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Prosecutor seeks tougher charge for german child abuse suspect

The sexual abuse case involving a 57-year-old German national and at least five underage boys continued in Phnom Penh Municipal Court yesterday. Udo Sabiniewicz, owner of FX Animation Studio in Phnom Penh’s Chbar Ampov district, could be sentenced to one to three years in prison ...

Buth Reaksmey Kongkea
http://www.khmertimeskh.com/news/21608/prosecutor-seeks-tougher-charge-for-german-child-abuse-suspect/

French financing: Cambodian MFI fetches $5m loan

Hattha Kaksekar Limited, one of Cambodia’s largest microfinance institutions, has received a US$5 million loan from a French development organisation in order to meet rising demand among its client farmers. PROPARCO, which is a joint venture between the French Development Agency and public and private shareholders, ...

http://www.phnompenhpost.com/index.php/2011112452944/Business/french-financing-cambodian-mfi-fetches-5m-loan.html

Suspect Questioned Over Kandal Grenade Attack

A suspect was questioned on Thursday over a grenade attack on the home of a military police officer in Kandal province’s Mok Kampoul district, which appears to have been motivated by a dispute over 3 meters of land, police said. No one was injured when the ...

Crackdown halts illegal timber trade with Vietnam: gov’t

The illegal timber trade to Vietnam, a key nexus in a shadow industry worth billions of dollars, has been all but eliminated, an official said yesterday in summarising a new report from the government’s anti-logging commission, a claim met with disbelief by more than one ...

Mech Dara and Igor Kossov
http://www.phnompenhpost.com/national/crackdown-halts-illegal-timber-trade-vietnam-govt

Surging TV advertising set to continue

With the economy expanding at an annualized rate of about 7 percent over the past two decades, Cambodia has managed to attract more than $42 billion in foreign direct investment (FDI) between 2005 and the end of the first half of last year, even though ...

May Kunmakara
http://www.khmertimeskh.com/news/19668/surging-tv-advertising-set-to-continue/

Brit held on fraud charges dumped by lawyer

A British man detained for more than two years in Prey Sar prison on charges of massive fraud has been accused of obstructing his own trial after one of his lawyers dropped the case. in an email yesterday, defendant Greg Fryett pushed back against these ...

Jonathan Cox
http://www.khmertimeskh.com/news/17294/brit-held-on-fraud-charges-dumped-by-lawyer/

Ministry of social affairs launches investigation into church

A U.S.-based Pentecostal ministry with an extensive network of “orphan homes” in Cambodia will be investigated by the Ministry of Social Affairs after allegations of sexual abuse surfaced at one of its centers in Kratie province, though the organization will be allowed three months to ...

Taylor O'Connell and Buth Kimsay
https://www.cambodiadaily.com/news/ministry-of-social-affairs-launches-investigation-into-church-102461/

Hun Sen, tax chief accuse US of lying about cuts to aid

Prime Minister Hun Sen and tax chief Kong Vibol accused the US of lying about cutting assistance to Cambodia, claiming that one of the programs on the chopping block hasn’t existed since 2016. in a speech to garment workers in the Sihanoukville SEZ on Saturday, ...

Mech Dara and Daphne Chen
http://www.phnompenhpost.com/national/hun-sen-tax-chief-accuse-us-lying-about-cuts-aid

Angkor Wat voted world’s top tourist site

Cambodia’s Angkor Wat was yesterday named the world’s number one landmark in TripAdvisor’s 2017 Traveller’s Choice awards. The World Heritage site beat competition from the likes of india’s Taj Mahal, Peru’s Machu Picchu, and St Peter’s Basilica in the Vatican City to take the top spot. ...

Mom Kunthear
http://www.khmertimeskh.com/news/38710/angkor-wat-voted-world---s-top-tourist-site/

Lucky supermarket opens three more branches

Amid growing urbanisation, Lucky Supermarket opened three more branches in Phnom Penh’s suburbs over the weekend, targeting a new consumer base living around the city. With the additional branches, Lucky now counts 10 outlets in Phnom Penh, including one mini-mart at Koh Pich. ...

