News
PP-Bavet Expressway construction set to begin
The Royal Government of Cambodia (RGC) yesterday signed the Public-Private Partnership (PPP) contract with the Chinese infrastructure construction firm China Road and Bridge Corporation (CRBC) to start the construction of Cambodia’s second expressway project Phnom Penh-Bavet Expressway (PP-Bavet Expressway) worth $1.4 billion early next month. ...
Kang Sothear
https://www.khmertimeskh.com/501292966/pp-bavet-expressway-construction-set-to-begin/
World Bank says Cambodia needs to diversify its tourism products and improve its trade competitiveness
Cambodia’s economy is on a recovery path, with growth predicted to accelerate to 5.5 per cent in 2023, led by manufacturing exports, according to a World Bank report. ...
Khmer Times Staff
https://www.khmertimeskh.com/501293706/world-bank-says-cambodia-needs-to-diversify-its-tourism-products-and-improve-its-trade-competitiveness/
World Bank: Cambodia’s economy on solid recovery path
Cambodia’s economy is on a recovery path, with growth predicted to accelerate to 5.5% this year, according to a World Bank (WB) report. ...
Khmer Times Staff
https://www.khmertimeskh.com/501294062/world-bank-cambodias-economy-on-solid-recovery-path/
IBIS organic rice project expanding
Keo Socheat, executive director of the Sansom Mlup Prey Organisation (SMP), said that more than 2,000 farming households are now planting organic paddy rice through the IBIS project. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/ibis-organic-rice-project-expanding
Generative AI: A threat to copyright?
ChatGPT, a generative artificial intelligence (AI) chatbot developed by OpenAI, provides many new opportunities, yet concerns have been raised over copyright issues as it seems unclear who owns the generated content: the users, tech companies or data owners? ...
PPWSA posts higher net profit in Q1’23
The capital’s sole water concessionaire, Phnom Penh Water Supply Authority, saw increased net profit and revenue between January and March this year ...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-ppwsa-posts-higher-net-profit-in-q123
Cambodian durian sector exploring export opportunities to China
Recently, the Samlot Durian Cluster, a durian association based in Cambodia’s Battambang province, held a meeting with several investors to discuss export opportunities to China, even though Cambodian durians have not yet secured access to this lucrative market. ...
Khmer Times Staff
https://www.khmertimeskh.com/501293262/cambodian-durian-sector-exploring-export-opportunities-to-china/
Three land rights activists detained, questioned by police after organizing training workshop
Kratie authorities detained and questioned 17 members of the land rights organization Coalition of Cambodia Farmers Community (CCFC) on Wednesday afternoon as the group returned to Phnom Penh by bus from a staff training workshop hosted in Ratanakiri. ...
Tax income collection accounts for 44% of yearly plan as of April
The General Department of Taxation (GDT) at the Ministry of Economy and Finance collected almost $ 1.6 billion as tax income in the first four months of this year, accounting for 44 percent of the yearly target. ...
Khmer Times Staff
https://www.khmertimeskh.com/501293298/tax-income-collection-accounts-for-44-of-yearly-plan-as-of-april/
Cambodia’s health sector moves away from the situation left by the Khmer Rouge
Prime Minister Techo Hun Sen said the Cambodian health sector has moved away from the legacy left by the Khmer Rouge regime since 1979. ...
Khmer Times Staff
https://www.khmertimeskh.com/501293340/cambodias-health-sector-moves-away-from-the-situation-left-by-the-khmer-rouge/
Cambodia signs contract with Chinese firm to build 2nd expressway
Cambodia on Thursday granted a concessional contract to China Road and Bridge Corporation (CRBC) to invest in constructing and operating the second expressway connecting its capital Phnom Penh with Svay Rieng province’s Bavet City on the border with Vietnam. ...
Khmer Times Staff
https://www.khmertimeskh.com/501293216/cambodia-signs-contract-with-chinese-firm-to-build-2nd-expressway/
New AEO trade initiative set to draw more players to Cambodia
Cambodia’s new AEO (authorised economic operator) programme – and implementation thereof by Customs (GDCE) – will make life more convenient for investors and support initiatives to attract additional players to the Cambodian market, observers have claimed. ...
Hin Pisei
https://www.phnompenhpost.com/business/new-aeo-trade-initiative-set-draw-more-players-cambodia
CSX-listed state firms post dull results for start of 2023
Two local public-listed state-owned enterprises (SOE) have posted financial results for either the first three or four months of the year, which fell somewhat short of expectations, as local, regional and global economies continue to feel the shockwaves of the Russo-Ukrainian conflict. ...
