Cambodia's parliament approves $3.9 bil. budget for 2015
Cambodia’s National Assembly has adopted the government’s $3.9 billion budget for 2015 over the objections of opposition lawmakers, the parliament’s spokesman said Saturday. Spokesman Chheang Von of the ruling Cambodian People’s Party told Kyodo News that the budget was approved late Friday by 65 of the ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/kyodo-news-international/141129/cambodias-parliament-approves-39-bil-budget-2015
New $2.9m mosque inaugurated in Phnom Penh
At the edge of a sand-filled Boeng Kak lake in Phnom Penh on Friday, Prime Minister Hun Sen inaugurated the country’s newest—and largest—mosque, which was privately funded by a Dubai-based businessman at a cost of $2.9 million. ...
Khuon Narim and Mech Dara
https://www.cambodiadaily.com/news/new-2-9m-mosque-inaugurated-in-phnom-penh-80904/
Cambodia’s int’l trade value up 9 percent
The value of Cambodia’s international trade increased by about 9 percent in the first six months of this year compared with the same period last year, according to the latest data from the Commerce Ministry. ...
Kang Sothear
https://www.cambodiadaily.com/business/cambodias-intl-trade-value-up-9-percent-91908/
Cambodia and China Ink Aid, Trade Deals
Prime Minister Hun Sen and a visiting top Chinese official on Saturday presided over the signing of 29 letters and memoranda covering a broad range of business and military deals, including a $195.5 million loan for Cambodia to purchase Chinese-made military helicopters. A summary of ...
First 10 months of year's exports up 32.9 percent
Exports from Cambodia increased 32.9 percent to $3.7 billion during the first ten months of this year compared to the same period in 2010, according to data released by the Ministry of Commerce yesterday. Milled rice exports saw the biggest increase with a 161.5 percent jump ...
Forestry crimes decrease by 9 percent in 2015, report says
Forestry crimes fell by around 9 percent last year compared to 2014, according to an annual report released by the Ministry of Agriculture on Friday. ...
Khuon Narim
https://www.cambodiadaily.com/news/forestry-crimes-decrease-by-9-percent-in-2015-report-says-109231/
ADB gives Kingdom $9.2M loan for solar farm
The Asia Development Bank (ADB) announced yesterday that it will provide a $9.2 million loan to Singapore-based energy provider Sunseap Group for the construction of Cambodia’s first large-scale solar farm. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/adb-gives-kingdom-92m-loan-solar-farm
Economy to grow at 6.9 percent in 2018, NBC
The economy will grow by 6.9 percent this year, according to projections from the National Bank of Cambodia (NBC), spurred by the robust performance of the tourism, construction and garment sectors. ...
May Kunmakara
http://www.khmertimeskh.com/50101290/economy-grow-6-9-percent-2018-nbc/
Lightning strikes kill 100 people in Cambodia in 9 months
Lightning strikes have killed at least 100 people in Cambodia in the first nine months this year, down 3 percent from 103 deaths in the same period last year, a disaster control official said Tuesday. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-10/08/c_132779811.htm
Cambodia's insurance industry reports 20 pct growth in 9 months
Cambodia’s insurance industry recorded a total premium of 31 million U.S. dollars in the first nine months of the year, up 20 percent compared with the same period last year, figures showed Tuesday. It said during January-September period this year, the total amount of claims paid ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-11/12/c_132882328.htm
Lending at Cambodia's banks increases 17 pct in 9 months
Cambodia’s banking sector has seen 17 percent rise in lending in the first nine months of the year, the central bank’s figures showed Thursday. The kingdom’s 34 commercial banks had provided a total loan of 6.89 billion U.S. dollars to customers by the end of September ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-11/21/c_132907523.htm
Cambodia's trade with China up 31 pct in 9 months
The bilateral trade volume between Cambodia and China rose by 31 percent in the first nine months of the year thanks to closer ties between the two governments, Chinese Ambassador to Cambodia Bu Jianguo said Thursday. From January to September this year, the two-way trade volume ...
ECNS News Staff
http://www.ecns.cn/business/2013/11-15/88574.shtml
Cambodia sees slowdown in new business numbers in 9 months
The Cambodian Ministry of Commerce said Friday that it had granted operating licenses to 2, 223 new companies in the first nine months of 2013, down 14.6 percent compared with 2,606 new firms over the same period last year. From January to September this year, the ...
Global Times News Staff
http://www.globaltimes.cn/content/821915.shtml#.UnZHp_lgd8E
Cambodia's anti-graft agency receives 728 complaints in 9 months
The Cambodia’s Anti-Corruption Unit (ACU) had received 728 corruption-related complaints in the first nine months of this year, down 16 percent from the same period last year, the agency said in a statement on Sunday. “From January to September 2014, the ACU had received a total ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140928/cambodias-anti-graft-agency-receives-728-complaints-9-months
Police arrest 9 for suspected kidney ring at military hospital
Police arrested nine people, including Chinese and Vietnamese nationals, on Saturday in connection with a kidney trafficking ring involving the state-run Preah Ket Mealea military hospital, officials said Sunday. Among the nine are the hospital’s director, deputy director and a Chinese professor who was training Cambodian ...
Cambodia imports vehicles worth 554 mln USD in 9 months
Cambodia spent 554 million U.S. dollars to purchase automobiles and motorcycles from foreign countries in the first nine months of this year, up 85 percent from 299 million U.S. dollars a year earlier, according to the Commerce Ministry Friday. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2014-10/31/c_133756588.htm
Rainsy vow to return on Nov 9 dismissed as ‘political warfare’
An announcement from the Supreme Court-dissolved Cambodia National Rescue Party (CNRP) that its “acting president” Sam Rainsy would return to the Kingdom on November 9 was dismissed on Sunday as “political warfare”. ...
Niem Chheng
https://www.phnompenhpost.com/national-politics/rainsy-vow-return-nov-9-dismissed-political-warfare
NBC: Cambodia’s economy to grow by 6.9% in 2015
The projection of National Bank of Cambodia (NBC) on the country’s economic growth this year is slightly lower than that of the Asian Development Bank (ADB), according to the State News Agency-AKP. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/nbc:-cambodia%E2%80%99s-economy-to-grow-by-69-in-2015-9001
Amid $1.9M gift, CMAC boss tempers US aid comments
Seemingly backing away from previous criticism, Heng Ratana, director-general of the Cambodia Mine Action Centre (CMAC), expressed gratitude to the US on Friday for pledging another $1.9 million to the organisation, while still implying that Cambodia is not treated as well as its neighbouring countries. ...
Andrew Nachemson and Niem Chheng
http://www.phnompenhpost.com/national/amid-19m-gift-cmac-boss-tempers-us-aid-comments
Casinos pay $37.4M in tax during first 9 months
Tax revenue from Cambodia’s 69 licensed casinos reached $37.4 million for the first nine months of the year, growing 35.5 percent compared to the same period last year, according to a report from the Ministry of Economy and Finance. ...
Post Staff
http://www.phnompenhpost.com/business/casinos-pay-374m-tax-during-first-9-months