Coastal developments add new niche to property market
With the recent groundbreaking of the luxury Royal Sands residential project on Koh Rong by a Cambodian conglomerate Royal Group and two major luxury condominium projects being developed on or near the shoreline of Sihanoukville, real-estate agents say a new chapter has begun in the ...
May Kunmakara and Vincent MacIsaac
http://www.khmertimeskh.com/news/19116/coastal-developments-add-new-niche-to-property-market/
CAIF hopes to put a dent in used auto market
The independent industry body representing Cambodia’s authorised automobile distributors launched a consumer awareness campaign yesterday aimed at informing the public of the risks of purchasing second-hand cars on the local grey market, which it said reduces government tax revenue while flooding the streets with predominately ...
Kali Kotoski
http://www.phnompenhpost.com/business/caif-hopes-put-dent-used-auto-market
New milestone for Cambodia and Vietnam bilateral trade
The two-day official state visit to the Kingdom, that started yesterday, by Vietnam’s new President Tran Dai Quang marks a new milestone for bilateral trade and investment between the two close neighbors that would also have a multiplier effect of attracting overseas capital into the ...
May kunmakara
http://www.khmertimeskh.com/news/26107/new-milestone-for-cambodia--and-vietnam-bilateral-trade/
Workers at two factories rally for their rights
Almost 100 workers from the Chung Fai Knitwear FTY factory in Phnom Penh’s Meanchey district gathered in front of the Municipal Courthouse again yesterday, demanding the court issue an arrest warrant for the owner of their factory, who fled the country last month and has ...
Mom Kunthear
http://www.khmertimeskh.com/news/27652/workers-at-two-factories-rally-for-their-rights/
Gloomy forecast for Cambodia's rice sector
An industry analyst has issued a dire forecast for Cambodia’s rice sector, claiming the long-grain “white gold” that has been credited with lifting millions of Cambodia’s farmers out of abject poverty, and which seems a natural fit for the Kingdom’s agrarian workforce, is on a ...
Cam McGrath and Cheng Sokhorng
http://www.phnompenhpost.com/business/gloomy-forecast-cambodias-rice-sector
US continues program for young leaders in Southeast Asia
The US has steadily been increasing its engagement with Southeast Asia, launching in recent years a wide range of programs. Among them is the Young Southeast Asian Leaders Initiative, which launched under President Barack Obama in 2013 and aims to develop leaders in the region ...
Sun Sokhen
http://www.voacambodia.com/content/us-continues-program-for--young-leaders-in-southeast-asia/2975503.html
U.N officers admires Cambodia’s success in the fight against HIV/AIDS
The United Nations has expressed admiration to Cambodia for having responded successfully to the spread of HIV/AIDS, reported the state news agency-AKP. According to an official report, Cambodia has currently over 700,000 people living with HIV/AIDS and some 500,000 of them are receiving antiretroviral treatment. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/un-officers-admires-cambodia%E2%80%99s-success-in-the-fight-against-hivaids-9057
Prince MFI opens in an expanding market
Prince Microfinance Plc held its official opening yesterday, becoming the 49th registered microlender to operate in Cambodia’s rapidly expanding microfinance market.Hon Sorachana, CEO of Prince Microfinance Plc, said the new financial institution will focus on providing a range of credit options to Cambodians and foreigners, ...
Kun Kourchettana
http://www.phnompenhpost.com/business/prince-mfi-opens-expanding-market
‘Policymakers still stuck in comfort zone’
As the global economy faces a challenging growth environment, developed and least developed countries are increasingly competing for export markets to spur growth, with many – like Cambodia – aiming to diversify markets as well as products. Cambodia has relied primarily on exports of ...
May Kunmakara
http://www.khmertimeskh.com/news/18178/---policymakers-still-stuck-in-comfort-zone---/
Cambodia aims higher in manufacturing sector
After decades of solid growth driven by its garment industry, Cambodia is seeking to shift its economy into more sophisticated light manufacturing, such as electronics and auto-parts. Most of these manufacturers are Japanese and they are slowly coming online in Cambodia’s special economic zones, aiming ...
