CEOs see auto, ICT, finance sectors as top growth picks
Thai CEOs are confident that the country’s 2013 economic growth will be at least as good as last year’s level and that the automobile, information and communications technology, and financial sectors will be the star performers. The CEOs estimate that their companies’ profits this year ...
New Siem Reap airport’s progress slow but on track
A senior government official said a new Siem Reap International Airport (NSRIA) being developed with $1 billion of investment by two Korean companies is still on track. NSRIA is wholly owned by two Korean companies, Camco Airport Co and Lees A&A, which held 50 per cent each ...
http://www.phnompenhpost.com/2013010360604/Business/airport-s-progress-slow-but-on-track.html
Developer ordered to halt work on disputed land
The governor of Phnom Penh’s Chroy Changva district Wednesday ordered the private firm heading a $3-billion real estate project on the peninsula to temporarily stop pumping sand onto land being contested by about 40 local families, but urged the families to reconsider the compensation on ...
Sek Odom and Matt Blomberg
http://www.cambodiadaily.com/news/developer-ordered-to-halt-work-on-disputed-land-63087/
City builds Military Police Base amid activist neighborhood
A military police official confirmed Thursday that his unit’s new headquarters were being built in the heart of Phnom Penh’s restive Boeng Kak neighborhood, meters away from the homes of some of the country’s most high-profile anti-eviction activists. About a half-dozen armed military police officers were ...
Mech Dara and Zsombor Peter
http://www.cambodiadaily.com/news/city-builds-military-police-base-amid-activist-neighborhood-62576/
National Assembly to vote for new leadership next Tuesday
123 lawmakers from ruling Cambodian People’s Party (CPP) and opposition Cambodia National Rescue Party (CNRP) will vote on August 26, 2014 to elect new leadership of the National Assembly. According to the general commissariat of the National Assembly, the agenda will include: Vote for Nguon Nhil ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=MmYxYzc5NjRmMTc
EU joins election reform talks; parties still divided over IDs
Two election experts from the European Union (E.U.) joined the CNRP and CPP on Friday in separate meetings held to discuss how voter registration will be managed in future elections, presenting four possible options. Although the parties agreed on which option they preferred—a new voter list ...
Kuch Naren
https://www.cambodiadaily.com/news/eu-joins-election-reform-talks-parties-still-divided-over-ids-76619/
Boeung Kak women self-harm
Three imprisoned land activists intentionally injured themselves on Friday in an alleged suicide attempt after being confined in their cell for two days, according to their families and a fellow inmate. Tep Vanny, Kong Chantha, and Bor Chorvy – all from Phnom Penh’s Boeung Kak community ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/boeung-kak-women-self-harm
Money a worry for deminers ahead of 2019 clean-up deadline
During the Management of Residual Explosive Remnants of War (MORE) Symposium in Siem Reap this week, attendees were invited to a demonstration at a live minefield only an hour north of the town. Despite indications that the 2019 treaty deadline would not be met and ...
Kimberley Mccosker
http://www.phnompenhpost.com/post-weekend/money-worry-deminers-ahead-2019-clean-deadline
Program aims to boost rice resilience to climate change
As climate change increases the severity of droughts and floods across the Kingdom, a push is being made for farmers to adopt more resistant rice varieties. The Philippines-based International Rice Research Institute launched a USAID-financed project in Phnom Penh yesterday in a bid to “accelerate the ...
Khouth Sophak Chakrya and Charles Rollet
http://www.phnompenhpost.com/business/program-aims-boost-rice-resilience-climate-change
Kem Ley to form national party
Former analyst and researcher Kem Ley will register a new national-level political party with the Ministry of Interior in August to serve as a model of pluralistic “intraparty democracy”, the political aspirant said. Titled the Grassroots Democracy Party (GDP), Ley said the party would be the ...
Bennett Murray
http://www.phnompenhpost.com/national/kem-ley-form-national-party
Lifespan of ELCs slashed by gov’t
The government has declared leases on plantations will be limited to 50 years, slashing the length of some existing concessions in half, though neither ministry responsible for overseeing the move would confirm the legal basis for doing so.The decision was announced in a press release ...
Taing Vida
http://www.phnompenhpost.com/national/lifespan-elcs-slashed-govt
NGO's plan for ethical land eviction of riverside community
The garbage-strewn, riverside area that contains Chrang Chamres commune may be unsightly, but the local Cham community fears that a future away from their niche in Phnom Penh’s far north would be far worse. It’s a common refrain. Over the years, numerous communities across Phnom ...
Bennett Murray
http://www.phnompenhpost.com/post-weekend/humane-model-land-eviction
Gov’t calls for lower fuel prices
The government yesterday asked fuel retailers to lower petroleum prices, so as to reflect the drop in global prices in the last few months.At a meeting chaired by Chhoun Dara, a secretary of state at the Commerce Ministry, oil companies were given a week to ...
Sor Chandara
http://www.phnompenhpost.com/business/govt-calls-lower-fuel-prices
Capital Gains Tax takes effect Jan 1, 2024 onwards
After being postponed three times, the Capital Gains Tax (CGT) will be implemented starting Jan 1, 2024, said Kong Vibol, director-general of the General Department of Taxation (GDT) on September 15. ...
: Chhorn Raksmey
https://kiripost.com/stories/capital-gains-tax-takes-effect-jan-1-2024-onwards
Rice Grower to Set Up Farms in Cambodia and Myanmar
Hybrid rice producer SL Agritech Corp. plans to set up a plantation in Cambodia via a joint venture instead of shipping out produce from its Philippine farms, a ranking official said last week. “We are looking at starting the shipment of seeds to Cambodia and to ...
New Mekong Port to Ease Overloaded Phnom Penh Terminal
With cargo traffic at the Phnom Penh Autonomus Port growing rapidly, a nearly completed container terminal just south of the city on the Mekon River should help ease the congestion. The 30-hectare port, in Kandal province’s Kein Svay district, was completed late last month, though cranes ...
Two factories hope to list on CSX
The next two stocks to be listed on the Cambodia Securities Exchange will probably be Taiwan-owned garment factories, according to market insiders. The news comes as the lone listed stock on the Cambodia Securities Exchange declined slightly in value during the past month, dropping from an ...
http://www.phnompenhpost.com/index.php/2012091958787/Business/two-factories-hope-to-list-on-csx.html
Shift in CNRP's political strategy to win elections
The Cambodian National Rescue Party is making a strategic shift in its bid to win the next election: focusing less on traditional hot-button issues like government corruption and territorial disputes, and instead offering voters a series of concrete new policy initiatives. This required clear and ...
Record number of participants for the 9th ASEAN Business & Investment Summit
The South East Asian business elite and 16 Heads of States and Governments will meet in Phnom Penh when the 9. ASEAN Business & Investment Summit will be held as an official side event to the ASEN Leaders Summit and the ASEN Leaders Summit (EAS) “Interest ...
http://www.scandasia.com/viewNews.php?coun_code=fi&news_id=11360
Thailand, Vietnam Seek Controls on Rosewood Trade
Thailand and Vietnam have called for strict controls to be placed on the international trade of rosewood in an attempt to prevent the luxury wood species from being logged to extinction. Cambodia currently exports thousands of cubic meters of the wood to China each year, and ...
http://www.cambodiadaily.com/news/thailand-vietnam-seek-controls-on-rosewood-trade-12299/