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PM: Cambodia on track for high-income status

Extolling forecasts that Cambodia’s economy will maintain its 7 percent growth rate this year, Prime Minister Hun Sen yesterday reiterated a past prediction that the country would reach upper-middle income status by 2030 and become a high-income country in 2050 – though one expert said ...

Touch Sokha
http://www.phnompenhpost.com/national/pm-cambodia-track-high-income-status

Government considers a tax on carbon aviation

Cambodia is considering adopting an aviation tax for flights leaving the Kingdom, local media reported yesterday. The announcement came as Environment Minister Say Samal delivered remarks at the COP22 UN Climate Conference in Morocco. The conference comes one year after the historic signing of the Paris ...

Post Staff
http://www.phnompenhpost.com/business/government-considers-tax-carbon-aviation

Coastal land rights protest rages on

The prime minister’s call for provincial governors to help solve land disputes has fallen on deaf ears, according to members of a group of 500 protesters who demonstrated in front of the Preah Sihanouk provincial government hall yesterday asking for an expedited land titling process ...

May Titthara
http://www.khmertimeskh.com/news/33329/coastal-land-rights-protest-rages-on/

Smart posts Q1 growth despite stiff competition

Cambodian telecom Smart Axiata retained healthy growth in the first quarter, with revenue rising 17 percent year-on-year to 318,000,000 ringgit ($74.5 million), fuelled by data monetisation and effective cost management despite aggressive price competition by other telecommunication players, according to financials released by Malaysian parent ...

Post Staff
http://www.phnompenhpost.com/business/smart-posts-q1-growth-despite-stiff-competition

Naga profits hit jackpot again

NagaCorp’s winning streak shows no signs of letting up, with the Hong Kong-listed casino operator posting another impressive half-year result, reporting profits up more than 20 percent year-on-year during the first six months of 2017 on a surge in VIP rollings and visits to its ...

Cam McGrath
http://www.phnompenhpost.com/business/naga-profits-hit-jackpot-again

Cambodia Daily given till Sept 4 to pay taxes

The Tax Department’s Kong Vibol on Saturday said English-language newspaper the Cambodia Daily faced shuttering and the seizure of its assets if it failed to pay back taxes it allegedly owes by September 4 – a seeming escalation in the government’s recent targeting of NGOs and ...

Ananth Baliga and Niem Chheng
http://www.phnompenhpost.com/national/cambodia-daily-given-till-sept-4-pay-taxes

Ministry shutters NDI for Lango violations as US Embassy hits back

The Cambodian Foreign Ministry yesterday announced that it was halting the operations of the US State Department-funded National Democratic Institute (NDI) and expelling all its foreign staff from the Kingdom in the next week – a move that prompted the US Embassy to fire back ...

Ananth Baliga
http://www.phnompenhpost.com/national/ministry-shutters-ndi-lango-violations-us-embassy-hits-back

Five new bus lines unveiled

The Phnom Penh Governor has unveiled five new bus lines to launch over the next two months in a bid to improve transport for garment workers. The move came after Prime Minister Hun Sen announced the workers would be allowed to ride on public buses free ...

Mom Kunthear
http://www.khmertimeskh.com/5080573/five-new-bus-lines-unveiled/

Chroy Changva Bridge to close

The Chroy Changva Bridge will be temporarily closed for 21 months starting in early October to repair it at a cost of about $33 million. The Japan International Cooperation Agency yesterday released a statement regarding the overhaul of the bridge, also known as the Cambodian-Japanese Friendship ...

Pech Sotheary
http://www.khmertimeskh.com/5083653/chroy-changva-bridge-close/

Hun Sen orders crackdown on overloaded trucks

Prime Minister Hun Sen on Friday ordered a crackdown on overloaded and modified trucks on Friday, threatening to fire officials who let drivers off easy and to imprison drivers who protest. The prime minister issued the order at the groundbreaking of a bridge in Kampong ...

