Investment in construction crumbles under pandemic
The global health crisis caused by the Covid-19 outbreak has dragged down investment in the Cambodian construction sector, which had shown positive signs for several years in a row. ...
Hin Pisei
https://www.phnompenhpost.com/post-property/investment-construction-crumbles-under-pandemic
World Bank gives key recommendations for Cambodia’s economic recovery
The blow to Cambodia’s economy from the COVID-19 pandemic was among the most pronounced in East Asia, but the country can regain sustained economic growth by increasing productivity among firms and workers, diversifying exports, and taking steps to boost domestic investment, the World Bank says ...
Khmer Times Staff
https://www.khmertimeskh.com/501016942/world-bank-gives-key-recommendations-for-cambodias-economic-recovery/
Unions looking for place within SEZ boundaries
Since just before the pandemic started, Chhoum Phen has changed his job more than five times within Hi-Tech Apparel, the garment factory he has worked at for more than five years. ...
Danielle Keeton-Olsen and Yon Sineat
https://vodenglish.news/unions-looking-for-place-within-sez-boundaries/
Hong Kong eyes Cambodia as prime business partner
In a meeting with Cambodian business sector representatives, Hong Kong Secretary for Commerce and Economic Development, Algernon Yau, promoted Hong Kong’s business opportunities. ...
Khmer Times Staff
https://www.khmertimeskh.com/501153477/hong-kong-eyes-cambodia-as-prime-business-partner/
Chinese firm set to invest $300M into S’ville SEZ’s largest tyre plant
Chinese company “Jiangsu General Science Technology Co Ltd” has invested nearly $300 million to build the largest tyre factory in the Sihanoukville Special Economic Zone (SSEZ), according to Beijing’s embassy in Phnom Penh. ...
Hom Phanet
https://www.phnompenhpost.com/business/chinese-firm-set-invest-300m-sville-sezs-largest-tyre-plant
Guidelines finalized for child workers in fisheries sector
The government on Friday finalized guidelines aimed at reducing the number of children who work in the fisheries sector and do not attend school, the Ministry of Agriculture and Fisheries and the NGO World Vision said in a statement. World Vision said the guidelines, which it ...
Denise Hruby
http://www.cambodiadaily.com/news/guidelines-finalized-for-child-workers-in-fisheries-sector-54260/
Group claims suit against rights worker is intimidation
The international watchdog Frontline Defenders has called on Cambodian authorities to drop a defamation lawsuit against a prominent human rights worker. Ny Chakrya, head of legal assistance for the rights group Adhoc, is facing a suit filed by two court officials in Siem Reap province last ...
Hul Reaksmey
http://www.voacambodia.com/content/group-claims-suit-against-rights-worker-is-intimidation/2850618.html
Thai-Cambodian border trade still normal
Despite the disputed territory near Phra Viharn Temple, Thai-Cambodian border trade is still normal as 150,000 billion baht cash flow is expected by the end of 2013. According to the Thai Chamber of Commerce (TCC), border trade along the disputed area around Phra Viharn Temple ...
Thailand National News Bureau Staff
http://thainews.prd.go.th/centerweb/newsen/NewsDetail?NT01_NewsID=WNECO5610270010002
Sub-Decree aims to better regulate pharmacies
Prime Minister Hun Sen has signed a sub-decree to better regulate pharmacies, a business fraught with fake drugs and fake diplomas. The new sub-decree of the Pharmacists’ Code of Ethics contains 71 articles. They ban distribution of fake drugs and the use of titles not ...
Kuch Naren
http://www.cambodiadaily.com/news/sub-decree-aims-to-better-regulate-pharmacies-55138/
Banks spared flooding woes
Cambodia’s banks should be largely spared the heavy damages already seen in many parts of the Kingdom’s economy, officials said yesterday, though microfinance lenders will feel some impact. Minister of Economy and Finance Keat Chhon last week revised downward the government’s gross domestic products for 2011 ...
http://www.phnompenhpost.com/index.php/2011101952199/Business/banks-spared-flooding-woes.html
Cambodian-Thai delegation visits cross-border railway site
A Cambodian-Thai delegation visited the cross-border railway site in Stung Bot Wednesday to examine the old line and a metal bridge which is being replaced, officials said. In addition to Stung Bot, where a new international border crossing is planned for Banteay Meanchey province, the officials ...
Cambodia, Vietnam pledge to further enhance ties, cooperation
Cambodia and Vietnam vowed on Tuesday to further strengthen and expand friendship and cooperation for the benefits of the two countries and peoples. Koy Kuong, spokesman for the Cambodian Ministry of Foreign Affairs, said the two ministers agreed to increase cooperation in economics, trade, investment, ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=199661
Thai tourism threatened by coup; effect on Cambodia uncertain
Thailand’s Tourism Ministry has been biting its nails since the country’s military declared a coup on Thursday and imposed a nighttime curfew, but a Cambodian official said Sunday that it is too soon to say whether the lock-down will have a knock-on effect on tourism ...
Simon Henderson and Hul Reaksmey
http://www.cambodiadaily.com/news/thai-tourism-threatened-by-coup-effect-on-cambodia-uncertain-59558/
Ten new projects to create more than 8,000 jobs: CDC
The Council for the Development of Cambodia (CDC) notices issued month-to-date reveal that it has greenlit 10 new projects worth nearly $50 million, mostly involved in garments, footwear and packaging. ...
May Kunmakara
https://www.phnompenhpost.com/business/ten-new-projects-create-more-8000-jobs-cdc
Appeal Court Upholds Guilty Verdict in Land Dispute
The Appeal Court on Tuesday upheld its own previous guilty verdict against a farmer from Kompong Chhnang province for defaming KDC, the agri-business firm owned by Chea Kheng, the wife of Industry, Mines and Energy Minister Suy Sem. Pheng Rom is a member of one ...
PM to open investment conference
Prime Minister Hun Sen will open Cambodia’s International Investment Conference in Phnom Penh later this year, the International Business Chamber of Cambodia (IBC) said in a statement yesterday. To be held over two days, the event will take place at the Intercontinental Hotel in Phnom Penh, ...
Daniel de Carteret
http://www.phnompenhpost.com/business/pm-open-investment-conference
Food, beverage imports rise
Cambodia spent about $200 million on food and beverage imports to supply the domestic market last year – an increase of more than 10 per cent from the previous year, official data from the Ministry of Commerce show. Government officials and representatives of the private sector ...
http://www.phnompenhpost.com/2013021361334/Business/food-beverage-imports-rise.html
Tourism board mulling fresh tourism strategy
Cambodia Tourism Marketing and Promotion Board, a joint institution between the government and the private sector, is studying a new strategy to attract more foreign visitors to the Kingdom, Minister of Tourism Thong Khon said. ...
Hin Pisei
https://www.phnompenhpost.com/business/tourism-board-mulling-fresh-tourism-strategy
Cambodia launches tourism marketing, promotion board
According to a Ministry of Tourism statement on Sunday, Cambodia has launched a tourism marketing and promotion board, aiming to promote the tourism sector to international markets. ...
Khmer Times Staff
https://www.khmertimeskh.com/501515189/cambodia-launches-tourism-marketing-promotion-board/
New agreements to bolster intelligence, investment ties with Russia
Cambodia and Russia will sign a package of six agreements between the two countries, including on investment, and money laundering cooperation among political parties. ...
Cheang Sokha
http://www.khmertimeskh.com/news/17960/new-agreements-to-bolster-intelligence--investment-ties-with-russia/