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Cambodia, Iran hold 1st political consultation

Cambodia and Iran on Wednesday held the first political consultation with an aim of enhancing bilateral ties and cooperation. The meeting was co-chaired by Cambodia’s Foreign Secretary of State Long Visalo and Iran’s visiting Deputy Foreign Minister Ebrahim Rahimpour. ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/150318/cambodia-iran-hold-1st-political-consultation

Kantha Bopha hospitals get another $1 million

The Cambodian government donated $1 million to Kantha Bopha Children’s Hospitals on July 18, said Minister of Health Mam Bunheng. The donation came to the free outpatient medical institution as it’s facing a budget shortfall.   ...

http://www.phnompenhpost.com/index.php/2012071957508/National-news/kantha-bopha-hospitals-get-another-1-million.html

Visitors to Cambodia up 14.1% through July

The number of foreign visitors arriving in Cambodia jumped 14.1 percent to about 16.2 million in the first seven months of this year compared to the same period last year, according to data released Friday by the Tourism Ministry. Vietnam accounted for the largest number of ...

Cambodian Per Capita GDP To Touch $1,000

Echoing remarks made by Cambodian Prime Minister Hun Sen earlier last week, economic experts agreed that the country’s gross domestic product (GDP) per capita would reach US$ 1,000 ( Bt30,377) this year, up from the estimated $900 at the end of 2011. Managing director of Acleda ...

http://www.nationmultimedia.com/business/Cambodian-per-capita-GDP-to-touch-$1000-30176744.html

World Bank approves $1 billion in development assistance

The World Bank has officially approved the disbursement of $1 billion to develop priority sectors in Cambodia, the Ministry of Economy and Finance announced Monday. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50643974/world-bank-approves-1-billion-in-development-assistance/

CDC approves $1.8B investment this year

The Cambodia Development Council (CDC) has approved more than $1.8 billion in investment projects during the first six months of this year, research by The Post has shown. According to its calculations, the CDC’s data shows that during the period from January to this week, ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-approves-18b-investment-year

Dengue cases hit 1,000-mark in 2019

More than 1,000 cases of dengue fever have been reported so far this year, a number similar to that reported over the same period last year, said Leang Rithea, the dengue control programme manager at the National Centre for Parasitology, Entomology and Malaria Control. Rithea ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/dengue-cases-hit-1000-mark-2019

Alcohol, cigarette tax to increase on April 1

The General Department of Taxation has asked alcohol and cigarette firms to implement proposed increases in special tax on their products, as per a subdecree issued last December. ...

Post Staff
http://www.phnompenhpost.com/business/alcohol-cigarette-tax-increase-april-1

ADB: GDP to grow 7.1% in 2017

The latest report from the Asian Development Bank (ADB) describes Cambodia’s economic situation in 2016 as “broadly as expected,” as it predicts a slight increase in economic growth of 0.1 percent, to 7.1 percent. Released yesterday, the update to its annual “Asian Development Outlook” for 2016 ...

May Kunmakara
http://www.khmertimeskh.com/news/30245/adb--gdp-to-grow-7-1--in-2017/

CSX listed companies show good Q1 results

Two listed state-owned enterprises – Phnom Penh Water Supply Authority (PPWSA) and Phnom Penh Autonomous Port (PPAP) showed better results in the first quarter of the year due to a rise in revenue.   ...

May Kunmakara
http://www.khmertimeskh.com/news/38598/csx-listed-companies-show-good-q1-results/

Number of building projects up in 1H

The number of construction projects approved in Cambodia during the first half of the year increased 28 percent compared with the same period last year, amounting to a total value of around $4.9 billion, according to the latest figures from the Ministry of Land Management, ...

Hor Kimsay
http://www.phnompenhpost.com/business/number-building-projects-1h

Japanese investment worth $1.6 billion in 2017

With over 130 registered projects in banking, manufacturing, agriculture, service and infrastructure, among other sectors, Japanese investment in the kingdom was valued at $1.6 billion in 2017, according to the Council for the Development of Cambodia (CDC). ...

Chea Vannak
http://www.khmertimeskh.com/50109243/japanese-investment-worth-1-6-billion-2017/

Investment in extractive industry worth 1.3 billion

Foreign direct investment (FDI) in the extractive industry, including some projects expected to be approved before the end of the year, now equals $1.3 billion, making it one of the most valuable economic sectors in the kingdom, according to data from the Ministry of Mines ...

Chea Vannak
http://www.khmertimeskh.com/50112148/investment-in-extractive-industry-worth-1-3-billion/

Smart posts Q1 growth despite stiff competition

Cambodian telecom Smart Axiata retained healthy growth in the first quarter, with revenue rising 17 percent year-on-year to 318,000,000 ringgit ($74.5 million), fuelled by data monetisation and effective cost management despite aggressive price competition by other telecommunication players, according to financials released by Malaysian parent ...

Post Staff
http://www.phnompenhpost.com/business/smart-posts-q1-growth-despite-stiff-competition

Japan Provides US$1.22 Million to ECCC

The Government of Japan has recently disbursed an amount of US$1,221,818 as its 2017 Fiscal Year contribution to the United Nations component of the Extraordinary Chambers in the Courts of Cambodia (ECCC). ...

Khan Sophirom
http://www.akp.gov.kh/?p=106960

1,000 Phnom Kulen families to be relocated

A group of about 1,000 families living in Siem Reap province’s Phnom Kulen National Park will be relocated to prevent them from continuing an environmentally detrimental trend of clearing land, building homes, selling and repeating, the environment minister said on Thursday. ...

Aun Pheap
https://www.cambodiadaily.com/news/1000-phnom-kulen-families-to-be-relocated-131679/

Prasac borrows $1.5m from German company

Assets of Cambodian Microfinance Institution Prasac reached US$210 million with the combination of newly borrowed $15 million from Germany’s Deg-Deutsche Investitions Und Entwicklungsellschaft Mbh (DEG), officials said during the signing ceremony. The seven-year agreement at an annual interest rate of 5.5 per cent would help Prasac ...

http://www.phnompenhpost.com/index.php/2012083058374/Business/prasac-borrows-15m-from-german-company.html

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