Phnom Penh port expansion seeks funding solution
With construction on the second phase of a new cargo terminal at the Phnom Penh Autonomous Port (PPAP) set to begin in 2016, officials are now looking for ways to finance the project. Hei Bavy, director general for PPAP, said the $20 million expansion will see ...
Chan Muyhong
http://phnompenhpost.com/business/phnom-penh-port-expansion-seeks-funding-solution
Cambodia raises garment wage, but unions say not enough
Cambodia on Wednesday raised the controversial monthly minimum wage for garment workers by 28 percent, a decision likely to infuriate unions seeking a higher increase and revive calls for strike action. Sixteen members of the Labour Ministry’s Labour Advisory Committee voted for the government-proposed minimum ...
World Bulletin News Staff
http://www.worldbulletin.net/economy/148209/cambodia-raises-garment-wage-but-unions-say-not-enough
Cambodian PM says state's institutions to be strengthened after opposition ends parliament boycott
Cambodian Prime Minister Hun Sen said Monday that the state’s institutions will be further strengthened after the opposition ended a 10-months long boycott of parliament over disputed election results in July last year. “The normalcy of all state institutions in the legislative, executive and judicial ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-08/11
ADB gives update on aid for railway families
The government has finished calculating the additional compensation it will pay out to some of the families forced to move for a $143 million railway rehabilitation project being funded mostly by the Asian Development Bank (ADB), according to a new report. The report, released this week ...
Zsombor Peter
http://www.cambodiadaily.com/news/adb-gives-update-on-aid-for-railway-families-67520/
High-level officials to get raises
Prime Minister Hun Sen is set for a monthly salary hike of more than $900 as part of sweeping changes to senior government and high-ranking civil servant bonuses, according to a new sub-decree. The document, dated October 13 and obtained by the Post yesterday, states that ...
Pech Sotheary and Shane Worrell
http://phnompenhpost.com/national/high-level-officials-get-raises
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/