PM pushes for commercial, labour courts in next five-year mandate
Prime Minister Hun Sen requested that the Ministry of Justice prepare legal frameworks that will expedite the formation of dedicated commercial and labour courts. ...
Van Socheata
https://www.phnompenhpost.com/national/pm-pushes-commercial-labour-courts-next-five-year-mandate
Chinese-owned Kratie tyre plant gets CDC’s nod
Newbustar (Cambodia) Tire Co Ltd, a member of the Chinese state-owned Doublestar Group, is investing some $138 million in a tyre factory in Kratie province’s southeast to tap into the domestic market. ...
May Kunmakara
https://www.phnompenhpost.com/business/chinese-owned-kratie-tyre-plant-gets-cdcs-nod
GDT, GDCE revenues top $1.9B, pass 30% of 2023 goal
The finance ministry’s taxation and customs departments collectively netted $1.908 billion in revenues in the first quarter of 2023, marking just over 30 per cent of the full-year target, official figures show. ...
Hin Pisei
https://www.phnompenhpost.com/business/gdt-gdce-revenues-top-19b-pass-30-2023-goal
Foreign investments up $45.8b in Q1’23 - NBC
Cambodia recorded a nine percent year-on-year growth in foreign direct investment (FDI) at 185.7 trillion riel ($45.8 billion) in the first quarter of 2023, the National Bank of Cambodia (NBC) revealed via Twitter yesterday. ...
Sangeetha Amarthalingam
https://kiripost.com/stories/cambodia-nbc-foreign-investments-up
Government Amends Anti-Money Laundering Law
The Council of Ministers on Friday approved a draft law amending three articles in the law on anti-money laundering and the financing of terrorism in order to make Cambodia more investment-friendly. Last month, the National Bank of Cambodia’s Financial Intelligence Unit (FIU), law enforcement officials ...
The Kingdom’s first IPO
The long awaited first security listing on the Cambodian Securities Exchange became a reality on February 23 with the Security Exchange Commission of Cambodia’s “in principle” approval of Phnom Penh Water Supply Authority’s (PPWSA) “disclosure document for public issuance of equity securities”. This is effectively a ...
http://www.phnompenhpost.com/index.php/2012030854926/Business/the-kingdoms-first-ipo.html
Development plan in works
Villagers in three provinces are currently being surveyed by the Ministry of Rural Development and South Korea’s International Cooperation Agency (KOICA) for an upcoming development pilot project. The surveys in Takeo, Kampong Speu and Tbong Khmum provinces seek to find 30 villages to be a part ...
Taing Vida and Sean Teehan
http://www.phnompenhpost.com/national/development-plan-works
Number of ‘A’ grade earners on diploma exam quadruples
Prime Minister Hun Sen is scheduled to meet with high school students who passed the Grade 12 exam with an “A” grade following the announcement of the results by the Ministry of Education, Youth and Sport on January 14, indicating a nearly four-fold increase in ...
Voun Dara
https://www.phnompenhpost.com/national/number-grade-earners-diploma-exam-quadruples
KOICA scholarships for Cambodian government officials tops 3000
The Korean International Cooperation Agency (KOICA) has sent over 3000 Cambodian officials employed in ministries and other government institutions to study Master’s Degree programs in South Korea since 1993, a KOICA senior official told Khmer Times. ...
Chea Vannak
http://www.khmertimeskh.com/news/15370/koica-scholarships-for-cambodian-government-officials-tops-3000-/
Cambodia organizes large-scale trade fair to boost import-export activities
The 7th Cambodia Import-Export Promotion Exhibition kicked off here on Saturday, aiming at promoting local trade and trade between the country and its foreign trading partners. The four-day event, held at the capital’s Diamond Island Exhibition Center, brought together products from 21 countries around the world, ...
http://news.xinhuanet.com/english/business/2012-12/15/c_132042699.htm
Tiffany to polish diamonds
Luxury jewellery brand Tiffany & Co is building a diamond-polishing factory in Phnom Penh, as the company, which has enjoyed increasing sales, seeks to ensure it can continue supplying the diamonds it needs. Construction began last month on the 1.2-hectare factory, along with a training centre, ...
http://www.phnompenhpost.com/2013041064983/Business/tiffany-to-polish-diamonds.html
Cambodia's mangroves under threat
Cambodia’s vital southern mangrove systems are choking as rising sea levels, agitated by climate change, inundate them with sand, while sand dredging sucks them dry of sediment, a study by the International Union for the Conservation of Nature (IUCN) has found. Stressed by a host of ...
http://www.phnompenhpost.com/index.php/2012120560112/National-news/mangroves-threatened.html
Angkor revenue up, tourists amount down
According to a new report by the Ministry of Tourism published yesterday, revenue from ticket sales to the Angkor Archeological Park reached $39.48 million in the first quarter of 2018, 28 percent higher than the corresponding period last year. Ministry data showed 854,584 tourists visited the ...
Sum Manet
http://www.khmertimeskh.com/50269499/angkor-revenue-up-tourists-amount-down/
Best tourism communities to be chosen in new contest
The Ministry of Tourism recently announced a new contest to find the best community-based tourism sites in the Kingdom and has called on villages and communities around the country to submit their application. ...
Chea Vannak
https://www.khmertimeskh.com/50492441/best-tourism-communities-to-be-chosen-in-new-contest/
Koh Trong pomelo gets GI recognition
The pomelo grown in Kratie’s Koh Trong commune is now the third Cambodian product to obtain Geographical Indication (GI) status, following in the footsteps of Kampot pepper and Kampong Speu’s palm sugar. ...
Sok Chan
https://www.khmertimeskh.com/50504798/koh-trong-pomelo-gets-gi-recognition/
Chinese visitors to the Kingdom spike
During the first four months of the year, Cambodia welcomed more than 647,000 Chinese visitors, an increase of more than 79 percent, according to the Cambodian Tourism Minister. ...
Sum Manet
https://www.khmertimeskh.com/50507277/chinese-visitors-to-the-kingdom-spike/
Inflow of FDI up in first half
The inflow of foreign direct investment (FDI) into Cambodia witnessed solid growth in the first half of this year due to strong funds flowing into the financial and real estate sectors, said a central bank report. It said this was despite the agriculture and garment ...
Hor Kimsay
https://www.phnompenhpost.com/business/inflow-fdi-first-half
Trapping contributes to tiger decline
The World Wide Fund for Nature in Cambodia has urged the government to crack down on wildlife trapping, trafficking and illegal logging to conserve wildlife and natural resources. Tigers especially had been seriously threatened by hunting and trapping. ...
Pech Sotheary
https://www.khmertimeskh.com/50514520/trapping-contributes-to-tiger-decline/
Police chief called on to curb protests in capital
Phnom Penh governor Khuong Sreng on Tuesday told the newly appointed municipal police chief to continue preventing protests and crimes of all kinds in the capital. Sar Thet, who maintains his position as deputy National Police chief, replaced Chuon Sovann who has been promoted as ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/police-chief-called-curb-protests-capital
Government leads forum on tourism investment
The Ministry of Tourism led a forum on investment in the Kingdom’s tourism sector for the first time on Monday in Siem Reap. A panel of national and international experts from 11 countries led discussions about the development of the industry. ...
Cheng Sokhorng
https://www.phnompenhpost.com/business/government-leads-forum-tourism-investment