Poverty reduction a mixed success, as countryside rates remain high
Cambodia’s efforts to eradicate extreme poverty and hunger have yielded mixed results, despite the government’s claim it has reduced the poverty rate ahead of a UN deadline. But many people remain near the poverty line, vulnerable to natural disasters, such as flooding, that could put ...
Men Kimseng,
http://www.voacambodia.com/content/poverty-reduction-a-mixed-success-as-countryside-rates-remain-high/2640700.html
Thousands of workers go on strike in Prey Veng
Some 3,000 workers protested in front of a garment factory in Prey Veng province Monday, calling for larger bonuses and better working conditions, according to unionists and factory representatives. Employees of the Chinese-owned Komchay Mear Trading factory, which produces clothing for U.S. brand Gap, have been ...
Ben Sokhean
http://www.cambodiadaily.com/news/thousands-of-workers-go-on-strike-in-prey-veng-68069/
CamKo struggles to move beyond crash
From the start, the project seemed impossibly ambitious: A $2-billion South Korean satellite city—complete with condominiums, office space, luxury villas, a shopping mall, health clinics, banks and an airport—on the outskirts of Phnom Penh. Claiming the land was not properly appraised, and that the decision ...
George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/camko-struggles-to-move-beyond-banks-collapse-71320/
SIM card and internet users rise
More than 2.54 million SIM cards were registered during the first 10 months of the year while the number of mobile internet users grew by 3.3 million, according to the latest report from the Telecommunications Regulator of Cambodia (TRC).203; ...
Chea Vannak
https://www.khmertimeskh.com/50673387/sim-card-and-internet-users-rise
Gasoline prices down by over a third
According to a data graphic from the Ministry of Commerce released on Thursday, regular petrol went from 3,550 riel ($0.88) to 2,250 riel ($0.56) per litre, representing a 36.6 percent decrease.203; ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50714010/gasoline-prices-down-by-over-a-third/
Renaissance Minerals hits near surface, high grade gold at Okvau in Cambodia
Renaissance Minerals (ASX: RNS) should trade higher after revealing impressive follow-up drilling results from its Okvau gold project in Cambodia. Notable results included 6 metres at 9.49 grams per tonne gold from 9 metres, and 8 metres at 5.95 grams per tonne gold from 61 metres. These results ...
Proactive Investors News Staff
http://www.proactiveinvestors.com.au/companies/news/52658/renaissance-minerals-hits-near-surface-high-grade-gold-at-okvau-in-cambodia-52658.html
Regional dams threat to fish: study
Thirteen percent of more than 2,500 freshwater species of fish, crabs and plants profiled across the region are under threat of extinction, a report released on Wednesday says. According to an International Union for Conservation of Nature study of freshwater biodiversity in the “Indo-Burma” region, which includes Cambodia, ...
http://www.phnompenhpost.com/index.php/2012082458270/National-news/regional-dams-threat-to-fish.html
Telcos still vie for subscribers
The battle for subscriber numbers rages on in the still-clustered Cambodian mobile market. Smart Mobile this week announced it passed the 3 million-subscriber mark, which would make it Cambodia’s second-largest operator by subscriber numbers after Vietnam’s Metfone. Numbers obtained by the Post showed Cellcard with a consecutive ...
http://www.phnompenhpost.com/index.php/2012061456789/Business/telcos-still-vie-for-subscribers.html
Cambodia’s garment, footwear sectors propose EU postpone EBA withdrawal
The Garment Manufacturers Association in Cambodia (GMAC), the Cambodia Footwear Association (CFA) and the European Chamber of Commerce in Cambodia (EuroCham) on June 2 requested the European Commission to postpone its withdrawal of the ‘Everything But Arms’ (EBA) preferential trade scheme for 12 months so ...
Khmer Times Staff
https://www.khmertimeskh.com/50730205/cambodias-garment-footwear-sectors-propose-eu-postpone-eba-withdrawal/
Cambodia and China set to sign Mekong-Lancang Fund agreement
Foreign Affairs Minister Prak Sokhonn and Wang Wentian, Chinese Ambassador to Cambodia are scheduled to sign the 7.2-million agreement on the cooperation projects of the Mekong-Lancang Cooperation Special Fund at the ministry today, according to the Foreign Affairs Ministry statement. ...
