.khmertimeskh.com/news/27424/children-in-need-of-free-healthcare/
Cambodia, Vietnam to build market on border
The Vietnamese government yesterday agreed in principle to provide a grant of $2 million to Cambodia to build a model market aimed at boosting cross-border trade between the two countries, officials at Cambodia’s Ministry of Commerce said. ...
Hor Kimsay
http://www.phnompenhpost.com/business/cambodia-vietnam-build-market-border
Gendarmerie to get 300 new trainees
The National Gendarmerie announced it will recruit 300 students for its upcoming training class of deputy gendarmerie officers, with entrance exam application forms to be available from May 16 to June 2 at the 25 gendarmerie headquarters nationwide. ...
May Titthara
http://www.khmertimeskh.com/news/24977/gendarmerie--to-get-300--new-trainees/
Gaming firm cashes out of NagaWorld deal
Pan-Asian gaming company Entertainment Gaming Asia Inc (EGA) will sell 670 of its electronic gaming machine (EGM) seats placed at NagaWorld casino in Phnom Penh to an unnamed Cambodian firm for $2.5 million, the Nasdaq-listed company announced on Wednesday. ...
Cam McGrath
http://www.phnompenhpost.com/business/gaming-firm-cashes-out-nagaworld-deal
Bilateral trade with China jumps to $4.8 billion
Trade between China and Cambodia swelled to $4.8 billion last year, up by about $200 million from the year before, while Beijing has now given the government $4.2 billion in grants and loans, Prime Minister Hun Sen said on Tuesday. ...
Kuch Naren and Ben Paviour
https://www.cambodiadaily.com/news/bilateral-trade-with-china-jumps-to-4-8-billion-127916/
New coal-fired plant billed at $600 million
Malaysian-owned energy firm Cambodian Energy II Co Ltd (CEL2) will invest a total of $600 million into building its 150-megawatt coal-fired power plant near Sihanoukville, which is set to become the Kingdom’s third coal-fired power station. ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/new-coal-fired-plant-billed-600-million
Flooded mangrove forest filled in with sand from illegal dredging
At least 2 hectares of flooded mangrove forest in Koh Kong’s Peam Krasaop Wildlife Sanctuary have been filled in with sand from illegal dredging nearby, with local authorities and an NGO yesterday claiming an unidentified “powerful” tycoon was behind the environmental crimes. ...
Phak Seangly
http://www.phnompenhpost.com/national/flooded-mangrove-forest-filled-sand-illegal-dredging
Government’s efforts to decentralise continue
In the past two decades, the government has transferred about $2 billion to lower level administrations in an effort to decentralize.The figure was revealed yesterday during the first day of a two-day conference on decentralization on Koh Pich. ...
Khy Sovuthy
http://www.khmertimeskh.com/50109838/governments-efforts-decentralise-continue/