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Kingdom’s airlines adjusting course due to slower tourism

Tighter competition and a slowdown in international tourism growth has prompted airlines registered in Cambodia to scale back their fleet expansion plans and shift focus to serving the more promising Chinese tourist market, new research shows. ...

Cam McGrath and Sor Chandara
http://www.phnompenhpost.com/business/kingdoms-airlines-adjusting-course-due-slower-tourism

Taiwan firms seek local partners

A group of companies from Taiwan are seeking joint ventures with partners in Cambodia, to export products and services to the Kingdom, amidst growing investor confidence that the Mekong country is developing in almost all sectors. ...

Chea Vannak
http://www.khmertimeskh.com/news/25508/taiwan-firms-seek-local-partners/

Office space increases

The completion of three new office buildings in Phnom Penh in the first half of this year has marginally boosted the city’s office space supply, according to the latest sector report by Knight Frank Cambodia. ...

Sum Manet
http://www.khmertimeskh.com/news/28972/office-space-increases/

Bribes alleged at Phnom Oral Sanctuary

Government rangers, paid to protect the Phnom Oral Wildlife Sanctuary, allow loggers to process and transport illegally felled timber in exchange for bribes, an NGO alleged yesterday after conducting an undercover operation in the protected forest. ...

Phak Seangly
http://www.phnompenhpost.com/national/bribes-alleged-phnom-oral-sanctuary

MFIs tackle over-indebtedness

Clients of microfinance institutions (MFIs) in the Kingdom can now expect some form of protection from over-indebtedness that arises from their inability to meet their financial obligations on time as agreed in a credit agreement. ...

Sok Chan
http://www.khmertimeskh.com/news/27142/mfis-tackle-over-indebtedness/

Meat seized; sellers flee from Stung Treng market

Local authorities confiscated more than 30 kilograms of rare wildlife meat being illegally sold yesterday during a second raid in eight days at a market in Stung Treng province, though once again, no arrests were made.​ ...

Phak Seangly
http://www.phnompenhpost.com/national/meat-seized-sellers-flee-stung-treng-market

Low marks for Cambodia’s efforts to combat illicit trade

Cambodia ranked third-worst for illicit trade out of 17 countries in the Asia-Pacific region in a recently released index by the Economist Intelligence Unit (EIU) that analysed governments’ abilities to combat illegal trade operations.​ ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/low-marks-cambodias-efforts-combat-illicit-trade

Court taxes unemployed workers

About 100 workers from the Chung Fai Knitwear factory in Phnom Penh’s Meanchey district protested in front of the capital’s municipal court yesterday, demanding a judge remove a fee they are unable to pay. ...

Mom Kunthear
http://www.khmertimeskh.com/news/35171/court-taxes-unemployed-workers/

Angkor Gold approves mining payout scheme

Cambodian mining firm Angkor Gold has agreed to accept payment by instalment on Mesco Gold’s final tranche for the purchase of its Phum Syarung gold mine in northeastern Cambodia, the company said in press release. ...

Post Staff
http://www.phnompenhpost.com/business/angkor-gold-approves-mining-payout-scheme

CSX listed companies show good Q1 results

Two listed state-owned enterprises – Phnom Penh Water Supply Authority (PPWSA) and Phnom Penh Autonomous Port (PPAP) showed better results in the first quarter of the year due to a rise in revenue.   ...

May Kunmakara
http://www.khmertimeskh.com/news/38598/csx-listed-companies-show-good-q1-results/

Should Western countries impose sanctions on Cambodia?

Cambodian politics reached a new boiling point with the arrest of the opposition leader last week. Kem Sokha was handcuffed in the middle of the night in his house and accused of “treason” by the government. ...

Chhoeun Kongkea
http://www.atimes.com/western-countries-impose-sanctions-cambodia/

City pushes for better fire safety

City Hall officials urged the public yesterday to take fire safety seriously and called for help in dealing with fire-related problems beyond their current capacity, including handling infernos in high-rise buildings and construction sites. ...

Pech Sotheary
http://www.khmertimeskh.com/news/35873/city-pushes-for-better-fire-safety/

Cambodia Post hopes to deliver for e-giants

State-owned Cambodia Post plans to launch a new e-commerce company in a move to latch onto the growth of online transactions in the Kingdom and diversify its revenue streams, a company executive said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/cambodia-post-hopes-deliver-e-giants

White Building demolition soon to begin

The Ministry of Land Management yesterday announced that the decades-old White Building in the capital will be demolished starting July 17 in order to make way for a new 21-storey structure.   ...

Ananth Baliga and Kong Meta
http://www.phnompenhpost.com/national/white-building-demolition-soon-begin

More villagers evacuated as floods continue

Authorities yesterday evacuated 190 households in four communes within Oddar Meanchey’s Trapaing Prasat district due to severe flooding, one day after 100 families were ferried to safety in Preah Vihear province, where two people died.​ ...

Sen David and Ven Rathavong
http://www.khmertimeskh.com/5075386/villagers-evacuated-floods-continue/

Baby cranes

Fifty endangered sarus cranes have hatched from 27 nests protected by conservationists and villagers in Cambodia’s Northern Plains, according to the Wildlife Conservation Society (WCS). The nests are in Kulen Promtep and Chhep wildlife sanctuaries. ...

Post Staff
http://www.phnompenhpost.com/national/baby-cranes

Water taxi system to kick off by Khmer New Year

A public transport system based on boats, known as water taxis, for the capital is in its first stage of development, with officials saying it will be ready by April, in time for Khmer New Year. ...

Chea Vannak
http://www.khmertimeskh.com/5099604/water-taxi-system-kick-off-khmer-new-year/

Preliminary negotiations over Block D exploration begin

A Chinese-based oil exploration company and a Canadian partner have entered into preliminary negotiations with the government to obtain an exploration license in Block D in the Gulf of Thailand, according to a government spokesman. ...

Hor Kimsay
http://www.phnompenhpost.com/business/preliminary-negotiations-over-block-d-exploration-begin

Logging busts persist as tycoon implicated

Two separate timber busts in recent days netted some 300 pieces of illegally transported wood in Stung Treng belonging to a prominent businessman, and several hidden timber stockpiles at a military officer’s Kampong Speu lumberyard. ...

Phak Seangly
http://www.phnompenhpost.com/national/logging-busts-persist-tycoon-implicated

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