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Power bill spikes raise alarm

Seemingly arbitrary increases in electricity prices are raising eyebrows in Phnom Penh, as residents’ bills are showing marked-up charges despite unchanged usage patterns – and frequent blackouts. Citizens are lodging complaints with the state-owned electricity company Electricite du Cambodge (EdC), claiming that their bills are rapidly ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/power-bill-spikes-raise-alarm

Almost half of Cambodian youth fear unemployment

Almost half of Cambodia’s youth named future employment as their biggest worry, a new study by a local coalition of youth groups shows.Asked about their major worry in life, 49 percent of respondents aged between 15 and 35 said that not being able to find ...

Denise Hruby
http://www.aa.com.tr/en/economy/571449--almost-half-of-cambodian-youth-fear-unemployment

Taps still dry at Pailin prison

A new provincial prison in Pailin’s Sala Krao district still has no running water supply six months after it accepted more than 100 prisoners, local officials say.The prisoners arrived in early March after being transferred from their former prison – an old movie theatre in ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/taps-still-dry-pailin-prison

Single rice brand stirs the pot

The Agriculture Ministry and the Cambodia Rice Federation (CRF) are at odds over the branding of Cambodia’s premium jasmine rice that would help differentiate it from similar varieties sold by Thailand.The CRF is working on a new brand name that it hopes will help distinguish ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/single-rice-brand-stirs-pot

Royal Palace to temporarily hold off visitors

The Royal Palace Ministry yesterday announced the temporary closure of one of the Kingdom’s most iconic buildings amid fears of new Coronavirus infections. ...

Som Kanika
https://www.khmertimeskh.com/50703245/royal-palace-to-temporarily-hold-off-visitors/

Further fiscal woes for tourism sector

The Government on Tuesday announced the suspension of the annual Khmer New Year celebration, in a bid to stop the spread of the Novel Coronavirus. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50710647/further-fiscal-woes-for-tourism-sector/

Senate posed to sign off on 1,000 mW power project

The Senate will convene today for an extraordinary session to discuss the approval of three new power plants which will cumulatively generate nearly 1,000 mW. ...

Chea Vannak
https://www.khmertimeskh.com/50708399/senate-posed-to-sign-off-on-1000-mw-power-project/

All pagodas ordered to cancel KNY celebrations

Cambodia Monk Committee has asked all pagodas across the country to cancel the Khmer New Year celebrations in a bid to contain the coronavirus pandemic. ...

Sen David
https://www.khmertimeskh.com/50710991/all-pagodas-ordered-to-cancel-kny-celebrations/

Timber baron branches into fuel

Timber baron Try Pheap, who has previously been accused of running large-scale illegal timber operations in protected forest areas and making millions off the Kingdom’s natural resources, held a ribbon-cutting ceremony last Friday to launch a new business venture, PAPA Petroleum Co Ltd. ...

Kali Kotoski
http://www.phnompenhpost.com/business/timber-baron-branches-fuel

Real estate firm ready for CSX listing

Bonna Realty Group will prepare to list on the Cambodia Securities Exchange, the company’s president said this week. The real estate firm joins a small but growing group of private companies that say they are gearing up for initial public offerings on the new exchange. ...

http://www.phnompenhpost.com/index.php/2012070657246/Business/real-estate-ready-for-csx.html

Cambodia’s COVID-19 community outbreak increases to 14, tally now at 323

Cambodia’s Ministry of Health this morning announced eight new cases of the novel coronavirus (COVID-19), the tally thus rose to 323. ...

Khmer Times Staff
https://www.khmertimeskh.com/50787651/cambodias-covid-19-community-outbreak-increases-to-14-tally-now-at-323/

Cambodia to focus more on greener building projects

The Ministry of Environment is currently drafting a new guideline on boosting greener development, in line with efforts to have sustainable and eco-friendly environments.​ ...

Chea Vanyuth
https://www.khmertimeskh.com/50909697/cambodia-to-focus-more-on-greener-building-projects/

World Bank lowers GDP growth forecast

The World Bank has revised its economic forecast for Cambodia down to 2.2 per cent this year, from a higher expectation of four per cent in April amid a rapid rise in new daily coronavirus infections and deaths, spurred by the more transmissible Delta variant. ...

May Kunmakara
https://www.phnompenhpost.com/business/world-bank-lowers-gdp-growth-forecast

Mine clearance project for 2022 discussed with an eye clearly set on 2025 for a mine free Cambodia

Cambodia, the United Nations Development Programme (UNDP), Australia, the Korea International Cooperation Agency (KOICA), and New Zealand have discussed the action plan for Clearing for Result Phase IV (CfRIV)-Mine Mine Action for Human Development project for 2022. ...

Khmer Times Staff
https://www.khmertimeskh.com/50990664/mine-clearance-project-for-2022-discussed-with-an-eye-clearly-set-on-2025-for-a-mine-free-cambodia/

AirAsia CEO ‘bullish’ on beating Omicron as airline announces resumption of Phnom Penh flights

AirAsia Group chief executive Tony Fernandes has urged governments to stop “overreacting” to the emergence of the new Omicron variant of Covid-19 and focus on reducing the cost of PCR testing instead. ...

Khmer Times Staff
https://www.khmertimeskh.com/50981824/airasia-ceo-bullish-on-beating-omicron-as-airline-announces-resumption-of-phnom-penh-flights/

Kingdom, E Timor plan to forge ties

The enactment of the new investment law, along with the success of the Covid-19 vaccination campaign, is creating an ever-growing pool of rewarding investment opportunities in the Kingdom, according to Council for the Development of Cambodia (CDC) secretary-general Sok Chenda Sophea. ...

Hin Pisei
https://www.phnompenhpost.com/business/kingdom-e-timor-plan-forge-ties

Anti-money laundering laws relayed in campaign

An awareness campaign communicating the details of two new anti-money laundering laws launched by several ministries has been underway ahead of Cambodia’s Financial Action Task Force (FATF) evaluation, in which the Kingdom is expected to be removed from the organisation’s money laundering “grey list”.   ...

Mom Kunthear
https://www.phnompenhpost.com/national/anti-money-laundering-laws-relayed-campaign

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