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Benefits there for the taking

Thailand will lose its beneficial tax treatment on exports to the European Union next year, and Cambodia’s manufacturing sector could be set to capitalise. Following three consecutive years of upper-middle income status as defined by the World Bank, Thailand will on January 1 lose its Generalised ...

Daniel de Carteret
http://www.phnompenhpost.com/business/benefits-there-taking

Gov’t bans alcohol ads to reduce traffic deaths

Television and radio stations will be barred from broadcasting advertisements for alcohol during the primetime 6 p.m. to 8 p.m. slot beginning next month, as part of the government’s effort to reduce the number of fatalities resulting from drunk driving, officials at the Ministry of ...

Aun Pheap
http://www.cambodiadaily.com/news/government-bans-alcohol-ads-in-effort-to-reduce-traffic-deaths-67735/

Unlicensed lenders called out

Officials have released a public statement warning against a rise in unlicensed lenders they say are dangerously operating outside of Cambodian regulations and threatening financial stability. In a joint declaration from the Ministry of Economy and Finance and the National Bank of Cambodia on Monday, authorities ...

Hor Kimsay
http://www.phnompenhpost.com/business/unlicensed-lenders-called-out

Growing pains, as capital keeps expanding

Phnom Penh is one of the fastest-growing cities in Southeast Asia. It added nearly 500,000 people between 2000 and 2010, for a total of 1.4 million. That has meant a lot of changes in a short period: more congestion, more markets, more housing. And, newcomers ...

Phorn Bopha,
http://www.voacambodia.com/content/growing-pains-as-capital-keeps-expanding/2630483.html

After prolonged protest, villagers win back land

Land Management Minister Im Chhun Lim intervened in a high-profile land dispute between villagers from Kratie province’s Snuol district and a South Korean agribusiness firm over the weekend, announcing Saturday that the contested 1,562-hectare tract would be taken back from the company and awarded to ...

Aun Pheap and George Wright
http://www.cambodiadaily.com/news/after-prolonged-protest-villagers-win-back-land-67344/

Poll shows increased dissatisfaction with government

An increasing number of Cambodians are dissatisfied with the direction the country is moving toward, according to results from a nationwide survey by the Asia Foundation. The foundation interviewed 1,000 people face to face in May and June of this year—prior to a political deal struck ...

Phorn Bopha
http://www.voacambodia.com/content/poll-shows-increased-dissatisfaction-with-government/2561243.html

Renaissance Minerals to raise $2.2m for Cambodian gold quest

Renaissance Minerals (ASX: RNS) will increase its cash position to further develop its Cambodian Gold Projects, after receiving firm commitments for the placement of 44 million shares at $0.05 to raise $2.2 million. Renaissance will now be funded to advance its wholly-owned Cambodian Gold Project, where ...

http://www.proactiveinvestors.com.au/companies/news/45855/renaissance-minerals-to-raise-22m-for-cambodian-gold-quest-45855.html

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

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