Alleged wildlife meat seller busted in B’bang
Authorities in BattamBang province arrested a man on Wednesday for possession of 30 kilograms of illegal wildlife meat and Body parts, after a raid on a property turned up pieces of Bear, muntjac deer and civet. ...
Phak Seangly
http://www.phnompenhpost.com/national/alleged-wildlife-meat-seller-busted-bbang
Massive $23.2B project gets ‘green light’
Several subordinates of a senior minister within the office of the prime minister registered and rubber-stamped a gargantuan $23.2 billion investment project chaired by the minister’s wife, while officials in the know say the project stands little chance of getting off the ground. ...
Jack Davies, Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/massive-232b-project-gets-green-light
$5.4b bill looms for public investment
Cambodia needs more than $5.41 billion for its three-year public investment plan, a government report says. The plan involves 586 projects which include the social sector, economic development, public infrastructure and the public service, the report said. ...
Khmer Times Staff
http://www.khmertimeskh.com/5075680/5-4b-bill-looms-public-investment/
B Kak 15 Petition Sent to Japanese Embassy
Boeng Kak protesters continued their fight for the release of 14 women and one man imprisoned since May 24, delivering a petition to the Senate and the Japanese EmBassy on Friday that they hope will spur new intervention in the long-running land dispute. More than 100 ...
2013 National Budget to Rise Above $3B
Government spending next year will total more than $3 billion, a 16.2 percent increase from the $2.6 billion set aside for 2012, according to a draft of the national budget obtained Friday. The budget states that the government will allocate some $400 million, or 13.32 ...
http://www.cambodiadaily.com/business/2013-national-budget-to-rise-above-3b-5428/
A more personal B Kak dispute makes airwaves
In the past few years, the explosive events at Boeung Kak lake – including violent evictions and arrests – have gone largely unreported outside the Kingdom’s independent media outlets. Outspoken community representative Tep Vanny has Been under attack from her fellow Boeung Kak residents, who ...
B Meanchey Court chief moved to Phnom Penh
Ang Mealatey, the former president of Banteay Meanchey Provincial Court, was appointed president of the Phnom Penh Municipal Court on Monday, ending the eight-year tenure of Chiv Keng. Justice Minister Ang Vong Vathana and Supreme Court President Dith Munty presided over the ceremony of around 100 ...
Eang Mengleng and Matt Blomberg
http://www.cambodiadaily.com/news/b-meanchey-court-chief-moved-to-phnom-penh-56905/
B Kak factions file competing lawsuits over clash
Rival factions in the increasingly bitter dispute over land in Phnom Penh’s boeng Kak neighborhood filed lawsuits against each other at the Phnom Penh Municipal Court yesterday over a clash late last month. The two sides, in what once was a unified front against the neighborhood’s ...
Mech Dara
http://www.cambodiadaily.com/news/b-kak-factions-file-competing-lawsuits-63868/
Outstanding credit could reach $30B by 2020
The total amount of loans in Cambodia’s banking sector could rise to $30 billion by 2020, according to a report released today by Mekong Strategic Partners, a new investment and advisory fund. Amid such growth, banks will be challenged to drastically expand their operations and will ...
George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/outstanding-credit-could-reach-30b-by-2020-69127/
Parliament set to mull $3.75b budget
Education and health are set to receive large boosts in funding next year, according to the draft budget waiting approval at the National Assembly, which outlines total government spending of $3.75 billion. The draft budget allocates $324 million to the health ministry, up 24.7 per ...
Kevin Ponniah
http://www.phnompenhpost.com/post-weekend/parliament-set-mull-375b-budget
Domestic production strengthens as F&B imports fall
Food and beverage imports to Cambodia have fallen over the past 12 months, marking a notable shift in domestic production and the public’s recognition of the “Made in Cambodia” brand, officials say. Cambodia spent around $223 million on food and beverage imports to supply the domestic ...
Chan Muyhong
http://www.phnompenhpost.com/domestic-production-strengthens-fb-imports-fall
Question time Village rep arrested in B Meanchey
A village representative was arrested on Saturday and sent for questioning yesterday at Banteay Meanchey Provincial Court over allegations of private property destruction in a long-running land dispute with the sister-in-law of Deputy Prime Minister Ke Kim Yan and Chhay Chhay Investment, according to a ...
Chhay Channyda
http://www.phnompenhpost.com/national/question-time-village-rep-arrested-b-meanchey
Land disputant freed on bail in B Meanchey
A community representative was released on bail by banteay Meanchey Provincial Court on Tuesday, after he was arrested and charged with disturbing private property. ...
Chhay Channyda
http://www.phnompenhpost.com/national/land-disputant-freed-bail-b-meanchey
CDC gives nod to $3.5B in projects
The Council for Development of Cambodia (CDC) approved projects worth a total $3.5 billion in the first half of this year – a 14 per cent increase compared to the same period last year, a statement released on Saturday said. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-gives-nod-35b-projects
Cambodia welcomes $5b in investments in H1
The government approved $5.2 billion worth of investment in the first half of 2019, a 48.5 percent hike compared to the corresponding period last year, with officials claiming the figure reflects investors’ growing confidence in the country. ...
May Kunmakara
https://www.khmertimeskh.com/50629643/cambodia-welcomes-5b-in-investments-in-h1/
Tax, customs revenue hits $1.68B this year
Cambodia collected some $1.68 billion in revenue from customs and taxation during the first three months of this year, said Prime Minister Hun Sen. Speaking recently at the 18th Government-Private Sector Forum, he said revenue from the Kingdom’s customs fees accounted for about $668 million ...
Hor Kimsay
https://www.phnompenhpost.com/business/tax-customs-revenue-hits-168b-year
Sokha orders destruction of timber trucks in B’bang
National Military Police commander Sao Sokha ordered the destruction on Monday of 10 makeshift vehicles that were used in forestry crimes in BattamBang province. Sokha, who is also chairman of the National Committee for Prevention and Crackdown on Forestry Crimes, ordered officers to destroy them ...
Soth Koemsoeun
https://www.phnompenhpost.com/national/sokha-orders-destruction-timber-trucks-battambang
Koh Kong ‘Vacation Town’ to cost $1.2B
Union Development Group (UDG), the Chinese developer behind Koh Kong province’s $3.8 billion tourism project called Dara Sakor, has unveiled plans for yet another project called “Tourism Vacation Town”. The announcement comes despite the company releasing little information about its previously touted venture. ...
Hor Kimsay
https://www.phnompenhpost.com/business/koh-kong-vacation-town-cost-12b
National debt hits $5.7B, but deemed manageable
Cambodia’s national debt stood at $5.7 billion as of the end of June, totalling about a third of GDP, according to a report on the national budget submitted to the National Assembly yesterday. ...
Cam McGrath and Sorn Sarath
http://www.phnompenhpost.com/business/national-debt-hits-57b-deemed-manageable
Tax revenues grow state coffers by $1.3B
Revenue from tax collection jumped 25 per cent in 2015, government officials revealed yesterday, saying the tax department has collected about $1.3 billion on the back of better compliance and awareness among the private sector.At a seminar in Phnom Penh, Kong Vibol, director of the ...
Sor Chandara
http://www.phnompenhpost.com/business/tax-revenues-grow-state-coffers-13b