Illicit Trade Linked to $130M In Losses
A report released by a U.S. financial research firm today says that Cambodia lost an average of $133 million per year between 2002 and 2011 through crimes such as import and export tax evasion, illegal movements of money and smuggling. The report, released by Global Financial ...
Alex Willemyns
http://www.cambodiadaily.com/business/illicit-trade-linked-to-130m-in-losses-49163/
Senior Government Officials Rebuff Opposition Protesters’ Demands
Senior government officials said Monday that they will not bow to the demands of opposition protesters to unseat Prime Minister Hun Sen, but remained coy over the government’s likely response if the daily protests continue. The opposition CNRP, which has rejected the official results of the ...
Phorn Bopha and Alex Willemyns
http://www.cambodiadaily.com/news/senior-government-officials-rebuff-opposition-protesters-demands-49770/
Vinamilk Sees Revenue Doubling in Overseas Expansion Push
Vietnam Dairy Products Joint-Stock Co., the nation’s largest dairy producer, is building a milk factory in Cambodia as it plans a global expansion to more than double annual revenue to $3 billion by 2017. The company known as Vinamilk is opening a plant in the capital ...
Bloomberg News Staff
http://www.bloomberg.com/news/2013-09-30/vinamilk-sees-revenue-doubling-in-overseas-expansion-push.html
Revenues Down at Pailin’s Dreamworld Casino
U.S.-listed firm Entertainment Gaming Asia’s (EGA) Dreamworld casino in Poipet province has seen revenue drop by almost 18 percent this year, according to financial results released by the company. Results issued on Thursday from Hong Kong said the casino, which opened in May 2012, made revenue ...
http://www.cambodiadaily.com/business/revenues-down-at-pailins-dreamworld-casino-39102/
Work starts on new 22-storey hotel
Construction has started on the 22-storey Toyoko Inn Hotel, which will cost US$20 million to build, near the Hang Bridge. The project is due to be completed in November 2014. Touch Somnang, the Project Manager for the Koh Pich development project, said the Toyoko Inn Hotel ...
Siv Meng
http://www.phnompenhpost.com/real-estate/work-starts-new-22-storey-hotel
Thousands Join Opposition Rally in Phnom Penh
Thousands of opposition supporters made their way to Freedom Park in Phnom Penh on Wednesday morning to begin the first of a three-day demonstration designed to urge signatories of the Paris Peace Agreement to intervene in the country’s current political deadlock. Unlike at the previous protests ...
Colin Meyn and Simon Marks
http://www.cambodiadaily.com/news/thousands-join-opposition-rally-in-phnom-penh-45722/
U.S. gov't launches HIV research project in Cambodia
The United States government on Wednesday launched a HIV research project in Cambodia, aiming to collect and disseminate critical data that will help the country in the fight against HIV. Men Chean Rithy, coordinator for the newly-launched HIV Innovate and Evaluate Project, said the U.S. provided ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131211/us-govt-launches-hiv-research-project-cambodia
Siem Reap sees property gains fuelled by tourism, economic integration
Siem Reap city land prices have continued to increase year-on-year since 2008, despite the impact of the global economic crisis elsewhere. Sorn Seap, general manager of KEY Real Estate, said that land prices in Siem Reap city in early 2014 saw an increase of 15 per ...
Government-formed land dispute committee suspected of bias
The Kompong Chhnang provincial government has set up a new committee to help settle a long-running land dispute between local farmers and a company owned by the wife of Mines and Energy Minister Suy Sem, but a representative of the villagers has not been invited ...
Kuch Naren
http://www.cambodiadaily.com/news/government-formed-land-dispute-committee-suspected-of-bias-53851/
Cambodia bans opposition from rallying in capital on Sunday
Cambodia on Friday issued an official letter to ban the opposition Cambodia National Rescue Party (CNRP) from conducting a rally on Sunday afternoon at the capital’s Freedom Park. In a letter to the CNRP, Phnom Penh Municipal Governor Pa Socheatvong said”The Ministry of Interior does not ...
