The Phnom Penh Post
China and UNICEF forge climate-resilient project
Delegates from China, UNICEF Cambodia and UNICEF China have commenced a three-day field visit to the country to assess the feasibility of implementing climate-resilient water and sanitation (WASH) technologies as part of the South-South Cooperation Programme. ...
Ry Sochan
https://www.phnompenhpost.com/national/china-and-unicef-forge-climate-resilient-project
ILO applauds Cambodia’s work, social protection achievements
The UN team responsible for promoting decent work commended the Cambodian government for its involvement in the decent work and social protection initiative. Minister of Labour and Vocational Training Heng Sour also asked the UN agency to further intensify its efforts to develop the nation’s ...
Sok Raksa
https://www.phnompenhpost.com/national/ilo-applauds-cambodias-work-social-protection-achievements
Chuon Naron pledges to further education reforms
Minister of Education, Youth and Sport Hang Chuon Naron has reiterated the importance of developing Cambodia’s human resources, noting that the ministry remains committed to fostering cooperation with all relevant parties to hit the Kingdom’s educational reform targets. ...
Bor Pich Zelin
https://www.phnompenhpost.com/national/chuon-naron-pledges-further-education-reforms
NSSF to extend healthcare access
The National Social Security Fund (NSSF) is set to launch a five-year strategy focused on job development and vocational training. This is a key step in broadening the range of services available to the families and dependents of fund members. ...
Chea Sokny
https://www.phnompenhpost.com/national/nssf-extend-healthcare-access
EU funds empower fishing communities
Action Education (formerly Aide et Action), a French organisation, is leading project CO-SAVED, which aims to aid nearly 400,000 citizens within fishing communities who are adapting to climate change. ...
Long Kimmarita
https://www.phnompenhpost.com/national/eu-funds-empower-fishing-communities
Kampong Speu cement factory to ‘cut imports, lift production’
A $258 million cement factory in Kampong Speu, approved by the Council for the Development of Cambodia (CDC) on August 24, is expected to raise the nation’s cement production capacity to more than 10 million tonnes per year. ...
Hin Pisei
https://www.phnompenhpost.com/business/kampong-speu-cement-factory-cut-imports-lift-production
Kirirom Park reforestation growing roots
In the verdant expanse of Preah Suramrit Kosamak Kirirom National Park, a notable endeavour is taking root. As part of a considerable environmental initiative, nearly 20,000 saplings have found a new home within the Buddhist Cultural Centre’s grounds. ...
Bor Pich Zelin
https://m.phnompenhpost.com/national/kirirom-park-reforestation-growing-roots
Minimum wage negotiations ongoing
The National Council on Minimum Wage (NCMW) convened for its second tripartite meeting on August 28, aiming to determine a minimum wage for workers in Cambodia. Representatives from trade unions and employers gathered for discussions, though a definite base salary figure remains undecided. ...
Van Socheata
https://www.phnompenhpost.com/national/minimum-wage-negotiations-ongoing
SERC ensuring investors in the securities sector are protected
Investor protection is a top priority for the Securities and Exchange Regulator of Cambodia (SERC) – the authority in charge of monitoring, supervising and developing the sector in the Kingdom – one the body places the greatest importance. ...
Phnom Penh Post Staff
https://www.phnompenhpost.com/banking-securities-business/serc-ensuring-investors-securities-sector-are-protected
Financial sector recorded strong balance sheet growth last year
Despite challenging global conditions, Cambodia’s finance sector delivered a reasonable performance in 2022 with a strong balance sheet growth, offset by higher expenses and credit costs. ...
May Kunmakara
https://www.phnompenhpost.com/business/financial-sector-recorded-strong-balance-sheet-growth-last-year
Is a higher dividend payment always the better stock option?
When investing in stocks, investors can expect some of their assets to generate a dividend payment, a sum of money paid by a company to its shareholders out of its profits. Dividends are typically paid annually, but they can also be paid quarterly or monthly. ...
Post Staff
https://www.phnompenhpost.com/banking-securities-business/higher-dividend-payment-always-better-stock-option
IMF, ECB, global banks laud Chea Serey as NBC chief
A multitude of international financial institutions and central banks have congratulated and expressed confidence over Chea Serey’s appointment as governor of the National Bank of Cambodia (NBC), acknowledging her expertise and qualification to develop the Kingdom’s banking sector. ...
