Third tranche of port shares snapped up swiftly
The third and final tranche of 1.8 million shares in Phnom Penh Autonomous Port’s (PPAP) recent initial public offering (IPO) sold out by the middle of last month, according to Hei Bavy, director general of the state-owned enterprise. ...
Sum Manet
http://www.khmertimeskh.com/news/18432/third-tranche-of-port-shares-snapped-up-swiftly/
Minister calls for higher standard for road work
Minister of Public Works and Transport Sun Chanthol yesterday ordered his officials to keep a close eye on a new $1.3 million project to widen National Road 4 in Preah Sihanouk province in order to halt criticism of shoddy road quality and corruption in his ...
Touch Sokha
http://www.phnompenhpost.com/national/minister-calls-higher-standard-road-work
CNRP would dismantle Development Ministry
Opposition leader Kem Sokha said on Saturday his party would shutter the Rural Development Ministry and put the savings towards the goal of funding each of Cambodia’s more than 1,600 commune councils with half a million dollars a year if it wins power in 2018. ...
Touch Sokha and Yesenia Amaro
http://www.phnompenhpost.com/national/cnrp-would-dismantle-development-ministry
Kingdom courts rice deal with Bangladesh
The Kingdom’s apex rice industry body has been meeting this week to discuss ways of nailing down a potentially massive deal with Bangladesh, which earlier this month inked a memorandum of understanding to purchase 1 million tonnes of Cambodian rice over the next five years. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/kingdom-courts-rice-deal-bangladesh
Interior Ministry launches TV station
The Ministry of Interior yesterday launched its new television station NICE TV that will focus on broadcasts related to crime crackdowns and government achievements. NICE TV is a joint establishment between the Ministry of Interior and a Chinese firm, NICE Culture Investment Group. ...
Cheang Sokha
http://www.khmertimeskh.com/5083787/interior-ministry-launches-tv-station/
Fisheries earnings scaled up
Earnings in the fishing sector rose by 62 percent during the first nine months of the year. However, growth in exports of inland fish as well as in marine production was flat during the January-September period compared with the same period in 2016. ...
Chea Vannak
http://www.khmertimeskh.com/5087445/fisheries-earnings-scaled/
CPP passes 2017 budget
The 2017 national budget, with more than $5 billion in expenditures, was passed by the Senate yesterday without any changes despite opposition from the CNRP. Expenditures in the 2017 budget are up 15.6 percent compared with 2016 and include more than $1 billion in foreign loans. ...
Taing Vida
http://www.khmertimeskh.com/news/32798/cpp-passes--2017-budget/
Commune elections open
A total of 22,148 polling stations across the country opened their doors to registered voters at 7:00 AM. Some 7.8 million people are registered to vote for chiefs and councilors in more than 1,600 communes, with close to 12 political parties fielding candidates. ...
Cheang Sokha and Khy Sovuthy
http://www.khmertimeskh.com/news/39008/commune-elections-open/
Thai-Cambodia trade on the rise
Trade between Cambodia and Thailand increased by about 10 percent in the first half of the year to $2.9 billion, up from $2.6 billion in the same period last year, according to figures released by the Thai embassy yesterday. ...
Chea Vannak
http://www.khmertimeskh.com/5078088/thai-cambodia-trade-rise/
Terms settled on deal to supply rice to Bangladesh: CRF
Cambodia and Bangladesh have finalised terms on a massive rice deal that could see up to 1 million tonnes of rice purchased from the Kingdom over the next five years, with the first shipment due to begin by November, a source close to the deal ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/terms-settled-deal-supply-rice-bangladesh-crf
GMS ministers to meet in Siem Reap
The second Greater Mekong Subregion Agriculture Ministers Meeting will be held in Siem Reap province early next month, with agro-food products, exploring new markets for agricultural products and solving issues in the sector expected to be high on the agenda. ...
Chea Vannak
http://www.khmertimeskh.com/5077636/gms-ministers-meet-siem-reap/
Technology push for productivity
While industry, particularly the textile, travel bag and footwear sectors, is diversifying to high value added products, upgrading of high technology and modern machinery is needed for all factories, a senior official at the Garment Manufacturers Association in Cambodia (GMAC) said. ...
Sok Chan
http://www.khmertimeskh.com/5080065/technology-push-productivity/
New MoU with Korea for tech centre
The Ministry of Industry and Handicraft will cooperate with two South Korean high-tech companies to establish a technology centre with the aim of facilitating the exchange of information on the development of optic cable technology. ...
Chea Vannak
http://www.khmertimeskh.com/5087660/new-mou-korea-tech-centre/
Japanses Police Arrest Ten for Defrauding Investors
Tokyo police arrested 10 Japanese nationals earlier this month for allegedly defrauding more than 1,000 investors out of $20 millions using fictitious investment projects in Cambodia, according to Japanese media reports. “The Metropolitan Police Department found no evidence that the amount of money raised was ...
The Asian Development Bank marks 20 years in Cambodia
The Asian Development Bank (ADB) is marking 20 years of operations in Cambodia with the release of a book today celebrating its achievements in the Kingdom. The 67-member ADB says that over 20 years it has given Cambodia $1.8 billion in loans, grants and technical assistance. ...
Siem Reap Market Fire Kills 8
Eight people, four of them children, were killed when fire ripped through Siem Reap City’s popular night market in the early hours of Saturday morning, officials and witnesses said. The fire, which stared at about 2 a.m., left the market completely gutted and damage estimated at ...
http://www.cambodiadaily.com/news/siem-reap-market-fire-kills-8-6531/
Senior Thai foreign ministry official to visit Cambodia
Thailand’s Foreign Ministry Permanent Secretary Sihasak Phuangketkeow will visit neighbouring Cambodia this week. Mr Sihasak, in his capacity as Acting Foreign Minister, is scheduled to visit Phnom Penh on Tuesday and Wednesday July 1 and 2 to deepen bilateral ties between the two nations. ...
MCOT
http://www.pattayamail.com/news/senior-thai-foreign-ministry-official-to-visit-cambodia-39105
Cambodia sees 44% rise in new company registrations in 7 months
Cambodia has granted operating licenses to 2,424 new companies in the first seven months of 2014, up 44 percent compared with 1,688 firms over the same period last year, according to the latest report of the Ministry of Commerce on Tuesday. ...
Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=238871
Communities unite against companies, court
More than 1,500 villagers on Tuesday marched from seven districts in Preah Vihear province to the provincial capital to call for action against companies involved in various land disputes, but a clampdown by police meant that only about 120 made it to the protest site, ...
Aun Pheap
https://www.cambodiadaily.com/news/communities-unite-against-companies-court-84891/
Villagers accuse ELC of reneging on deal
Nearly 200 Kuoy villagers protested yesterday at the Forestry Administration Office in Preah Vihear province to demand a Malaysian-owned company return 1,100 hectares of land and a tractor confiscated by officials last month. ...
Phak Seangly
http://www.phnompenhpost.com/national/villagers-accuse-elc-reneging-deal