Black gold on the horizon
The Ministry of Mines and Energy signed a petroleum agreement with Cambodia Resources Energy Development Co on exploration of the offshore Block D oilfield. “Signing the agreement allows the company to conduct studies and search for oil in Block D,” Cheap Sour, director-general of Petroleum ...
Chea Vannak
https://www.khmertimeskh.com/50690818/black-gold-on-the-horizon
Five new solar farms to be connected to the national grid
Solar farms across five provinces are being launched this year, according to the Ministry of Mine and Energy. in its annual report, the ministry stated five solar parks are having their construction works accelerated so they can be connected to the national grid as soon ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50692029/five-new-solar-farms-to-be-connected-to-the-national-grid
Arbitration Council receives funds from the US, Sweden
The Arbitration Council said on Thursday that it handled 2,882 cases from 2003 to 2019, which affected over 1.11 million workers in the industrial and service sectors across the country. Of these, it found solutions to 75 per cent of the cases, said Arbitration Council Foundation ...
Voun Dara
https://www.phnompenhpost.com/national/arbitration-council-receives-funds-us-sweden
‘No plan’ to reduce electricity bills nationwide
Despite the reduction of electricity tariffs for factory workers suspended due to the COVID-19 pandemic, the Electricity Authority of Cambodia (EAC), the autonomous government agency responsible for managing and administering electric power in the country, has said that “a general plan for electricity bill reduction ...
Chea Vannak
https://www.khmertimeskh.com/50713248/no-plan-to-reduce-electricity-bills-nationwide/
Officials examine timber company for irregularities
After winning the rights to transfer large shipments of timber from Mondulkiri province to the rest of Cambodia, Try Pheap Import Export Co Ltd is being examined by 10 officials to ensure there are no irregularities in its operation, Mondulkiri provincial forestry administration director Um ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/officials-examine-timber-company-irregularities
‘Logging rampant despite pandemic’
Forest activists claimed they had observed more cases of deforestation in the Prey Lang area than before the Covid-19 outbreak. They alleged that three companies had sent workers to log and transport timber with no crackdown by the relevant authorities. ...
Khorn Savi
https://www.phnompenhpost.com/national/logging-rampant-despite-pandemic
China remains major market for Cambodia rice exports
China remains the main source for Cambodia rice exports according to just-released data from the Cambodia Rice Federation (CRF). The CRF’s figures show that in the first quarter of 2020, 44 percent of Cambodia’s milled rice was shipped to China or 101,345 tonnes. ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50708983/china-remains-major-market-for-cambodia-rice-exports/
Fisheries authority chalks up 599 offences
he Fisheries Administration has cracked down on a total of 599 fishing offences in the first three months of the year, including 42 sea fishing offences. This figure is down by 88 cases from the same period last year, said its report obtained by The ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/fisheries-authority-chalks-599-offences
No sign of slowing sales of borey projects despite Coronavirus
Sale prices of Phnom Penh landed property (borey) units showed no sign of slowing down in the past six months. Driven by strong local demand, the average quoted prices accelerated across all unit types, according to the first quarter report from CBRE, a commercial real ...
Pandemic means that Digital 2020 postponed
The escalating health crisis that Cambodia is experiencing because of the Coronavirus outbreak has led to the postponement of several major business-related events supposed to be held this month in the Kingdom, including Digital Cambodia 2020. ...
Jose Rodriguez T. Senase
https://www.khmertimeskh.com/50705451/pandemic-means-that-digital-2000-postponed/
New tax rates announced for businesses and employees
The Ministry of Economy and Finance has revised the tax rates for all business owners and employees in Cambodia. Employers were instructed to deduct employee taxes according to the new rates from February onwards. Taxpayers have to submit the tax declaration by the 20th of ...
Voun Dara
https://www.phnompenhpost.com/national/new-tax-rates-announced-businesses-and-employees
Trade with Japan sees increase of nearly 5%
Trade volume between Cambodia and Japan reached over $586 million in the first quarter of this year, up 4.90 per cent year-on-year, despite the Covid-19-fuelled demand and supply shocks reverberating across the global economy, a report from the Japan External Trade Organisation (Jetro) shows. ...
Thou Vireak
https://www.phnompenhpost.com/business/trade-japan-sees-increase-nearly-5
ACU takes aim at bribes
The Anti-Corruption Unit has set its sights on illegal fees paid at the commune level and intends to stamp out a decades-old culture of bribery within the next four months, ACU officials announced yesterday. At a press conference, acting ACU president Chhay Savuth said that 22 ...
http://www.phnompenhpost.com/index.php/2012050956060/National-news/acu-takes-aim-at-bribes.html
Hun Sen aims to attract more Japanese money
Japan’s Sumi Wiring Systems Co Ltd launched production of automobile wiring this month, a company official said yesterday. Japanese companies such as Sumi and Minebea, a ball-bearings maker, have helped Cambodia’s manufacturing industry diversify away from garments, the country’s main manufacturing product and export, and Prime Minister Hun Sen ...
Cambodia’s lifting of entry ban will have minimal impact on tourism or economy
Cambodia lifted a ban on entry of visitors from Iran, Italy, Germany, Spain, France and the United States that had been put in place to curb the spread of coronavirus, the health ministry a week ago and the immediate result of this is the detection ...
Khmer Times Staff
https://www.khmertimeskh.com/50727375/cambodias-lifting-of-entry-ban-will-have-minimal-impact-on-tourism-or-economy/
Two Japanese firms eye agricultural opportunities
NIPPON Express and Xamato Green expressed their interest after seeing a potential investment in Cambodia’s agriculture sector. The plan was disclosed during a meeting last week led by Yamato Green company’s Chairman Nabeshima Katsuhito and Ngin Chhay, the director-general of the General Directorate of Agriculture ...
Chhut Bunthoeun
https://www.khmertimeskh.com/50726611/two-japanese-firms-eye-agricultural-opportunities/
Ousted court director gave seized SUV to policeman son
The former director of the Phnom Penh Municipal Court, who was ousted last week amid allegations of serious corruption, gave a luxury SUV to his son—a local police official—after it was confiscated from a suspected drug trafficker, the National Police said in a statement Sunday. ...
Hay Pisey
https://www.cambodiadaily.com/news/ousted-court-director-gave-seized-suv-to-policeman-son-78486/
Ukrainian politician off wanted list
A Ukrainian member of parliament sought by Cambodian authorities over allegations of child-rape was removed from interpol’s most-wanted list on Tuesday night because, according to Cambodia’s interpol office, “the case involves politics in Ukraine and Russia.” ...
Matt Blomberg and Aun Pheap
https://www.cambodiadaily.com/news/ukrainian-politician-struck-from-wanted-list-80730/
USAID provides additional grant to stimulate conservation action
The United States Agency for International Development yesterday announced the provision of an additional grant worth $100,000 to Sansom Mlup Prey Organisation, through the GreenIng Prey Lang Project. The grant seeks to stimulate conservation efforts which Include the promotion of wildlife-friendly farmIng In communities livIng ...
Pech Sotheary
https://www.khmertimeskh.com/50732091/usaid-provides-additional-grant-to-stimulate-conservation-action/
Cambodia’s hotels and international flights to reopen shortly
Hotels and international flights forced to close due to the COVID-19 pandemic in Cambodia are expected to reopen this month Clais Chenda, President of Cambodia Hotel Association, said that some hotel owners confirm they will resume operations shortly and international flights are expected to commence ...
Khmer Times Staff
https://www.khmertimeskh.com/50731349/cambodias-hotels-to-reopen-shortly/