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Electricity investment exceeds $6B

The government attracted more than $6 billion in electricity investment between 2006 and the end of last year. This is in response to rising electricity demands and is in line with government goals to reduce its cost for both commercial and residential users. ...

Thou Vireak
https://www.phnompenhpost.com/business/electricity-investment-exceeds-6b

US stance a ‘positive move in building trust and confidence’

Comments made by US Ambassador to Cambodia, Patrick Murphy, that his country is not pursuing regime change in the Kingdom is an “important message” for efforts to restore relationships between the two nations. ...

Ben Sokhean
https://www.khmertimeskh.com/50698241/us-stance-a-positive-move-in-building-trust-and-confidence

Bikes, timber pieces seized in Mondulkiri, Ratanakkiri

Three purpose-fitted motorbikes used to carry processed wood and 12 illegal timber pieces of koki and sokrom luxury wood were seized by the Royal Gendarmerie in O’Yadav district, in Ratanakkiri province, and police in Mondulkiri’s Keo Seima district, for further legal action, said the provincial ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/bikes-timber-pieces-seized-mondulkiri-ratanakkiri

USAID provides additional grant to stimulate conservation action

The United States Agency for International Development yesterday announced the provision of an additional grant worth $100,000 to Sansom Mlup Prey Organisation, through the Greening Prey Lang Project. The grant seeks to stimulate conservation efforts which include the promotion of wildlife-friendly farming in communities living ...

Pech Sotheary
https://www.khmertimeskh.com/50732091/usaid-provides-additional-grant-to-stimulate-conservation-action/

Groups discuss impact of upcoming Laos dam

A coalition of youth and community groups yesterday held a meeting in Phnom Penh to discuss the controversial Pak Beng dam in Laos, issuing a request for its construction to be halted until after an impact assessment expected from the Mekong River Committee (MRC) is ...

Soth Koemsoeun
http://www.phnompenhpost.com/national/groups-discuss-impact-upcoming-laos-dam

Cambodia exports two million tonnes of agricultural products in first five months

A total of 1.9 million tonnes of agricultural products have been exported in the first five months of this year, a 7 percent increase compared to the same period last year. Of the total exported agricultural products, milled rice was accounted for about 350,000 tonnes, ...

Chea Vannak/AKP
https://www.khmertimeskh.com/50736330/cambodia-exports-two-million-tonnes-of-agricultural-products-in-first-five-months/

Forest activists asked to court over protest

The Preah Vihear provincial prosecutor has summoned 11 members of Prey Preah Roka Forest Community Network to testify in a series of cases involving fraud and incitement to cause social unrest in connection with a planned protest For the release of Rong Chhun, the president ...

Nov Sivutha
https://www.phnompenhpost.com/national/forest-activists-asked-court-over-protest

Firm wins rights to ticket sales at Kirirom, Prek Toal

The Ministry of Environment awarded rights to ticket sales at Kirirom National Park and the Prek Toal bird sanctuary to locally-owned firm Lim Sok Cheng for 2021. Kirirom National Park covers 8,401ha in Kampong Speu province and is 44km from the provincial capital of the ...

Thou Vireak
https://www.phnompenhpost.com/business/firm-wins-rights-ticket-sales-kirirom-prek-toal

NBC governor wins award

National Bank of Cambodia (NBC) governor Chea Chanto won Central Banker of the Year, Asia-Pacific award from premier financial magazine The Banker for his leadership in successfully navigating through a stormy 2020 during the Covid-19 crisis. ...

May Kunmakara
https://www.phnompenhpost.com/business/nbc-governor-wins-award

Programmes

Open Development Myanmar’s programmes support the open movement in Myanmar and the Mekong region through making data and objective information accessible and useful to all people in the country. Our programmes aim to build strong data constituents who can act to level the playing field ...

ASEAN digital ministers hear Kingdom’s infrastructure priorities

Cambodia prioritised the development of its telecommunications infrastructure as a commitment at the first ASEAN Digital Ministers’ Meeting. ASEAN, already the most-connected region in the world, has set a goal for transitioning to a digital economy under the ASEAN Digital Masterplan 2025. ...

Husain Haider
https://www.khmertimeskh.com/50807773/asean-digital-ministers-hear-kingdoms-infrastructure-priorities/

80MW wind farm project in Kampot hits EdC price snag

French-owned The Blue Circle’s 80MW wind power investment project in Kampot province has hit an impasse, as its proposed $0.068 per kWh tariff rate for the national grid exceeds what state-run energy supplier Electricite du Cambodge (EdC) is willing to pay, according to a Ministry ...

Hin Pisei
https://www.phnompenhpost.com/business/80mw-wind-farm-project-kampot-hits-edc-price-snag

Capital redesignates colour-coded zones amid resurgence of Covid-19

The Phnom Penh Municipal Administration has redesignated some areas in Russey Keo and Por Sen Chey districts as orange zones after a resurgence of Covid-19 cases there. This came as restrictions were lifted for certain orange zones in several districts after the community outbreak eased. ...

Mom Kunthear
https://www.phnompenhpost.com/national/capital-redesignates-colour-coded-zones-amid-resurgence-covid-19

Cambodia set to reaffirm commitment at Non-aligned Movement conference

Ouch Borith – minister attached to the prime minister and permanent secretary of state for the Ministry of foreign Affairs and International Cooperation – is slated to personally attend the High-Level Meeting to Commemorate the 60th Anniversary of the First Conference of the Non-Aligned Movement ...

Ry Sochan
https://www.phnompenhpost.com/national/cambodia-set-reaffirm-commitment-non-aligned-movement-conference

Proposed Tonle Sap ‘lake road’ to link Siem Reap and Battambang

Ministry of Public Works and Transport officials met this morning to discuss an ambitious proposal that will cross the Tonle Sap lake. The officials met via Zoom to to seek support from the Tonle Sap Authority – which manages the Tonle Sap Lake – for ...

Khmer Times Staff
https://www.khmertimeskh.com/50894526/proposed-road-across-tonle-sap-lake-to-link-siem-reap-and-battambang/

Floods affected 45,000 families in 17 provinces

Floods over the past four months in the Kingdom affected more than 45,000 families across 17 provinces, the National Committee for Disaster Management (NCDM) said. ...

Chhun Sunly
https://www.khmertimeskh.com/50969277/floods-affected-45000-families-in-17-provinces/

Economy may expand 5.6% in 2022: minister

Minister of Economy and Finance Aun Pornmoniroth has pegged Cambodia’s economic growth at 5.6 per cent for 2022, reflecting national progress towards herd immunity against Covid-19, underpinned by vaccination rates that rank among the best globally and that have motivated the government to allow the ...

May Kunmakara
https://www.phnompenhpost.com/business/economy-may-expand-56-2022-minister

PM: No need to close Phnom Penh or Cambodia because of Omicron

Responding to rumours that the Royal Government plans to close Phnom Penh or close the country after the spread of Omicron, PM Hun Sen has declared that there is no need to for closure like in 2021 due to the high vaccination rate. ...

Khmer Times Staff
https://www.khmertimeskh.com/501029667/pm-no-need-to-close-phnom-penh-or-cambodia-because-of-omicron/

ACLEDA reports 20% less net profit in Q1

Mainboard-listed commercial bank ACLEDA Bank Plc’s net profit for the first quarter ended March 31 fell 20 per cent to $35.36 million from $44.10 million last year as a result of widening net impairment loss, interest expense, and general and administrative expenses. ...

May Kunmakara
https://www.phnompenhpost.com/business/acleda-reports-20-less-net-profit-q1

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