Cambodia confers 'Medal of Honour' to UK foundation's McGrath for mine action
Cambodian ambassador to the UK Kan Pharith presented the Royal Government of Cambodia’s Medal of Honour to Lou McGrath for his humanitarian work to help rescue victims of civil war through the Sir Bobby Charlton Foundation in Cambodia. ...
The official launch of "SME Co-Financing Scheme Phase 2" (SCFS2)
On 16 August 2021, the Ministry of Economy and Finance issued a press release on the official launch of “SME Co-Financing Scheme Phase 2” (SCFS2).On behalf of the Royal Government of Cambodia, the Ministry of Economy and Finance has the pleasure to announce the official ...
Ministry of Economy and Finance
Land sales spur revenue increase for PPSP in Q2
Public-listed Royal Group Phnom Penh Special Economic Zone (PPSP) reported a significant growth in business performance in the second quarter of 2023 amid regional and global economic uncertainties. ...
May Kunmakara
https://www.phnompenhpost.com/business/land-sales-spur-revenue-increase-ppsp-q2
Gov’t to borrow $140 million from ADB
The Royal Government of Cambodia (RGC) yesterday entered into an agreement with the Asian Development Bank (ADB) to borrow $140 million on concessional terms to implement two programs that are consistent with Pentagonal Strategy-Phase I, said the press releases issued by both parties. ...
Kang Sothear
https://www.khmertimeskh.com/501366902/govt-to-borrow-140-million-from-adb/
Cambodian officials in Labuan to cement economic collaboration
More cooperation in investment and trade is expected to take place between Labuan’s industry players and Cambodian counterparts following a technical study tour by a high-level delegation from the Cambodian Royal Government to the Labuan Corporation (LC) Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501238361/cambodian-officials-in-labuan-to-cement-economic-collaboration/
Thai fugitive linked to casino fire received Cambodian citizenship, shares business ties with Tycoon Ly Yong Phat
Fugitive Thai politician Vatana Asavahame, linked to management of the Poipet casino devastated by a deadly fire last week, received Cambodian citizenship in a 2008 royal decree, according to documents viewed by CamboJA. ...
Jack Brook and Sovann Sreypich
https://cambojanews.com/thai-fugitive-linked-to-casino-fire-received-cambodian-citizenship-shares-business-ties-with-tycoon-ly-yong-phat/
Japan to provide over $18 million to support irrigation and drainage project in Phnom Penh
The Government of Japan will extend JPY 2,482,000,000 (approximately $18,240,000) in loan to the Royal Government of Cambodia for an irrigation and drainage project in Phnom Penh, said a press release of the Ministry of Foreign Affairs and International Cooperation (MFAIC). ...
Khmer Times Staff
https://www.khmertimeskh.com/501270082/japan-to-provide-over-18-million-to-support-irrigation-and-drainage-project-in-phnom-penh/
PM awards tax reliefs for all educational establishments
In a significant move to boost the education sector in the country, the Royal Government of Cambodia has decided to extend the tax reliefs enjoyed by higher educational institutions till now to all educational establishments from January 2024 for five years until the end of ...
Manoj Mathew
https://www.khmertimeskh.com/501280100/pm-awards-tax-reliefs-for-all-educational-establishments/
Govt plans to extend NSSF health benefits to families
The Royal Government of Cambodia has plans to extend the healthcare benefits under the National Social Security Fund (NSSF) to the family members of the employees as well, said Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, recently. ...
Manoj Mathew
https://www.khmertimeskh.com/501321300/govt-plans-to-extend-nssf-health-benefits-to-families/
Government to expand road from new Siem Reap Airport to provincial city
The Royal Government has planned to upgrade the National Road (NR) 6 from the T-junction of the highway from Siem Reap-Angkor International Airport (SAI) in Siem Reap to the provincial city with a distance of nearly 20 kilometres at an estimated cost of $60 million. ...
