Trat businesses prepare for boon as Cambodian industrial estate opens
Businesses in Trat province have been told by officials to shape up and prepare for massive new opportunities when Cambodia opens the Koh Kong Industrial Estate later this month. The industrial estate, close to the Trat border, will be inaugurated by Cambodian prime minister Hun Sen ...
Be prepared to promote nation at World Jamboree, scouts told
Before they left for the 25th World Scout Jamboree in South Korea, Hang Chuon Naron, Minister of Education, Youth and Sport and President of the Cambodian National Scouts advised the Cambodian National Scout delegation that it must uphold and maintain national dignity on the international ...
Torn Vibol
https://www.khmertimeskh.com/501334575/be-prepared-to-promote-nation-at-world-jamboree-scouts-told/
CAMBODIA HOSTED 7TH ASIA ECONOMIC FORUM
Cambodia, on Saturday, hosted the 7th Asia Economic Forum ( AEF) under theme of “The Asian Century in the Making: Achievements, Challenges and Future Trends” while highlighting the majority of the region’s demonstrated remarkable resilience against the global economic and financial crises, while major superpowers ...
Private Ship Registry Did Not Monitor Compliance
The privately-operated International Ship Registry of Cambodia (ISROC), a South Korea-based company that owns the rights to register foreign vessels under the Cambodian flag, told ship owners last year that it was not monitoring their observance of international maritime laws, and that it was their ...
Denise Hruby
http://www.cambodiadaily.com/news/private-ship-registry-did-not-monitor-compliance-48532/
Govt provides robust assistance to 1.3 million migrant workers
A senior official at the Ministry of Labour said that as of June, 2024, there were approximately 1.3 million Cambodian migrant workers living abroad, with most of them located in Thailand and South Korea. ...
Chinese 'no-strings' loans come at a cost
As government borrowing from China continues to increase, a new study released yesterday showed that Chinese concessional loans carry higher interest than any others. According to the study, released by the NGO Forum on Cambodia at a workshop in Phnom Penh, China’s average interest rate on ...
Vattanac: A Tale of Two City Developments
Vattanac may still be a family business, but a symbol of its big aspirations can be seen emerging from Phnom Penh’s skyline on Monivong Boulevard, where the company is building a 38-story tower that will house its headquarters next year. The tower, which was designed ...
Foreign investment in Cambodia’s property rises
Property experts say foreign companies are coming to invest in Cambodia’s property sector, as they see the growth and potential of the Kingdom. Sung Bonna, director of Bonna Realty Group, said that the number of foreign companies in the sector has grown, and most are from ...
Thousands fall for Korean work scam
Alleged ringleaders of an overseas employment scam the Ministry of Labour says bilked thousands of clients out of money were charged with fraud in Phnom Penh on Friday. Oun Sarath, 30, and Kim Sophat, 29, the director and marketing manager, respectively, of recruiting firm You Can ...
Sen David
http://www.phnompenhpost.com/national/thousands-fall-korean-work-scam
Cambodia's special economic zones attract 1.65 bln USD investment since inception
Cambodia’s Special Economic Zones (SEZs) have received a total investment of 1.65 billion US dollars since their inception in 2006, according to a government report released on Friday. Since 2006 to now, the zones have attracted 172 investment projects, mostly from China, South Korea and Japan, ...
Global Times News Staff
http://www.globaltimes.cn/content/817196.shtml#.Ult7xz_vrbw
Porsche dealership to open
The newly appointed local distributor of German carmaker Porsche broke ground yesterday on a $2 million dealership that is set to open within eight months across from the Phnom Penh International Airport on Russian Boulevard. Equipped with four service bays, the planned Porsche Centre Phnom Penh ...
Eddie Morton
http://www.phnompenhpost.com/business/porsche-dealership-open
Free trade deals yet to come to fruition
The negotiations on the Kingdom’s proposed free trade deal with South Korea are progressing slowly despite the fact all parties aimed to come up with finalised drafts by the end of 2020. However, the China-Cambodia Free Trade Agreement CC-FTA) ratification is to be announced early ...
Sok Chan
https://www.khmertimeskh.com/50802798/free-trade-deals-yet-to-come-to-fruition/
Construction sector totaled $5.3b in 2021
Construction investment in Cambodia totaled $5.3 billion in 2021, mainly from China, South Korea, and Japan, according to the Ministry of Land Management, Urban Planning and Construction. The ministry also revealed a total of 4,303 construction projects were approved by the government in 2021. ...
Seng Mengheng
https://kiripost.com/stories/construction-sector-totaled-53b-in-2021
Hospitality sector booked out for Lunar New Year
When Chinese and Vietnamese tourists will flock into Cambodia’s Siem Reap province for Lunar New Year, heightened demand for accommodation may make things tough, insiders say. Ang Kim Eang, president of the Cambodian Association of Travel Agents, said that while many Chinese and Vietnamese tourists will ...
Appeal Begins in Cambodia-Related Fraud Case
An appeal hearing in South Korea involving the CEOs behind two major property projects in Cambodia involved in a massive fraud scandal is scheduled to begin today, an official at the court in Seoul said. In February, a Seoul court sentenced a raft of executives of ...
Airport Fees Must Be Uniform And Transparent, UN Body Says
Aeronautical fees imposed at airports in countries which are members of the U.N.’s International Civil Aviation Organization (ICAO)- including Cambodia- must be uniformly and transparently applied to all airlines, a spokesperson for the ICAO said yesterday. Last week, airline officials said that a $1,000-per-landing royalty fee ...
Cambodia's Angkor heritage site greets 694,700 foreign visitors in Q1, up 8 pct
Cambodia’s Angkor Wat temples, one of the world heritage sites, received 694,700 foreign tourists in the first quarter of this year, a 8 percent rise from the same period last year, the statistics of Siem Reap provincial tourism department showed Friday. The top three countries visiting ...
Cambodia, Bangladesh ink visa exemption deal for diplomatic, official passport holders
Cambodia and Bangladesh on Friday signed a visa-free agreement for diplomatic and service passport holders in a bid to strengthen bilateral ties in politics, trade, investment and tourism, officials said. The deal was inked here between Long Visalo, secretary of state at Cambodian Ministry of Foreign ...
http://news.xinhuanet.com/english/world/2013-05/03/c_132357925.htm
National testing could widen
Cambodia may soon have new standardised exams to hold its students, teachers and education system accountable. “Everyone agrees that the improved enrolment rates in primary school is an accomplishment; at the same time, everyone also calls for quality-control improvement [which] means better testing,” said Jan ...
Laignee Barron
http://www.phnompenhpost.com/national/national-testing-could-widen
Solo act taking its toll
It was difficult enough for Savoeurn Dimang when, until a month ago, he was one of just three teachers running the local primary school in Kors Kralor district’s Samrong Leu village. But now, with one teacher having left for South Korea and the other bowing out ...
Phak Seangly
http://www.phnompenhpost.com/national/solo-act-taking-its-toll