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Sihanoukville aims to reform tourism landscape

Preah Sihanouk province plans to attract a new type of Chinese investor which could restore the image of Sihanoukville as a tourist city and shift investment away from casinos. In a meeting with Chinese embassy officials in August, provincial governor Kuoch Chamroeun said the current ...

Hin Pisei
https://www.phnompenhpost.com/business/sihanoukville-aims-reform-tourism-landscape

Property sector strong despite election: CBRE

Growth in the local property sector remained robust in the second quarter of 2018, with the condominium, office and industrial sectors all contributing significantly to its expansion, according to CBRE’s latest report.​​ However, uncertainty regarding the upcoming general election has chipped away at investors’ confidence ...

Sum Manet
https://www.khmertimeskh.com/50514823/property-sector-strong-despite-election-cbre/

Vehicle registration laws issued

The government on Monday issued a sub-decree on the registration for vehicle identification cards and number plates at the request of the Ministry of Public Works and Transport. Article 22 of Chapter Three in the sub-decree signed by Prime Minister Hun Sen gives the right ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/vehicle-registration-laws-issued

Council of Ministers abrogates Kampong Speu land swap deal

The government, through the Council of Ministers, has decided to abrogate a land swap deal between the Kampong Speu Provincial Department of Agriculture, Forestry and Fisheries and Touch Sarin Development Co Ltd. In the initial agreement, ownership titles for 10ha were to be given to ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/council-ministers-abrogates-kampong-speu-land-swap-deal

Ministry puts brakes on Pailin dump plans

The Ministry of Environment has called on local authorities in Pailin province to find a new location for a 34-hectare dumpsite currently planned for a protected forest.Environment Minister Say Sam Al, who led a team to inspect the site on October 3, wrote to Pailin ...

Phak Seangly
http://www.phnompenhpost.com/national/ministry-puts-brakes-pailin-dump-plans

Plan hatched to save Ibis

A new 10-year action plan proposed by a host of NGOs aims to reverse the fortunes of Cambodia’s national bird, the giant ibis, which faces increasing pressure from human encroachment in its dwindling habitat.With fewer than 200 mature individuals now believed to survive in the ...

Charles Parkinson
http://www.phnompenhpost.com/national/plan-hatched-save-ibis

Cambodia PM starts to 'like' Facebook as opponents woo voters online

Cambodia’s Prime Minister Hun Sen is taking a belated leap into the digital age in a bid to court young, urban voters as he tries to fend off unprecedented competition from the opposition after three decades in power. Hun Sen’s Facebook, which how has 1.2 ...

Prak Chan Thul
http://www.reuters.com/article/2015/10/20/us-cambodia-socialmedia-idUSKCN0SE2RW20151020

Change of the guard

With the ASEAN Economic Community (AEC) expected to intensify business competition across the region, Thailand’s biggest industrial conglomerate expects to rise to the challenge under a new leader.Kan Trakulhoon is retiring as president and chief executive of Siam Cement Group (SCG) after a decade at ...

Nareerat Wiriyapong
http://www.bangkokpost.com/business/news/808916/change-of-the-guard

ACU chief Yentieng ‘sorry’ for jab at cops

The head of Cambodia’s Anti-Corruption Unit (ACU), Om Yentieng, has apologised for suggesting that the Kingdom’s traffic police might be corrupt.Yentieng’s about-face came yesterday at a public meeting about the new Traffic Law – which goes into effect today – attended by Deputy Prime Minister ...

Mech Dara and Shaun Turton
http://www.phnompenhpost.com/national/acu-chief-yentieng-sorry-jab-cops

An IPO with a value approach

Phnom Penh SEZ Plc, which operates a 357-hectare industrial park on the outskirts of the capital, held a bookbuild last month to determine the share price for its upcoming initial public offering on the Cambodian stock market. The private company aims to raise between $8.1 ...

