NagaCorp reassures investors over Cambodia licence
Cambodian casino operator NagaCorp Ltd has taken the step of reassuring investors about its casino licence rights in the country. It stated that the deal includes an exclusive right to operate a casino (NagaWorld, pictured) in the capital Phnom Penh, and the area within a ...
GGRAsia News Staff
http://www.ggrasia.com/nagacorp-reassures-investors-over-cambodia-licence/
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
Notification to all restaurant owners in Phnom Penh
On 18 May 2020, the Phnom Penh Municipal Administration issued a notification to all restaurant owners in Phnom Penh about the precautions to prevent the spread of the COVID-19 pandemic. The notification stated that, if the restaurants do not comply with the Phnom Penh Municipal ...
Phnom Penh Municipal Administration
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 ...
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
Announcement on the organization of public forum and provincial, municipal, district and commune councils forum
On 15 June 2020, the Minister of Interior Sar Kheng stated that municipal and provincial administrations can now organize public forums as normal but have to limit the number of participants to less than 50 as an effort to keep responding to the needs of ...
Ministry of Interior
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/