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Cambodia inaugurates China-funded Mekong bridge, road

Cambodia inaugurated a 1.73-km Mekong River bridge, along with a 143-km road, here on Wednesday in a bid to boost economic development and reduce poverty in this far northeastern region. ...

The Cambodia Herald​ News Staff
http://bit.ly/1Do883N

UDG guards again accused of violent evictions

About 40 security guards armed with axes and AK-47s and working for the Chinese-owned Union Development Group (UDG) on Sunday Demolished the homes of three villagers who claim to own land on UDG’s sprawling $3.8-billion beachsiDe tourist Development in Koh Kong province, villagers said. ...

Hul Reaksmey
http://www.cambodiadaily.com/news/udg-guards-again-accused-of-violent-evictions-71628/

City hall shuts down rally against consumption of dog meat

A planned demonstration against the consumption of dog meat was shut down before it could begin in Phnom Penh on Sunday after city authorities said the group did not have permission to gather. ...

Chris Mueller
https://www.cambodiadaily.com/news/city-hall-shuts-down-rally-against-consumption-of-dog-meat-81445/

Tensions escalate as Royal Group accelerates island development

Residents of Koh Rong Island, off the coast of Sihanoukville, have this week called on government officials, including Prime Minister Hun Sen, to review what they are labelling “abusive activities” by the Royal Group (RG) conglomerate. ...

Jack Laurenson
http://www.khmertimeskh.com/news/14333/tensions-escalate-as-royal-group-accelerates-island-development/

Thai cement giant to invest $300m in Cambodia

Thailand’s largest cement producer, Siam Cement Group (SCG), plans to invest up to $300 million to increase its production capacity in Cambodia over the next five years in a bid to take advantage of booming domestic demand, a company official said Monday. ...

Kang Sothear
https://www.cambodiadaily.com/business/thai-cement-giant-to-invest-300m-in-cambodia-92400/

Market likely to peak by year end, analysts say

Although land prices have been cooling throughout Asean, Cambodia remains an exception – but that is not expected to last much longer, analysts say. ...

Igor Kossov
http://www.khmertimeskh.com/news/15020/market-likely-to-peak-by-year-end--analysts-say/

Ministry: 5G essential for Cambodia’s digitalisation

Minister of Post and Telecommunications Tram Iv Tek on Thursday lauded leading mobile operator CamGSM Co Ltd for its progress in rolling out a 5G network in Cambodia. Speaking at an event organised by CamGSM to showcase its 5G capabilities, he said the technology is essential ...

May Kunmakara
https://www.phnompenhpost.com/business/ministry-5g-essential-cambodias-digitalisation

Boundary markers create concerns for indigenous people

The Bunong indigenous people in Mondulkiri province have expressed concerns about deforestation in the Phnom Nam Lyr Wildlife Sanctuary after a forest community spotted machinery in an off-limits area and noticed markers planted in the surrounding land. ...

Khorn Savi
https://www.phnompenhpost.com/national/boundary-markers-create-concerns-indigenous-people

Mondulkiri wind farm passes first test

Xinglan Maritime Energy Co Ltd’s (XME) $200 million 100MW onshore wind power project in Mondulkiri province has passed its feasibility study, promising a fresh gust of wind to swell the sails of the Kingdom’s burgeoning industry, the local Maritime Group said in a press release. ...

Hin Pisei
https://www.phnompenhpost.com/business/mondulkiri-wind-farm-passes-first-test

UNDP, Australia pledge continued support for social welfare scheme

The UN Development Programme (UNDP) hosted a high-level online discussion for the benefit of other institutions and Development partners in the region regarding key lessons learned from Cambodia’s use of Covid-19 social protection measures to support the poor and revitalise the economy.   ...

Nov Sivutha
https://www.phnompenhpost.com/national/undp-australia-pledge-continued-support-social-welfare-scheme

Gov’t to form financial controlling groups

The Ministry of Economy and Finance (MEF) plans to establish financial controlling groups at each ministry whose function would be to review and approve both the expense budget proposals and procurements of respective ministries and institutions in consultation with the Financial Management Information System (FMIS), ...

Kang Sothea
https://www.khmertimeskh.com/501169891/govt-to-form-financial-controlling-groups/

Number of factories in Cambodia grows from 64 in 1997 to 1,326 in 2023, says Prime Minister Hun Sen

During a meeting with nearly 20,000 workers and employees in the Royal Group Phnom Penh Special Economic Zone, on May 26, Prime Minister Hun Sen, said that Cambodia currently has 1,326 factories with more than 840,000 labor force across the country. ...

Khmer Times Staff
https://www.khmertimeskh.com/501297669/number-of-factories-in-cambodia-grows-from-64-in-1997-to-1326-in-2023-says-prime-minister-hun-sen/

PPSP’s profits decline in Q4 last year, but rise on annual basis

The consolidated net profits after tax of the Royal Group Phnom Penh Special Economic Zone (PPSP) of the conglomerate Royal Group of Companies have decreased 95.21 percent to about $0.18 million in the last quarter of 2022 compared to over $3.82 million in the same ...

Kang Sothear
https://www.khmertimeskh.com/501240205/ppsps-profits-decline-in-q4-last-year-but-rise-on-annual-basis/

Govt sets up teams to monitor development works

The Royal Government of Cambodia (RGC) Saturday announced the establishment of working groups to monitor, review and evaluate the implementation of the development plans and strategic policies of the ministries and institutions based on the slogan ‘Strengthen and Organise Individual Home’. ...

N​h​e​an​ C​ham​ron​g
https://www.khmertimeskh.com/501519498/govt-sets-up-teams-to-monitor-development-works/

Sunwah Group sees investment potential in Cambodia

Hong Kong-based Sunwah Group, along with a group of leading investors, have evinced interest to invest in a range of areas including financial technology to smart city development and property and energy to tourism in Cambodia. ...

Chea Vanyuth
https://www.khmertimeskh.com/501469668/sunwah-group-sees-investment-potential-in-cambodia/

Relocation site has villagers worried

Villagers facing relocation from the site of the planned Lower Sesan 2 dam in Stung Treng province were told last week that they would be moved 15 kilometres from the river they rely on for fishing, a commune chief said yesterday. Seak Mekong, commune chief in ...

http://www.phnompenhpost.com/2013020661210/National/relocation-site-has-villagers-worried.html

Plans Name Developer of Sisowath Quay Site

Architectural plans of a property development that is blamed for causing structural damage to French colonial-era buildings on Phnom Penh’s Sisowath Quay show drawings of a five-story residential building, complete with underground car parking. According to the plans, dated July 11, the mysterious company behind ...

Groups tell ILO to retract ‘right to strike’ claim

An employers and businesses federation that took out paid newspaper advertisements claiming Cambodia’s workers have no fundamental right to strike has hit back at the International Labour Organization (ILO), asking it to retract comments it made in response to the ads. Last week, the Cambodian Federation ...

Shane Worrell
http://www.phnompenhpost.com/national/groups-tell-ilo-retract-%E2%80%98right-strike%E2%80%99-claim

Group Lease boosts Singapore unit to fund Cambodia operation

Group Lease has decided to raise the capital of its wholly owned Singaporean subsidiary Group Lease Holdings to serve as the main funding source for its Cambodian motorcycle leasing operations after six months of satisfactory trial operations there. Cambodia, which is managed by Group Lease’s ...

http://www.nationmultimedia.com/business/Group-Lease-boosts-Singapore-unit-to-fund-Cambodia-30204735.html

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