Khann Chanvirak
https://www.khmertimeskh.com/50736925/cambodia-and-china-set-to-sign-mekong-lancang-fund-agreement/
NGOs: Stop oppressing journalists and limiting free speech
A joint statement released on November 2 by a group of 57 NGOs called for the government to stop silencing journalists and media outlets and release journalists who they believe were unfairly arrested.203; ...
Niem Chheng
https://www.phnompenhpost.com/national/ngos-stop-oppressing-journalists-and-limiting-free-speech
MFI credit risk relatively low, NBC’s Serey says
On the basis that non-performing loans stood around 2.3 percent as of August 31, 2020, credit risk in the microfinance sector remains relatively low, said National Bank of Cambodia assistant governor and director-general Chea Serey. ...
Sangeetha Amarthalingam
https://www.phnompenhpost.com/business/mfi-credit-risk-relatively-low-nbcs-serey-says
Fishery crimes down this year
During the first 10 months of this year, there were 2,279 cases of fishery offences reported, 312 less than the same period last year, according to the Fisheries Administration. Of the number, 187 occurred at sea while the rest occurred on freshwater. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/fishery-crimes-down-year
Koh Kong police break up protest, arrest four
Koh Kong police dispersed a protest in front of the provincial hall around 2am on Tuesday, removing tents and arresting four protestors. The protesters set up tents in front of the provincial hall on Monday in an effort to accelerate a solution. ...
Khorn Savi
https://www.phnompenhpost.com/national/koh-kong-police-break-protest-arrest-four
Government allocates over $31 million more for IDPoor scheme
The government has deposited more than $31 million to Wing agents nationwide to provide for the third round of payments for the IDPoor equity card scheme, set to benefit nearly 700,000 poor and vulnerable families, equivalent to 2.8 million people. ...
https://www.khmertimeskh.com/50776774/government-allocates-over-31-million-more-for-idpoor-scheme/
https://www.khmertimeskh.com/50776774/government-allocates-over-31-million-more-for-idpoor-scheme/
Tax collection near $3B in 2020
The Minister of Economy and Finance’s General Department of Taxation (GDT) collected 11.70052 trillion riel ($2.87 billion) in tax revenue last year, up 423.20 billion riel or 3.73 per cent compared to 2019, it said in a January 11 press release. ...
Hin Pisei
https://www.phnompenhpost.com/business/tax-collection-near-3b-2020
Exports to South Korea increase for two consecutive months
Data from the Korean International Trade Association showed that during January and February Cambodia exported about $64 million of products to the east Asian country, an increase of over 2.9 percent compared with the same period last year. ...
Chea Vanyuth
https://www.khmertimeskh.com/50826608/exports-to-south-korea-increase-for-two-consecutive-months/
Chinese tourists to Kingdom slip 86% in Covid-hit 2020
Chinese tourist arrivals to the Kingdom plummeted 86 percent last year to 329,673 compared to 2,361,849 in 2019 amid global uncertainty concerning the potential impact of the novel coronavirus, according to Ministry of Tourism data. ...
Hin Pisei
https://www.phnompenhpost.com/business/chinese-tourists-kingdom-slip-86-covid-hit-2020
Phnom Penh Autonomous Port maintains growth in Q1
Locally-listed Phnom Penh Autonomous Port (PPAP) reported $7,770,742 in revenue for the first quarter of 2021, up 2.19 percent over the $7,603,877 posted in the corresponding period last year. ...
Hin Pisei
https://www.phnompenhpost.com/business/phnom-penh-autonomous-port-maintains-growth-q1
CDC greenlights five projects worth $1.3B
The government on March 26 approved five new investment projects worth about $1.3 billion and expected to absorb 2,250 workers, even amid a dramatic escalation in the ASEAN member’s fight against the spread of the Covid-19 disease. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-greenlights-five-projects-worth-13b