Tax revenue from casinos rises sharply in 2015
Thanks to improved collection efforts, a total of $34.7 million in taxes was taken in from Cambodia’s casinos in 2015, a 33 percent increase on the previous year, the Finance Ministry said on Monday. Ros Phearun, deputy director-general of the ministry’s finance industry department, said ...
Kang Sothear
https://www.cambodiadaily.com/news/tax-revenue-from-casinos-rises-sharply-in-2015-105069/
Rainsy exile order lifted, but ex-CNRP leader hints his return is dependent on pardon
The Council of Ministers yesterday ended the ban on the return of former opposition leader Sam Rainsy, an apparent reaction to the latter’s comments the night before on a radio broadcast vowing to come back if the restrictions were dropped. “The government has decided to ...
Mech Dara and Ananth Baliga
http://www.phnompenhpost.com/national/rainsy-exile-order-lifted-ex-cnrp-leader-hints-his-return-dependent-pardon
Sokha arrested for ‘treason’, is accused of colluding with US to topple the government
Police yesterday arrested Cambodia National Rescue Party leader Kem Sokha over allegations of treason, with Prime Minister Hun Sen accusing the opposition president of conspiring with the United States to oust his regime. In a startling escalation in an already deteriorating political climate, the premier ...
Post Staff
http://www.phnompenhpost.com/national/sokha-arrested-treason-accused-colluding-us-topple-government
Coke’s new $100 million plant
Coca-Cola officially opened a new $100 million plant in Phnom Penh yesterday to expand its production capacity to meet increased demand for the Coke beverage in the Kingdom and Asean. The plant, situated on a 12.5-hectare land, in the Phnom Penh Special Economic Zone is able ...
Sok Chan
http://www.khmertimeskh.com/news/32783/coke---s-new--100-million-plant/
Koh Pich to host ASEAN dinner
The new function building at Diamond Island known as Koh Pich City Hall will host the ASEAN Foreign Minister’s dinner on July 12. Completed in March and opened last month, construction of the lavishly furnished venue was timed to coincide with Cambodia’s chairmanship of ASEAN this ...
http://www.phnompenhpost.com/index.php/2012053156497/Business/koh-pich-to-host-asean-dinner.html
Protests continue for 4th day over land dispute
About 250 villagers protested against development firm Phanimex on Thursday as their commune chief faced questioning in Kandal provincial court over an ongoing land dispute. For the fourth consecutive day, villagers from Ponhea Leu commune rallied in front of the court, accusing Phanimex of grabbing 63 ...
Ben Sokhean
http://www.cambodiadaily.com/news/protests-continue-for-4th-day-over-land-dispute-64938/
Mekong floodwaters already above late July levels of 2011
Mekong floodwaters have risen sharply this week and have already surpassed the levels seen at this time of the year during the devastating floods of 2011. In Phum Thom commune in Kien Svay district in Kandal province, local residents observed floodwaters rising about two meters between ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=M2ViMTlkMmFjZTg
Trade deficit prompts call to diversify exports
Cambodia’s trade deficit expanded to almost half a billion dollars during the first three months of the year, according to the latest figures from the Ministry of Commerce. Between January and March, Cambodia’s exports reached $1.99 billion, up 19 per cent compared to the same period ...
May Kunmakara
http://www.phnompenhpost.com/business/trade-deficit-prompts-call-diversify-exports
Truck full of rosewood seized
A provincial military police commander was named yesterday by a major conservationist group as the alleged owner of a huge haul of illegal rosewood confiscated in Kampong Speu province this week. At around 3 a.m. on Tuesday, Wildlife Alliance rangers intercepted a truck carrying 12.5 cubic ...
Phak Seangly and Alice Cuddy
http://phnompenhpost.com/national/truck-full-rosewood-seized
Gov’t requests Chinese funding for rice warehouses
In a bid to stock 1.2 million tonnes of rice paddy, Cambodia has sent a draft memorandum of understanding to China asking the country for a $300 million loan to build more than 10 warehouses nationwide. The draft MoU was prepared by the Ministry of Economy ...