May Kunmakara
https://www.phnompenhpost.com/business/csx-listed-state-firms-post-dull-results-start-2023
Royal turtles on verge of comeback: Official
Ministry of Environment spokesman Neth Pheaktra called on fishermen to help conserve the endangered royal turtle (batagur affinis). The species, also known as the Southern river terrapin, are on the verge of extinction in Cambodia, but a successful breeding programme is offering some hope. ...
Samban Chandara
https://www.phnompenhpost.com/national/royal-turtles-verge-comeback-official
Claims over CP election exclusion dismissed
The Ministry of Foreign Affairs and International Cooperation has dismissed remarks by critics regarding the National Election Committee’s (NEC) decision to disqualify the Candlelight Party (CP) from the July 23 general election. The ministry described comments by “a handful of critics” as “misleading and politically ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national-politics/claims-over-cp-election-exclusion-dismissed
Koh Kong int’l airport not set for trial flights: governor
Koh Kong provincial governor Mithona Phouthong has warned that proposed flight trials at the province’s Dara Sakor International Airport could possibly be postponed as the developers need more time to complete construction and address some remaining shortcomings. ...
Van Socheata
https://www.phnompenhpost.com/business/koh-kong-intl-airport-not-set-trial-flights-governor
Cambodia rolls out UN-linked five-year green economy plan
The environment ministry on May 12 formally rolled out the five-year Partnership for Action on Green Economy (PAGE) Cambodia, in an affirmation of the Kingdom’s commitment towards sustainability and inclusivity in economic growth. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-rolls-out-un-linked-five-year-green-economy-plan
Some 100 rare fish released into Mekong
The Wonders of the Mekong project and the National Fisheries Administration – in collaboration with the Fisheries Administration in Stung Treng province – released 100 endangered fish into the Mekong River on May 16, said a Fisheries Administration official. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/some-100-rare-fish-released-mekong
IRRI asks Cambodia to develop low-sugar paddy seeds
The International Rice Research Institute (IRRI) has proposed to the Ministry of Agriculture, Forestry and Fisheries (MAFF) to develop a low-sugar paddy seed technically called low glycemic index or low GI paddy seed in Cambodia, said a release. ...
Kang Sothear
https://www.khmertimeskh.com/501291581/irri-asks-cambodia-to-develop-low-sugar-paddy-seeds/
PPAP revenue dips 14% to $10.77M in four months
The Phnom Penh Autonomous Port (PPAP) posted total revenue of $10.77 million for the first four months of this year, down 14 percent from its revenue of $12.53 million for the same period in 2022. ...
Adur Pradeep
https://www.khmertimeskh.com/501291770/ppap-revenue-dips-14-to-10-77m-in-four-months/
Private sector investment key to Asia infrastructure
Governments in Asia must create a more conducive environment to encourage private sector investment in infrastructure construction, according to experts, who advocate an innovative financing mechanism. ...
Khmer Times Staff
https://www.khmertimeskh.com/501292625/private-sector-investment-key-to-asia-infrastructure/
RCEP, FTAs to put region, Cambodia in better position to recover from pandemic impacts
The Regional Comprehensive Economic Partnership (RCEP) trade pact and bilateral free trade agreements will put the region and Cambodia in a better position to recover from the impacts of the COVID-19 pandemic, a Cambodian scholar said on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501292617/rcep-ftas-to-put-region-cambodia-in-better-position-to-recover-from-pandemic-impacts/
Preap Kol joins CPP to use his capacity for government reform
Preap Kol, the former Executive Director of Transparency International Cambodia, decided to join the Cambodian People’s Party to use his ability and work experience to participate in the reform of good governance, anti-corruption and technical work with government in the seventh mandate. ...
Hang Punreay
https://www.khmertimeskh.com/501291706/preap-kol-joins-cpp-to-use-his-capacity-for-government-reform/
GDT allows taxpayers to adjust annual tax online
The General Department of Taxation (GDT) of the Ministry of Economy and Finance (MEF) has issued an instruction on procedures to enable taxpayers who are owners of registered businesses to make online adjustments of their online filing on annual tax on income (ToI E-Filing), a ...
Kang Sothear
https://www.khmertimeskh.com/501290817/gdt-allows-taxpayers-to-adjust-annual-tax-online/