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CDC approves investments worth $396M in July

The Council for Development of Cambodia (CDC) has greenlighted 44 new investment projects worth $396 million in July 2024. ...

Chea Vanyuth
https://www.khmertimeskh.com/501537398/cdc-approves-investments-worth-396m-in-july/

44 projects worth $396 million given green light

The Council for the Development of Cambodia approved 44 projects in July that have the potential to generate 25,000 jobs, with China standing as the leading investor. ...

Meas Molika
https://kiripost.com/stories/44-projects-worth-396-million-given-green-light

CDC approves nearly 400 investment projects worth over $7.5 billion in one year

From September 2023 to August 2024, in the first year of the 7th-mandate the Royal Government of Cambodia, the Council for Development of Cambodia (CDC) granted licences to 391 new investment projects and production expansion projects with a combined capital of over $7.5 billion. ...

Khmer Times Staff
https://www.khmertimeskh.com/501549890/cdc-approves-nearly-400-investment-projects-worth-over-7-5-billion-in-one-year/

CDC reports 161 percent investment surge

The Council for the Development of Cambodia (CDC) Saturday announced that under the leadership of Prime Minister Hun Manet, the Royal Government of Cambodia (RGC) of the Seventh Legislature has attracted $7.5 billion of investment capital over one year period, marking a 161 percent rise ...

Nhean Chamrong
https://www.khmertimeskh.com/501560387/cdc-reports-161-percent-investment-surge/

IMF urges private sector to continue promoting riel

The International Monetary Fund (IMF) Monday urged members of the Cambodian Chamber of Commerce (CCC) to continue promoting the use of local currency to boost Cambodia’s economy stronger and less vulnerable to the negative effects of exchange rate fluctuations of the international currency. ...

Chea Vanyuth
https://www.khmertimeskh.com/501561130/imf-urges-private-sector-to-continue-promoting-riel/

At Cambodia’s last independent newspaper, top editor fired, foreign journalists quit

All but a handful of foreign journalists on staff at The Phnom Penh Post, Cambodia’s last remaining independent daily newspaper, resigned on Wednesday. Citing differences over the meaning of “editorial independence,” they quit within days after new owners fired its editor-in-chief who refused to remove a published ...

Hul Reaksmey
https://www.voanews.com/a/cambodia-last-independent-newspaper-editor-fired-reporters-quit/4387613.html

Rights groups, former opposition concerned by sale of independent newspaper to investor linked to PM

Human rights groups and former opposition officials have expressed concerns over the impact of the recent sale of the Phnom Penh Post newspaper to a Malaysian investor with historical ties to Prime Minister Hun Sen. ...

Hul Reaksmey
https://www.voacambodia.com/a/rights-groups-former-opposition-concerned-by-sale-of-independent-newspaper-to-investor-linked-to-pm/4386500.html

Newspaper staff protest firing of editor as new owners cull dissenting voices

Kay Kimsong was fired on Monday after representatives of the new owner ordered senior staff to remove an article about the sale from its website, claiming factual inaccuracies.​ ...

Hul Reaksmey
https://www.voacambodia.com/a/newspaper-staff-protest-firing-of-editor-as-new-owners-cull-dissenting-voices/4384807.html

Illegal timber still flowing: EIA

More than one million cubic metres of illegal timber has flowed unhindered from protected areas in Cambodia’s northeast provinces to Vietnam as the latter continues its role as a serial illegal timber trade offender, according to a report issued by the Environmental Investigation Agency. ...

May Titthara
https://www.khmertimeskh.com/50496726/illegal-timber-still-flowing-eia/

Government pushes talks with NGOs

A senior Ministry of Interior official on Tuesday instructed municipal, district and commune authorities to set aside a specific time to hold forums with NGOs twice a year to show the willingness and commitment of sub-national administrations to address their concerns. Secretary of state at ...

