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No more stamp duty on homes sold under $70k

The government has decided to exempt the 4 percent stamp tax on all residential properties valued less than $70,000 until January to contribute to sustaining the country’s economic growth. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50695071/no-more-stamp-duty-on-homes-sold-under-70k

Beeline officials mum on sales buzz

Questions remained yesterday about the fate of mobile operator Beeline Cambodia following the sale of parent company Vimpelcom’s Vietnamese assets earlier in the week. Despite a report on Tuesday in the Russian newspaper Kommersant that sources close to Vimpelcom’s shareholders had said the sale of Cambodian operations was under consideration, company officials ...

http://www.phnompenhpost.com/index.php/2012042555751/Business/beelines-future-in-kingdom-unknown.html

AFD lends a hand in energy-transition

Agence Francaise de Developpement (AFD) has granted €300,000 to the Kingdom of Cambodia to draw up a model of energy-transition scenarios to 2050, the French development agency revealed in a statement published on April 1. ...

Thou Vireak
https://www.phnompenhpost.com/business/afd-lends-hand-energy-transition

Informal economy may lose over 6M jobs by Covid’s end

Minister of Planning Chhay Than said more than six million workers in the informal economy have either lost or are expected to lose their jobs due to Covid-19, despite the government’s efforts to counter the pandemic. ...

Mom Kunthear
https://phnompenhpost.com/national/informal-economy-may-lose-over-6m-jobs-covids-end

King, PM congratulate Hungary over anniversary of diplomatic ties

King Norodom Sihamoni in a congratulatory letter to President of Hungary János Áder on September 10 to mark the 65th Anniversary of the Establishment of Diplomatic Relations between the two countries had also expressed his intention to visit the country. ...

Sar Socheath
https://www.khmertimeskh.com/50938533/king-pm-congratulate-hungary-over-anniversary-of-diplomatic-ties/

Bicycle exports jump nearly 25% so far this year

Cambodian bicycle manufacturers earned more than $400 million from exports in the year to Aug 31, according to the Commerce Ministry. Shipments were 24.5 percent higher than the first eight months of 2020. If overseas demand remains strong, 12-month exports are likely to exceed last ...

Michael Firn
https://www.khmertimeskh.com/50931087/bicycle-exports-jump-nearly-25-so-far-this-year/

Gov’t spent more than $570 million on IDpoor

Ministry of Social Affairs announced yesterday that the government has spent more than $570 million to provide cash assistance to poor families suffering from the Covid-19 pandemic from June 25, 2020 to September 24 this year. ...

Sen David
https://www.khmertimeskh.com/50959640/govt-spent-more-than-570-million-on-idpoor/

Prince Ranarridh offers support of government’s border policies

Prince Norodom Ranarridh, leader of the royalist party Funcinpec, says he has offered support to Prime Minister Hun Sen, to verify Cambodia’s maps in its demarcation discussions over the Vietnam border. ...

Hul Reaksmey
http://www.voacambodia.com/content/prince-ranarridh-offers-support-of-government-border-policies/2959993.html

Yentieng shuts down query into envelopes

The head of the Anti-Corruption Unit, Om Yentieng, yesterday dismissed a request to explain the contents of envelopes he distributed to soldiers earlier this month by, in essence, declaring: we ask the questions, not you. ...

Lay Samean and Niem Chheng
http://www.phnompenhpost.com/national/yentieng-shuts-down-query-envelopes

Rice exports grow on strength of China quota

Cambodian rice exports increased nearly 17 percent during the first nine months compared to the same period last year, with exporters pushing to fill orders under China’s higher import quota as European markets remained steady. ...

Post Staff
http://www.phnompenhpost.com/business/rice-exports-grow-strength-china-quota

City considers adding more referral hospitals

Phnom Penh City Hall plans to build more referral hospitals in the capital in the coming years as the seven currently in use are nearing capacity, according to Municipal Governor Pa Socheatvong. ...

Kong Meta
http://www.phnompenhpost.com/national/city-considers-adding-more-referral-hospitals

Warning of swine flu

The Health Ministry’s Communicable Disease Control Department yesterday issued a statement urging citizens to be aware of the influenza strain H1N1 that has the potential to spread rapidly during the rainy season. ...

Pech Sotheary
http://www.khmertimeskh.com/5076381/warning-swine-flu/

Tourist numbers at the Killing fields keep rising

The number of tourists visiting the Choeung Ek Genocidal Center, known as the Killing Fields, is estimated to be rising markedly in the first four months of 2015 compared to the same period last year, an official said. ...

Chea Vannak
http://www.khmertimeskh.com/news/11635/tourist-numbers-at-the-killing-fields-keep-rising/

Interior ministry official charged over land grab

Phnom Penh Municipal Court on Saturday charged a government official who allegedly tried to grab state land by fraudulently using Interior Minister Sar Kheng’s wife’s name to threaten a commune chief in Preah Sihanouk province. ...

Buth Reaksmey Kongkea
https://www.khmertimeskh.com/50542474/interior-ministry-official-charged-over-land-grab-2/

PPSC sells 14m shares in private placement

Phnom Penh Special Economic Zone (PPSP) recently issued more than 14 million shares, bringing its total number of shares to nearly 71.9 million, according to an announcement made by the company during a press conference Friday. ...

Chea Vannak
https://www.khmertimeskh.com/50543396/ppsc-sells-14m-shares-in-private-placement/

Minister lays out Sihanoukville tourism plans

The Ministry of Tourism (MoT) has announced plans To strengthen the image of Sihanoukville’s coast as a Tourism destination, with authorities expecting the province To surpass the two-million mark in Tourist arrivals in 2017. ...

Sum Manet
http://www.khmertimeskh.com/5088047/minister-lays-sihanoukville-tourism-plans/

Minebea readies third factory

Japanese electronics manufacturer Minebea expects to complete construction of its third factory in Cambodia by the end of the year, allowing the company to diversify its operations toward more value-added products, a company official said yesterday. ...

Kali Kotoski
http://www.phnompenhpost.com/business/minebea-readies-third-factory

$5 million horticulture project

New Zealand is to provide $5 million to support  the sustainable development of horticulture over a five-year period in Cambodia, New Zealand’s foreign minister Gerry Brownlee announced on Monday. ...

Sok Chan
http://www.khmertimeskh.com/5077252/5-million-horticulture-project/

Prayut vows full cooperation with Asean over Mers

Thailand will give its full cooperation to ASEAN nations to prevent the spread of the deadly Middle East Respiratory Syndrome (MERS) virus in the region, Prime Minister Prayut Chan-o-cha said yesterday. ...

Patsara Jikkham and Paritta Wangkiat
http://bit.ly/1LDOYXA

River families’ time up

Nearly 400 families were told yesterday they had to move from their homes along the Siem Reap river within the week. Siem Reap district governor Tep Bun Chhay said 392 families had to relocate from Sala Kamroeuk commune before this Sunday. ...

http://www.phnompenhpost.com/index.php/2012032755261/National-news/river-families-time-up.html

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