Booyoung Town moves slowly ahead
The plan to build the US$1.1 billion Booyoung Town commercial city and housing estate on Russian Federation Blvd near the 7 Makara Bridge is moving forward slowly while the political situation remains unclear. Despite the political situation, construction at Booyoung Town was slowly moving forward and ...
Siv Meng and Hin Pisei
http://www.phnompenhpost.com/real-estate/booyoung-town-moves-slowly-ahead
Group Lease aims to raise Bt3.4 bn for expansion
Group Lease plans to raise Bt3.4 billion from shareholders to expand its main motorcycle-leasing business aggressively and enter other types of “small credit” businesses here and in neighbouring countries, especially Cambodia, over the next two years. The company is reportedly negotiating to take over a ...
The Nation News Staff
http://www.nationmultimedia.com/business/Group-Lease-aims-to-raise-Bt3-4-bn-for-expansion-30216061.html
Cambodian anti-riot police hold special training as opposition plans for mass protest
The Phnom Penh Municipal Police of Cambodia conducted a special training at the capital’s Freedom Park on Monday after the opposition set to stage a three-day mass protest from Wednesday against the results of the July’s election that handed victory to Prime Minister Hun Sen’s ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-10/21/c_132816047.htm
Cambodia's rubber export up 32 pct in first half of 2013
Cambodia has seen a 32 percent rise in dry rubber exports in the first six months of the year, according to the figures of the Ministry of Commerce on Tuesday. Revenues from the exports valued at 76.5 million U.S. dollars during the first half of ...
http://news.xinhuanet.com/english/business/2013-08/20/c_132647504.htm
Thousands flee reservoir
Surging floodwaters led officials to declare a state of emergency at a commune in Banteay Meanchey province on Saturday night after the Trapaing Thma reservoir expanded an estimated 200 metres. Many of some 2,000 families living close to the Khmer Rouge-era reservoir in Phnom Srok district ...
Chhay Channyda
http://www.phnompenhpost.com/national/thousands-flee-reservoir
Tourism revenues increase but taxes remain flat
Overall revenue from Cambodia’s booming tourism sector reached $2.5 billion last year, according to Tourism Minister Thong Khon. Khon said in an interview on Tuesday that the figure, which does not reflect the amount the state collected in taxes on the sector, marked a 15 per ...
Chan Muy Hong
http://www.phnompenhpost.com/business/tourism-revenues-increase-taxes-remain-flat
Exchange to receive millions
Cambodia’s stock exchange will receive a $2.5 million funding injection from the South Korean government in an attempt to draw more corporate interest from companies who may want to go public, according to a recent report on state media site AKP. The funds will go towards ...
Eddie Morton
http://www.phnompenhpost.com/business/exchange-receive-millions
NEC bans campaign bases at council elections
The National Election Committee (NEC) on Friday said that political parties would be banned from setting up permanent campaign bases in the city during next month’s council elections. The announcement followed the CNRP’s request to City Hall on Friday asking permission to set up a base ...
Khuon Narim and Matt Blomberg
http://www.cambodiadaily.com/news/nec-bans-campaign-bases-at-council-elections-56748/
Cambodia asks for help in oil and gas industry
Cambodia has invited resource-rich Azerbaijan to help develop Cambodia’s prospective oil and gas industry, Commerce Minister Sun Chanthol announced during a high-level visit to the Caucasian country on Tuesday, according to Azerbaijani media reports. Mr. Chanthol laid out a goal to achieve an overall trade ...
Simon Henderson
http://www.cambodiadaily.com/business/cambodia-asks-for-help-in-oil-and-gas-industry-57237/
New Zealand provides Cambodia with 3.7 mln USD to preserve Angkor Wat
The government of New Zealand on Wednesday signed up to provide Cambodia with 3.7 million U.S. dollars for the preservation and protection of Angkor Wat Temple, one of the world heritage sites, said a news statement from the Cambodian government. Bun Narith, director general of Apsara ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-06/04/c_133383466.htm
Cambodia’s workers falling behind in skills, jobs
With regional and international competition increasing, Cambodia’s workers could be falling behind. A new World Bank report says Cambodia’s labor force lacks the skills to advance the country’s economy, even as an increasing number of young people enter the labor market. Kem Lay, a sociology researcher, ...
