Lao And Cambodian Stock Exchanges Stagnant After Two Years With A Combined Three Companies Listed
If you were given all the money in the world to invest in a stock from the stock exchanges of Laos and Cambodia, which stock would you choose? You might not actually get a lot of choices – both exchanges are stagnant two years after
Sophie Song
http://www.ibtimes.com/lao-cambodian-stock-exchanges-stagnant-after-two-years-combined-three-companies-listed-1320809
Cambodia’s first ever crude oil venture a failure but opportunities remain, says Hun Sen
Prime Minister Hun Sen has stated that Cambodia’s first oil and gas industry, announced on December 29 failed to meet expected volume and thus failed.
Khmer Times Staff
https://www.khmertimeskh.com/50906565/cambodias-first-ever-crude-oil-venture-a-failure-but-opportunities-remain-says-hun-sen/
ANZ payment to displaced Cambodian families brings landmark human rights case to a close
On 03 November 2021, the Equitable Cambodia issued a press release on ANZ payment to displaced Cambodian families brings landmark human rights case to a close.Cambodian families who were forcibly displaced by Phnom Penh Sugar Company have received a promised payment from Australia’s ANZ bank,
Equitable Cambodia
The extension of fines for applying for a license or e-commerce license
On 01 December 2021, the Ministry of Commerce issued a notice on the extension of fines for applying for a license or e-commerce license. In order to enable the fulfillment of the obligation to apply for a license or e-commerce license, the Ministry of Commerce
Ministry of Commerce
Cambodia will host the 6th World Clean Day under the theme “Together for a river without garbage”
The National Committee for Clean City Evaluation has announced that Cambodia will hold the 6th World Clean Day from September 16–17, 2023, at Chroy Changva near Sokha Hotel, Phnom Penh, under the theme “Together for a River without Garbage.”
Khmer Times Staff
https://www.khmertimeskh.com/501360491/cambodia-will-host-the-6th-world-clean-day-under-the-theme-together-for-a-river-without-garbage/
Royal Government decides to establish a commission to address the issue of Cambodian workers’ entry and exit at the border
The Prime Minister of Cambodia, Dr. Hun Manet, has issued a decision to establish a commission to monitor and resolve the issue of entry and exit of Cambodian workers along the Cambodian border.
Khmer Times Staff
https://www.khmertimeskh.com/501360479/royal-government-decides-to-establish-a-commission-to-address-the-issue-of-cambodian-workers-entry-and-exit-at-the-border/
Cambodia has a high likelihood of experiencing hotter conditions but receiving above-normal rainfall
The El Niño, La Niña, and Southern Oscillation (ENSO) Forecast indicates that the El Niño event developing remains high until early 2024, typically causing warmer conditions in the region.
Khmer Times Staff
https://www.khmertimeskh.com/501350875/cambodia-has-a-high-likelihood-of-experiencing-hotter-conditions-but-receiving-above-normal-rainfall/
PPAP posts over $8 million in revenue in Q1, a decrease of 13 percent
Publicly-listed river port operator, Phnom Penh Autonomous Port (PPAP), reported a revenue of some US $8.23 million during the first three months of 2023, a year-on-year decrease of 13 percent.
Khmer Times Staff
https://www.khmertimeskh.com/501277374/ppap-posts-over-8-million-in-revenue-in-q1-a-decrease-of-13-percent/
A $42.8m project to help vulnerable adapt to climate change given green light
The Green Climate Fund (GCF) on Wednesday approved $42.8 million for FAO project PEARL to enhance the adaptive capacity of Cambodian people living along the Northern Tonle Sap Basin to cope with the threat of climate change.
Cambodia’s Foreign Ministry says a crime is acrime, and it cannot be justified for other aspirations
“Crime is a crime, and it cannot be justified for other aspirations,” the Ministry of Foreign Affairs and International Cooperation’s Spokesperson said in a press statement released this morning.
