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$35M rural road fund to boost health and education access

The World Bank has approved a $35 million credit to help rural roads in three Cambodian provinces become more climate resilient to ensure residents have access to critical services and markets amid shifting weather patterns. ...

Marissa Carruthers
https://kiripost.com/stories/35m-rural-road-fund-to-boost-health-and-education-access

Press release on solid waste management market assessment in rural Cambodia reveals urgent need for waste collection services

On 7 September 2023, IDE release the press release on Solid Waste Management Market Assessment in Rural Cambodia Reveals Urgent Need for Waste Collection Services.The finding showed there is evidence of an existing demand for improved SWM services among rural communities. The study has shown ...

iDE

Download: pdf

Luxury cruises take to the Tonle Sap, Mekong

Gliding through the water almost soundlessly, the MS AmaLotus docked for only its second time in Phnom Penh last week At 92 meters in length and capable of holding 124 passengers, the AmaLotus is the latest cruise ship to start transporting tourists between Siem Reap and ...

Cambodia peddling bikes in EU

Import duties and limits, as well as rising wages in neighbouring countries, made Cambodia the second largest exporter of bicycles to the European Union after Taiwan, an industry newsletter reports. According to Bike-EU.com, which quoted data from Eurostat, Cambodia exported 519,389 units to EU countries between ...

http://www.phpnompenhpost.com/2013020661203/Business/cambodia-peddling-bikes-in-eu.html

De Castle Royal construction moves ahead at a princely pace

Even as political instability led to a drop in Phnom Penh’s housing market over the last few months, construction and sales of De Castle Royal steamed ahead in the third quarter. Now fully over the fallout from the 2008 global financial crisis, a recent $28 million ...

Hin Pisei
http://www.phnompenhpost.com/real-estate/de-castle-royal-construction-moves-ahead-princely-pace

Thai Political Turmoil Could Affect Cambodia, Analysts Say

Political turmoil in Thailand, where protesters have overtaken government buildings and called for the premier there to step down, have sparked concerns in Cambodia that its diplomatic relations with its neighbor could again deteriorate. “The governments of Yingluck and Thaksin are close to Hun Sen,” ...

Sok Khemara,
http://www.voacambodia.com/content/thai-political-turmoil-could-affect-cambodia-analysts-say/1803539.html

City Officials Talk Trash With New Campaign

Phnom Penh municipality is set to launch a campaign today at Daun Penh district’s Kandal market aimed at educating residents about disposing their garbage correctly in an effort to reduce flooding in the area. The campaign comes after the area experience several bouts of severe ...

A Tough Ride for S Korean Property Projects

GS Engineering & Construction broke ground on June 18, 2008 of Cambodia’s largest building the International Finance Complex in Phnom Penh but since then has been suspend or forced to downscale like all of the other building projects in the city. Worth more than $4.5 ...

Tourism numbers rise by 14 per cent

The number of foreign tourists visiting Cambodia through July climbed 14 per cent year-on-year, with the most arrivals coming from Vietnam, South Korea and China, according to the latest Ministry of Tourism figures. Improved transportation, greater promotion of the Kingdom to world markets and widely ...

http://www.phnompenhpost.com/index.php/2011083051330/Business/tourism-numbers-rise-by-14-per-cent.html

Lucky sells big stake to Asian retail giant

Big Asian retailer Dairy Farm Group has formed a joint venture with Cambodia’s Lucky Market Group, the operator of Lucky Supermarket and Lucky Burger, according to an announcement yesterday. LMG, which opened its first supermarket in 1993, will join a stable of brands already controlled by ...

http://www.phnompenhpost.com/index.php/2012031354993/Business/lucky-sells-big-stake-to-asian-retail-giant.html

Cambodia’s rice farmers in serious danger

Half a million Cambodian farmers could possibly be looking at empty rice bowls if the European Union (EU) pushes through with the withdrawal of its Everything But Arms (EBA) trade preference. While the garment and footwear sectors stand to lose the most if the EBA trade ...

Jason Thomas
https://theaseanpost.com/article/cambodias-rice-farmers-serious-danger

Pig cull raises supply concerns

Following a mass cull of more than 1,000 pigs over the last two weeks, authorities yesterday played down any threat to the local pork supply, but financial concerns among farmers and market vendors are mounting.Some 1,200 pigs have been culled in Siem Reap, having recently ...

Sor Chandara
http://www.phnompenhpost.com/business/pig-cull-raises-supply-concerns

Cambodia initiates first-ever employment policy

The International Labor Organization says a new National Employment Policy will improve the country’s economy for the young generation.The policy, drafted with the help of Sweden, aims to increase “decent and productive” employment opportunities, enhance skills and human resources development, and strengthen labor market governance, ...

Sok Khemara
http://www.voacambodia.com/content/cambodia-initiates-first-ever-employment-policy/3020097.html

Korean government recovers $8m of illegal assets

Investigators from South Korea’s state-run deposit insurer have announced their largest overseas illegal assets haul ever after they tracked down and recovered large land holdings owned by a Korean fraudster near Phnom Penh.The haul, worth some $8 million, sheds light on the use of the ...

Charles Rollet
http://www.phnompenhpost.com/national/korean-government-recovers-8m-illegal-assets

Hun Sen announces broad cuts of petty taxes

The country’s lower class will receive a series of tax breaks starting in 2016, Prime Minister Hun Sen announced Thursday, with tariffs on motorbikes, tuk-tuks and farm machinery to be waived, along with fees at stalls in state-owned markets.Striking a populist tone during the inauguration ...

Kang Sothear
https://www.cambodiadaily.com/news/hun-sen-announces-broad-cuts-of-petty-taxes-98057/

Water Festival cancellation brings drought for capital’s vendors

The abrupt cancellation of this year’s Water Festival has had an economic fallout on small businesses that see the annual event as a windfall for their marketing and sales efforts, and had already invested in promotional materials.The cancellation marks the fourth time in five years ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/water-festival-cancellation-brings-drought-capitals-vendors

Phone retailers ordered to pay tax on inventories

Following raids on phone shops selling grey-market devices last week, the government is giving retailers a two-week window to declare their stock of mobile phone handsets and pay the relevant taxes or face hefty fines.Many of the capital’s vendors have already received a notice from ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/phone-retailers-ordered-pay-tax-inventories

Plan to certify organic quality

GIZ Cambodia, a branch of Germany’s international development agency, signed an agreement yesterday with local organic food retailer Khmer Organic Cooperative to provide technical support to develop organic vegetable production and to assist the firm in obtaining certification for its products. The agreement calls for the ...

Hor Kimsay
http://www.phnompenhpost.com/business/plan-certify-organic-quality

Food safety lab launched

A mobile laboratory that will be able to analyze food samples at markets around the country was launched by the Ministry of Commerce yesterday, at the same time the ministry announced it was seeking Chinese support in building testing facilities at land borders to analyze ...

Sok Chan
http://www.khmertimeskh.com/news/32101/food-safety-lab-launched/

Accounting and finance top job listings

Cambodia’s accounting and finance industries have seen the healthiest growth over the past three months, followed by jobs in sales, hospitality, management and marketing, according to the latest report by jobs website Everjob. More than 2,500 positions in the accounting and finance sectors were listed on ...

Sum Manet
http://www.khmertimeskh.com/news/30601/accounting-and-finance-top-job-listings/

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