Australia Drops Cambodian Bribery Allegations
The Australian Federal Police (AFP) have closed an investigation into suspicious payments to officials in Cambodia by the world’s largest mining company BHP Billiton, according to a report released by the Organization for Economic Cooperation and Development (OECD). Although the report, released last month, does not ...
http://www.cambodiadaily.com/business/australia-drops-cambodian-bribery-allegations-5337/
NGOs Assessing Development Goals for Coming Years
As Cambodia assesses its development goals, a study has found that many Cambodians want to see an improved judicial system, better education, improved agriculture and more human rights. A broad consortium of local and international development agencies spent the early part of the year conducting conferences ...
http://www.voacambodia.com/content/ngo-assessing-development-goals-for-coming-years/1667239.html
Thai fishing industry under spotlight
Far stricter monitoring of the recruitment and employment of Cambodians and other migrant labourers is needed to ensure the future of the Thai fishing industry, a new study by the International Labour Organization warns. Two and a half per cent of the 241 Cambodians interviewed ...
Abby Seiff
http://www.phnompenhpost.com/national/thai-fishing-industry-under-spotlight
Germany provides 64 mln USD to Cambodia for development projects
The German government on Wednesday signed up to provide 64 million U.S. dollars to Cambodia for two-year projects in health, rural development, governance reform, and education. According to a press release after the signing ceremony, 27 million U.S. dollars would be allocated to health, 26.5 ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131204/germany-provides-64-mln-usd-cambodia-development-projects
By 2020, $9 billion needed for road funding: report
Cambodia needs $9 billion to be invested into 850 kilometres of roadways by 2020, according to a study by Henan Provincial Communications Planning Survey and Design Institute. From the Chinese province of Henan, officials from the state-owned engineering institute went to great lengths yesterday to explain ...
Hor Kimsay
http://www.phnompenhpost.com/business/2020-9-billion-needed-road-funding-report
Improved economic conditions boost land prices in Battambang city, province
Battambang land prices have increased this year, according to a local real estate firm. Sorn Seap, general manager of Key Real Estate, said land prices in Battambang city, capital of the province of the same name, have increased by around 12 per cent this year compared ...
Cambodia defends plan for Chhay Areng River hydroelectric dam development
Cambodia on Tuesday defended its plan to build the 108-megawatt Chhay Areng River hydropower plant in a jungle in southwestern Koh Kong province, saying the project would greatly contribute to developing the energy sector. “An initial study found that the project has a capacity of 108 ...
Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140930/cambodia-defends-plan-chhay-areng-river-hydroelectric-dam-de
Rice federation seeking loan
The Cambodian Rice Federation (CRF) is seeking financing from China’s Export-Import Bank (Ex-Im) to build much-needed infrastructure such as warehouses and drying facilities to hopefully increase milled rice export capacities. Sok Puthyvuth, president of the CRF told the Post yesterday that the CRF had set up ...
May Kunmakara
http://phnompenhpost.com/business/rice-federation-seeking-loan
Ministry: Take private schools, exams online
Minister of Education, Youth and Sport Hang Chuon Naron on Monday advised private academic institutions to adopt online teaching to provide students with the opportunity to continue their studies. For students in grades nine and 12 who have to take examinations, the ministry will allow ...
Voun Dara
https://www.phnompenhpost.com/national/ministry-take-private-schools-exams-online
Record Bad Medicine Haul
Police seized more than two tonnes of dangerous counterfeit medication on Saturday and arrested a Phnom Penh pharmacy owner in a sting officials say has netted the largest-ever haul of illegal medication in Cambodia. After nine days of surveillance, the Ministry of Interior’s Economic Police unit swooped ...
Tourism seaport project to be developed in Koh Tonsay, the Rabbit island
A tourism seaport project is unveiled to be constructed in Koh Tonsay (Rabbit Island), Kep province as the environmental and social impact assessment (ESIA) has started. Ms. Ol Phirun, Deputy Governor of Kep province, said that the tourism seaport is an ADB-backed project and a ...
Khmer Times staff
https://www.khmertimeskh.com/50784372/tourism-seaport-project-to-be-developed-in-koh-tonsay-the-rabbit-island/
Sar Kheng seeking problem solvers
Minister of Interior Sar Kheng has advised provincial administrations to heed the opinions and comments of their local residents and study the experiences of other governors such as Mao Thonin – the former governor of Pursat province who recently took up the post of Kampot ...
Voun Dara
https://www.phnompenhpost.com/national/sar-kheng-seeking-problem-solvers
ADB mandate inked for 2GW of solar
The state-owned power utility is set to undertake a nationwide study on ways to harness an additional 2GW capacity of solar energy proposed by a regional lender, in a pilot project expected to spur up to $100 million in investments that aims to illustrate how ...
May Kunmakara
https://www.phnompenhpost.com/business/adb-mandate-inked-2gw-solar
Ministry, NBC respond to tragic boat accident with safety measures, life jackets
Even though no one has been brought to justice, authorities have provided life jackets to four boat operators and are studying the construction of a bridge across the Stung Sen River at the site where a boat sank, killing one of 15 students on board, ...
Phak Seangly
https://www.phnompenhpost.com/national/ministry-nbc-respond-to-tragic-boat-accident-with-safety-measures-life-jackets
Taiwan’s leading bank opens in Cambodia to boost trade
The China’s Taiwan leading bank, Mega International (ICBC), on September 30th, opened its first branch in Phnom Penh, aiming to attract more Taiwanese investors to Cambodia and boosting further business. “The Mega ICBC will bring capital investment injection into the economy of Cambodia, employment opportunities, upgrading ...
Cambodia rejoins the world of stocks
Enthusiasm about the start of trading at the exchange, which opened last July without a single listed company, extends beyond the borders of the Southeast Asian country. Investors including Templeton Emerging Markets Group Chairman Mark Mobius said they plan to participate in Cambodia’s stock market ...
Aeon eyes major Asean expansion
Aeon Thana Sinsap (Thailand) plans aggressive business expansion both here and in neighbouring countries. The leading Japanese non-bank company is using Thailand as a centre to expand its businesses in other Asean countries. Aeon Thana Sinsap plans to offer more financial services in Cambodia, Vietnam, Laos and ...
http://www.bangkokpost.com/business/economics/323617/aeon-eyes-major-asean-expansion
Rail Operator Restarts Train Services to Kampot
Toll Royal Railways (TRR), the current operator of Cambodia’s dilapidated rail network, restarted freight services to Kampot province yesterday, four months after it suspended its work. TRR’s resumption comes on the heals of a rival proposal to manage the train network by a consortium that includes one ...
Garment firm to list on CSX
The Taiwanese-owned garment company Grand Twins International (Cambodia) Plc says it intends to list on the Cambodia Securities Exchange (CSX) next month, in a boost for the Kingdom’s nascent stock market. Phnom Penh Securities (PPS), an underwriter for Grand Twins International (GTI), said yesterday the company ...
http://www.phnompenhpost.com/2013020761223/Business/garment-firm-to-list-on-csx.html
Thousands protest outside Gladpeer Garment Factory
More than 2,000 workers demonstrated in front of Phnom Penh’s Gladpeer Garment Factory yesterday, demanding a higher minimum wage and several other concessions. The workers decided to strike after the Por Sen Chey district factory did not respond to repeated requests to raise their monthly minimum ...
http://www.phnompenhpost.com/2013011560786/National/thousands-turn-out-for-strike.html