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Hun Sen’s sister resigns in protest

Prime Minister Hun Sen’s sister Hun Sinath has resigned from her job as a secretary of state over what she said was her colleagues’ fear of investigating a land dispute between villagers in Kampong Speu province and tycoon Ly Yong Phat. Sinath revealed her resignation ...

May Titthara
http://phnompenhpost.com/national/hun-sen%E2%80%99s-sister-resigns

Cambodians flock to the net

Internet use in Cambodia grew a staggering 414 per cent since January 2014, but penetration still remains relatively low at 25 per cent, according to a new report from a Singapore-based consultancy firm. The Digital, Social and Mobile in APAC 2015 report, published yesterday by We ...

Ananth Baliga
http://www.phnompenhpost.com/cambodians-flock-net

Transparency key to attract US investments: Ambassador

US Ambassador Patrick Murphy on Monday held a meeting with Land Management Minister Chea Sophara to discuss the need for transparency in development projects to attract more American investments. Mr Murphy tweeted after the meeting the United States wants to see that all development projects in ...

Sun Mesa
https://www.khmertimeskh.com/50673427/transparency-key-to-attract-us-investments-ambassador

Local authorities searching for forest arsonists in Battambang

Specialists from Battambang province’s Forestry Administration, along with Samlot district authorities, are conducting a joint search for arsonists responsible for the recent forest fire in the Dos Kramom mountain area located in Ta Sanh commune. The suspects are presumed to have secretly burned the forest to ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/local-authorities-searching-forest-arsonists-battambang

Cambodia May Lure Up to 10 IPOs a Year, Korea Bourse Says

Cambodia’s stock market, which is set to open next week after several delays, may be able to lure five-to-10 initial public offerings a year, according to Korea Exchange Inc., the Cambodian government’s partner in the bourse. State-owned Phnom Penh Water Supply Authority (PPWSA) will start trading ...

http://www.bloomberg.com/news/2012-04-12/cambodia-may-lure-up-to-10-ipos-a-year-korea-bourse-says.html

Piaggio to return to Cambodia with legendary Vespa scooters

Europe’s largest manufacturer of two-wheeled vehicles, Italy’s Piaggio, will return to Cambodia in September, being absent since the Khmer Rouge takeover. Vespa Cambodia Co Ltd, part of Narith Long’s Narita group, signed an exclusive distribution agreement with Piaggio last month to distribute its Piaggio scooters, ...

Anthony Galliano, P. 9
http://www.phnompenhpost.com/index.php/2012070357156/Business/piaggio-cambodia-vespa.html

ARDB farm loans now total $31M

Farm loan applications to the state-owned Agricultural and Rural Development Bank (ARDB) reached $31 million on Friday. ARDB director-general Kao Thach said applications for government loans have been growing rapidly since the government officially launched a $50 million fund in March. ...

Thou Vireak
https://www.phnompenhpost.com/business/ardb-farm-loans-now-total-31m

Deal puts direct flight to Russia on radar

Cambodia and Russia yesterday signed an air transport services agreement that will facilitate direct flights between the countries, according to Russian state news agency TASS.At a signing ceremony in the Peace Palace, representatives from both countries signed the agreement in the presence of Prime Minister ...

Sor Chandara
http://www.phnompenhpost.com/business/deal-puts-direct-flight-russia-radar

Provincial governor’s stern warning against destruction of mangroves

Preah Sihanouk provincial governor Kuoch Chamroeun on Sunday warned that criminals destroying mangrove forests to occupy state land will face strict legal repercussions. The warning came as he attended the replanting of mangroves on 2ha that had been destroyed in Tuol Totoeng commune’s Chumpu Khmao ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/provincial-governors-stern-warning-against-destruction-mangroves

Cambodia prepares for G20

If it were a Group of 180 nations meeting, Cambodia would be invited. But the Kingdom’s chances of attending the so-called G20 summit, which brings together the world’s largest economies, are unlikely, says Mey Kalyan, a government adviser who last week became the first Cambodian to ...

http://www.phnompenhpost.com/index.php/2012051456136/Business/cambodia-prepares-for-g20.html

UK grants GSP status to Cambodia effective 2021

Cambodia’s exports see new light with the granted duty-free and quota-free access to the markets in the United Kingdom, commencing 2021. Sok Sopheak, Secretary of State at the Ministry of Commerce shared that Cambodia will discuss with the UK counterpart on the import and export ...

