New talks to end Overlapping Claims Area petroleum riches by Thailand and Cambodia
Thailand is scheduled to hold talks with Cambodia over a 26,000 sq kilometers overlapping claims area (OCA) estimated to hold up to 500 million barrels of oil and gas deposits under the sea floor. ...
Khmer Times Staff
https://www.khmertimeskh.com/501152822/new-talks-to-end-overlapping-claims-area-petroleum-riches-by-thailand-and-cambodia/
China announces new ASEAN Belt & Road Initiative projects centered around Cambodia
The 2022 ASEAN summit took place at the Cambodian capital Phnom Penh, this past weekend, with China as an official guest. At the event, Chinese Premier Li Keqiang announced Beijing’s approval of Chinese investment in significant infrastructure projects in the ASEAN region. ...
Khmer Times Staff
https://www.khmertimeskh.com/501185109/china-announces-new-asean-belt-road-initiative-projects-centered-around-cambodia/
NBC sets new capital, risk rules for banks, financial institutions
The National Bank of Cambodia (NBC) yesterday released two proclamations that set new requirements for depositing-taking banks and financial institutions to strengthen the quality of their capital to increase the effectiveness of preventing main banking risks and assess credit risks at lower rates to boost ...
Kang Sothear
https://www.khmertimeskh.com/501318139/nbc-sets-new-capital-risk-rules-for-banks-financial-institutions/
Five new factories to employ over 5,000 workers in Kampong Speu
Five “major” factories and manufacturing enterprises will be opening in Kampong Speu province that will employ more than 5,000 workers starting from March 17 to meet the need of workers searching for new job opportunities, according to the Ministry of Labour and Vocational Training. ...
Chea Sokny
https://www.phnompenhpost.com/national/five-new-factories-employ-over-5000-workers-kampong-speu
Bassac sea link needs just one new canal: Chanthol
The completion of a proposed waterway link from the Bassac River to a “seaport” in the Kampot-Kep region will require the excavation of just one new canal, around 7km long, according to Minister of Public Works and Transport Sun Chanthol. ...
Hin Pisei
https://www.phnompenhpost.com/business/bassac-sea-link-needs-just-one-new-canal-chanthol
Ministry exam recruits 250 new local agriculture officials
The Commune Agriculture Official Selection Exam has selected 250 officials to fill vacancies at the Ministry of Agriculture, Forestry and Fisheries. ...
Torn Vibol
https://www.khmertimeskh.com/501412202/ministry-exam-recruits-250-new-local-agriculture-officials/
World Bank Denies It Will Fund Project in Cambodia
The World Bank has denied a report that it is preparing to fund a new education project in Cambodia, 10 months after the bank froze all new lending to Cambodia to protest evictions and Phnom Penh’s Boeng Kak lake. In The, an undersecretary of state ...
Vietnam abolishes visas for 6 European countries from July 1
At the recent Mekong Tourism Forum in Danang, Vietnam National Administration Chairman Nguyen Van Tuan confirmed that the government will finally allow new countries to be exempted of visa formalities. The five countries benefiting from the new measure are France, Germany, Italy, Spain, and the ...
James Lee
http://www.eturbonews.com/60530/vietnam-abolishes-visas-6-european-countries-july-1
Fifteen years' jail for construction deaths under new law
King Norodom Sihamoni has signed off on a new law that will see unlicensed construction company officials punished with a maximum of 15 years in prison if a worker is to die due to negligence. ...
Long Kimmarita
https://www.phnompenhpost.com/national/fifteen-years-jail-construction-deaths-under-new-law
At least 40 killed in road crashes during Lunar New Year festival
Traffic accidents killed at least 40 people and injured 80 during the Lunar New Year celebration since Friday. A National Police report yesterday said this was more than the 29 deaths and 65 people with injuries recorded during the same period last year. Lieutenant General ...
Khuon Narim
https://www.khmertimeskh.com/50684359/at-least-40-killed-in-road-crashes-during-lunar-new-year-festival
Cambodia new investments totaling $900 million spread over nine provinces
Cambodia registered 40 new investment projects worth more than US$900 million in the first three months of this year, according to the Council for the Development of Cambodia (CDC). ...
Khmer Times Staff
https://www.khmertimeskh.com/50706552/cambodia-new-investments-totaling-900-million-spread-over-nine-provinces/
Passenger traffic slides down 67 percent while development of new airports boom
Cambodia’s three international airports handled 1.9 million air passengers in the first six months of this year, a 67.5 percent decrease from 6 million air passengers last year. ...
Chea Vannak /AKP
https://www.khmertimeskh.com/50747225/passenger-traffic-slides-down-67-percent-while-development-of-new-airports-boom/
Expressway announced linking city centre to new Phnom Penh International Airport
Local conglomerate Overseas Cambodia Investment Corp (OCIC), the company behind the new Phnom Penh International Airport, has told Construction & Property Magazine that it will build an expressway (flyover) that will connect the city centre to the new airport. ...
Property owners told to pay tax through new app
The General Department of Taxation (GDT) has told all property owners to pay their taxes using the GDT Taxpayer App, which saves them the trouble of having to go there in person. ...
Long Kimmarita
https://www.phnompenhpost.com/national/property-owners-told-pay-tax-through-new-app
Gov’t imposes inter-province travel ban ahead of New Year
The government has imposed inter-provincial travel ban from April 7-20 in a bid to contain the spread of Covid-19. However, Phnom Penh and neighbouring Kandal province are treated as one administrative region, so travel between them can continue. ...
Gov’t imposes inter-province travel ban ahead of New Year Mom Kunthear
https://www.phnompenhpost.com/national/govt-imposes-inter-province-travel-ban-ahead-new-year
New investment projects of $2.2 billion licensed in Q1
The Council for the Development of Cambodia (CDC) awarded licences to 94 new investment projects with a registered value of $2.2 billion, during the first quarter of 2021, a 114 percent increase compared to projects approved during the same period last year. ...
Chea Vanyuth
https://www.khmertimeskh.com/50850034/new-investment-projects-of-2-2-billion-licensed-in-q1/
New trading scheme may help the Kingdom’s exporters, Britain says
Cambodians are being encouraged to take part in the UK government’s public consultation on new trading rules that it says will help countries fight poverty. ...
Michael Firn
https://www.khmertimeskh.com/50897552/new-trading-scheme-may-help-the-kingdoms-exporters-britain-says/
Cambodia and Australia agree to further improve construction safety with new guidelines
The continued strong relationship between Australia and Cambodia improved further yesterday, as Australian Ambassador Pablo Kang and Land Management Ministry secretary of state Chhann Saphan signed a Subsidiary Arrangement to formalise cooperation on enhancing construction safety in Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/50936736/cambodia-and-australia-agree-to-further-improve-construction-safety-with-new-guidelines/
Hun Sen urges boosters amid risks of new variants
Prime Minister Hun Sen reminded the public of the importance of employing preventative measures against the Covid-19 virus. A new variant, XBB.1.5, was recently identified, although no cases have yet been detected in the Kingdom. ...
Neang Sokunthea
https://www.phnompenhpost.com/national/hun-sen-urges-boosters-amid-risks-new-variants
Work on Cambodian capital new airport expected to finish in 2024
The construction work on a Chinese-built new Phnom Penh international airport, formally known as the Techo International Airport, is expected to be completed in 2024, a spokesman said on Sunday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501220244/work-on-cambodian-capital-new-airport-expected-to-finish-in-2024/