A Tough Ride for S Korean Property Projects
GS Engineering & ConStruction broke ground on June 18, 2008 of Cambodia&rSquo;S largeSt building the International Finance Complex in Phnom Penh but Since then haS been SuSpend or forced to downScale like all of the other building projectS in the city. Worth more than $4.5 SS='cambodia-color'>...
Malaysian interest up in Cambodia’s land concessions
Lion Forest Industries Berhad will seek to acquire a 9,995 hectare concession in Cambodia, the latest in a number of Malaysian firms eyeing the Kingdom to increase land banks this year. The firm aims to cultivate rubber and palm oil on the proposed concession in Preah ss='cambodia-color'>...
Thailand’s Former Official Denies Secret Oil Talks
Thailand’s former Deputy Prime Minister suthep Thaugsuban has denied Cambodia’s recent claim that he initiated secret bilateral talks over coveted oil reserves in disputed Gulf of Thailand waters, Thai news service MCOT reported saturday. In a statement last week, the Cambodian National Petroleum Authority said ss='cambodia-color'>...
Cambodia’s inflation up over 5% in February
Prices in Cambodia rose 5.4 per cent year-on-year in February, as fuel costs continued to push inflation higher, according to data from the National Institute of statistics released yesterday. Foodstuffs, however, saw declines following demand that was driven by Chinese New Year, though paddy prices were ss='cambodia-color'>...
Namhong Says S China Sea a Regional Issue
Foreign Affairs Minister Hor Namhong said yesterday that the contentious issue of the south China sea should not become an international issue, but must be solved among the region’s neighbors. speaking to reporters at the Foreign Affairs Ministry alongside visiting Australian Foreign Affairs Minister Bob Carr, ss='cambodia-color'>...
Hun Sen’s Nephew Hits Back at Allegations
Prime Minister Hun sen’s nephew Hun To hit back strongly yesterday at allegations published in a leading Australian newspaper, The Age, which linked him to an international drug smuggling and money laundering ring, demanding that the publisher print a retraction. Mr. To sent a letter to ss='cambodia-color'>...
Sotheby’s Gets Stay on Khmer Statue Confiscation
The future of a 1,000-year-old Khmer statue—which sotheby’s auction house in New York was ordered by the Us government on Wednesday to hand back to Cambodia—is now in the hands of the Us courts. The statue of the guardian Duryodhana is believed to have come from ss='cambodia-color'>...
Flights to Arrive From China’s Yunnan Province
An airline in China’s Yunnan province will begin offering flights from its capital, Kunming, to Phnom Penh and siem Reap City, Council of Ministers spokesman Ek Tha said yesterday. ss='cambodia-color'>...
City’s Transportation Workers Protest High Gasoline Prices
About 100 tuk-tuk drivers, motorcycle taxi drivers, vendors and other informal transportation workers protested against the high price of gasoline yesterday at the National Assembly, claiming the high petrol prices are cutting into their small profits. Vorn Pao, president of the Independent Democracy of Informal Economy ss='cambodia-color'>...
NA’s permanent committee to approve two senators
The National Assembly is slated to approve the appointment of two senators from the royalist Funcinpec party on Monday to fill in the new 62-seat senate that will convene its first session at the end of this month. ss='cambodia-color'>...
Khy Sovuthy
http://www.khmertimeskh.com/50299280/nas-permanent-committee-to-approve-two-senators/
The European Commission backs up EU’s demands
The European Commission (EC) has reiterated the European Union’s (EU) demand for the immediate release of opposition leader Kem sokha and called on Cambodia to take the necessary measures to ensure that the court-dissolution of the Cambodia National Rescue Party (CNRP) be swiftly reversed. ss='cambodia-color'>...
Mech Dara and Vong Sokheng
https://www.phnompenhpost.com/national/european-commission-backs-eus-demands
Takeo’s Road 21 now free of charge
The government has decided to make Road 21 more accessible to motorists in Takeo province by alleviating the financial burden of paying tolls, the provincial governor said yesterday. ss='cambodia-color'>...
Sen David
https://www.khmertimeskh.com/50522673/takeos-road-21-now-free-of-charge/
Capital’s apartments set to triple by 2030
Phnom Penh’s Chamkarmon and Tuol Kork districts will continue to see investment in apartments, while sen sok will become a new target market, as the number of apartments in Phnom Penh is set to almost triple by 2030. According to a report issued on Tuesday by ss='cambodia-color'>...
Hin Pisei
https://www.phnompenhpost.com/post-property/capitals-apartments-set-triple-2030
Climate change may undermine Kingdom’s mango production
Mango production is expected to decrease this year as climate change severely impacts yields, according to a mango association in Kampong speu province – the Kingdom’s largest regional producer of the fruit. Kampong speu Mangoes Association president In Chayvan said the impact of climate change ss='cambodia-color'>...
Cheng Sokhorng
https://www.phnompenhpost.com/business/climate-change-may-undermine-kingdoms-mango-production
U.S. sees Cambodia's anti-trafficking efforts floundering
Cambodia is not doing enough to combat human trafficking, the United states said on Thursday, leaving the Asian nation at risk of economic sanctions unless it takes firmer action. Corruption impedes law enforcement, prosecutions and provision of services to victims, the influential Trafficking In Persons ss='cambodia-color'>...
Matt Blomberg
https://www.reuters.com/article/us-usa-trafficking-cambodia/u-s-sees-cambodias-anti-trafficking-efforts-floundering-idUSKCN1TL21Q
Cambodia’s total mortgages near $3.5B
Mortgage loans in Cambodia continue to surge this year, according to Credit Bureau Cambodia (CBC). The credit body’s consumer report showed that outstanding mortgages hit $3.42 billion at the end of June. CBC’s data showed that loans have increased by 30 percent from the same ss='cambodia-color'>...
Hor Kimsay
https://www.khmertimeskh.com/50635423/cambodias-total-mortgages-near-3-5b/
NGOs draft petition to improve women’s rights
As International Women’s Day approaches, 12 organisations have finished drafting a petition calling on the government to continue to address challenges women are facing, including violence, inequality and poverty. The 12 organisations include the Centre for Alliance of Labour and Human Rights, Coalition of Cambodian ss='cambodia-color'>...
Pech Sotheary
https://www.khmertimeskh.com/50583888/ngos-draft-petition-to-improve-womens-rights/
Rapid economic growth props up Cambodia’s strongman
Between 1995 and 2017 Cambodia grew at an average rate of 7.7%; gdp per person rose from $321 in 1994 to $1,137 in 2017, after accounting for inflation. Foreign money has flooded in and Cambodia’s economy, which war and the Khmers Rouges had destroyed, has ss='cambodia-color'>...
The Economist
https://www.economist.com/asia/2019/04/20/rapid-economic-growth-props-up-cambodias-strongman
Rubbish at S’ville port from US, Canada
The plastic waste found in 83 containers at the sihanoukville Autonomous Port on Tuesday came from the Us and Canada, the Ministry of Environment said. The huge shipment of rubbish weighed some 1,600 tonnes. ss='cambodia-color'>...
Soth Koemsoeun
https://www.phnompenhpost.com/national/rubbish-sville-port-us-canada
ILO: Cambodia’s footwear sector ripe for investment
Cambodia’s footwear sector will provide more opportunities for investment and production than the garment sector due to significant growth over the last five years, said an International Labour Organisation (ILO) research bulletin on Cambodia’s garment, textile, and footwear (GTF) industry. The bulletin said the footwear ss='cambodia-color'>...
Thou Vireak
https://www.phnompenhpost.com/business/ilo-cambodias-footwear-sector-ripe-investment