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CDC greenlights five projects worth $1.3B

The government on March 26 approved five new investment projects worth about $1.3 billion and expected to absorb 2,250 workers, even amid a dramatic escalation in the ASEAN member’s fight against the spread of the Covid-19 disease. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-greenlights-five-projects-worth-13b

CDC unveils 27 projects in Jan-Feb

The Council for the Development of Cambodia (CDC) notices issued year-to-February 28 reveal that it has greenlit 27 new private investment projects – 19 in textile-related sectors – worth a cumulative $198.2 million, which are expected to generate a total of 39,914 jobs. ...

Hin Pisei
https://www.phnompenhpost.com/business/cdc-unveils-27-projects-jan-feb

$95 million cement plant to appear in Battambang province

A new cement plant with a total investment capital of $95 million will be built in Pcheav village, Treng commune, Rattanak Mondul district, Battambang province, according to a press release of the Council for the Development of Cambodia (CDC) made public Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501311142/95-million-cement-plant-to-appear-in-battambang-province/

Feasibility study on Mondulkiri airport greenlighted: Gov’t

Cambodia has authorised the FOCUS Consortium to initiate a feasibility study on an investment project for constructing a new airport in Mondulkiri province, envisioning it as part of a satellite town development initiative. ...

Chea Sokny
https://www.phnompenhpost.com/national/feasibility-study-on-mondulkiri-airport-greenlighted-gov-t

Cambodia, China to sign 6 more MoUs to enhance investment cooperation

The Council for the Development of Cambodia (CDC) and China’s ministry of commerce are expected to sign six more memoranda of understanding (MoUs) to enhance comprehensive investment cooperation that covers the promotion of investment in the digital sector, new types of industrialisation, green development and ...

Khmer Times Staff
https://www.khmertimeskh.com/501358251/cambodia-china-to-sign-6-more-mous-to-enhance-investment-cooperation/

Head of state

The Kingdom of Cambodia is a constitutional monarchy. The king is the head of state for his lifetime but does not govern. ...

New investment law entices Hong Kong investors

Hong Kong investors are keen to explore investment opportunities in Cambodia and have pledged to introduce business potentials created by Cambodia’s new investment law and its sub-decrees to their colleagues back home. ...

Hin Pisei
https://www.phnompenhpost.com/business/new-investment-law-entices-hong-kong-investors

Agriculture sees influx of new firms

The number of new businesses that registered in the first eight months of the year increased 33% to 2,105 compared to the same period last year, according to data released yesterday by the Ministry of Commerce. officials said that many of the registrations between January and ...

Poipet to see new economic zone

Japanese investors will put $56 million into a joint venture with local company Sanco Investment Group (SIG) to build a new special economic zone in Banteay Meanchey province’s Poipet town, officials said yesterday. Chhour Vichet, executive director of SIG, said Thailand’s labour shortage, Cambodia’s ongoing political ...

May Kunmakara
http://www.phnompenhpost.com/business/poipet-see-new-economic-zone

European donors working on joint cooperation aid strategy

Cambodia’s European aid donors said Tuesday they are working on a new five-year “cooperation strategy” designed to increase the impact of the millions of dollars in loans and grants they give the country each year. With a combined $209 million in aid to Cambodia in 2012, ...

Zsombor Peter
http://www.cambodiadaily.com/news/european-donors-working-on-joint-cooperation-aid-strategy-54937/

Some 1,368 new firms registered in Cambodia in H1, down 19%

The Ministry of Commerce said Monday that it has granted operating licenses to 1,368 new companies in the first half of this year, down 19 percent compared with the 1,694 firms over the same period last year. ...

http://news.xinhuanet.com/english/business/2013-07/15/c_132543010.htm

New instruments, but old venue woes for blind musicians

The Social Affairs Ministry has purchased $150,000 worth of musical instruments and sound equipment for Phnom Penh’s blind musicians in a bid to persuade them to perform in designated spaces, though many worry that restricted venues will limit their income. ...

Buth Kimsay
https://www.cambodiadaily.com/news/new-instruments-but-old-venue-woes-for-blind-musicians-128694/

Yeak Loam Lake given protected status

The government yesterday announced a sub-decree by the office of the Prime Minister to designate Yeak Loam Lake in Ban Lung city in the northeastern province of Ratanakkiri as a new wildlife and ecological protected area. ...

Chea Vannak
https://www.khmertimeskh.com/50503203/yeak-loam-lake-given-protected-status/

Mechanics school on the way

A new auto-mechanics training school at the National Polytechnic Institute of Cambodia (NPI) that aims to train select Cambodian youth and support a shortage in the labour market officially commenced construction yesterday. In partnership with the Ministry of Labour, joint sponsors the Korean International Cooperation Agency ...

Hor Kimsay
http://www.phnompenhpost.com/business/mechanics-school-way

Inflation fuels protest over petrol prices

More than 200 factory workers gathered at Freedom Park near Wat Phnom yesterday to urge the government to cut taxes on petrol, saying fuel prices were driving food prices beyond what they could afford. But the government is doing all it can to curb inflation ...

http://www.phnompenhpost.com/index.php/2011080850926/National-news/inflation-fuels-protest-over-petrol-prices.html

Development pushes poor from land as Cambodia dams its rivers

“From my view, I don’t want to have it, but it is development, we can’t stop them,” says Srekor’s village chief, Leang Saroeurn. Cambodia’s impressive yearly GDP growth rates of 7 percent for the last decade have come, in part, through a ravenous consumption of the countries ...

Daniel Quinlan
http://asiancorrespondent.com/120212/development-drives-displacement-as-cambodia-dams-its-rivers/

Projects worth nearly $24 million approved by CDC

The Council for the Development of Cambodia (CDC) has just approved four new investment projects with a total investment of nearly $24 million that will create more jobs in the country. ...

Khmer Times Staff
https://www.khmertimeskh.com/501093977/projects-worth-nearly-24-million-approved-by-cdc/

CAMBODIA: Better Factories programme renewed

The Better Factories Cambodia programme has been renewed after a new, three-year Memorandum of Understanding (MOU) was agreed. The new agreement, aimed at furthering the initiative’s mission to improve working conditions in Cambodian garment factories, was signed by the International Labour Organization (ILO), the Cambodian Ministry ...

Richard Woodard
http://www.just-style.com/news/better-factories-programme-renewed_id120127.aspx

Health Ministry highlights rice wine dangers

The Ministry of Health’s communicable disease control department has produced a short video in advance of next month’s Khmer New Year warning revellers of the dangers of consuming rice wine, which has been linked to multiple deaths. ...

Mom Kunthear
http://www.khmertimeskh.com/50113503/health-ministry-highlights-rice-wine-dangers/

CDC approves three new investment projects worth over $23 million

The Council for the Development of Cambodia (CDC) has given green light to three new investment projects with a total capital of $23.2 million. ...

Khmer Times Staff
https://www.khmertimeskh.com/501301040/cdc-approves-three-new-investment-projects-worth-over-23-million/

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