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Successful drug raid nabs 3 as arrests continue to increase

Police arrested three people and confiscated about 1 kg of methamphetamine pills in a raid in Kompong Chhnang province on Saturday afternoon, the latest case in a year that has seen nearly three times as many meth busts as in the same period last year, ...

Saing Soenthrith
https://www.cambodiadaily.com/news/successful-drug-raid-nabs-3-as-arrests-continue-to-increase-96373/

Angry truckers protest and block national road 2 and 3

Several groups of angry truckers this morning stage protest and block the National Road 2 and 3 in Dangkao and Por Senchey districts, causing terrible traffic jams along the two national roads. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/angry-truckers-protest-and-block-national-road-2-and-3-9117

China to donate $3.5m for senate office space

The Chinese government has agreed to donate $3.5 million to build a ninth building inside the compound of the Senate on Norodom Boulevard, Senate Secretary-General Oum Sarith said on Tuesday following the signing ceremony in Phnom Penh. ...

Saing Soenthrith
https://www.cambodiadaily.com/news/china-to-donate-3-5m-for-senate-office-space-101718/

Revenue rises in Q3 at capital’s water firm

The capital’s listed water utility posted higher revenue against lower earnings during the third quarter of the year in a filing to the Cambodian stock exchange yesterday. Phnom Penh Water Supply Authority (PPWSA) saw its revenue rise by $1 million, or 8 percent, year-on-year to $13.9 ...

Post Staff
http://www.phnompenhpost.com/business/revenue-rises-q3-capitals-water-firm

ADB announces 3-year pipeline to boost develpment in Cambodia

The Asian Development Bank (ADB) on Tuesday unveiled its new three-year assistance plan of 525 million U.S. dollars to Cambodia in order to help the country reduce poverty, promote growth and mitigate climate change, the bank said. The plan for 2013-2015 marked the bank’s strategic focus ...

http://news.xinhuanet.com/english/world/2012-12/18/c_132048224.htm

Cambodia greets 3.2 mln foreigners in Jan.-Nov. 2012

Cambodia has greeted some 3.2 million foreigners in the first eleven months of 2012, up 24 percent compared with 2.58 million visitors in the same period a year earlier, showed the latest statistics of Tourism Ministry on Thursday. From January to November last year, Vietnam topped ...

http://news.xinhuanet.com/english/world/2013-01/03/c_132077998.htm

3,000 Factory Workers Block Road; Protests Set to Continue

About 3,000 workers at a factory supplying clothes to U.S. brands Levi Strauss and Old Navy blocked traffic for nearly five hours yesterday on National Road 4 in Kandal province, as part of a protest for more benefits and severance pay, protesters and police said. Protests ...

Cambodia's inflation rate fell to 3 per cent in 2012

Cambodia’s inflation rate fell to an annual three per cent last year, down from 4.9 per cent a year earlier, according to data from the National Bank of Cambodia released in late January. Chea Chanto, the bank’s governor, told an annual meeting in late January that ...

http://www.phnompenhpost.com/2013020761219/Business/cambodia-s-inflation-rate-fell-to-3-per-cent-in-2012.html

Former Manager Admits Stealing $2.3M From Canadia Bank

The former manager of Canadia Bank’s credit section has admitted to stealing $2.3 million from the bank’s accounts, the suspect’s lawyer said Tuesday, in what is one of the largest embezzlement schemes ever undertaken in Cambodia’s nascent banking industry. The testimony from Yeth So­pheaktra, 30, to ...

Eang Mengleng and Colin Meyn
http://www.cambodiadaily.com/news/former-manager-admits-stealing-2-3m-from-canadia-bank-44689/

Hun Sen’s Cabinet Approves $3.5B Draft Budget

Prime Minister Hun Sen’s new Cabinet on Friday approved a 2014 draft budget of $3.5 billion, a 13 percent increase over this year’s budget, but gave no details as to how the money would be spent. The CPP also said it will go ahead with a ...

