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$5.4b bill looms for public investment

Cambodia needs more than $5.41 billion for its three-year public investment plan, a government report says. The plan involves 586 projects which include the social sector, economic development, public infrastructure and the public service, the report said. ...

Khmer Times Staff
http://www.khmertimeskh.com/5075680/5-4b-bill-looms-public-investment/

Petrol labs to track fuel cheats

The Ministry of Commerce yesterday launched a petroleum mobile lab to detect fraud and cheating at petrol stations and ensure fair competition. The lab, under the authority of CamControl, will drive across the country, starting from Phnom Penh. ...

Chea Vannak
http://www.khmertimeskh.com/5080945/petrol-labs-track-fuel-cheats/

ADB stays hopeful on forecast for Kingdom

The Asian Development Bank (ADB) maintained its economic growth forecast for Cambodia at 7.1 percent for 2017 and 2018 buoyed by the strong performance of developing economies across Asia and the ongoing recovery of large industrial countries, according to a release yesterday. ...

Kali Kotoski
http://www.phnompenhpost.com/business/adb-stays-hopeful-forecast-kingdom

Deportees quizzed in detention

Cambodia has sent officials to interview refugees in the United States who are subject to deportation orders. Interior Ministry spokesman General Khieu Sopheak said about 50 refugees had been interviewed but no decision had been made on their repatriation. ...

Khuon Narim
http://www.khmertimeskh.com/5090148/deportees-quizzed-detention/

Acleda’s new ATM cards

Acleda Bank spent about $1 million to produce 800,000 new ATM cards with EMV chips to enable them to be used globally and also to mitigate the risk of fraud, said the bank’s president and group managing director on Friday. ...

Sok Chan
http://www.khmertimeskh.com/news/38780/acleda---s-new-atm-cards/

Angkor Wat, temples earning more revenue

In the first half of 2017, revenue totals reached $52.1 million, a 67-percent rise compared with the first six months of 2016. Tourist arrivals to the park also rose by 13 percent, according to a recent report released by Angkor Enterprise. ...

Sok Chan
http://www.khmertimeskh.com/news/39924/angkor-wat--temples-earning-more-revenue/

Tourism as usual at Angkor Wat despite steeper fees

The steep increase in Angkor Wat ticket prices on February 1 did not discourage tourists from visiting the country’s chief tourist draw, as some feared, but it also did not reap any significant material gains for the government coffers, new data shows. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/tourism-usual-angkor-wat-despite-steeper-fees

Agreement signed to protect Prey Lang forest

The Environment Ministry, partner organisations and a Japanese company expect that implementation of a $1.5 million forest conservation project for three years will help prevent forest crime, biodiversity loss and improve the livelihoods of community members in the Prey Lang Wildlife Sanctuary. ...

Pech Sotheary
http://www.khmertimeskh.com/50112028/agreement-signed-protect-prey-lang-forest/

Unions reject bonus bargain

Union leaders yesterday rejected a proposal from Cambodian garment makers to provide US$9 a month for a worker’s housing and transport fees, demanding an additional $1. The benefits were announced last week after unions said they would lead a large-scale protest ...

http://www.phnompenhpost.com/index.php/2012070657244/Business/unions-reject-bonus-bargain.html

Australia Ups Aid Funding

Australia announced yesterday that it will increase the amount of aid it provides Cambodia by about US$13 million (A$13.2 million) in the coming year, putting the country’s official development assistance at $96.1 million. ...

http://www.phnompenhpost.com/2013051765681/National/australia-ups-aid-funding.html

ASEAN economic ministers expect stronger growth in 2015

The ministers expect ASEAN’s economy to improve in 2015 to 5.1% – above the 3.5% global growth projection – based on the stronger demand in advanced economies, energised by the robust US recovery and several policy stimulus measures in the Eurozone and Japan. ...

Channel News Asia News Staff
http://www.channelnewsasia.com/news/business/asean-economic-ministers/1687244.html

Nearing lower-middle income

Cambodia is expected to reach a GDP per capita of $1,220 this year, putting it on course to being a lower-middle income economy, said Commerce Minister Sun Chanthol, who was attending a meeting with Macau entrepreneurs in Phnom Penh yesterday. ...

May Kunmakara and Ananth Baliga
http://www.phnompenhpost.com/business/nearing-lower-middle-income

PM: Despite Omicron, Cambodia to continue socio-economic reopening

Despite the outbreak of Omicron, a new COVID-19 variant of concern, Cambodia will continue to fully resume its socio-economic activities which began since Nov. 1, 2021. ...

Khmer Times Staff
https://www.khmertimeskh.com/50995525/pm-despite-omicron-cambodia-to-continue-socio-economic-reopening/

Cambodia, Indonesia to expedite MoU on rice trading soon

With the trade volume between Cambodia and Indonesia exceeding $1 billion in 2023, the two countries on Thursday agreed to expedite the Memorandum of Understanding (MoU) on rice trade.​ ...

Mom Kunthear
https://www.khmertimeskh.com/501546079/cambodia-indonesia-to-expedite-mou-on-rice-trading-soon/

UNDP launches tool to use AI for mapping socio-economic vulnerabilities in Cambodia

The United Nations Development Programme (UNDP) on Thursday launched a policy brief and a tool to leverage data and artificial intelligence for mapping vulnerability in Cambodia. ...

Khmer Times Staff
https://www.khmertimeskh.com/501538532/undp-launches-tool-to-use-ai-for-mapping-socio-economic-vulnerabilities-in-cambodia/

Finance Ministry Accused of Ignoring Education Sector

The Ministry of Education on Tuesday again publicly accused the Ministry of Finance of not injecting enough funds into the education sector in order to bring Cambodia in line with the rest of Southeast Asia. Speaking at the close of a two-day workshop to formulate the ...

Kuch Naren
http://www.cambodiadaily.com/news/finance-ministry-accused-of-ignoring-education%E2%80%88sector-41040/

Vendors hit as price of Thai durian imports rise

The price of durian from Thailand has risen sharply this year, leading to shrinking profits for fruit vendors in Phnom Penh as demand from China for the spiky, pungent fruit grows more robust. On Sihanouk Boulevard, fruit vendor Heng Sovanna said that since March, the price ...

Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/vendors-hit-as-price-of-thai-durian-imports-rise-59964/

Suspension the websites of indebted companies for 2013 and 2014

On 19 October 2021, the Telecommunications Regulator of Cambodia issued a notification on suspension the websites of indebted companies for 2013 and 2014. Companies that are still indebted for the use of .kh website services for 2013 and 2014 have been informed that the Telecommunications ...

Telecommunications Regulator of Cambodia

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