PPSP share buyback planned for mid-December
Phnom Penh Special Economic Zone (PPSP) will commence and execute its share buyback plan in the middle of December, if approved by the exchange and its regulator, according to information given to Khmer Times by the company’s management. ...
Harrison White
https://www.khmertimeskh.com/50789601/ppsp-share-buyback-planned-for-mid-december/
Koh Kong confronts encroachment on protected state land
Authorities in Koh Kong province are searching for the individuals who set up border posts on nearly 200ha of protected forest, with officials and activists claiming that powerful tycoons had hired local people to encroach on the land. ...
Voun Dara
https://www.phnompenhpost.com/national/koh-kong-confronts-encroachment-protected-state-land
Rubber exports are up but prices still remain elastic
Cambodia exported 179,621 tonnes of rubber in the first nine months of 2020, a jump of 3.78 per cent from the same period last year, according to data from the Ministry of Agriculture, Forestry and Fisheries. ...
Thou Vireak
https://www.phnompenhpost.com/business/rubber-exports-are-prices-still-remain-elastic
CHRC responds to recent human rights criticisms
The Cambodia Human Rights Committee (CHRC) on Wednesday issued a press release on the situation of human rights, the implementation of democracy and the rule of law in Cambodia. ...
Niem Chheng
https://www.phnompenhpost.com/national-politics/chrc-responds-recent-human-rights-criticisms
After human drain from Sihanoukville, casinos follow suit
Sihanoukville is set to lose yet another casino as Century Entertainment International Holdings, formerly known as Amax International Holdings Limited, will relocate its gaming floor from Sihanoukville to the up and coming tourist spot of Dara Sakor in Koh Kong province. ...
Jason Boken
https://www.khmertimeskh.com/50770745/after-human-drain-from-sihanoukville-casinos-follow-suit/
Verifying the truth over border demarcation: PM orders probe into claims about lost land
Prime Minister Hun Sen yesterday ordered Cambodia Border Affairs Committee chairman Var Kimhong to meet with villagers at the demarcated border areas in Tboung Khmum province, who claimed their farmlands have been lost to Vietnam. ...
Kindergartens, primary schools due to reopen next month
The Education Ministry today gave green light to kindergartens and primary schools to reopen next month after more than three months of closures in a bid to stem the spread of COVID-19. ...
Som Kanika
https://www.khmertimeskh.com/50756863/kindergartens-primary-schools-due-to-reopen-next-month/
Passenger traffic slides down 67 percent while development of new airports boom
Cambodia’s three international airports handled 1.9 million air passengers in the first six months of this year, a 67.5 percent decrease from 6 million air passengers last year. ...
Chea Vannak /AKP
https://www.khmertimeskh.com/50747225/passenger-traffic-slides-down-67-percent-while-development-of-new-airports-boom/
No entry from two nations
Alarmed over the number of Covid-positive passengers coming in via Malaysia and Indonesia, the government is temporarily suspending flights from both countries from August 1 until their infection rates decline. ...
Khann Chan Virak
https://www.khmertimeskh.com/50748812/no-entry-from-two-nations/
New $231M Pursat dam built
Groundwork is underway on South Korean-owned SPHP (Cambodia) Co Ltd’s massive $231 million Stung Pursat I hydroelectric dam in Pursat, provincial deputy governor Khoy Rida told The Post on Monday. ...
Thou Vireak
https://www.phnompenhpost.com/business/new-231m-pursat-dam-built
Gov’t finds 145 cases of fake news last month
The Fake News Monitoring Committee of the Ministry of Information found 145 cases of fake news, incitement, social pollution and insults against the Kingdom’s senior leadership on social media in September. ...
Voun Dara
https://www.phnompenhpost.com/national/govt-finds-145-cases-fake-news-last-month
Land fraudster arrested for sale of protected area
The Phnom Penh municipal court charged and sentenced a woman to prison on September 18 for defrauding a man of $220,000 through the sale of 50 hectares of land in Preah Sihanouk province last year. ...
Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50764613/land-fraudster-arrested-for-sale-of-protected-area/
Prolonged VAT exemptions to benefit farmers
As revenues have soared, the General Department of Customs and Excise of Cambodia (GDCE) has opted not to impose new value-added taxes (VAT) on select agricultural equipment in policies set to take effect on January 1, next year. ...
Thou Vireak
https://www.phnompenhpost.com/business/prolonged-vat-exemptions-benefit-farmers
Development bank delivers $245mn to agri-sector producers, exporters, SMEs
A senior executive of the state-owned Agriculture Rural Development Bank (ARDB) said the financial institution has released $245 million to rice millers and exporters, the livestock sector and small and medium enterprises (SMEs) in the agriculture sector. ...
Power grid upgrades expand service, improve reliability
State-run electricity utility Electricite du Cambodge (EDC) has inaugurated a new substation and 230kV high-voltage transmission line in Tbong Khmum province as part of the government’s efforts to promote electrical-grid stability for the public and industries. ...
Thou Vireak
https://www.phnompenhpost.com/business/power-grid-upgrades-expand-service-improve-reliability
Banteay Meanchey eyes mountains as potential natural heritage areas
Banteay Meanchey Provincial authorities are studying nine mountains in Malai, Preah Netr Preah, and Mongkol Borei districts, including Sisophon town, with the intention of listing them as natural heritage sites once the study is complete and a number of details have been settled. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/banteay-meanchey-eyes-mountains-potential-natural-heritage-areas
Private clinics ordered to follow prescription rule
The Ministry of Health has again reminded all private health service providers to issue computer-printed prescriptions and results from laboratories after finding that some clinics still give patients handwritten paperwork which is not in accordance with medical regulations. ...
Mom Kunthear
https://www.phnompenhpost.com/national/private-clinics-ordered-follow-prescription-rule
Three more investment projects valued at more than $15 million approved by CDC
The Council for the Development of Cambodia (CDC) has issued investment certificates to three companies to invest in the production of all kinds of cardboard boxes, light bulbs and their accessories, all kinds of packaging materials, and metal processing. ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50798738/three-more-investment-projects-valued-at-more-than-15-million-approved-by-cdc/
Int’l digital payment firms ‘committed’ to de-dollarisation
Visa Inc. is one of several international digital payment firms who have said they are committed to supporting the government and the National Bank of Cambodia (NBC) in their de-dollarisation mission. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50713285/intl-digital-payment-firms-committed-to-de-dollarisation/