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Hong Kong's KeyBridge acquires 65 pct shares of Cambodian telecom firm

The KeyBridge International (Hong Kong) Investment Company has acquired 65 percent shares of a Cambodian telecommunications company EMAXX in an amount of 15 million U.S. dollars, officials of the two companies announced Wednesday. “EMAXX has converted from a family business into a joint venture,” Ai Min, ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-04/09/c_133249446.htm

Protesters not happy with ministry’s offer

Some 200 villagers from Koh Kong province in a longstanding dispute with the Koh Kong Sugar Industry Co Ltd were prevented by the capital’s Daun Penh district authorities from protesting at the home of Prime Minister Hun Sen on Wednesday. On Monday, the Ministry of ...

Kong Meta
https://www.phnompenhpost.com/national/protesters-not-happy-ministrys-offer

Chinese investment in Cambodia to diversify into SME finance

Chinese foreign direct investment (FDI) in Cambodia is expected to diversify into finance and banking in the near term, offering microlending services to small and medium sized enterprises (SMEs), said Peter Wong, Southeast Asia and South Asia regional director at the Hong Kong Trade Development ...

Sangeetha Amarthalingam
https://www.khmertimeskh.com/50555620/chinese-investment-in-cambodia-to-diversify-into-sme-finance/

No arrests yet in National Assembly attacks

Pressure is growing on investigators probing the savage beating of two opposition lawmakers outside parliament last week, as an official yesterday claimed police needed more time to make arrests.Cambodia National Rescue Party parliamentarians Nhay Chamroeun and Kong Sakphea are recovering in a Bangkok hospital after ...

Meas Sokchea
http://www.phnompenhpost.com/national/no-arrests-yet-national-assembly-attacks

Koh Kong villagers petition ministries

Fourteen families from Koh Kong province’s Kiri Sakor district have asked the Ministry of Environment and Ministry of Land Management to intervene in their land dispute with the Union Development Group. The 14 families, from Prek Khsach and Phnhi Meas communes, delivered their petition to the ...

Pech Sotheary
http://www.khmertimeskh.com/50111863/koh-kong-villagers-petition-ministries/

Railway families deliver petition to PM seeking reduction in land takeover

The protesters represent a community of over 1,000 families living along a railway in the capital’s Russey Keo district. Plans to replace the track with a new, broader road will displace people in three communes. The new road and accompanying sidewalks would be 60 metres ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/railway-families-deliver-petition-pm-seeking-reduction-land-takeover

Tax revenue exceeds expectations following reforms

The General Department of Taxation (GDT) collected $1.93 billion in tax revenue last year, a 30 percent increase over 2016 and well above the government’s own projections, according to the department’s director, Kong Vibol.​ ...

Hor Kimsay
http://www.phnompenhpost.com/business/tax-revenue-exceeds-expectations-following-reforms

Chinese firms set to invest in car assembly, fertiliser plants

Two Chinese companies plan to invest in a car assembly plant and an organic fertiliser processing plant in Cambodia, following a visit by a delegation of 20 company representatives from Shandong province last week. The delegation was led by Shandong provincial vice-governor Wang Shujian, who met ...

Post Staff
https://www.phnompenhpost.com/business/chinese-firms-set-invest-car-assembly-fertiliser-plants

Cambodia earns 532 mln USD tax revenue in H1

Cambodia collected 532 million U.S. dollars in tax revenue during the first half of 2014, up 13 percent over the same period last year, said a news statement released by the General Department of Taxation on Wednesday. The revenue came from an increase in income taxes, ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-07/23/c_133505529.htm

Flood repair bill under estimate

The National Committee for Disaster Management (NCDM) released a report yesterday showing that only $356 million was spent on the restoration of infrastructure destroyed by last year’s floods – far below the $500 million in damage estimated beforehand. Nhim Vanda, vice chairman of the NCDM, said ...

Sen David
http://www.phnompenhpost.com/national/flood-repair-bill-under-estimate

Cambodia's January-October tax revenue up 19 pct

Cambodia collected 884 million U.S. dollars in taxes in the first ten months of 2014, a 19 percent increase over the same period last year, said a statement of the General Department of Taxation on Monday. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-11/17/c_133795928.htm

Cambodia receives 2.54 mln foreign tourists in 7 months, up 4.5 pct

Cambodia had attracted some 2. 54 million international visitors in the first seven months of 2014, up 4.5 percent compared to the same period last year, the latest tourism report showed Friday. Kong Sopheareak, chief of the Tourism Ministry’s Statistics and Planning Department, said Vietnam, China, ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=240762

Cambodian opposition party senators refuse to debate NGO draft law

Senators from Cambodia’s opposition party will not participate in a debate on controversial legislation passed by the lower house of parliament earlier this month on the regulation of nongovernmental organizations that operate in the developing country, an opposition Senate lawmaker said. ...

RFA Khmer News Staff
http://www.rfa.org/english/news/cambodia/opposition-party-senators-refuse-to-participate-in-ngo-draft-law-debate-07222015162125.html

Sokha mocks CPP over plan to steal int’l support

Deputy opposition leader Kem Sokha has ridiculed a new campaign by the CPP to revitalize the historically weak support for the ruling party among overseas Cambodians, an effort that has included appointing ambassadors as country directors for the party. ...

Mech Dara and Alex Willemyns
https://www.cambodiadaily.com/news/sokha-mocks-cpp-over-plan-to-steal-intl-support-92914/

Land granted to Ministry of National Defence for development

More than 1,000ha of land has been granted by the Koh Kong provincial administration to the Ministry of National Defence to establish a development zone project to improve the livelihoods of people   ...

Voun Dara
https://www.phnompenhpost.com/national/land-granted-ministry-national-defence-development

Director General of Taxation says tax collection over past 10 years exceeded target each year

Kong Vibol, Minister Delegate to the Prime Minister and Royal Government Delegate in charge of the General Director of the General Department of Taxation affirmed that in the past 10 years, the General Department of Taxation’s tax revenue collection has been stable, showed good growth ...

Khmer Times Staff
https://www.khmertimeskh.com/50995098/director-general-of-taxation-says-tax-collection-over-past-10-years-exceeded-target-each-year/

Koh Pich hopes gem fair shines

The five-day Cambodia Gems & Jewelry Fair (CGJF) will kick off on June 14 at the Diamond Island (Koh Pich) Exhibition Centre and will be hosted by the Cambodian Ministry of Commerce in association with Hong Kong’s World Trade Fair Ltd. the CGJF has attracted companies ...

http://www.phnompenhpost.com/index.php/2012061356761/National-news/garment-workers-back-to-table-for-more-talks.html

Koh Kong Sugar Firm Makes Offer to Return Disputed Land

The Thai owners of a pair of sugar plantations in Koh Kong province accused of forcing hundreds of farmers off their land will give the land back if it can be proved that those evicted legally own the land, rights workers and a village representative ...

http://www.cambodiadaily.com/news/koh-kong-sugar-firm-makes-offer-to-return-disputed-land-18770/

Hundreds ask for help in disputes

About 500 people representing thousands of families from four provinces who are affected by the development of sugarcane plantations requested intervention from Prime Minister Hun Sen yesterday. ...

Pech Sotheary
http://www.khmertimeskh.com/news/34976/hundreds-ask-for-help-in-disputes/

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/

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