Mech Dara
http://www.phnompenhpost.com/national/hun-sen-orders-crackdown-overloaded-trucks

Pursat official arrested for falsified paperwork

The head of the bidding office for Veal Veng district in Pursat province was sent to pre-trial detention yesterday on allegations of falsifying paperwork for locals seeking land ownership documents. Heng Donin, Pursat Provincial Court spokesman, confirmed the detention and said district bidding chief Prak ...

Niem Chheng
http://www.phnompenhpost.com/national/pursat-official-arrested-falsified-paperwork

NBC, CRF offer rice loan support

In an effort to help small and medium-sized rice millers and exporters that are presently unable to provide suitable collateral to qualify for the government’s emergency $27 million rice loan, the National Bank of Cambodia (NBC) has joined with the Cambodia Rice Federation (CRF) to ...

May Kunmakara
http://www.khmertimeskh.com/news/31307/nbc--crf-offer-rice-loan-support/

Internet freedom ranking slips

Cambodia fell four spots in a 2016 ranking of internet freedom across the world released yesterday, with the organization behind it tying the drop to a spate of arrests for nothing more than Facebook posts and a much-maligned telecommunications law that critics say gives the ...

Pech Sotheary
http://www.khmertimeskh.com/news/32011/internet-freedom-ranking-slips/

Pursat market to boost local vegetable trade

Farmers in Pursat province are to benefit from a new vegetable market, allowing them to sell their produce for free for the first five years. The market is aimed at boosting sales of chemical-free vegetables for distribution across the country, to reduce reliance on imported vegetables ...

Sum Manet
http://www.khmertimeskh.com/news/38550/pursat-market-to-boost-local-vegetable-trade/

Slow election count raises eyebrows

The National Election Committee (NEC) continued on Tuesday to say slow internet and blurry photographs were to blame for delays in publishing election results for 344 remaining communes, with its spokesman offering no timeline for when the public could expect complete results. Some parties and ...

Van Roeun and Ben Paviour
https://www.cambodiadaily.com/news/slow-election-count-raises-eyebrows-131066/

Water utility says order to drop rates will not dilute its revenues

Prime Minister Hun Sen’s order for the capital’s water supplier to lower its rates and compensate customers for charges incurred under a new payment scheme introduced in May will not have a significant impact on the company’s revenue or growth plans, a finance officer at ...

Hor Kimsay
http://www.phnompenhpost.com/business/water-utility-says-order-drop-rates-will-not-dilute-its-revenues

Japanese investors eye the Cambodian market

Ith Sam Heng, the Minister of Labour and Vocational Training, met yesterday with Yoshio Kondo, the director of Procast Asia, who is leading a delegation of businessmen from the Toukaizaikai Association, an organisation that has more than 300 member companies in the manufacturing industry and ...

May Kunmakara
http://www.khmertimeskh.com/5087659/japanese-investors-eye-cambodian-market/

CDC to post project decisions on Facebook

The Council for the Development of Cambodia (CDC), the government body in charge of approving large-scale investments, has taken to Facebook to officially announce its decisions on investment projects, a move that a government official claimed yesterday will provide more transparent access for investors and ...

Hor Kimsay and Kali Kotoski
http://www.phnompenhpost.com/business/cdc-post-project-decisions-facebook

Hundreds of truck owners fined

More than 300 overloaded trucks were fined nearly $135,000 last month, causing the Transport Ministry to call for stricter action to protect the country’s roads.A Transport Ministry report said a committee comprised of ministry officials and law enforcement officers seized 307 overloaded trucks, resulting in ...

Pav Suy
http://www.khmertimeskh.com/50101342/hundreds-truck-owners-fined/

Judges, prosecutors ‘disciplined’

Twelve judges and five prosecutors were verbally “disciplined” yesterday during a meeting of the Supreme Council of Magistracy presided over by King Norodom Sihamoni. Sam Prachea Manith, spokesman for the council, declined to name the people singled out. “This is for a small mistake that they forgot ...

Niem Chheng
http://www.phnompenhpost.com/national/judges-prosecutors-disciplined

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