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Press statement: “The report exposes a double standard in the US practice,” stated the Foreign Ministry’s Spokesperson

On 23 March 2023, the Ministry of Foreign Affairs and International Cooperation has posted a press statement of the foreign Ministry’s spokesperson on the report exposes a double standard in the US practice on their official website. According to the press statement, the Foreign Ministry’s spokesperson ...

Ministry of Foreign Affairs and International Cooperation

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UN Rights Envoy Subedi Vows to Continue Work in Cambodia

U.N. human rights envoy Surya Subedi on Wednesday wrapped up his appearance before the Human Rights Council in Geneva with a vow to continue assisting Cambodia in improving its judicial system as NGOs provided withering testimony of the situation of rights in the country. A dialogue ...

Lauren Crothers
http://www.cambodiadaily.com/news/un-rights-envoy-subedi-vows-to-continue-work-in-cambodia-43410/

Protesters Stop Try Pheap Tractor From Clearing Land in Preah Vihear

More than 100 people on Thursday protested and stopped a bulldozer belonging to businessman Try Pheap from clearing their land next to a rubber plantation he owns in Preah Vihear’s Rovieng district, villagers and local officials said. Oeun Sitha said he was among more than 100 ...

Aun Pheap
http://www.cambodiadaily.com/news/protesters-stop-try-pheap-tractor-from-clearing-land-in-preah-vihear-45891/

Cambodian Public Bank offers loan repayment deals during COVID-19

Cambodian Public Bank is responding to the Coronavirus crisis by taking pro-active action to provide help to its customers in distress by restructuring and rescheduling their loans to eligible individual and business customers. ...

Khmer Times Staff
https://www.khmertimeskh.com/50710323/cambodian-public-bank-offers-loan-repayment-deals-during-covid-19/

VONG Pisith

Senior Data Research & GIS Officer /Capacity Building Coordinator Pisith works as a Senior Data Research & GIS Officer /Capacity Building Coordinator at Open Development Cambodia (ODC). He satisfactorily completed Engineering’s Degree of Geo-Resources and Geotechnical Engineering (GGE) from the Institute of Technology of Cambodia (ITC) ...

Risk Of Money Laundering Grows With Economy

With Cambodia currently seen as a country where the laundering of illicit cash may be going undetected, an international expert yesterday warned that economic growth and more international trade could leave the country open to financial crime. Gert Demmink, a former head of supervision at ...

http://www.cambodiadaily.com/news/risk-of-money-laundering-grows-with-economy-14444/

Flights planned from Beijing to Siem Reap, Phnom Penh

Chinese flag carrier Air China is expected to launch the first non-stop flights from Beijing to Cambodia as early as November this year, officials said yesterday. Director of the Air Transport Department of Cambodia’s State Secretariat of Civil Aviation, Vann Chanty, said that officials from ...

http://www.phnompenhpost.com/2013062766508/Business/flights-planned-from-beijing-to-siem-reap-phnom-penh.html

Cambodian police clash with thousands of garment workers, 23 hurt

At least 23 workers were hurt in Cambodia on Monday when police using stun batons moved in to end a protest over pay at a factory that makes clothing for U.S. sportswear company Nike , a worker and a trade union representative said. Police with riot ...

http://www.reuters.com/article/2013/05/27/cambodia-garments-workers-idUSL3N0E829T20130527

Hun Sen Mocks Opposition Request for Donors to Freeze Aid

Prime Minister Hun Sen on Saturday rebuked the opposition for urging foreign donors to refrain from signing any new agreements with the government until after the election and boasted of a new $26 million handed over last week by the European Union (E.U.) E.U. Ambassador ...

http://www.cambodiadaily.com/news/hun-sen-mocks-opposition-request-for-donors-to-freeze-aid-31547/

Ministry, NGOs Meet Over Trafficking Report

Ministry of Interior officials held a closed-door meeting Monday with NGO representatives to contest Cambodia’s recent downgrade on the U.S. State Department’s Global Trafficking in Persons Report, which the ministry will discuss in a meeting with the U.S. Em­bassy this week. The annual report, released last ...

http://www.cambodiadaily.com/news/ministry-ngos-meet-over-trafficking-report-32932/

Tax revenues rise, but aren’t reflective of overall GDP growth

While the country’s tax revenue grew about 20 per cent in the first half of this year compared to the same period in 2012, experts say the amount still isn’t high enough to accurately reflect the country’s GDP growth. Stephen Higgins, former CEO of ANZ ...

http://www.phnompenhpost.com/business/tax-revenues-rise-aren%E2%80%99t-reflective-overall-gdp-growth

Timing of stats questioned

For the first time in recent memory, the Ministry of Economy and Finance has released growth projections for the first half of the year, and the numbers are good. The ministry’s preliminary data claims that from January through June, economic growth stood at 7.6 per ...

http://www.phnompenhpost.com/business/timing-stats-questioned

Cambodia rejoins the world of stocks

Enthusiasm about the start of trading at the exchange, which opened last July without a single listed company, extends beyond the borders of the Southeast Asian country. Investors including Templeton Emerging Markets Group Chairman Mark Mobius said they plan to participate in Cambodia’s stock market ...

http://www.brisbanetimes.com.au/business/world-business/cambodia-rejoins-the-world-of-stocks-20120319-1ver3.html

Rail Operator Restarts Train Services to Kampot

Toll Royal Railways (TRR), the current operator of Cambodia’s dilapidated rail network, restarted freight services to Kampot province yesterday, four months after it suspended its work. TRR’s resumption comes on the heals of a rival proposal to manage the train network by a consortium that includes one ...

Garment firm to list on CSX

The Taiwanese-owned garment company Grand Twins International (Cambodia) Plc says it intends to list on the Cambodia Securities Exchange (CSX) next month, in a boost for the Kingdom’s nascent stock market. Phnom Penh Securities (PPS), an underwriter for Grand Twins International (GTI), said yesterday the company ...

http://www.phnompenhpost.com/2013020761223/Business/garment-firm-to-list-on-csx.html

Parties slug it out in rare TV debate

Breaking into a medium almost universally controlled by the ruling party, acting opposition president Kem Sokha squared off yesterday against rival legislators during the filming of what may well have been Cambodia’s first televised national election debate. The debate at the state-run TVK studios, which featured ...

http://www.phnompenhpost.com/national/parties-slug-it-out-rare-tv-debate

IMF Managing Director Christine Lagarde to Visit Cambodia

nternational Monetary Fund (IMF) managing director Christine Lagarde will visit Cambodia next week as part of an Asia tour that will also include stops in South Korea and Burma, according to an IMF spokesman. Ms. Lagarde will meet with Cambodian government officials, university students, investors and ...

Colin Meyn
http://www.cambodiadaily.com/business/imf-managing-director-christine-lagarde-to-visit-cambodia-47940/

Ministry warns state forest land grabber of legal action

The Ministry of Environment has warned of legal action against a woman and her Australian husband for illegally occupying and selling 50ha of land in the protected area of Phnom Samkos Wildlife Sanctuary in Pramuoy commune’s Stung Thmey village of Pursat province’s Veal Veng district. ...

Nov Sivutha
https://www.phnompenhpost.com/national/ministry-warns-state-forest-land-grabber-legal-action

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