Khmer Times Staff
https://www.khmertimeskh.com/501249455/cambodias-foreign-ministry-says-a-crime-is-acrime-and-it-cannot-be-justified-for-other-aspirations/
“There’s A Lot of Data, but Limited Access”- NGOs Call For Improved Access And Quality Data Sharing
Non-state actors have raised concerns about the limited sharing of public data by the government due to a lack of trust, as well as zero quality or standard of data.
Khuon Narim and Ly Rosslan
https://cambojanews.com/theres-a-lot-of-data-but-limited-access-ngos-call-for-improved-access-and-quality-data-sharing/
Sonando Jailed for 20 Years; Sentence Denounced
The Phnom Penh Municipal Court handed down a 20-year jail sentence to independent radio station owner Mam Sonando yesterday for his role in fomenting an alleged secessionist movement in a decision drawing condemnation from human rights groups and some of Cambodia’s main foreign donors.
The court
Open Development Cambodia ran a workshop on "Digital Governance and E-Commerce Technology in Small-Midsized Enterprises (SMEs)"
A workshop on “Digital Governance and E-Commerce Technology in Small-Midsized Enterprises (SMEs)” was held on June 29, 2023, by Open Development Cambodia (ODC). 10 participants (four of which were women) representing various industries attended. The workshop’s main goals are to disseminate the research study’s findings
$20 million deal inked to fix roads
A Chinese company inked a deal worth $20 million yesterday with the Ministry of Public Works and Transport to repair 107 kilometres of roads in the kingdom.
Chea Vannak
http://www.khmertimeskh.com/5098708/20-million-deal-inked-fix-roads/
$20m mill will lift rice exports
Cambodian company Soma Group has signed a joint-venture agreement with Thai-based CP Intertrade to build and operate a $20 million rice mill that will process fragrant rice for export.
Industry insiders say the mill will increase Cambodia’s rice export capacity and boost the Kingdom’s ability to
http://www.phnompenhpost.com/2013012460970/Business/20m-mill-will-lift-rice-exports.html
Okvau explorer raises $10m
Renaissance Minerals has raised $10 million for its gold-mining program at the Okvau deposit, in Mondulkiri province.
The Australian company had estimated the area contained 729,000 ounces of gold.
Renaissance’s biggest challenge would be to finance the project by equity investments world-wide, Tremain said.
Renaissance is
http://www.phnompenhpost.com/2013010960685/Business/okvau-explorer-raises-10m.html
Digital economy needs 10 years
Cambodia’s digital economy remains at a nascent stage and will need at least 10 years to grow and aim for a technology-driven economy, said Minister of Economy and Finance Aun Pornmoniroth. Speaking at the national consultation workshop on Policy and Direction of Cambodia’s Digital Economy
Hor Kimsay
https://www.phnompenhpost.com/business/digital-economy-needs-10-years
CCHR releases a briefing note on business and human rights entitled "Preventing, Mitigating and Remedying Land-Related Rights Violations in the Kingdom of Cambodia"
On 20 December 2018, The Cambodian Center for Human Rights (CCHR) released a briefing note on business and human rights entitled “Preventing, Mitigating and Remedying Land-Related Rights Violations in the Kingdom of Cambodia” on its website in both Khmer and English versions. As part of its business and
Cambodian Center for Human Rights (CCHR)
Prison numbers jump 20 percent
Cambodia’s already swollen prison population leapt by more than 20 percent last year, according to the Ministry of Interior’s annual report, which acknowledged the influx has caused “serious challenges” with overcrowding, and revealed one-third of inmates are in pre-trial detention.
Mech Dara
http://www.phnompenhpost.com/national/prison-numbers-jump-20-percent
Military police arrest 20 for crystal meth
Military police arrested 20 people at a guesthouse in Phnom Penh’s Pur Senchey district late Sunday night for allegedly using and dealing crystal methamphetamine, officials said Monday.
Saing Soenthrith
http://www.cambodiadaily.com/news/military-police-arrest-20-for-crystal-meth-70403/
