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Hun Sen leaves for ASEAN Summits in Brunei

Prime Minister Hun Sen left Monday to attend the 23rd ASEAN summit as well as other related meetings in Brunei, said Srey Thamrong, a minister attached to Hun Sen. The summits held from October 9-10 will include the 23rd ASEAN Summit, 16th ASEAN-Japan Summit, 16th ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NWZjNjg3OWRkNDA

Cambodia's Angkor greets 1.57 mln foreign visitors in 9 months

Cambodia’s Angkor Wat temples, one of the world heritage sites, attracted 1.57 million foreign tourists in the first nine of the year, up 6 percent compared with the same period in a year earlier, a tourism report showed Monday. South Korea, China, Vietnam, Japan and Thailand ...

Global Times
http://www.globaltimes.cn/content/817619.shtml#.Ul0inVBgd8E

Cambodia Wants Sinopec to Build Oil Refinery by 2018

Cambodian Prime Minister Hun Sen on Monday urged China Petroleum & Chemical Corporation, or Sinopec Corp, the Asia’s largest oil refining and petrochemical enterprise, to expedite its process to build an oil refinery in Cambodia by 2018, Xinhua reported on October 15, citing a spokesman. ...

Oil and Gas Industry Latest News Staff
http://www.oilandgaseurasia.com/en/news/cambodia-wants-sinopec-build-oil-refinery-2018

Cargo shipments up 16 pct

The volume of cargo shipments going through the Sihanoukville Autonomous Port (PAS), the biggest deep-water port in Cambodia, saw a 16 per cent year-on-year increase in the first nine months of this year, data released by the port on Friday show. About 2.27 million tonnes of ...

May Kunmakara
http://www.phnompenhpost.com/business/cargo-shipments-16-pct

Thai fishing industry under spotlight

Far stricter monitoring of the recruitment and employment of Cambodians and other migrant labourers is needed to ensure the future of the Thai fishing industry, a new study by the International Labour Organization warns. Two and a half per cent of the 241 Cambodians interviewed ...

Abby Seiff
http://www.phnompenhpost.com/national/thai-fishing-industry-under-spotlight

Large number of Chinese firms to join Cambodian expo

Eighty-four Chinese companies would have their products displayed for the first time in Cambodia’s annual Imports and Exports Exhibition to be held in Phnom Penh on Dec. 15-18, officials said Tuesday. Ouprum Vorak, deputy chief of the Trade Promotions Department at Cambodian Ministry of Commerce, said ...

The Global Times News Staff
http://www.globaltimes.cn/content/831400.shtml#.UqfDKNIW2ls

Avis pulling into town

International car rental operator Avis is bringing its brand to Cambodia and Laos, according to a statement released last week from local licensee RMA Group. If the deal is seen through, Avis would be the first global car rental company to compete in the Kingdom. The company ...

Eddie Morton
http://www.phnompenhpost.com/business/avis-pulling-town

Kubota enters Cambodia

Siam Kubota Corporation (SKC), a leading farm truck maker, has partnered with Group Lease to enter the agriculture machine market in Cambodia. Mitsuji Konoshita, chief executive of Group Lease, said the partnership with SKC is a bid to extend leasing service to Kubota’s clients in ...

Nuntawun Polkuamdee
http://www.bangkokpost.com/news/asia/368267/kubota-enters-cambodia

Cambodia’s aviation sector rapidly growing: report

Capitalising on booming travel from Vietnam and China, the domestic aviation sector has enjoyed 18 per cent passenger growth for the second year running, according to a new report, which describes Cambodia as having one of the fastest-growing markets in Southeast Asia. The report, by the ...

Eddie Morton
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-aviation-sector-rapidly-growing-report

Education official promises to repay shortchanged teachers

A technical error caused 57 teachers in Oddar Meanchey province to be shortchanged when collecting overtime salaries, said an education official who promised the problem will be rectified by the end of May. A teachers’ union on Monday asked the Ministry of Education to address some ...

