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Investment in extractive industry worth 1.3 billion

Foreign direct investment (FDI) in the extractive industry, including some projects expected to be approved before the end of the year, now equals $1.3 billion, making it one of the most valuable economic sectors in the kingdom, according to data from the Ministry of Mines ...

Chea Vannak
http://www.khmertimeskh.com/50112148/investment-in-extractive-industry-worth-1-3-billion/

Angkor Gold to assist in promoting gender equality

Angkor Gold Corp, a Canadian mineral exploration company with operations in Cambodia, announced its participation in a three-year project with the Global Compact Network Canada (GCNC) to assist Canadian organisations address the United Nation’s sustainable development goals. ...

Sum Manet
http://www.khmertimeskh.com/50113476/angkor-gold-to-assist-in-promoting-gender-equality/

Over 200 kilograms of wildlife seized in Mondulkiri

Authorities seized more than 200 kilograms of trafficked wildlife in two cases in Mondulkiri on Wednesday. Provincial Environment Department Director Keo Sopheak said four men on two motorbikes were arrested hauling 100 kilos of illegal wildlife meat out of Phnom Prich Wildlife Sanctuary. ...

Phak Seangly
https://www.phnompenhpost.com/national/over-200-kilograms-wildlife-seized-mondulkiri

Cambodian rice exports cause a stir in Italy

Ente Nazionale Risi (ENR), Italy’s national rice agency, has raised concern over increased European rice imports from countries such as Cambodia, according to rice industry publication Oryza. ...

Post Staff
http://www.phnompenhpost.com/business/cambodian-rice-exports-cause-stir-italy

Agro report reveals drop in state fisheries revenue

A report issued by the Ministry of Agriculture for the first nine months of this year showed a dramatic decline in government revenue from the fisheries sector, while providing incomplete information on revenue from other agricultural sectors. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/agro-report-reveals-drop-state-fisheries-revenue

Japanese FDI flows in roads, bridges it built

Japanese investors have sunk over $800 million into the Cambodian economy over the past two decades, with much of this investment coming on the back of concessional aid directed to develop and strengthen the country’s trade and industry capacities, according to data provided on Friday ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/japanese-fdi-flows-roads-bridges-it-built

No wood, but permit in protected area extended

The Agriculture Ministry renewed the license for timber extraction on a land concession in a protected area in September, despite previously concluding that the land within the concession had been completely cleared, according to a conservation group and documents obtained by reporters this month. ...

Aisha Down
https://www.cambodiadaily.com/news/no-wood-but-permit-in-protected-area-extended-123916/

More than 20 die in New Year accidents

More than 20 people were killed and 60 were injured in traffic accidents over the first two days of the Lunar New Year, a nearly 30 percent decline in fatalities compared with the same period last year.According to a National Police report, 38 traffic accidents ...

Mom Kunthear
http://www.khmertimeskh.com/news/34870/more-than-20-die-in-new-year-accidents/

Decline in labor complaints compared with last year

Labor dispute complaints in the garment and textile sector declined last year compared with 2015, according to the Arbitration Council, which attributed the drop to the Trade Union Law. ...

Pech Sotheary
http://www.khmertimeskh.com/news/35923/decline-in-labor-complaints-compared-with-last-year/

In further shift, military cancels drill with Australia

Breaking further from traditional partners, Cambodia has aborted a planned military exercise with Australia, a defense official said on Tuesday, tilting the country’s allegiances once again toward China. ...

Aun Pheap and Michael Dickison
https://www.cambodiadaily.com/news/in-further-shift-military-cancels-drill-with-australia-125943/

ASEAN talks South China Sea in Siem Reap

Chinese and ASEAN representatives are meeting in Siem Reap to begin hammering out a code of conduct for the highly contested South China Sea. ...

Cristina Maza
http://www.phnompenhpost.com/national/asean-talks-south-china-sea-siem-reap

Chinese FDI to flow in on Silk Road

Cambodia could see massive investments as a result of China’s latest pledge to funnel an enormous sum into developing infrastructure as part of its New Silk Road initiative, an analyst said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/chinese-fdi-flow-silk-road

Axiata sells 10% stake in Cambodia’s Smart

Axiata Group sold a 10 percent stake of its Cambodian subsidiary Smart Axiata to Japanese group Mitsui Co Ltd to form a strategic partnership and further the firm’s activity in the Kingdom, according to a company release on Friday. ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/axiata-sells-10-stake-cambodias-smart

One dead, 27 collapse at factory in Dangkor

In the country’s latest mass faIntIng episode, one garment worker died after InhalIng what authorities suspect to have been toxic fumes and 27 others collapsed at the Taiwanese-owned Accasette Garment factory In Phnom Penh’s Dangkor district on Wednesday. ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/one-dead-27-collapse-factory-dangkor

Lancang-Mekong expo kicks off in Phnom Penh

The Lancang-Mekong Cooperation’s economic and technology exhibition 2017 kicked off yesterday in Phnom Penh to enhance trade and investment between China and Cambodia, plus other Mekong countries. ...

Chea Vannak
http://www.khmertimeskh.com/news/40332/lancang-mekong-expo-kicks-off-in-phnom-penh/

11 Mondolkiri top brass fingered in timber probe

A court investigation into illegal timber trafficking has targeted 11 provincial officials—including Mondolkiri’s heads of the military and military police, and potentially a court prosecutor—prompting the case’s transfer to Phnom Penh at the request of the justice minister, officials said on Tuesday. ...

Aun Pheap
https://www.cambodiadaily.com/news/11-mkiri-top-brass-fingered-in-timber-probe-132416/

Market for construction materials opened in Phnom Penh

A company based in China’s southern province of Guangdong opened a 2-hectare market for building and construction materials near the Preah Monivong Bridge in Phnom Penh on Saturday, according to a report by online Chinese news site Commercial News. ...

Post Staff
http://www.phnompenhpost.com/business/market-construction-materials-opened-phnom-penh

NBC’s currency museum to launch in January

The National Bank of Cambodia (NBC) will open a museum on finance and monetary matters in January 2018, a representative of the central bank has announced. ...

Sok Chan
http://www.khmertimeskh.com/5089178/nbcs-currency-museum-launch-january/

PM warns party of complacency in leaked audio

Two leaked audio tapes, purportedly of Prime Minister Hun Sen speaking candidly to senior officials, appear to hint at insecurities within the ruling party over the controversial dissolution of the country’s main opposition, with the premier warning that the party’s “struggle” didn’t end with the ...

Ben Sokhean, Andrew Nachemson and Mech Dara
http://www.phnompenhpost.com/national-politics/pm-warns-party-complacency-leaked-audio

NEC balance further tips in favour of CPP

The three appointees are Nuth Sokhom, who will be the deputy chief of the NEC, Dim Sovannarom, and Hel Sarat from the Khmer Nationality Party. They were selected among five candidates, according to CPP National Assembly spokesperson Chheang Vun. ...

Ben Sokhean and Leonie Kijewski
http://www.phnompenhpost.com/national/nec-balance-further-tips-favour-cpp

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