Pursat Ford assembly plant opens
The Kingdom’s first Ford assembly plant was inaugurated on June 16 in Pursat province amid rising demand for brand-new vehicles among Cambodians. The facility is seen as a game changer for the domestic automobile industry, which could bring a wave of investors seeking to cash ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/pursat-ford-assembly-plant-opens
China-backed 700MW coal power station online: HSPGC
Huadian Sihanoukville Power Generation Co Ltd (HSPGC), under China&rSquo;S Huadian OverSeaS InveStment Co Ltd, on December 16 officially put online the “number-two unit” of itS 700MW coal-fired HSPGC Power Plant in Preah Sihanouk province, after a SucceSSful commiSSioning teSt, making it the largeSt power Station SS='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/china-backed-700mw-coal-power-station-online-hspgc
Ground breaks on Battambang water plant
Ground has been broken on a new water treatment plant in Battambang province which will serve the provincial capital. The plant, in Kampong Wat Kor commune’s seima village of the town, is co-financed by the Asian Development Bank (ADB) and the Agence Francaise de Developpement- AFD ss='cambodia-color'>...
Yuth Vireak
https://www.phnompenhpost.com/national/ground-breaks-battambang-water-plant
Cambodia sees slight improvements on corruption index
Cambodia’s global corruption core has slightly improved with it receiving 24 out of 100 in the 2022 Corruption Perceptions Index (CPI), which was released today by Transparency International (TI), placing it 150th out of the 180 countries. ss='cambodia-color'>...
Seng Mengheng
https://kiripost.com/stories/cambodia-corruption-index
Cambodia asks US to renew GSP scheme
The Minister of Commerce (MoC) Pan sorasak on Wednesday discussed strategies to strengthen the bilateral collaboration between Cambodia and the Us as well as renew the Generalized system of Preferences (GsP) for some of Cambodia’s products with a delegation led by Jason smith, Chairman of ss='cambodia-color'>...
Kang Sothear
https://www.khmertimeskh.com/501336646/cambodia-asks-us-to-renew-gsp-scheme/
Manet commits to annual wage increases for workers
While acknowledging that the new minimum wage for factory workers falls short of their expectations, Prime Minister Hun Manet reaffirmed the government’s commitment to providing a yearly increment, however modest. This dedication, he noted, stands in contrast to certain countries that have not granted any ss='cambodia-color'>...
Neang Sokunthea
https://phnompenhpost.com/national/manet-commits-annual-wage-increases-workers
SERC: CamGSM securities application under review
The SecuritieS and Exchange Regulator of Cambodia (SERC) iS currently reviewing the application from CamGSM Plc, the nation&rSquo;S largeSt locally-owned mobile operator, which SeekS to iSSue debt SecuritieS (SuStainable bondS). The move aimS to Secure around $20 million for network expanSion and debt refinancing. SS='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/serc-camgsm-securities-application-under-review
Mixed findings in Mekong River hydropower report
Two hydropower projects along southeast Asia’s most important river have had a measurable though moderate impact on water flows, sediment and fisheries, according to a press release on the preliminary findings of a report by the Mekong River Commission (MRC) released last week. ss='cambodia-color'>...
Ry Sochan
https://www.phnompenhpost.com/national/mixed-findings-mekong-river-hydropower-report
Official: No bans on rosewood furniture, use must be reduced
A senior agriculture official has clarified that calls to reduce the use of rosewood in furniture will not mean a total ban but rather the adoption of techniques which will contribute to the conservation of the Kingdom’s forests, as the population continues to grow. ss='cambodia-color'>...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/official-no-bans-rosewood-furniture-use-must-be-reduced
Canadian firm granted oil, gas exploration, production licence
The government has given the nod to EnerCam Resources Co Ltd, a subsidiary of Toronto-listed Angkor Resources Corp, for oil and gas exploration, development and production on southwestern Cambodia’s roughly 7,300sq km onshore Block VIII in the Kampong-som Basin, the parent company reported on October ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/canadian-firm-granted-oil-gas-exploration-production-licence
Interior ministry issues reminder to renew expired ID cards
Around 1.7 million national identification cards had expired by July this year, prompting the Ministry of Interior to call for those holding expired ID cards to renew them within the next 90 days to ensure their validity, especially for use in the next year’s general ss='cambodia-color'>...