Hul Reaksmey and Zsombor Peter
http://www.cambodiadaily.com/news/hun-sens-cabinet-approves-3-5b-draft-budget-45985/

ADB provides 3 mln USD to Cambodia for flood relief

The Asian Development Bank (ADB) is providing emergency humanitarian assistance of 3 million U.S. dollars to help Cambodia recover from devastating floods that have affected 1.7 million people and caused an estimated 1 billion U.S. dollars in damage, the Bank said in a statement on ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-11/20/c_132903465.htm

Canadia Bank’s Credit Chief Aided $2.3M Embezzlement

One of the four suspects who have been arrested for their alleged involvement in the theft of $2.3 million from Canadia Bank was the head of the bank’s credit section during the time that the embezzlement scheme was carried out, according to a senior adviser ...

Colin Meyn and Eang Mengleng
http://www.cambodiadaily.com/news/canadia-banks-credit-chief-aided-2-3m-embezzlement-44777/

Canadia CEO Sheds Light on $2.3M Embezzlement Scheme

The four people charged with embezzling more than $2 million from Canadia Bank PLC were able to do so by creating fictitious bank accounts and using fraudulent credit cards to withdraw money from those accounts, the bank’s CEO said Monday, the first time Canadia has ...

Joshua Wilwohl
http://www.cambodiadaily.com/business/canadia-ceo-sheds-light-on-2-3m-embezzlement-scheme-45660/

Switzerland provides 3 mln USD to Cambodia for mine clearance

Switzerland on Tuesday granted 3 million U.S. dollars to Cambodia through the United Nations Development Program (UNDP) for mine clearance. The agreement was inked between Rahel Boesch, director of Swiss Agency for Development Cooperation office in Cambodia, and Setsuko Yamazaki, director of UNDP office in Cambodia, ...

Business Ghana News Staff
http://www.businessghana.com/portal/news/index.php?op=getNews&news_cat_id=&id=193425

Cambodia seizes 3 tons trafficked ivory tusks at sea port

Cambodian customs officers on Friday morning confiscated around three tons of elephant tusks at the Sihanoukville Autonomous Port in Southwestern Preah Sihanouk province. In February, customs officers nabbed two Vietnamese men at the Siem Reap International Airport for smuggling 79.5 kg of illegal elephant tusks ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-05/09/c_133321744.htm

UN visits evictees, site of $3.8B tourism project

About 50 families gathered under a timber roof here Sunday among muddy fields granted to them as compensation after China’s Union Development Group (UDG) began to turn their coastal homeland into a $3.8-billion tourist mecca. The families, who now live in timber houses dotting the barren ...

Mech Dara and Alex Willemyns
http://www.cambodiadaily.com/news/un-visits-evictees-site-of-3-8b-tourism-project-62081/

Cambodia receives 3.2 million foreign tourists in Jan-Sep

Around 3.2 million foreign tourists visited Cambodia in the first nine months of the year, a five percent rise from 3.05 million over the same period last year. The majority of tourists came from Vietnam, China, South Korea, Laos and Thailand, Xinhua news agency reported. ...

Bernama News Staff
http://www.bernama.com.my/bernama/v7/wn/newsworld.php?id=1082990

Another Prey Veng market fire causes $3 million in damage

A market fire in Prey Veng province’s Kompong Trabek district destroyed more than 200 stalls early Wednesday morning, spreading to more than 20 adjacent houses and causing almost $3 million in damage, officials said. ...

Khy Sovuthy
http://www.cambodiadaily.com/news/another-prey-veng-market-fire-causes-3-million-in-damage-73206/

Brunei imports more than 3,000 tonnes of Cambodian rice

Brunei has imported 3,003 metric tonnes of Jasmine rice from Baitang, Cambodia, said the Supply and State Stores Department, Ministry of Finance. ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZDNiNTVkYjU4ODA

More than 3,000 luxury logs found in wildlife sanctuary

Police and environment officers in Mondolkiri province on Sunday confiscated more than 3,000 lengths of luxury-grade timber found inside a wildlife sanctuary but have yet to determine if it belongs to a Chinese company with a land concession in the area. ...

Mech Dara
http://www.cambodiadaily.com/news/more-than-3000-luxury-logs-found-in-wildlife-sanctuary-70532/

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