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German envoy attends Prek Toal opening

The Ministry of Environment inaugurated the Prek Toal Ramsar-site Core Area Management Centre building in Battambang province on February 18, with German ambassador Christian Berger in attendance. ...

Ry Sochan
https://www.phnompenhpost.com/national/german-envoy-attends-prek-toal-opening

Heritage site revamp aims to boost tourism

Historian and travel industry experts believe the redevelopment of the Luong Preah Sdach Korn Heritage Site in Ponhea Kraek district into a cultural and historical resort will enhance tourism and sustainability in Tbong Khmum province. ...

Chea Sokny
https://www.phnompenhpost.com/national/heritage-site-revamp-aims-boost-tourism

Major bank downgrade

Moody’s Investors Service announced yesterday  it had downgraded the credit rating of ACLEDA Bank, citing the departure of two of  the bank’s major investors in as many years. The loss of a second big sharehol-der in the first half of this year had led to ...

http://www.phnompenhpost.com/index.php/2011090251414/Business/major-bank-downgrade.html

Donaco’s Poipet gamble pays off

Casino operator Donaco International Ltd posted a seven-fold increase in revenue in its first full-year financial filing since acquiring the Star Vegas Resort and Club in Banteay Meanchey province’s Poipet commune, according to the company’s audited annual report, released yesterday. ...

Kali Kotoski
http://www.phnompenhpost.com/business/donacos-poipet-gamble-pays

Australian firm pulls out of Roxy Casino deal

A Sydney-listed company has pulled out of a share purchase deal to acquire the Roxy Casino in Bavet City, citing slack company procedures that suggest the Casino “is not currently ready for public company life,” a filing to the stock exchange says. ...

George Styllis
http://www.cambodiadaily.com/business/australian-firm-pulls-out-of-roxy-casino-deal-69548/

Ousted judge given position in Justice Ministry

Former Phnom Penh Municipal Court director Ang Mealaktei, who was ousted Tuesday amid claims of corruption at the court, was granted a new position in the Ministry of Justice during the ceremony to replace him on Wednesday. ...

Khy Sovuthy and Alex Willemyns
https://www.cambodiadaily.com/news/ousted-judge-given-position-in-justice-ministry-78262/

Migrant workers return

More than 20,000 migrant workers have passed through Battambang province’s Daung international border crossing this month to return home for Khmer New Year, while Poipet border officials say workers have yet to return through their checkpoint in large numbers. Banteay Meanchey provincial Department of Labour ...

Khorn Savi
https://www.phnompenhpost.com/national/migrant-workers-return

Traffic law changes in force

The government has amended the Road Traffic Law and updated the fines for all road violations. A sub-decree released on Tuesday said the fine for motorcycle or tuk-tuk drivers and motorbike riders who fail to wear helmets or wear them incorrectly is 60,000 riel ($15). ...

Voun Dara
https://www.phnompenhpost.com/national/traffic-law-changes-force

More than 72,000 motorists issued fines since May 1

Traffic police have fined more than 72,000 offenders since the new Road Traffic Law was strictly enforced from May 1 up to Monday. ...

Sok Srey Lux
https://www.khmertimeskh.com/50737293/more-than-72000-motorists-issued-fines-since-may-1/

New investment law to be finalised in November

The Kingdom’s new draft law on investment is scheduled to be finalised by the end of November this year. It will help to drive the economic recovery in the context of CoVID-19, according to the Ministry of Economy and Finance (MEF). ...

Sorn Sarath
https://www.khmertimeskh.com/50778372/new-investment-law-to-be-finanlised-in-november/

Relevant legislation: Ministry drafting new immigration law

A ministry working group is drafting a new law aimed to effectively manage immigrants and all foreigners in the Kingdom as Interior Minister Sar Kheng Said the current Law on Immigration has many “loopholes and challenges” in its implementation. ...

Ben Sokhean
https://www.khmertimeskh.com/50749526/relevant-legislation-ministry-drafting-new-immigration-law/

Policymakers push new laws to attract more foreign investment

Local policymakers are driving Cambodia’s regional geography, young population and low labour costs to attract more foreign direct investment (FDI) as the Kingdom releases its new five-year development plan for the garment industry. ...

Sorn Sarath
https://www.khmertimeskh.com/50751156/policymakers-push-new-laws-to-attract-more-foreign-investment/

Kratie province establishes 37 new villages

The Ministry of Interior on Tuesday issued a directive to establish 37 new villages in Kratie province. ...

Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50823332/kratie-province-establishes-37-new-villages/

Cambodia’s new investment law becomes more attractive and considerate for investors

The Draft Law on Investment of the Kingdom of Cambodia was approved by the Royal Government in the Plenary Meeting of the Council of Ministers chaired by Prime Minister Hun Sen.   ...

Khmer Times Staff
https://www.khmertimeskh.com/50891114/cambodias-new-investment-law-becomes-more-attractive-and-considerate-for-investors/

New road traffic law drafted

Minister of Interior Sar Kheng confirmed that a working group is drafting an entirely new road traffic law to replace the current one which he Said requires so many changes to address problems associated with law enforcement. ...

Voun Dara
https://www.phnompenhpost.com/national/new-road-traffic-law-drafted

City tightens rules on Lunar New Year

Phnom Penh municipal governor Khuong Sreng has announced strict measures for Lunar New Year celebrations from January 31 to February 3. ...

Mom Kunthear
https://www.phnompenhpost.com/national/city-tightens-rules-lunar-new-year

Nearly 4.6M tourists logged in Cambodia over Khmer New Year

Cambodia counted nearly 4.6 million domestic tourists over this year’s three-day public holiday for the Khmer New Year, including 4.5 million Cambodians and nearly 30,000 foreign residents – a number which officials have said is similar to that seen pre-pandemic.   ...

Hom Phanet
https://www.phnompenhpost.com/business/nearly-46m-tourists-logged-cambodia-over-khmer-new-year

New Zealand’s Phil Twyford to visit Cambodia to boost trade links with South East Asia

Minister of State for Trade and Export Growth Phil Twyford will travel to Cambodia this week to attend the Association of South East Asian Nations (ASEAN) Economic Ministers’ consultations. ...

Khmer Times Staff
https://www.khmertimeskh.com/501150483/new-zealands-phil-twyford-to-visit-cambodia-to-boost-trade-links-with-south-east-asia/

Siem Reap hotels 90% full for KNY

About 90 percent of hotel and guesthouse rooms in Siem Reap province are booked during the upcoming Khmer New Year, during the 10-year anniversary of the Angkor sangkranta festival. ...

Meas Molika
https://kiripost.com/stories/siem-reap-hotels-90-full-for-kny

Over 650,000 tourists visited Siem Reap province on 2nd day of Khmer New Year

Siem Reap province received a total of 653,670 tourists on the second day of Khmer New Year holiday, according to the Provincial Tourism Department’s report. ...

Khmer Times Staff
https://www.khmertimeskh.com/501274369/over-650000-tourists-visited-siem-reap-province-on-2nd-day-of-khmer-new-year/

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