Opposition gaining power in legislature, analysts say
As part of political negotiations, the opposition party will be allowed a minority leader in parliament—a system analysts say could strengthen the checks and balances in the government. The legislative branch has traditionally been considered weaker than the executive, with the National Assembly stacked with supporters ...
Sok Khemara
http://www.voacambodia.com/content/opposition-gaining-power-in-legislature-analysts-say/2561306.html
Sangkran set to break records in tourism and line-dancing
Preparations for this year’s Angkor Sangkran, Siem Reap’s largest cultural event, are almost complete, with half a million tourists expected to join in the celebration during Khmer New Year, according to provincial officials. Of the anticipated 500,000 visitors this year, the majority are expected to be ...
Chan Muyhong
http://www.phnompenhpost.com/business/sangkran-set-break-records-tourism-and-line-dancing
Abe plans Mekong development to counter China
Japanese Prime Minister Shinzo Abe will meet the leaders of five South-east Asian countries in Tokyo on Saturday to adopt a new three-year development strategy for the Mekong region — a move that will rival China’s rising economic clout in Asia. The plan is likely to ...
Today News Staff
http://www.todayonline.com/world/asia/abe-plans-mekong-development-counter-china
Dammed if they don’t
People who have accepted relocation from the future reservoir zone of the Lower Sesan II hydropower project have called for the suspension of the resettlement program for one year and help to repair homes built by the Cambodian-Chinese energy firm constructing the dam.Villagers who held ...
May Titthara
http://www.phnompenhpost.com/national/dammed-if-they-dont
The Sihanoukville MAKEOVER?
Aiming to attract investors to broaden the Kingdom’s manufacturing base and to boost the country’s industrial development, the government is alledgedly preparing a master plan to turn Sihanoukville province into a new special economic zone, said an official.The advisor to the Cambodian government, Dr Sok ...
Siv Meng
http://www.phnompenhpost.com/real-estate/sihanoukville-makeover
Blockchain system will reduce dependence on the ‘greenback’
Cambodian’s will soon be able to make near-instant payments via a new blockchain payment platform being launched under a system called Distributed Ledger Technology (DLT) that will “ultimately undermine the popularity of the US dollar”, according to the Kingdom’s central bank director. ...
Harrison White
https://www.khmertimeskh.com/50723403/blockchain-system-will-reduce-dependence-on-the-greenback/
Bandwidth boost underway
Fuelled by downward pressure on internet pricing, state-owned Telecom Cambodia had dramatically increased its fibre-optic link with Vietnam, officials and experts said. The new 10-gigabyte connection would further lower prices and boost the speed of Cambodian internet connections in a market where demand for bandwidth was driven by ...
http://www.phnompenhpost.com/index.php/2012042655784/Business/bandwidth-boost-under-way.html
Global death toll of environmental activists rising, report says
In April, Chut Wutty was shot to death in the Cambodian forests he was so outspoken in defending, a slaying that outraged human rights activists suspicious of the conflicting explanations given by police. His death appears to be part of a chilling trend. Growing numbers of activists ...
Number of Japanese firms to surge this year
If industry-watchers were roused last year by the influx of Japanese investment to Cambodia – including bellwether parts manufacturer Minebea – 2012 should not disappoint. Up to 60 new Japanese companies are expected to apply for business licences this year after the number tripled to about ...
Tepco, Toshiba to manage power grids in Cambodia
Tokyo Electric Power Co. Holdings will team with Toshiba to manage power grids in Cambodia, hoping to secure a new earnings source as the utility grapples with soaring cleanup costs for the Fukushima nuclear plant disaster. ...
Nikkei
http://asia.nikkei.com/Business/Deals/Tepco-Toshiba-to-manage-power-grids-in-Cambodia
CSX developing app for securities trading
A new online trading platform is being developed to spur interest in Cambodia’s sleepy stock market by allowing traders to access the exchange remotely via software compatible with smartphones, a bourse spokesman said yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/csx-developing-app-securities-trading
Cambodia prepares ‘travel bubble’ plan to aid tourism
The Ministry of Tourism is moving to restore the devastated tourism sector by preparing a so-called travel bubble plan to gradually receive international tourists, even if the Kingdom is seeing a rise in new cases of COVID-19. ...
Sorn Sarath
https://www.khmertimeskh.com/50751509/cambodia-prepares-travel-bubble-plan-to-aid-tourism/
Five more investment projects worth $60 Million licensed
The Council for the Development of Cambodia (CDC) has given the green light to five new investment projects with a total investment capital of $58 million.According to the council’s press release issued this morning, the newly approved projects are expected to create about 800 jobs ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50756987/five-more-investment-projects-worth-60-million-licensed/
Local mobile applications expanding in all directions
The importance of apps in Cambodia is becoming more and more prevalent. The Ministry of Education, Youth and Sport (MoEYS) and the Ministry of Posts and Telecommunications (MPTC) announced last week the news of them building a new distance education app in partnership with mobile ...
Jason Boken
https://www.khmertimeskh.com/50748317/local-mobile-applications-expanding-in-all-directions/
Three investment projects worth $36.5 million approved, to create hundreds of jobs
The Council for the Development of Cambodia (CDC) has given the green light to three new investment projects with a total investment capital of $36.5 million. According to the council’s press release issued yesterday, the newly approved projects are expected to create some 615 jobs ...
Phal Sophanith/AKP
https://www.khmertimeskh.com/50747222/three-investment-projects-worth-36-5-million-approved-to-create-hundreds-of-jobs/
2020-2021 academic year commences
Prime Minister Hun Sen said that although the world is united in fighting Covid-19 and has yet to achieve complete victory over the outbreak, Cambodia will forge ahead with the opening of the 2020-2021 academic year on January 11, celebrating the theme “a new life ...
Voun Dara
https://www.phnompenhpost.com/national/2020-2021-academic-year-commences
Papa John’s set to open 15 stores in Kingdom over next three years
US-based pizza chain Papa John’s International Inc on April 7 unveiled plans to open 15 new outlets in the Kingdom over the next three years. Papa John’s opened its flagship store in Phnom Penh late last month, the company said in a press release. ...
Thou Vireak
https://www.phnompenhpost.com/business/papa-johns-set-open-15-stores-kingdom-over-next-three-years
Greater innovation critical to driving sustained economic recovery in Cambodia and East Asia
Innovation is critical to productivity growth and economic progress in developing East Asia including Cambodia, China, Indonesia, Lao PDR, Malaysia, Mongolia, Myanmar, the Philippines, Thailand, and Vietnam in a rapidly changing world, according to a new World Bank report launched today. ...
Heng Panha/AKP
https://www.khmertimeskh.com/50817900/greater-innovation-critical-to-driving-sustained-economic-recovery-in-cambodia-and-east-asia/
Hunt for suspects continues after Preah Sihanouk sea restored
Stung Hav district authorities in Preah Sihanouk province have removed soil that was dumped into the sea along the coast to create new land in an area without authorisation and are working to determine the identity of the responsible parties. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/hunt-suspects-continues-after-preah-sihanouk-sea-restored
SINET, Philippine firm team up for telecoms solutions
The Philippines’ PLDT Global Corp (PGC) unveiled a new partnership with Cambodia’s SINET, a registered trademark of SI Group Co Ltd, to broaden its regional footprint and supply technology solutions that help the local telecoms service provider’s customers stream more seamlessly. ...
Thou Vireak
https://www.phnompenhpost.com/business/sinet-philippine-firm-team-telecoms-solutions