Cambodia must seek new trade partners
Cambodia will no doubt look to partners other than the US and the European Union to bolster its economic growth as those key export markets continue to struggle, a senior International Monetary Fund official says. One way in which Cambodia would forge new and growing relationships with higher-income ...
Cambodia spent nearly $1 billion on import pigs and poultries each year
The representatives of the Cambodian Livestock Raisers Association said that if we use the $ 1 billion to raise pigs and poultry locally, we could generate more jobs for the people in the country and they do not need to migrate to work in a ...
Eight charged, jailed over gateway arson
Eight men who were arrested last week for their alleged involvement in the arson of a decorative gateway built for the Angkor Sankranta New Year festival in Siem Reap City were charged Friday and sent to the provincial prison, officials said Sunday. ...
Ouch Sony
https://www.cambodiadaily.com/news/eight-men-charged-jailed-over-gateway-arson-in-siem-reap-81938/
LGBT bullying endemic, report finds
Nine out of 10 LGBT students have experienced bullying in Cambodia’s schools, which hurts their future educational attainment and makes their lives harder, according to a report released yesterday by the Cambodian Center for Human Rights. ...
Igor Kossov and Morn Vanntey
http://www.phnompenhpost.com/national/lgbt-bullying-endemic-report-finds
Dams, climate plague Mekong
Villagers in Kratie province have long feared the proposed Sambor hydroelectric dam and the impact it could have on their subsistence fishing and riverbank agriculture. According to Resilience on the Mekong: A Vulnerability and Adaptation Assessment in North-East Cambodia, a report released by the World Wildlife Foundation on Friday, ...
http://www.phnompenhpost.com/index.php/2012091058600/National-news/dams-climate-plague-mekong.html
Telco regulator launched
The Ministry of Post and Telecommunications officially launched the Telecommunication Regulator of Cambodia (TRC) yesterday in an attempt to establish laws to control, and resolve conflicts among, telecoms operators. Post and Telecommunications Minister So Khun said the TRC’s establishment supported other regulations for managing conflicts among mobile ...
Stock trading sees first glitches
Share prices on the Cambodia Securities Exchange yesterday fell for the first time since trading began a week ago, as technical problems reportedly caused a 90 per cent drop in the amount of shares traded. Phnom Penh Water Supply Authority shares dropped 4.9 per cent to 9,700 riel (US$2.44). The ...
http://www.phnompenhpost.com/index.php/2012042555750/Business/csx-sees-first-trading-glitches.html
Cambodia-China FTA to be signed by end this year
The third round of negotiations for the free trade agreement between Cambodia and China has completely solved all the remaining issues in the agreement text and approved in principal with regard to market access on goods and services, according to a statement from ministry of ...
Sok Chan
https://www.khmertimeskh.com/50732088/cambodia-china-fta-to-be-signed-by-end-this-year/
Migrants’ home remittances dwindle
As the Coronavirus pandemic hits jobs and wages in many sectors of the global economy, a slowdown in the amount of money sent home by migrant workers looks increasingly likely, according to a report by World Economic Forum (WEF). ...
Sorn Sarath
https://www.khmertimeskh.com/50715088/migrants-home-remittances-dwindle/
Travel and factory downturn a silver lining for the Kingdom’s environment
A sharp reduction in travel and production output, because of COVID-19 along with several government measures has seen Phnom Penh record a “good” level of the pollutant PM2.5 in its atmosphere, according to independent data sourced by IQ Air. ...
Harrison White
https://www.khmertimeskh.com/50715987/travel-and-factory-downturn-a-silver-lining-for-the-kingdoms-environment/
Real estate boosted last year but likely to suffer this year
The inflow of foreign direct investment (FDI) into the real estate sector in Cambodia was estimated at more than $437.3 million in 2019, according to data from the just-issued National Bank of Cambodia’s (NBC) Annual Banking Supervision Report 2019. ...
Sok Chan
https://www.khmertimeskh.com/50718100/real-estate-boosted-last-year-but-likely-to-suffer-this-year/
Officials deny forest-cutting claims
Forest activists conducted a 10-day forest crimes investigation in the Prey Lang region and claimed to have found more than 200 workers camping in five different locations cutting down about 2,000 trees. Authorities have denied the claim. ...
Khorn Savi
https://www.phnompenhpost.com/national/officials-deny-forest-cutting-claims
Capitol protesters charged over brawl
The Phnom Penh Municipal Court yesterday charged two protesters involved in a bloody scuffle that left scores injured over the weekend, while another four prominent unionists were also charged in a significant expansion of the controversial case. ...
Niem Chheng
http://www.phnompenhpost.com/national/capitol-protesters-charged-over-brawl
Officials heed call to buy rice
A day after a state bank called on Cambodians to buy domestically milled rice to help a government scheme to stabilise prices in the sector, multiple ruling party officials were reaching into their own pockets to do just that. The Rural Development Bank – tasked with ...
Touch Sokha
http://www.phnompenhpost.com/national/officials-heed-call-buy-rice
Ministry seeking to create national brain trust
Minister of Industry, Science, Technology and Innovation Cham Prasidh wants to create a national brain trust by forming a team of scholars dedicated to sharing knowledge. The initiative aims to register human resources in science, technology and innovation to work in the ministry, universities and ...
Voun Dara
https://www.phnompenhpost.com/national/ministry-seeking-create-national-brain-trust
Siem Reap to build more roads to promote local economy
The Ministry of Public Works and Transport and Siem Reap provincial authorities have been studying the infrastructure development projects of 38 main roads of nearly 100 kilometers in total in Siem Reap city, to promote the economy, beauty and facilitate the travel of residents and ...
Pech Sotheary
https://www.khmertimeskh.com/50738917/siem-reap-to-build-more-roads-to-promote-local-economy/
Water company expects big revenue rise after 2019 loss
State-owned utility Phnom Penh Water Supply Authority (PWSA), the first Cambodian Securities Exchange-listed company, aims to collect substantially more revenue in 2020 after a sharp drop in total revenue last year, according the result of its eighth annual general shareholders’ meeting. ...
Sorn Sarath
https://www.khmertimeskh.com/50739594/water-company-expects-big-revenue-rise-after-2019-loss/
WWF: Ban wildlife trade to avert future pandemics
World Wide Fund for Nature is calling for urgent global action to address factors which it projected would be key drivers in triggering possible zoonotic disease outbreaks in the future. The action comes amid the current COVID-19 pandemic, which has battered countries worldwide. ...
Pech Sotheary
https://www.khmertimeskh.com/50737775/wwf-ban-wildlife-trade-to-avert-future-pandemics
Cambodia FM to have talks with Russian counterpart
Prak Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation will participate in the Special ASEAN-Russia Foreign Ministers’ Meeting on COVID-19 via video-conference to be held on the 17th of June at 2:00 in the afternoon. ...
https://www.khmertimeskh.com/50734117/cambodia-fm-to-have-talks-with-russian-counterpart/
Construction suffers from low growth
In the light of COVID-19, however, the sector is estimated to have suffered negative rate growth of 5.3 percent in 2020 and is expected to hit a growth rate of 3.3 per cent next year, according to an updated report by the Ministry of Economy ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50736882/construction-suffers-from-low-growth/