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Premier predicts high growth

Cambodia’s economic growth could surpass previous estimates and hit 8.7% this year, Prime Minister Hun Sen said in a speech yesterday. Earlier government forecasts estimated growth of 6% for 2011, though increasing garment exports and a strong recovery in the tourism sector have stimulated the economy ...

http://www.phnompenhpost.com/index.php/2011091351608/Business/premier-predicts-high-growth.html

Kingdom’s arable land all but gone

If the government continues to grant economic land and mining concessions at the current rate, there will be no more arable land left in the country to give away within one year, a researcher from the Cambodian Centre for Human Rights said yesterday. Pointing to the ...

http://www.phnompenhpost.com/index.php/2012030154799/National-news/kingdoms-arable-land-all-but-gone.html

Increased residential, office and retail demand fueling rise in construction imports

Cambodia spent more than $414 million on imported construction materials to meet increasing demand in the local construction and property sectors last year – a rise of 7 per cent compared to 2012. According to officials and industry insiders, the increased value of imports reflected steady ...

Sum Manet
http://www.phnompenhpost.com/real-estate/increased-residential-office-and-retail-demand-fueling-rise-construction-imports

Accounting standards miss mark

The first-ever study to measure compliance with Cambodia’s new Law on Accounting and Auditing found few companies willing to talk about their accounting practices, and a low rate of compliance among those that did.   ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/accounting-standards-miss-mark

Phnom Penh school has terrorist ties, Diplomat says

Turkey’s ambassador to Cambodia alleged on Monday that a top international school in Phnom Penh is overseen by the “terrorist organization” behind last week’s thwarted coup in Turkey—prompting a threat of legal action by the school.   ...

Michael Dickison
https://www.cambodiadaily.com/news/phnom-penh-school-has-terrorist-ties-diplomat-says-115595/

KOICA, ChildFund continue partnership in Kratie

The South Korean International Development Agency (KOICA) has agreed to provide more than $1.4 million in assistance to ChildFund Cambodia over the next three years to strengthen the education system for 17 rural primary schools in Chhlong district of Kratie province. ...

Ry Sochan
https://www.phnompenhpost.com/national/koica-childfund-continue-partnership-kratie

PM orders investigation into Koh Kong land grab

Prime Minister Hun Sen yesterday ordered the Koh Kong provincial governor to clarify reports that state mangrove forests in the province have been grabbed and filled with sand to create land for development. Speaking during the closing ceremony for an annual conference on decentralisation, Mr Hun ...

Ven Rathavong
http://www.khmertimeskh.com/50110227/pm-orders-investigation-koh-kong-land-grab/

Government eyeing low-cost housing

An estimated 7.9 million people in Cambodia will be living in urban areas by 2030, up from 4.5 million in 2014, with officials at a forum on national housing yesterday announcing ambitious plans to meet the demand for some 55,000 affordable new homes each year. ...

Touch Sokha and Yesenia Amaro
http://www.phnompenhpost.com/national/government-eyeing-low-cost-housing

Government swaps 30 hectares

The Ministry of Interior is giving 30 hectares of land to a well-connected development company in exchange for a smaller piece of land on the southern outskirts of Phnom Penh. The land swap, announced in a sub-decree signed by Prime Minister Hun Sen on January 18, ...

Mech Dara and Daphne Chen
http://www.phnompenhpost.com/national/government-swaps-30-hectares

Government to improve water treatment facility

The Office Of the Council Of Ministers (OCM) has approved plans to improve and add capacity to water treatment facilities in coastal and construction areas, sewage systems and mud drying facilities in Sihanoukville after they were inspected and assessed by government institutions. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/government-improve-water-treatment-facility

Chevron offer ends Caltex station strike

Employees of Caltex petrol stations in Phnom Penh are returning to work today after management offered to raise salaries by $20 a month and not withhold pay for time missed during the strike, which started earlier this month. ...

Mom Kunthear
http://www.phnompenhpost.com/national/chevron-offer-ends-caltex-station-strike

Governor threatens to dump newly-hired waste company

The Sihanoukville governor yesterday expressed his disappointment over the city’s garbage problem and warned the city’s waste management company that its license could be revoked if they fail to solve the problem within three months. ...

Pav Suy
https://www.khmertimeskh.com/50492835/governor-threatens-to-dump-newly-hired-waste-company/

New fines announced for trash code violators

A stern warning to clean up or pay up was issued to litterbugs yesterday, with Interior Minister Sar Kheng announcing fines for improper waste disposal across the country. According to the sub-decree, people who do not follow guidelines on separating waste, or who dump or ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/new-fines-announced-trash-code-violators

Storms wreak more havoc across 17 provinces

More than 100 homes have been destroyed, another person killed and several people injured as storms continue to cut a swathe through Cambodia. ...

Mom Kunthear
http://www.khmertimeskh.com/news/37774/storms-wreak-more-havoc-across-17-provinces/

Thousands still suffering from floods

A National Committee for Disaster Management report released yesterday said that severe flooding continues to impact some 193,268 people across the Kingdom. ...

Som Kanika
https://www.khmertimeskh.com/50773724/thousands-still-suffering-from-floods/

City Hall: Cooperation key to clean-up

Phnom Penh municipal deputy governor Keut Che told environmentalist youth groups not to misuse environmental forums for political purposes and to work professionally and in cooperation with relevant authorities on environmental issues and rubbish clean-up in the capital. ...

Voun Dara
https://www.phnompenhpost.com/national/city-hall-cooperation-key-clean

Cambodian delegation attends South Korean Green network conference

Cambodia calls on South Korea to expand bilateral cooperation, including private investment in waste management and recycling, carbon credit projects, green financing and human resource development. ...

Sok Raksa
https://www.phnompenhpost.com/national/cambodian-delegation-attends-south-korean-green-network-conference

Acleda, PPCBank granted listing eligibility

Two of Cambodia’s leading commercial banks – locally owned Acleda Bank Plc (Acleda) and South Korean-owned Phnom Penh Commercial Bank Plc (PPCBank) – have been granted listing eligibility from the Cambodia Securities Exchange (CSX). This paves the way for the banks to move forward with plans ...

May Kunmakara
https://www.phnompenhpost.com/business/acleda-ppcbank-granted-listing-eligibility

Recent floods underscore need for action

A regional meeting on disaster risk reduction and climate change wrapped up yesterday with officials pointing to the recent flooding as a reason to take immediate action to prepare for disasters. “We must not sleep or wait for donors to take action,” Ross Sovann, deputy secretary-general ...

http://www.phnompenhpost.com/index.php/2011120153087/National-news/recent-floods-underscore-need-for-action.html

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