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Asian Development Bank keeps growth outlook at 6.8%

New policies in agriculture, real estate and finance led the Asian Development Bank (ADB) yesterday to keep its outlook on Cambodia’s economic growth this year at an estimated 6.8 percent. The announcement comes even as the World Bank and the government have reduced their expectations, projecting ...

Business group to support women

Cambodia’s first association for expanding business opportunities and financing for women was launched on Saturday. The Cambodia Women Entrepreneurs Association would seek to enhance the competitiveness of businesswomen in the growing ASEAN market, which was set to integrate by 2015, Seng Takakneary, president of the new ...

http://www.phnompenhpost.com/index.php/2012031955103/Business/business-group-to-support-women.html

Philippines congratulates Cambodia on peaceful election

The Philippine government congratulated Cambodia for holding a peaceful and orderly election on July 29, saying that it is committed to working with a new government. In the statement issued on August 5, Foreign Affairs Secretary Alan Peter S. Cayetano said that the Philippine government ...

Taing Vida
https://www.khmertimeskh.com/50520944/philippines-congratulates-cambodia-on-peaceful-election/

Government to expand clean water supply to rural areas

The Industry Minister on Monday said that he is committed to expanding the coverage of clean water supply across the country. During a visit to a water processing plant in Pursat province, Industry Minister Cham Prasidh said that providing clean water to rural areas is ...

Pav Suy
https://www.khmertimeskh.com/50522748/government-to-expand-clean-water-supply-to-rural-areas/

Sar Kheng slams fake news

Interior Minister Sar Kheng yesterday rebuked reports that the new Phnom Penh police chief Lieutenant General Sar Thet is his brother. Lieutenant General Sar Thet officially took over as Phnom Penh police chief on Tuesday, filling a void left by General Chuon Sovann, who took ...

Khy Sovuthy
https://www.khmertimeskh.com/50533027/sar-kheng-slams-fake-news/

Japan’s grants aim to ease Phnom Penh’s traffic woes

Workers are putting the finishing touches to the capital’s Chroy Changvar Bridge before its official reopening on April 4, in time for Khmer New Year. The bridge has been under renovation since October 2017, thanks to a $30 million grant aid issued by the Japanese ...

Husain Haider
https://www.phnompenhpost.com/national/japans-grants-aim-ease-phnom-penhs-traffic-woes

MRC to upgrade disaster centre

The Mekong River Commission yesterday announced new efforts to address natural disasters in the region, including a decision to upgrade and rename the Regional Flood Management and Mitigation Centre to the Regional Flood and Drought Management Centre. The announcement followed a two-day bi-annual meeting, which ...

Pech Sotheary
https://www.khmertimeskh.com/50598308/mrc-to-upgrade-disaster-centre/

31 districts selected for one-window services

The Interior Minister has selected 31 districts in 24 provinces to have new one-window service offices this year, according to a letter issued on Thursday.​​ Interior Minister Sar Kheng said in the letter that five of the 24 provinces require multiple one-window service offices, including ...

Mom Sophon
https://www.khmertimeskh.com/50303632/31-districts-selected-for-one-window-services/

Three thousand CPP members attend its congress in the capital

More than 3,000 members of the ruling Cambodian People’s Party (CPP) attended the opening of the party’s 41st Congress of the Central Committee in Phnom Penh on Tuesday. The congress aims to elect new members to top party committees and carefully decide strategies to maintain ...

Mech Dara
https://www.phnompenhpost.com/national/three-thousand-cpp-members-attend-its-congress-capital

Despite health risks, processed meats remain a main course

At a small food shop in Phnom Penh recently, customers crowded in, eating hotdogs and meatballs. These kinds of processed meats are widely popular in Cambodia, and business was brisk. Few here seem to be concerned by new warnings from the World Health Organization that ...

Oum Sonita, Ros Puthineat
http://www.voacambodia.com/content/despite-health-risks-processed-meats-remain-a-main-course/3052068.html

Major set to open 100 cinemas next year

SET-listed Major Cineplex Group Plc has earmarked 1.2 billion baht to open 100 new cinemas nationwide next year in a bid to boost revenue by 10-15%.The investment budget will not cover further expansion in Cambodia, Laos, Myanmar and Vietnam, which will be made through partnerships ...

