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
His Excellency Deputy Prime Minister PRAK Sokhonn, Minister of Foreign Affairs and International Cooperation of Cambodia, will participate in the 54th ASEAN Foreign Ministers’ Meeting (54th AMM) and related meetings
On 30 July 2021, the Ministry of Foreign Affairs and International Cooperation issued a press release on His Excellency Deputy Prime Minister PRAK Sokhonn, Minister of Foreign Affairs and International Cooperation of Cambodia, participating in the 54th ASEAN Foreign Ministers’ Meeting (54th AMM) and Related ...
Ministry of Foreign Affairs and International Cooperation
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 ...
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/
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/
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 ...
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/
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 ...
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