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Railway denies report of new passenger train service

Royal Railway on Sunday refuted a state media report that commercial passenger train service between Phnom Penh and Sihanoukville was imminent. ...

Zsombor Peter
https://www.cambodiadaily.com/author/zsombor-peter/

Templeton Cautions Investors Riding Myanmar, Cambodia Growth

Investors should be cautious when pursuing the opportunities for growth present in Myanmar and Cambodia, Southeast Asia’s frontier markets, Templeton Asset Management Ltd. said. In Cambodia, state-owned Phnom Penh Water Supply Authority will have its initial public offering this month, making it the first to ...

http://www.businessweek.com/news/2012-03-31/templeton-cautions-investors-riding-myanmar-cambodia-growth

PM Adviser given extra title at financial ministry

Prime Minister Hun Sen has appointed his personal adviser Kong Vibol as director general of the General Department of Taxation at the Ministry of Econ­­omics and Finance, ac­­cording to the Royal Book en­­try of August 22. In addition to his expertise in taxation, Vibol is also ...

http://www.phnompenhpost.com/index.php/2012091058608/National-news/pm-adviser-given-extra-title-at-finance-ministry.html

Commerce Official Denies Luxury Wood 'Logs' Exported to China

A Commerce Ministry official yesterday denied that Cambodia was exporting luxury wood logs to China, insisting that any wood leaving the country was in a “processed” form. The China Customs data also states that each year, just under 10,000 cubic meters of “logs” and about ...

http://www.cambodiadaily.com/news/commerce-official-denies-luxury-wood-logs-exported-to-china/

Dam firm violated law

The parent company behind a firm constructing the Lower Sesan 2 dam in Stung Treng has repeatedly violated Chinese law by building “massive” power projects without prior approval, China’s national auditor has found. State-owned China Huaneng Group, of which Lower Sesan 2 partner Hydrolancang International Energy ...

http://www.phnompenhpost.com/2013060566083/National/dam-firm-violated-law.html

Rice miller plans to export 10,000 tonnes

State-owned rice miller Green Trade plans to export about 10,000 tonnes of milled rice to Libya this year, an insider has revealed. Thon Virak, director of State-owned rice exporter Green Trade, told the Post yesterday that he had signed an export deal with a private company ...

http://www.phnompenhpost.com/2013031461931/Business/rice-miller-plans-to-export-10-000-tonnes.html

Cambodia marks Disability Day

Cambodia celebrated its 15th annual Cambodia Day of Persons with Disabilities and the 31st annual International Day of Persons with Disabilities, on Tuesday at the Phnom Penh Cultural Center. Prime Minister Hun Sen attended the event themed, “Removing barriers to create an inclusive and accessible ...

The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=MDNlNDA4NWNkZTM#sthash.KW36yrfM.dpuf

Politics not quite all in the family

Kem Sokhon, the brother of Cambodia National Rescue Party deputy president Kem Sokha, is continuing to progress through government ranks. Sokhon – who has been openly critical of his brother’s policies since defecting from the opposition – told the Post yesterday he is now an adviser to senior ...

Meas Sokchea
http://www.phnompenhpost.com/national/politics-not-quite-all-family

Firms that list to see tax cut

New and existing companies listed on the Cambodia Securities Exchange (CSX) will have their taxes halved by the Cambodian government, a move that is being labelled as a generous attempt to boost activity on the bourse. The sub-decree, which was signed off by Prime Minister Hun ...

Eddie Morton and May Kunmakara
http://www.phnompenhpost.com/business/firms-list-see-tax-cut

Gov't audit shows Vietnam Rubber Group missing millions

Contentious plantation giant Vietnam Rubber Group reportedly “lost” nearly $391 million of state funds over five years, including $22.75 million from a rubber plantation in Cambodia, an official investigation into the firm’s dealings has found, according to Vietnamese media. Hanoi’s anti-corruption body, the General Inspectorate, last ...

Daniel Pye and May Titthara
http://phnompenhpost.com/national/govt-audit-shows-vietnam-rubber-group-missing-millions

Trimmer 2021 budget: Government plans 50 percent drop in spending

Amid the outbreak of the coronavirus the government plans to trim the 2021 state budget to around $4 billion, accounting for about a 50 percent drop from this year’s state budget, including an 11.3 percent drop for social affairs and 6.4 percent for general administration. ...

Ben Sokhean
https://www.khmertimeskh.com/50734167/trimmer-2021-budget-government-plans-50-percent-drop-in-spending/

China gives $240m in aid

China has granted $240 million aid to Cambodia under agreements signed by Prime Minister Hun Sen on a state visit to Beijing. ...

Ven Rathavong
http://www.khmertimeskh.com/news/38482/china-gives--240m-in-aid/

Kingdom seeks Singaporean investment

Deputy Prime Minister Hor Namhong on Tuesday urged outgoing Singaporean ambassador Kevin Cheok to encourage the island state to invest more in Cambodia. ...

Khmer Times Team
http://www.khmertimeskh.com/news/24264/kingdom-seeks-singaporean-investment/

Russia to pursue gas in Thai-Cambodian shelf

Russia’s state-owned energy giant Gazprom is considering gas production on the continental shelf of Thailand and Cambodia, Russian media reported on Friday. ...

The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/russia-pursue-gas-thai-cambodian-shelf

US extends mine clearance grant

The United States has extended for two months a grant to clear unexploded ordnances from the country through the Cambodian Mines Action Centre. ...

Ven Rathavong
http://www.khmertimeskh.com/5090902/us-extends-mine-clearance-grant/

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