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Japan to provide nearly $250,000 for bridge projects

Japan has agreed to provide nearly $250,000 in aid for reconstruction and development projects in Kratie and Kampot provinces.​ The commitment was made by Ambassador Mikami Masahiro yesterday at the Japanese Embassy in Phnom Penh. ...

Srey Kumneth
https://www.khmertimeskh.com/50703244/japan-to-provide-nearly-250000-for-bridge-projects/

Contract farming law in the pipeline

The Cambodian Government has put the wheels in motion to create a contract farming law together with the purpose of stabilising agricultural commodity prices. It is also aimed at attracting investors and promoting public, private and producer partnerships in the Kingdom. ...

Sok Chan
https://www.khmertimeskh.com/50708026/contract-farming-law-in-the-pipeline/

Airport infrastructure key for Mondulkiri

The development of tourism in Mondulkiri province will require continued investment in transportation infrastructure – particularly in the region’s airport – which will play a vital role to service both tourists and light freight, according to a senior official at the ministry. ...

Sok Chan
https://www.khmertimeskh.com/50722617/airport-infrastructure-key-for-mondulkiri/

Border crime in Interpol’s sights

An ASEAN-first Interpol database tracking transnational crime between Cambodia and Vietnam was launched in Phnom Penh yesterday. Keo Vannthan, head of Cambodia’s Interpol Bureau at the Ministry of Interior, said the European Union had pledged almost US$800,000 to the pilot EU-ASEAN Migration Border Management Program project ...

http://www.phnompenhpost.com/index.php/2012062056891/National-news/border-crime-in-interpols-sights.html

Beeline officials mum on sales buzz

Questions remained yesterday about the fate of mobile operator Beeline Cambodia following the sale of parent company Vimpelcom’s Vietnamese assets earlier in the week. Despite a report on Tuesday in the Russian newspaper Kommersant that sources close to Vimpelcom’s shareholders had said the sale of Cambodian operations was under consideration, company officials ...

http://www.phnompenhpost.com/index.php/2012042555751/Business/beelines-future-in-kingdom-unknown.html

Sanctuary head sued for not stopping forest occupations

Four Bunong and an Adhoc official filed a joint lawsuit against Keo Seima Wildlife Sanctuary head Prum Vibol Ratanak at the Mondulkiri Provincial Court for failing to stop illegal land occupation and the buying and selling of forest land.​ ...

Khorn Savi
https://www.phnompenhpost.com/national/sanctuary-head-sued-not-stopping-forest-occupations

Nike seeks investigation of mass fainting incidents

Global sportswear giant Nike has asked the International Labour Organisation’s industry monitoring body to investigate the two mass fainting incidents at its supplier Sabrina (Cambodia) Manufacturing last week and report its finding to it, Nike said yesterday. “Nike has requested ILO Better [Factories] Cambodia, the industry ...

http://www.phnompenhpost.com/index.php/2012041255580/National-news/nike-seeks-investigation-of-mass-fainting-incidents.html

China may fund Cambodia-Vietnam rail

Cambodia was in discussions with the Chinese government on funding for a 250-kilometre stretch of rail line between Phnom Penh and Vietnam, in what Cambodian officials yesterday called a move away from a “complicated” Asian Development Bank loan. Va Sim Sorya, director general at the Ministry ...

http://www.phnompenhpost.com/index.php/2012061356758/Business/china-to-fund-cambodia-rail.html

Eyes in the sky put illegal logging in focus

Cambodia’s illegal loggers will soon have a potentially powerful new foe: a pair of NASA satellites with a keen interest in what they’re up to. Researchers at the University of Maryland in the U.S. say an innovative new system that picks up signs of forest loss ...

Zsombor Peter
https://www.cambodiadaily.com/news/eyes-sky-put-illegal-logging-focus-121259/

Cambodia receives new Russian request to extradite fugitive tycoon Polonsky

Cambodian prosecutors have received a new request from Russia to extradite Russian businessman Sergei Polonsky, TASS reported on Tuesday. The news agency’s source at the Cambodian Prosecutor General’s Office said the request was based on civil claims filed against Polonsky. He said that those who lost ...

