Cambodian government establish the City of Run Ta Ek Techo Sen in Siem Reap province
The Royal Government of Cambodia has issued a sub-decree to establish the city of Run Ta Ek Techo Sen in Siem Reap province by removing Run Ta Ek commune from Banteay Srei district and Balang commune from PrasatBakong district. ...
Khmer Times Staff
https://www.khmertimeskh.com/501424483/cambodian-government-establish-the-city-of-run-ta-ek-techo-sen-in-siem-reap-province/
Govt invested $4B for northeast economic pole
The Royal Government of Cambodia (RGC) spent about $3.85 billion by the end of last year to boost the development of northeast part of the country aimed at connecting economic flow with the triangle development area between the three neighbouring countries – Cambodia-Laos-Vietnam – through ...
Nhean Chamrong
https://www.khmertimeskh.com/501451064/govt-invested-4b-for-northeast-economic-pole/
Gov’t to pump in $450M to upgrade public services
The Royal Government of Cambodia (RGC) is preparing to inject a budget of nearly $450 million to improve healthcare services, covering up to 9 million people across the country as well as other public services, especially the poor and vulnerable families which are in line ...
Nhean Chamrong
https://www.khmertimeskh.com/501435682/govt-to-pump-in-450m-to-upgrade-public-services/
Govt calls for investment in electric vehicles industry
Amid the rising trend of renewable energy demand and the use of electric vehicles (EVs) in the Kingdom, the Royal Government of Cambodia (RGC) asked businessmen to seize the opportunity by investing in the EV-related industry that comes with a range of benefits for both ...
Nhean Chamrong
https://www.khmertimeskh.com/501470294/govt-calls-for-investment-in-electric-vehicles-industry/
Increase flights to China, India, MoT tells Cambodia Airways
The Ministry of Tourism (MoT) asked Cambodia Airways Co Ltd to examine the possibility of expanding direct flights to China and India as well as other major tourism markets in the world which can contribute to the success of the several major campaigns set out ...
Nheng Chamrong
https://www.khmertimeskh.com/501426599/increase-flights-to-china-india-mot-tells-cambodia-airways/
‘Govt wants Sihanoukville to be next Shenzhen’
The Royal Government of Cambodia (RGC) wants to transform Preah Sihanouk province into the next Shenzhen by reducing logistics costs, providing an investment incentive package and enhancing the development of human resources to attract investors, said Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of ...
Nhean Chamrong
https://www.khmertimeskh.com/501469715/govt-wants-sihanoukville-to-be-next-shenzhen/
PM says no tax for biz with annual income below KHR 250M
Micro enterprises with an annual turnover of less than 250 million riels will not be taxed, Prime Minister Hun Manet assured on Thursday evening during his special statement on the ‘One-Year Achievements of the Royal Government of the 7th Legislature of the National Assembly’ that ...
Manoj Mathew
https://www.khmertimeskh.com/501547280/pm-says-no-tax-for-biz-with-annual-income-below-khr-250m/
Fund raising: Kingdom may borrow more in 2012
Cambodia could borrow US$1.1 billion from other countries in 2012, 75 per cent more than this year, to help repair infrastructure damaged in flooding and support efforts to increase rice exports to one million tonnes by 2015, a senior official said yesterday. Cheam Yeap, chairman of ...
Prasac seeks commercial bank status
PRASAC, Cambodia’s largest microfinance institution by outstanding loans, planned to become a licensed commercial bank in the Kingdom, company officials said yesterday. The news comes despite calls from insiders and experts – most recently the International Monetary Fund and World Bank – for the National ...
Investment needed to reach rice goal: experts
More investment is needed as well as additional assistance for farmers if the government wants to meet its export goal of 1 million tons of rice a year by 2015, according to experts at a recent rice sector meeting in Phnom Penh. Participants said rice millers would need substantial access ...
Buying property by installment on the increase
The market for Khmer home-buyers purchasing property by installments is booming, according to experts. Keuk Narin, vice president of Asia Real Estate Cambodia, said the concept of buying homes by installments in Cambodia is very attractive to those whom want to buy a house. Almost all housing projects that offer installment purchases see good business, ...
Thailand, Cambodia mull joint business, trade body
Thailand and Cambodian signed an agreement for the formation of a joint business council to promote bilateral trade and investment. The memorandum of understanding was officially endorsed on Tuesday evening by Thai Prime Minister Yingluck Shinawatra and her Cambodian counterpart Hun Sen on the sidelines of ...
http://www.pattayamail.com/news/thailand-cambodia-mull-joint-business-trade-body-23289
Land activist to be released
Outspoken land activist Kuch Veng will regain his freedom in 15 days after the Pursat provincial court yesterday handed down a guilty verdict with a one-year sentence, then suspended nearly three quarters of that term. Veng has been in prison since May 19 on charges of ...
http://www.phnompenhpost.com/national/land-activist-be-released
Rainsy says CNRP doesn’t recognize newly-formed government
The opposition Cambodia National Rescue Party (CNRP) leader Sam Rainsy on Wednesday said that the CNRP doesn’t recognize the newly-formed government of Prime Minister Hun Sen. Speaking at a news conference, he urged all international communities and countries of the Paris Peace Agreement to condemn “this ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NDAyMDdiZDljZDY#sthash.hG32ZEwp.dpuf
China provides mine clearance training to Cambodian soldiers
A team of 12 Chinese military experts on Thursday started offering a six-week mine clearance course to 52 Cambodian peacekeeping force. The training is being held at the Institute for Peacekeeping Forces, Mine and Explosive Remnants of War Clearance. According to the Cambodian Mine Action Authority, ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131205/china-provides-mine-clearance-training-cambodian-soldiers
Kratie land dispute goes on
Hundreds of families from Kratie province’s Snuol district who were promised new plots of land after a Vietnamese rubber firm evicted them last month have complained that provincial officials are allowing hundreds of interlopers to stake a claim instead. The 405 families were evicted from the ...
May Titthara
http://www.phnompenhpost.com/national/kratie-land-dispute-goes
Prey Speu tales conflict
Following last week’s street sweep, children as young as 7 years old were kept in Phnom Penh’s notorious Prey Speu social affairs centre, eyewitnesses, staff and those targeted by the initiative have told the Post, directly contradicting government denials offered earlier this week. Standing at the centre’s ...
Alice Cuddy and Sen David
http://www.phnompenhpost.com/national/prey-speu-tales-conflict
FDI survey may lead to new property regulations
Cambodia’s property sector continues to grow, offering both opportunities and challenges for both foreign and local investors. Meanwhile, ahead of the ASEAN Integration, a wider access to transparent information about the FDI fuelling the sector could lead to the adoption of stronger regulatory principles and ...
Kali Kotoski and Sum Manet
http://www.phnompenhpost.com/real-estate/fdi-survey-may-lead-new-property-regulations
Japanese to donate medical equipment
The Japanese government will provide $18 million worth of medical equipment and supplies to the Ministry of Health to help the Kingdom fight Covid-19. It will also offer nearly $23 million in financial grants to support education and health in Cambodia, according to an announcement from ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/japanese-donate-medical-equipment
Cambodia May Lure Up to 10 IPOs a Year, Korea Bourse Says
Cambodia’s stock market, which is set to open next week after several delays, may be able to lure five-to-10 initial public offerings a year, according to Korea Exchange Inc., the Cambodian government’s partner in the bourse. State-owned Phnom Penh Water Supply Authority (PPWSA) will start trading ...