Post Staff
https://www.phnompenhpost.com/national/interior-ministry-issues-reminder-renew-expired-id-cards
NOTICES Agri exports to China hit 2.4M tonnes worth $1.9B in last 42 months
Agricultural exports to China in the 14 quarters to June 30 amounted to 2.4 million tonnes, worth $1.942 billion, said a Chinese embassy report citing Cambodian agriculture ministry data, as the government’s new policies to boost productivity in the field and turn the Kingdom into ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/agri-exports-china-hit-24m-tonnes-worth-19b-last-42-months
District authorities remind residents age 15 and up to apply for National ID cards
Koh Kong province’s sre Ambel district administration informed the chiefs of all six communes in the district to encourage residents who have reached 15 years of age or older to apply for Cambodian National Identification cards and remind those whose ID cards are about to ss='cambodia-color'>...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/district-authorities-remind-residents-age-15-and-apply-national-id-cards
IMF, ADB peg 2022 GDP growth at 5%
Two major multilateral lenders have forecast Cambodia’s economic growth for 2022 at around five per cent, buoyed by bumper export performance earlier in the year, coupled with ongoing policy support and continued tourism recovery, but held back by external pressures associated with Covid-19 and the ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/imf-adb-peg-2022-gdp-growth-5
PPSP back in black in Q1’23 with $5.7m net profit
A surge in land sales has helped tycoon Kith Meng’s Phnom Penh sEZ Plc (PPsP) to return to the black, posting $5.7 million net profit in the first quarter ended March 31 (Q1’23) after suffering a $680,743 net loss a year ago. ss='cambodia-color'>...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-ppsp-back-in-black-in-q123-with-57m-net-profit
Gov’t sticks with 5.6% growth forecast
The government has kept its baseline projection for Cambodia’s economic growth this year at 5.6 percent, which was announced in late January, marking a sharp drop from the 6.6 per cent put forward in October, as the Ukraine conflict and geopolitical unrest caused regional and ss='cambodia-color'>...
May Kunmakara
https://www.phnompenhpost.com/business/govt-sticks-56-growth-forecast
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 ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/cambodian-exports-canada-17-2022
Cambodian agri exports rise 7.8% to 8.6M tonnes
Cambodia formally exported 8.6 million tonnes of agricultural products to 74 markets last year worth nearly $5 billion, up 7.8 per cent from the 7.9 million tonnes booked in 2021, as agriculture contributed 22.2 per cent of the Kingdom’s 2022 gross domestic product (GDP), according ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/business/cambodian-agri-exports-rise-78-86m-tonnes
Anti-Trafficking Initiatives in Southeast Asia with Key Events in Thailand and Cambodia by A21
A21, a global nonprofit organization committed to eradicating human trafficking through awareness, intervention, and aftercare, is proud to announce two landmark events in Pattaya, Thailand, and Cambodia. These initiatives underscore A21’s ongoing dedication to fortifying and expanding anti-trafficking efforts across the southeast Asia region. ss='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501401880/anti-trafficking-initiatives-in-southeast-asia-with-key-events-in-thailand-and-cambodia-by-a21/
The People and Government of China continued providing grant assistances for good seeks of demining activities
Heng Ratana, Director General of CMAC, received Ma Shengkun, Deputy Director General of the Department of ArmS Control, MiniStry of Foreign AffairS of China and CAO Xilin Deputy Director General of Office ArmS Control and International Military Cooperation of ChineSe MiniStry of DefenSe and their SS='cambodia-color'>...
Khmer Times Staff
https://www.khmertimeskh.com/501423757/the-people-and-government-of-china-continued-providing-grant-assistances-for-good-seeks-of-demining-activities/