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No scheme in place for congestion near AEON

Despite expecting 27,000 visitors per day, little planning has gone into tackling traffic congestion at Cambodia’s long-awaited AEON Mall when it opens June 30, City Hall said yesterday. There are 1,400 vehicle parking spaces allotted at AEON and 1,600 bikes spaces accessed via both Sothearos ...

Chan Muyhong
http://www.phnompenhpost.com/business/no-scheme-place-congestion-near-aeon

New companies registered in Cambodia jump 36 pct in 9 months

Cambodia has issued operating licenses to 3,025 new companies in the first nine months of 2014, up 36 percent over the same period last year, the Ministry of Commerce said on Tuesday. Foreign companies were 1,335, an increase of 20 percent, as local registrations saw a ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/141104/new-companies-registered-cambodia-jump-36-pct-9-months

Spike in seizures of overloaded trucks

The Transport Ministry seized 642 overloaded trucks throughout the country and leveraged fines worth more than $250,000 last month. The ministry issued a report on Wednesday, saying it had seized 642 overloaded trucks nationwide and issued fines totaling $267,627 during the month. ...

Pav Suy
http://www.khmertimeskh.com/5084898/spike-seizures-overloaded-trucks/

Young on march to change face of Siem Reap

Siem Reap is littered with trash and local young people have had enough. Once a month since March, monks and youth volunteers from NGOs, businesses and public schools have joined together to clean up their neighbourhood and promote awareness of how rubbish affects people’s lives. ...

Pav Suy
http://www.khmertimeskh.com/5073725/young-march-change-face-siem-reap/

Five new bus lines unveiled

The Phnom Penh Governor has unveiled five new bus lines to launch over the next two months in a bid to improve transport for garment workers. The move came after Prime Minister Hun Sen announced the workers would be allowed to ride on public buses free ...

Mom Kunthear
http://www.khmertimeskh.com/5080573/five-new-bus-lines-unveiled/

New bridge to span the Tonle Sap

The Overseas Cambodia Investment Corporation (OCIC) will spend $35 million to build a concrete bridge across the Tonle Sap River from the Sokimex  gasoline station in Russey Keo district to the Prek Tasek commune in Chroy Changvar district. ...

Sum Manet
http://www.khmertimeskh.com/5082569/new-bridge-span-tonle-sap/

Chroy Changva Bridge to close

The Chroy Changva Bridge will be temporarily closed for 21 months starting in early October to repair it at a cost of about $33 million. The Japan International Cooperation Agency yesterday released a statement regarding the overhaul of the bridge, also known as the Cambodian-Japanese Friendship ...

Pech Sotheary
http://www.khmertimeskh.com/5083653/chroy-changva-bridge-close/

60,000 register to vote in one week

Nearly 60,000 people have registered to vote in next year’s national election during the first week of registration. Hang Puthea, spokesman for the National Election Committee, said yesterday that 59,185 people across the country went to register from September 1 to September 10. Voter registration runs ...

Khy Sovuthy
http://www.khmertimeskh.com/5082540/60000-register-vote-one-week/

Flooding delays school term across country

The start of the school year has been delayed for a month due to flooding that has affected many of the country’s schools this month, the Ministry of Education said Sunday. Ros Salin, spokesman and cabinet chief for the ministry, said that the school year will ...

Ouch Sony
http://www.cambodiadaily.com/news/flooding-delays-school-term-across-country-66711/

Bird flu risk to humans in Cambodia remains low: WHO

The risk to general public from avian influenza A (H5N1) in Cambodia remains low despite two human cases of the virus were detected recently, the World Health Organization (WHO) said in a statement late Sunday. ...

Cambodianess staff
https://cambodianess.com/article/bird-flu-risk-to-humans-in-cambodia-remains-low-who

His Majesty the King calls for continued tree planting and forest preservation

His Majesty Preah Bat Samdech Preah Boromneath Norodom Sihamoni, King of Cambodia, this morning called on all stakeholders to continue paying high attention to replanting trees and preserving the forests. ...

Khmer Times Staff
https://www.khmertimeskh.com/501520047/his-majesty-the-king-calls-for-continued-tree-planting-and-forest-preservation/

Fund raising: Kingdom may borrow more in 2012

Cambodia could borrow US$1.1 billion from other countries in 2012, 75 per cent more than this year, to help repair infrastructure damaged in flooding and support efforts to increase rice exports to one million tonnes by 2015, a senior official said yesterday. Cheam Yeap, chairman of ...

http://www.phnompenhpost.com/index.php/2011110152450/Business/fund-raising-kingdom-may-borrow-more-in-2012.html

Kompong Cham Factory Reopens at Partial Capacity

About 1,000 workers returned to work at Kompong Cham province’s Manhattan Quing Dao Textile Corp yesterday after last week’s four-day protest, factory representatives said. Chan Seiha, the factory’s administration chief, said that the remaining 1,000 workers were not at work yesterday because the factory currently ...

The week at the CSX: Nov 26th - Dec 5th

Stock trading at the Cambodia Securities Exchange of the only publicly listed company, Phnom Penh Water Supply Authority, slightly fluctuated in terms of both trading volume and price in the last five trading days from Nov. 26 to Dec. 5. On Nov. 26, one day before ...

http://www.etmcambodia.com/viewarticles.php?articlesid=329

Hun Sen Shares Vision of Rubber Plantation Boom

Reporting that the country had achieved better than expected economic growth last year, Prime Minister Hun Sen yesterday targeted a rapid expansion of the country’s rubber industry and predicted that almost 1 in 10 Cambodians would soon be working in rubber. “Agriculture continues to play ...

http://www.cambodiadaily.com/news/hun-sen-shares-vision-of-rubber-plantation-boom-11253/

Ratanakkiri Clean Water Facility to Open in May

Ratanakkirri province’s first privately owned water treatment facility will begin to supply clean drinking water to thousands of households in Banlung City on May 1, but residents will have to pay a premium for its use, officials said yesterday. The $1.7 million facility being built ...

http://www.cambodiadaily.com

Oxley to acquire Cambodian asset for US$11.2m

In a release, Oxley Holdings Limited announced that the Group’s 49%-owned associated company, Oxley-Worldbridge (Cambodia) Co., Ltd., had entered into an amendment agreement dated 1 July 2013 in respect of a share sale and purchase agreement dated 22 May 2013 to acquire all the shares ...

http://sbr.com.sg/commercial-property/more-news/oxley-acquire-cambodian-asset-us112m#sthash.MwztrlYA.dpuf

Cambodia's trade with U.S. up 2% in first half of 2013

Bilateral trade between Cambodia and the United States has amounted to 1.44 billion U.S. dollars in the first six months of the year, up 2 percent compared with 1.41 billion U.S. dollars over the same period last year, the figures of the U.S. Department of ...

http://news.xinhuanet.com/english/business/2013-08/07/c_132610051.htm

Local transfers push Wing revenue

Wing, a growing Cambodian mobile payment and money transfer company, had a better-than-expected 2013. In May, Wing’s CEO Anthony Perkins estimated that the company would reach transaction volumes totaling $1 billion by the end of the year, including domestic remittances, mobile phone top ups, bills and ...

Eddie Morton
http://www.phnompenhpost.com/business/local-transfers-push-wing-revenue

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