Nine investment projects to generate 14,000 jobs approved
The Council for the Development of Cambodia (CDC) has announced the approval of nine new investment projects creating a total of 13,849 job opportunities for the locals. ...
Khmer Times Staff
https://www.khmertimeskh.com/501315617/nine-investment-projects-to-generate-14000-jobs-approved/
Prey Lang designated a red zone
Minister of Mines and Energy, Keo Rottanak, has declared Prey Lang a protected area, effectively prohibiting the issue of new licenses for mining companies. ...
Thang Sinorn
https://kiripost.com/stories/prey-lang-designated-a-red-zone
PM outlines five-point strategy to fight corruption
Prime Minister Hun Manet has outlined five new strategies to promote reform of governance and the fight against corruption in public administration. ...
Soth Koemsoeun
https://www.khmertimeskh.com/501403234/pm-outlines-five-point-strategy-to-fight-corruption/
European Union and Cambodia launch $53 million technical education initiative
On Tuesday the European Union and the Cambodian government launched four new programs designed to promote sustainability and energy efficiency in the country, including a $53.1 million initiative to improve technical education. ...
Seoung Nimol and Pou Soreachny
https://cambojanews.com/european-union-and-cambodia-launch-53-million-technical-education-initiative/
Swiss agri-tech firm expresses interest in Kingdom
Prime Minister Hun Manet welcomed the interest of Swiss company Bühler Group in introducing new technology into the Kingdom’s agriculture sector. ...
Niem Chheng
https://www.phnompenhpost.com/national/swiss-agri-tech-firm-expresses-interest-in-kingdo
Cambodian Stock Exchange sees challenges, opportunities
I visited the Cambodian Stock Exchange (CSX) last September in the heart of Phnom Penh. It had officially “opened” a few months prior but no companies were listed yet. The trading room was filled with new desks and computer monitors, waiting for someone to power ...
http://www.chinapost.com.tw/business/global-markets/2012/05/07/340280/Cambodian-Stock.htm
The price of land development in Cambodia
Phnom Penh, a city once fabled for its stately colonial buildings and boulevards, and its serene riverside setting, is becoming a city of glaring contrasts. An economy left in ruins by the years of war and violent revolution in the 1970s and 80s grew at a ...
GL to buy Cambodian firm
SET-listed Group Lease Plc (GL) plans to acquire a microfinance company in Cambodia as part of its effort to boost overseas revenue to more than 50% by 2015. GL’s chief executive Mitsuji Konoshita said negotiations are nearly finalised and the acquisition will be made through ...
Bangkok Post News Staff
http://www.bangkokpost.com/news/asia/378183/gl-to-buy-cambodian-firm
PAL vows to pursue Cambodia airline deal with local tycoon
Philippine Airlines continues to pursue talks to form a new Cambodian flag carrier with local telecommunications, banking and property tycoon Kith Meng despite missing a deadline to close the deal for a second time this week, its top executive said. PAL president Ramon S. Ang said ...
Business Inquirer Net News Staff
http://business.inquirer.net/148155/pal-vows-to-pursue-cambodia-airline-deal-with-local-tycoon
Gov’t pledges to cut red tape
In a bid to make Cambodia more business-friendly, the government will cut back on red tape and reduce industry membership costs, Sun Chanthol, the new minister of commerce, said yesterday. Speaking to representatives from the private sector at a conference at the InterContinental Hotel in Phnom ...
Hor Kimsay
http://www.phnompenhpost.com/business/gov%E2%80%99t-pledges-cut-red-tape
Judicial Reform Drafts Still Need Work, Experts Say
Cambodia is preparing three long-awaited laws aimed at restoring its widely criticized judicial system. However, two of the three draft laws obtained by VOA Khmer still need a lot more improvement, according to legal experts. The laws focus on codifying court jurisdiction, laying out guidelines for ...
Men Kimseng
http://www.voacambodia.com/content/judicial-reforms-drafts-still-need-work-experts-say/1840254.html
Press release: New E-commerce grants, training set to boost cambodia’s small and medium enterprises
On 28 December 2020, the Ministry of Commerce issued a press release on new E-commerce grants and training set to boost Cambodia’s small and medium enterprises. So far, 125 small and medium enterprises are set to gain grants and training in online commerce through a ...
Ministry of Commerce
Open Development Cambodia updates a dataset on “Land cover in Cambodia (2015-2020)”
Open Development Cambodia (ODC) updates a dataset on “Land cover in Cambodia (2015-2020)” by adding new interactive map layers of land cover in Cambodia from 2015-2020. This bilingual new dataset highlights 15 classes of land cover throughout Cambodia and allows it to download for purposes.=> ...
Minister’s appeal to listed companies
The opening of the Cambodia Securities Exchange (CSX) was marked by a speech from Minister of Finance Keat Chhon, who urged three state-owned companies to speed up their initial public offerings. No companies, state-owned or otherwise are currently trading on the new market. Telecom Cambodia, ...
http://www.phnompenhpost.com/index.php/Business/lets-get-the-ball-rolling.html
Financial planning: Vietnamese bank targets rural clients
SACOMBANK yesterday announced the launch of its new subsidiary, the 100 per cent foreign-owned Sacombank Cambodia Plc, which is set to target the Kingdom’s rural population. The Vietnamese commercial bank plans to open branches throughout the country’s provinces to provide banking services to a larger cross-section ...
US Says Money Laundering, Drugs Still Major Challenges
Money laundering and drug-related crimes continue to be a major challenge in Cambodia due to a lack of enforceable legislation, endemic corruption and limited resources, according a new report by the US State Department. According to the 2012 International Narcotics Strategy Report, Cambodia continues to be ...
Siem Reap proposed airport said to be on track
A senior government official has said construction on the US$1 billion airport project in Siem Reap was still on track despite the recent arrest of a key person in charge of the project. Plans and designs for the New Siem Reap International Airport had been submitted ...
Angkor revenue up, tourists amount down
According to a new report by the Ministry of Tourism published yesterday, revenue from ticket sales to the Angkor Archeological Park reached $39.48 million in the first quarter of 2018, 28 percent higher than the corresponding period last year. Ministry data showed 854,584 tourists visited the ...
Sum Manet
http://www.khmertimeskh.com/50269499/angkor-revenue-up-tourists-amount-down/
Bokor town plans unveiled
The government has unveiled plans to develop a new town in the Bokor Mountain area, an inter-ministerial meeting last Friday said. Minister of Land Management, Urban Planning and Construction Chea Sophara led the meeting to develop a master plan for the development project, located in ...
Thou Vireak
https://www.phnompenhpost.com/business/bokor-town-plans-unveiled
Firms reminded of indemnity duty
With claims that some companies are attempting to avoid forking out seniority indemnity payments, the Ministry of Labour and Vocational Training has reminded the owners and bosses of garment and footwear companies of their obligation to implement the new policy. Indemnity payments for workers in ...
Long Kimmarita
https://www.phnompenhpost.com/national/firms-reminded-indemnity-duty