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Japanese firms look to expand

Japanese companies in the Kingdom are looking at expanding local operations as business confidence for 2015 is expected to rise on account of higher projected sales and operating profits, according to a survey conducted by the Japanese External Trade Organization. The survey, which looked at Japanese ...

Hor Kimsay
http://www.phnompenhpost.com/japanese-firms-look-expand

Police chief accused in $678k corruption case

Hy Narin, the Meanchey district police chief arrested by the Anti-Corruption Unit (ACU) on Tuesday, was questioned on Thursday by the Phnom Penh Municipal Court over allegations that he stole more than $600,000 from the state and its citizens during his eight years as police ...

Khuon Narim
http://www.cambodiadaily.com/news/police-chief-accused-in-678k-corruption-case-68996/

CamKo struggles to move beyond crash

From the start, the project seemed impossibly ambitious: A $2-billion South Korean satellite city—complete with condominiums, office space, luxury villas, a shopping mall, health clinics, banks and an airport—on the outskirts of Phnom Penh. Claiming the land was not properly appraised, and that the decision ...

George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/camko-struggles-to-move-beyond-banks-collapse-71320/

Hun Sen suggests expanding dual-citizen ban beyond NEC

Prime Minister Hun Sen on Tuesday suggested eventually extending a controversial new provision banning dual nationals from sitting on the National Election Committee (NEC) to also apply to the National Assembly and executive branch, but said there is no pressing reason to do so. Speaking at ...

Hul Reaksmey
https://www.cambodiadaily.com/news/hun-sen-suggests-expanding-dual-citizen-ban-beyond-nec-74338/

Former Prime Minister says US blacklisted him

Former Prime Minister Pen Sovann claimed Monday that he has been barred from entering the U.S. because of an assistant who overstayed his U.S. visa more than a decade ago, and paid a visit to the U.S. Embassy in Phnom Penh in an effort to ...

Kuch Naren
https://www.cambodiadaily.com/news/former-prime-minister-says-us%E2%80%88blacklisted-him-75941/

AirAsia launches ASEAN flight pass

Malaysian budget airline AirAsia launched on Monday “AirAsia ASEAN Pass” in a bid to grab the ASEAN market ahead of the open sky policy that will be implemented next year. AirAsia ASEAN Pass is a travel pass that allows passengers to enjoy flights at a fixed ...

Nadya Natahadibrata
http://www.thejakartapost.com/news/2015/02/24/airasia-launches-asean-flight-pass.html

Apsara mulls hike for Angkor Wat tickets

The Apsara Authority, the government entity that manages the ancient temple complex at Angkor, is studying the possibility of increasing ticket prices, stating that current prices are “low” when compared with similar destinations in other countries. Apsara is considering conducting a study as well to ...

Chan Muyhong
http://www.phnompenhpost.com/business/apsara-mulls-hike-angkor-wat-tickets

PP land prices on the rise

As Cambodia moves forward with its economy and prepares for the ASEAN integreation, land prices in Phnom Penh are rising. Phnom Penh land prices increased between 10 to 30 per cent depending on whether the area was an economically active location, a residential area or an ...

Siv Meng
http://www.phnompenhpost.com/real-estate/pp-land-prices-rise

Watching from the sidelines

As Chinese markets plunged 8.49 per cent on Monday sending jitters across global indices, industry insiders yesterday were cautious about its potential spillover effects into the Kingdom, suggesting a wait-and-watch approach to its impact on foreign investment, tourism and the construction sector.Jay Menon, lead economist ...

Ananth Baliga
http://www.phnompenhpost.com/business/watching-sidelines

Ministry urges livestock production boost for local market

The Agriculture Ministry yesterday urged farmers and the private sector to increase the production of pigs and cattle to supply the local market following a drop due to African Swine Fever and other factors, leading to increased imports last year.​ ...

Pech Sotheary
https://www.khmertimeskh.com/50686845/ministry-urges-livestock-production-boost-for-local-market

Gov’t to spend $50M to cut electricity tax for industries

The government will spend some $50 million in subsidies to reduce electricity tariffs by $0.01 per kilowatt-hour for the industrial and agricultural sectors from this month, Ministry of Mines and Energy senior official Victor Jona said on Sunday. ...

Thou Vireak
https://www.phnompenhpost.com/business/govt-spend-50m-cut-electricity-tax-industries

Banteay Meanchey bus service begins

Banteay Meanchey provincial authorities have put 15 public city buses into use for passengers travelling between Poipet town and the former Khmer Rouge district of Malai, hoping that the bus service will ease travels and help reduce road accidents. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/banteay-meanchey-bus-service-begins

Price-hike warning issued to house buyers

Property and land prices are set to rise in Lvea Aem district’s Kandal province following the  government’s announcement of their future plan to partially integrate the area into a new district within Phnom Penh. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50697728/price-hike-warning-issued-to-house-buyers

Push to stop plastic in Siem Reap

The Ministries of Environment, Education, Youth and Sport, and the Cambodia Rural Students Trust (CRST) have collaborated to implement an environmental care project called Project “R” in Siem Reap province. ...

Voun Dara
https://www.phnompenhpost.com/national/push-stop-plastic-siem-reap

Border Gate improvements planned to boost trade

The Royal Government of Cambodia has unveiled plans to improve facilities at border gates with Thailand and Vietnam in order to ease cross-border transport and boost trade activities.   ...

Khmer Times Staff
https://www.khmertimeskh.com/50698427/border-gate-improvements-planned-to-boost-trade

$80 million requested from RDB for upcoming harvests

The Cambodia Rice Federation (CRF) has requested the state-run Rural Development Bank of Cambodia (RDB), reserve an additional $30 million to purchase paddy from the Kingdom’s rice farmers during the upcoming harvest seasons. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50701110/80-million-requested-from-rdb-for-upcoming-harvests

UK commits $4.3 million to demining

The UK Department for International Development (DFID) has committed a further $4.3 million to aid demining activities in Cambodia as part of an extension on the Second Global Mine Action Programme (GMAP2). ...

Ry Sochan
https://www.phnompenhpost.com/national/uk-commits-43-million-demining

Waste-to-energy project in Phnom Penh proposed

The Ministry of Mines and Energy has unveiled a project which will convert waste materials to energy in Phnom Penh. A study on the waste materials for conversion will also be conducted simultaneously. ...

Khmer Times Staff
https://www.khmertimeskh.com/50700938/waste-to-energy-project-in-phnom-penh-proposed

Vietnam shutters borders with Cambodia as pandemic spreads

The Vietnamese government on Sunday locked down its borders with the Kingdom and imposed a month-long entry ban for any foreign traveler – except accredited diplomats – as the country adopts  measures to contain the spread of the coronavirus. ...

Sun Mesa
http://khmertimeskh.com/50703292/vietnam-shutters-borders-with-cambodia-as-pandemic-spreads/

Trade to continue as normal

Although controls have been tightened due to the new coronavirus, trade between Cambodia and Vietnam continues, with the countries aiming to achieve $5 billion in trade by the end of the year, a Vietnamese official has confirmed. ...

May Kunmakara
https://www.phnompenhpost.com/national/trade-continue-normal

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