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Gov't audit shows Vietnam Rubber Group missing millions

Contentious plantation giant Vietnam Rubber Group reportedly “lost” nearly $391 million of state funds over five years, including $22.75 million from a rubber plantation in Cambodia, an official investigation into the firm’s dealings has found, according to Vietnamese media. Hanoi’s anti-corruption body, the General Inspectorate, last ...

Daniel Pye and May Titthara
http://phnompenhpost.com/national/govt-audit-shows-vietnam-rubber-group-missing-millions

Trimmer 2021 budget: Government plans 50 percent drop in spending

Amid the outbreak of the coronavirus the government plans to trim the 2021 state budget to around $4 billion, accounting for about a 50 percent drop from this year’s state budget, including an 11.3 percent drop for social affairs and 6.4 percent for general administration. ...

Ben Sokhean
https://www.khmertimeskh.com/50734167/trimmer-2021-budget-government-plans-50-percent-drop-in-spending/

China gives $240m in aid

China has granted $240 million aid to Cambodia under agreements signed by Prime Minister Hun Sen on a state visit to Beijing. ...

Ven Rathavong
http://www.khmertimeskh.com/news/38482/china-gives--240m-in-aid/

Kingdom seeks Singaporean investment

Deputy Prime Minister Hor Namhong on Tuesday urged outgoing Singaporean ambassador Kevin Cheok to encourage the island state to invest more in Cambodia. ...

Khmer Times Team
http://www.khmertimeskh.com/news/24264/kingdom-seeks-singaporean-investment/

Russia to pursue gas in Thai-Cambodian shelf

Russia’s state-owned energy giant Gazprom is considering gas production on the continental shelf of Thailand and Cambodia, Russian media reported on Friday. ...

The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/russia-pursue-gas-thai-cambodian-shelf

US extends mine clearance grant

The United States has extended for two months a grant to clear unexploded ordnances from the country through the Cambodian Mines Action Centre. ...

Ven Rathavong
http://www.khmertimeskh.com/5090902/us-extends-mine-clearance-grant/

Two new faces to join Constitutional Council

Outgoing minister of land management Im Chhun Lim and former Ministry of Tourism secretary of state Sam Prumnea are set to join the Constitutional Council. ...

Lay Samean
http://www.phnompenhpost.com/national/two-new-faces-join-constitutional-council

Cambodia will chair LDC bureau at WTO

Cambodia has been selected to chair the Global Coordination Bureau of the Least Developed Countries (LDCs) next year, state-owned media outlet AKP reported yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/cambodia-will-chair-ldc-bureau-wto

Gov’t ready to ink tax treaty with Singapore

Cambodia and Singapore have finalised an agreement on double taxation and are set to sign it into effect soon, state news agency AKP reported yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/govt-ready-ink-tax-treaty-singapore

Big logging cartel alleged

Prime Minister Hun Sen’s brother Hun Neng and a Vietnamese state-owned rubber firm are involved in an illegal logging cartel involving several well-connected companies operating on a “massive scale” in the embattled Prey Lang forest, forest monitors working in the area allege. Video footage and photographs ...

May Titthara and Daniel Pye
http://www.phnompenhpost.com/national/big-logging-cartel-alleged

ASEAN needs more funding

ASEAN needs to seek more funds from development partners to develop infrastructure and connectivity in order to narrow the gap among member states, said Prime Minister Hun Sen yesterday at the opening ceremony of the 44th ASEAN Economic Ministers meeting. The Premier said strengthening the connectivity ...

http://www.phnompenhpost.com/index.php/2012082858311/Business/asean-needs-more-funding.html

Ministry of environment opens new building

The Ministry of Environment on Monday inaugurated its palatial new headquarters in Phnom Penh’s Daun Penh district, the result of a state-private land swap. ...

Khy Sovuthy
https://www.cambodiadaily.com/news/ministry-of-environment-opens-new-building-104401/

Cambodia-US militaries to strengthen maritime security

The United States promised to work with Cambodia on maritime security at a high-level meeting in Phnom Penh yesterday between senior officials from both countries. ...

Ban Sokrith
http://www.khmertimeskh.com/news/24095/cambodia-us-militaries-to-strengthen-maritime-security/

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