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Investment needed to reach rice goal: experts

More investment is needed as well as additional assistance for farmers if the government wants to meet its export goal of 1 million tons of rice a year by 2015, according to experts at a recent rice sector meeting in Phnom Penh. Participants said rice millers would need substantial access ...

http://etmcambodia.com

Buying property by installment on the increase

The market for Khmer home-buyers purchasing property by installments is booming, according to experts. Keuk Narin, vice president of Asia Real Estate Cambodia, said the concept of buying homes by installments in Cambodia is very attractive to those whom want to buy a house. Almost all housing projects that offer installment purchases see good business, ...

http://www.phnompenhpost.com/index.php/Real-Estate/buying-property-by-instalment-on-the-increase.html

Thailand, Cambodia mull joint business, trade body

Thailand and Cambodian signed an agreement for the formation of a joint business council to promote bilateral trade and investment. The memorandum of understanding was officially endorsed on Tuesday evening by Thai Prime Minister Yingluck Shinawatra and her Cambodian counterpart Hun Sen on the sidelines of ...

http://www.pattayamail.com/news/thailand-cambodia-mull-joint-business-trade-body-23289

Land activist to be released

Outspoken land activist Kuch Veng will regain his freedom in 15 days after the Pursat provincial court yesterday handed down a guilty verdict with a one-year sentence, then suspended nearly three quarters of that term. Veng has been in prison since May 19 on charges of ...

http://www.phnompenhpost.com/national/land-activist-be-released

Rainsy says CNRP doesn’t recognize newly-formed government

The opposition Cambodia National Rescue Party (CNRP) leader Sam Rainsy on Wednesday said that the CNRP doesn’t recognize the newly-formed government of Prime Minister Hun Sen. Speaking at a news conference, he urged all international communities and countries of the Paris Peace Agreement to condemn “this ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NDAyMDdiZDljZDY#sthash.hG32ZEwp.dpuf

China provides mine clearance training to Cambodian soldiers

A team of 12 Chinese military experts on Thursday started offering a six-week mine clearance course to 52 Cambodian peacekeeping force. The training is being held at the Institute for Peacekeeping Forces, Mine and Explosive Remnants of War Clearance. According to the Cambodian Mine Action Authority, ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131205/china-provides-mine-clearance-training-cambodian-soldiers

Kratie land dispute goes on

Hundreds of families from Kratie province’s Snuol district who were promised new plots of land after a Vietnamese rubber firm evicted them last month have complained that provincial officials are allowing hundreds of interlopers to stake a claim instead. The 405 families were evicted from the ...

May Titthara
http://www.phnompenhpost.com/national/kratie-land-dispute-goes

Prey Speu tales conflict

Following last week’s street sweep, children as young as 7 years old were kept in Phnom Penh’s notorious Prey Speu social affairs centre, eyewitnesses, staff and those targeted by the initiative have told the Post, directly contradicting government denials offered earlier this week. Standing at the centre’s ...

Alice Cuddy and Sen David
http://www.phnompenhpost.com/national/prey-speu-tales-conflict

FDI survey may lead to new property regulations

Cambodia’s property sector continues to grow, offering both opportunities and challenges for both foreign and local investors. Meanwhile, ahead of the ASEAN Integration, a wider access to transparent information about the FDI fuelling the sector could lead to the adoption of stronger regulatory principles and ...

Kali Kotoski and Sum Manet
http://www.phnompenhpost.com/real-estate/fdi-survey-may-lead-new-property-regulations

Japanese to donate medical equipment

The Japanese government will provide $18 million worth of medical equipment and supplies to the Ministry of Health to help the Kingdom fight Covid-19. It will also offer nearly $23 million in financial grants to support education and health in Cambodia, according to an announcement from ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/japanese-donate-medical-equipment

Cambodia May Lure Up to 10 IPOs a Year, Korea Bourse Says

Cambodia’s stock market, which is set to open next week after several delays, may be able to lure five-to-10 initial public offerings a year, according to Korea Exchange Inc., the Cambodian government’s partner in the bourse. State-owned Phnom Penh Water Supply Authority (PPWSA) will start trading ...

http://www.bloomberg.com/news/2012-04-12/cambodia-may-lure-up-to-10-ipos-a-year-korea-bourse-says.html

Smile Shop catering to lockdown demand for groceries

In response to increased demand during lockdown, Smile Shop, a local e-shop, is offering new users a $10 discount on their first purchase for orders of $25 or more. They ensure deliveries are made between two and 12 hours post ordering in Phnom Penh. ...

Brian Badzmierowski
https://www.khmertimeskh.com/50842449/smile-shop-catering-to-lockdown-demand-for-groceries/

Korean first lady paves way for ill boy’s surgery

A 14-year-old boy with congenital heart disease who was lucky enough to meet with South Korean first lady Kim Keon-hee may get the chance of a lifetime and receive surgery and treatment at Asan Medical Center in Seoul, South Korea. After seeing his plight, many ...

Long Kimmarita
https://www.phnompenhpost.com/national/korean-first-lady-paves-way-ill-boys-surgery

Kingdom’s real salaries set to increase 2.2 percent in 2024

The real salaries in the country are expected to grow 2.2 percent next year, according to the latest Salary Trends Report published by ECA International, a renowned organization that offers data on salary, accommodation, tax, labour law, cost of living as well as benefits and ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501395310/kingdoms-real-salaries-set-to-increase-2-2-percent-in-2024/

Thai Embassy cautions against high-paying jobs in Cambodia

Thais are being warned of job scams in Cambodia that could lead to them being forced into call-centre servitude, according to the Thai embassy in Phnom Penh. The embassy has advised Thais reconsider highly-paid job offers in Cambodia, as many victims have ended up working ...

Khmer Times Staff
https://www.khmertimeskh.com/501417706/thai-embassy-cautions-against-high-paying-jobs-in-cambodia/

Primary school

Cambodia’s education system is structured into a 6+3+3 formula -students spend their first 6 years in primary school (grades 1–6), followed by 3 years in secondary school (grades 7–9)  and 3 years in high school (grades 10–12) before sitting the diploma examination.1 Cambodian students are ...

Cambodia very lucrative for investors

Economic diversification is attracting substantial sums of FDI from China and beyond. Rich in history and culture and blessed with wonderful natural and human resources that are driving its impressive economic growth and attracting record sums of foreign direct investment (FDI), the Kingdom of Cambodia offers ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=ZTk3NDYwNTAyZjc

The scramble to Siem Reap

As Cambodia’s busy tourism season approaches, domestic and regional airlines are scrambling to offer Siem Reap routes in a bid to capitalise on the growing number of visitors to the Angkor Wat gateway. In the past several months, players have entered the fray at a ...

http://www.phnompenhpost.com/business/scramble-siem-reap

Borei Keila Residents File Criminal Suit Against Phanimex

One hundred and twenty families evicted from the Borei Keila community filed a criminal lawsuit with the Phnom Penh Municipal Court yesterday against Phanimex, the company that ordered the demolition of their homes, seeking a total of $360,000 in damages, residents said. Former resident In ...

Japan Asks for Tax Breaks, Better Regulations

The Japanese Embassy in Phnom Penh appealed to the Cambodian government Tuesday to help encourage Japanese investment here by providing corporate tax holidays and reducing notoriously high customs tariffs by adopting more transparent and efficient practices. According to a set of requests prepared by the ...

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