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Tourism sector worth $3.6 billion in 2017

Cambodia’s tourism sector earned $3.63 billion in revenue last year, an increase of 13.3 percent, according to the latest figures from the Ministry of Tourism. Last year, international travellers visiting the kingdom spent 5.6 million, 11.8 percent more than in 2016, according to Kong Sophearak, ...

Chea Vannak
http://www.khmertimeskh.com/50108419/tourism-sector-worth-3-6-billion-2017/

Koh Kong probing filling in of mangrove forest

The illegal filling of a mangrove forest in Peam Krasaop Wildlife Sanctuary is being investigated, Koh Kong provincial authorities said yesterday, though officials say they still don’t know who is behind the crime. Sok Sothy, deputy provincial governor, said the sand dredging and filling in of ...

Phak Seangly
http://www.phnompenhpost.com/national/koh-kong-probing-filling-mangrove-forest

Government acts to end monopolies in abattoir business

In a bid to increase fair competition in the abattoir business, the Ministry of Agriculture issued a new directive last week that eradicates exclusive rights to operate abattoirs in Cambodia. ...

Sok Chan
http://www.khmertimeskh.com/50109451/government-acts-end-monopolies-abattoir-business/

Press freedom ‘collapsed’ in 2017, journalist survey says

The “façade of media freedom” in the Kingdom “collapsed” last year, with journalists reporting a sharp drop in their hopes for independent press, according to the results of a new survey launched yesterday. The Cambodian Center for Independent Media (CCIM) study surveyed 75 journalists from ...

Rinith Taing
http://www.phnompenhpost.com/national/press-freedom-collapsed-2017-journalist-survey-says

PM to attend summit in face of protests

Prime Minister Hun Sen will attend the Asean-Australia Special Summit this week in the face of planned protests against his attendance, including by the wife of slain political analyst Kem Ley who was recently granted refugee status. The Ministry of Foreign Affairs issued a statement ...

Khy Sovuthy
http://www.khmertimeskh.com/50113689/pm-to-attend-summit-in-face-of-protests/

CMAC to get pensions in framework of RCAF

The Cambodian Mine Action Center has been incorporated into the “framework” of the Cambodian military, ostensibly to allow CMAC employees to receive government pensions. “Officials and staff of [CMAC] would like to deeply thank [Hun Sen] for offering officials and staff of CMAC official framework ...

Andrew Nachemson
http://www.phnompenhpost.com/national/cmac-get-pensions-framework-rcaf

Banteng poacher arrested, pangolins rescued in separate busts

In two operations last week, Wildlife Alliance officials rescued three pangolins in Kampong Speu province and on Thursday arrested a banteng poacher alongside Military Police in the Cardamom Mountains. Following a two-week investigation into suspected wildlife traders, a team from the environmental NGO raided two ...

Alessandro Marazzi Sassoon and Phak Seangly
https://www.phnompenhpost.com/national/banteng-poacher-arrested-pangolins-rescued-separate-busts

Special tax exemption on goods grown in Cambodia

The Government has agreed to grant tax exemption for farm goods grown in Cambodia by Vietnamese enterprises and individuals and imported for processing Statistics show that in southern Tay Ninh Province alone 120 individuals from the districts of Chau Thanh, Tan Bien, Trang Bang and Tan ...

http://vietnamnews.vnagency.com.vn/Economy/229443/special-tax-exemption-on-goods-grown-in-cambodia.html

Fire Destroys 32 Homes In Russei Keo District

Two people received burns when a large fire gutted 32 houses in Russei Keo district’s Kilometer Nine commune on Friday, police said. The fire broke out at 11 a.m. in a village of wooden houses at the rear of the Cambodian Television Network station, said municipal ...

KFC In Cambodia Takes Hit as Losses Continue

Fast food chain KFC lost more than half-a-million dollars in the first half of 2012, according to a statement to the Malaysian stock exchange last week by the majority owner of KFC Cambodia, QSR Brands. The statement said that the company suffered losses of $578,000 in ...