Khmer Times Staff
https://www.khmertimeskh.com/501393810/government-to-expand-road-from-new-siem-reap-airport-to-provincial-city/
Special panel formed to oversee judicial reforms
The King has issued a Royal Decree on the Organisation and Functioning of the Judicial Reform Steering Committee, with Minister of Justice Keut Rith and Chiv Keng, President of the Supreme Court, as the co-chairs, along with four vice-chairmen and 19 other members. ...
Torn Vibol
https://www.khmertimeskh.com/501415888/special-panel-formed-to-oversee-judicial-reforms/
PM announces 617 PIPs worth $11.7 billion
In a major push for socioeconomic development and generating more job opportunities, the Royal Government of Cambodia (RGC) earmarked a three-year rolling plan for the Public Investment Programme (PIP) to complete 617 projects at the cost of $11.69 billion. ...
Nhean Chamrong
https://www.khmertimeskh.com/501458798/pm-announces-617-pips-worth-11-7-billion/
After Factory Collapse, Questions Mount Over ILO Monitoring
Labor rights activists and a government official accused the International Labor Organization’s Better Factories Cambodia program of ineffectiveness in its monitoring of factory conditions following a deadly ceiling collapse on Thursday at a shoe factory in Kompong Speu province. Moeun Tola, labor program head of the ...
http://www.cambodiadaily.com/news/after-factory-collapse-questions-mount-over-ilo-monitoring-24860/
City Hall bans June Textile rally
The president of the Cambodian Confederation of Unions said yesterday that he would defy a municipal order banning employees from June Textile Factory from marching to Prime Minister Hun Sen’s house to seek resolution in a labour dispute. According to a report from a City ...
China IPO to benefit Kingdom
China’s Sinohydro Group Ltd earned US$2.12 billion in an initial public offering on the Shanghai Stock Exchange, the company announced yesterday. The move came just two months before Sinohydro launches the Kamchay Hydroelectric Dam in Cambodia’s Kampot province. The company expects the IPO to help fund ...
http://www.phnompenhpost.com/index.php/2011093051879/Business/china-ipo-to-benefit-kingdom.html
Firm refuses housing pleas
The owner of development firm Phan Imex Company said yesterday that 64 families from the capital’s Borei Keila community who were demanding compensation for houses demolished on January 3 did not have the documents to prove they had owned a house on the site. Phan Imex ...
http://www.phnompenhpost.com/index.php/2012011854001/National-news/firm-refuses-housing-pleas.html
Silver screen setting up
Sabay Company is set to open a cinema in Sorya Mall on August 4, aiming to become the second cinema in as many months to show licenced films in the Kingdom, Sabay Chief Commercial Officer Abhaya said yesterday. Legend cinema began showing primarily Hollywood movies in ...
http://www.phnompenhpost.com/index.php/2011072950715/Business/silver-screen-setting-up.html
Residents tell tycoon to back off
Families protesting encroachment onto their land by a tycoon who is expanding a road in Phnom Penh’s Meanchey district filed a complaint to the Prime Minister’s cabinet and the Municipal Court on Tuesday. On Friday, employees working for tycoon Thong Sarath demolished fences on eight ...
ACLEDA, Tong Yang sign MoU
Tong Yang Securities (Cambodia) and ACLEDA Securities yesterday signed a memorandum of understanding to partner the services they offer to the Kingdom’s budding financial markets. To expand their footprint in the market, the companies aimed to provide a combination of advisory and underwriting services for companies ...
http://www.phnompenhpost.com/index.php/2011102752376/Business/acleda-tong-yang-sign-mou.html
Camintel to join mobile scramble
A ninth telecoms operator would enter the Cambodian market next year, officials said yesterday, surprising insiders who claimed the sector was already overcrowded. Camintel, a joint Cambodian state- and Korean-owned company, would offer mobile services in 2012, CEO Kang Namkook said yesterday at a telecommunications conference ...
http://www.phnompenhpost.com/index.php/2011102752377/Business/camintel-to-join-mobile-scramble.html