Housing loans up in Cambodia but down in Singapore
Two of the biggest real estate lenders in Cambodia and Singapore this week reported big movements in housing loans in their respective domestic markets. Cambodia’s Acleda Bank saw housing loans jump by 22 percent in the first quarter, year-on-year, and attributed this handsome growth to better ...
Property Report News Staff
http://www.property-report.com/housing-loans-up-in-cambodia-but-down-in-singapore-36957
Nearly $175 million in new investments flow in but can’t keep pace with increasing unemployment
Five more investment projects worth $174.8 million have been approved, according to a press release of the Council for the Development of Cambodia issued on May 22. ...
Khmer Times Staff
https://www.khmertimeskh.com/50726183/nearly-175-million-in-new-investments-flow-in-but-cant-keep-pace-with-increasing-unemployment/
PAS to pay $3M in dividends
State-owned port operator Sihanoukville Autonomous Port (PAS) has announced that it will disburse dividend payments totalling nearly $3 million to its shareholders on June 22. ...
May Kunmakara
https://www.phnompenhpost.com/business/pas-pay-3m-dividends
NCDM: flash flood death toll stands at 39
The National Committee for Disaster Management (NCDM) has reported that the ongoing flash floods have so far killed 39 people, of them 22 in Banteay Meanchey province. ...
Khmer Times Staff
https://www.khmertimeskh.com/50776124/ncdm-flash-flood-death-toll-stands-at-39/
China company plans EV assembly in Cambodia
China Matrix Technology Group-Horche Intelligent Automobile plans to set up a unit to assemble electric vehicles in Koh Kong province, as per a virtual meeting on October 22. ...
Sok Sithika
https://www.khmertimeskh.com/501174221/china-company-plans-ev-assembly-in-cambodia/
Top legislator to attend AIPA-43, pay official visits to Cambodia, Philippines
Chairman of the National Assembly Vương Đình Huệ will attend the 43rd ASEAN Inter-Parliamentary Assembly (AIPA-43) and pay an official visit to Cambodia on November 19-22. ...
Khmer Times Staff
https://www.khmertimeskh.com/501187265/top-legislator-to-attend-aipa-43-pay-official-visits-to-cambodia-philippines/
Officials join environmental crime seminar
Seven Cambodian delegates attended a meeting on “Joint Inter-Institutional Response to Environmental Crimes and Biological Threats” held on March 22 to 23, in Bangkok, Thailand. ...
Post Staff
https://www.phnompenhpost.com/national/officials-join-environmental-crime-seminar
‘Encouraging’ gold prospects in Kratie
Initial yields from deposits in Kratie province have prompted Indochine Mining Limited to announce that they were ‘encouraging.’ Results from the drilling will be released in two weeks. The drilling was focused on two target sites within Kratie province. ...
Forestry, wildlife crimes drop at Koh Kong sanctuary
Koh Kong provincial authorities said on Sunday that illegal forestry and wildlife trafficking crimes have decreased considerably at the Peam Krasop Wildlife Sanctuary, although authorities are still investigating cases of encroachment on state land at the site. ...
Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/forestry-wildlife-crimes-drop-koh-kong-sanctuary
Plans for solar-powered industrial park illuminated
A joint venture between South Korean and Cambodian investors is planning to establish an industrial park on approximately 100 hectares in Kampong Chhnang province with an on-site solar farm to provide cheap electricity for its tenants. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/plans-solar-powered-industrial-park-illuminated
Data drive revenue growth for smart
Malaysia-based Axiata announced yesterday that its Cambodian operator Smart had increased its data user base by 135 per cent, taking its data subscriber base to 1.8 million and feeding Cambodian consumers’ insatiable appetite for social media sites. ...
Ananth Baliga
http://www.phnompenhpost.com/data-drive-revenue-growth-smart
Anniversary Marked With Fiery Demonstration
Residents of Phnom Penh’s Boeng Kak neighborhood burned straw effigies symbolizing corrupt government officials yesterday to mark the one-year anniversary of the demolition of eight homes at the contested site. Roughly 100 protesters gathered at the site of the demolitions and set fire to eight scarecrow-like effigies- one ...
New Zealand provides Cambodia with 3.7 mln USD to preserve Angkor Wat
The government of New Zealand on Wednesday signed up to provide Cambodia with 3.7 million U.S. dollars for the preservation and protection of Angkor Wat Temple, one of the world heritage sites, said a news statement from the Cambodian government. Bun Narith, director general of Apsara ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-06/04/c_133383466.htm
Plot thickens for evictees
Scores of families in Phnom Penh’s Borei Keila community tore down a corrugated metal fence and took up temporary residence in developer Phan Imex’s unfinished Building 9 as anger over smaller-than-promised relocation plots boiled over yesterday morning. The occupation began after local and municipal authorities came ...
Khouth Sophak Chakrya and Stuart White
http://www.phnompenhpost.com/national/plot-thickens-evictees
Ministry to test mosquitos for Zika
Officials from the National Center for Parasitology, Entomology and Malaria Control (CNM) of the Health Ministry will visit three sites in Phnom Penh today in order to catch and test mosquitoes and larvae for the Zika virus. ...
Mom Kunthear
http://www.khmertimeskh.com/news/20993/ministry-to-test-mosquitos-for-zika/
Geopacific shines on latest test drill results
Australian mining firm Geopacific Resources Ltd has made a new discovery of high-grade gold and silver mineralisation during exploratory drilling at a remote site in northern Cambodia, the company said in an announcement yesterday. ...
Cam McGrath
http://www.phnompenhpost.com/business/geopacific-shines-latest-test-drill-results
Protesters want government to revitalize dilapidated beach
A representative of 18 vendors in Sihanoukville asked the government for help in reviving the area where they used to live and work, claiming that the half-finished construction sites destroyed the area and any businesses operating there. ...
Chea Takihiro
http://www.khmertimeskh.com/news/16930/protesters-want-government-to-revitalize-dilapidated-beach/
PM says Facebook good for governance
Responding yesterday to criticism calling the Cambodian government a “Government of Facebook,” in which its officials are paid to play on the popular social media site, Prime Minister Hun Sen said that his was in fact an E-government. ...
Ven Rathavong
http://www.khmertimeskh.com/news/21315/pm-says-facebook-good-for-governance/
New body to protect Koh Ker
Local authorities in Preah Vihear province are teaming up with the Apsara Authority to protect the 8,100 hectares of land surrounding the Koh Ker archaeological site, which they say is under threat from illegal loggers and intrusive settlers. ...
Kong Meta
http://www.phnompenhpost.com/national/new-body-protect-koh-ker
Mines Ministry alleges slander
The Ministry of Mines and Energy has accused a Kandal province businessman of defamation and operating an illegal digging site, a few weeks after he allegedly shot into the ground to scare off officials trying to inspect his land. ...
Kong Meta
http://www.phnompenhpost.com/national/mines-ministry-alleges-slander