The Phnom Penh Post

Siem Reap’s SAI welcomes first flight

Siem Reap Angkor International Airport (SAI) welcomed its first flight on October 16, marking a significant milestone in Cambodia’s tourism development post-Covid-19. During the reception for the inaugural commercial flight to SAI, Vongsey Vissoth, Deputy Prime Minister and Minister in charge of the Council of Ministers, ...

Van Socheata
https://phnompenhpost.com/business/siem-reaps-sai-welcomes-first-flight

Cambodia sees soaring demand for electrical factory machinery

In the first nine months of 2023, Cambodia witnessed a substantial uptick in its imports of electrical machinery, equipment and related products from the international market, totalling more than $1.1 billion. ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-sees-soaring-demand-electrical-factory-machinery-0

Profit down in first nine months of year: PPAP

Phnom Penh Autonomous Port (PPAP), a listed state-owned river quay, reported a decline in revenue for the first nine months of 2023, a decrease attributed to unfavorable global economic conditions, largely exacerbated by the prolonged Russia-Ukraine conflict, which has adversely impacted global demand. ...

May Kunmakara
https://www.phnompenhpost.com/business/profit-down-first-nine-months-year-ppap-2

Siem Reap project elevates healthcare

In Siem Reap town and province, where history and modernity converge, the Project for Improvement of Referral Hospitals – an initiative funded by the Japan International Cooperation Agency (JICA) – is ushering in a new era of “healthcare excellence”. ...

Hong Raksmey
https://www.phnompenhpost.com/national-post-depth/siem-reap-project-elevates-healthcare

Brazil to open embassy on 30th anniversary of relations

Brazil is slated to open an embassy in Cambodia in 2024, as both countries prepare to celebrate their 30th anniversary of diplomatic ties. ...

Post Staff
https://www.phnompenhpost.com/national-politics/brazil-open-embassy-30th-anniversary-relations

ADB pledges support for Kingdom’s finance sector

Minister of Economy and Finance Aun Pornmoniroth has announced that the Asian Development Bank (ADB) has committed to investing in projects related to climate change and private sector development. Those projects will focus on strengthening the financial sector over the next five years, in order ...

Van Socheata
https://www.phnompenhpost.com/national/adb-pledges-support-kingdoms-finance-sector

Minister launches million tree reforestation campaign

Minister of Environment Eang Sophalleth announced the launch of a new campaign which has the goal of planting at least one million new trees every year. ...

Neang Sokunthea
https://www.phnompenhpost.com/national/minister-launches-million-tree-reforestation-campaign

UNICEF commits resources to enhance clean water access

The Ministry of Industry, Science, Technology and Innovation and UNICEF Cambodia have affirmed their dedication to enhancing collaboration in the improvement of sanitation and the provision of clean water. ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/unicef-commits-resources-enhance-clean-water-access

Cross-border payment services to be expanded

The National Bank of Cambodia (NBC) plans to expand its cross-border payment and transfer connections to China, Singapore and India this year. ...

Van Socheata
https://www.phnompenhpost.com/business/cross-border-payment-services-be-expanded

Cambodia-US trade recovery underway, with export growth

Cambodia-US trade during the first nine months of 2023 reached $7.08 billion, marking a 3% dip from the $7.3 billion in the corresponding period of 2022, as per the General Department of Customs and Excise (GDCE). ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodia-us-trade-recovery-underway-export-growth

Campaign seeking to end online child abuse

An online safety awareness campaign is underway to promote safe social media use and combat online child abuse, particularly among girls and young women. ...

Samban Chandara
https://www.phnompenhpost.com/national/campaign-seeking-end-online-child-abuse

Swiss support bolsters vocational training efforts

The Swiss government has reiterated its commitment to collaborate with the Ministry of Labour and Vocational Training to bolster technical instruction aimed at enhancing the skills of Cambodian youth. ...

Bor Pich Zelin
https://www.phnompenhpost.com/national/swiss-support-bolsters-vocational-training-efforts

Nationwide tech centres to boost digital learning

The Ministry of Post and Telecommunications has entered into a memorandum of understanding (MoU) with the Ministry of Education, Youth and Sport to set up community technology centres in state high schools nationwide, aiming to further advance digital education. ...

