PPWSA shuffle no surprise
Officials and securities firms yesterday showed little distress at the imminent retirement of Ek Sonn Chan, the man credited with straightening out and preparing the capital’s public water utility for its initial public offering in April. A letter from the Ministry of Industry, Mines and Energy ...
http://Phnom Penh Water Supply Authority shuffle no surprise
IMF sees Cambodia registering a combined GDP growth of one percent this year and to expand to 8.5 percent in 2021
The International Monetary Fund (IMF)said that the outlook for some Asia Pacific countries were much brighter, including Cambodia which is forecasted to have a nominal combined GDP projected growth of 1.0 percent this year before surging 8.5 percent next year. ...
Khmer Times Staff
https://www.khmertimeskh.com/50714379/imf-sees-cambodia-registering-a-combined-gdp-growth-of-one-percent-this-year-and-to-expand-to-8-5-percent-in-2021/
Chinese and Cambodian Armed Forces Joined Hands in Fighting COVID-19
On April 25, 2020, the Chinese Air Force transport plane, loaded with anti-pandemic materials, landed at Phnom Penh Airport again, bringing deep affection and good wishes from the 1.4 billion Chinese people and 2 million Chinese People’s Liberation Army officers and soldiers. ...
Li Jingfeng
https://www.khmertimeskh.com/50718168/chinese-and-cambodian-armed-forces-joined-hands-in-fighting-covid-19/
Government to re-examine traffic law
Following a troubled rollout of the January 1 Traffic Law, the government announced yesterday in a press conference that an inter-ministerial team has been established to determine what amendments will be made in reaction to widespread criticism from the public and civil society. ...
Lay Samean
http://www.phnompenhpost.com/national/government-re-examine-traffic-law
AMRO lowers further Cambodia’s economic growth
According to the news released from Singapore, Cambodia’s economic growth this year has been forecasted to drop from previous prediction (April) of 2.7 percent this year, and 6.8 percent next year to -1.8 percent this year and 6.5 next year. ...
Heng Panha /AKP
https://www.khmertimeskh.com/50752710/amro-lowers-further-cambodias-economic-growth/
Bank backs eco-friendly farming
Ibis Rice Conservation Co Ltd (IBIS Rice) has signed a financing agreement with South Korean-owned Phnom Penh Commercial Bank Plc (PPCBank) to support 1,500 smallholder farmers to grow organic wildlife-friendly jasmine rice, which will help protect endangered species while also earning a premium price for ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/bank-backs-eco-friendly-farming
ACU receives 20K asset declarations
The Anti-Corruption Unit (ACU) said it had received nearly 20,000 declarations of assets and liabilities from officials across all ministries and provincial administrations in a period of just 10 days, from January 1 to 10. ...
Nov Sivutha
https://www.phnompenhpost.com/national/acu-receives-20k-asset-declarations
Third Ring Road 50 percent complete
The construction of the $300 million third ring road was 50 percent complete as of early May and is scheduled to be finished next year, according to the Ministry of Public Works and Transport’s spokesman Heang Sotheayuth. The 52 kilometre road stretches from National Road ...
Chea Vanyuth
https://www.khmertimeskh.com/50857557/third-ring-road-50-percent-complete/
Battambang-Banteay Meanchey highway stretch completed
The Ministry of Public Works and Transport has marked the completion of renovations and expansion of a stretch of National Road 5, a part of Asian Highway 1, linking Battambang town to the Banteay Meanchey provincial capital of Sisophon. ...
Mom Kunthear
https://www.phnompenhpost.com/national/battambang-banteay-meanchey-highway-stretch-completed
Kep’s $2M White Horse Port set to break ground mid-Sept
The Kep Provincial Administration is set to break ground on the long-awaited $1.95 million Ses Sar quay, or “White Horse Port”, on September 15 in the northwestern reaches of the coastal province, in a bid to prop up the local transportation and tourism sectors. ...
Thou Vireak
https://www.phnompenhpost.com/business/keps-2m-white-horse-port-set-break-ground-mid-sept
Indigenous communities in Mondulkiri forced off land
About 1,000 Bunong ethnic minority families in Mondulkiri province are crying for justice after their shelters were demolished by environment officials, alleging they were living on state land, even though the families say they have been living there for generations. ...