Hor Kimsay
http://www.phnompenhpost.com/business/lucky-supermarket-opens-three-more-branches

KPMG buys Premier Consulting

KPMG Cambodia has bought out one of its local competitors in an effort to position itself as a leader in accounting, taxation and advisory services before ASEAN integration later this year. A statement issued Friday by KPMG states that the firm acquired Premier Consulting (Cambodia) Limited, ...

May Kunmakara
http://www.phnompenhpost.com/business/kpmg-buys-premier-consulting

Cambodia’s Hun Sen slams ASEAN-splitting TPP

On April 19, the 24th World Economic Forum on East Asia kicked off in the indonesian capital of Jakarta. one of the main events was a conversation on “East Asia in the New Global Context,” which featured two heads of state – Cambodian prime minister ...

Prashanth Parameswaran
http://bit.ly/1J4FSoA

‘Land for vote’ deal backfires

Before casting their ballots, residents in three communes in Kulen district carefully mulled their options. On one hand, many have found themselves locked in a land dispute with the government – forced to farm their land in secret from the forestry administration. On the other, ...

May Titthara
http://www.phnompenhpost.com/national/%E2%80%98land-vote%E2%80%99-deal-backfires

Cambodia to host Asia-pacific region on tourism development in cultural and natural heritage in November

In cooperation with UN world tourism organization, Cambodia will host the tourism conference of Asia- Pacific region on tourism development In cultural and natural heritage In November In Siem Reap provInce. “There will be 40 countries from Asia- pacific region and 200 delegates will participant In ...

The Southeast Asia Weekly News Staff
http://www.thesoutheastasiaweekly.com/?p=7750

In sickness and in debt: Medical expenses linked to informal borrowing

Last month a study conducted by the University of New South Wales (UNSW) in Australia painted a bleak picture for Cambodia’s ailing healthcare system. While acknowledging progress made in the field of delivering quality healthcare and the government’s apparent commitment to its universal access, the ...

Gerald Flynn
https://www.khmertimeskh.com/50672464/in-sickness-and-in-debt-medical-expenses-linked-to-informal-borrowing

Increase in wildlife presence in Cambodia confirmed

Cambodia has observed noticeable increase of wildlife presence including rare and endangered species at Virachey National Park in the last five years, according to the Ministry of Environment. ...

Lim Nary
https://www.khmertimeskh.com/724931/increase-in-wildlife-presence-in-cambodia-confirmed/

‘The devil is in the details’ – Tax versus incentives in new investment law

The new Law on Investment is expected to come Into force next year, 10 years after the government embarked on a plan to repeal the existIng statute, which was enacted In 1994, and amended In 2003.   ...

Sangeetha Amarthalingam
https://www.phnompenhpost.com/special-reports/devil-details-tax-versus-incentives-new-investment-law

U.S.-ABC interested to invest in various sectors in Cambodia

U.S.-ASEAN Business Council (U.S.-ABC) is interested to invest in Cambodia in the fields of energy, industry, health, technology, finance and import-export. ...

Khmer Times Staff
https://www.khmertimeskh.com/50955248/u-s-abc-interested-to-invest-in-various-sectors-in-cambodia/

Cambodia attracts $4.35 billion in investments in 2021

Cambodia attracted fixed-asset investment of $4.35 billion in 2021, according to a report from the Council for the Development of Cambodia on Thursday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501035693/cambodia-attracts-4-35-billion-in-investments-in-2021/

Investments in Kingdom rise by 7 percent in Q1

In the first quarter of 2022, the number of projects approved by the Council for the Development of Cambodia reached 47, an Increase of 6.8 percent and the total Investment touched $2,520.6 million, an Increase of 14.2 percent over the same period In 2021, accordIng ...

Sok Sithika
https://www.khmertimeskh.com/501102954/investments-in-kingdom-rise-by-7-percent-in-q1/

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