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
Unions Demand Global Brands Help Workers Losing Income during Lockdown
Workers’ unions and civil society groups called on well-known fashion brands to do more to help Cambodian workers affected by the COVID-19 pandemic. This came after a new report stated that Cambodian garment sector workers had lost millions in wages during the lockdown from April ...
Lay Sopheavotey
https://cambodianess.com/article/unions-demand-global-brands-help-workers-losing-income-during-lockdown
Only 377 NagaWorld Workers Still Holding Out Against Layoffs: Union
In a move a labor group said was unprecedented, NagaWorld is calling on governmental labor inspectors to authorize the dismissal of a group of union leaders as part of the casino’s mass layoffs, overriding the legal protections unionists enjoy unless they have committed serious offenses, ...
Tran Techseng
https://vodenglish.news/only-377-nagaworld-workers-still-holding-out-against-layoffs-union/
ASEAN Online Sale Day 2021 slated for August 8-10
ASEAN countries are preparing for the ASEAN Online Sale Day 2021, which is slated for August 8-10. Comprising two tiers for domestic and cross-border transactions, this year’s programme will be co-chaired by Brunei, which is chair of ASEAN in 2021, Singapore and Vietnam. ...
Asia News Network
https://www.phnompenhpost.com/business/asean-online-sale-day-2021-slated-august-8-10
Best, Cainiao launch China logistics service
Best Inc, a Chinese smart supply chain solutions and logistics services provider, on August 2 rolled out a “full-chain, direct logistics service” to send packages from China to Cambodia, Thailand and Vietnam, it said in a press release. ...
Thou Vireak
https://www.phnompenhpost.com/business/best-cainiao-launch-china-logistics-service
Officials meet with their EU counterparts to talk recovery
Senior government officials and European counterparts met last Friday to discuss Cambodia’s economic plan. New trade policies to help the Kingdom recover from the pandemic were the focus of the conversation as well as the World Trade Organization’s role in shaping the post-pandemic recovery. ...
Husain Haider
https://www.khmertimeskh.com/50896690/officials-meet-with-their-eu-counterparts-to-talk-recovery/
NBC unveils economic database
The National Bank of Cambodia (NBC) has announced the launch of an online test of the Macroeconomic Surveillance Database System (MSDS) to monitor the macroeconomic and financial situation of the Kingdom and provide meaningful data for analysis, to be implemented with the technical assistance of ...
Hin Pisei
https://www.phnompenhpost.com/business/nbc-unveils-economic-database
Boeng Tompun canal cleared of waste to prevent flooding
More than 2,500 trucks of garbage and overgrown grass, equivalent to 12,050 cubic metres, were removed following four months of restoration work on the almost four-kilometre-long Boeng Tompun canal, which was built to prevent flooding in five Phnom Penh districts. ...
Mao Chanvireak
https://www.khmertimeskh.com/50903527/boeng-tompun-canal-cleared-of-waste-to-prevent-flooding/
NBC: Financial institutions in H1 restructure $5.5 billion in loans
The Kingdom’s banking and financial institutions have restructured 22.2 trillion riel ($5.5 billion) in loans for 367,239 borrowers in the first half of this year, to ease the burden on the public as the ongoing coronavirus outbreak dampens economic activity, according to the National Bank ...
Thou Vireak
https://phnompenhpost.com/business/nbc-financial-institutions-h1-restructure-55-billion-loans
The long (and short) of the latest news from the nation’s two leading ports
Last week saw the release of the Sihanoukvile Autonomous Port’s (PAS) Q2 2021 financial report as well as an unaudited revenue report from the Phnom Penh Autonomous Port detailing results for the first seven months of 2021.203; ...
Chea Vanyuth
https://www.khmertimeskh.com/50916492/the-long-and-short-of-the-latest-news-from-the-nations-two-leading-ports/
Drought damages nearly 68,000ha of rice
Minister of Agriculture, Forestry and Fisheries Veng Sakhon said up to 67,942ha of rice crop, or 2.56 per cent of the total paddy fields cultivated across the country, had been affected by drought. ...
Mom Kunthear
https://www.phnompenhpost.com/national/drought-damages-nearly-68000ha-rice
CMAA continues to clear the Kingdom of landmines and ERWs
Senior Officials of the Cambodian Mine Action and Victim Assistance Authority (CMAA) highlighted yesterday that from 2018 to 2020, around 421 square kilometres of contaminated land containing landmines and Explosive Remnants of War (ERW) was cleared, benefitting around 2 million people.203; ...
Sen David
https://www.khmertimeskh.com/50923171/cmaa-continues-to-clear-the-kingdom-of-landmines-and-erws/
Sihanoukville canal families given 15 days to dismantle
The Preah Sihanouk Provincial Administration has given 31 families 15 days from September 6 to remove structures built on land next to the O2 canal and issued a warning for non-compliance. ...
Nov Sivutha
https://www.phnompenhpost.com/national/sihanoukville-canal-families-given-15-days-dismantle
Customs rakes in $1.52B in 8 months
Cambodia generated $1.520 billion in customs revenue in the first eight months of this year, equivalent to 64.2 per cent of the target set by the Law on Financial Management for 2021, despite the ongoing Covid-19 crisis. ...
May Kunmakara
https://www.phnompenhpost.com/business/customs-rakes-152b-8-months
UPF: Hun Sen a ‘role model’ for world leaders
The South Korea-based Universal Peace Federation (UPF) said Prime Minister Hun Sen should be a role model for world leaders because of Cambodia’s successful Covid-19 vaccination drive which has seen over 90 per cent of the target population aged 6 and older vaccinated. ...
Mom Kunthear
https://www.phnompenhpost.com/national/upf-hun-sen-role-model-world-leaders
Industry ministry rolls out KhmerSME information portal
The Ministry of Industry, Science, Technology and Innovation has rolled out the KhmerSME website to provide micro-, small- and medium-sized enterprises (MSME) access to comprehensive business information, as well as ASEAN and global markets. ...
May Kunmakara
http://phnompenhpost.com/business/industry-ministry-rolls-out-khmersme-information-portal
Singapore goods flood Cambodian shores
Bilateral trade between Cambodia and Singapore totaled $4.37 billion in the first 10 months of 2021, a 51.27 per cent year-on-year surge from $2.89 billion, as reported by the Ministry of Commerce, despite Covid-related disruptions to manufacturing supply chains. ...
Hom Phanet
https://www.phnompenhpost.com/business/singapore-goods-flood-cambodian-shores
Health ministry, WHO Cambodia all set for Omicron variant Q&A
The Ministry of Health and the World Health Organisation (WHO) in Cambodia will hold a joint press conference on December 9 to update the Kingdom on the SARS-CoV-2 coronavirus variant Omicron. ...
Mom Kunthear
https://www.phnompenhpost.com/national/health-ministry-who-cambodia-all-set-omicron-variant-qa