Diversification and Market Access: RCEP Positively Impacts Cambodia’s Economy
The Regional Comprehensive Economic Partnership (RCEP) agreement, which came into effect in 2022, has played a significant role in diversifying Cambodia’s economy and boosting its exports, according to Aaditya Mattoo, chief economist of the World Bank’s East Asia and Pacific Region. ...
Khmer Times Staff
https://www.khmertimeskh.com/501370132/diversification-and-market-access-rcep-positively-impacts-cambodias-economy/
Ministry: Arrivals of foreign tourists soar in ‘23
The Ministry of Tourism reported a surge in foreign tourist arrivals in Cambodia for the first eight months of 2023. Over 3.5 million international visitors were recorded, marking a 250.8 per cent increase compared to the same period last year. A significant 84.7 per cent ...
Hin Pisei
https://www.phnompenhpost.com/business/ministry-arrivals-foreign-tourists-soar-23
IOM reaffirms commitment to Kingdom’s migrant workers
International Organisation for Migration (IOM) Asia-Pacific regional director Sarah Lou Ysmael Arriola on May 3 reaffirmed her commitment to assist Cambodia in protecting the rights of migrant workers and improving governance, employment, human resource and migration system development, according to a labour ministry statement. ...
Post Staff
https://www.phnompenhpost.com/national/iom-reaffirms-commitment-kingdoms-migrant-workers
Regional meet gauges ozone-depleting-substance phaseout progress
Ministry of Environment secretary of state Pak Sokharavuth from March 13-17 attended meetings of senior officials in charge of implementing the Montreal Protocol in Southeast Asia, including a “green customs” workshop on reporting and managing trade in ozone-depleting substances (ODS), in Vietnam’s Halong city. ...
Ry Sochan
https://www.phnompenhpost.com/national/regional-meet-gauges-ozone-depleting-substance-phaseout-progress
‘How can we help grow your economy?’ Australia asks Cambodia
Australia’s special envoy for Southeast Asia Nicholas Moore said his nation has a lot to offer Cambodia and the region where it sees itself as a trusted and reliable partner, according to a statement released by the Australian Embassy in Cambodia Friday. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/how-can-we-help-grow-your-economy-australia-asks-cambodia
ADB, MPWT build $6.28 million landfill project in Battambang
The Asia Development Bank (ADB) in collaboration with the Ministry of Public Works and Transport (MPWT) has successfully built a 20-hectare controlled landfill in Battambang province, aiming to serve 126,000 people in the community with the capacity to remove 100 tonnes of trash daily for ...
Nheng Chamrong
https://www.khmertimeskh.com/501404698/adb-mpwt-build-6-28-million-landfill-project-in-battambang/
Cambodia, Brazil discuss ongoing cooperation
Chum Sounry, Secretary of State of the Ministry of Foreign Affairs and International Cooperation, and Eduardo Paes Saboia, Secretary of Asia and the Pacific of the Ministry of Foreign Affairs of Brazil, discussed the ongoing cooperation between Cambodia and Brazil during a meeting held in ...
Khmer Times Staff
https://www.khmertimeskh.com/501501298/cambodia-brazil-discuss-ongoing-cooperation/
ARDB, APRACA sign MoU to create CoE on green financing
Agricultural and Rural Development Bank (ARDB) and Asia-Pacific Rural and Agricultural Credit Association (APRACA) Thursday signed a Memorandum of Understanding (MoU) to create the Center of Excellence (CoE) to conduct research on green financing in agriculture in Cambodia. ...
Mom Kunthea
https://www.khmertimeskh.com/501539675/ardb-apraca-sign-mou-to-create-coe-on-green-financing/
Cambodia to feel an energy crunch, but growth to remain stable: report
Energy demand in Southeast Asia is expected to increase by more than 80 per cent by 2035, fuelling some $240 billion in oil spending, a new report from the International Atomic Energy Association (IAEA) shows. In its “Southeast Asia Energy Outlook” published yesterday, the Paris-based IAEA ...
Anne Renzenbrink
http://www.phnompenhpost.com/business/cambodia-feel-energy-crunch-growth-remain-stable-report
Pricey petrol punishes poor
Petrol prices have jumped by 150 riel (US$0.03) a litre, much to the dismay of Cambodia’s poor, as NGOs appealed to the government to take action. Rong Chhun, president of the Cambodian Confederation of Unions (CCU), issued a letter dated August 16 appealing to Prime Minister Hun ...
http://www.phnompenhpost.com/index.php/2012082058157/Business/pricey-petrol-punishes-poor.html
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
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
Graduate convicted for bomb threat; sentence cut
The Siem Reap Provincial Court last week convicted Tao Savoeun, 26, of threatening to kill Interior Minister Sar Kheng at a graduation ceremony but will only require him to serve one month of his 15-month prison sentence, meaning he should be released within days.Mr. Savoeun, ...
Mech Dara
https://www.cambodiadaily.com/news/graduate-convicted-for-bomb-threat-sentence-cut-98225/
Japan building Mekong supply chain
Greater connectivity between Japan and Cambodia is tightening economic links between the two countries while catalysing Japan’s ambitions to develop a chain of industrial complexes that cut a tract through the Lower Mekong region. Officials at Japan External Trade Organisation (JETRO), Japan’s development agency, say ...
Matthieu de Gaudemar and Cheng Sokhorng
http://www.phnompenhpost.com/business/japan-building-mekong-supply-chain
Southeast Asian scientists look to reinvent the flush toilet
Scientists in Bangkok are about to start work on a new flush toilet especially designed for the urban poor in Thailand, Cambodia and Vietnam. Their aim is to create a toilet that will process wastewater in family homes and convert it into gas or electricity, ...
http://www.trust.org/alertnet/news/southeast-asian-scientists-look-to-reinvent-the-flush-toilet
Cambodia’s Hydro Plans Carry Steep Costs
The Cambodian government has committed to the construction of five dams along the Mekong River in order to meet a huge demand for electricity, but environmental groups warn that severe repercussions loom for this strategy. “While each project proposed in Cambodia comes with a different set ...
http://www.thejakartaglobe.com/nvironment/cambodias-hydro-plans-carry-steep-costs/539293
Thai factory accused of abuses
Cambodian migrant workers at a tuna processing company in Thailand have had their passports confiscated by their employers and are effectively trapped in substandard work conditions, research released yesterday revealed. Non-profit research organisation Finnwatch said it had found a number of “problems” with working conditions at ...
http://www.phnompenhpost.com/2013012260908/National/thai-factory-accused-of-abuses.html
Laos Dam Construction Going Ahead, Company Says
Thai construction company Ch Karnchang has continued work on the controversial Xayaburi dam in Laos, even as the Lao government has assured other Mekong River nations that the project is postponed pending further environmental studies, the company’s CEO said yesterday. Ch Karnchang’s CEO Plew Trivisvavet told ...
ADB supports integration of regional energy systems
Countries in the Greater Mekong Sub-region can save US$14 billion over the next 20 years if they integrate their power transmission systems, according to a senior official from the Asian Development Bank. A regional power grid connection would enable countries with hydro-power plants to export energy ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZGE3NWI5YWNjYTV
Profits peeled at new centre
A pilot cashew-peeling factory in Kampong Thom province aims to make business easier for farmers who have traditionally relied upon sending their raw harvest elsewhere for processing. With $130,000 from the Asia Development Bank, the building went up in May on 3,600 square metres in Kampong ...
Hor Kimsay
http://www.phnompenhpost.com/business/profits-peeled-new-centre