Cambodia’s export to other RCEP members sharply up in 10 months
Cambodia exported $6.45 billion worth of products to the Regional Comprehensive Economic Partnership (RCEP) member countries in the first 10 months of 2023, up 26.5 percent from the same period last year, said a Ministry of Commerce’s report on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501402629/cambodias-export-to-other-rcep-members-sharply-up-in-10-months/
Loans offered to struggling tourism Siem Reap businesses
The government is offering tourism-related businesses in Siem Reap struggling from the slow tourist rebound a share of a $50 million pot of loans to keep operations afloat, however, concerns have been raised that the 6.5 percent interest rate may be too high for some. ...
Yatt Malai
https://kiripost.com/stories/loans-offered-to-struggling-tourism-siem-reap-businesses
NEC addresses equity principles as Senate election draws nearer
National Election Committee (NEC) deputy secretary-general Mok Dara met on January 15 with representatives from four political parties. The focus was on sharing insights into equity principles for parties, policies and political programmes during the upcoming 5th Senate election campaign, scheduled from February 10-23. ...
Kim Yutharo
https://www.phnompenhpost.com/national/nec-addresses-equity-principles-as-senate-election-draws-nearer
Cambodia’s rubber exports rise by 123 percent
Amid the fall in global demand, Cambodia earned $121 million from the exports of rubber articles in the first month of this year, an increase of 123.5 percent compared to the same period last year, according to the latest trade data of the General Department ...
Manoj Mathew
https://www.khmertimeskh.com/501440080/cambodias-rubber-exports-rise-by-123-percent/
Growth opportunities for Cambodian SMEs in securities market
Small and medium-sized enterprises (SMEs) in Cambodia can unlock significant growth opportunities by accessing the securities market, a concept explored in detail during a seminar co-organised by the Securities and Exchange Regulator of Cambodia (SERC), APM (Cambodia) Securities Co Ltd and Asset Pro Management Co ...
Hong Raksmey
https://www.phnompenhpost.com/business/growth-opportunities-for-cambodian-smes-in-securities-market
Logging in the wild west
Illegal logging of staggering proportions abetted by military personnel is decimating stocks of luxury rosewood in the Central Cardamom Protected Forest, while the conversation group tasked with protecting the area and its government counterparts deny the trade is even happening. In a period of several hours ...
http://www.phnompenhpost.com/index.php/2011122153536/National-news/logging-in-the-wild-west.html
Duty-Free Sugar Exports to EU Hit $13 Million
The European Union (E.U.) last year continued to import millions of dollars worth of duty-free sugar from Cambodian plantations that have forced hundreds of families off their land despite calls from European lawmakers for the trade benefits to end, according to the latest E.U. data. Thailand’s ...
http://www.cambodiadaily.com/news/duty-free-sugar-exports-to-eu-hit-13-million-18114/
Thai company shelves Kampot cement project
Thailand’s second-largest cement company has suspended a cement-plant project valued at about $200 million in Kampot province because of political uncertainty and better investment opportunities in Myanmar, according to a senior executive. Philippe Arto, the managing director of Siam City Cement Public Company Limited (SCCC), said ...
Rann Reuy and May Kunmakara
http://www.phnompenhpost.com/business/thai-company-shelves-kampot-cement-project
Taking Count of Cambodia’s Flying Fox Bats
At around 6 p.m. in Phnom Penh each evening, about 5,000 large brown bats, having spent the day dangling upside down from a tree at Wat Phnom, spread their huge wings and fly out to begin their nightly search for fruit. And as useful and ...
Denise Hruby
http://www.cambodiadaily.com/news/taking-count-of-cambodias-flying-fox-bats-45421/
Cambodian ambassador speaks highly of mutual exchanges with Vietnam
This year, the Cambodian people celebrate their 60th National Day as well as the birthday of the Cambodia Kingdom’s royal army under the bright leadership of King Norodom Sihanouk, who relentlessly struggled against the French colonialists to gain independence (09-11-1953 – 09-11-2013). In 2010, Father ...
Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NTQ0YTNhY2QzOTQ
Project Aims to Make Subsistence Farms Profitable
BATI DISTRICT, Takeo province – At a farming school here last week, 150 poor agricultural workers gathered to celebrate graduating a two-month training course. The new group of educators will now set out with their newly acquired skills to help transform the country’s poorest rural ...
http://www.cambodiadaily.com/news/project-aims-to-make-subsistence-farms-profitable-39081/
At the Neak Leung Ferry Terminal, Bribes Pay the Way
Every year, tens of thousands of people cross the Mekong River from Kandal to Prey Veng province to celebrate the Pchum Ben festival with their families. For some, queuing at the Neak Leung ferry terminal breathing in the exhaust fumes of thousands of vehicles can ...
Matt Blomberg and Mech Dara
http://www.cambodiadaily.com/news/at-the-neak-leung-ferry-terminal-bribes-pay-the-way-44330/
Cambodia’s parliament OKs dam compensation plan
Cambodia’s energy minister allayed concerns in parliament over inadequate compensation offered to villagers who face relocation for a proposed China-backed dam on a Mekong River tributary, saying the government has allocated to villagers more than four times the area taken over for the project. Minister of ...
Joshua Lipes
http://www.rfa.org/english/news/cambodia/dam-06192014195419.html
Ministry of Environment decides to move office again
The Ministry of Environment will relocate its offices to a plot of land near NagaWorld Hotel and Casino in Phnom Penh’s Chamkar Mon district after its planned new headquarters in Meanchey district were declared too far from the city’s center by the new environment minister, ...
Khy Sovuthy
http://www.cambodiadaily.com/news/ministry-of-environment-decides-to-move-office-again-53144/
Aeon microfinance booms with mall on horizon
When Sor Songheng, a manager for an accountancy firm, wanted to replace his cheap Nokia phone a few months ago, he set his heart on a top-of-the-line iPhone 5S worth $780—nearly his entire monthly salary of $800. But instead of scrimping and saving for months to ...
George Styllis
http://www.cambodiadaily.com/news/aeon-microfinance-booms-with-mall-on-horizon-58122/
Development of mega-airport continues, despite opposition by locals
Families who have to make way for Phnom Penh’s new mega airport are refusing to relocate to land set aside for them, and are demanding more monetary compensation for what they’re being forced to vacate. ...
Sorn Sarath and Seoung Nimol
https://cambojanews.com/development-of-mega-airport-continues-despite-opposition-by-locals/
Poverty policy and regulation
As a fast-developing nation, Cambodia has always found poverty one of its main challenges. The Rectangular Strategy states that eradicating poverty has long been one of the Royal Government of Cambodia’s (RGC’s) highest priorities.1 Since the country’s first major post-civil war election in 1993, Cambodia ...
Bank Says No Railway Evictee To Be Left Behind
The Asian Development Bank announced yesterday that the organizations behind the rehabilitation of Cambodia’s railways, including the government and the Australian development agency, have jointly pledged to address the complaints of people facing eviction from dwellings across the rail lines. The Australian government provided ...
CPP Senator’s Sugar Plantation Land Dispute Case Goes to Trial
Describing a 5,000-hectare land dispute between Koh Kong villagers and a sugar company owned by CPP Senator Ly Yong Pgat as “a complicated case,” Koh Kong Provincial Court has decided to try it before a three-judge panel, a lawyer for the villagers said yesterday. The ...
Hun Sen rebukes World Bank
Prime Minister Hun Sen yesterday rebuked the World Bank for revising downward its outlook for gross domestic product growth in the Kingdom, claiming the bank’s projections could cause market panic. The premier also announced a new government projection of 6.4 per cent GDP growth this year, ...
http://www.phnompenhpost.com/index.php/2011112452947/Business/hun-sen-rebukes-world-bank.html