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ADB: Adapting to 4IR will boost garments, tourism

A study conducted by the Asian Development Bank (ADB) recommended that Cambodia develop industry transformation maps in key sectors to enable transitions under the fourth industrial revolution (4IR). This should be accompanied by adequate investment in skills development for new and repositioned jobs. ...

Niem Chheng
https://www.phnompenhpost.com/national/adb-adapting-4ir-will-boost-garments-tourism

Cambodian embassy to organise a webinar on “Connecting Digital Opportunities between Thailand and Cambodia”

The Royal Embassy of Cambodia in Bangkok will organise a Webinar on “Connecting digital Opportunities between Thailand and Cambodia” this week, in cooperation with the Department of East Asian Affairs, Thailand’s Ministry of Foreign Affairs and the International Studies Centre (ISC). ...

Khmer Times Staff
https://www.khmertimeskh.com/50930394/cambodian-embassy-to-organise-a-webinar-on-connecting-digital-opportunities-between-thailand-and-cambodia/

WTO help sought in LDC exit

Cambodia has asked the World Trade Organisation (WTO) to support a comprehensive study of its exit strategy from the group of the least developed countries (LDC), the Ministry of Commerce reported on December 6. ...

Hom Phanet |
https://www.phnompenhpost.com/business/wto-help-sought-ldc-exit

Waste management essential in rural Cambodia

A study by International Development Enterprises (iDE) Cambodia has discovered polluted waters in areas around the Tonle Sap Lake and is urging for waste collection services to be implemented to eliminate affected groundwater and surface water sources.  ...

Chhorn Raksmey
https://kiripost.com/stories/waste-management-essential-in-rural-cambodia

More than 20,000 industrial and agricultural enterprises to receive reduced electricity prices

Prime Minister Hun Manet instructed Electricite du Cambodge (EDC) to study the reduction of electricity prices for 21000 enterprises in the industrial and agricultural sectors to facilitate employers to increase profits, expand investment, and create more jobs for Cambodians. ...

Khmer Times Staff
https://www.khmertimeskh.com/501362888/more-than-20000-industrial-and-agricultural-enterprises-to-receive-reduced-electricity-prices/

Canada firm mulls offshore oil extraction in Kingdom’s Block A

Canadian-owned company EnerCam Resources Co Ltd (EnerCam) is studying the possibility of investing in oil extraction from Cambodia’s offshore Block A after the government terminated an agreement with Singapore-based KrisEnergy Ltd, after the oil and gas exploration company went bankrupt last year. ...

Hom Phanet
https://www.phnompenhpost.com/business/canada-firm-mulls-offshore-oil-extraction-kingdoms-block

CSOs say that people in some capitals and provinces still face land issues under state development projects

Civil society organizations and community representatives from some capitals and provinces say that people are still facing problems with land, houses and have not yet received proper compensation due to the development without studying the impact in advance and the authorities continue to monitor and threaten ...

Nat Sopheap
https://www.vodkhmer.news/2022/11/24/civil-society-says-that-people-still-face-problems-under-state-development-projects/

Cambodian officials in Labuan to cement economic collaboration

More cooperation in investment and trade is expected to take place between Labuan’s industry players and Cambodian counterparts following a technical study tour by a high-level delegation from the Cambodian Royal Government to the Labuan Corporation (LC) Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501238361/cambodian-officials-in-labuan-to-cement-economic-collaboration/

Bassac sea-link to reach Kampot seaport: ministry

A key study on a proposed waterway link from the Bassac River to the sea in the Kampot-Kep region has been completed, the transport ministry reported, revealing plans for the project to connect to a “seaport” in Kampot province, igniting hopes for a solid pop ...

Hin Pisei
https://www.phnompenhpost.com/business/bassac-sea-link-reach-kampot-seaport-ministry

Strengthening resilience key to coping with crises

An in-depth study into the impact of Covid-19 on tourism-related businesses in Siem Reap has revealed that while solid networks helped strengthen resilience, existing debts and the structure of the labor system hampered it. ...

Yatt Malai
https://kiripost.com/stories/strengthening-resilience-key-to-coping-with-crises

MEF discusses budget of Tourism Board

The Ministry of Economy and Finance (MEF) discussed the budget aspect of the Tourism Board on Monday. Seng Meng Hong, Tourism Secretary led the delegation to dwell upon the budget package for the operation of the Board of Study, Marketing and Tourism Promotion of Cambodia. ...

Jigmee Palden Pazo
https://www.khmertimeskh.com/501501020/mef-discusses-budget-of-tourism-board/

PM urges universities to boost research cooperation

PM Hun Manet is asking public and private universities to increase cooperation for joint research and mutual study visits with both national and international universities. ...

Torn Vibol
https://www.khmertimeskh.com/501505827/pm-urges-universities-to-boost-research-cooperation/

Research reveals Ratanakiri leads in child marriages

A study has revealed that Ratanakiri province ranks first for girls being married before the age of 18, while Takeo province ranked last out of nine target provinces, with authorities pledging to eliminate child, early and forced marriages. ...

Chhorn Raksmey
https://kiripost.com/stories/research-reveals-ratanakiri-leads-in-child-marriages

Cambodia very lucrative for investors

Economic diversification is attracting substantial sums of Fdi from China and beyond. Rich in history and culture and blessed with wonderful natural and human resources that are driving its impressive economic growth and attracting record sums of foreign direct investment (Fdi), the Kingdom of Cambodia offers ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZTk3NDYwNTAyZjc

The scramble to Siem Reap

As Cambodia’s busy tourism season approaches, domestic and regional airlines are scrambling to offer Siem Reap routes in a bid to capitalise on the growing number of visitors to the Angkor Wat gateway. In the past several months, players have entered the fray at a ...

http://www.phnompenhpost.com/business/scramble-siem-reap

After Chinese company’s visit, villagers fear dam construction

Following a visit by representatives of the Chinese company planning to build a controversial 108-MW hydropower dam in Koh Kong province’s Areng Valley, local officials and residents say they fear that construction on the project, which will require the evacuation of an estimated 1,500 villagers, ...

Sani Sinary
http://www.cambodiadaily.com/news/after-chinese-companys-visit-villagers-fear-dam-construction-53409/

Borei Keila Residents File Criminal Suit Against Phanimex

One hundred and twenty families evicted from the Borei Keila community filed a criminal lawsuit with the Phnom Penh Municipal Court yesterday against Phanimex, the company that ordered the demolition of their homes, seeking a total of $360,000 in damages, residents said. Former resident In ...

Japan Asks for Tax Breaks, Better Regulations

The Japanese Embassy in Phnom Penh appealed to the Cambodian government Tuesday to help encourage Japanese investment here by providing corporate tax holidays and reducing notoriously high customs tariffs by adopting more transparent and efficient practices. According to a set of requests prepared by the ...

MFIs watch rice loans

The country’s financial institutions are closely monitoring loans that have been made to rice farmers, who say that this year’s fall in rice prices will affect their ability to make repayments, industry officials said yesterday. Last year, farmers were paid around 840 riel ($0.21) per kilogram ...

May Kunmakara
http://www.khmertimeskh.com/news/30035/mfis-watch-rice-loans/

Stocks Slow as CSX Sees First Day Without Trades

For the first time since the bourse went alive in April, no trading took place on the Cambodian Securities Exchange on Friday. The share price of the bourse’s sole listing, the Phnom Penh Water Supply Authority (PPWSA), remained flat at 6,450 riel ($1.58) at the end ...

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