ADB retains Cambodia’s growth forecast at 5.3 percent in 2022 and 6.2 percent in 2023, down by 0.3 percent
The Asian Development Bank (ADB) maintained its economic growth forecast for Cambodia at 5.3 percent in 2022, but lowered the 2023 forecast to 6.2 percent from the earlier prediction of 6.5 percent due to weaker global growth, according to its updated outlook report released on ...
Khmer Times Staff
https://www.khmertimeskh.com/501155788/adb-retains-cambodias-growth-forecast-at-5-3-percent-in-2022-and-6-2-percent-in-2023-down-by-0-3-percent/
CSX to increase trade times
THE Cambodia Securities Exchange (CSX), the recently established bourse with a single player, will increase the number of trade executions from twice to six times a day, a move that will take effect on March 11. A CSX officer and the managing director of a securities ...
http://www.phnompenhpost.com/2013022861659/Business/csx-to-increase-trade-times.html
Financial firm shut down by SR police
At least two women and five men are in custody At Siem Reap provincial police headquarters amid allegAtions they ran an unlicensed investment firm. The arrests, which followed a Wednesday stAtement by the provincial governor warning citizens to be vigilant with their money, took place At ...
Thik Kaliyann
http://www.phnompenhpost.com/national/financial-firm-shut-down-sr-police
PM says economy to grow by 7 per cent
Prime Minister Hun Sen said on Monday that the Kingdom’s economic growth is forecast to grow at 7 per cent this year, according to news agency reports. “We still maintain our forecast of 7 per cent growth and the latest forecast showed that the inflation rate ...
Accident rocks garment industry again
For the second time in five days, Cambodia’s garment industry has been rocked by another partial collapse of a structure at a factory. Garment workers are reporting that at least 10 people, including a pregnant woman, have been injured after a concrete platform collapsed into a ...
http://www.phnompenhpost.com/2013052065721/National/accident-rocks-garment-industry-again.html
‘Cambodian’ workers die in Thailand
Two Cambodian nationals are among those reported dead following the collapse of a beam at a construction site yesterday on the outskirts of Bangkok. The death toll stood at 11 as of 4pm yesterday, while another 17 were reported injured. A concrete beam fell down at the ...
Sen David
http://www.phnompenhpost.com/national/%E2%80%98cambodian%E2%80%99-workers-die-thailand
Ports to Be Better Regulated Under New Law
The government is drafting a new law that will aim at improving auditing standards and management practices at all of Cambodia’s ports on the coast and rivers and at dry ports inland, officials said yesterday. Speaking at a workshop on port regulation in Phnom Penh, ...
Firm cautious after faintings
Workers deemed at risk of fainting were sent home yesterday morning after arriving at the gates of Sabrina (Cambodia) Manufacturing in Kampong Speu province, following two mass fainting incidents at the facility last week, union officials said. Ouk Lina, an administrative officer at the Free Trade ...
http://www.phnompenhpost.com/index.php/2012041055526/National-news/phnom-penh-cambodia-news.html
Geopacific Resources could have unearthed major gold copper system in Cambodia
Geopacific Resources’ (ASX: GPR) may have discovered a major gold and copper system from drilling in Cambodia which on the results could yet get bigger. Standout results from preliminary gold assays from follow-up RC drilling at the 150 Prospect have extended the strike length of high ...
Proactive Investors News Staff
http://www.proactiveinvestors.com.au/companies/news/54565/geopacific-resources-could-have-unearthed-major-gold-copper-system-in-cambodia-54565.html
Helmet checks to begin in PP
Phnom Penh authorities will deploy forces day and night at 16 points throughout the capital to identify motorcyclists not wearing helmets, while police will be stationed at two further locations at night to check truck drivers for alcohol and addictive substances. ...
Long Kimmarita
https://www.phnompenhpost.com/national/helmet-checks-begin-pp
Slow start for GTI as public firm
Grand Twins International (GTI) ended trading yesterday with a slight decline. The newly listed company was changing hands at 9,480 riel ($2.36) per share at the 1pm close, down from 9,640 riel ($2.40) at the morning’s opening. ...
