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New national holiday to remember victims

The government has set May 20 as a National Day of Remembrance, an official national holiday to commemorate the victims and suffering that occurred during the Democratic Kampuchea regime. According to a government sub-decree signed by Prime Minister Hun Sen on February 14, the holiday was ...

Pech Sotheary
http://www.khmertimeskh.com/50109655/new-national-holiday-remember-victims/

Ticon follows factory shift to Cambodia

Ticon Industrial Connection Plc, a Thai-based factory and warehouse developer, is expanding its operations into fast-growing Southeast Asian economies, including Cambodia, to help offset sluggish growth at home. ...

Cam McGrath
http://www.phnompenhpost.com/business/ticon-follows-factory-shift-cambodia

Cooperation agreement with China

The Cambodia Chamber of Commerce (CCC) and China Foreign Trade Center on Tuesday signed a cooperation agreement with the aim of exchanging business and investment information between the two countries. CCC director-general Nguon Meng Tech told Khmer Times yesterday after the agreement signing that both sides ...

May Kunmakara
http://www.khmertimeskh.com/news/33162/cooperation-agreement-with-china/

Slowdown in services sector

A slow growth in tourism, and a slowdown in the logistics and real estate sectors could cumulatively have a knock-on effect that will threaten the overall growth of the country’s services sector, a report from the Ministry of Economy and Finance said yesterday. ...

Sok Chan
http://www.khmertimeskh.com/news/34626/slowdown-in-services-sector/

Kingdom’s economy insulated: officials

Speakers at a government forum held yesterday on macroeconomic management and the 2017 budget law said Cambodia’s strong economic growth has been largely unscathed by China’s slowdown, though clouds were forming on the horizon. ...

Hor Kimsay
http://www.phnompenhpost.com/business/kingdoms-economy-insulated-officials

Rainy season comes with warning

The rainy season will start in the first week of May, with heavy rain, storms and thunder, the Water Resources and Meteorology Ministry predicts. Some areas on the plains face high risks from heavy rain in the middle of the season. ...

Pech Sotheary
http://www.khmertimeskh.com/news/37611/rainy-season-comes-with-warning/

Deal gives UAE more confidence to invest

The Kingdom’s investment authority signed an agreement yesterday to promote and protect investments between the United Arab Emirates (UAE) and Cambodia, a move government officials hope will attract foreign direct investment from the oil-rich Gulf state, which currently stands at almost zero. ...

Hor Kimsay
http://www.phnompenhpost.com/business/deal-gives-uae-more-confidence-invest

Rice deal cooking with Bangladesh

Cambodia and Bangladesh announced a potentially massive rice deal yesterday that would deliver up to 1 million tonnes of local rice to the South Asian nation over the next five years, provided they agree on the pricing terms. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-deal-cooking-bangladesh

EIA study for marine fish farm

The investor in Cambodia’s first large scale marine fish farm project in Preah Sihanouk province, that was approved by the Council for the Development of Cambodia (CDC) in April, has been asked to submit an environmental impact assessment study to the Ministry of Environment before ...

Chea Vannak
http://www.khmertimeskh.com/5079194/eia-study-marine-fish-farm/

Revenue for Ministry of Land on the increase

In 2017, the Ministry of Land Management, Urban Planning and Construction (MLMUPC) collected about 371 billion riel (about $ 92 million) in revenue last year, according to a report from the ministry. The income from taxes on property transfers alone collected by the General Department ...

Sum Manet
http://www.khmertimeskh.com/5099644/revenue-ministry-land-increase/

Lèse majesté law in works for Cambodia

The Ministry of Justice today confirmed that a proposed lèse majesté law would be among a series of legal amendments considered by the Constitutional Council on Friday. ...

Mech Dara and Andrew Nachemson
http://www.phnompenhpost.com/national/lese-majeste-law-works-cambodia

Gov’t okays $5 bil for 2017 budget

The National Budget 2017 was approved on Friday by the Council of Ministers, with a government expenditure of about $5.04 billion. This represents an increase of about 15.6 percent compared to the 2016 budget of $4.36 billion, according to a government statement. ...

Sum Manet
http://www.khmertimeskh.com/news/31146/gov---t-okays--5-bil-for-2017-budget/

900,000 Chinese tourists in 2016

Cambodia last year recorded around 900,000 Chinese tourist arrivals and the kingdom is on track by 2020 to host about seven million foreign tourists, with two million of them coming from mainland China, according to the Tourism Ministry yesterday. ...

Chea Vannak
http://www.khmertimeskh.com/news/33864/900-000-chinese-tourists-in-2016/

2017: A good year for fish

Cambodians can expect up to 14,000 tons of fish caught from the Tonle Sap, Mekong and Bassac rivers this year, a 5,000 ton increase compared with last year, which will be sufficient to meet all local demand, said the Ministry of Agriculture, Forestry and Fisheries ...

Sok Chan
http://www.khmertimeskh.com/news/34057/2017--a-good-year-for-fish/

Thailand port hope for Cambodian farmers

Cambodian farmers may be able to cut export costs from the middle of the year if an agreement is signed letting them send their produce through the Thai port of Laem Chabang. ...

Sok Chan
http://www.khmertimeskh.com/news/34243/thailand-port-hope-for-cambodian-farmers/

Battambang dam 98 percent complete

Construction of a $100 million dam project and the largest reservoir in Battambang province is 98 percent complete and scheduled to be finished before Khmer New Year in April. ...

Taing Vida
http://www.khmertimeskh.com/news/34258/battambang-dam-98-percent-complete/

Singapore, Cambodia say sand exports have stopped

The controversial exporting of Cambodian sand to Singapore has finally—if temporarily—been stopped, according to officials from the two countries, amid long-running criticism over discrepancies in shipment records and environmental damage. ...

Kuch Naren
https://www.cambodiadaily.com/news/singapore-cambodia-say-sand-exports-have-stopped-123915/

Record growth in insurance

Cambodia’s insurance industry saw record growth in 2016 and was valued at $113 million, according to a report from the Insurance Association of Cambodia (IAC). ...

Sok Chan
http://www.khmertimeskh.com/news/35153/record-growth-in-insurance/

After meet, UN rep mum on politics

Keep out of Cambodia’s internal affairs.This was the message delivered yesterday by Cambodia’s Minister of Foreign Affairs Prak Sokhonn to country director for the United Nations office of the High Commissioner for Human Rights Wan-Hea Lee at a meeting to discuss cooperation. ...

Touch Sokha
http://www.phnompenhpost.com/national/after-meet-un-rep-mum-politics

UN vows Khmer Rouge trial aid

Cambodia and the United Nations have vowed to find more funds to support the Extraordinary Chambers in the Courts of Cambodia, according to the Council of Ministers.   ...

Ros Chanveasna
http://www.khmertimeskh.com/news/36896/un-vows-khmer-rouge-trial-aid/

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