25 investment projects worth over $246 million approved by CDC in May
In May 2024, the Council for the Development of Cambodia (CDC) approved 24 new projects and one production expansion project with a total investment of more than $246 million, creating about 15,000 jobs. ...
Khmer Times Staff
https://www.khmertimeskh.com/501503519/25-investment-projects-worth-over-246-million-approved-by-cdc-in-may/
Banks projected to grow at 10 percent in 2024
Cambodian banks might see growth of around 10 percent in 2024, said bankers. Industry insiders say that the banking growth of the past of 20 percent is no longer possible. ...
Rachel David
https://www.khmertimeskh.com/501503722/banks-projected-to-grow-at-10-percent-in-2024/
Kingdom’s digital sector witnesses ‘promising partnership’
One of Cambodia’s leading data centre services providers inked a key partnership deal with a Singapore company to empower the Kingdom’s digital economy. Daun Penh Data Center (DPDC) and A2000 signed an MoU in the presence of Choup Somart, Secretary of State, Ministry of Rural ...
Khmer Times Staff
https://www.khmertimeskh.com/501539687/kingdoms-digital-sector-witnesses-promising-partnership/
Cambodia collects $3B in tax revenue in H1
The government generated $2,909 million in revenue from tax and customs in the first half of 2024, representing 46 percent of the target set for 2024, a report from the Ministry of Economy and Finance showed on Monday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501540290/cambodia-collects-3b-in-tax-revenue-in-h1/
One-Party Parliament Effortlessly Passes $3.56 Billion Budget
Sixty-six National Assembly members of the ruling CPP on Tuesday unanimously approved Cambodia’s $3.56 billion draft budget for 2014 without debate and without even the hint of an opposition, whose 55 lawmakers-elect are boycotting parliament in protest over July’s still-disputed national election result. The ruling party ...
Hul Reaksmey
http://www.cambodiadaily.com/news/one-party-parliament-effortlessly-passes-3-56-billion-budget-46913/
Opposition to form ‘shadow cabinet’ in parliament
A “shadow cabinet” will be created inside the National Assembly once the CNRP’s lawmakers-elect swear into office, senior opposition party officials said Thursday, in a move that nine years ago saw an opposition lawmaker imprisoned on charges of inciting a rebellion. Prime Minister Hun Sen and ...
Alex Willemyns and Kuch Naren
http://www.cambodiadaily.com/news/opposition-to-form-shadow-cabinet-in-parliament-64917/
Kith Meng re-elected
PROMINENT businessman Kith Meng was re-elected unopposed yesterday as president of the Cambodian Chamber of Commerce. Kith Meng, the only contender who declared his candidacy for the three-year mandate, received support from all 11 candidates eligible to stand. Kith Meng, who is also chairman and chief ...
http://www.phnompenhpost.com/index.php/2011080950932/Business/kith-meng-re-elected.html
Telecommunications Regulatory Body Launched
With a proposed telecommunications law yet to be approved, the Ministry of Post and Telecommunications yesterday launched the Telcom Regulator of Cambodia (TRC) to handle disputes between mobile phone companies and Internet providers, although officials admitted that the body will have limited powers. .. But unless ...
Construction Set to Resume at CamKo City
Construction on Phnom Penh’s CamKo City project will resume after a year’s suspension following a fraud scandal that left its original financial backer bankrupt, an official at the Ministry of Land Management said Wednesday. CamKo City, located in Phnom Penh’s Russei Keo district, was halted ...
Hul Reaksmey
http://www.cambodiadaily.com/business/construction-set-to-resume-at-camko-city-45747/
Cambodia has 960 garment, footwear factories: labor minister
Garment and footwear industry, Cambodia’s largest foreign exchange earner, currently consists of 960 factories, employing some 620,000 workers, labor minister Ith Samheng said Thursday. The sector made a revenue of 5.5 billion U.S. dollars last year, accounting for around 80 percent of the country’s total exports, ...
Asean - China Centre News Staff
http://www.asean-china-center.org/english/2014-04/24/c_133287164.htm
U.S. holds intellectual property rights workshop for Cambodian, Lao officials
The United States government on Tuesday organized an intellectual property rights (IPR) enforcement workshop for some 50 Cambodian and Lao law enforcement officials. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-03/25/c_133212172.htm
Ministry of Labor knights Australian industrial commissioner
The Arbitration Council says the Ministry of Labor has knighted an Australian industrial commissioner for his long period of work as an honorary advisor to the council. In a statement posted on its website Friday, the council said Labour and Vocational Training Minister Ith Samheng awarded ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=11&token=OTZiMjJhNTM1NzQ
First sentence given for facebook comments
The Phnom Penh Municipal Court on Thursday fined a 29-year-old hairstylist and make-up artist 2 million riel, or about $500, and ordered her to pay 5 million riel, or about $1,250, in compensation to a rival beauty parlor owner she defamed on Facebook. The sentence is ...
Eang Mengleng And Denise Hruby
http://www.cambodiadaily.com/news/first-sentence-given-for-facebook-comments-51649/
Union leader rejects video, photo evidence
During his second day under questioning on charges of inciting violence and property damage at a January 2 protest, union leader Vorn Pao was presented with photographs showing his tuk-tuk packed with rocks, and a video of him calling on low-ranking police to turn their ...
Eang Mengleng and Khy Sovuthy
http://www.cambodiadaily.com/news/union-leader-rejects-video-photo-evidence-59326/
Staff of suspended factory demand wages
About 70 workers from the Xing Chang Sin factory marched to the Ministry of Labor on Friday to demand intervention after the factory allegedly failed to pay wages for the past two months. Vong Sovann, deputy director general at the Labor Ministry’s general department of ...
Sek Odom
http://www.cambodiadaily.com/news/staff-of-suspended-factory-demand-wages-65571/
Acleda to sell vehicle tax stamps
Cambodia’s government yesterday announced it had chosen the largest local bank, Acleda Bank Plc, to be its partner for vehicle tax stamp sales. Acleda will operate for the General Department of Taxation of the Ministry of Economy and Finance in all 23 provinces and Phnom Penh. Sim Eang, royal ...
Cambodia, Colombia ink deal for political consultation mechanism
Cambodia and Colombia on Monday signed a Memorandum of Understanding for the establishment of a political consultation mechanism in order to strengthen the bilateral relations and cooperation. The deal was inked between Ouch Borith, Secretary of State of Cambodian Ministry of Foreign Affairs, and Patti Londono, ...
http://news.xinhuanet.com/english/world/2013-04/08/c_132292534.htm
Cambodia’s students to get schooled in tourism
Young Cambodians will now learn about tourism in grades 11 and 12, according to the new curriculum for public education that was launched yesterday. The development is aimed at enhancing quality in the tourism sector, officials said during a press conference. The new curriculum covers the ...
Negotiations Fail as Worker, Opposition Protests Continue
Tens of thousands of workers protested in front of the Ministry of Labor on Monday, after negotiations between labor leaders and the government failed to find a resolution to demands of higher wages in the face of a rising cost of living. Labor Minister Ith ...
Kong Sothanarith
http://www.voacambodia.com/content/negotiations-fail-as-worker-opposition-protests-continue/1820038.html
Unions expect violence, but forum to go on
Despite anticipating violence between unionists and authorities, labour union heads yesterday said they will go ahead with a public forum at Freedom Park on Saturday morning. Phnom Penh City Hall on Tuesday denied a request by 18 union federations to hold a public forum at ...
Sean Teehan and Mom Kunthear
http://www.phnompenhpost.com/national/unions-expect-violence-forum-go