Chea Sokny
https://www.phnompenhpost.com/national/nationwide-tech-centres-boost-digital-learning

Rice showcased at German expo

Hopes are high among the Cambodia Rice Federation (CRF) and leading industry players that the country’s fragrant and organic rice could expand its European market presence, following the Anuga Food Trade Fair 2023 in Cologne, Germany. ...

May Kunmakara
https://www.phnompenhpost.com/business/rice-showcased-german-expo

Manet: Safety of Khmer in Israel remains a ‘top priority’

Prime Minister Hun Manet has set the safety of all Cambodians nationals remaining in Israel as a top priority, saying the government is working closely with its Israeli counterparts to ensure they receive protection. ...

Ry Sochan
https://www.phnompenhpost.com/national/manet-safety-khmer-israel-remains-top-priority

PM approves all 30 council consultation applications

Prime Minister Hun Manet has approved the requests of all 30 of the political parties which applied to join the Supreme Council for Consultation and Recommendation, according to Chhim Phal Vorun, head of the council secretariat. ...

Kim Yutharo
https://www.phnompenhpost.com/national/pm-approves-all-30-council-consultation-applications

Exports to S Korea help reduce current trade deficit: pundit

Trade between Cambodia and South Korea reached nearly $504 million in the first eight months of 2023, marking an 8.4 per cent decline over the same period last year, according to the General Department of Customs and Excise (GDCE). Despite this, Cambodian exports surged by ...

Hin Pisei
https://www.phnompenhpost.com/business/exports-s-korea-help-reduce-current-trade-deficit-pundit

SERC: CamGSM securities application under review

The Securities and Exchange Regulator of Cambodia (SERC) is currently reviewing the application from CamGSM Plc, the nation’s largest locally-owned mobile operator, which seeks to issue debt securities (sustainable bonds). The move aims to secure around $20 million for network expansion and debt refinancing. ...

May Kunmakara
https://www.phnompenhpost.com/business/serc-camgsm-securities-application-under-review

Cambodia-China FTA brings growth

Nearly two years have passed since the Cambodia-China Free Trade Agreement (CCFTA) came into effect in early January 2022. This period has witnessed significant growth in bilateral trade, as well as a surge in Chinese investment in Cambodia. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-china-fta-brings-growth

Siem Reap airport to ‘boost’ tourism

The private sector in Siem Reap’s tourism industry is optimistic that the new Siem Reap-Angkor International Airport (SAI), set to officially open in early December, will boost international tourist numbers. The rise is anticipated despite the currently low numbers of international arrivals, a lingering effect ...

Hin Pisei
https://www.phnompenhpost.com/business/siem-reap-airport-boost-tourism

Assembly passes aviation bill

The National Assembly (NA) has passed a draft law on the management of the State Secretariat of Civil Aviation (SSCA). It replaced a previous law, in a bid to ensure that civil aviation legislation aligns with the Kingdom’s current development. ...

Kim Yutharo and Orm Bunthoeurn
https://www.phnompenhpost.com/national/assembly-passes-aviation-bill

Ministry dismisses wildlife sanctuary logging allegations, road construction

The Ministry of Environment has refuted claims that unidentified persons have bulldozed roads into the Prey Lang Wildlife Sanctuary in order to transport illegally logged timber. It insisted that no such roads have been constructed, saying it is taking stringent legal action against illegal logging ...

Sok Raksa
https://www.phnompenhpost.com/national/ministry-dismisses-wildlife-sanctuary-logging-allegations-road-construction

Neighbours boost cross-border financial ties

Cambodia and Thailand have reaffirmed their commitment to bolster financial collaboration, with a particular emphasis on enhancing cross-border payments to stimulate trade, tourism and investment. ...

May Kunmakara
https://www.phnompenhpost.com/business/neighbours-boost-cross-border-financial-ties

Cambodia attracts record foreign investment growth

Despite global and regional economic downturns due to ongoing geopolitical conflict, Cambodia continues to be a beacon for investments. In the first nine months of 2023, the Kingdom drew in fixed-asset investments worth $3.76 billion, marking an 8.6 per cent rise from the $3.46 billion ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-attracts-record-foreign-investment-growth

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