Govt issues new guidelines for anti-money laundering
The Cambodian government has issued new guidelines on anti-money laundering (AML). ...
Rachel David
https://www.khmertimeskh.com/501450451/govt-issues-new-guidelines-for-anti-money-laundering/
China-Cambodia intangible heritage exhibition enchants visitors
A China-Cambodia “Beauty of Intangible Heritage” exhibition kicked off here in the Cambodian capital on Sunday, captivating hundreds of visitors. ...
Khmer Times Staff
https://www.khmertimeskh.com/501426859/china-cambodia-intangible-heritage-exhibition-enchants-visitors/
Banking and financial services
According to the Annual supervision report 2020 by the National Bank of Cambodia (NBC), the key bodies in the banking system consists of:51 commercial banks12 specialized banks75 microfinance non-deposit taking institutions6 microfinance deposit-taking institutions245 rural credit institutionsIn addition, there are financial leasing companies, third-party processors, ...
Industrial mining
There is no large industrial-scale extraction of minerals carried out in Cambodia yet, but many exploration licenses have been granted and some mining companies have reported promising finds of minerals such as gold. Today companies from China, Korea, Vietnam, Australia and elsewhere are exploring for ...
Siem Reap’s Secret Multimillion Dollar Land Swap
Inside the grounds of this city’s old provincial hall, past a green corrugated iron fence, municipal street cleaners and their families are squatting in what was once a bustling government office filled with civil servants. Across the road, the former department of rural development is a ...
Phorn Bopha and Simon Marks
http://www.cambodiadaily.com/selected-features/siem-reaps-secret-multimillion-dollar-land-swap-42375/
Strategic environmental assessment in Mekong countries
Open Development Cambodia (ODC) was thrilled to host a panel discussion on “Strategic environmental assessment (SEA) in Mekong countries” at the 42nd Annual Conference of the International Association for Impact Assessment: Resilience through impact assessment and Leadership on 10th May 2023 at Borneo Convention Centre ...
Tourism driving total investment approvals
The high number of approved projects in the tourism sector is a sign of optimism according to Minister of Tourism Thong Khon. Due to emphasis on areas beyond Angkor Wat, Cambodia’s GDP could largely be a result of tourism. The current 57 projects are worth ...
Seized Wood Reported Stolen From R’kiri Park
Seized and then sold wood has apparently been stolen from the Try PHeap Import Export Company which bought the lumber. The wood amounts to approximately 42 cubic meters and is priced at over $37,000. Blame for the theft is being cast everywhere including on the ...
Angkor Air to start flights to Sihanoukville in December
The national carrier Angkor Air will launch a regular flight service on December 14 between Siem Reap and Sihanoukville, said Quang Dinh, assistant to the CEO of Cambodia Angkor Air, yesterday This will be the first time that Sihanoukville, the nation’s main coastal destination, will receive ...
French company begins tram feasibility study
French engineering firm Systra is underway with a feasibility study to build a tramway from Phnom Penh International Airport to the Royal Railway Station, Governor Kep Chuktema said on Friday. The agreement to study a tramway was first made between Systra and City Hall in July ...
Congo Shows Support for Cambodia’s UN Seat Bid
The Republic of Congo has become the latest country to throw its support behind Cambodia’s bid for a non-permanent seat on the UN Security Council for the 2013-2014 term, Koy Kuong, spokesman for the Ministry of Foreign Affairs, said yesterday. Henri Djombo, visiting Congolese minister ...
Riverside Buildings Damaged Amid Construction
Construction on Sisowath Quay by Vattanac Company has damaged an entire block of buildings after soil was removed from the site in order to shore up the sides with concrete. 11 families have been asked to move temporarily while the situation is remedied. The Foreign ...
Asian Development Bank keeps growth outlook at 6.8%
New policies in agriculture, real estate and finance led the Asian Development Bank (ADB) yesterday to keep its outlook on Cambodia’s economic growth this year at an estimated 6.8 percent. The announcement comes even as the World Bank and the government have reduced their expectations, projecting ...
Cambodia expects 7 pct GDP growth in 2012: Finance Minister
Cambodia’s Finance Minister Keat Chhon said Monday that the country’s Gross Domestic Product (GDP) growth is expected at 7% this year. Cambodia’s forecast was based on the increases in garments exports, tourist arrivals, and agriculture as well as a gradually recovered real estate sector, the ...
http://news.xinhuanet.com/english/business/2012-03/12/c_131462003.htm
Business group to support women
Cambodia’s first association for expanding business opportunities and financing for women was launched on Saturday. The Cambodia Women Entrepreneurs Association would seek to enhance the competitiveness of businesswomen in the growing ASEAN market, which was set to integrate by 2015, Seng Takakneary, president of the new ...
http://www.phnompenhpost.com/index.php/2012031955103/Business/business-group-to-support-women.html
Final factory shooting victim files complaint
The last of three workers shot during a protest in Svay Rieng province’s Manhattan Special Economic Zone on February 20 filed a complaint yesterday against sole suspect and former Bavet town governor Chhouk Bandith. Sam Sameth, 40, the mother of 18-year-old Keo Near, said she filed ...
Trafficked to Micronesia, Seven Fishermen Return
Seven fishermen who were trafficked to work on trawlers in waters off Micronesia were repatriated to Cambodia yesterday, the fishermen and a rights worker said. The men, who left Cambodia in 2010 and 2011 to work for Giant Ocean International as fishermen in Singapore, were trafficked ...
Close ASEAN cooperation urged to promote growth
Cambodia, the current ASEAN chair, has called for stronger financial cooperation among its member countries to promote economic growth. The main agenda is to ensure that Southeast Asia is on track to meet an ambitious goal of transforming in three years into a European Union-like ...
Maybank steers for untapped markets
Maybank will bet on what it said was Cambodia’s low bank-penetration rate for future growth as it transitions from a branch of its Malaysian parent into a locally incorporated subsidiary. With 34 licenced banks operating in a market with US$4.07 billion in loans in 2011, analysts ...
Storm levels Kampong Thom homes
Nine villagers were injured and about 270 homes damaged when a storm ravaged Kampong Thom province’s Sandan district on Friday, police said yesterday. Sandan district governor Sim Vanna told the Post that gale-force winds and heavy rain had swept across the region, leaving a trail of ...
http://www.phnompenhpost.com/index.php/2012040955509/National-news/storm-levels-k-thom-homes.html