Sambo hydro dam info urged
Youth groups and environmental activists have requested the government release the latest documents concerning the proposed Sambo hydroelectric dam in Kratie province, amid lingering concerns of the possible environmental damage the dam may cause. The dam, if constructed, will be the largest in the country and ...
Pech Sotheary
http://www.khmertimeskh.com/news/30164/sambo-hydro-dam-info-urged/
Disney carbon deal sets stage for more partnerships
Cambodia’s first large-scale private-sector sale of carbon credits was finalised yesterday, with conservationists predicting that it could pave the way for more public-private partnerships, making millions of dollars of funding available for local carbon-based initiatives. US entertainment giant Walt Disney Company has officially purchased $2.6 ...
Kali Kotoski
http://www.phnompenhpost.com/business/disney-carbon-deal-sets-stage-more-partnerships
Household income falls, debt rises sharply after drought
The economic stability of Cambodian households took a beating during the El Nino weather cycle that enveloped the region during the last dry season, resulting in drought conditions that drove many families into debt and lower income brackets, a new study has found. The study, released ...
Janelle Retka
https://www.cambodiadaily.com/news/household-income-falls-debt-rises-sharply-drought-118540/
Government salaries to rise
Prime Minister Hun Sen, ministers, secretaries of state and 2,500 other civil servants and political figures will receive substantial pay rises after the Council of Ministers approved a draft of the 2017 Draft Law on Financial Management on Friday. During the cabinet meeting, Mr. Hun Sen ...
May Titthara
http://www.khmertimeskh.com/news/31167/government-salaries-to-rise/
CAMBODIA: Strike continues at Gap supplier factory
A strike at the Ocean Garment factory in Phnom Penh, which supplies US retailer Gap, has entered its third week, despite a court ordering the 2,500 protestors to return to work. The unrest began on 11 August after six female employees accused their Bangladeshi manager of ...
http://www.just-style.com/news/strike-continues-at-gap-supplier-factory_id115380.aspx
Khmer Cakes, Desserts Make a Sweet Display
The annual Khmer Cakes and Desserts Exhibition was launched yesterday with a ceremony on Phnom Penh’s riverfront near Wat Ounalom attended by officials from the municipality and Ministry of Culture. Noting that it was the second year the event had been held, Phnom Penh Governor Kep ...
Flooding claims three lives
Three people have drowned and more than 3,000 have been evacuated since flash flooding struck a trio of provinces late last week. Yesterday, the Cambodian Red Cross said it was mobilising aid and planned to have packages of rice, canned fish, noodles and other materials in ...
Construction of Lower Sesan Dam in Stung Treng to Start in 2014
Construction of the Lower Sesan 2 Dam in Stung Treng province will begin in 2014 and the government will spend next year relocating some 5,000 people from villages that are located in the dam’s future reservoir area. Located near the confluence of the Sesan and Srepok ...
Cambodia's Economic Growth
The growth prospects of the Cambodian economy in 2012 remain moderate, as has been expected. Cambodia’s real Gross Domestic Product (GOP) is estimated to grow at a rate of 6.2 percent year-on-year, which is unchanged from our estimation at the beginning of this year. Persistently weaker demand in the European and US markets remain the ...
Cambodia, Thailand to Partner on Border Zone
In an effort to bolster bilateral trade, Commerce Minister Cham Prasidh and his Thai counterpart, Boonsong Teriyapirom, agreed in Bangkok on Sunday to establish a special economic border zone, Thai media reported yesterday. Though it remained unclear when or where the zone would be set up, ...
Cambodian state-owned telecom firm sees 5% revenue drop in H1
The state-owned Telecom Cambodia reported a 5 percent decline in revenues in the first half of this year due to tough competition in the country’s telecommunication industry, company director general Lao Saroeun said Friday. During the January-June period this year, the firm earned a gross revenue ...
http://news.xinhuanet.com/english/business/2012-08/17/c_131792460.htm
IMF: Cambodia’s economy expected to grow 7 pct in 2012
The International Monetary Fund (IMF) predicted Tuesday that Cambodia’s economy could grow as high as 7 percent this year, 0.8 percentage points higher than its April’s forecast of 6.2 percent. Speaking in a meeting with Cambodian Deputy Prime Minister Sok An, IMF’s Chief of Mission to ...
http://www.nzweek.com/world/imf-cambodias-economy-expected-to-grow-7-pct-in-2012-8368/
Siem Reap International Airport records 340,000 passengers in January, South Korea stands first row
PHNOM PENH: the Siem reap international airport announced today that it gained 340,000 passengers for January and the South Korean passengers stand first class. “This is first time in its history, [sic] the statement said. It adds: barely a month after crossing the 2-millionth passenger milestone, ...
Workers Pledge to Continue Strike Action in Phnom Penh
Garment factory workers on Saturday blocked Street 371 in Phnom Penh’s Meanchey district for the second day and said they will continue their strike today unless factory managers give in to their demands. During Saturday’s strike action, more than 3,000 workers from the S.L. Garment Factory ...
Cambodia's inflation slightly up to 3.8% in June
Cambodia’s consumer price index (CPI) increased by 0.1 percent to 3.8 percent in June from 3.7 percent in May this year, according to the latest statistics of the National Institute of Statistics (NIS) on Wednesday. From May to June 2012, price for food increased by 0.9 ...
http://news.xinhuanet.com/english/business/2012-07/25/c_131737766.htm
Royal Group to Import BMWs Into Cambodia
Cambodian conglomerate Royal Group will be the first authorized importer and dealer of BMW automobiles in the country, and has begun construction on a showroom and service center in Phnom Penh. Premium Auto Import Co. Ltd., a subsidiary of Royal Group, aims to import roughly 200 ...
Protests Over Mondulkiri Electricity Prices Resume
About 100 residents of Mondulkirri province’s Sen Monorom City have protested yesterday for the third time in the past 2 weeks in front of the provincial office of state electricity provider Eletricite du Cambodge (Edc), demanding that their electricity be decreased. Vann Neang, who ...
Cambodia reports 60 pct rise in internet users last year
Cambodia recorded about 2.7 million internet users as of December last year, a 60 percent rise year-on-year, a senior official said Thursday. Meanwhile, he said the country has 6 mobile phone operators. As of last year, those operators had sold out 19.1 million SIM cards, ...
http://news.xinhuanet.com/english/sci/2013-03/14/c_132234173.htm
Hun Sen Tells Landowners in Kep to Obey Tax Law
Prime Minister Hun Sen on Wednesday told landowners in the coastal province of Kep to pay their taxes on unused land and increase the amount of investment in the area to attract more visitors. According to the law, unused land is subject to a 2 percent ...
http://www.cambodiadaily.com/business/hun-sen-tells-landowners-in-kep-to-obey-tax-law-26172/
Cambodia sees 22 pct rise in garment exports in 9 months
Garment industry, Cambodia’s largest income earner, reported a 22-percent increase in exports in the first nine months of 2013, showed the data of the Ministry of Commerce released on Tuesday. During the January-September period this year, the country had exported garment products in equivalent to $4.2 ...
Global Times News Staff
http://www.globaltimes.cn/content/819443.shtml#.UmaRFflgd8E