ASEAN FMs reiterate continued commitment to realizing ASEAN Community
Foreign ministers of the Association of Southeast Asian Nations (ASEAN) on Sunday reiterated their continued commitment to the realization of ASEAN Community by 2015 and beyond. They pledged their commitment in the joint communique issued on the final day of their 47th annual meeting in Nay ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-08/10/c_133546154.htm
Stung Treng authorities reject RFA timber trafficking claim
The Stung Treng provincial department of agriculture, forestry and fisheries rejected a Radio Free Asia (RFA) report which claimed that on March 27, there was a resurgence of illegal timber trafficking activities near the Lower Sesan II Dam. ...
Ry Sochan
https://www.phnompenhpost.com/national/stung-treng-authorities-reject-rfa-timber-trafficking-claim
UN, Asean: Drought in region may intensify
Drought in many parts of Southeast Asia may become even more frequent and intense if action is not taken now to build resilience, according to the latest joint study by the UN Economic and Social Commission for Asia and the Pacific (Escap) and the Association ...
Khorn Savi
https://www.phnompenhpost.com/national/un-asean-drought-region-may-intensify
Banks to expand amid sound macroeconomy
Some of Cambodia’s largest banks and financial institutions have announced plans to expand their businesses following solid macroeconomic performance so far this year. The National Bank of Cambodia (NBC) in July projected that the Kingdom’s economy is poised to have grown 7.1 per cent this year. ...
May Kunmakara
https://www.phnompenhpost.com/business/banks-expand-amid-sound-macroeconomy
Australian gold miner divests Cambodian subsidiary
Australia-listed Southern Gold has completed its divestment of its Cambodia’s subsidiary Southern Gold Asia, saying there was little interest among its investors in the company and that it would focus on its Cannon gold mine in Western Australia, according to a press release from the ...
May Kunmakara
http://www.khmertimeskh.com/news/21152/australian-gold-miner-divests-cambodian-subsidiary/
Gov’t moves to attract IT firms
Technological innovation is playing a critical role in the development of the country’s economy by making business operate faster, a senior official at the Ministry of Commerce told a seminar last week. ...
May Kunmakara
http://www.khmertimeskh.com/news/18058/gov---t-moves-to-attract-it-firms/
PM touts exemption for land bequests
The government has announced its intention to scrap a 4 per cent fee levied on the transfer of property when the transfer is being made as an inheritance. ...
Pech Sotheary
http://www.phnompenhpost.com/national/pm-touts-exemption-land-bequests
New hall inaugurated at airport in capital
Cambodia Airports, a company majority-owned by France’s Vinci Group, officially inaugurated its $26 million new arrivals hall and the extension of its boarding concourse yesterday at the Phnom Penh International Airport. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/new-hall-inaugurated-airport-capital
Rainsy says China aid to blame for rights abuses
Days after signing a statement welcoming Chinese President Xi Jinping to Cambodia, opposition leader Sam Rainsy took to Radio Free Asia to slam China for enabling human rights abuses in the Kingdom with no-strings-attached loans. ...
Cristina Maza
http://www.phnompenhpost.com/national/rainsy-says-china-aid-blame-rights-abuses
Safety video for buyers of motorbikes
Buyers of motorcycles under 125cc will have to watch a 10-minute video on drunk driving and road safety from next year. The move is an attempt to cut traffic deaths, particularly among young people. Nearly half of road deaths involve people aged 15 to 30. Agreement on ...
May Titthara
http://www.khmertimeskh.com/news/33118/safety-video-for-buyers--of-motorbikes/
Hun Sen makes a plea for more child welfare
Prime Minister Hun Sen yesterday called on everyone whose work related to children to be conscientious and passionate about their job. He spoke at the opening ceremony of the Asia-Pacific Regional Early Childhood Development Conference, which is being held over three days in Siem Reap City. ...
Mom Kunthear
http://www.khmertimeskh.com/news/36025/hun-sen-makes-a-plea-for-more-child-welfare/
New hall inaugurated at airport in capital
Cambodia Airports, a company majority-owned by France’s Vinci Group, officially inaugurated its $26 million new arrivals hall and the extension of its boarding concourse yesterday at the Phnom Penh International Airport. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/new-hall-inaugurated-airport-capital
In Phnom Penh, the Vespa Comes Back 'Officially'
“Vespa was in Cambodia before the war [and] Piaggio wanted to come back to the market in Cambodia, because the market is growing,” explained Frederic Bachelet, head of business development at Narita Vespa Co. Ltd. The company plans to break ground next week on ...
Higher tax, healthier kids: study
A World Bank report highlighting the rate of Cambodian children exposed to second-hand cigarette smoke has bolstered calls to increase tobacco taxes threefold. The World Bank report, which was released on November 20 and titled Risking Your Health, claims nearly 50 per cent of all Cambodians under ...
Eddie Morton
http://www.phnompenhpost.com/national/higher-tax-healthier-kids-study
Official blames villagers for deforestation
Government officials yesterday laid the blame for Cambodia’s deforestation on villagers gathering firewood. “Every day, they need fuel for cooking – that’s a lot of logging,” Chheng Kimsun, director general of the Forestry Administration, said at a workshop aimed at addressing sustainable forest management. Gathered at the ...
Phak Seangly and Laignee Barron
http://www.phnompenhpost.com/national/official-blames-villagers-deforestation
Viriyah firm plans move in Cambodia
Thailand’s Viriyah Insurance, one of the biggest firms of its kind in the country, is seeking to expand its motor vehicle business in Southeast Asia, according to a report yesterday in the Bangkok Post. ...
Chan Muy Hong
http://www.phnompenhpost.com/business/viriyah-firm-plans-move-cambodia
Cambodia's oil imports up 10 pct in Q1
Cambodia imported 453,000 tons of petroleum in the first three months of 2014, up 10 percent from 412,190 tons over the same period last year, the data of the Ministry of Commerce showed Tuesday. During the January-March period this year, the country spent 442 million U.S. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MjhiNWFmMjgwODB
Corruption not rampant: Hun Many
Hun Many, the youngest son of Prime Minister Hun Sen and an elected lawmaker in Kampong Speu province, has defended his party against allegations of nepotism, corruption and election irregularities in a foreign TV interview. In a wide-ranging Channel News Asia interview that aired on Friday, ...
Kevin Ponniah
http://www.phnompenhpost.com/national/corruption-not-rampant-hun-many
Foreign policy challenged by regional conflicts, expert says
ambodian leaders are facing a very uncertain Asean in recent weeks, with anti-Chinese protests in Vietnam pitting two of the country’s standards allies against each other and a Thai coup sealing the western borders and leaving a neighbor in the hands of military control. Both issues ...
Sok Khemara
http://www.voacambodia.com/content/foreign-policy-challenged-by-regional-conflicts-expert-says/1921175.html
Smartphone sales slowing
After years of ever-brisker sales, the smartphone market may be plateauing. Cambodians spent more than $300 million on smartphones last year, a 38 per cent increase from 2012’s figure of about $220 million, according to data from Singapore-based research firm GfK. Some 907,000 smartphones were sold in ...
May Kunmakara and Daniel de Carteret
http://www.phnompenhpost.com/business/smartphone-sales-slowing