Heng Reaksmey
http://www.voacambodia.com/content/cambodias-workers-falling-behind-in-skills-jobs/1940536.html
More Wood Confiscations in Kampot, but Still No Arrests
The Forestry Administration in Kampot province on Tuesday confiscated about 2 cubic meters of illegal timber from a truck in Toek Chhou district’s Stung Keo commune, officials said. The bust is at least the third in a week, with forestry officials confiscating 200 pieces of illegal ...
Aun Pheap
http://www.cambodiadaily.com/news/more-wood-confiscations-in-kampot-but-still-no-arrests-52598/
Cambodia’s opposition gains ground in council elections
The Cambodia National Rescue Party (CNRP) gained ground against Prime Minister Hun Sen’s party in local elections over the weekend, initial tallies indicated Monday, in a boost the opposition party’s leader Sam Rainsy said would help strengthen democracy at the grassroots level. The ruling Cambodian People’s ...
RFA’s Khmer Service
http://www.rfa.org/english/news/cambodia/elections-05192014185200.html
Business employers say corruption greatest threat to economy
Corruption remains the most significant challenge facing Cambodia’s economy, according to a survey of more than 300 employers conducted last year by the International Labor Organization (ILO), the results of which were released Tuesday. Despite legislation meant to stamp out graft, corruption continues to be perceived ...
Colin Meyn
http://www.cambodiadaily.com/news/business-employers-say-corruption-greatest-threat-to-economy-53963/
Riel trust needed for stability
As much as $320 million is being lost annually as a result of Cambodia’s reliance on the US dollar, while a longstanding mistrust in the riel means there is less of the local currency in circulation, restricting the national bank’s ability to respond in times ...
Eddie Morton
http://www.phnompenhpost.com/business/riel-trust-needed-stability
Exports of farm goods hit 3m in Q1 this year
Cambodia exported a total of 2,936,992 tonnes of agricultural commodities and products to the international markets during the first quarter of the year. Increasing 20 percent from the same period last year, according to a report from the Ministry of Agriculture, Forestry and Fisheries released ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50708403/exports-of-farm-goods-hit-3m-in-q1-this-year/
Cambodia gains 53 factories this year
The Cambodian government has approved 53 new garment and footwear factories, worth an estimated US$338 million, during the first half of this year, compared with 38 last year valued at $180 million, despite the increase in the number of strikes affecting the industry. Officials and industry ...
Three of Cambodia’s national bird, the Giant Ibis, killed in protected area
In a single deliberate poisoning event, three Giant Ibis, equivalent to 1-2 percent of the global population, have been killed – part of a disturbing global trend where conservationists are noticing increases in hunting of protected species since the spread of coronavirus began to disrupt ...
Khmer Times Staff
https://www.khmertimeskh.com/50714406/three-of-cambodias-national-bird-the-giant-ibis-killed-in-protected-area/
Joint Statement: Media Group call on authorities to step up fight against impunity for crimes against journalists
On 2nd November 2020, CamboJa, the Cambodian Center for Independent Media (CCIM), Overseas Press Club of Cambodia (OPCC) and International Federation of Journalists (IFJ) has come together in a joint statement addressing their concern over the lack of justice for crimes against journalists in Cambodia. ...
CamboJa
Business registrations far speedier thanks to internet
“Within almost a four-month period as of October 2, 2020, we received a total of 1,793 applications, 1,367 of which have been approved and 426 of which are under review. The average number of days it takes to register a company is eight,” said Undersecretary ...
Sok Chan
https://www.khmertimeskh.com/50772450/business-registrations-far-speedier-thanks-to-internet/