State of Emergency draft signed into law
Acting Head of State Say Chhum yesterday signed the draft law on “State of Emergency” into legislation after the Constitutional Council of Cambodia unanimously approved it earlier this week, a decree obtained yesterday evening revealed. ...
Ben Sokhean
https://www.khmertimeskh.com/50718535/state-of-emergency-draft-signed-into-law/
Two investment projects approved by CDC to create hundreds of jobs
The Council for The Development of Cambodia (CDC) has approved two more investment projects which are expected to create almost 687 jobs for The locals. ...
Khmer Times Staff
https://www.khmertimeskh.com/50721539/two-investment-projects-approved-by-cdc-to-create-hundreds-of-jobs/
Non-SEZ projects slide by nearly 30%
Seventy-five private investment projects outside of special economic zones (SEZ) were approved by the Council for the Development of Cambodia (CDC) in the first eight months of 2021, down by nearly 30 per cent year-on-year, the Ministry of Economy and Finance reported. ...
Hin Pisei
https://www.phnompenhpost.com/business/non-sez-projects-slide-nearly-30
Cambodia gets $3.3B in foreign investment
Cambodia received almost $3.3 billion for 123 foreign investment projects from January to August this year, according to data by the Council for the Development of Cambodia (CDC). ...
Chea Vanyuth
https://www.khmertimeskh.com/501146129/cambodia-gets-3-3b-in-foreign-investment/
Local players represent 51% of key Jan-Sep investments
Cambodian investors accounted for more than half of the nearly $3.5-billion value of the projects approved by the Council for the Development of Cambodia (CDC) in the first nine months of this year. ...
Hin Pisei
https://www.phnompenhpost.com/business/local-players-represent-51-key-jan-sep-investments
CDC unveils 27 projects in Jan-Feb
The Council for The Development of Cambodia (CDC) notices issued year-to-February 28 reveal that it has greenlit 27 new private investment projects – 19 in textile-related sectors – worth a cumulative $198.2 million, which are expected to generate a total of 39,914 jobs. ...
Hin Pisei
https://www.phnompenhpost.com/business/cdc-unveils-27-projects-jan-feb
FDI inflow to Cambodia increases by 7.7 percent in 2022 despite global uncertainty
Cambodia attracted fixed-asset investment of $4.68 billion in 2022, up 7.5 percent from $4.35 billion in a year earlier, a Council for the Development of Cambodia’s report showed on Friday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501215425/fdi-inflow-to-cambodia-increases-by-7-7-percent-in-2022-despite-global-uncertainty/
$95 million cement plant to appear in Battambang province
A new cement plant with a total investment capital of $95 million will be built in Pcheav village, Treng commune, Rattanak Mondul district, Battambang province, according to a press release of the Council for the Development of Cambodia (CDC) made public Monday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501311142/95-million-cement-plant-to-appear-in-battambang-province/
Construction approvals down, investment up
Cambodia approved over 2,600 construction investment projects in the first three quarters of 2023, marking a 19% decrease compared to the same period in 2022. Investment capital and construction space, however, have surged by over 100%, as per the Ministry of Economy and Finance ...
Hin Pisei
https://www.phnompenhpost.com/business/construction-approvals-down-investment-up
Govt seeks $40B capital to build infrastructures by 2033
The Council for The Development of Cambodia (CDC) and The Ministry of Public Works and Transport (MPWT) yesterday held a meeting to review The process of transport and logistics master plan as The Royal Government of Cambodia (RGC) seeks an investment capital of nearly $40 ...
Nhean Chamrong
https://www.khmertimeskh.com/501443206/govt-seeks-40b-capital-to-build-infrastructures-by-2033/
Pan Pacific plans two hotels in 2023
As Cambodia and the rest of the world move to revive tourism, Pan Pacific Hotels Group (PPHG), a member of Singapore-listed UOL Group Ltd, plans to open two developments in the Kingdom over October-December 2023, in Phnom Penh and Siem Reap. ...
