Lack of construction regulations a concern
Cambodia is experiencing a runaway property boom that must be constrained by laws and regulations in order to draw investment from European developers, which are largely absent in the country, experts said at an industry conference in Phnom Penh on Wednesday. Simon Griffiths, senior manager at ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/business/lack-of-construction-regulations-a-concern-68862/
Misconceptions an obstacle to contraception use: study
The greatest obstacle to increased contraception use in Cambodia isn’t the price of birth control or the social stigma around using it, a new study has found, it is fear of side effects. What’s more, this fear may arise from the many disparate medical systems operating ...
Cristina Maza
http://www.phnompenhpost.com/national/misconceptions-obstacle-contraception-use-study
Gaps persist in laws protecting kids: UN
A draft United Nations Office on Drugs and Crime (UNODC) report released at a workshop on Monday praises efforts to crack down on sexual abuse Of children but calls for measures to curb child pornography. ...
Martin de Bourmont and Kong Meta
http://www.phnompenhpost.com/national/gaps-persist-laws-protecting-kids-un
Toyota to import used cars
Toyota Cambodia unveiled plans yesterday to add second-hand vehicles to its showroom in response to consumer preference for less expensive cars and a competitive grey market full of unauthorised dealers. Kong Nuon, chairman of Toyota Cambodia, the country’s largest car dealer, said that while demand for ...
http://www.phnompenhpost.com/business/toyota-import-used-cars
Mitr Phol families petition for land
Villagers who have lost their land first to a Thai sugar company supplying Coca-Cola and then to a military unit in Oddar Meanchey province’s Samroang district yesterday petitioned the Agriculture Ministry to ask for it back. ...
May Titthara
http://www.phnompenhpost.com/national/mitr-phol-families-petition-land
Thailand plans to buy Cambodian water
Thailand’s listed Eastern Water Resources Development and Management Plc’s subsidiary Universal Utilities Plc. a tap water provider, plans to spend some 200 million baht ($6 million) a year to buy water from the still to be built Stung Nam hydroelectric dam in Koh Kong province ...
May Kunmakara
http://www.khmertimeskh.com/news/37220/thailand-plans-to-buy-cambodian-water/
More Chinese FDI on the horizon
China has pledged to increase its investment in Cambodia in return for the Kingdom’s commitment to its regional policies and economic initiatives in Southeast Asia. Wang Lei, secretary-general of the Chinese-ASEAN Expo (CAEXPO) Secretariat, said on Wednesday that Cambodia had thrown its full support behind China’s ...
Kali Kotoski
http://www.phnompenhpost.com/business/more-chinese-fdi-horizon
Wage talks remain in deadlock
The third day of negotiations between members of a working group trying to reach a consensus on the minimum monthly garment wage remained stagnant yesterday, as manufacturers refused to budge from their $110 offer. ...
Mom Kunthear and Sean Teehan
http://phnompenhpost.com/national/wage-talks-remain-deadlock
Tong Yang to Underwrite Bonna Realty IPO
More than two months after the firm announced it would list on the Cambodian Securities Exchange, Bonna Realty has selected Tong Yang Securities to underwrite its initial public offering (IPO), an official said yesterday. Sung Bonna, the CEO of the Phnom Penh-based realty firm, said that ...
Working group on investment, economy set up with China
Cambodia and China have decided to set up an investment and economic cooperation working group to promote the Belt and Road Initiative (BRI), as well as strengthen investment and prop up bilateral economic and trade ties. ...
Hom Phanet
https://www.phnompenhpost.com/business/working-group-investment-economy-set-china
Expert warns of ‘debt-trap’ ahead of Cambodian PM visit to China Belt and Road Forum
Overdependence, coupled with loans and the cost of maintaining infrastructure, could leave Cambodia in a “debt trap” to China, an expert said Tuesday, as Cambodia’s Prime Minister Hun Sen prepares to attend a summit in Beijing on Chinese President Xi Jinping’s sweeping Belt and Road ...
Joshua Lipes
https://www.rfa.org/english/news/cambodia/trap-04232019163513.html
Cambodia, Japan agree to ensure full implementation of RCEP free trade deal
Cambodia and Japan on Sunday agreed to ensure the full implementation of the Regional Comprehensive Economic Partnership (RCEP) free trade agreement for the benefit of all, according to a Cambodia-Japan joint statement. ...
Khmer Times Staff
https://www.khmertimeskh.com/501044760/cambodia-japan-agree-to-ensure-full-implementation-of-rcep-free-trade-deal/
World Bank Report Predicts 6.6 Percent Growth
Cambodia’s economy will grow by an average of 7 percent in each of the next five years, the World Bank said yesterday in a report on the country’s economic outlook. In its periodic update on economies in the region, the World Bank predicted gross domestic product ...
Belt and Road Economic Information Partnership records growth with 56 members
A significant meeting was conducted in the bustling eastern Chinese city of Shanghai last Wednesday to deliberate on economic information sharing, focusing on enriching the ongoing efforts of the Belt and Road Initiative (BRI). ...
Khmer Times Staff
https://www.khmertimeskh.com/501369310/belt-and-road-economic-information-partnership-records-growth-with-56-members/
ASEAN leaders adopt a number of key documents
The ASEAN Heads of State/Government adopted a number of important documents to boost their economic growth, ensure food security and boost digital economy, at the end of the Plenary Session of the 43rd ASEAN Summit in Jakarta, Indonesia yesterday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501355584/asean-leaders-adopt-a-number-of-key-documents/
Australia Drops Cambodian Bribery Allegations
The Australian Federal Police (AFP) have closed an investigation into suspicious payments to officials in Cambodia by the world’s largest mining company BHP Billiton, according to a report released by the Organization for Economic Cooperation and Development (OECD). Although the report, released last month, does not ...
http://www.cambodiadaily.com/business/australia-drops-cambodian-bribery-allegations-5337/
Preah Sihanouk special economic zone policy draft approved
The Council of Ministers on January 13 examined, discussed and agreed to the draft policy on land management and use to convert Preah Sihanouk province into a “Model Multi-Purpose Special Economic Zone” with planning to that end from 2022-2038. ...
Post Staff
https://www.phnompenhpost.com/business/preah-sihanouk-special-economic-zone-policy-draft-approved
Japanese firms seek business options in Cambodia
Representatives of a dozen large Japanese companies arrived in Phnom Penh on Tuesday looking for business opportunities in the kingdom. Hidetoshi Nishimura, executive director of the Economic Research Institute for ASEAN and East Asia, led the delegation, whose members represent firms in industries such as technology, ...
Officials Mute on Shooting Investigation; Rights Groups Concerned
Government officials remained tight-lipped yesterday about progress in their investigation of the Feb. 20 shooting of three female garment workers during a strike and demonstration in Svay Rieng province’s Bavet city. On Feb 20, three women were wounded when a uniformed gunman opened fire at ...
Cambodia’s new tourism frontier
A year ago, getting to Sihanoukville required perseverance and a certain degree of bravery. There had been no flights to Cambodia’s premier beach resort for years — at least no scheduled services — and cruise ships docking here were few and far between Following years spent ...
http://www.bangkokpost.com/business/tourism/308486/cambodia-s-new-tourism-frontier