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Questions over spending plan

The Council of Ministers on Friday approved a new five-year National Strategic Development Plan (NSDP) – the guiding policy document used by the government – requiring an estimated $26.58 billion in spending and investment, or more than $5.3 billion a year, until 2018. The plan ...

May Kunmakara and Kevin Ponniah
http://www.phnompenhpost.com/national/questions-over-spending-plan

Market tycoon sent to prison over $140k toilet tax dispute

The Phnom Penh Municipal Court imprisoned a prominent businesswoman who has exclusive rights to collect taxes at a number of Phnom Penh markets Monday over breach of trust charges related to a subcontracting agreement, signed in 2008, to let a business partner collect fees at ...

Ben Sokhean and Khuon Narim
http://www.cambodiadaily.com/news/market-tycoon-sent-to-prison-over-140k-toilet-tax-dispute-65698/

Floods swamp capital

A torrential downpour that lasted over three hours yesterday morning has left many in the capital struggling with flooded houses, businesses and travel conditions, sparking outcry that authorities have not done enough to manage the rain’s effects. Flooding took place in virtually every district in ...

Taing Vida
http://phnompenhpost.com/national/floods-swamp-capital

City Hall turns away anti-eviction protesters

The Phnom Penh municipal government on Monday rejected a request from protesters to stage a one-month demonstration in the city’s Freedom Park for the release of 10 jailed activists and refused to receive their latest petition demanding a solution to their long-running land disputes. About 100 ...

Ben Sokhean
https://www.cambodiadaily.com/news/city-hall-turns-away-anti-eviction-protesters-76409/

Kratie court frees two men accused of killing reporter

The Kratie Provincial Court has freed on bail two of three men arrested for the October slaying of 49-year-old reporter Taing Try after the third man told the court that he carried out the murder on his own, the court’s chief prosecutor said Sunday. Taing Try, ...

Saing Soenthrith
https://www.cambodiadaily.com/news/kratie-court-frees-two-men-accused-of-killing-reporter-73750/

Gov't eyes industrial expansion

In search of Cambodia’s next economic growth driver, the government yesterday laid out the Cambodia Industrial Development Policy 2015-2025, which aims to expand the Kingdom’s narrow industrial base beyond garments and rice.The new policy, launched by Prime Minister Hun Sen at the Peace Palace in ...

Sor Chandara and Ananth Baliga
http://www.phnompenhpost.com/business/govt-eyes-industrial-expansion

A ‘unique Khmer family’

In an apparent defence of his frequent absence from the Kingdom, opposition Cambodia National Rescue Party president Sam Rainsy said that visiting Cambodians in wealthy Western countries such as France or Australia was just as important as visiting them in Cambodia itself. A recent war ...

Charles Rollet and Meas Sokchea
http://www.phnompenhpost.com/national/unique-khmer-family

Prudential granted approval by ministry

Prudential Corporation Asia yesterday received “in-principle” approval from the Ministry of Economy and Finance to establish a foreign-owned life insurance operation in the country, an official statement from the company said. The announcement comes after Canadian life insurance giant Manulife on Thursday made public plans for ...

http://www.phnompenhpost.com/index.php/2012070357155/Business/prudential-granted-approval.html

When trees are cut down, Angkor’s temples begin to crumble

The temples of Angkor in Cambodia are known for their lost-world feel, thanks in part to trees and vegetation that have colonized the structures. While giant roots and trunks pouring over ancient blocks and carvings look cool, the trees are actually a destructive force acting on ...

Rachel Nuwer
http://www.smithsonianmag.com/smart-news/when-trees-are-cut-down-angkors-temples-begin-crumble-180951798/?no-ist

WFP to start phase two of food aid

In order to mitigate the impacts of the pandemic on Cambodia, the World Food Programme (WFP) in cooperation with the Ministry of Education will conduct the second phase of food aid for five provinces in the Kingdom to respond to the current crises. ...

