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Better financial institutions needed for further development, economist says

For Cambodia to provide quality public services will require reform of its financial management system, an economist says. “Public financial management” is the balance of government revenue and expenditures, and it requires strong institutions to build public services like education, health and infrastructure, Heng Dyna, an ...

Ten Soksreinith
http://bit.ly/1CPht1e

Mental health plan risky: experts

Earlier this year, a mob in Takeo province beat a mentally ill man to death, then dragged his body into the rice paddies and set it on fire. The 27-year-old was suspected of robbery. This week, Takeo Governor Lay Vannak launched a campaign to combat future ...

Rebecca Moss and Chhay Channyda
http://www.phnompenhpost.com/national/mental-health-plan-risky-experts

ASEAN countries extend foreigners’ leasehold periods

Countries of the Association of Southeast Asian Nations (ASEAN) are taking steps to extend leasehold periods granted for foreign individual or companies for land in a bid to boost investment. The Thai government recently approved 99-year leases for state land for industrial and commercial use ...

Gulf Times News Staff
http://bit.ly/1SXnPEe

GDT threatens to publicly shame late payers

The Tax Department has threatened to publicly name companies that have not paid their outstanding dues by the end of the month. In an announcement posted on its website and in local media on Tuesday, the General Department of Taxation called on all company directors with ...

May Kunmakara and Daniel de Carteret
http://www.phnompenhpost.com/business/gdt-threatens-publicly-shame-late-payers

Rough start for CSX’s second listing

Grand Twins International launched its IPO one year ago to much fanfare, but a dwindling stock price has failed to generate much confidence in Cambodia’s fledgling bourse Despite the initial fanfare at the Cambodia Securities Exchange over the listing of Grand Twins International 12 months ago, ...

Ananth Baliga
http://www.phnompenhpost.com/post-weekend/rough-start-csxs-second-listing

Cambodia tycoon arrested after alleged attack of actress

A Cambodian real estate magnate whose violent assault of a female TV star was captured on video was arrested Saturday, authorities said, in a case that has sparked national outrage. He returned to Cambodia on Saturday, two days after Prime Minister Hun Sen called the ...

VOA Khmer News Staff
http://www.voacambodia.com/content/cambodia-tycoon-arrested-after-alleged-attack-of-actress/2869273.html

Public bus system works, but needs improvement, riders say

For many residents of Phnom Penh, a public bus system makes sense. The traffic in the capital is crowded with cars, SUVs and motor scooters, making public transportation a good, affordable option. Right now, a bus system that started in 2014 is working, but many ...

Ros Puthineat
http://www.voacambodia.com/content/public-bus-system-works-but-needs-improved-riders-say/2913585.html

Kep officials demolish illegal land grab fence

The Damnak Chang’aeur district Unified Command Committee on Tuesday demolished a concrete fence that was illegally built to encroach on flooded forest land in Angkorl commune’s Angkorl village in Kep province. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/kep-officials-demolish-illegal-land-grab-fence

A man detained for trapping wildlife

The provincial court of Mondulkiri province on Tuesday evening ordered police officers to temporarily detain a man in prison accused of “trapping wildlife” in Sre Pork Wildlife Sanctuary ...

Khouth Sophak Chakrya
https://bit.ly/2ULWhbW

UNESCO highlights education contribution amid school closures

UNESCO yesterday highlighted its role in supporting education initiatives in the Kingdom amid school closures caused by the COVID-19 global outbreak. ...

Sen David
https://www.khmertimeskh.com/50710021/710021/

US returns two seized statues to Kingdom

The US Embassy in Cambodia on Saturday facilitated the return of two Cambodian statues after its Homeland Security Investigation (HSI) seized them in 2005 and 2017. ...

Ry Sochan
https://www.phnompenhpost.com/national/us-returns-two-seized-statues-kingdom

Cambodia steps up COVID-19 awareness campaign as infected numbers rise to 91

The Premier expressed his profound thanks to the authorities at all levels for their efforts in raising public awareness on preventive measures against COVID-19 pandemic in the Kingdom. ...

Khmer Times Staff
https://www.khmertimeskh.com/50705574/cambodia-steps-up-covid-19-awareness-campaign-as-infected-numbers-rise-to-91/

Exports through Svay Rieng increase by $237 million

Cambodia’s exports through three Special Economic Zones in Svay Rieng province, which shares a border with Vietnam, have recorded a $237 million rise in the first quarter of 2020. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50713731/exports-through-svay-rieng-increase-by-237-million/

Tax breaks to boost securities sector

The Ministry of Economy and Finance issued an announcement on the implementation of guidelines on withholding tax for investors in the securities sector to promote the development of stocks in the Kingdom. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50723348/tax-breaks-to-boost-securities-sector/

Cambodia's mangroves under threat

Cambodia’s vital southern mangrove systems are choking as rising sea levels, agitated by climate change, inundate them with sand, while sand dredging sucks them dry of sediment, a study by the International Union for the Conservation of Nature (IUCN) has found. Stressed by a host of ...

http://www.phnompenhpost.com/index.php/2012120560112/National-news/mangroves-threatened.html

Vietnam ambassador questioned over border tents

The Ministry of Foreign Affairs has questioned Vietnamese ambassador to Cambodia Vu Quang Minh over the setting up of tents by its soldiers in a disputed border area in Kandal province. .. ...

Ben Sokhean
https://www.khmertimeskh.com/50729509/vietnam-ambassador-questioned-over-border-tents/

Kingdom and Hungary pledge more trade

Cambodia- and Hungary have pledged to boost economic and trade cooperation especially in the agriculture sector development. In the past bilateral trade between the two countries has been relatively small. ...

Sorn Sarath
https://www.khmertimeskh.com/50779984/kingdom-and-hungary-pledge-more-trade/

PM seeks more digitalisation across region

Prime Minister Hun Sen has called for countries in the region to increase digital connection development in a bid to help the economy recover after the COVID-19 pandemic. ...

Khmer Time Staff
https://www.khmertimeskh.com/50787340/pm-seeks-more-digitalisation-across-region/

Prey Lang forest activists concern over illegal logging amid C-19

Forest protection activists in Kampong Thom province have expressed concern over increased illegal logging in Prey Lang forest as authorities are preoccupied with the recent COVID-19 situation. ...

Tith Kongnov
https://www.khmertimeskh.com/50789283/prey-lang-forest-activists-concern-over-illegal-logging-amid-c-19/

ADB approves loans worth $70 million for Cambodia’s agriculture

The Asian Development Bank (ADB) has approved a $70 million in loan to improve the capacity of agribusinesses in six provinces across Cambodia to process key agricultural products. ...

Khmer Times Staff
https://www.khmertimeskh.com/50789891/adb-approves-loans-worth-70-million-for-cambodias-agricultur/

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