Daniel De Carteret, Chan Muyhong
http://www.voanews.com/content/cambodia-aims-higher-in-manufacturing-sector/3184557.html
Koh Rong Samloeun’s Asia-driven tourism boom
Just four years ago, the white sand beach at Koh Rong Samloeun’s Saracen Bay was empty. Now workers can be seen scrambling over the frames of new bungalows along the shoreline, and speed boats arrive hourly from the mainland to drop off crowds of tourists ...
Jonathan Cox
http://www.khmertimeskh.com/news/21542/koh-rong-samloeun---s-asia-driven-tourism-boom/
As rail plan delayed, homeless take shelter in Battambang station warehouse
Many Battambang residents see the squatter camp at the train depot’s abandoned warehouse as a den of criminals and drug addicts. Fourty-four-year-old Srey Oun sees it as her home. “Many of the people who live here are unemployed,” she said, “but I am always scavenging ...
Ven Rathavong and Jonathan Cox
http://www.khmertimeskh.com/news/22935/as-rail-plan-delayed--homeless-take-shelter-in-battambang-station-warehouse/
Royal railway trials Sihanoukville run for new year
It’s almost Khmer New Year, and passengers are already lining up for the revival of the country’s passenger rail services – an eight-day trial operation by Royal Railway from Phnom Penh to Sihanoukville to coincide with the celebrations and the exodus of people from the ...
Sok Chan
http://www.khmertimeskh.com/news/23465/royal-railway-trials-sihanoukville-run-for-new-year/
In sweeping address, PM defends border work
In a three-hour speech delivered on state television, Prime Minister Hun Sen on Tuesday said his government has not ceded a single meter of land while demarcating Cambodia’s border with Vietnam. He also threatened further arrests of border critics and warned that war would break ...
Kuch Naren
https://www.cambodiadaily.com/news/in-sweeping-address-pm-defends-border-work-93682/
Business briefs
The Cambodia Securities Exchange yesterday said it had approved “in principle” the eligibility of stated-owned Phnom Penh Autonomous Port (PPAP) to list on the bourse, according to the press release from the exchange. “Cambodia Securities Exchange (CSX) has approved in principle the listing eligibility of ...
Khmer Times team
http://www.khmertimeskh.com/news/16249/business-briefs/
The hunt for long-tailed macaques
Villagers in the Cardamoms said earlier this month that the illegal practice of capturing wild long-tailed macaque monkeys is alive and well, despite a government ban. The practice was outlawed in 2010, after wild captures devastated Cambodian populations of the monkeys, but high demand by ...
Jonathan Cox
http://www.khmertimeskh.com/news/21783/the-hunt-for-long-tailed-macaques/
Philippine army to assist Cambodian military
The Commanding General of the Philippine Army Eduardo M. Año pledged to strengthen bilateral ties with the Kingdom and train Cambodian armed forces in natural disaster relief, sea security, drug trafficking and illegal border crossing prevention on Friday during a meeting with Commander-in-Chief of the ...
Ban Sokrith
http://www.khmertimeskh.com/news/21976/philippine-army-to-assist-cambodian-military/
UN asked to help imprisoned rights activists
Alex Gonzalez-Davidson, the outspoken director of the environmental group Mother Nature, has written to the U.N.’s special rapporteur on the situation of human rights defenders to request that he pressure the government to release three Mother Nature activists imprisoned on charges stemming from an anti-sand ...
Kuch Naren and George Wright
https://www.cambodiadaily.com/news/111370-111370/
New border checkpoint to Thailand planned
Preparations are underway for the construction of a new border checkpoint to Thailand in Banteay Meanchey province, officials said yesterday. After signing a joint agreement to open a new checkpoint last August for the purpose of boosting bilateral trade, Banteay Meanchey authorities sent a letter to ...
Ros Chanveasna
http://www.khmertimeskh.com/news/25676/new-border-checkpoint-to-thailand-planned/
Kantha Bopha to get Angkor donations in February
Two dollars from the sale of every ticket to the Angkor temple complex will go to the Kantha Bopha hospitals in February 2017, according to the Ministry of Economy and Finance yesterday. A letter sent to Dr. Beat Richner, the founder for the Kantha Bopha Children’s ...
San Bunsim and Chea Vannak
http://www.khmertimeskh.com/news/28217/kantha-bopha-to-get-angkor-donations-in-february/