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Thai cement giant to invest $300m in Cambodia

Thailand’s largest cement producer, Siam Cement Group (SCG), plans to invest up to $300 million to increase its production capacity in Cambodia over the next five years in a bid to take advantage of booming domestic demand, a company official said Monday. ...

Kang Sothear
https://www.cambodiadaily.com/business/thai-cement-giant-to-invest-300m-in-cambodia-92400/

Untaxed alcohol seized at border

Border police in Tbong Khmum’s Memot district near the Cambodian-Vietnamese border seized more than 900 cases of top-shelf booze on Sunday after a truck tried to smuggle in a large chunk without paying tax, police confirmed yesterday. ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/untaxed-alcohol-seized-border

With maps, border tension defused—for now

At the height of the CNRP’s campaign to draw attention to illegal Vietnamese incursions into Cambodia, the opposition party in June shifted its offensive toward an old claim—that the government has been complicit in planting border markers well inside Cambodian territory. ...

Alex Willemyns and Kuch Naren
https://www.cambodiadaily.com/news/with-maps-border-tension-defused-for-now-92648/

Foreign minister calls on opposition to end its border ‘campaign’

Ruling party officials say the opposition is playing a “bad trick” on Cambodians, inciting nationalistic anger with claims of Vietnamese encroachment and accusations that the government is not using the proper maps to demarcate the border. ...

Neou Vannarin
http://www.voacambodia.com/content/foreign-minister-calls-on-opposition-to-end-its-border-campaign/2933067.html

Marketing at ‘The Bay’ eats into Teho’s bottom line

Teho International, developer of the $500 million “The Bay” real estate project in Phnom Penh, reported $5.3 million in losses for the year ending June 2015, in part due to marketing and promotional activities relating to the Cambodian project. ...

Ananth Baliga
http://www.phnompenhpost.com/business/marketing-bay-eats-tehos-bottom-line

Healthy profit for Acleda in first half

Cambodia’s largest bank, Acleda Bank, announced its half-yearly results on August 26, reporting a 40 per cent increase in net profits as compared to the same period last year, on the back of strong loan and deposits growth. ...

Ananth Baliga
http://www.phnompenhpost.com/business/healthy-profit-acleda-first-half

Police arrest 17 at protest in Koh Kong

Police in Koh Kong province on Wednesday arrested 17 people—including four rights workers—near the provincial courthouse as protesters continued to call for the release of three jailed environmental activists, according to officials. The group was released shortly after 6 p.m. ...

Aun Pheap
https://www.cambodiadaily.com/news/police-arrest-17-at-protest-in-koh-kong-93241/

CNRP tells donors to retrieve their funds

A district official with the Cambodia National Rescue Party has offered a group of disgruntled donors in Kandal their money back after they lodged a complaint with local police over the opposition’s fundraising efforts for its Sun TV station. ...

Chhay Channyda
http://www.phnompenhpost.com/national/cnrp-tells-donors-retrieve-their-funds

Vultures ‘needed in north’

The role played by vultures in maintaining the environment by stripping the carcasses of dead animals was celebrated yesterday at an event in Preah Vihear province, where conservationists and officials pledged to do more to protect the species’ dwindling numbers. ...

Taing Vida
http://www.phnompenhpost.com/national/vultures-needed-north

Clean energy microgrid in pipeline for Koh Rong Sanloem

A new private-sector energy development is in the pipeline for Koh Rong Sanloem Island with the goal of bringing clean and reliable electricity 24 hours a day to the remote location. ...

Thou Vireak
https://www.phnompenhpost.com/business/clean-energy-microgrid-pipeline-koh-rong-sanloem

Conservation and tourism plans for protected park in Preah Vihear

The Royal Academy of Cambodia (RAC) is preparing Preah Vihear’s Techo Sen Russey Trep Park for domestic and international tourism and expects to open within three years. ...

Buth Sela
https://www.khmertimeskh.com/50804751/conservation-and-tourism-plans-for-protected-park-in-preah-vihear/

Flood shelters in Tboung Khmum ready to go

Tboung Khmum provincial authorities have prepared safe shelters for residents in the event of a Mekong River flood this rainy season. ...

Chhun Sunly
https://www.khmertimeskh.com/50906367/flood-shelters-in-tboung-khmum-ready-to-go/

HRW politicises human rights with a biased report attacking Cambodian dam project

Human rights are for humanity, not for Human Rights Watch (HRW). Human rights must be understood and approached based on the context and the stage of nation building and state building. ...

Suos Yara
https://www.khmertimeskh.com/50917270/hrw-politicises-human-rights-with-a-biased-report-attacking-cambodian-dam-project/

Among global vaccine leaders, Cambodia on track for more than 6% growth in 2022

Cambodia is on track to achieve GDP growth of more than six percent next year thanks to its “well strategised and rapidly executed” vaccine rollout, according to an investment advisory firm. ...

Khmer Times Staff
https://www.khmertimeskh.com/50919098/among-global-vaccine-leaders-cambodia-on-track-for-more-than-6-growth-in-2022/

New investment law draft ready to make Cambodia more attractive

The Council of the Ministers approved the new investment law draft last week in order to attract increased investment flow to the Kingdom and enhance the nation’s economic diversification and competitiveness. ...

Chea Vanyuth
https://www.khmertimeskh.com/50891685/covid-19-victim-new-investment-law-draft-ready-to-make-cambodia-more-attractive/

Gov’t continues social protection policies

Prime Minister Hun Sen said the government continues to implement social protection policies and has introduced additional social assistance intervention to alleviate difficulties and improve the plight of poor people, especially women and girls.​ ...

Nov Sivutha
https://www.phnompenhpost.com/national/govt-continues-social-protection-policies

Garment sector wage negotiations resume today, workers may strike

The tripartite meetings to decide the 2022 garment factory minimum wage will resume today amid stalemated negotiations. Unions have warned of demonstrations if the talks do not result in a resolution. ...

Yin Soeum
https://www.khmertimeskh.com/50942956/garment-sector-wage-negotiations-resume-today-workers-may-strike/

Cambodia asks World Bank to further support Cambodia’s development by mobilizing grant aids

Cambodia has asked the World Bank (WB) to help mobilise more grant aid to support the country’s projects promoting skills, education and health, particularly in the context of COVID-19. ...

Khmer Times Staff
https://www.khmertimeskh.com/50935923/cambodia-asks-world-bank-to-further-support-cambodias-development-by-mobilizing-grant-aids/

U.S.-ABC interested to invest in various sectors in Cambodia

U.S.-ASEAN Business Council (U.S.-ABC) is interested to invest in Cambodia in the fields of energy, industry, health, technology, finance and import-export. ...

Khmer Times Staff
https://www.khmertimeskh.com/50955248/u-s-abc-interested-to-invest-in-various-sectors-in-cambodia/

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