Hun Sen OKs Large Amount of State Land to be Privatized
Prime Minister Hun Sen has officially allowed the privatization of 2,580 square meters of state owned land. 646 square meters of the land are in Phnom Penh. The sub-decree means that the land is closer to being eligible for development and sale. ...
NGO urges Cambodia’s Interior Ministry to intervene in eviction of Vietnamese from Tonle Sap Lake
A nongovernmental organization in Cambodia called on the country’s Interior Ministry to intervene in the eviction of more than 2,000 ethnic Vietnamese living on the Tonle Sap Lake, saying land demarcated for their relocation lacks the infrastructure necessary to support them. ...
Joshua Lipes
https://www.rfa.org/english/news/cambodia/vietnamese-11142018160710.html
Cambodian opposition senator's trial postponed indefinitely
Cambodia’s Phnom Penh Municipal Court has indefinitely postponed the trial on charges of “forgery and incitement” of jailed opposition senator Hong Sok Hour, adjourning again on Wednesday after proceedings resumed following an earlier postponement on Oct. 2. ...
Morm Moniroth
http://www.rfa.org/english/news/cambodia/postponed-10072015155917.html
Economic zone gets CSX boost
Thailand-based JWD Infologistics Plc’s recent purchase of a 5.2 percent stake in the Phnom Penh Special Economic Zone Plc (PPSEZ), is expected to give a boost to the local company’s traded share value on the Cambodia Securities Exchange (CSX). ...
Sum Manet
http://www.khmertimeskh.com/news/26106/economic-zone-gets-csx-boost/
Vietnamese move might hinder logging in Kingdom
Vietnamese Prime Minister Nguyen Xuan Phuc on Monday called for the closure of 2.25 million hectares of natural forest in the country’s Central Highlands as well as the shuttering of wood processing facilities across the country, regional news outlets reported. ...
Donna M Airoldi
http://www.phnompenhpost.com/national/vietnamese-move-might-hinder-logging-kingdom
Children in need of free healthcare
A majority of the more than 2,500 children hospitalized by illnesses in the Kantha Bopha hospital network between Sunday and yesterday were critically poor and could not survive without free treatment, Kantha Bopha hospital founder and head Dr. Beat Richner said. ...
San Bunsim
http://www.khmertimeskh.com/news/27424/children-in-need-of-free-healthcare/
Cambodia, Vietnam to build market on border
The Vietnamese government yesterday agreed in principle to provide a grant of $2 million to Cambodia to build a model market aimed at boosting cross-border trade between the two countries, officials at Cambodia’s Ministry of Commerce said. ...
Hor Kimsay
http://www.phnompenhpost.com/business/cambodia-vietnam-build-market-border
Gendarmerie to get 300 new trainees
The National Gendarmerie announced it will recruit 300 students for its upcoming training class of deputy gendarmerie officers, with entrance exam application forms to be available from May 16 to June 2 at the 25 gendarmerie headquarters nationwide. ...
May Titthara
http://www.khmertimeskh.com/news/24977/gendarmerie--to-get-300--new-trainees/
Gaming firm cashes out of NagaWorld deal
Pan-Asian gaming company Entertainment Gaming Asia Inc (EGA) will sell 670 of its electronic gaming machine (EGM) seats placed at NagaWorld casino in Phnom Penh to an unnamed Cambodian firm for $2.5 million, the Nasdaq-listed company announced on Wednesday. ...
Cam McGrath
http://www.phnompenhpost.com/business/gaming-firm-cashes-out-nagaworld-deal
Bilateral trade with China jumps to $4.8 billion
Trade between China and Cambodia swelled to $4.8 billion last year, up by about $200 million from the year before, while Beijing has now given the government $4.2 billion in grants and loans, Prime Minister Hun Sen said on Tuesday. ...
Kuch Naren and Ben Paviour
https://www.cambodiadaily.com/news/bilateral-trade-with-china-jumps-to-4-8-billion-127916/
New coal-fired plant billed at $600 million
Malaysian-owned energy firm Cambodian Energy II Co Ltd (CEL2) will invest a total of $600 million into building its 150-megawatt coal-fired power plant near Sihanoukville, which is set to become the Kingdom’s third coal-fired power station. ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/new-coal-fired-plant-billed-600-million
Flooded mangrove forest filled in with sand from illegal dredging
At least 2 hectares of flooded mangrove forest in Koh Kong’s Peam Krasaop Wildlife Sanctuary have been filled in with sand from illegal dredging nearby, with local authorities and an NGO yesterday claiming an unidentified “powerful” tycoon was behind the environmental crimes. ...
Phak Seangly
http://www.phnompenhpost.com/national/flooded-mangrove-forest-filled-sand-illegal-dredging
Government’s efforts to decentralise continue
In the past two decades, the government has transferred about $2 billion to lower level administrations in an effort to decentralize.The figure was revealed yesterday during the first day of a two-day conference on decentralization on Koh Pich. ...
Khy Sovuthy
http://www.khmertimeskh.com/50109838/governments-efforts-decentralise-continue/
Child torturer won’t be extradited, mother says
Despite initial hopes that the man who tortured her 2-year-old son last year would face trial in Cambodia, the child’s mother said on Tuesday that Vietnamese police have informed her that the abuser would not be extradited from Vietnam. ...
Phan Soumy
https://www.cambodiadaily.com/news/child-torturer-wont-be-extradited-mother-says-125580/
Government may approve $5.86b for next year’s budget
The cabinet will hold a debate on Friday and is expected to approve the 2018 budget of $5.86 billion, an increase of 16.2 percent from last year’s $5.04 billion, according to a government document seen by Khmer Times yesterday. ...
Khmer Times staff
http://www.khmertimeskh.com/5087902/government-may-approve-5-86b-next-years-budget/
Australia Ups Aid Funding
Australia announced yesterday that it will increase the amount of aid it provides Cambodia by about US$13 million (A$13.2 million) in the coming year, putting the country’s official development assistance at $96.1 million. ...
http://www.phnompenhpost.com/2013051765681/National/australia-ups-aid-funding.html
No change to Cambodia’s human trafficking rank
Cambodia failed to improve its ranking on the U.S.’ annual “Trafficking in Persons Report” after being demoted last year. Released on Friday, the global report again ranks Cambodia on the Tier 2 Watch List, one tier away from the lowest position, Tier 3. ...
Phorn Bopha
http://www.cambodiadaily.com/news/no-change-to-cambodias-human-trafficking-rank-62097/
Cambodia inaugurates Japan-funded bridge across Mekong River
Cambodia on Monday inaugurated the Japan-funded Tsubasa Bridge across the Mekong River. The suspension bridge, built at a cost of ¥119.4 million, allows National Route 1 to cross the Mekong River. At 2,215 meters, it is the longest bridge in Cambodia. ...
The Japan Times News Staff
http://bit.ly/1N0vCQV
Striking workers call for Phnom Penh court to revoke order
About 20 representatives for more than 2,000 striking workers—accused by the Garment Manufacturers Association in Cambodia of damaging the industry’s reputation—marched to the Phnom Penh Municipal Court on Friday asking it to revoke an injunction ordering them back to work. ...
Rules passed for derivatives
Cambodia has moved to formalise its ill-regulated derivatives sector by launching a key regulation earlier this month.On July 2, the Securities and Exchange Commission of Cambodia (SECC) approved the prakas on the “Licensing and Supervision of Derivative Trading”. ...
May Kunmakara
http://www.phnompenhpost.com/business/rules-passed-derivatives