Son Minea
https://www.khmertimeskh.com/50893231/indigenous-communities-in-mondulkiri-forced-off-land/
Talks on Cambodia-Thai border crossings
In the middle of a growing crisis with Cambodian and Thai nationals illegally crossing the border every day, Cambodian Lieutenant General Seng Thearin, deputy commander and chief of staff of Region 5, attended a Zoom meeting with his Thai counterpart Major General Karipob Chaiyapunth, chief ...
Yin Soeum
https://www.khmertimeskh.com/50923228/talks-on-cambodia-thai-border-crossings/
CCF carries out raids on 17 fuel fraudsters
Officials from the General Directorate of Consumer Protection, Competition and Fraud Repression (CCF) found 17 fuel businesses in four provinces conducting illegal business, while more than 1,000kg of defective goods and over 500 litres of counterfeit alcohol were confiscated and destroyed from October 18-20. ...
Long Kimmarita
https://www.phnompenhpost.com/national/ccf-carries-out-raids-17-fuel-fraudsters
Banking and financial institutions disbursed $44.9 billion in loans, an increase of 23 percent
The National Bank of Cambodia (NBC) said that at the end of the third quarter of 2021, banking and financial institutions provided loans totaling 185.1 trillion riels or about $44.9 billion to agriculture, construction, manufacturing, services, wholesale and retail trade and household units. This accounted ...
Khmer Times Staff
https://www.khmertimeskh.com/50992206/banking-and-financial-institutions-disbursed-44-9-billion-in-loans-an-increase-of-23-percent/
S’ville port handles over $2.2B in imports, exports
The value of imports and exports handled at the Sihanoukville Special Economic Zone (SSEZ) reached $2.234 billion in 2021, marking a 42.75 per cent rise from $1.565 billion a year earlier, according to a statement released by the operator on January 10. ...
Hin Pisei
https://www.phnompenhpost.com/business/sville-port-handles-over-22b-imports-exports
Rights NGO alleges large-scale land grabs planned in Kampong Speu sanctuary
The environment watchdog Anti-Corruption Natural Resource Protection and Civil Rights Protection Organisation (ACNCIPO) filed a complaint with the Kampong Speu Provincial Administration on March 28 – opposing what they allege is a company’s plan to clear 1,227ha of wildlife sanctuary land in Oral district’s Tasal ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/rights-ngo-alleges-large-scale-land-grabs-planned-kampong-speu-sanctuary
Kingdom successfully hosts 40th ASEANAPOL Conference
Cambodia successfully hosted the 40th ASEAN National Police (ASEANAPOL) Conference and associated events over March 1-5, where member countries, dialogue partners and observers came together in a show of the “spirit of cooperation”. ...
Voun Dara
https://www.phnompenhpost.com/national/kingdom-successfully-hosts-40th-aseanapol-conference
Petrol, diesel rates increased to 5,650, 5,550 riel: ministry
The retail prices of regular-grade petrol and diesel respectively increased by about 0.9 per cent and 2.8 per cent on June 1, according to a notice issued by the Ministry of Commerce. ...
Hom Phanet
https://www.phnompenhpost.com/business/petrol-diesel-rates-increased-5650-5550-riel-ministry
Tax revenue reaches 29% of 2022 goal by end-April
Cambodia earned more than $1.502 billion from tax collection in the first four months of 2022, an increase of over $340 million or 29.36 per cent year-on-year, a feat observers believe reflects recovery and encouraging results from the government’s push started in early November towards ...
May Kunmakara
https://www.phnompenhpost.com/business/tax-revenue-reaches-29-2022-goal-end-april
Jan-Mar Canada exports rise 8% as CCC eyes office launch
Cambodia netted $241.41 million from exports to Canada in the first quarter of 2022, marking an 8.1 per cent rise year-on-year from $223.23 million, and accounting for 98.2 per cent of bilateral trade over the period, according to Customs. ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-mar-canada-exports-rise-8-ccc-eyes-office-launch