Spike in Mekong River Fishing Could Harm Dolphins

There has been an ioncrease in fishing activity in the dolphin conservation zones along the Mekong River in Kratie and Stung Treng provinces, putting pressure on the critically endangered Mekong dolphin population, the chairman of the Commission for Mekong River Dolphin Conservation and Eco-tourism Development said yesterday. Touch ...

More Than 30 Garment Workers Faint in Factory

More than 30 garment workers fainted at H&L Apparel in Pur Senchey district’s Kakab commune, management at the factory said. “There were 32 workers who fainted, one of the was male, and we too them to Preak Kossomak Hospital yesterday afternoon,” factory administrator Phen Bora said. Mr. Bora ...

Southeast Asia smartphone growth: 78% in 12 months

Southeast Asia is a growth market for the mobile industry, with Indonesia and the Philippines being key markets for growth, particularly in smartphones, reports GfK Asia. The Southeast Asian mobile phone market is on the rise, having grown by 24% in volume in the past 12 ...

http://e27.sg/2012/09/17/southeast-asia-smartphone-growth-78-percent-12-months/

R'Kiri duo charged in death of reporter

A Ratanakkiri provincial court has charged a married couple with premeditated murder in the grisly killing of Vorakchun Khmer newspaper reporter Hang Serei Oudom, whose body was found axed to death in the back of a car last week. The suspects, An Bunheng and his wife, ...

http://www.phnompenhpost.com/index.php/2012091758733/National-news/ratanakkiri-duo-charged-in-death-of-reporter.html

Rubber up $100 a tonne in a week

The price of rubber jumped to $2,500 per tonne last week after months of the commodity steadily dropping, industry analysts reported. The jump of $100 a tonne, or 4.2 per cent, comes after the price for rubber dropped in June from above $3,000 per tonne, according ...

http://www.phnompenhpost.com/index.php/2012092558889/Business/rubber-up-100-a-tonne-in-a-week.html

Citibank (NYSE:C) sees business opportunities in Cambodia

Citibank, one of the largest banks in the United States and the World, is seeking for investment opportunities in Cambodia, a bank senior official said Tuesday. During a meeting with Cambodian Deputy Prime Minister and Finance Minister Cambodian Keat Chhon on Tuesday afternoon, Darren Buckley, country ...

http://www.livetradingnews.com/citibank-nysec-sees-business-opportunities-in-cambodia-87222.htm

Banking Sector Sees Growth in First 9 Months

Profits at Cambodia’s largest banks continued to grow through the first nine months of the year as loan disbursals across the sector increased by about 30 percent compared to the same period in 2011, bankers said yesterday. Acleda Bank, the largest bank in the country, this week posted ...

Japanese Investment in Cambodia Grows, but Hurdles Remain

Japanese Investment in Cambodia is steadily increasing as a result of sharply rising wages in China and other Southeast Asian nations. But experts warned this week that for sustained investment growth and to avoid driving Japanese companies to other attractive investment destinations such as Burma ...

http://www.cbre.com.kh/2012/11/japanese-investment-cambodia-grows-hurdles-remain/

Innovation essential for Cambodia’s place in AEC

An official at the Ministry of Industry, Mines and Energy expressed concern that if the quality of Cambodian produced goods does not improve, Cambodia is likely to become largely a retailer of foreign goods when the ASEAN Economic Community (AEC) is realised in 2015. Meng Saktheara, ...

http://www.phnompenhpost.com/index.php/2012112259885/Business/innovation-essential-for-cambodias-place-in-aec.html

Cambodia inaugurates China-funded road in eastern part

Cambodia on Thursday inaugurated a 133-km China-funded national road No. 8 in Prey Veng province, hoping that the road will contribute to promoting social and economic development in the country’s eastern part. The road, which connects from Prek Tamak Mekong River Bridge to Vietnam border, cost ...

http://Editor: Tang Danlu

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