National budget for 2020 approved
The National Assembly yesterday unanimously approved the draft Budget Law for 2020. The law was approved by 108 of the 123 lawmakers that attended the plenary session of the National Assembly. According to the draft law, the government plans to spend $8.2 billion in 2020,
Chea Vannak
https://www.khmertimeskh.com/50664298/national-budget-for-2020-approved/
EU issues support for investment in Kingdom
EU Ambassador Carmen Moreno has vowed to bring more European investors into the Kingdom and pledged to uphold good relations between the EU and Cambodia. During a meeting with Senate president Say Chhum yesterday, Ambassador Moreno acknowledged the country’s progress and improvement under the government’s
Taing Vida
https://www.khmertimeskh.com/50664368/eu-issues-support-for-investment-in-kingdom/
Press release: MoI will conduct the second round of consultation on the amendments to the LANGO
On 28 November 2019, the Ministry of Interior (MoI) posted a press release on the organizing the second round of consultation meeting on the amendments to the Law on Association and Non-Governmental Organization (LANGO), which will be happened on 03rd December 2019 at the “Building
Ministry of Interior
Cambodia to boost China rice exports
Cambodia expects to export around 300,000 tonnes of milled rice to China per year, Minister of Commerce Cham Prasidh said during the 44th ASEAN Economic Ministers Meeting in Siem Reap.
Speaking to reporters after a meeting with Chinese Minister of Commerce Chen Deming on Tuesday night,
Gov't Reports $25M From Rents in Six Months
The government earned just over $25 million in rental fees from state land leased to private companies in the first six months of the year, according to new figures from the Ministry of Economy and Finance.
While the data shows that earning have risen, critics say
SCG vows Asean coverage
Siam Cement Group (SCG), the country’s top industrial conglomerate, says its logistics unit will cover Asean and southern China within five years, partly through mergers and acquisitions.
Kan Trakulhoon, the president and chief executive, said the expansion will accommodate growing regional trade under the Asean Economic
http://www.bangkokpost.com/business/economics/308580/scg-vows-asean-coverage
Cambodia's Trade Grows By 15 Percent
Cambodia’s total trade volume grew 15.41 percent to reach$7.46 billion in the first seven months compared to the same period last year, according to data released yesterday by the Ministry of Commerce.
Revenues earned through exports reached $2.9 billion, an increase of 11.82 percent compared to
Speculators pounce on rice market as prices rise
Speculators have been selling rice to Thailand via Cambodia for over a month despite domestic prices rising VND1,000/kg.
At the meeting of Vietnam Food Association (VFA) on September 7 in HCM City, Director of An Giang Export Company Nguyen Van Tien said the amount of rice
http://english.vietnamnet.vn/fms/business/43907/business-in-brief-12-9.html
Cambodia records US$1.51-B trade deficit in 7 months
Cambodia reported a trade deficit of 34% in equivalent to US$1.51-B in the 1st 7 months of this year, the report of the Commerce Ministry showed Thursday.
During January-July period this year, the country’s total import and export value was US$7.45-B, up 15% from US$6.47-B at
http://www.livetradingnews.com/cambodia-records-us1-51-b-trade-deficit-in-7-months-85827.htm
The Week at the CSX
The price of Phnom Penh Water Supply Authority stock over the Sept. 6-12 period fluctuated between KHR 6,350 (US$1.57) and KHR 6,300 (US$1.55).
The price on Sept. 6, KHR 6,350, fell to KHR 6,300 (US$1.58) on Sept. 7 and remained there until climbing to KHR 6,350
Patrols in Prey Long Forest Find Signs of Illegal Logging
Community patrols of Prey Long forest by local villagers over the last few days have uncovered at least 65 cubic meters of illicitly cut timber and three chainsaws believed to belong to the illegal loggers.
Soem Sean, a member of the Prey Long People’s Network, dedicated
Thousands of Families Evacuated Due to Floods
More than 3,100 families have now been evacuated from their homes as flooding spreads in Banteay Meanchey province, the deputy head of the National Committee for Disaster Managment (NCDM) said yesterday.
About 3,000 of those families have been evacuated from Poipet City alone, and another 148
Hun Sen Says Shootings, Traffic Accidents Threaten Tourism
Gun violence and fatal traffic accidents are hurting the government’s efforts to boost tourism, Prime Minister Hun Sen said yesterday, urging local authorities to take action-even against the powerful.
Mr. Hun Sen also said the government has earmarked sites for two new international airports to cater to
Borei Keila, Boeung Kak march on embassies
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- Civil society / Concessions / Gender / Human rights / Land
More than 60 people yesterday rallied at the National Assembly, the UN Human Rights Office, the Danish Embassy and the German Embassy as part of a petition campaign to seek the release of two jailed women from the Boeung Kak and Borei Keila communities.
Villagers and
National Land Program Dropped Communal Titles
Prime Minister Hun Sen’s land-titling scheme announced in June originally included a directive for granting collective property titles to indigenous communities, but this part of the program was scrapped weeks later as it was deemed too costly and time-consuming, documents obtained yesterday show.
For “indigenous
http://www.cambodiadaily.com/news/national-land-program-dropped-communal-titles-9480/
PM’s Logging Decree ‘Too Late’
Activists are welcoming Prime Minister Hun Sen’s public vow to prevent logging and rosewood trafficking, but they also say it’s too little too late to have any serious impact on protecting Cambodia’s already decimated forests.
In a speech on Friday at the Ministry of Interior, Hun
http://www.phnompenhpost.com/2013022561589/National/pm-s-logging-decree-too-late.html
Villagers summonsed in illegal logging case
Some 300 villagers from the Andong Trabaek community in Svay Rieng province’s Romeas Hek district will accompany two representatives who have been summonsed to the provincial court Tuesday to clarify allegations of illegal logging that villagers say were fabricated by Forestry Administration officials in order
http://www.phnompenhpost.com/2013022561580/National/community-reps-summonsed.html
Foreign investment in Cambodia’s property rises
Property experts say foreign companies are coming to invest in Cambodia’s property sector, as they see the growth and potential of the Kingdom.
Sung Bonna, director of Bonna Realty Group, said that the number of foreign companies in the sector has grown, and most are from
NagaWorld Workers Reinstated After Protests
Following six straight days of protests by hundreds of staff at NagaWorld Casino, casino management yesterday agreed to reinstate four senior workers and said they would consider increasing the entire staff’s minimum wage.
Between 500 and 1,000 workers had been demonstrating over what they said were
ASEAN countries agree to greater economic cooperation
Senior representatives for Cambodia, Laos, Myanmar, Vietnam and ASEAN met here Tuesday and issued a joint statement highlighting their agreement to forge stronger mutual investment, trade, transport and scientific cooperation links.
The joint statement was released at the conclusion of the 6th annual Cambodia-Laos-Myanmar-Vietnam (CLMV) Summit,
http://news.xinhuanet.com/english/business/2013-03/12/c_132228469.htm
