NGOs call out holes in EIA law
The Ministry of Environment is close to finalising a draft environmental impact analysis (EIA) law for development projects, but NGOs and civil society groups raised concerns that the draft law, as it stands, prevents indigenous people who live on the land from opposing such projects. Speaking ...
Chan Muyhong and Ananth Baliga
http://www.phnompenhpost.com/ngos-call-out-holes-eia-law
No end date in sight for oil plant completion
Cambodia Petroleum Company says its $2.3 billion oil refinery is still in the early stages of construction, after being delayed twice since it announcement in 2013. The landmark oil refinery, to be built on 365 hectares across Kampot and Sihanoukville provinces, was first expected to be ...
Chan Muyhong
http://www.phnompenhpost.com/business/no-end-date-sight-oil-plant-completion
Investment law to guide recovery, FTA uptake
The new Law on Investment will be a crucial tool as the Kingdom pushes ahead with post-Covid-19 economic recovery plans, and help lay the groundwork to maximise benefits from free trade agreements (FTA), according to Cambodia Chamber of Commerce (CCC) president Kith Meng. ...
Hom Phanet
https://www.phnompenhpost.com/business/investment-law-guide-recovery-fta-uptake
SME inputs garnered before mid-Nov gov’t, private sector forum
The private sector’s Working Group C (WG-C) on “Manufacturing, Small and Medium Enterprises (SMEs) and Services” is currently collating issues from across Cambodia to draft a joint proposal that will be presented to the government for consideration during the Government-Private Sector Forum (G-PSF), scheduled for ...
Hin Pisei
https://phnompenhpost.com/business/sme-inputs-garnered-mid-nov-govt-private-sector-forum
MoU signed to push financial literacy
Associations of Banks and Microfinance Institutions signed a Memorandum of Understanding on Monday with a FinTech federation to promote financial literacy and inclusion as part of a move towards greater digital adoption. ...
Prak Chan Thul
https://kiripost.com/stories/mou-signed-to-push-financial-literacy
Jan-Aug iron, steel imports up 20% on-year
Cambodia imported $244.754 million worth of “iron and steel” in the first eight months of 2022, up 19.97 per cent from the $204.018 million recorded over the same time in 2021, according to Customs. ...
Hin Pisei
https://www.phnompenhpost.com/business/jan-aug-iron-steel-imports-20-year
Single Portal registrations top 19K
A total of 19,072 companies were successfully registered on the Online Business Registration Platform – also known as the “Single Portal” – as of November 2, the finance ministry reported, in an achievement seen as a reflection of government efforts to improve the ease of ...
May Kunmakara
https://www.phnompenhpost.com/business/single-portal-registrations-top-19k
CCC declares constitutionality of law on amendment to election law
The Constitutional Council of Cambodia (CCC) has declared the constitutionality of the Law on Amendment to the Election Law. ...
Khmer Times Staff
https://www.khmertimeskh.com/501318560/ccc-declares-constitutionality-of-law-on-amendment-to-election-law/
ECCC, EBC sign MoU on KR trial edu content
The Extraordinary Chambers in the Courts of Cambodia (ECCC) has signed a Memorandum of Understanding (MoU) with Educational Broadcasting Cambodia (EBC) to produce content for a wide range of educational and outreach activities based on the trial process during the Khmer Rouge trials. ...
Hang Punreay
https://www.khmertimeskh.com/501379279/eccc-ebc-sign-mou-on-kr-trial-edu-content/
More participatory five-year disaster risk reduction action plan endorsed
In a plenary session on July 5, the Council of Ministers reviewed and endorsed the National Action Plan for Disaster Risk Reduction (NAP-DRR) with more participatory preparedness, well mainstreamed with new technology. ...
