U.S. repatriates 27 looted cultural artifacts to Cambodia in handover ceremony
U.S. Assistant Secretary of State for East Asian and Pacific Affairs Daniel J. Kritenbrink, U.S. Ambassador to Cambodia W. Patrick Murphy, and Cambodian Minister of Culture and Fine Arts Phoeurng Sackona celebrated the repatriation of 27 looted artifacts to Cambodia at the National Museum today. ...
Khmer Times Staff
https://www.khmertimeskh.com/501113232/u-s-repatriates-27-looted-cultural-artifacts-to-cambodia-in-handover-ceremony/
Key lenders agree to ease loan terms for flood victims
Members of Cambodia’s apex bodies of the banking and microfinance industries have agreed to ease restrictions on loan repayments, reduce interest rates, as well as restructure loans for customers deemed to be significantly affected by the heavy rains and floods that have swept the Kingdom ...
May Kunmakara
https://www.phnompenhpost.com/business/key-lenders-agree-ease-loan-terms-flood-victims
Central bank poised to auction off 90B riel on July 25
The National Bank of Cambodia (NBC) is set to hold its 134th liquidity-provided collateralised operation (LPCO) on July 25, making 90 billion riel ($22 million) available to local financial institutions in need of liquidity, through an auction to buy US dollars. ...
May Kunmakara
https://www.phnompenhpost.com/business/central-bank-poised-auction-90b-riel-july-25
Jan-Apr rubbers exports bounce up 38%: GDCE
Cambodia earned $206.728 million from the export of “rubber and articles thereof” in the first four months of 2023, up 38.0 per cent year-on-year from $149.808 million and up 22.7 per cent half-on-half (compared to July-October 2022) from $168.5 million, according to provisional Customs (GDCE) ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-apr-rubbers-exports-bounce-38-gdce
Investment projects promise almost 80K new job opportunities
The Council for the Development of Cambodia (CDC) notices issued in the January-May period reveal that the government agency approved 61 new private investment projects – both inside and outside of special economic zones (SEZ) – totalling $516.64 million and set to deliver an estimated ...
Hin Pisei
https://www.phnompenhpost.com/business/investment-projects-promise-almost-80k-new-job-opportunities
Expanding investment networks: Cambodia-UAE forum set for ‘24
The Council for the Development of Cambodia (CDC) and the Cambodia Chamber of Commerce (CCC) have scheduled a private sector forum between Cambodia and the United Arab Emirates for the first quarter of next year. ...
Van Socheata
https://www.phnompenhpost.com/national/expanding-investment-networks-cambodia-uae-forum-set-for-24
Cart Tire revving up to raise capital investment to $700M
A Chinese car tyre manufacturer is planning to increase its investment in Cambodia by raising its capital to approximately $700 million, in a move aimed at enhancing production capacity and expanding exports to additional international markets. ...
Hin Pisei
https://www.phnompenhpost.com/business/cart-tire-revving-up-to-raise-capital-investment-to-700m
Footwear export revenue sees decline
Cambodia’s export revenue from footwear and related products reached nearly $1 billion in the first nine months of 2023, marking a 25.1% decline from the $1.32 billion recorded during the same period last year. ...
Hin Pisei
https://www.phnompenhpost.com/business/footwear-export-revenue-sees-decline
Digital system boosts business registrations
Over 31,000 businesses, boasting a combined capital exceeding $8.9 billion, have successfully completed their registration through the Online Business Registration System (OBRS) via its IT Platform phase 1. ...
Hin Pisei
https://www.phnompenhpost.com/business/digital-system-boosts-business-registrations
Promised sky train delayed over expense
The government’s sky train project from Phnom Penh city centre to the international airport has been delayed because the cost is higher than expected, according to an official from the Ministry of Public Works and Transport (MPWT). ...
Sorn Sarath
https://www.khmertimeskh.com/50747814/promised-sky-train-delayed-over-expense/
City mulls building pumping station amid floods
Following recent criticism of the capital’s flood management system, an official yesterday said City Hall will decide this month if it will build a new pumping station and begin to clear existing canals of debris to mitigate the risk of floods. ...
Khouth Sophak Chakrya and Yesenia Amaro
http://www.phnompenhpost.com/national/city-mulls-building-pumping-station-amid-floods
Cambodia-Vietnam expressway
Cambodia and Vietnam are pushing forward with plan to develop an expressway between Phnom Penh and Ho Chi Minh City, according to the Ministry of Public Works and Transportation. ...
Chea Vannak
http://www.khmertimeskh.com/news/37805/cambodia-vietnam-expressway/
Borei Keila villagers cast curse on adversaries
Borei Keila residents on Thursday cast a symbolic curse on the people they say are responsible for making their lives a misery since violently evicting them from their homes two years ago. In the latest development in the long-running dispute, security guards and riot police last ...
Aun Pheap and Lauren Crothers
http://www.cambodiadaily.com/news/borei-keila-villagers-cast-curse-on-adversaries-52897/
Boeung Chhouk locals protest
About 100 residents of a community in the capital’s Russei Keo district yesterday rallied outside City Hall, demanding that authorities issue them land titles and end court action against six of their representatives. ...
Khouth Sophak Chakrya
http://phnompenhpost.com/national/boeung-chhouk-locals-protest
Phnom Penh municipality plans city expansion
Authorities are planning to further enlarge Phnom Penh by incorporating another chunk of Kandal province’s Lvea Em district into the municipality, a City Hall spokesman said Friday. ...
Kang Sothear
https://www.cambodiadaily.com/news/phnom-penh-municipality-plans-city-expansion-80500/
Twin tower skyscraper proposed for capital
A Chinese and local developer are in discussions with Phnom Penh’s City Hall to build a $3 billion, 500-metre-high twin tower project in the center of the city, making it the tallest building in the capital. The project will be a joint venture between Cambodian-owned Thai ...
Chan Muyhong
http://www.phnompenhpost.com/business/twin-tower-skyscraper-proposed-capital
PATA Travel Mart set for Phnom Penh, Cambodia
The Pacific Asia Travel Association will hold the 37th PATA Travel Mart at Diamond Island Convention & Exhibition Centre, Phnom Penh, Cambodia. The event is being hosted by the ministry of tourism of Cambodia and will take place from September 17th-19th. PTM 2014 will offer delegates the ...
Breaking Travel News Staff
http://www.breakingtravelnews.com/news/article/pata-travel-mart-set-for-phnom-penh-cambodia/
Judicial laws put independence of courts in jeopardy
Three constitutionally mandated judicial laws would adversely affect the independence of the courts if they are passed in their current draft state, legal experts warned on Friday. Draft versions of the Law on the Organization and Functioning of the Supreme Council of the Magistracy, the Law ...
Lauren Crothers
http://www.cambodiadaily.com/news/judicial-laws-put-independence-of-courts-in-jeopardy-58942/
Oz an example for mining reform
Inspired by Australian mining regulations, the Cambodian government is considering a raft of changes to the mineral resources mining law, including a rethink of the sector’s comparatively high tax rate. Citing discussions held with Western Australia state mining industry representatives last week, Meng Saktheara, secretary of ...
Eddie Morton
http://www.phnompenhpost.com/business/oz-example-mining-reform
Cambodia to host 8th ASEAN Social Welfare Ministers meeting next month
The 8th ASEAN Ministerial Meeting for Social Welfare and Development will be held in Cambodia’s Siem Reap City from Sept. 3 to 7, according to a statement of Cambodia’s Ministry of Social Affairs released Thursday. ...
http://news.xinhuanet.com/english/world/2013-08/15/c_132633368.htm