Xinhuanet News
http://news.xinhuanet.com/english/world/2014-03/28/c_133222041.htm
NEC releases official council election results
The National Election Committee last night released the official results of the May 18 district, provincial and municipal council elections, with the ruling CPP winning 2,540—or 76.4 percent—of the 3,324 positions that were available across the country. The figures are almost identical to the figures released ...
Eang Mengleng and Alex Willemyns
http://www.cambodiadaily.com/news/nec-releases-official-council-election-results-59805/
Garment IPO to pay for factory
Taiwanese garment factory Grand Twins International (GTI) has carefully laid out a schedule so it can go public on Cambodia’s stock exchange after the dust settles from unrest tied to minimum wage disputes, according to the company’s chief financial controller, Henry Chen. GTI received approval from ...
Eddie Morton and Hor Kimsay
http://www.phnompenhpost.com/business/garment-ipo-pay-factory
No criminal charges against hit-and-run officer
Police said Sunday that they will not pursue charges against Ek Sovannara—the son of a former Kandal provincial police chief—whose Lexus SUV on April 12 crashed into a motorbike carrying three men, killing one and causing the other two to have their left legs amputated. The ...
Aun Pheap
http://www.cambodiadaily.com/news/no-criminal-charges-against-hit-and-run-officer-58992/
Free Trade Union Reports Overall Jump in Labor Strikes in 2013
The Free Trade Union (FTU) on Monday reported an overall increase in industrial action by its local branches last year with 136 total strikes in the first 11 months of 2013, up 35 percent from all of 2012, when there were 101 strikes by its ...
CCAWDU leaders deny corruption during questioning at court
The Phnom Penh Municipal Court on Wednesday questioned three senior officials from the Coalition of Cambodian Apparel Workers’ Democratic Union (CCAWDU) who stand accused of embezzling $92,929. Speaking after questioning unDer the court’s Deputy prosecutor Ek Chheng Huot, union presiDent Ath Thorn Denied siphoning off the ...
Khuon Narim
http://www.cambodiadaily.com/news/ccawdu-leaders-deny-corruption-during-questioning-at-court-55670/
Villager in land row denied character statement by police
A villager involved in a long-running land dispute in Kompong Chhnang province with the wife of Mines and Energy Minister Suy Sem has accused his commune police chief of discrimination after he was refused a character statement he needed to apply for a garment factory ...
Kuch Naren
http://www.cambodiadaily.com/news/villager-in-land-row-denied-character-statement-by-police-59726/
CCC passes amendments on 10 articles of Trade Union Law
The Constitutional Council of Cambodia (CCC) on Thursday reviewed and approved the draft law on amendments to 10 articles of the Law on Trade Unions amid criticism from local and international civil society organisations. The amended articles, which were approved by the National Assembly in ...
Niem Chheng
https://www.phnompenhpost.com/national/ccc-passes-amendments-10-articles-trade-union-law
Announcement of the Ministry of Health on the positive COVID-19 case on one 73 years old English man and one 69 years old English woman who are the passengers of the Viking Cruise Journey in Kompong Cham province
On 12 March 2020 the Ministry of Health has posted an announcement on its official Facebook page addressing the positive COVID-19 cases of two passengers on the Viking Cruise Journey. According to the announcement, one 73 years old English man (husband) and one 69 years ...
Ministry of Health
Trading volume drops on new Cambodia Securities Exchange
The Cambodia Securities Exchange has seen a sharp decrease in action this week, with trading volume yesterday falling to 3,453 shares, down nearly 100 per cent from Monday. despite the drop, which was accompanied by a strong shift from institutional to retail investors, experts have stressed the time ...
http://www.phnompenhpost.com/index.php/2012042755811/Business/trading-volume-drops-on-new-csx.html
Press release: Exchange of notes for Japan ODA Grant Aid
On 05 June 2020, the Embassy of Japan in the Kingdom of Cambodia issued a press release stated that the Government of Japan had decided to extend its ODA Grant Aid up to the amount of ¥ 4,501,000,000 approximately around USD 41 million for the ...
Embassy of Japan in Cambodia