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Royal Railway reports slight revenue uptick in Q1

Royal Railway Plc (RRC), a Royal Group of Companies Ltd (RGC) member with a corporate bond listed on the Cambodia Securities Exchange (CSX), reported only a slight on-year increase in revenue in the first quarter of 2023 – ended March 31 – which has been ...

May Kunmakara
https://www.phnompenhpost.com/business/royal-railway-reports-slight-revenue-uptick-q1

Invest in major Bavet SEZ: governor

Svay Rieng provincial governor Men Vibol on May 27 extended an open invitation to potential investors from Quzhou city, Zhejiang province, China to participate in the growth story of Tai Seng Bavet Special Economic Zone, located in the southeastern town of Bavet on the border ...

Van Socheata
https://www.phnompenhpost.com/business/invest-major-bavet-sez-governor

ADB joint project helps reduce poverty along Tonle Sap River

Asia Development Bank (ADB) along with the International Fund for Agricultural Development (IFAD) under the guidance of the Royal Government has successfully implemented the project to support the poorest communities in the provinces along the Tonle Sap River through the Farmer Livelihood Improvement Association (FLIA), ...

Nhean Chamrong
https://www.khmertimeskh.com/501403667/adb-joint-project-helps-reduce-poverty-along-tonle-sap-river/

Investment

Cambodia restructured its economy after many years of protracted war and instability. The economy grew strongly following the country’s transition to a free-market economy as it opened to trade and capital flows. Growth was supported by the flow of development assistance, access to the European ...

Officials ‘Renting Out’ Outlawed Fishing Lot

Forty families from Kandal province’s Chroy Snor village filed a complaint with Licadho yesterday, accusing district fishery officials of keeping an illegal fishing lot open and renting it to businessmen.   ...

http://www.phnompenhpost.com/index.php/2012040555446/National-news/officials-renting-out-outlawed-fishing-lot.html

Germany vows continued support for government

A delegation from the German government congratulated Prime Minister Hun Sen for his latest election victory and pledged on Berlin’s behalf to continue supporting the development of the Kingdom. ...

Mech Dara
https://www.phnompenhpost.com/national/germany-vows-continued-support-government

New organisation to boost Japan-Cambodia business ties

The official website of the Cambodian Embassy in Japan reported that Cambodian Ambassador Ung Rachana hosted the opening ceremony for the Japan-Cambodia Culture and Business Council (JCBC) on Tuesday. ...

Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50630252/new-organisation-to-boost-japan-cambodia-business-ties/

Five people held for illegally-cut timber

A joint task-force consisting of the national police and Pursat province’s Phnom Kravanh district police on Saturday arrested five people found transporting illegally-felled timber in Santre commune. ...

Pav Suy
https://www.khmertimeskh.com/50524318/five-people-held-for-illegally-cut-timber/

Deputy PM launches crackdown on corruption

Interior Minister and Deputy Prime Minister Sar Kheng paid a brief visit here this week for a transfer-of-power ceremony from outgoing Provincial Governor Chhit Sokhon to his replacement, Yun Min. ...

Jack Laurenson
http://www.khmertimeskh.com/news/15552/deputy-pm-launches-crackdown-on-corruption/

Second port plans to list on bourse

The largest port in the Kingdom, Sihanoukville Autonomous Port, will list on the Cambodia Securities Exchange (CSX) in the first half of next year, its director general Lou Kim Chhun said yesterday. ...

May Kunmakara
http://www.khmertimeskh.com/news/18656/second-port-plans-to-list-on-bourse/

National Police add weight to logging crackdown

Cambodia’s National Police have joined the fray in an ongoing crackdown against illegal logging, starting their own “mission group” following the creation of a military police task force last week. ...

Mech Dara
http://www.phnompenhpost.com/national/national-police-add-weight-logging-crackdown

Anti-capitol boycott drawing increased support after attack

A boycott of the Capitol Bus Company organised by former drivers and their supporters is picking up steam online after a brutal beatdown took place at a protest last week. ...

Niem Chheng
http://www.phnompenhpost.com/national/anti-capitol-boycott-drawing-increased-support-after-attack

Cashew price jump sparks call for investment

The price of cashew nuts has jumped about 15 percent this year prompting processers and exporters to call for the government to help funnel more investment into growing the crop. ...

Sok Chan
http://www.khmertimeskh.com/news/24423/cashew-price-jump-sparks-call-for-investment/

Japan gives $3M for scholarships

The Japanese government will continue providing scholarships to young Cambodian government officials wishing to study in Japan, continuing a tradition of bilateral scholarship that began in 2000, officials said yesterday. ...

Ros Chanveasna
http://www.khmertimeskh.com/news/25924/japan-gives--3m-for-scholarships/

LG workers claim they have been mistreated

About 300 workers from South Korean firm LG Electronics gathered at the Ministry of Labor yesterday morning to protest against alleged mistreatment by their South Korean boss under Cambodian law. ...

Pav Suy
http://www.khmertimeskh.com/news/27423/lg-workers-claim-they-have-been-mistreated/

A forest disappears in the scramble for land

In the latest twist in a long-running dispute over a protected community forest in Battambang province, villagers disgusted by rampant land grabbing have begun scrambling for a piece of the action. ...

James Reddick and Pav Suy
http://www.khmertimeskh.com/news/17417/a-forest-disappears-in-the-scramble-for-land/

Hun Sen to join regional summits in Malaysia

Prime Minister Hun Sen will lead a high-level ministerial delegation to Malaysia over the weekend, to attend a number of Asean and Asian regional summits. ...

Sok Khemara
http://www.voacambodia.com/content/hun-sen-to-join-regional-summits-in-malaysia/3061814.html

Siem Reap tourist traffic dips 9% in 2015

The number of international tourists visiting Siem Reap fell 9 per cent last year compared with 2014, largely on a decline in European visitor arrivals, a tourism official said yesterday. ...

Sor Chandara and Ayanna Runcie
http://www.phnompenhpost.com/business/siem-reap-tourist-traffic-dips-9-2015

Mammoth year in kingdom’s microfinance sector

Cambodia’s microfinance sector experienced another year of explosive growth, with both lending and deposits surging over 40 per cent in 2015, according to new data by an industry association. ...

Cam McGrath and Cheng Sokhorng
http://www.phnompenhpost.com/business/mammoth-year-kingdoms-microfinance-sector

Vehicle sales increasing, both new and old

The market for new cars in steadily increasing in the Kingdom, with more dealers and representatives setting up outlets, while the sale of used vehicles is also on the rise. ...

Sok Chan
http://www.khmertimeskh.com/news/23065/vehicle-sales-increasing--both-new-and-old/

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