Cambodian exports to the US soar
Cambodia’s exports to the US were worth more than $5 billion last year, a sharp year-on-year increase. The latest data from the US trade office shows that Cambodian exports to the world’s largest economy skyrocketed last year, growing by 40 per cent to reach $5.36 billion. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodian-exports-us-soar
Council of Ministers approves draft law on state assets
The Office of the Council of Ministers has approved the draft law on Control, Use and Management of the State Assets, which aims to ensure that State assets are preserved for the common interests of the country and the people. The Ministry of Economy and ...
Ben Sokhean
https://www.khmertimeskh.com/50741610/council-of-ministers-approves-draft-law-on-state-assets/
‘No to corruption amid state-land distribution’: PM
Prime Minister Hun Sen yesterday warned of legal action against anyone caught taking advantage of state-mandated land distributions, two days after he ordered several ministries to oversee the transfer of state-protected land to its long-term occupants. ...
Pech Sotheary
https://www.khmertimeskh.com/50741609/no-to-corruption-amid-state-land-distribution-pm/
Draft state property law to be developed by expert committee
A draft law on state property management, which was reviewed by the National Assembly at the request of the government, has now been handed over to an expert committee to further study. ...
Ry Sochan
https://www.khmertimeskh.com/50752610/draft-state-property-law-to-be-developed-by-expert-committee/
Encroachers try pillars in Koh Kong
Thousands of square metres of state forest land in roughly 11ha of state reserve land in Koh Sdech village, Koh Sdech commune, Kiri Sakor district, Koh Kong province, were illegally encroached upon by unknown people. They have installed concrete and wooden pillars. ...
Nov Sivutha
https://www.phnompenhpost.com/national/encroachers-try-pillars-koh-kong
Mekong and US to strengthen connectivity
Cambodia along with other Mekong nations will work together with the United States to strengthen connectivity, economic integration, good governance and narrowing the development gap in the sub-region. ...
Sar Socheath
https://www.khmertimeskh.com/50907958/mekong-and-us-to-strengthen-connectivity/
MB to set up commercial bank in Cambodia
The State Bank of Vietnam (SBV) has issued a written document allowing the Military Commercial Joint Stock Bank (MB) to establish a 100 percent-owned bank in Cambodia on the ground of its branch in Phnom Penh. ...
Khmer Times Staff
https://www.khmertimeskh.com/501116192/mb-to-set-up-commercial-bank-in-cambodia/
Homing in on the IPO price
From June 22 to 28, the price of Phnom Penh Water Supply Authority (PPWSA) stock slowly approached its Initial Public Offering (IPO) price while trading volumes stayed within the range of 10,000 to 22,000 shares. The price dropped from KHR 6,6so (US$1.63) to KHR 6,3so (US$LS6) from June 22 to 28. ...
http://www.etmcambodia.com/search.php?s=The+Week+at+the+CSX&submit=Search
Cambodian, U.S. senior officials meet to promote bilateral ties
Cambodian and U.S. senior officials met here on Monday to further promote bilateral ties and cooperation. The meeting was made between Ouch Borith, secretary of state at the Cambodian Ministry of Foreign Affairs, and Scot Marciel, visiting principal deputy assistant to the United states Secretary of ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-11/04/c_132858319.htm
Land on capital’s riverfront is opened up for investment
The government has signed off on a proposal to designate more than 9 hectares of land along Phnom Penh’s riverfront as state-private land, opening it up for private investment or long-term leasing. The 9.25-hectare stretch of riverfront from the capital’s Night Market to the Chroy ...
Hor Kimsay
https://www.phnompenhpost.com/business/land-capitals-riverfront-opened-investment
50,000 hectares in two sanctuaries registered as state land
The Environment Ministry has registered more than 50,000 hectares of protected area of the Peam Krasop and Phnom Prich wildlife sanctuaries as state land in a bid to eliminate land disputes in conservation areas. ...
Sen David
https://www.khmertimeskh.com/50714774/50000-hectares-in-two-sanctuaries-registered-as-state-land/
Plan for airport faces resistance
Talks between officials in Preah Vihear province and local villagers whose land is in the way of a proposed domestic airport hit some turbulence on Tuesday, as homeowners bristled over the various forms of compensation being offered. ...
Sen David
http://phnompenhpost.com/national/plan-airport-faces-resistance
Cambodian Stock Exchange Set to Launch
The Cambodian Stock Exchange(CSX) has prepared its initial public offerings in a symbolic launch, though no public trading was offered. Finance Minister Keat Chhon and his South Korean partners hold a 49 percent stake in exchange. Two state-owned companies will go public including: the Phnom ...
Acleda, PPCBank granted listing eligibility
Two of Cambodia’s leading commercial banks – locally owned Acleda Bank Plc (Acleda) and South Korean-owned Phnom Penh Commercial Bank Plc (PPCBank) – have been granted listing eligibility from the Cambodia Securities Exchange (CSX). This paves the way for the banks to move forward with plans ...
May Kunmakara
https://www.phnompenhpost.com/business/acleda-ppcbank-granted-listing-eligibility
Rights Groups Urge Censure of Thailand Over Abuses in Fishing Industry
Human rights workers say the US and other countries should censure Thailand over fisheries practices that mean near-slavery for many Cambodians and others. An investigative report by the UK-based Guardian newspaper exposed serious abuses in the Thai fishing trade, where workers are cheated of pay, kept ...
Suy Heimkhemra
http://www.voacambodia.com/content/rights-groups-urge-censure-of-thailand-over-abuses-in-fishing-industry/1935496.html
Hasty hydropower critiqued
Less than a week after Laos declared its “sovereign right” to develop hydropower regardless of neighbouring countries’ objections, the Lower Mekong Initiative (LMI) gathered an “extraordinary meeting” to stress the importance of sustainable waterways. During the two-day discussions in Pakse, Laos which concluded yesterday, the US ...
Laignee Barron
http://www.phnompenhpost.com/national/hasty-hydropower-critiqued
Land dispute closes a national road
About 50 protesting villagers in Sihanoukville’s Mouy commune blocked National Road 4 yesterday for about one hour in an effort to stop authorities from demolishing their houses illegally built in the Kbal Chhay protected forest. Heng Sokhom, a representative of the group, acknowledged that their houses ...
Pech sotheary
http://www.khmertimeskh.com/news/30114/land-dispute-closes-a-national-road/
Sokha’s pardon: ‘no conditions’
Freshly pardoned CNRP deputy leader Kem Sokha yesterday claimed the pardon that exonerated him on Friday was made without any conditions or concessions from the opposition party. The acting president of the opposition, who had been under de facto house arrest since May and had been ...
Taing Vida
http://www.khmertimeskh.com/news/32752/sokha---s-pardon-----no-conditions---/
Public road reopened after ditch filled in
Authorities yesterday dismantled fences and filled in a ditch in order to reopen a road, allegedly disconnected by two real estate companies several years ago, to public access in Phnom Penh’s Chbar Ampov district. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/public-road-reopened-after-ditch-filled