Hor Kimsay
http://www.phnompenhpost.com/business/govt-requests-chinese-funding-rice-warehouses
Cambodia on verge of transitioning from low-income to middle-income country: ADB chief
Asian Development Bank (ADB) PresiDent Takehiko Nakao said here Tuesday that Cambodia is on the verge of transforming from a low-income to a middle-income country. The middle-income nation is Defined by the GDP (gross domestic product) per capita between 1,045 U.S. dollars and 12,746 U.S. ...
The Cambodia Herald News Staff
http://bit.ly/1Eal4qY
Inflation down as global oil prices ease off
Cambodia experienced low inflation of around 1 per cent over the last three months thanks to a decline in oil prices, according to the latest data from the National Institute of Statistics. Inflation went from 0.8 per cent in January to 1.2 per cent in February, ...
May Kunmakara
http://www.phnompenhpost.com/business/inflation-down-global-oil-prices-ease
Cambodia inaugurates fifth China-funded bridge in S. province
Cambodia inaugurated Takhmau Bridge across Tonle Bassac River, along with a 12-km road here on Monday in an effort to facilitate travel and boost local economic development.The concrete bridge, along with its connecting road, is located about 13 km south of Phnom Penh capital. It ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/2015-08/03/c_134476255.htm
Japanese aid tabbed for health, roadwork
In a ceremony at the Ministry of Foreign Affairs and International Cooperation yesterday, the Japanese government officially granted aid of 974 million yen (about US$12.2 million) to the Cambodian government. The Honorable Masafumi Kuroki, Japanese ambassador to Cambodia, said his country had made the donation to ...
Fertiliser imports on the rise
Cambodia imported more than 1.2 million tonnes of fertiliser and pesticide in 2019, a year-on-year increase of 9 percent, according to a report from the Ministry of Agriculture, Forestry and Fisheries. ...
Khmer Times Staff
https://www.khmertimeskh.com/50721495/fertiliser-imports-on-the-rise/
Commerce ministry posts 50.8% dip in revenue
The Ministry of Commerce posted $12.7 million in revenue for 2020, down by 50.83 per cent over $26.60 million in 2019, driven down by reductions in business registration fees and an increasing number of merchants self-certifying their products’ origins. ...
Thou Vireak
https://www.phnompenhpost.com/business/commerce-ministry-posts-508-dip-revenue
Nine face charges in Kandal land dispute
Kandal provincial police arrested at least 30 people after a clash with protesters on September 12 over a land dispute at the new Phnom Penh International Airport construction site in Kandal Stung district’s Boeung Khyang commune. ...
Voun Dara
https://www.phnompenhpost.com/national/nine-face-charges-kandal-land-dispute
Cambodian commerce minister attends virtual ministerial meeting of LDCs
Pan Sorasak, Minister of Commerce of Cambodia, attended the virtual Ministerial Meeting of Least developed Countries (LDCs) to examine and approve the Statement of LDCs for the 12th WTO Ministerial Conference to be held from Nov. 30 to dec. 03, 2021 in Geneva, Switzerland. ...
Khmer Times Staff
https://www.khmertimeskh.com/50955949/cambodian-commerce-minister-attends-virtual-ministerial-meeting-of-ldcs/
Cambodia approves nine new investment projects with a capital of more than $43 million
The Council for the Development of Cambodia (CDC) on January 12, 2022 announced nine new investment projects that have been approved. The nine investment projects have a capital of more than $43 million and can create jobs for more than 10,000 people. ...
Khmer Times Staff
https://www.khmertimeskh.com/501006166/cambodia-approves-nine-new-investment-projects-with-a-capital-of-more-than-43-million/
Bunong testimony sought in vandalism inquiry
The Mondulkiri Provincial Court Prosecutor’s Office has summoned 12 Bunong indigenous people to testify in a case of alleged violence and destruction of property, which took place on November 17 last year. ...
Orm Bunthoeurn
https://www.phnompenhpost.com/national/bunong-testimony-sought-vandalism-inquiry