Som Kanika
https://www.khmertimeskh.com/50737380/wfp-to-start-phase-two-of-food-aid/

Cambodia Chamber of Commerce plans Europe, US offices to boost trade

Cambodia Chamber of Commerce (CCC) is forging on with plans to open representative offices in Europe and the US next year in a bid to shore up trade and draw in more investment, its vice-president Lim Heng told The Post on Wednesday. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-chamber-commerce-plans-europe-us-offices-boost-trade

Cambodia produces 9.3 mln tonnes of paddy rice last year

Cambodia had produced 9.3 million tons of paddy rice in 2013, which was comparable to the amount in 2012, according to the report of the Ministry of Agriculture on Thursday.​ Hean Vanhorn, director of the single window secretariat for facilitating milled rice exports, called on ...

Global Times News Staff
http://www.globaltimes.cn/content/838958.shtml#.UuHaSMr-LIU

Upcoming holidays to be celebrated under tight security

Tighter security will be expected across the country in conjunction with the upcoming holidays, from August 17 to 21, which was set in lieu of the postponed Khmer New Year in April. ...

Ben Sokhean
https://www.khmertimeskh.com/50749968/upcoming-holidays-to-be-celebrated-under-tight-security/

ACLEDA bank to continue its SME support across 2021

President and Group Managing Director of ACLEDA Bank Plc In Channy has announced that the bank has reserved nearly $600 million for lending to the small and medium enterprises (SMEs) sector in Cambodia in 2021. ...

Sok Chan
https://www.khmertimeskh.com/50809009/acleda-bank-to-continue-its-sme-support-across-2021/

Clouded leopard rescued from snare dies

A clouded leopard which was snared in Kampot province has died due to its injuries. Last week, the clouded leopard was removed from a snare in Teuk Chhou district and later taken in by local police. ...

Sen David
https://www.khmertimeskh.com/50900525/clouded-leopard-rescued-from-snare-dies/

$2.4 million bag and shoe factory gets CDC’s nod

The Council for the Development of Cambodia (CDC) has approved a new garment factory in Kandal province. Auspicious Bag and Shoes Accessories Co  Ltd is investing $2.4 million in the project at Kraing Makak in Ang Snuol district. ...

Michael Firn
https://www.khmertimeskh.com/50920851/2-4-million-bag-and-shoe-factory-gets-cdcs-nod/

$30 million ADB financing to support Cambodia’s COVID-19 response

The Asian Development Bank (ADB) has approved $30 million in financing to help strengthen Cambodia’s health system amid a surge in new infections and sustained community transmission of the coronavirus disease (COVID-19), said ADB in a press release. ...

Khmer Times Staff
https://www.khmertimeskh.com/50948240/30-million-adb-financing-to-support-cambodias-covid-19-response/

Preah Sihanouk building a dozen beachside coastguard towers

Preah Sihanouk provincial authorities are inspecting and selecting locations for the construction of 12 additional coastguard towers from Ochheuteal to Chum Teav Mao beaches in Sihanoukville to rescue people involved in any incidents in the water. ...

Voun Dara
https://www.phnompenhpost.com/national/preah-sihanouk-building-dozen-beachside-coastguard-towers

Tax collection exceeds $2.56 billion for first 11 months

The General Department of Taxation collected $2.56 billion in tax revenue between January to November this year, exceeding the 2021 targeted plan. Officials and key insiders said the exceeding revenue in the tax sector reflected the government’s efforts on efficient tax collection and the business ...

Chea Vanyuth
https://www.khmertimeskh.com/50988560/tax-collection-exceeds-2-56-billion-for-first-11-months/

Koh Kong aims to develop province’s coastal islands

Koh Kong provincial authorities are compiling detailed data on the 23 islands in the province to facilitate the development of them as the number of tourists is on the increase and businesses continue to show interest in investing heavily in the islands. ...

Lay Samean
https://www.phnompenhpost.com/national/koh-kong-aims-develop-provinces-coastal-islands

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