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Property Tax to Generate $6M for Phnom Penh

Phnom Penh City Hall has estimated it could receive about $6 million in revenue next year from property tax collection, which started recently. City Hall released some tax calculation methods on its website last week and said that “based on the estimation of the technical ...

http://www.camnet.com.kh/cambodia.daily

Port will transfer bulk of capacity to Kandal

The Phnom Penh Autonomous Port will transfer 75 per cent of its loading capacity to a new location at Kandal  to better handle the increased shipments passing through the capital, according to PPAP officials. The PPAP had received US$68 mill-ion in financing from the Chinese ...

http://www.phnompenhpost.com/index.php/2011090651475/Business/port-will-transfer-bulk-of-capacity-to-kandal.html

Chinese company given license to go for gold in Kratie

The government has given a Chinese mining company the right to extract gold from 28 square km of land in Kratie province’s Sambor district, a provincial official said yesterday. On July 5, the Ministry of Industry, Mines and Energy granted Hing Yuan Hanng Yeak Co Ltd ...

Farmers to Sue Rubber Company, After Land Clearing

Five cashew farmers in Ratanakkiri province will file a lawsuit against Hong An Mang Yang K Rubber Development Company today at the provincial court after the company mistakenly burned down 13 hectares of cashew trees last week, a human rights official said on Friday. With cashew ...

Malaysian interest up in Cambodia’s land concessions

Lion Forest Industries Berhad will seek to acquire a 9,995 hectare concession in Cambodia, the latest in a number of Malaysian firms eyeing the Kingdom to increase land banks this year. The firm aims to cultivate rubber and palm oil on the proposed concession in Preah ...

http://www.phnompenhpost.com/index.php/2011072950711/Business/malaysian-interest-up-in-cambodias-land-concessions.html

Erdos Group plans laid bare

Documents obtained by The Post have shed new light on the scale of Chinese investment connected with the controversial Boeung Kak lake real estate project. The US$98 million project in northern Phnom Penh is the smallest of Mongolia Erdos Hongjun Holding Group’s planned investments in ...

http://www.phnompenhpost.com/index.php/2011080350842/National-news/erdos-group-plans-laid-bare.html

Two Months In, Demand for Coastal Flights Low

SIHANOUKVILLE – Two months after Cambodia Angkor Air (CAA) began operating flights between Siem Reap and Sihanoukville, demand for the route is not covering the national carrier’s costs, with planes running at little over half their capacity, an official at the airline said. CAA decided to ...

http://www.camnet.com.kh/cambodia.daily/

Rubber investments in Kingdom jump 255%

Investment in Cambodian rubber plantations increased by 255 per cent in 2011 on rising global demand for the commodity. There were 20 new projects worth US$675 million in the Kingdom last year, according to data from the Council for the Development of Cambodia. There were nine ...

http://www.phnompenhpost.com/index.php/2012022254647/Business/rubber-investments-in-kingdom-jump-255.html

Acleda widens capital channel to South Korea

A new draft agreement between the largest banks in Cambodia and South Korea aims at facilitating the flow of money transfers between the two countries, making it easier for companies that import Korean goods to settle their invoices and for migrant Cambodian workers to send ...

Sor Chandara
http://www.phnompenhpost.com/business/acleda-widens-capital-channel-south-korea

Dengue’s link to El Niño

As Cambodia contends with one of the strongest El Niño cycles in recent memory, a new study of millions of dengue cases over the past two-decades-plus has shown that spikes in the deadly disease across Southeast Asia may be linked to the weather phenomenon.Upswings in ...

Igor Kossov
http://www.phnompenhpost.com/national/dengues-link-el-nino

Kingdom's mine targets ‘out of reach’

Cambodia is likely to come under scrutiny as parties to the UN’s anti-landmine convention gather in Geneva this week, with a recent report saying the Kingdom is unlikely to hit its mine clearance targets, even under an already-extended deadline.The 14th meeting of states parties to ...

Zoe Holman
http://www.phnompenhpost.com/national/kingdoms-mine-targets-out-reach

Rent control law being ignored

The government is failing to enforce, or even make landlords and tenants aware of, the new rent-control law, even as rents begin to creep up in anticipation of garment workers receiving their annual wage raise next month, labour advocates say.The legislation, which went into effect ...

Cheng Sokhorng
http://www.phnompenhpost.com/national/rent-control-law-being-ignored

Better infrastructure needed for trade: study

Cambodian goods benefit from the lowest export tariff rates in the world but the Kingdom’s trade is still held back by lengthy bureaucratic procedures and corruption, according to a new study by the World Economic Forum (WEF). The Global Enabling Trade Report 2016, a study published ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/better-infrastructure-needed-trade-study

Hun Sen urges Philippine investment for ailing rice sector

Prime Minister Hun Sen said on Monday he had urged Philippine President Rodrigo Duterte to invest more heavily in Cambodia’s rice sector, while also acknowledging the need to lower rice processing costs and find new export markets to boost the competitiveness of Cambodia’s most important ...

Kuch Naren
https://www.cambodiadaily.com/news/hun-sen-urges-philippine-investment-for-ailing-rice-sector-127867/

PM wants fast data satellite

Cambodia should have its own satellite to make high-speed broadband available to all, Prime Minister Hun Sen said yesterday. The prime minister also proposed that the Royal Group, a local conglomerate, partner with other  companies to make the Kingdom’s satellite dream a reality. Addressing about 600 ...

Sok Chan
http://www.khmertimeskh.com/news/33238/pm-wants-fast-data-satellite/

Cambodian media under threat: report

Media outlets in Cambodia have came under increasing threat over the past year, according to a new report by the International Federation of Journalists (IFJ), though the Ministry of Information, responding to a similar recent report, has insisted freedom of expression and the press is ...

Leonie Kijewski and Rinith Taing
http://www.phnompenhpost.com/national/cambodian-media-under-threat-report

Mother Nature turns to puppets to protect its activists

Environment NGO Mother Nature on Saturday debuted a new video about threatened mangroves in Koh Kong province featuring an unlikely spokesperson, or rather, spokes-puppet. The video is about a plot of mangrove forest inside the Peam Krasaop Wildlife Sanctuary that was illegally filled in with sand, ...

Yesenia Amaro
https://www.phnompenhpost.com/national/mother-nature-turns-puppets-protect-its-activists

Mineral exploration permits offered for protected Prey Lang

One of four new mining exploration permits, advertised publicly this week, is within the Prey Lang Wildlife Sanctuary map, coordinates reveal, sparking concern among activists and community members about the strength of the forest’s recently-acquired protected status.In the first public tender of fresh exploration licenses ...

Shaun Turton and Phak Seangly
http://www.phnompenhpost.com/national/mineral-exploration-permits-offered-protected-prey-lang

Luxury Hotel Resort Threatens Bokor Mountain's Biodiversity

An ongoing project to build hotels, luxury villas and a casino on Kampot province’s Bokor Mountain is a threat to the area’s unique animal and plant species, according to two new studies. Local conglomerate Sokimex Group has been granted property development rights on the entire mountain, ...

Villagers facing re-eviction

Villagers evicted from the former Sambok Chab community in the capital’s Dangkor district in 2006 face eviction for the second time – this time without any compensation, evictees told the Post yesterday. According to villager Heng Pheng Chun, 26, authorities in Por Sen Chey district have ...

http://www.phnompenhpost.com/index.php/2012092658910/National-news/villagers-face-eviction-again-in-phnom-penh.html

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