Eddie Morton
http://www.phnompenhpost.com/business/slow-start-gti-public-firm
Seized timber sold for $15 mil
A total of 60,000 cubic meters of illegally-felled luxury timber confiscated by the National Anti-Deforestation Committee (NADC) sold at auction yesterday for $15 million, $3 million above the reserve price. Soung Meng Kea, chairman of the subcommittee running the auction and undersecretary of state at the ...
May Titthara
http://www.khmertimeskh.com/news/31435/seized-timber-sold-for--15-mil/
MFI deposits double in 2014
The total amount of savings at Cambodia’s deposit-taking microfinance institutions (MFIs) reached $897 million by the end of 2014, more than doubling from its 2013 base of $445 million, according to figures from the Cambodian Microfinance Association (CMA). Prasac is the largest MFI with deposits ...
Hor Kimsay
http://www.phnompenhpost.com/business/mfi-deposits-double-2014
Strike after pair fired for aiding other strikers
A thousand employees walked off the job at Nex-t Apparel (Cambodia) Co Ltd in Phnom Penh’s Dangkor district yesterday after two workers were fired for collecting money to buy water for strikers at a neighbouring factory. Demonstrations at Nex-t are set to continue today. ...
Mom Kunthear
http://www.phnompenhpost.com/national/strike-after-pair-fired-aiding-other-strikers
NGOs push for more international pressure
Civil society groups yesterday urged the international community to put more pressure on the government to ensure the safety of prisoners arrested in recent crackdowns and to prevent further police and military violence against civilians. at a press conference yesterday morning, images of soldiers beating and ...
Sean Teehan and May Titthara
http://www.phnompenhpost.com/national/ngos-push-more-international-pressure
Parties offer conflicting narratives of protest clash
Senior CPP lawmaker Chheang Vun on Friday denounced eight arrested CNRP officials as anarchists and said that Tuesday’s violent clash at Freedom Park was worse than riots in January in which military police shot dead at least five protesting garment factory workers. Speaking at a press ...
Kuch Naren and Matt Blomberg
http://www.cambodiadaily.com/news/parties-offer-conflicting-narratives-of-protest-clash-64509/
Trial of portrait artist charged with murder ends blurry
Who killed 24-year-old Chhun Kim at an Internet shop run by her family? This was the question left hanging at the end of a hearing at the Court of First Instance yesterday, where 22-year-old portrait sketcher Dang Sopheak was on trial for her murder. ...
Tin Sokhavuth
http://www.khmertimeskh.com/news/14644/trial-of-portrait-artist-charged-with-murder-ends-blurry/
Corruption? Not on foreign projects: PM
Prime Minister Hun Sen lashed out at unnamed critics yesterday, saying there was no corruption in large-scale development projects backed by foreign aid. “[For example] as for the Neak Leung bridge or Kizuna bridge Japan runs its bids in Tokyo. Therefore, only Japanese companies have the ...
http://www.phnompenhpost.com/2013011560783/National/corruption-not-on-foreign-projects-pm.html
Cambodia's micro-lenders record 24 pct lending growth in Q1
Cambodia’s 35 microfinance institutions had lent 1 billion U.S. dollars to customers by the end of March this year, up 24 percent from 808 million U.S. dollars it lent at the end of last year, the data of Cambodia Microfinance Association (CMA) showed Wednesday. On the ...
http://www.asean-china-center.org/english/2013-05/03/c_132357476.htm
Thais detain ‘large number’
A large group of Cambodian migrants were rounded up and detained in a Bangkok prison at the end of May, where many still remain, Thai officials told the Post yesterday. Separate unconfirmed reports that at least 130 Cambodians had been in detention for more than a month emerged ...
Alice Cuddy and Kevin Ponniah
http://www.phnompenhpost.com/national/thais-detain-%E2%80%98large-number%E2%80%99