Nanat Suchiva
http://www.bangkokpost.com/business/news/778761/major-set-to-open-100-cinemas-next-year

ASEAN still a tough market for rice exports despite AEC

Cambodian rice exports are finding new markets and rising demand in ASEAN this year, but officials and exporters are not linking this to the ASEAN Economic Community (AEC), saying it was too early to tell what impact the regional trade bloc – which took effect ...

Sum Manet
http://www.khmertimeskh.com/news/21156/asean-still-a-tough-market-for-rice-exports-despite-aec/

Sand dredging licences secretly soaring

Despite the government’s vow to be more transparent with regulations and the issuing of sand-dredging licences, the Ministry of Mines and Energy (MME) has granted nearly 70 new such licences without holding public auctions or requiring companies to disclose environmental impact assessments (EIA) results to ...

Ayanna Runcie
http://www.phnompenhpost.com/business/sand-dredging-licences-secretly-soaring

Gov’t eyes data gaps to ensure stable foundation for construction industry

A survey of foreign direct investment by the National Bank of Cambodia due to be completed at the end of this month will help fill data gaps in the construction industry and could lead to new regulations in the property market that will pave the ...

Tim Vutha
http://www.khmertimeskh.com/news/15853/gov---t-eyes-data-gaps-to-ensure-stable-foundation-for-construction-industry/

Employers want more productivity following wage hike

Factories in Cambodia’s garment industry say they need more productivity out of workers if they are to survive a new wage hike.Earlier this month, the government agreed to raise minimum wage to $140 per month, a figure managers said would damage the industry. ...

Hul Reaksmey
http://www.voacambodia.com/content/employers-want-more-productivity-following-wage-hike/3015378.html

Prince MFI opens in an expanding market

Prince Microfinance Plc held its official opening yesterday, becoming the 49th registered microlender to operate in Cambodia’s rapidly expanding microfinance market.Hon Sorachana, CEO of Prince Microfinance Plc, said the new financial institution will focus on providing a range of credit options to Cambodians and foreigners, ...

Kun Kourchettana
http://www.phnompenhpost.com/business/prince-mfi-opens-expanding-market

Ministry toughens teen labour ID requirements

The Ministry of Labour has announced new regulations for hiring workers between the ages of 15 and 18, toughening identification requirements in a sector plagued by the use of fraudulent documents.The prakas, active since November 20, requires young workers to show at least three different ...

Lay Samean
http://www.phnompenhpost.com/national/ministry-toughens-teen-labour-id-requirements

Koh Rong Samloeun’s Asia-driven tourism boom

Just four years ago, the white sand beach at Koh Rong Samloeun’s Saracen Bay was empty. Now workers can be seen scrambling over the frames of new bungalows along the shoreline, and speed boats arrive hourly from the mainland to drop off crowds of tourists ...

Jonathan Cox
http://www.khmertimeskh.com/news/21542/koh-rong-samloeun---s-asia-driven-tourism-boom/

Crackdown halts illegal timber trade with Vietnam: gov’t

The illegal timber trade to Vietnam, a key nexus in a shadow industry worth billions of dollars, has been all but eliminated, an official said yesterday in summarising a new report from the government’s anti-logging commission, a claim met with disbelief by more than one ...

Mech Dara and Igor Kossov
http://www.phnompenhpost.com/national/crackdown-halts-illegal-timber-trade-vietnam-govt

Cambodia, Thailand agree to ambitious trade goals

Prime Minister Hun Sen and his Thai counterpart, Prayuth Chan-ocha, agreed to boost bilateral trade by 300 percent—to $15 billion—by 2020 during meetings in which they also signed off on deals to open two new international border crossings and a railway line linking Phnom Penh ...

Aun Pheap
https://www.cambodiadaily.com/news/cambodia-thailand-agree-to-ambitious-trade-goals-103523/

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