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Construction approvals down, investment up

Cambodia approved over 2,600 construction investment projects in the first three quarters of 2023, marking a 19% decrease compared to the same period in 2022. Investment capital and construction space, however, have surged by over 100%, as per the Ministry of Economy and Finance ...

Hin Pisei
https://www.phnompenhpost.com/business/construction-approvals-down-investment-up

Cambodia’s CDC unveils $50-bn logistics initiative

Cambodian deputy prime minister Sun Chanthol recently announced a comprehensive $50-billion master plan for the country’s transport and logistics sectors comprising 174 projects. ...

Khmer Times Staff
https://www.khmertimeskh.com/501383722/cambodias-cdc-unveils-50-bn-logistics-initiative/

Feasibility study on Mondulkiri airport greenlighted: Gov’t

Cambodia has authorised the FOCUS Consortium to initiate a feasibility study on an investment project for constructing a new airport in Mondulkiri province, envisioning it as part of a satellite town development initiative. ...

Chea Sokny
https://www.phnompenhpost.com/national/feasibility-study-on-mondulkiri-airport-greenlighted-gov-t

Ministry seeks more US help to manage natural disasters

Thor Chetha, Minister of Water Resources and Meteorology, is seeking further assistance from the US Embassy in Cambodia to manage natural disasters, as well as greater technical assistance for ministry officials. ...

Nop Sreymao
https://www.khmertimeskh.com/501454169/ministry-seeks-more-us-help-to-manage-natural-disasters/

Govt seeks $40B capital to build infrastructures by 2033

The Council for the Development of Cambodia (CDC) and the Ministry of Public Works and Transport (MPWT) yesterday held a meeting to review the process of transport and logistics master plan as the Royal Government of Cambodia (RGC) seeks an investment capital of nearly $40 ...

Nhean Chamrong
https://www.khmertimeskh.com/501443206/govt-seeks-40b-capital-to-build-infrastructures-by-2033/

Cambodia exports rubber worth $490.6 million in 2023

Cambodia exported 368,048 tonnes of dry rubber in 2023, a slight decrease of 1.3 percent from 372,903 tonnes in a year earlier, said a report from the General Directorate of Rubber on Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501425159/cambodia-exports-rubber-worth-490-6-million-in-2023/

CDC registered 22 investment projects worth $444 million in the first 15 days of February 2024

In the 15 days of February 2024, the Council for the Development of Cambodia (CDC) decided to issue certificates for the registration of 22 qualified investment projects with a total investment capital of more than $444 million. This is according to the report from the ...

Khmer Times Staff
https://www.khmertimeskh.com/501442338/cdc-registered-22-investment-projects-worth-444-million-in-the-first-15-days-of-february-2024/

“Release wing star shoes union leader Chea Chan”, CATU pleads with Kampong Speu court

The Cambodian Alliance of Trade Unions (CATU) demands that Kampong Speu Provincial Court drop the criminal charge against Chea Chan, union president of Wing Star Shoes, and release him. ...

Sovann Sreypich
https://cambojanews.com/release-wing-star-shoes-union-leader-chea-chan-catu-pleads-with-kampong-speu-court/

Render justice on wing star union’s chief, CATU urges Kampong Speu court

About 40 trade union representatives and members of the Cambodian Confederation of Trade Unions (CATU) gathered at Chea Chan’s trial at the Kampong Speu Provincial Court, with banners on Wednesday, demanding his release. ...

Sovann Sreypich
https://cambojanews.com/render-justice-on-wing-star-unions-chief-catu-urges-kampong-speu-court/

PM suggests ERA students take responsibility for self-discipline

Prime Minister Hun Manet has reiterated that the Royal School of Administration (ERA), a training school for civil servants and public service officials, must have high standards of discipline, but that its implementation should not need to be strict. ...

Ry Sochan
https://www.phnompenhpost.com/national/pm-suggests-era-students-take-responsibility-for-self-discipline

25 investment projects worth over $246 million approved by CDC in May

In May 2024, the Council for the Development of Cambodia (CDC) approved 24 new projects and one production expansion project with a total investment of more than $246 million, creating about 15,000 jobs. ...

Khmer Times Staff
https://www.khmertimeskh.com/501503519/25-investment-projects-worth-over-246-million-approved-by-cdc-in-may/

Banks projected to grow at 10 percent in 2024

Cambodian banks might see growth of around 10 percent in 2024, said bankers. Industry insiders say that the banking growth of the past of 20 percent is no longer possible. ...

Rachel David
https://www.khmertimeskh.com/501503722/banks-projected-to-grow-at-10-percent-in-2024/

Cambodia collects $3B in tax revenue in H1

The government generated $2,909 million in revenue from tax and customs in the first half of 2024, representing 46 percent of the target set for 2024, a report from the Ministry of Economy and Finance showed on Monday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501540290/cambodia-collects-3b-in-tax-revenue-in-h1/

Forum planned to address prison overcrowding

The Ministry of Interior’s General Department of Prisons (GDP) is planning to hold a forum with relevant ministries, embassies, and human rights NGOs to find a comprehensive solution to ongoing overcrowding issues in prisons, as the number of inmates continues to rise. ...

Phak Seangly
https://www.phnompenhpost.com/national/forum-planned-to-address-prison-overcrowding

Oddar Meanchey students discover Khmer Rouge-era history

The Documentation Center of Cambodia (DC-Cam)’s Anlong Veng Peace Center hosted a classroom forum on the “History of Democratic Kampuchea (1975-1979)” for 25 students of Sre Noi High School on September 10. ...

Hong Raksmey
https://www.phnompenhpost.com/national/oddar-meanchey-students-discover-khmer-rouge-era-history

Cambodia nets $1.2 billion investments in August

The Council for Development of Cambodia (CDC) approved 53 new projects worth $1.2 billion in August, generating approximately 33,000 jobs for the local people, said a report yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501555835/cambodia-nets-1-2-billion-investments-in-august

Out-of-court settlements have greatly reduced land disputes

The government has claimed that the number of land disputes has greatly reduced since officials increased efforts to resolve disputes outside of the court to provide quick and effective solutions. ...

Sen David
https://www.khmertimeskh.com/501564506/out-of-court-settlements-have-greatly-reduced-land-disputes/

Iron and steel imports up nearly 60 percent

According to the data released by the General Department of Customs and Excise (GDCE) earlier this month, iron and steel imports into the Kingdom increased by 59.2 percent during the first eight months of 2024 compared to the imports of these two core construction materials ...

James Whitehead
https://www.khmertimeskh.com/501564466/iron-and-steel-imports-up-nearly-60-percent/

Growth Of Telephone Sub-Scribers Benefit From Population's Income

After reforms instituted in 2011, the price of international phone calls dropped subsequently. In 2011, the price cost fell from 2.76 cent in 1997 to 0.25 cent per minute for mobile phone and desk phone cost about 2.56 cent in 1997 to 0.25 cent in 2010, and 2011 respectively, the report from the ...

http://thesoutheastasiaweekly.com/

One-Party Parliament Effortlessly Passes $3.56 Billion Budget

Sixty-six National Assembly members of the ruling CPP on Tuesday unanimously approved Cambodia’s $3.56 billion draft budget for 2014 without debate and without even the hint of an opposition, whose 55 lawmakers-elect are boycotting parliament in protest over July’s still-disputed national election result. The ruling party ...

Hul Reaksmey
http://www.cambodiadaily.com/news/one-party-parliament-effortlessly-passes-3-56-billion-budget-46913/

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