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Cambodia looks to be winner for growth for AEC: ILO

Cambodia stands to be the biggest beneficiary, in terms of GDP growth, for the first decade following ASEAN Economic Integration in 2015, according to a study released publicly today by the International Labour Organisation (ILO). The ILO’s 160-page report says Cambodia could see a 19.9 per ...

Eddie Morton and Daniel de Carteret
http://www.phnompenhpost.com/business/cambodia-looks-be-winner-growth-aec-ilo

NEC official says opposition assembly swap would be legal

National Election Committee (NEC) Secretary-General Tep Nytha said Wednesday that imprisoned CNRP official Meach Sovannara could be named as one of the opposition’s 55 lawmakers even though he stands charged with insurrection. Opposition leader Sam Rainsy said Friday that the CNRP would ask Yont Tharo, ...

Kuch Naren
http://www.cambodiadaily.com/news/nec-official-says-opposition-assembly-swap-would-be-legal-73189/

Kem Sokha’s assistant cries foul over ‘Khmer for Khmer’ tip

One of CNRP Vice President Kem Sokha’s personal assistants on Thursday said the deputy opposition leader “cannot lead anyone” after Mr. Sokha ridiculed a phone call that she claims to have made warning him about a threat from the fledgling “Khmer for Khmer” reform group. Answering ...

Hul Reaksmey and Alex Willemyns
http://www.cambodiadaily.com/news/kem-sokhas-assistant-cries-foul-over-khmer-for-khmer-tip-73258/

NagaWorld posts $136M profit

On the back of a quest for high-rolling Chinese clients, NagaWorld’s gross gaming revenue soared 17 per cent in 2014, although profits were slightly down due to rising costs and lower profit margins from VIP customers. Gross gaming revenue clocked in at $381.4 million for 2014, ...

Charles Rollet
http://www.phnompenhpost.com/business/nagaworld-posts-136m-profit

Myanmar garment workers threaten further strikes if demands are not met

Garment workers in Myanmar protesting over pay and factory conditions threatened to continue strikes Tuesday unless their demands are met and authorities release two of their representatives detained earlier this month. As many as 200,000 people work in garment factories in Myanmar, according to the ...

Thiha Tun
http://www.rfa.org/english/news/myanmar/strikes-02242015130920.html

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/

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

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/

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