Ben Sokhean
http://www.cambodiadaily.com/news/education-official-promises-to-repay-shortchanged-teachers-58749/

Dreamworld operator sees revenue drop

Entertainment Gaming Asia (EGA), which operates casinos and slot machines in Cambodia and the Philippines, recorded a 9 percent drop in revenue last year compared to 2012, from $26.8 million to $24.3 million, according to the company’s annual report. EGA operates casinos in Pailin and Poipet ...

Simon Henderson
http://www.cambodiadaily.com/business/dreamworld-operator-sees-revenue-drop-53867/

CSX index up 7.25 per cent, $1.25 million in shares traded

Following a bruising first quarter, the Cambodia Securities Exchange (CSX) index has picked up over the last few days after Acleda Bank Plc’s (ABC’s) initial public offering (IPO).​ At Thursday’s close, the index ended 7.25 per cent higher at 793.59 points. Trading volume reached 280,791 ...

May Kunmakara
https://www.phnompenhpost.com/business/csx-index-725-cent-125-million-shares-traded

PM Hun Sen says ‘budget balanced’

PRIME Minister Hun Sen yesterday stated that the Kingdom has brought the budget into balance, with current savings standing at $3.5 billion. The statement was made in response to doubts about whether or not Cambodia is telling the truth when claiming to have up to ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50736883/pm-hun-sen-says-budget-balanced/

Automotive firms hit on imports, exports

COVID-19 has affected the Kingdom’s automotive industry severely, with trade dropping nearly 40 percent compared with the previous year. According to the latest import and export statistics for the first nine months of this year, the volume of automobiles and motorcycles exported dropped by 34.1 ...

Jason Boken
https://www.khmertimeskh.com/50795854/automotive-firms-hit-on-imports-exports/

Cambodia’s Mekong water levels to drop due to power grid maintenance in China

The water outflow at Jinghong hydropower  station in China’s Yunnan province is dropping due to power grid maintenance during 5 – 24 January, leading  to changes  in river water levels along the Mekong River in Thailand, Lao PDR, and Cambodia, according to a press release ...

Heng Panha
https://www.khmertimeskh.com/50801286/cambodias-mekong-water-levels-to-drop-due-to-power-grid-maintenance-in-china/

IMF’s Georgieva: Cambodian economy to grow 4.2% in 2021

International Monetary Fund (IMF) managing director Kristalina Georgieva on April 7 said the Cambodian economy is expected to grow 4.2 percent this year, following a 3.5 percent contraction in 2020, but cautioned that local governments around the world should proceed with prudential policies and proactive ...

May Kunmakara
https://www.phnompenhpost.com/business/imfs-georgieva-cambodian-economy-grow-42-2021

PM allots more aid to border

Prime Minister Hun Sen has allotted an additional 1.5 billion riel ($368,000) to four provinces bordering Thailand for support of returning migrants in quarantine. Meanwhile, more than 7,000 people have been vaccinated against Covid-19 in the first five days of the campaign by the ministries of ...

Mom Kunthear
https://www.phnompenhpost.com/national/pm-allots-more-aid-border

New business activity ongoing despite Coronavirus challenges

Five new factories worth $20.5 million have been approved to be established this month, according to the Council for the Development of Cambodia (CDC). The CDC’s investment committee issued a registration certificate to the companies operating the factories on April 13. About 3,700 jobs are ...

Brian Badzmierowski
https://www.khmertimeskh.com/50840963/new-business-activity-ongoing-despite-coronavirus-challenges/

HPV vaccine integrated into nat’l immunisation schedule

Cambodia commenced a nationwide immunisation effort on October 5 to combat cervical cancer. Free vaccinations are provided to girls aged nine and above. The one-dose human papillomavirus (HPV) vaccine is now integrated into the national immunisation schedule. ...

Neang Sokunthea
https://phnompenhpost.com/national/hpv-vaccine-integrated-natl-immunisation-schedule

Naga 3 pushed back till Sept 2029

Hong Kong-listed casino operator and developer NagaCorp Ltd, known for its flagship NagaWorld integrated resort in Phnom Penh, on June 4 announced that it has moved the $3.5 billion Naga 3 project’s planned completion date from September 30, 2025 to exactly four years later, in ...

May Kunmakara
https://www.phnompenhpost.com/business/naga-3-pushed-back-till-sept-2029

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