RAPSI News Staff
http://rapsinews.com/judicial_news/20141216/272787888.html

PPWSA settles on IPO price

A price has been set for Phnom Penh Water Supply Authority’s initial public offering, according to the Securities and Exchange Commission of Cambodia, after what was reported to be a significantly oversubscribed book-building process. PPWSA will sell for 6,300 riel, or US$1.57, a share, putting the ...

http://www.phnompenhpost.com/index.php/2012032755267/Business/ppwsa-settles-on-ipo-price.html

Cambodia seeks to export more rice to China

Cambodia should ask China to increase the rice import quota from the Kingdom, said Mr. Song Saran, President of Cambodia Rice Federation, in a consultative meeting with private sector held at the Ministry of Commerce Wednesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/50730663/cambodia-seeks-to-export-more-rice-to-china/

US trade up 35% in Q1

Bilateral trade between Cambodia and the United States has been valued at $1.678 billion for the first quarter of 2020, representing a 35 percent increase compared with the same time last year, according to trade data from the US Government. ...

Chea Vannak
https://www.khmertimeskh.com/50720675/us-trade-up-35-in-q1/

Mondulkiri sanctuary land grabbers charged

In April, 13 suspects were charged in the Mondulkiri Provincial Court for encroaching on forest land in wildlife sanctuaries at Phnom Prich, Srepok, Nam Lear, and Keo Seima, said Ministry of Environment secretary of state and spokesperson Neth Pheaktra.​ ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/mondulkiri-sanctuary-land-grabbers-charged

Angkor Wat records a 99.5 percent drop in monthly revenue

Revenue at Cambodia’s Angkor Archaeological Park has seen a staggering decline in revenue from April ticket sales, as extreme travel restrictions due to the COVID-19 pandemic decimated the Kingdom’s most famous attraction. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50719371/angkor-wat-records-a-99-5-percent-drop-in-monthly-revenue/

New tech centre given boost to help digital startups

The Cambodian government issued a sub-decree establishing the new Techo Startup Centre (TSC) as a public administrative institution aimed at providing opportunities for young people, students and researchers to create new businesses in accordance with the trends and momentum of advancing digital technology. ...

Sok Chan
https://www.khmertimeskh.com/50742408/new-tech-centre-given-boost-to-help-digital-startups/

Cambodia and China set to sign Mekong-Lancang Fund agreement

Foreign Affairs Minister Prak Sokhonn and Wang Wentian, Chinese Ambassador to Cambodia are scheduled to sign the 7.2-million agreement on the cooperation projects of the Mekong-Lancang Cooperation Special Fund at the ministry today, according to the Foreign Affairs Ministry statement. ...

Khann Chanvirak
https://www.khmertimeskh.com/50736925/cambodia-and-china-set-to-sign-mekong-lancang-fund-agreement/

KrisEnergy seeks additional delay to Cambodia Block A scheduled oil extraction

A senior official of the General Department of Petroleum at the Ministry of Mines and Energy said the ministry is reviewing a request letter from Singapore-listed company KrisEnergy asking for a delay to the start of oil extraction in Cambodia Block A. ...

Sok Chan
https://www.khmertimeskh.com/50783454/krisenergy-seeks-additional-delay-to-cambodia-block-a-scheduled-oil-extraction/

Microfinance ‘bad loans’ fall to 2.27% in October

The microfinance sector’s nonperforming loan (NPL) ratio decreased from 2.56 percent in September to 2.27 percent in October after rising from 1.33 percent in January and peaking in May at 2.61 percent. ...

Harrison White
https://www.khmertimeskh.com/50788275/microfinance-bad-loans-fall-to-2-27-in-october/

Rural areas gain clean water

An NGO has plans to supply clean water to 60 rural provinces between 2013 and 2016 in an effort to increase access to water and meet the demand of their citizens. Chai Lo, the founder and country director of 1001 Fontaines, said at the opening of ...

http://www.phnompenhpost.com/index.php/2012111259680/Business/rural-areas-gain-clean-water.html

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