Cambodia announces 17% increase in 2016 defence budget
The National Assembly of Cambodia approved on 30 November a 2016 defence budget of USD383 million, a 17% increase against spending in 2015. The defence allocation amounts to around 9% of total government expenditure for the year and about 2% of GDP. ...
Jon Grevatt
http://www.janes.com/article/56333/cambodia-announces-17-increase-in-2016-defence-budget
Investment in construction reaches all-time high
Investment in the construction sector reached an all-time high last year at almost $3.5 billion, up about 40 percent from the $2.5 billion invested in the sector in 2014, according to data from the Ministry of Land Management, Urban Planning, and Construction. ...
Sum Manet
http://www.khmertimeskh.com/news/19955/investment-in-construction-reaches-all-time-high/
Election-focused NGOs get big slice of EU grants
The European Union (EU) last week announced this year’s recipients of 8.2 million euros ($8.9 million) in grants to civil society, with much of the money going to nongovernmental groups whose stated goal is to make the country’s elections more open and inclusive. ...
Maddy Crowell
http://www.khmertimeskh.com/news/20817/election-focused-ngos-get-big-slice-of-eu-grants/
Thai logistics set to step into Cambodia
JWD InfoLogistics Plc is planning to expand its business to the Cambodian market with the launch a real estate investment trust (REIT) worth 2 billion baht (about $56.4 million) this year to finance its expansion in ASEAN, according to a report in the Bangkok Post. ...
Sum Manet
http://www.khmertimeskh.com/news/21305/thai-logistics-set-to-step-into-cambodia/
Government to push fish farming
The government has set an annual target of producing 1.2 million tons of fish in farms within the next three years to support high local demand and to reduce the flood of imports from neighboring countries, according to the Ministry of Agriculture, Forestry and Fisheries. ...
Chea Vannak
http://www.khmertimeskh.com/news/28196/government-to-push-fish-farming/
Multimedia project gives help to young Cambodians braving the job market
The project Klahan9—from the Khmer word Klahan, meaning “brave”—is a multimedia initiative that aims to help youths make better decisions about their careers. The show is broadcast live on Sundays between 1pm and 2pm on FM103. ...
Revenue from business registration fees rises
Revenue from business registration fees rose 13 percent to about $2.4 million in the first 11 months of the year over the same period last year, with 4,076 businesses registering at the Commerce Ministry compared to 3,618 in the year-ago period, the ministry said yesterday. ...
Sok Chan
http://www.khmertimeskh.com/news/18655/revenue-from-business-registration-fees-rises/
GIZ pumps euros into workplace inspections
In a bid to reassure European shoppers concerned with unfair labour practices, Germany’s state aid agency GIZ has pledged €1.2 million ($1.3 million) to a new program focused on enhancing Cambodia’s labour inspections system for the garment sector. ...
Charles Rollet
http://www.phnompenhpost.com/national/giz-pumps-euros-workplace-inspections
Garment, footwear exports on the rise
The total value of exports from the Kingdom’s garment and footwear industry increased sharply this first quarter by 39.1 percent to some $2 billion compared to about $1.5 billion in the same period last year, according to figures released by the Ministry of Commerce. ...
Sok Chan
http://www.khmertimeskh.com/news/26220/garment--footwear-exports-on-the-rise/
Monitor’s results CPP took about 50% at election
Transparency International (TI) Cambodia yesterday said that the ruling Cambodian People’s Party appeard to have won 49.4 percent of the nationwide popular vote on June 4 based on the stations it monitored, nearly six percentage points ahead of the CNRP’s 43.2 percent. ...
Ananth Baliga
http://www.phnompenhpost.com/national/monitors-results-cpp-took-about-50-election
CNRP claims voter fraud
The opposition Cambodia National Rescue Party (CNRP) will file a complaint with the National Election Committee (NEC) this week, alleging that more than 2,000 Vietnamese migrants have illegally registered to vote. According to party spokesperson Yim Sovann, the alleged registrations took place across southern Cambodia. ...
Pech Sotheary
http://www.khmertimeskh.com/news/31265/cnrp-claims-voter-fraud/
'Silent waterworld': Cambodian village submerged by floodwater from Chinese-built dam
Floodwater released from a hydroelectric dam has completely submerged a Cambodian village, turning it into a “silent waterworld”. The new Lower Sesan 2 Dam has unleashed a deluge of water on Srekor, in the northern province of Stung Treng, according to California-based campaign group International Rivers. ...
New MoU with Korea for tech centre
The Ministry of Industry and Handicraft will cooperate with two South Korean high-tech companies to establish a technology centre with the aim of facilitating the exchange of information on the development of optic cable technology. ...
Chea Vannak
http://www.khmertimeskh.com/5087660/new-mou-korea-tech-centre/
Government calls for more local products
Deputy Prime Minister Men Sam An has called for the greater use of local products in the tourism sector, as products from overseas that continue to supply the industry result in a 25 per cent loss in revenue for Cambodia’s US$2 billion-a-year tourism industry. ...
http://www.phnompenhpost.com/index.php/2012070457177/Business/government-call-local-products.html
Siem Reap Market Fire Kills 8
Eight people, four of them children, were killed when fire ripped through Siem Reap City’s popular night market in the early hours of Saturday morning, officials and witnesses said. The fire, which stared at about 2 a.m., left the market completely gutted and damage estimated at ...
http://www.cambodiadaily.com/news/siem-reap-market-fire-kills-8-6531/
Senior Thai foreign ministry official to visit Cambodia
Thailand’s Foreign Ministry Permanent Secretary Sihasak Phuangketkeow will visit neighbouring Cambodia this week. Mr Sihasak, in his capacity as Acting Foreign Minister, is scheduled to visit Phnom Penh on Tuesday and Wednesday July 1 and 2 to deepen bilateral ties between the two nations. ...
MCOT
http://www.pattayamail.com/news/senior-thai-foreign-ministry-official-to-visit-cambodia-39105
Cambodian girl dies of bird flu: WHO
A 2-year-old girl from southwestern Kampot province died of H5N1 human avian influenza on Friday, bringing the number of cases to nine so far this year, said a joint statement from the World Health Organization (WHO) and the Cambodian Health Ministry on Monday. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/health/2014-03/17/c_133192908.htm
Cambodia sees 44% rise in new company registrations in 7 months
Cambodia has granted operating licenses to 2,424 new companies in the first seven months of 2014, up 44 percent compared with 1,688 firms over the same period last year, according to the latest report of the Ministry of Commerce on Tuesday. ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=238871
Fee hike reduced after med students protest
Following a huge outcry from medical students, the University of Health Sciences agreed yesterday to lower a planned rise in annual tuition for those hoping to pursue a medical specialty beyond their general degree. The students then agreed to accept the rector’s offer of $2,250, ...
Chhay Channyda
http://phnompenhpost.com/national/fee-hike-reduced-after-med-students-protest
After talks, workers return to jobs at M&V garment factory
A weekslong strike by more than 2,000 workers from a Phnom Penh factory that supplies global fashion brand H&M ended Wednesday after unions scaled down their original demands and backed down over a condition that workers receive their full salaries for the strike period, representatives ...
Ben Sokhean
https://www.cambodiadaily.com/news/after-talks-workers-return-to-jobs-at-mv-garment-factory-85362/