Khmer Times Staff
https://www.khmertimeskh.com/501518380/more-participatory-five-year-disaster-risk-reduction-action-plan-endorsed/
SOSORO Museum, ABC sign MoU to promote financial education
In a move to improve financial education in Cambodia, the Preah Srey Içanavarman Museum of Economy and Money (SOSORO) and the Association of Banks in Cambodia (ABC) on Wednesday said that they have signed a Memorandum of Understanding (MoU) for collaboration. ...
Khmer Times Staff
https://www.khmertimeskh.com/501459548/sosoro-museum-abc-sign-mou-to-promote-financial-education/
Meeting on gas prices postponed again
The planned meeting of representatives from eight leading gas-station chains and government officials to discuss a formula for setting a range for retail gasoline prices was postponed yesterday until tomorrow, officials at the Commerce Ministry said. ...
Sum Manet
http://www.khmertimeskh.com/news/16570/meeting-on-gas-prices-postponed-again/
A delegation of American Chamber of Commerce in Hong Kong visits Cambodia
A delegation of the American Chamber of Commerce in Hong Kong led by its president Richard R. Vuylsteke has been on a visit to Cambodia to study the investment environment in the country, according to state news agency- AKP. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/a-delegation-of-american-chamber-of-commerce-in-hong-kong-visits-cambodia-8826
Kingdom to reach rice target
Following a considerable increase in Cambodia’s milled rice exports in the first four months of the year, Minister of Commerce Cham Prasidh said he was optimistic the Kingdom’s rice exports would reach the 2015 target of one million tonnes. With this year’s export figures notably higher ...
http://www.phnompenhpost.com/2013051065539/Business/kingdom-to-reach-rice-target.html
China's Huaneng takes majority stake in Se San River II hydro project, Cambodia
China Huaneng Group has successfully completed the acquisition of a majority 51% stake in Cambodia Se San River II Hydropower Co., Ltd. The acquisition was completed last month in Phnom Penh, the capital of Cambodia. ...
Water Power and Dam Construction News Staff
http://www.waterpowermagazine.com/news/newschinas-huaneng-takes-majority-stake-in-se-san-river-ii-hydro-project-cambodia-4183165
Defendants not informed of rights in cambodian appeal court cases: study
Judges in Cambodia’s Court of Appeal fail to inform defendants of their rights and a high number of hearings do not even have the defendants or their lawyers present, according to a study by a local rights group. In addition, the quality of evidence presented at ...
Richard Finney
http://www.rfa.org/english/news/cambodia/rights-06232014173104.html
IFC Ombudsman to help settle Phnom Penh airport land dispute
Representatives for the hundreds of families facing eviction from homes around Phnom Penh International Airport have agreed to let the compliance ombudsman of the International Finance Corporation (IFC), the private investment arm of the World Bank, mediate a solution to the land dispute with the ...
Aun Pheap and Zsombor Peter
http://www.cambodiadaily.com/news/ifc-ombudsman-to-help-settle-phnom-penh-airport-land-dispute-53146/
NBC calls on MFIs to spread risk
The National Bank of Cambodia was pushing microfinance institutions to look to domestic banks for funding in an industry heavily reliant on foreign loans, experts said yesterday. Although the NBC is seeking to foster healthier relationships between MFIs and the Kingdom’s commercial banks, a dearth of ...
http://www.phnompenhpost.com/index.php/2011090951563/Business/nbc-asks-mfis-to-diversify.html
Kingdom's garment shipments still growing
Cambodian garment and textile exports increased nearly 20 per cent in the first eight months of 2011 compared to the same period last year, according to Ministry of Commerce figures. The Kingdom exported US$2.35 billion in garments during the period, a 19.6 per cent increase over ...
Corn sales fall, profits sought in cassava
Revenues from Cambodian corn exports fell by 52 per cent last year as farmers scrapped the crop for the more lucrative, but less stable, cassava plant. The Kingdom exported 35,381 tonnes of corn, worth US$2.2 million, in 2011, down from 86,533 tonnes worth $4.57 million the ...