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Bank of China to expand operations in Cambodia

Bank of China, one of the five biggest state-owned commercial banks in China, will expand its operations in Cambodia by opening new branches in Siem Reap and Sihanoukville, a local bank executive said yesterday. ...

Kali Kotoski
http://www.phnompenhpost.com/business/bank-china-expand-operations-cambodia

Almost half of Cambodian households have access to electricity

Cambodia’s electricity sector made notable progress in 2013 in terms of its sources, connection lines, and supplies, according to the Cambodian Electricity Authority. there was an increasing usage of 4297 million Kwh or 22 per cent in 2013 from 3527 million Kwh in 2012, according to ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MjEyYWY2MjNjODY

ANZ Climbs Back Into The Green, Report Says

ANZ Royal Bank posted an $8.1 million profit for 2010 according to the bank’s annual report. A profit of $24.3 million was reported by Acleda. Trade and national payments were shows to have generated substantial earnings for the bank according to the report. ...

British Man Faces Lengthy Jail Term After Phnom Penh Arrest

The British chairman of a Biofuel firm is facing up to 15 years in jail after he was arrested by The Anti-Corruption Unit (ACU) in Phnom Penh on Saturday and charged with forgery, a court official said yesterday. Gregg Fryett’s company, Sustainable Agro Energy, has been ...

http://www.cambodiadaily.com

Vehicle registration grows despite flaws in the system

An absence of public transport, improved roads and the economic development of Cambodia’s rural areas was reflected in an increase in vehicle registrations by 7.7 per cent from 2011 to 2012, official data shows. However, as an insider said yesterday, many cars and motorcycles will ...

http://www.phnompenhpost.com/2013031261874/Business/vehicle-registration-grows-despite-flaws-in-the-system.html

Opposition gaining power in legislature, analysts say

As part of political negotiations, the opposition party will be allowed a minority leader in parliament—a system analysts say could strengthen the checks and balances in the government. the legislative branch has traditionally been considered weaker than the executive, with the National Assembly stacked with supporters ...

Sok Khemara
http://www.voacambodia.com/content/opposition-gaining-power-in-legislature-analysts-say/2561306.html

Ministry to meet with companies over EBA saga

The Ministry of Commerce is planning a meeting with public and private actors to discuss The revocation of The European Union’s Everything-but-arms (EBA) deal and to find ways to diminish its impact on The economy, The ministry said in a press release. The ministry’s statement, ...

May Kunmakara
https://www.khmertimeskh.com/50577785/ministry-to-meet-with-companies-over-eba-saga/

‘Ninety-nine oknha in army’

A senior military official said on Sunday that the Ministry of National Defence had found almost 100 military personnel with the title “oknha”. He told the Post that the ministry was preparing procedural formalities to enable the oknha to choose between keeping the honorific or ...

Mech Dara
https://www.phnompenhpost.com/national/ninety-nine-oknha-army

Cambodian Youth Party launches bid to end CNRP

The Cambodian Youth Party (CYP) filed a complaint to The Ministry of Interior yesterday requesting The dissolution of The opposition Cambodia National Rescue Party, as The royalist party Funcinpec reaffirmed its commitment to do The same. ...

Andrew Nachemson and Soth Koemsoeun
http://www.phnompenhpost.com/national/cambodian-youth-party-launches-bid-end-cnrp

Exports to US up 25 pct in Q1

Cambodian exports to the United States, the world’s largest economy, rose sharply during the first three months of the year following a marked increase in the shipments of travel goods after the US renewed its Generalized System of Preferences in March. ...

May Kunmakara
https://www.khmertimeskh.com/50490954/exports-to-us-up-25-pct-in-q1/

NEC body to fight bad press

Amid accusations of bias in favour of the ruling party – and following the removal of the main opposition party from the electoral field – the National Election Committee has announced the creation of a new press reaction team to “attack back at negative points”. ...

Niem Chheng and Andrew Nachemson
http://www.phnompenhpost.com/national/nec-body-fight-bad-press

More Cambodians traveling abroad as tourists

The number of Cambodians traveling overseas as tourists increased to nearly 700,000 in The first half of The year, up 26 percent compared to The same period last year, according to The Ministry of Tourism. Experts in The industry welcomed this trend and pointed out ...

Chea Vannak
http://www.khmertimeskh.com/news/28454/more-cambodians-traveling-abroad-as-tourists/

Lawmaker requests funds to help pay HIV villagers’ debt

The head of The National Assembly’s commission on public health submitted a letter to The Assembly’s president on Thursday requesting that The government find funds to help HIV-positive villagers in Battambang province’s Roka commune pay back The debts They have incurred due to The virus. ...

Mech Dara
https://www.cambodiadaily.com/news/lawmaker-requests-funds-to-help-pay-hiv-villagers-debt-79828/

Inflow of FDI up in first half

The inflow of foreign direct investment (FDI) into Cambodia witnessed solid growth in The first half of this year due to strong funds flowing into The financial and real estate sectors, said a central bank report. It said this was despite The agriculture and garment ...

Hor Kimsay
https://www.phnompenhpost.com/business/inflow-fdi-first-half

Gov’t: move to revoke improper documents nearing conclusion

The General Immigration Department said that The program to revoke official documents that were not properly issued, to mostly 70,000 ethnic Vietnamese, was about 70 per cent complete. Khun Sambo, deputy director general of The department, which is under The Ministry of Interior, said it ...

Kong Meta
https://www.phnompenhpost.com/national/govt-move-revoke-improper-documents-nearing-conclusion

Ministry calls for ease in vote preparation

The Ministry of Interior yesterday instructed provincial authorities to “make it easy” for parties preparing for The upcoming national elections, including facilitating The building of party banners and The holding of meetings – after a year in which The government systematically removed CNRP banners and ...

Niem Chheng and Ananth Baliga
http://www.phnompenhpost.com/national/ministry-calls-ease-vote-preparation

Riel effort to help local currency

The governor of The National Bank of Cambodia, The nation’s central bank, Chea Chanto, has opened his heart about The future of The domestic currency and The dollar. ...

Khmer Times Staff
https://www.khmertimeskh.com/50709853/riel-effort-to-help-local-currency/

PM calls on US to take its bombs back

The Prime Minister yesterday urged The US to assist Cambodia in removing unexploded bombs that its forces dropped on The country during The Vietnam War, raTher than focusing on finding The remains of missing American soldiers. ...

Ros Chanveasna
http://www.khmertimeskh.com/5083770/pm-calls-us-take-bombs-back/

Angkor revenue up, tourists amount down

According to a new report by the Ministry of Tourism published yesterday, revenue from ticket sales to the Angkor Archeological Park reached $39.48 million in the first quarter of 2018, 28 percent higher than the corresponding period last year. Ministry data showed 854,584 tourists visited the ...

Sum Manet
http://www.khmertimeskh.com/50269499/angkor-revenue-up-tourists-amount-down/

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