PPWSA settles on IPO price
A price has been set for Phnom Penh Water supply Authority’s initial public offering, according to the securities and Exchange Commission of Cambodia, after what was reported to be a significantly oversubscribed book-building process. PPWsA will sell for 6,300 riel, or Us$1.57, a share, putting the ss='cambodia-color'>...
http://www.phnompenhpost.com/index.php/2012032755267/Business/ppwsa-settles-on-ipo-price.html
FAO gives policy recommendations in response to dire farming warning
The United Nations Food and Agriculture Organisation (FAO) has said the country’s economically crucial agriculture sector must implement a raft of new measures to combat escalating natural disasters that are threatening Cambodian crops and livestock. ss='cambodia-color'>...
Harrison White
https://www.khmertimeskh.com/50730610/fao-gives-policy-recommendations-in-response-to-dire-farming-warning/
Cambodia-China joint COVID-19 fight an outstanding model of cooperation
Cambodia and China’s joint COVID-19 fight is an outstanding model of cooperation and a positive step towards building a global community of shared future, said a Cambodian ruling party spokesman. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/50714938/cambodia-china-joint-covid-19-fight-an-outstanding-model-of-cooperation/
Sweden, UNDP contribute toward a greener Cambodia
The SwediSh government and United Nation Develo- pment Programme yeSterday co-Signed a new contribution agreement of $3.34 million to Support Cambodia Climate Change Alliance&rSquo;S PhaSe 3 initiative from 2020 to 2022. &nbSp; SS='cambodia-color'>...
Pech Sotheary
https://www.khmertimeskh.com/50716389/sweden-undp-contribute-toward-a-greener-cambodia/
Factory furloughs nearly 2,000 workers amid coronavirus
Nearly 2,000 garment workers are now in limbo after their employer You Li International Garment Co Ltd in svay Rieng province’s Bavet city announced a suspension of operations as clothing orders dry up amid the coronavirus pandemic. ss='cambodia-color'>...
Sen David
https://www.khmertimeskh.com/50720608/factory-furloughs-nearly-2000-workers-amid-coronavirus/
Equipment sale ordered to pay wages
The Phnom Penh Municipal Court has issued a warrant for the temporary seizure of Top World Garment Cambodia Ltd’s property in order to get the employer to appear and find a solution for workers still owed their December salaries. ss='cambodia-color'>...
Sen David
http://www.phnompenhpost.com/national/equipment-sale-ordered-pay-wages
Tycoon and ex-vice governor charged over land grab
Phnom Penh Municipal Court today charged and detained a former vice-governor of Battambang province and a property Tycoon accused of bribery and embezzlement over grabbing nearly 5,000 hectares of state land in Battambang Province’s Kuos Kralor district. ss='cambodia-color'>...
Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50742353/tycoon-and-ex-vice-governor-charged-over-land-grab/
Charcoal kilns destroyed
Kampong Speu police and the NGO ACNCIPO on Monday deStroyed 117 illegal charcoal kilnS in Oral diStrict&rSquo;S TaSal commune. The ownerS were required to Sign a contract promiSing to Stop the activitieS, which are taking place in the Phnom Oral Wildlife Sanctuary. SS='cambodia-color'>...
Soth Koemsoeun
https://www.phnompenhpost.com/national/charcoal-kilns-destroyed
Governor requested to reclaim land in Kampong Speu
A prominent environmental watchdog head has sent a letter to Kampong speu provincial governor Vei samnang requesting he reclaim 1,500ha that was encroached on in Oral district’s Tasal commune as state property. ss='cambodia-color'>...
Soth Koemsoeun
https://www.phnompenhpost.com/national/governor-requested-reclaim-land-kampong-speu
Microfinance ‘bad loans’ fall to 2.27% in October
The microfinance sector’s nonperforming loan (NPL) ratio decreased from 2.56 percent in september to 2.27 percent in October after rising from 1.33 percent in January and peaking in May at 2.61 percent. ss='cambodia-color'>...