Long Kimmarita
https://www.phnompenhpost.com/national/government-pushes-talks-ngos

Ministry set to meet the salt community over challenges

The Minister of Industry and Handicraft will hold a meeting with the Kingdom’s salt community in Kep and Kampot provinces next week to discuss the industry’s challenges, ministry spokesman Oum Sotha said. The meeting comes after the Kingdom’s sole salt industry community, Salt Producers Community ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/ministry-set-meet-salt-community-over-challenges

National Bank of Cambodia slams NGOs’ lending report

The National Bank of Cambodia (NBC) on Thursday slammed a report on predatory lending in the Kingdom by local human rights NGOs Licadho and Sahmakum Teang Tnaut (STT), which was released on Wednesday, as “flawed”. The report, entitled Collateral Damage, claimed that increasing levels of ...

Thou Vireak
https://www.phnompenhpost.com/business/national-bank-cambodia-slams-ngos-lending-report

Ministry: More kids victims of trafficking

Authorities rescued 263 people from human trafficking in the first six months of the year – an increase of nearly 150 per cent on the same period last year – with a large number of the victims being children, the Ministry of Interior said. ...

Long Kimmarita
https://www.phnompenhpost.com/national/ministry-more-kids-victims-trafficking

GMAC says new labour policy could hurt business

The Garment Manufacturers Association in Cambodia yesterday issued a statement asking for the Labour Ministry to reconsider its intent to amend article 89 concerning worker protection and severance pay. ...

Mom Kunthear
https://www.khmertimeskh.com/50491048/gmac-says-new-labour-policy-could-hurt-business/

‘Fake news’ on agenda at summit in Siem Reap

The fight against fake news in the digital era will be on the agenda as Cambodia hosts the 16th Asia Media Summit 2019 attended by some 500 participants from more than 40 countries around the world in Siem Reap province. ...

Long Kimmarita
https://www.phnompenhpost.com/national/fake-news-agenda-summit-siem-reap

Banh: The Khmer Rouge worse than sanctions and pressure Khmer Rouge

Minister of National Defence Tea Banh said on Thursday that having sanctions and external pressure placed on Cambodia was not worse than life under the brutal Khmer Rouge regime. Tea Banh, who is also deputy prime minister, was speaking to military and ruling party officials ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/banh-khmer-rouge-worse-sanctions-and-pressure-khmer-rouge

Golden Dragon military exercises end with bang

Amid a hail of 20,000 bullets, the thud of eight helicopters, a hostage rescue demonstration and choreographed martial arts performances, the joint Chinese-Cambodian Golden Dragon military exercises concluded yesterday as officials from both sides praised the expanding relationship between the two countries. ...

Ben Sokhean and Daphne Chen
https://www.phnompenhpost.com/national/golden-dragon-military-exercises-end-bang

Phnom Penh Post sold to Malaysian investor

Saturday’s announcement by Post Media CEO Bill Clough identified the buyer of the English-language Phnom Penh Post as Sivakumar G., who was described as having an experienced journalist’s background and representing a strong investment group from Malaysia. No price was given. ...

Associated Press
https://www.voacambodia.com/a/phnom-penh-post-sold-malaysian-investor/4382678.html

Cambodia and EAEU fortify ties, consider FTA

Cambodian officials pleaded last week with representatives of the Eurasian Economic Union (EAEU) to include more Cambodian products into the bloc’s joint tariff scheme during a high level diplomatic meeting in Moscow. ...

Sok Chan
https://www.khmertimeskh.com/50497849/cambodia-and-eaeu-fortify-ties-consider-fta/

NBC revokes licenses of 11 rural credit institutions

The National Bank of Cambodia on Wednesday announced it is revoking the licenses of 11 rural credit institutions and rejecting license applications from 12 other credit organisations.​ ...

May Kunmakara
https://www.khmertimeskh.com/50503744/nbc-revokes-licenses-of-11-rural-credit-institutions/

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