Revenues from trade inspection climbing
Camcontrol Directorate General revenue from goods inspections during the first half of the year increased by more than 32 percent compared to the same period last year, according to Ministry of Commerce data. Camcontrol, or the Cambodia Import-Export Inspection and Fraud Repression Directorate General, which regulates ...
Chinese firm buys timber concession
Cambodia has granted Chinese timber company Shengda Wood a 22,600-hectare timber concession in Kratie and Strung Treng provinces, officials said. The Shenzhen Stock Exchange-listed company would export wood from the 70-year concession to supply a depleted market in China, Li Jie, a management official in Sichuan, ...
CSX trading postponed again until next year
Trading on the Cambodia Securities Exchange will be delayed once again until the beginning of 2012, Minister of Economy and Finance Keat Chhon said yesterday. He blamed an incomplete regulatory regime and the public’s lack of confidence in the stock market as reasons for the delay, ...
Revenues for first seven months double to $1.6bn
The government has collected 6,557 billion riel, or about $1.6 billion, in revenues in the first seven months of 2011, a figure that is twice that of the $801 million in revenues that were collected during the same period last year, data released by the ...
Laos dam looms over fish quota
A new government plan has set a goal for an annual 1.2 million tonnes of fish by 2019, but officials and environmentalist have said the construction of Xayaburi dam in Laos could stymie Mekong fisheries. The plan would push fish exports to 500,000 tonnes of fish ...
http://www.phnompenhpost.com/index.php/2011120953255/Business/laos-dam-looms-over-fish-quota.html
Kingdom pushes power grid
The Cambodian government yesterday offered a subsidy on equipment to private electricity distributors in an effort to expand the Kingdom’s limited power grid. Private power suppliers who have completed between 70 to 80 per cent of their planned investments in electricity networks can request subsidies on ...
http://www.phnompenhpost.com/index.php/2011122053502/Business/kingdom-pushes-power-grid.html
Informal Pharmacies Continue To Operate Despite Crackdown
There are no reliable figures on the number of illegal pharmacies operating nationwide, but the government insists that the problem is a thing of the past. At the launch of an anti-drug campaign at the US Embassy in Phnom Penh on Monday, Chou Yin Sim, secretary ...
First Trial Involving Minister’s Wife Commences
The first trial in a long-running land dispute with the wife of Industry, Mines and Energy Minister Suy Sem will start today at the Kompong Chhnang Provincial Court, a human rights worker and court officer said yesterday. Court prosecutor Penh Vibol confirmed that the court would ...
CDC gives nod to $3.5B in projects
The Council for Development of Cambodia (CDC) approved projects worth a total $3.5 billion in the first half of this year – a 14 per cent increase compared to the same period last year, a statement released on Saturday said. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-gives-nod-35b-projects
Rural women vital to society: UN
Ahead of International Women’s Day, the United Nations’ Committee on the Elimination of Discrimination against Women (CEDAW) issued a statement highlighting the important roles rural women and girls play in society while stressing the need to protect and promote their rights. ...
Michael Light
http://www.khmertimeskh.com/news/22402/rural-women-vital-to-society--un/
FAO addresses rural poverty
The Food and Agriculture Organization of the United Nations (FAO), in cooperation with the Ministry of Agriculture, Forestry and Fisheries (MAFF) and the International Fund for Agricultural Development (IFAD), met yesterday to discuss strategies to address the vulnerabilities facing Cambodia’s small-scale farmers and landless poor. ...
Safiya Charles
http://www.khmertimeskh.com/news/26235/fao-addresses-rural-poverty/
Government admits to issues in obtaining drug care
The government marked World Drug Day on Sunday by setting fire to almost 1.5 tons of confiscated drugs in a schoolyard in Phnom Penh. Officials conceded that efforts to curb usage were failing, pointing to a lack of public knowledge and participation. ...
Ouch Sony
https://www.cambodiadaily.com/news/government-admits-to-issues-in-obtaining-drug-care-114644/
Ministry tells Phnom Penh to put end to digging
In the wake of recent illegal digging in the capital, Minister of Mines and Energy Suy Sem has called on the Phnom Penh city governor to stop issuing licences allowing businesses to dig soil in the city and to strengthen its enforcement on a longstanding ...
Mech Dara and Yesenia Amaro
http://www.phnompenhpost.com/national/ministry-tells-phnom-penh-put-end-digging
$6 billion in building projects
During the past five years the government approved close to $6.83 billion worth of investments in 1,183 construction projects, according to a senior official from the Ministry of Land Management, Urban Planning and Construction. ...
Sum Manet
http://www.khmertimeskh.com/news/28404/-6-billion-in-building-projects/
Big timber stash found in Pursat
An NGO operating in the Pursat section of the protected Cardamom Mountains uncovered 50 cubic metres of luxury timber yesterday. Chea Hean, director of the Natural Resource and Wildlife Preservation Organisation, said he and four colleagues uncovered the illicit stash as part of an ongoing investigation, ...
Phak Seangly
http://www.phnompenhpost.com/national/big-timber-stash-found-pursat
Angkor Wat families get solar power
In an effort to make the area look better and promote environmental practices amongst the communities living within the Angkor Archaeological Park in Siem Reap province, the Apsara Authority, which is tasked with maintaining the temple area, is pushing the use of solar panels. Unsightly electric ...
Pech Sotheary
http://www.khmertimeskh.com/news/29042/angkor-wat-families-get--solar-power/
Loan for silos in limbo
There seems to be no definite period of when a $300 million loan from the Chinese government, to build large silos to store rice for milling, will be disbursed to the Cambodian government. ...
Sum Manet
http://www.khmertimeskh.com/news/28139/loan-for-silos-in-limbo/
ADB to muscle up its lending with pledge of $1B
Cambodia could receive over $1 billion in developmental aid and grant funding from the Asian Development Bank (ADB) in the coming four years as the multilateral financial institution consolidates its lending arms and scales up operations across the region – a move that some analysts ...
Kali Kotoski
http://www.phnompenhpost.com/business/adb-muscle-its-lending-pledge-1b
Preah Sihanouk factories close
Two garment and textile factories in Preah Sihanouk province have signaled their insolvency, and called on creditors to file for compensation with their administrators before Monday. ...
Sok Chan
http://www.khmertimeskh.com/news/31366/preah-sihanouk-factories-close/
Thailand plans to buy Cambodian water
Thailand’s listed Eastern Water Resources Development and Management Plc’s subsidiary Universal Utilities Plc. a tap water provider, plans to spend some 200 million baht ($6 million) a year to buy water from the still to be built Stung Nam hydroelectric dam in Koh Kong province ...
May Kunmakara
http://www.khmertimeskh.com/news/37220/thailand-plans-to-buy-cambodian-water/