Harrison White
https://www.khmertimeskh.com/50788275/microfinance-bad-loans-fall-to-2-27-in-october/
Cassava prices increase as harvest starts
From November this year, the cassava harvest season starts in some provinces while the price of cassava reportedly saw an increase compared to that of last year, as this year’s yield is projected to be lower due to flash floods. ss='cambodia-color'>...
Chea Vannak/AKP
https://www.khmertimeskh.com/50783945/cassava-prices-increase-as-harvest-starts/
Cambodia ensures food security and rice exports
The beginning of this season’s rice harvest has been slower than in 2019. This has been brought about by drought causing slower seed-planting, resulting in some farmers having to replant and harvest has now been extended into December. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/50758818/cambodia-ensures-food-security-and-rice-exports/
‘Endangered’ monkeys found in Mondulkiri
The Wildlife Conservation society (WCs) revealed on Tuesday the discovery of over 20,000 endangered black-shanked douc langurs and about 1,200 endangered yellow-cheeked crested gibbons in Cambodia, mostly in Mondulkiri province’s Keo seima Wildlife sanctuary. ss='cambodia-color'>...
Voun Dara
https://www.phnompenhpost.com/national/endangered-monkeys-found-mondulkiri
Sihanoukville Special Economic Zone —to Build an International Zone with the Concept of “Win-win”
Data from Cambodia’s custom and excise department shows that from January to August this year, the total number of containers arriving and leaving the sihanoukville special Economic Zone (ssEZ) increased by 22.1% compared with the same period last year. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/50767842/sihanoukville-special-economic-zone-to-build-an-international-zone-with-the-concept-of-win-win/
‘Uncertainty’ remains over economic outlook
The World Bank has forecast a sharp contraction of negative two percent for the local economy this year, adding that Cambodia’s unfavourable growth outlook alongside disruptions to jobs and lower household incomes means poverty is likely to increase. ss='cambodia-color'>...
Harrison White
https://www.khmertimeskh.com/50767885/uncertainty-remains-over-economic-outlook/
Hunt for military captain in Kampong Speu timber crime case
Kampong Speu provincial authoritieS are on the hunt for Choeung Theng, a military officer allegedly connected to 191 pieceS of illegally acquired timber which police found concealed in Oral diStrict&rSquo;S Sangke Satoap commune. SS='cambodia-color'>...
Soth Koemsoeun
https://www.phnompenhpost.com/national/hunt-military-captain-kampong-speu-timber-crime-case
Mekong is at historical lows
The Mekong is once again at historical lows. The Mekong River Commission (MRC) gauge at Phnom Penh Port shows river level to be four metres below average for this time of year – and lower than last year’s record. ss='cambodia-color'>...
Mark Hughes
https://www.khmertimeskh.com/50748811/mekong-is-at-historical-lows/
Red corn prices tumble as growers switch to cassava
The wholesale price of fresh red corn in northwestern Battambang province dipped more than seven per cent from the year-ago period as this year’s first harvest reached 30 per cent completion, provincial Department of Commerce director Kim Hout said. ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/red-corn-prices-tumble-growers-switch-cassava
Policymakers push new laws to attract more foreign investment
Local policymakers are driving Cambodia’s regional geography, young population and low labour costs to attract more foreign direct investment (FDI) as the Kingdom releases its new five-year development plan for the garment industry. ss='cambodia-color'>...
Sorn Sarath
https://www.khmertimeskh.com/50751156/policymakers-push-new-laws-to-attract-more-foreign-investment/
Battambang teachers use makeshift classrooms to tutor students
In late May, school teachers in Battambang’s samlout district realized students were struggling to cope with studying at home – either via videos posted on social media or the daily telecasts on state broadcaster TVK. ss='cambodia-color'>...
Sokummono Khan and Hean Socheata
https://www.voacambodia.com/a/battambang-teachers-use-makeshift-classrooms-to-tutor-students/5528681.html