Malaysian firm plans 10-mw biomass plant
A Malaysian-base[d] energy service group has plans to spend roughly $10 million to build a biomass power plant in Cambodia. Wah Seong Corporation Berhad’s plant would have a production capacity of up to 10 megawatts, said the group’s chief executive, Chan Cheu Leong, in an article ...
http://www.phnompenhpost.com/2013040264825/Business/malaysian-firm-plans-10-mw-biomass-plant.html
Bank of China to raise business operations in Cambodia: deputy-governor
The Bank of China is going to expand its business operations in Cambodia after it was launched here two years ago and seen rapid business growth, Zhu Shuming, visiting deputy governor of Bank of China, said Friday. Speaking at a meeting with Chea Chanto, governor of ...
Poipet Casino Grand Opening set for Next Month
U.S. listed gambling firm Entertainment Gaming Asia Inc. (EGA) will next month hold a grand opening for its second casino on the Thai-Cambodia border, the company said. In a statement issued on Monday from Hong Kong, it said that Dreamworld Club in Poipet, which has been ...
http://www.cambodiadaily.com/business/poipet-casino-grand-opening-set-for-next-month-19965/
Union calls for stable rent for workers
The Cambodian Confederation of Unions (CCU) urged all apartment landlords to not increase their rent because garment and footwear employees get only a basic salary of $80 per month. A statement issued Monday said the wage increase from $61 per month to $80 will be implemented ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=NzI2NDk4N2M2YTA
FAO sees slight decline in Cambodian rice harvest this year
Cambodia’s rice harvest is forecast to reach 9.1 million tonnes this year, down from an estimated 9.3 million tonnes last year but up from 8.8 million tonnes in 2011, the Food and Agricultural Organization said Thursday. The estimates were contained in the UN agency’s quarterly Crop ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=MDBmNGIwNDFiZWY
Arbitration’s cost and value
The Arbitration Council Foundation, credited with helping resolve about 1,700 industrial disputes, has reached verbal agreement with a Swedish aid agency to receive funding until the end of 2016, a spokesman said yesterday. But members of the labour-dispute resolution body desire a more permanent solution that ...
Sean Teehan
http://www.phnompenhpost.com/national/arbitration%E2%80%99s-cost-and-value
Interior ministry blames country’s increased crime on CNRP
The total number of serious and minor crimes in Cambodia increased by 1 percent, or 27 cases, in 2013 compared to the previous year, while Phnom Penh’s crime rate rose by 62 percent, a report released by the Interior Ministry on Tuesday says—laying the blame ...
Khy Sovuthy
http://www.cambodiadaily.com/news/interior-ministry-blames-countrys-increased-crime-on-cnrp-52714/
Firm completes purchase of solar project in Banteay Meanchey
Thailand-based energy company B Grimm Power Plc’s wholly-owned subsidiary, B Grimm Solar Power 1, has completed its acquisition of Cambodia’s Ray Power Supply Co Ltd. “[Ray Power] would like to update the progress [of the transaction]. The share transfer has officially completed and approval from ...
Thou Vireak
https://www.phnompenhpost.com/business/firm-completes-purchase-solar-project-banteay-meanchey
2020 bilateral trade with China reaches $8.2 billion
Data from the Ministry of Commerce showed Cambodia exported $1.086 billion of goods to China, a year-on-year increase of 8.1 percent. Cambodia’s 2020 imports from China were valued at $7.031 billion, a contraction of 6.9 percent compared with 2019 figures. ...
Chea Vanyuth
https://www.khmertimeskh.com/50820988/2020-bilateral-trade-with-china-reaches-8-2-billion/
Trade deficit with VN shrinks 6%
Trade between the Kingdom and Vietnam was worth $3.020 billion in 2020, inching down 1.1 per cent from $3.054 the previous year, according to Ministry of Commerce statistics. ...
May Kunmakara
https://www.phnompenhpost.com/business/trade-deficit-vn-shrinks-6
CPP sets strategies for upper-middle income by 2030
The Cambodian People’s Party (CPP) has set economic strategies for Cambodia for the next five years to become an upper-middle-income country by 2030 as the economy is striding with ongoing necessary strengths after slipping into negative 3.1 percent in 3.1 percent, according to a resolution ...
Kang Sothear
https://www.khmertimeskh.com/501230305/cpp-sets-strategies-for-upper-middle-income-by-2030/
Farmers’ profits hit by further drop in paddy prices
Cambodia Rice Federation (CRF) on Friday announced the recent fluctuation in international rice market prices and paddy prices in Cambodia. It revealed that overall prices have decreased slightly to between 1,090 and 1,250 riel per kilogram, depending on the type. ...
https://kiripost.com/stories/cambodia-farmers-profits-hit-by-further-drop-in-paddy-prices
Cambodia’s garment exports to Turkiye jump 110% to $84 million in 2022
Cambodia’s exports of garments, footwear and travel (GFT) goods declined by 22.62 percent in the first three months of the year (Q1) compared to the same period in 2022 as the slide that started in the latter half of the last year continued, raising the ...
Khmer Times Staff
https://www.khmertimeskh.com/501272800/cambodias-garment-exports-to-turkiye-jump-110-to-84-million-in-2022/
Australia unveils plans to develop three agri-food industrial parks
Australia plans to support the Cambodian Government in developing an Agri-food Industrial Park (AIP) in three main provinces. This initiative is expected to benefit the Cambodian economy by generating $5.1 billion and creating 100,000 new jobs, with 50 percent of these opportunities going to women. ...
Meas Molika
https://kiripost.com/stories/australia-unveils-plans-to-develop-three-agri-food-industrial-parks-cambodia
Cambodian exports to Canada up 17% in 2022
The Cambodia-Canada merchandise trade in 2022 was valued at $1.154 billion, soaring by 16.06 per cent over 2021, while the Kingdom’s exports to the second largest economy of the Americas accounted for 97.07 per cent, edging up by 1.08 percentage points on-year, according to the ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-canada-17-2022
Announcement on the start of Financial Transparency Corridor (FTC) Initiative between Cambodia and Singapore
On 18 June 2024, the National Bank of Cambodia issued a joint media release on the start of Financial Transparency Corridor (FTC) Initiative between Cambodia and Singapore on their official social media site.According to the press, the National Bank of Cambodia (NBC) and the Monetary ...
National Bank of Cambodia
Avian flu outbreak in Kampot confirmed
The first outbreak of H5N1 this year was confirmed in Kampot province on May 10, health officials said yesterday. ...
Pech Sotheary
http://www.phnompenhpost.com/national/avian-flu-outbreak-kampot-confirmed
Hun Sen distributes land titles to Rattanakiri residents
Prime Minister Hun Sen on Friday distributed 541 land titles covering 1,308 hectares to 301 mostly ethnic minority families in Andong Meas district. ...
Tax authority sets window for road tax compliance
The General Department of Taxation (GDT) announced yesterday that the government will collect annual road tax payments from July 1 until November 30. ...
Sorn Sarath
http://www.phnompenhpost.com/business/tax-authority-sets-window-road-tax-compliance
Authorities to relocate Tonle Sap Vietnamese
Kampong Chhnang provincial authorities plan to relocate around 1,000 Vietnamese people living on the Tonle Sap river in Kampong Chhnang town next Monday. ...
Niem Chheng
https://www.phnompenhpost.com/national/authorities-relocate-tonle-sap-vietnamese