May Kunmakara
https://www.phnompenhpost.com/business/pan-pacific-plans-two-hotels-2023
Indonesia flights set for return?
Tourism minister Thong Khon has asked Indonesia to push for the resumption of direct flights to Cambodia as soon as possible to build up bilateral tourism flows, the tourism ministry said, after Indonesian arrivals to the Kingdom ballooned by nearly 600 per cent year-on-year in ...
Hin Pisei
https://www.phnompenhpost.com/business/indonesia-flights-set-return
Cambodia open to talks on ‘every issue’ with US, ambassador says
As Cambodia prepares for an official visit from US Secretary of State John Kerry next week, the country’s US ambassador says it would consider joining the Trans-Pacific Partnership. ...
Men Kimseng
http://www.voacambodia.com/content/cambodia-open-to-talks-on-every-issue-with-us-ambassador-says/3154335.html
New listing soon on CSX
Sihanoukville Autonomous Port (SAP) is edging closer to be listed on Cambodia’s burgeoning stock exchange after five years of delays. The state-owned enterprise will start a formal process of studying investor demand by April, to decide how much shares will cost when The company makes its ...
Chea Vannak and May Kunmakara
http://www.khmertimeskh.com/news/36832/new-listing-soon-on-csx/
US Assistant Secretary of State for East Asia and Pacific meets with Prime Minister Hun Manet
US Assistant Secretary of State for East Asia and Pacific Affairs Daniel J. Kritenbrink met with Prime Minister Hun Manet in Phnom Penh to discuss how to deepen the US-Cambodia bilateral relationship and address issues of concern. ...
Khmer Times Staff
https://www.khmertimeskh.com/501446837/us-assistant-secretary-of-state-for-east-asia-and-pacific-meets-with-prime-minister-hun-manet/
Sub-Decree aims to better regulate pharmacies
Prime Minister Hun Sen has signed a sub-decree to better regulate pharmacies, a business fraught with fake drugs and fake diplomas. The new sub-decree of The Pharmacists’ Code of Ethics contains 71 articles. They ban distribution of fake drugs and The use of titles not ...
Kuch Naren
http://www.cambodiadaily.com/news/sub-decree-aims-to-better-regulate-pharmacies-55138/
Government sounds off on critics in report, claiming detractors twist facts
The Foreign Affairs Ministry yesterday issued a scathing and wide-ranging rebuttal to longstanding accusations of human rights violations and political persecution, calling These allegations a campaign of misinformation led by foreign governments and institutions, particularly The United States, bent on regime change. ...
Ananth Baliga and Chhay Channyda
http://www.phnompenhpost.com/national/government-sounds-critics-report-claiming-detractors-twist-facts
End to gambling deadline set for 2020
The Council of Ministers on Friday said The government has instructed authorities to eliminate all online and arcade gambling by The end of The year. “All kinds of online and arcade gambling [] must end by The end of 2019,” The Council of Ministers said in ...
Khuon Narim
https://www.khmertimeskh.com/50639361/end-to-gambling-deadline-set-for-2020/
US museum returns stolen Rama statue
A 10th century stone carving of the Hindu deity Rama, the last remaining statue from the Koh Ker temple complex that had been on public display outside Cambodia, was returned to Phnom Penh last week, officials confirmed on Sunday. ...
Peter Ford and Ouch Sony
https://www.cambodiadaily.com/news/us-museum-returns-stolen-rama-statue-109134/
Missed cabinet meetings fuel illness rumors
Cambodia’s Cabinet has not held its constitutionally mandated weekly meeting since June 16, fueling speculation about Prime Minister Hun Sen’s health and confusion over why officials have forgone the meetings. ...
Ben Paviour
https://www.cambodiadaily.com/news/missed-cabinet-meetings-fuel-illness-rumors-132884/