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Future condo supply to impact the serviced apartment market

In the first half of 2015, the supply of serviced apartments saw an increase of 14 per cent when compared to the same period last year while rental prices remained stable. According to a recent report from CBRE Cambodia, a total of additional 349 serviced apartment ...

Siv Meng and Rebecca Heliot
http://www.phnompenhpost.com/real-estate/future-condo-supply-impact-serviced-apartment-market

Cambodia benefits from Japanese tech

Minister of Economy and Finance Aun Pornmoniroth has encouraged the Japanese-owned Kirirom Institute of Technology to seek more Japanese technology companies to aid the establishment of the Eco-Technology Park at the Kirirom resort in Kampong Speu province. ...

May Kunmakara
https://www.phnompenhpost.com/business/cambodia-benefits-japanese-tech

Red-tape eliminated for agro-product exporters

The Ministry of Agriculture, Forestry and Fisheries has announced that rice exporters and agro-product exporters can now attain sanitary and phytosanitary certificates at one window service centres to streamline the process. The ministry’s decision was made after a Cambodia Rice Federation proposal last week. ...

Thou Vireak
https://www.phnompenhpost.com/national/red-tape-eliminated-agro-product-exporters

Factories file for suspension, 3,000 workers to be affected

At least 10 factories have filed for temporary suspension as the supply of raw mAterials from China dries up, the Ministry of Labour and VocAtional Training said on Thursday. This could affect the livelihoods of as many as 3,000 workers. ...

Long Kimmarita
https://www.phnompenhpost.com/national/factories-file-suspension-3000-workers-be-affected

1,000 containers with raw material offer relief to Kingdom’s factories

Prime Minister Hun Sen on Saturday announced the arrival of 12 ships containing more than 1,000 containers of raw materials from China at Sihanoukville Autonomous Port to supply struggling garment factories in the Kingdom. ...

Sen David
https://www.khmertimeskh.com/50702057/1000-containers-with-raw-material-offer-relief-to-kingdoms-factories/

Virus cases soar to 84, latest patients quarantined in Preah Sihanouk hotel

Twenty-nine French tourists and two Cambodians being quarantined at a hotel in Preah Sihanouk province’s Sihanoukville have tested positive for the virus after coming into contact with two CoVID-19 patients, raising the tally to 84, according to a Health Ministry’s statement. ...

Ben Sokhean
https://www.khmertimeskh.com/50704525/virus-cases-soar-to-84-latest-patients-quarantined-in-preah-sihanouk-hotel/

Cellcard announces Cambodia’s first 5G use case to help the Kingdom during Covid-19

Cellcard has today announced Cambodia’s first 5G use case – a telemedicine service at four locations across Phnom Penh to help the nation’s most critically ill during the Covid-19 crisis. ...

Khmer Times Staff
https://www.khmertimeskh.com/50706678/cellcard-announces-cambodias-first-5g-use-case-to-help-the-kingdom-during-covid-19/

PM mulling emergency as virus cases rise to 96

“I am looking at the possibility in Article 22 of the Constitution to request the King to declare a state of emergency. I don’t want to use it, but if my appeal [to the people] is ineffective, Article 22 of the Constitution will be used. ...

Phuon Chansereivuth and Niem Chheng
https://www.phnompenhpost.com/national/pm-mulling-emergency-virus-cases-rise-96

MFIs defy typically slow first quarter

Total loans and deposits at the Kingdom’s microfinance institutions jumped in the first quarter of 2012 despite what is typically a slow season for the industry, insiders said yesterday. Loans outstanding reached US$708 million for the period ending on March 31, climbing 9.8 per cent from ...

http://www.phnompenhpost.com/index.php/2012050856024/Business/mfis-defy-typically-slow-first-quarter.html

Newest ASEAN fund may be out of reach for Cambodian govt

The ASEAN Infrastructure Fund, the largest pooling of financial resources among Southeast Asia’s 10-member bloc, held its first board meeting in Manila last week, but the extent to which Cambodia will borrow from the non-concessional fund has yet to be determined, experts said. ASEAN countries and ...

http://www.phnompenhpost.com/index.php/2012050756005/Business/newest-asean-fund-may-be-out-of-reach-for-cambodian-govt.html

Police arrest suspect in Koh Rong attack

Sihanoukville police on Sunday arrested one of the men behind last week’s violent attack on two foreign nationals on Koh Rong island, identifying the suspect as a staff member at the guesthouse where the assault took place, according to officials. ...

