The Phnom Penh Post
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 ...
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
Minister calls for cessation of sharing of violent videos
Minister of Information Neth Pheaktra has called on journalists and social media users alike to cease the sharing of images and videos which feature deaths or violent content, noting that the widespread posting of such content has the potential to cause emotional harm to survivors ...
Vong Daravady and Bor Pich Zelin
https://www.phnompenhpost.com/national/minister-calls-cessation-sharing-violent-videos
NSSF card usage up with recognition of healthcare benefits
During the first half of the year, nearly 2.2 million of the more than 3.2 million members of the Ministry of Labour and Vocational Training’s National Social Security Fund (NSSF) used their membership cards to access medical services, said a ministry report. ...
Chea Sokny
https://www.phnompenhpost.com/national/nssf-card-usage-recognition-healthcare-benefits
UXO casualties down one third to date in 2023
Officials from the Cambodian Mine Action and Victim Assistance Authority (CMAA) reported that in the first nine months of the year, nearly 30 people were victims of unexploded ordnance (UXO), a reduction of around one third on the same period last year. ...
Chea Sokny
https://phnompenhpost.com/national/uxo-casualties-down-one-third-date-2023
HPV vaccine integrated into nat’l immunisation schedule
Cambodia commenced a nationwide immunisation effort on October 5 to combat cervical cancer. Free vaccinations are provided to girls aged nine and above. The one-dose human papillomavirus (HPV) vaccine is now integrated into the national immunisation schedule. ...
Neang Sokunthea
https://phnompenhpost.com/national/hpv-vaccine-integrated-natl-immunisation-schedule
SME inputs garnered before mid-Nov gov’t, private sector forum
The private sector’s Working Group C (WG-C) on “Manufacturing, Small and Medium Enterprises (SMEs) and Services” is currently collating issues from across Cambodia to draft a joint proposal that will be presented to the government for consideration during the Government-Private Sector Forum (G-PSF), scheduled for ...
Hin Pisei
https://phnompenhpost.com/business/sme-inputs-garnered-mid-nov-govt-private-sector-forum
Waste management project takes shape
The Ministry of Environment, in collaboration with the World Bank, is poised to launch a project aimed at managing solid and plastic waste in five provinces in the near future. Discussions are underway to expedite the project’s implementation. ...
Bor Pich Zelin
https://phnompenhpost.com/national/waste-management-project-takes-shape
Enhancing road safety on NR5: JICA employing a multi-faceted approach
Cambodia is taking decisive action to improve road safety on National Road 5 (NR5), a vital artery linking the Thai and Vietnamese borders via NR1, punctuated by the Tsubasa Bridge, also known as Neak Leoung Bridge. The impressive structure was constructed with funds donated by ...
Hong Raksmey
https://phnompenhpost.com/national/enhancing-road-safety-nr5-jica-employing-multi-faceted-approach
UN’s EW4All early warning initiative hold consultations
Cambodia, in collaboration with the UN and its partners, is working on strategies to support the UN’s Early Warnings for All (EW4All) initiative. This effort aims to bolster the Kingdom’s early warning systems, with a focus on adapting to climate change and mitigating the impact ...
Orm Bunthoeurn
https://phnompenhpost.com/national/uns-ew4all-early-warning-initiative-hold-consultations
Sar Sokha calls on NCAT to intensify anti-torture efforts
Minister of Interior Sar Sokha has urged the National Committee Against Torture (NCAT) to intensify their educational outreach and to expand collaboration with relevant authorities and organisations to bolster the respect for human rights and to tackle torture, cruelty and the degradation of societal ethics. ...
Samban Chandara
https://phnompenhpost.com/national/sar-sokha-calls-ncat-intensify-anti-torture-efforts
Climate change driving rise in natural disasters: NCDM
Over 100 people have been killed, 250 injured and 10,000 homes damaged by strong winds, lightning and fires across Cambodia in the first nine months of the year, according to a report from the National Committee for Disaster Management (NCDM). ...
Orm Bunthoeurn
https://phnompenhpost.com/national/climate-change-driving-rise-natural-disasters-ncdm
Interior minister calls for tightening of border control management
Minister of Interior Sar Sokha has urged the provincial governors of border provinces and joint forces to tighten management and control over border crossings. This directive comes in the wake of reported irregularities linked to negligence in the performance of their duties. ...
Kim Yutharo
https://phnompenhpost.com/national/interior-minister-calls-tightening-border-control-management
Manet redirects $200M to social programmes
Prime Minister Hun Manet said the state has saved over $200 million through the suspension of non-urgent research and case study projects. He has directed the funding towards more pressing target, such as the expansion of social protection and disaster relief. ...
Samban Chandara
https://phnompenhpost.com/national/manet-redirects-200m-social-programmes
Cambodia’s EoDB index still positive: EuroCham
Cambodia’s ease of doing business (EoDB) index remains positive despite external challenges including global inflation and the Russia-Ukraine conflict, according to the Business Confidence Survey 2023 by the European Chamber of Commerce (EuroCham). ...
May Kunmakara
https://phnompenhpost.com/business/cambodias-eodb-index-still-positive-eurocham
DCTS scheme reduces tariffs on UK exports
The Ministry of Commerce has urged exporters to adhere to the UK’s rules of origin (RoO) in order to benefit from their Developing Countries Trading Scheme (DCTS), a system of graduated tariffs on imports. ...
Van Socheata
https://phnompenhpost.com/business/dcts-scheme-reduces-tariffs-uk-exports
Looking forward: Cambodia unveils FinTech policy 2023-28
Deputy Prime Minister and Minister of Economy and Finance Aun Pornmoniroth unveiled Cambodia’s Financial Technology (fintech) Development Policy for 2023-2028, asserting its potential to harness the advantages of digital transformation in the financial sector and invigorate the country’s socio-economic landscape. ...
Hin Pisei
https://phnompenhpost.com/business/looking-forward-cambodia-unveils-fintech-policy-2023-28
EnerCam pioneers onshore oilfield exploration, ESG/CSR
Canada-owned EnerCam Exploration Ltd, through its subsidiary Angkor Resources Corp, has completed a community assessment mission on Block VIII, a 7.3sq km oil and gas license, with a focus on environmental, social, and governance (ESG) principles and corporate social responsibility (CSR). ...
May Kunmakara
https://phnompenhpost.com/business/enercam-pioneers-onshore-oilfield-exploration-esgcsr