Committee created to vet 'oknhas'
The government has issued a decision establishing an inter-ministerial committee to study and prepare legal standards regarding the title of Oknha — an honorific bestowed on those who have made significant contributions to national development — with provisions that allow for the official revocation of ...
Post Staff
https://www.phnompenhpost.com/national/committee-created-vet-oknhas
Eight month exports valued at 11.08 bn
Cambodia’s exports in the first eight months this year saw a decrease, official figures showed. Its exports were worth $11.086 billion, inching down 5.3 percent compared with the same period last year, according to a study by the Ministry of Commerce. ...
Chea Vanyuth
https://www.khmertimeskh.com/50934036/eight-month-exports-valued-at-11-08-bn/
Cambodia may start building high speed rail as early as 2023
Construction on high-speed rails in the Kingdom could begin as soon as next year, with studies well underway on the conversion of existing railway and the creation of two new lines – one of which runs to the Vietnamese border – to optimally boost rail ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-may-start-building-high-speed-rail-early-2023
Cabinet approves $1.7B Tonle Bassac project
The Council of Ministers on Friday approved the Tonle Bassac navigation and logistics system project worth approximately $1.7 billion to maximise the potential of Cambodia’s waterway transportation by connecting the Mekong River system to the sea after a 26-month study has been completed, said a ...
Kang Sothear
https://www.khmertimeskh.com/501294139/cabinet-approves-1-7b-tonle-bassac-project/
MISTI inks deal with Chinese firm for clean water project
The Ministry of Industry, Science, Technology and Innovation (MISTI) has signed a Memorandum of Understanding (MoU) with Chinese firm Beijing Urban Construction Group (BUCG) to carry out a feasibility study on implementing a project that aims to supply clean water across the populations living on ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501303483/misti-inks-deal-with-chinese-firm-for-clean-water-project/
‘Fintech playing key role in financial inclusion efforts’
The fintech sector is playing a major role in the financial inclusion efforts pioneered by the National Bank of Cambodia (NBC), Governor Dr Chea Serey said while delivering the keynote address at the CamTech Summit 2023 yesterday at the Centre for Banking Studies. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501399932/fintech-playing-key-role-in-financial-inclusion-efforts/
Cambodia’s local trade finance market estimated at $1.6B
The Kingdom’s local trade finance market currently stands at $1.6 billion and improving access to affordable trade finance could increase imports and exports by up to nine percent, according to the latest study conducted by the International Finance Corporation (IFC). ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501412155/cambodias-local-trade-finance-market-estimated-at-1-6b/
Forest Administration team conduct wildlife survey
NatureLife Cambodia and O Rey Community Protected Area (CPA) collaborated with the national and provincial forest administration team and Hong Anh Lumphat economic land concession to study the presentation of wildlife in Hong Anh Lumphat economic land concession on 10 February 2024. ...
Khmer Times Staff
https://www.khmertimeskh.com/501446894/forest-administration-team-conduct-wildlife-survey/
New M’kiri airport to boost tourism, economy but deforestation concerns linger
The government has permitted private firm Focus Trans Global Venture Co Ltd (FTGV) to study the construction of a new airport in Mondulkiri province, northeast of Cambodia, as well as invest in a build, operate and transfer (BOT) model, the Office of the Council Minister ...
Khuon Narim
https://cambojanews.com/new-mkiri-airport-to-boost-tourism-economy-but-deforestation-concerns-linger/
Land prices in Phnom Penh increase by 15 per cent in first quarter
The more Cambodia’s economy grows and the more investors come into Cambodia has had some positive and negative effects, and one of those effects is to push up land prices in Phnom Penh for the first quarter in 2013, an increase of 15 per cent. Sorn ...
http://www.phnompenhpost.com/real-estate/land-prices-phnom-penh-increase-15-cent-first-quarter
Thai company shelves Kampot cement project
Thailand’s second-largest cement company has suspended a cement-plant project valued at about $200 million in Kampot province because of political uncertainty and better investment opportunities in Myanmar, according to a senior executive. Philippe Arto, the managing director of Siam City Cement Public Company Limited (SCCC), said ...
Rann Reuy and May Kunmakara
http://www.phnompenhpost.com/business/thai-company-shelves-kampot-cement-project
City's Water Authority Open to Bids
The Phnom Penh Water Supply Authority (PPWSA) will begin taking bids from investors tomorrow in order to determine the price and number of shares it will issue during its long-awaited initial public offering on Cambodia’s stock exchange, the company’s general director said yesterday. Investors will ...
Land Concessions Now at 1.2 Million Hectares, Official Says
The total number of land concessions offered by the government to private agro-industrial firms hit 1.19 million hectares, or 13.5 percent of Cambodia’s total land mass, a senior official at the Ministry of Agriculture said yesterday. The government figure undermines figures released late last year ...
Canadia, Gov't Look to Soothe Tax Process
With the deadline to pay annual property taxes rapidly approaching, hundreds of Phnom Penh homeowners queued this week at Canadia Bank’s headquarters on Monivong Boulevard to pay their tax bills in relative comfort, and avoid long visits to district and municipal taxation offices. Canadia Bank signed ...
The Week at the CSX
The price of the Phnom Penh Water Supply Authority stock over the Aug. 30-Sept. 5 period fluctuated from KHR 6,350 (US$1.57) to KHR 6,450 (US$1.59), but trading volumes went down to zero again on Aug. 31, the second time in the bourse’s short history. With ...
Kratie meet pushes dolphin protection
Residents of Kratie province had an education in conservation yesterday as the government and outside partners reiterated a September sub-decree banning gill nets on a sizable stretch of the Mekong in a bid to protect the badly endangered Mekong River dolphin. Touch Seang Tana, head of the Commission ...
Supporters Pray for Mam Sonando’s Release
More than a hundred supporters of imprisoned Beehive Radio owner Mam Sonando gathered at the Preah Ang Dang Keu Shrine in front of the Royal Palace yesterday morning to offer prayers for his release. Sporting shirts printed with photos of Mr. Sonando, the group lit candles ...
Hun Sen Takes Aim at US During Speech
Addressing the killing of 14-year-old Heng Chantha for the first time since she was shot dead last month by government security forces, Prime Minister Hun Sen offered his condolences before declaring that the killing of the teenager was not as serious as the U.S. bombing ...
Firms Go to Arbitration Over Failed Gold Mining License Deal
Despite touting its Cambodian venture on the Frankfurt Stock Exchange (FSE), a British registered mining firm’s plan to extract gold in Ratanakkiri province stalled and the firm may face legal action over a failed deal to obtain an exploration license. Astra Resources Plc. has also gone ...
Homeowners petition ADB
The occupants of 90 Phnom Penh households whose homes were partially or completely dismantled to make way for the Railway Rehabilitation Project partly funded by the ADB have demanded the bank offer them fair compensation. In a letter submitted to the Inter-Ministerial Resettlement Committee, the ADB, ...
http://www.phnompenhpost.com/2013052165738/National/homeowners-petition-adb.html