Ouch Sony and George Wright
https://www.cambodiadaily.com/news/police-arrest-suspect-in-violent-koh-rong-attack-80522/

No power shortage during dry season: Ministry

The Ministry of Mines and Energy said there is no shortage of electricity during this year’s dry season as compared to last year. Even so, the ministry said it would continue to boost electricity access in all households across the country by at least 78 ...

Pech Sotheary
https://www.khmertimeskh.com/50716106/no-power-shortage-during-dry-season-ministry/

Chinese and Cambodian Armed Forces Joined Hands in Fighting COVID-19

On April 25, 2020, the Chinese Air FOrce transpOrt plane, lOaded with anti-pandemic materials, landed at PhnOm Penh AirpOrt again, bringing deep affectiOn and gOOd wishes frOm the 1.4 billiOn Chinese peOple and 2 milliOn Chinese PeOple&rsquO;s LiberatiOn Army Officers and sOldiers. ...

Li Jingfeng
https://www.khmertimeskh.com/50718168/chinese-and-cambodian-armed-forces-joined-hands-in-fighting-covid-19/

Kidney-sale sentence cut in half on appeal

A woman who had been sentenced to 15 years for organ trafficking in March had her sentence halved at the Appeal Court yesterday, while her two relatives convicted in absentia saw their 10-year sentences dropped entirely. ...

Kim Sarom
http://www.phnompenhpost.com/national/kidney-sale-sentence-cut-half-appeal

PM calls out US again for bombs

Cambodian Prime Minister Hun Sen yesterday used a speaking slot at a children’s rights conference to once again castigate the United States, urging the UN to “increase its volume” in condemning the US for dropping bombs that maimed and killed children.​ ...

Touch Sokha and Erin Handley
http://www.phnompenhpost.com/national/pm-calls-out-us-again-bombs

Thai bank’s $140M offer to buy Cambodian MFI on hold

Eight months since announcing the biggest acquisition deal in the history of Cambodia’s financial sector, Thailand-based Bank of Ayudhya, also known as Krungsri Bank, has yet to receive approval for the landmark deal. In a statement released in January, Bank of Ayudhya announced its intention ...

Hor Kimsay
http://www.phnompenhpost.com/business/thai-banks-140m-offer-buy-cambodian-mfi-hold

Business concept competition a success

A business concept competition between university students from Cambodia, Japan and Myanmar that provided the perfect opportunity for improving business plans and networking with business people yesterday was won by one of Cambodia’s own. Lay Huy Huoy, a second-year student at Cambodian Mekong University majoring in business and ...

http://www.phnompenhpost.com/index.php/2012081357947/Business/local-students-win-business-concept-competition.html

Publisher tells court his posts sought attention and ‘Likes’, not chaos

A news publisher who was imprisoned over criticisms of Prime Minister Hun Sen in several social media posts pleaded guilty at his trial on Tuesday but said he was just trying to arouse interest and more “likes.” ...

Ouch Sony
https://vodenglish.news/publisher-tells-court-his-posts-sought-attention-and-likes-not-chaos/

Higher budgets and more skills ‘needed to embrace digital transformation’

Cambodia is at risk of “getting left behind” if it doesn’t invest more in a digitally skilled workforce as local companies look to improve their business process and customer experience through “digital transformation”, according to a panel discussion on an industrywide survey. ...

Harrison White
https://www.khmertimeskh.com/50765233/higher-budgets-and-more-skills-needed-to-embrace-digital-transformation/

Oral sanctuary land grab thwarted

Kampong Speu provincial police and NGo ACNCIPo director Chea Hean stopped nearly 100 people from grabbing more than 200ha illegally in the Phnom oral Wildlife Sanctuary on Wednesday. The incident occurred at the Trapaing Thmea village in oral district. ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/oral-sanctuary-land-grab-thwarted

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