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New boss to take over from Sok Bun

Following real estate tycoon Sok Bun’s resignation last month, Teho International, developers of the $500 million The Bay condominium and hotel project, have appointed Yim Chhay Line as a director to the board of the joint venture in Cambodia. ...

Ananth Baliga
http://www.phnompenhpost.com/business/new-boss-take-over-sok-bun

Cambodia, Thailand say ‘no easy fix’ for Myanmar crisis

The Ministry of Foreign Affairs and International Cooperation has expressed serious concerns over the intense clashes in Loikaw – the capital of Myanmar’s Kayah State – between the military and armed opposition forces including the State’s largest ethnic minority militia. ...

Ry Sochan
https://www.phnompenhpost.com/national-politics/cambodia-thailand-say-no-easy-fix-myanmar-crisis

What did Suu Kyi’s first Cambodia visit achieve?

Last week, Myanmar’s de facto leader and State Counselor Aung San Suu Kyi paid her first visit to Cambodia in her current capacity. The trip spotlighted the ongoing State of ties between the two fellow Southeast Asian States amid wider domestic and foreign policy developments. Cambodia ...

Prashanth Parameswaran
https://thediplomat.com/2019/05/what-did-suu-kyis-first-cambodia-visit-achieve/

Cambodia rejoins the world of stocks

Enthusiasm about the start of trading at the exchange, which opened last July without a single listed company, extends beyond the borders of the Southeast Asian country. Investors including Templeton Emerging Markets Group Chairman Mark Mobius said they plan to participate in Cambodia’s stock market ...

http://www.brisbanetimes.com.au/business/world-business/cambodia-rejoins-the-world-of-stocks-20120319-1ver3.html

Rail Operator Restarts Train Services to Kampot

Toll Royal Railways (TRR), the current operator of Cambodia’s dilapidated rail network, restarted freight services to Kampot province yesterday, four months after it suspended its work. TRR’s resumption comes on the heals of a rival proposal to manage the train network by a consortium that includes one ...

Garment firm to list on CSX

The Taiwanese-owned garment company Grand Twins International (Cambodia) Plc says it intends to list on the Cambodia Securities Exchange (CSX) next month, in a boost for the Kingdom’s nascent stock market. Phnom Penh Securities (PPS), an underwriter for Grand Twins International (GTI), said yesterday the company ...

http://www.phnompenhpost.com/2013020761223/Business/garment-firm-to-list-on-csx.html

Parties slug it out in rare TV debate

Breaking into a medium almost universally controlled by the ruling party, acting opposition president Kem Sokha squared off yesterday against rival legislators during the filming of what may well have been Cambodia’s first televised national election debate. The debate at the state-run TVK studios, which featured ...

http://www.phnompenhpost.com/national/parties-slug-it-out-rare-tv-debate

IMF Managing Director Christine Lagarde to Visit Cambodia

nternational Monetary Fund (IMF) managing director Christine Lagarde will visit Cambodia next week as part of an Asia tour that will also include stops in South Korea and Burma, according to an IMF spokesman. Ms. Lagarde will meet with Cambodian government officials, university students, investors and ...

Colin Meyn
http://www.cambodiadaily.com/business/imf-managing-director-christine-lagarde-to-visit-cambodia-47940/

Local MFIs’ high-tech investment

The first time Leang Horng, a resident of Kandal province’s Saang district, made use of a micro-finance institution, a loan was the only service he needed. At that time, Horng had no idea about deposits or money transfers. But things have changed in the past few ...

http://www.phnompenhpost.com/2013022661599/Business/local-mfis-high-tech-investment.html

Canadian Aid for Communal Land Titles to End in March

Canadian funding for ethnic minority communities in the process of applying for communal land titles will run out in March, and other donors have not yet signed up to take over the task, officials from the Canadian International Development Agency (CIDA), which currently provides the ...

http://www.cambodiadaily.com

New Coal Plant to Tackle Blackouts

National energy supplier Electricite du Cambodge (EdC) on Monday announced that a 50-MW coal-fired power plant in Preah Sihanouk province is ready to come online this week and will solve Phnom Penh’s chronic blackouts. The statement does not mention which power plant had been completed, ...

http://www.cambodiadaily.com/news/new-coal-plant-to-tackle-blackouts-31220/

New Preah Kossamak Cambodia-China Friendship Medical Building starts operations in Cambodia

The Cambodia-China Friendship Medical Building, a key livelihood project shouldered by State-owned China State Construction Engineering Corp, was officially put into use in Cambodia’s capital Phnom Penh on March 21. ...

Khmer Times Staff
https://www.khmertimeskh.com/501049708/new-preah-kossamak-cambodia-china-friendship-medical-building-starts-operations-in-cambodia/

Deadline passes but beachside eviction still imminent

The two-kilometer stretch of white sand that curves along  translucent sea in an idyllic bay near Sihanoukville was still living up to its picture-perfect mystique on Sunday, with couples strolling hand-in-hand beneath the cloudless sky as others slouched in cushioned chairs soaking up the sun. ...

Maddy Crowell
http://www.khmertimeskh.com/news/22815/deadline-passes-but-beachside-eviction-still-imminent/

Toll may lose rail rights

A company with ties to one of China’s top state-owned firms will look to push Toll Royal Railways and its local partner Royal Group of Companies out of a 30-year railroad concession with pledge to invest nearly US$850 million to revamp existing lines and build an additional ...

http://www.phnompenhpost.com/index.php/2012082158175/Business/850m-backing-for-cambodias-railways.html

Deforestation warming Cambodia, activists say

As the impacts of climate change become more apparent worldwide, members of the public are connecting more weather events to the phenomenon. In March and April, for example, extreme heat baked mainland Southeast Asia. On April 20, Vietnam set an all-time observed record high temperature, 43 ...

Michael Tatarski
https://www.asiatimes.com/2019/06/article/deforestation-warming-cambodia-activists-say/

Japan offers $239 million in emergency assistance

Japanese Foreign Affairs Minister Motegi Toshimitsu announced yesterday Japan will provide $239 million in emergency financial assistance to support Cambodia, saying it “has suffered from adverse economic impacts as a result of the novel coronavirus disease (COVID-19).”   ...

Ry Sochan
https://www.khmertimeskh.com/50775690/japan-offers-239-million-in-emergency-assistance/

No foreign aid offered to run National Election

No foreign country has offered to assist the National Election Committee (NEC) with financial assistance or in kind for running next year’s National Election. ...

Soth Koemsoeun
https://www.khmertimeskh.com/501147606/no-foreign-aid-offered-to-run-national-election/

ADB offers Covid recovery package

Cambodia could potentially benefit from a $20.5 billion financial package for the Asia-Pacific committed by the Asian Development Bank (ADB), and use the funds to support its post-Covid-19 economic recovery, as extreme weather events compounded by a worsening regional food crisis and the still-ongoing Ukraine ...

May Kunmakara
https://www.phnompenhpost.com/business/adb-offers-covid-recovery-package

Sub-Decree to Require Licenses fro Tour Guides

The Council of  Ministers on Friday approved a sub-decree requiring tour guides to obtain licenses from the government in an effort to regulate and improve quality of service in the tourism sector. The sub-decree aims “to define the procedure to manage tourist guides,”and requires current ...

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