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Victims press for compensation, imprisonment over million-dollar rural scam

Almost $1 million in compensation remains to be paid out and a perpetrator has yet to see jail time over a Kampong Cham scam that ensnared 180 families, the Supreme Court heard on Monday. ...

Mech Dara
https://vodenglish.news/victims-press-for-compensation-imprisonment-over-million-dollar-rural-scam/

Cambodia-Japan trade tops $180 million in January

Bilateral trade between Cambodia and Japan rose 2.1 percent to $181 million in January this year, compared to the same month in the previous year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501038181/cambodia-japan-trade-tops-180-million-in-january/

CDC approves two investment projects worth over $6 million

Council for the Development of Cambodia (CDC) has approved two new investment projects with a total capital of $6.1 million in Takeo and Kampong Speu. ...

Khmer Times Staff
https://www.khmertimeskh.com/501079441/cdc-approves-two-investment-projects-worth-over-6-million/

តម្រូវការថវិកាសរុបសម្រាប់លទ្ធផលទាំង ៥ នៃ UNDAF (២០១៩-២០២៣)

ប្រភព: ក្រប​ខណ្ឌ​ជំនួយ​អភិវឌ្ឍន៍​របស់​អង្គការសហប្រជាជាតិ​ (UNDAF) ២០១៩– ២០២៣។ ...

Total budget requirement for the 5 outcomes of the UNDAF (2019-2023)

Source: The United Nations Development Assistance Framework (UNDAF) 2019– 2023, ...

Forest cover

Cambodian forest cover has reduced dramatically in recent decades. In 1973 there were 13.1 million hectares of total forest, but by 2014 the total cover had fallen to 8.7 million hectares. ...

Property tax deadline moved to year's end

Due to a lack of available tax collectors, the Ministry of Economics and Finance once again delayed collections on the 0.1 percent property tax on all immovable property worth approximately $25,000 or more, according to a ministry notice issued yesterday ...

EU donates €3.5M to the KR Tribunal

The Extraordinary Chambers in the Courts of Cambodia (ECCC) announced on Monday that the European Union (EU) has pledged a total of €3.5 million ($4.1 million) to support it in 2018, according to its press officer, Neth Peaktra. ...

Niem Chheng
https://www.phnompenhpost.com/national/eu-donates-eu35m-kr-tribunal

Senior official accused of land grab

A member of the Supreme Consultation Forum is set to forward to Prime Minister Hun Sen, the complaints of more than 1,000 families against a military lieutenant general over alleged land grabbing in Kampong Thom province’s Stoung district. ...

Long Kimmarita
https://www.phnompenhpost.com/national/senior-official-accused-land-grab

Government tax revenue collection grows nearly 22% in 2015

The government collected about $1.3 billion in tax revenue in 2015, a 21.67 percent increase over the previous year, according to a statement released by the Ministry of Economy and Finance’s general department of taxation on Monday. ...

Kang Sothear
https://www.cambodiadaily.com/news/government-tax-revenue-collection-grows-nearly-22-in-2015-105200/

Green light for protected forest plans

The Ministry of Environment has given two NGOs the go-ahead to implement their proposed management plans for five protected community forest areas in Battambang and Pursat provinces, projected to cover 1,064 families and 2,761 hectares.   ...

Kong Meta
http://www.phnompenhpost.com/national/green-light-protected-forest-plans

Truck found 26 tonnes over legal weight limit

An overloaded truck’s owner was ordered to pay 7.8 million riel ($1,917) in fines yesterday after his driver was caught with 61 tonnes of wood in his truck, 26 tonnes above the legal limit.   ...

Phak Seangly
http://www.phnompenhpost.com/national/truck-found-26-tonnes-over-legal-weight-limit

Free vehicle movement

Cambodia, among the six Greater Mekong Subregion (GMS) countries, has agreed to allow commercial trucks and tourist buses to travel more freely from country to country starting December 1, following lengthy talks, according to a report in the Bangkok Post. ...

Sum Manet
http://www.khmertimeskh.com/news/27359/free-vehicle-movement/

Tax revenue soars on vehicle, tobacco tariffs

Cambodia’s General Department of Taxation (GDT) collected $1.09 billion in taxes during the first 10 months of 2015, up 23.9 per cent compared to the same period a year earlier, according to a statement posted on its website. ...

Post Staff
http://www.phnompenhpost.com/business/tax-revenue-soars-vehicle-tobacco-tariffs

Preah Vihear land grant illegal: Adhoc

Local rights group Adhoc has cried foul after roughly 1,200 square metres on 2 hectares of land that used to be home to an airport in Preah Vihear province have been granted to a local official to build a house. ...

Phak Seangly
http://www.phnompenhpost.com/national/preah-vihear-land-grant-illegal-adhoc

Accused British fraudster thrown out of court

A British businessman jailed for more than 2 1/2 years without conviction was removed from the Phnom Penh Municipal Court on the first day of his trial Wednesday after accusing the court of gross malpractice and threatening to walk out himself. ...

Matt Blomberg and Khuon Narim
https://www.cambodiadaily.com/news/accused-british-fraudster-thrown-out-of-court-95282/

Rice exports miss the mark again

Five years after setting out an ambitious 1 million-tonne milled rice export target, the rice sector fell well short of the mark last year, exporting close to 550,000 tonnes, with industry experts cautiously optimistic over export increases in 2016. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-exports-miss-mark-again

Five arrested over Stung Treng market fire

Five security guards at Stung Treng Market were arrested and detained for negligence after 1,220 stalls and shops burned to the ground on Thursday night, with Prime Minister Hun Sen ordering provincial officials to rebuild the stores for the vendors. ...

Mom Kunthear
http://www.khmertimeskh.com/news/23813/five-arrested-over-stung-treng-market-fire/

Sathapana shifts from MFI to commercial bank

Sathapana Microfinance Plc., the third largest MFI in Cambodia, has officially transformed itself into a commercial bank with total capital of $120 million, a move in line with Japanese-owned Maruhan Japan Bank acquiring a 95.1 percent stake in 2012.​ ...

Sum Manet
http://www.khmertimeskh.com/news/24144/sathapana-shifts-from-mfi-to-commercial-bank/

Old debt on agenda for PM’s Russia visit

Prime Minister Hun Sen will attempt to renegotiate the $1.5 billion of Soviet-era debt Cambodia accrued during the 1980s when he visits Russia in May, according to a post on the premier’s Facebook page.   ...

Vong Sokheng
http://www.phnompenhpost.com/national/old-debt-agenda-pms-russia-visit

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