May Kunmakara
https://www.phnompenhpost.com/business/imf-ecb-global-banks-laud-chea-serey-nbc-chief
GDT hopes to collect over 107% projected tax revenue for 2023
Tax revenue in 2023 is expected to achieve 107.5 per cent of the 2023 Law on Financial Management, though the projection is lower than the collection achievement last year. ...
Hin Pisei
https://www.phnompenhpost.com/business/gdt-hopes-collect-over-107-projected-tax-revenue-2023
Meas Sophorn appointed head of PM’s spokesperson unit
The new government led by Hun Manet has appointed Meas Sophorn, former spokesman for the Ministry of Information, as head of the Prime Minister’s Spokesperson Unit to convey Manet’s personal information, communicate with domestic and international media and issue statements. ...
Sok Raksa
https://www.phnompenhpost.com/national/meas-sophorn-appointed-head-pms-spokesperson-unit
Land sales spur revenue increase for PPSP in Q2
Public-listed Royal Group Phnom Penh Special Economic Zone (PPSP) reported a significant growth in business performance in the second quarter of 2023 amid regional and global economic uncertainties. ...
May Kunmakara
https://www.phnompenhpost.com/business/land-sales-spur-revenue-increase-ppsp-q2
Agriculture ministry pushes robusta cultivation
A senior official at the Ministry of Agriculture, Forestry and Fisheries said that with a significant increase in coffee consumption in Cambodia, the ministry supports the expansion of robusta coffee bean cultivation, noting that it remains limited. ...
Van Socheata
https://www.phnompenhpost.com/business/agriculture-ministry-pushes-robusta-cultivation
CDC: Raise timber to supply local furniture sector
A senior official at the Council for the Development of Cambodia (CDC) urged local investors to consider investing in sustainable timber wood to supply wood for the furniture-making sector which has a “huge growth potential”. ...
May Kunmakara
https://www.phnompenhpost.com/business/cdc-raise-timber-supply-local-furniture-sector
Cambodia’s Hun Manet, new Thai PM pledge close co-op
On August 22, both Cambodia and Thailand welcomed new prime ministers, marking a unique coincidence. ...
Samban Chandara
https://www.phnompenhpost.com/national-politics/cambodias-hun-manet-new-thai-pm-pledge-close-co-op
East Asian economic ministers warn of threat posed by global conflicts
The ASEAN East Asian Economic Ministers’ Meeting has warned of the threat posed by geopolitical conflicts, noting that they have the potential to hindering the benefits brought about by globalisation. ...
Cambodia’s Hun Manet, new Thai PM pledge close co-op
On August 22, both Cambodia and Thailand welcomed new prime ministers, marking a unique coincidence. Former Prime Minister Hun Sen acknowledged this in a post to his official Telegram channel, highlighting the synchronicity of two constitutional monarchies ushering in new leadership on the same day. ...
Samban Chandara
https://www.phnompenhpost.com/national-politics/cambodias-hun-manet-new-thai-pm-pledge-close-co-op
New foreign minister all set to pursue predecessor’s reforms
Cambodia’s new foreign minister Sok Chenda Sophea, who is former secretary-general of the Council for the Development of Cambodia (CDC), pledges to complete the implementation of reforms introduced by his predecessor Prak Sokhonn. ...
Van Socheata
https://www.phnompenhpost.com/national-politics/new-foreign-minister-all-set-pursue-predecessors-reforms
NSAF planning fresh initiatives
In 2024, new social assistance initiatives are set to launch, following the completion of several existing programmes under the National Social Assistance Fund (NSAF). ...
Chea Sokny
https://www.phnompenhpost.com/national/nsaf-planning-fresh-initiatives
ASEAN sec-gen applauds implementation of RCEP
ASEAN Secretary-General Kao Kim Hourn expressed optimism with the implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement in a transparent manner, as businesses in the region have wider opportunities to trade and invest now. ...
Ry Sochan
https://www.phnompenhpost.com/national-politics/asean-sec-gen-applauds-implementation-rcep
New book delves into dynamics of geo-politics, int’l trade, legal affairs
In a recent book launch at CamTech University in Phnom Penh, former commerce minister Pan Sorasak hailed the release of RCEP: Part 1: Geo-Political, Geo-Economic and Legal Analysis. ...
Van Socheata
https://www.phnompenhpost.com/national/new-book-delves-dynamics-geo-politics-intl-trade-legal-affairs