Lim Nary/AKP
https://www.khmertimeskh.com/50791084/uk-grants-gsp-status-to-cambodia-effective-2021/

Investment Law may be in effect as soon as April

Cambodia’s newly-drafted Investment Law will be in effect as soon as in April 2021, according to Ministry of Economy and Finance secretary of state Phan Phalla on January 27. He made the remark at the Public Forum on Macroeconomic Management and Budget Law 2021, ushering ...

Hin Pisei
https://www.phnompenhpost.com/business/investment-law-may-be-effect-soon-april

Phnom Penh-Sihanoukville expressway 51% complete

The construction of the nearly $2 billion Phnom Penh-Sihanoukville Expressway is 51.35 per cent complete and is expected to be finished in 2023, according to Ministry of Public Works and Transport secretary of state Vasim Sorya.   ...

Thou Vireak
https://www.phnompenhpost.com/business/phnom-penh-sihanoukville-expressway-51-complete

Right-hand drive vehicles no longer allowed after June 2022

A senior official at the Council of Ministers warned owners of right-hand drive vehicles that they must change their vehicles over to left-hand drive by June, 2022, or risk having them seized and destroyed. He also noted that beginning in 2021 all privately owned vehicles ...

Lay Samean
https://www.phnompenhpost.com/national/right-hand-drive-vehicles-no-longer-allowed-after-june-2022

Foreign Ministry calls for consideration of all sources for any assessment on Cambodia

Any assessment of Cambodia should take into account all sources of the assessment, underlined Secretary of State of the Ministry of Foreign Affairs and International Cooperation (MFAIC) Luy David in a recent meeting via videoconference with Professor Vitit Muntarbhorn, Special Rapporteur on the situation of ...

Khmer Times Staff
https://www.khmertimeskh.com/501050158/foreign-ministry-calls-for-consideration-of-all-sources-for-any-assessment-on-cambodia/

UN’s Kingdom LDC graduation triennial review in 2024

Following confirmation of Cambodia’s eligibility to depart from the least developed country (LDC) status for the first time ever in 2021, the UN has stated graduation could be recommended “as early as 2027”, so long as the same standards are met when the Committee for ...

Josh Downs
https://www.khmertimeskh.com/501060143/uns-kingdom-ldc-graduation-triennial-review-in-2024/

Cambodia asks US to renew GSP scheme

The Minister of Commerce (MoC) Pan Sorasak on Wednesday discussed strategies to strengthen the bilateral collaboration between Cambodia and the US as well as renew the Generalized System of Preferences (GSP) for some of Cambodia’s products with a delegation led by Jason Smith, Chairman of ...

Kang Sothear
https://www.khmertimeskh.com/501336646/cambodia-asks-us-to-renew-gsp-scheme/

New Siem Reap int’l airport nearly ready for take-off

The State Secretariat of Civil Aviation (SSCA) on July 26 reconfirmed that the new “Siem Reap Angkor International Airport” will officially begin operations on October 16, and revealed that “non-commercial and non-profitable” test flights are set to be conducted from October 5-15, “as per necessary”. ...

May Kunmakara
https://www.phnompenhpost.com/business/new-siem-reap-intl-airport-nearly-ready-take

Ministry outlines plans to tackle flooding in capital

The Ministry of Water Resources and Meteorology has announced a strategy for rapid rainwater drainage from canals, streams and rivers throughout Phnom Penh to mitigate flooding during the rainy season. Ministry secretary of state Chan Sinath spoke of the plan while chairing an emergency meeting on ...

Van Socheata
https://phnompenhpost.com/national/ministry-outlines-plans-tackle-flooding-capital

Khmer Enterprise to double startup and SME investment to $10m

At yesterday’s luncheon discussing Cambodia’s startup and SME ecosystem, Vongsey Vissoth, permanent secretary of state of Ministry of Economy and Finance (MEF), said Khmer Enterprise (KE) will increase its investment portion from $5 million to $10 million as part of the nation’s Covid-19 recovery plans ...

Bun Tharum
https://kiripost.com/stories/cambodia-khmer-enterprise-to-double-startup-sme-investment

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