Vinci sees more airport opportunities
French construction and concessions group Vinci expects to see considerably more opportunities to acquire airport concessions in the next two years, its chief executive said on Thursday Vinci’s concessions unit, the operator of nine regional airports in France and Cambodia’s three main airports, is keen on ...
http://www.reuters.com/article/2012/09/20/vinci-acquisitions-idUSL5E8KK43020120920
Registered business numbers increased
The number of businesses registered with the Ministry of Commerce climbed by more than 10 per cent year on year during the first half of 2012, ministry data showed. Officials credited the government’s piecemeal efforts to institute a transparent investment policy and gross domestic product growth, ...
Cambodia's Anti-Corruption Unit receives 800 complaints in 8 months
Cambodia’s Anti-Corruption Unit (ACU) has received about 800 corruption-related complaints in the first eight months of this year, exceeding the whole last year of only 700 cases, Om Yintieng, ACU’s Chairman, said Thursday Cambodia is riddled with bribery and corruption. The Government of Cambodia sees corruption ...
Cambodian parliament passes judicial reform laws amid opposition boycott
Cambodia’s ruling party- controlled National Assembly has unanimously passed three laws, designed to strengthen the country’s judicial system, despite ongoing boycott of parliament by the main opposition party. The Law on the Organization of the Judiciary was adopted on Thursday, and the Laws on the Organization ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-05/23/c_133355900.htm
Exports to the US see slight rise
Cambodia’s exports to the United States, the country’s biggest market, were valued at about $2.8 billion last year, a three per cent rise from $2.7 billion in 2012, according to fresh statistics from the US Department of Commerce. Ken Ratha, a spokesman for Cambodia’s Ministry of ...
Hor Kimsay
http://www.phnompenhpost.com/business/exports-us-see-slight-rise
Cambodian opposition holds rally at its headquarters
The main opposition Cambodia National Rescue Party (CNRP) held a people’s congress at its headquarters here on Sunday after the government denied permission for the party to stage the rally at the Freedom Park. The congress, which was led by CNRP’s President Sam Rainsy and attended ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-03/30/c_133224942.htm
Cambodia set for more bilateral FTAs
The Cambodian government is pushing for the establishment of more bilateral free trade agreements with main trade partners in a bid to access wider markets for the country’s products. ...
Chea Vanyuth
https://www.khmertimeskh.com/501178750/cambodia-set-for-more-bilateral-ftas/
Vietnam Plans to Add Border Gates Along Border With Cambodia
Vietnam plans to build 13 new border gates along the boundary line with Cambodia to help boost trade that has already been growing between the two Southeast Asian nations. Vietnam and Cambodia will work out plans to add 13 new border gates over the next seven ...
Nguyen Pham Muoi
http://blogs.wsj.com/searealtime/2013/08/29/vietnam-plans-to-add-border-gates-along-border-with-cambodia/
Siem Reap sees property gains fuelled by tourism, economic integration
Siem Reap city land prices have continued to increase year-on-year since 2008, despite the impact of the global economic crisis elsewhere. Sorn Seap, general manager of KEY Real Estate, said that land prices in Siem Reap city in early 2014 saw an increase of 15 per ...
Climate action plan needed
World Bank President Jim Yong Kim said yesterday that climate change will be a concern in some Asian countries, including Cambodia. He encouraged the countries to find ways to manage any affects on their economies. Economists recognize it will lower growth in some main sectors of the economy – ...
http://www.phnompenhpost.com/index.php/2012101259257/Business/climate-action-plan-needed.html
Inflation Hits 14-Month High As Food Prices Continue to Rise
Inflation rose to 6.5 percent in May when compared to the same time last year, marking a 14 month high. Consumer prices are also shown to have risen by 1.4 percent with meat, fish and vegetables as the main culprit as they increased as well. ...
EU crisis hurting silk sector
Europe’s continued economic troubles have weighed heavily this year on Cambodian silk producers, officials and industry insiders said yesterday. Debt woes in the euro zone, the Kingdom’s main export market for silk, have caused job losses, among other issues, according to officials. Cambodian Craft Cooperation, ...
Rann Reuy
http://www.phnompenhpost.com/index.php/2011120153074/Business/eu-crisis-hurting-silk-sector.html
Bidding on major artery renovation to begin next month
The Ministry of Public Works and Transport yesterday announced that the renovation of National Road 4, which connects the capital with Sihanoukville in the south, will begin early next year. The ministry said bidding for the project will start in September. National Road 4 is one ...
Chea Vannak
https://www.khmertimeskh.com/50635502/bidding-on-major-artery-renovation-to-begin-next-month/
Cambodians stopped at Thai border
Police patrolling the Thai border yesterday stopped close to 160 Cambodians who were attempting to illegally cross into Thailand from Banteay Meanchey province to work. Chan Mab, the police chief in O’bey Chorn district, told Khmer Times that his men were tipped off that 157 Cambodians ...
Mom Kunthear
http://www.khmertimeskh.com/news/30520/cambodians-stopped-at-thai-border/
Cambodia weather predication under Dipole Model Index’s influence
Under the effect of Dipole Model Index, Cambodia will experience extreme hot weather with minimum rainfall, increasing thunderstorms, lightning and strong wind during Dry season in March and April. The situation continues to strike until the end of July. Good amount of rain reports and ...
Ministry Of Water Resources and Meteorology
PPSEZ revenue drop due to land sales
The 50 percent drop in revenue of the Phnom Penh Special Economic Zone (PPSEZ) recently announced for the first nine months of the year is due mainly to a significant decline in land sales, a senior official said yesterday. According to the initial, un-audited revenue statement ...
May Kunmakara
http://www.khmertimeskh.com/news/32100/ppsez-revenue-drop-due-to-land-sales/
Cambodia pledges to fight terrorism threat
Cambodia has vowed to improve collaboration with regional partners in a bid to enhance counter-terrorism cooperation while there is no sign of terrorism in the country, according to a senior government official.The pledge was made during a two-day Asean Defence Ministers meeting that kicked off ...
Ros Chanveasna
http://www.khmertimeskh.com/50107117/cambodia-pledges-fight-terrorism-threat/
Heavy spending for Chinese New Year
Chinese-Cambodians have been busier than usual buying decorations and religious items for Chinese Year New which starts today.Shops yesterday were full of customers looking for decorations and other religious items. Flower venders near Sampov Meas pagoda in Phnom Penh were flooded with customers and sellers ...
Chea Vannak
http://www.khmertimeskh.com/news/34805/heavy-spending-for-chinese-new-year/
Sihanoukville port sees steady growth
Revenue at Sihanoukville Autonomous Port increased 13.6 per cent year on year between January and June, port officials confirmed yesterday. As the state-owned enterprise gears up for listing on the Cambodia Securities Exchange, the neighbouring Sihanoukville Special Economic Zone will play an increasingly important role in ...
http://www.phnompenhpost.com/index.php/2012070357157/Business/sihanoukville-port-growth.html
Cambodia has 960 garment, footwear factories: labor minister
Garment and footwear industry, Cambodia’s largest foreign exchange earner, currently consists of 960 factories, employing some 620,000 workers, labor minister Ith Samheng said Thursday. The sector made a revenue of 5.5 billion U.S. dollars last year, accounting for around 80 percent of the country’s total exports, ...
Asean - China Centre News Staff
http://www.asean-china-center.org/english/2014-04/24/c_133287164.htm