Ministry fires back over EU resolution
A week after the European Parliament issued a damning resolution on Cambodia’s human-rights situation and called for a revoking of trade privileges, the Ministry of Foreign Affairs has shot back. “It is essential for the EU parliament to study and better understand the situation before passing ...
Costs outweigh the benefits of foreign direct investment: FAO
Cambodia has been featured as a case study in a new report launched by the Food and Agriculture Organization of the United Nations (FAO) focusing on the effect of foreign direct investment (Fdi) in developing nations’ agricultural sectors. While the report acknowledges the positive effects ...
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 ...
IPU Finds Assembly Has Little Loans Oversight
Cambodia’s National Assembly is lacking, compared to other countries’ parliaments, in the oversight it exercises over new loans taken out by the government from international financial institutions, according to a new report. The study, published Tuesday by Geneva-based Inter-Parliamentary Union (IPU) and the World Bank, found ...
http://www.cambodiadaily.com/business/ipu-finds-assembly-has-little-loans-oversight-36432/
Little spark for electric motos
Battery-powered scooters are capturing an increasing share of the Asia Pacific’s two-wheeled transport market, according to a recent study, but scooter retailers in Phnom Penh yesterday said Cambodians still opt for the petrol-burning version. By 2018, about 65.5 million electric scooters worth some US$382 million will ...
http://www.phnompenhpost.com/index.php/2012050756009/Business/little-spark-for-electric-motos.html
Australia to support piped water supply
The Australian government will support Cambodia’s effort to provide piped clean water to rural areas as its Provincial Investment Plan study revealed that less than 50 per cent of villages in the country were connected to piped water in 2020. ...
Long Kimmarita
https://www.phnompenhpost.com/national/australia-support-piped-water-supply
Research: Underwater tourism overflowing with opportunities
An ocean of exciting blue investment opportunities is just waiting to be uncovered along the Kingdom’s costal areas, a brief study conducted by the Ministry of Tourism’s General Department of Tourism Industry indicated. ...
Thou Vireak
https://www.phnompenhpost.com/business/research-underwater-tourism-overflowing-opportunities
WHO warns of Omicron overload as Cambodia’s cases increase to 33 since December 14
The WHO warned Tuesday that the Omicron coronavirus variant could lead to overwhelmed healthcare systems even though early studies suggest it leads to milder disease, as China and Germany brought back tough restrictions to stamp out new infection surges and Cambodia’s Omicron infections jumped to ...
Khmer Times Staff
https://www.khmertimeskh.com/50996924/who-warns-of-omicron-overload-as-cambodias-cases-increase-to-33-since-december-14/
World Bank commits $60 million for five waste management sites
Several ministries and the World Bank have been studying plans for a project to improve solid and plastic waste management in the towns and districts of five provinces. ...
Nov Sivutha
https://www.phnompenhpost.com/national/world-bank-commits-60-million-five-waste-management-sites
Ministry urges on-the-job skill training for journalists
A senior Ministry of Information official urged journalists to take advantage of the information age by continuing to study and improve their skills. In depth, up-to-date knowledge is required to provide comprehensive information to the public, he said. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/ministry-urges-job-skill-training-journalists
Malaysia will now reopen; embassy calls for vigilance
The Cambodian embassy in Malaysia on March 9 issued a notice to Cambodian people, students and workers who are staying, studying and working there that the country was set to reopen. ...
Mom Kunthear
https://www.phnompenhpost.com/national/malaysia-will-now-reopen-embassy-calls-vigilance
Education minister issues order limiting cellphone use in classes
Minister of Education, Youth and Sport Hang Chuon Naron has issued a directive barring students from using phones or electronic devices in classrooms or during study hours without the permission of teachers. ...
Post Staff
https://www.phnompenhpost.com/national/education-minister-issues-order-limiting-cellphone-use-classes
Gold Mining Reporting Must Be More Open: NGOs
On Dec. 20, the Fair Finance Coalition, the NGO Forum on Cambodia (NGOF), and Oxfam in Cambodia issued studies on gold mining businesses at six locations in Preah Vihear, Ratanakiri and Mondulkiri provinces. ...
Lay Sopheavotey
https://cambodianess.com/article/gold-mining-reporting-must-be-more-open-ngos
‘Fintech playing key role in financial inclusion efforts’
The fintech sector is playing a major role in the financial inclusion efforts pioneered by the National Bank of Cambodia (NBC), Governor Dr Chea Serey said while delivering the keynote address at the CamTech Summit 2023 yesterday at the Centre for Banking Studies. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501399932/fintech-playing-key-role-in-financial-inclusion-efforts/
PPWSA sets an IPO date
Phnom Penh Water Supply Authority aimed to raise US$20.4 million in a long-awaited initial public offering scheduled for mid-April, the company said yesterday during its first pitch to investors. “We’ve targeted trading for the 18th of April,” said Han Kyung-tae, managing director of Tong Yang ...
Cambodian water utility to price IPO on 18 April
Phnom Penh Water Supply Authority is gearing up to price an initial public offering of up to $24 million on 18 April, making it the first stock to be traded on Cambodia’s fledgling stock exchange. Huy Vatharo, an executive director at underwriter Tong Yang Securities, ...
http://www.globalwaterintel.com/news/2012/9/cambodias-water-utility-price-ipo-18-april.html
Two dollar strike to continue
Angkor Beer promoters yesterday rejected an offer from the municipality that would have required them to suspend their strike while officials negotiated a solution for them, telling Phnom Penh’s deputy governor that their protest is legal and that their employer is breaking the law. More ...
Spirited reopening for Anful
Workers at a garment factory that was temporarily shut after more than 200 women collapsed in two mass fainting incidents last week gathered yesterday at the facility in Kampong Speu province for a Buddhist ceremony intended to rid the factory of evil spirits. Pheng Songoun, a ...
http://www.phnompenhpost.com/index.php/2011110152461/National-news/spirited-reopening-for-anful.html
Templeton Cautions Investors Riding Myanmar, Cambodia Growth
Investors should be cautious when pursuing the opportunities for growth present in Myanmar and Cambodia, Southeast Asia’s frontier markets, Templeton Asset Management Ltd. said. In Cambodia, state-owned Phnom Penh Water Supply Authority will have its initial public offering this month, making it the first to ...
Cambodia rejects suspicions reversal on us base upgrade signals plans to host Chinese military assets
Cambodia’s Minister of Defense Tea Banh on Monday dismissed suspicions that his government had reneged on accepting an offer from the U.S. to upgrade buildings at a naval base in Preah Sihanouk province because it plans to host Chinese military assets at the site. In a ...
Joshua Lipes
https://www.rfa.org/english/news/cambodia/base-07012019152820.html