Cam McGrath
http://www.phnompenhpost.com/business/ipo-value-approach

Microfinance success stories from the countryside

When Chheung Rattana was married a few years ago, the only thing she and her new husband inherited from their families was a small plot of land to grow rice on. It was a tough start for the newlyweds, who decided that the only way ...

May Kunmakara
http://www.khmertimeskh.com/news/22923/microfinance-success-stories-from-the-countryside/

Japan grant for electricity access

The Japanese government announced yesterday that it would provide almost $9 million to improve electricity access in the Kingdom that would enable Cambodians to enjoy better quality electricity services. Speaking at the signing ceremony at the Ministry of Foreign Affairs in Phnom Penh, Foreign Minister Prak ...

Chea Vannak
http://www.khmertimeskh.com/news/29192/japan-grant-for-electricity-access/

Cheaper internet next year

A new submarine telecoms cable due for completion in early 2017 will strengthen existing internet networks, increase capacity and lower costs, according to the company installing the cable. Yves Shaeffer, CEO of EZECOM, which owns Telcotech that is installing the Malaysia-Cambodia and Thailand (MCT) submarine cable, ...

Sok Chan
http://www.khmertimeskh.com/news/31246/cheaper-internet-next-year/

PM supports water taxi system

Prime Minister Hun Sen has announced his support of a planned waterway taxi service and encouraged those in charge of the project to ensure its launch before the Khmer New Year. Speaking at a river festival in Kandal province’s Takhmao city on Saturday, Mr Hun Sen ...

Pech Sotheary
http://www.khmertimeskh.com/50113505/pm-supports-water-taxi-system/

Software to help stop spread of TB

The Indian Embassy to Cambodia has given a $50,000 grant for a project to help stop the spread of tuberculosis in the kingdom. During a press conference at the National Centre for Tuberculosis and Leprosy Control (CENAT) on Friday, Operation ASHA programme director Dr Narith ...

Ven Rathavong
http://www.khmertimeskh.com/news/38802/software-to-help-stop-spread-of-tb/

Bag firm plans to grow local operations

Wah Sun Handbags International Holding unveiled plans yesterday to expand its Cambodia operations, citing the country’s low labour costs as the primary reason for the move. In a filing on the Hong Kong Stock Exchange, the handbag manufacturer announced plans to raise up to $18 ...

Hor Kimsay
http://www.phnompenhpost.com/business/bag-firm-plans-grow-local-operations

Battambang cement factory set to start production

A new cement factory in Battambang province will come online on Friday with an annual production capacity of 1.7 million tonnes of cement, according to Mines and Energy Minister Suy Sem. “We will have finished four cement factories that can produce nearly 7 million tones ...

Hor Kimsay
http://www.phnompenhpost.com/business/battambang-cement-factory-set-start-production

Sesan holdouts demand compensation from flood

Sesan dam holdouts from Kbal Romeas and Srekor villages have gone on the offensive, demanding compensation for destroyed rice fields and new homes on their ancestral land. Both villages were flooded following the inauguration of the China-backed Lower Sesan II Dam in September. While some accepted ...

Phak Seangly
http://www.phnompenhpost.com/national/sesan-holdouts-demand-compensation-flood

Election day coming, many voters unsure when

With just two months to go until Cambodia’s commune elections, more than half of respondents to a new survey could not identify Election Day. The finding was detailed in a report released on Wednesday by the Committee for Free and Fair Elections in Cambodia (Comfrel) ...

Ben Sokhean and Hannah Hawkins
https://www.cambodiadaily.com/news/election-day-coming-many-voters-unsure-when-127619/

First marine national park established in Koh Rong

The government announced last week the establishment of the country’s first marine national park, the Koh Rong National Park, which covers the Koh Rong archipelago off the coast of Sihanoukville. The new national park, set up by a sub-decree signed by Prime Minister Hun Sen, aims ...

Chea Vannak
http://www.khmertimeskh.com/50108066/first-marine-national-park-established-koh-rong/

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