Japan provides US$1,561,805 for construction of bridges for rural development, promotion of sustainable agricultural conditions for poverty reduction, and promotion of community development through mine clearance
The Government of Japan has agreed to provide US$242,367 to Mondulkiri Provincial Department of Rural Development for “The Project for Constructing Bridges in two Communes in Kaoh Nheaek District, Mondulkiri Province” under the framework of the Grant Assistance for Grassroots Human Security Projects (“KUSANONE” Grant), ...
Embassy of Japan in the Kingdom of Cambodia
Subsidies spark cheaper energy
Cambodia plans to spend more than $100 million on subsidies by 2021 to reduce electricity tariffs in a move to spur economic growth and relieve the financial burden on businesses and households, a senior government official said. Electricite du Cambodge (EdC) director-general Keo Ratanak told reporters ...
Thou Vireak
https://www.phnompenhpost.com/business/subsidies-spark-cheaper-energy
Amendments to Law on Trade Unions passes NA unchanged
The National Assembly on Tuesday unanimously approved the draft law on amendments to 10 articles of the Law on Trade Unions without making any changes – a move that some unions said failed to address workers’ concerns. Reading a prepared statement during the plenary session ...
Mech Dara
https://www.phnompenhpost.com/national/amendments-law-trade-unions-passes-na-unchanged
Government to ramp up provincial budgets by $276 million next year
The government will ramp up the budget for provinces by more than $276 million next year to provide high quality and efficient services to the public, an increase of 32.28 percent from this year’s budget. Public Functions Minister Pich Bunthin yesterday said at a workshop ...
PP-SHV Expressway on track for completion in early 2023
The construction of the $1.9 billion Phnom Penh-Sihanoukville Expressway, which broke ground at the end of March, is on track to be completed by early 2023, Ministry of Public Works and Transport spokesman Vasim Sorya said on Monday. The 190km high-speed highway linking the capital ...
Hin Pisei
https://www.phnompenhpost.com/business/pp-shv-expressway-track-completion-early-2023
EU ambassador expresses hope for Kingdom retaining EBA status
New EU ambassador to Cambodia Carmen Moreno met with National Assembly president Heng Samrin and expressed her interest in helping Cambodia retain the “Everything But Arms” (EBA) agreement. Moreno paid a courtesy call on Samrin at the National Assembly on Tuesday on her first day ...
Niem Chheng
https://www.phnompenhpost.com/national-politics/eu-ambassador-expresses-hope-kingdom-retaining-eba-status
Sinking feeling on river's edge
About 50 villagers in Kandal province protested yesterday in an attempt to halt the activities of a Vietnamese sand-dredging company, which they said has caused a huge swath of their land to slide into the Mekong River. Residents of Kien Svay district’s Koh Prak village said ...
Hey, waiter!
While tourism numbers in Cambodia are growing rapidly, visitors might increasingly have a hard time finding a restaurant to their liking since the country is experiencing a shortage of qualified personnel, especially waiters and chefs, accordingly to the Cambodia Restaurant Association. “The tourism industry needs at ...
ASEAN's newest look for cash
Younger Southeast Asian countries will look for a means of filling the financial gap between poorer mainland ASEAN members and more developed states this week during the 44th ASEAN Economic Ministers Meeting, which kicked off today. at the five-day meeting which Prime Minister Hun Sen was ...
Ocean Garment Workers Occupy Factory
About 2,000 workers at Ocean Garment factory continued their ongoing strike yesterday by staging a sit-in on the premises of the factory in support of five union leaders facing prosecution for their role in recent protests. Workers began the sit-in yesterday after rumors spread that ...
Future Telecommunications Regulator Will Face Challenges
A lack of proper regulations, unrealistic market data and a constant stream of disputes between Cambodia’s mobile operators will likely hinder the country’s future telecommunications regulator from effectively governing the sector, according to a leading research firm. Without the enactment of telecommunications law, which is currently ...
Four Charged in Infantry General's Drug Case
A high-ranking army official, his driver and two others were charged with drug trafficking yesterday following a series of arrests over the weekend and a raid that yielded nearly 5kg of methamphetamine. Questioning of the four by prosecutors at the Phnom Penh Municipal Court finished yesterday ...
Wealthy Splurge on 'Lucky' License Plates, Phone Numbers
Duong Tech, the owner of an import-export company, spent $150,000 on his chrome-rimmed Cadillac Escalade SUV. Then he shelled out an additional $10,000 at the Phnom Penh municipal transportation department for a license plate ending with the numbers “9999.” In Phnom Penh, custom-numbered license plates ...
Firms Need to Improve Accounting Standards
Cambodia’s businesses need to dramatically improve their accounting standards if they are to attract interest from investors abroad and reach the standards necessary to list on the recently launched stock market, experts and government officials said yesterday. Speaking at the National Conference on Accountancy in Phnom ...
Cambodia Import-Export The First Half Year Analysis
Although the Cambodian government has projected Gross Domestic Product (GDP) of around 7 percent this year, a bit higher than come other international financial organizations like the Asian Development Bank (ADB) and the International Monetary Fund (IMF), it does not mean that the country’s projection could not ...
ASEAN push for integration
ASEAN economic ministers on Friday agreed to spur stronger cooperation and make more of an effort to enhance the region’s integration in preparation for the ASEAN Economic Community (AEC) in 2015. Speaking during the press conference on the closing of the 44th ASEAN Economic Ministers’ Meeting ...
http://www.phnompenhpost.com/index.php/2012090358439/Business/asean-push-for-integration.html
B Kak Woman Arrested
Prominent Boeung Kak villager and protester Yorm Bopha was yesterday jailed in Phnom Penh’s Prey Sar prison, after she and her husband – en route to check for their names on a voting register – were pounced on by police in plain clothes in what ...
http://www.phnompenhpost.com/index.php/2012090558509/National-news/b-kak-woman-arrested.html
Officials cheated me: farmer
A cassava grower in Siem Reap’s Srei Snom district has accused a district police chief and a deputy commune chief of cheating him out of his land after they doctored the grower’s testimony in a court case. Em Socheat, a lawyer for land owner Yem Savuth, ...
http://www.phnompenhpost.com/index.php/2012090458481/National-news/officials-cheated-me-farmer.html
UAE, Cambodia look to lift tourism
Cambodia’s tourism ministry and United Arab Emirates officials have signed a memorandum of understanding to strengthen tourism to the Kingdom, officials said during a press conference at Phnom Penh’s international airport. Tourism Minister Thong Khon said the memorandum of understanding (MoU) would provide more opportunities for ...
http://www.phnompenhpost.com/index.php/2012090758551/Business/uae-cambodia-look-to-lift-tourism.html