Tourism revenues increase but taxes remain flat
Overall revenue from Cambodia’s booming tourism sector reached $2.5 billion last year, according to Tourism Minister Thong Khon. Khon said in an interview on Tuesday that the figure, which does not reflect the amount the state collected in taxes on the sector, marked a 15 per ...
Chan Muy Hong
http://www.phnompenhpost.com/business/tourism-revenues-increase-taxes-remain-flat
Chinese firm floats proposal for rail link to capital’s port
A Chinese state railway construction contractor has approached the government with a bid to conduct a feasibility study on connecting the capital’s river port to the Kingdom’s sole operating railway line, a state official said yesterday. ...
Kali Kotoski
http://www.phnompenhpost.com/business/chinese-firm-floats-proposal-rail-link-capitals-port
Lee Kuan Yew, founder of modern Singapore, dies at 91
Former Singapore Prime Minister Lee Kuan Yew has died early Monday. He was 91 years old. Lee was Singapore’s leader from 1959 until 1990, but remained a highly influential figure and a strategist on the city state’s economy. ...
Ron Corben
http://www.voanews.com/content/former-singapore-pm-lee-kuan-yew-dies/2690536.html
Cambodia to build Phnom Penh-Preah Sihanouk expressway next year
The first Phnom Penh-Preah Sihanouk expressway is expected to be constructed next year in order to facilitate goods transportation from the capital to the international seaport, according the state’s news agency- AKP. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/cambodia-to-build-phnom-penh-preah-sihanouk-expressway-next-year-8805
Almost 100 investment projects recorded in first semester
During the first six months of this year, Cambodia has received a total of 94 investment projects worth some $3.4 billion, the state’s news agency-AKP quoted deputy prime minister Keat Chhon. ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/almost-100-investment-projects-recorded-in-first-semester-8901
Prime minister cuts port prices, starts graft probe
Prime Minister Hun Sen on Sunday announced across-the-board cuts to the fees being charged by three of the state’s main logistics firms and ordered a probe into transport sector corruption, which he blamed for nearly half the industry’s expenses. ...
Kang Sothear
https://www.cambodiadaily.com/news/pm-cuts-port-prices-starts-graft-probe-112013/
Industry leaders voice concern over sky-high cost of electricity
Private sector industry leaders speaking at an investment conference yesterday in the capital railed on the high cost of electrical power, which they said was sapping their competitiveness, while state officials offered assurances that state-backed power generation schemes would soon bring prices down. ...
Kali Kotoski
http://www.phnompenhpost.com/business/industry-leaders-voice-concern-over-sky-high-cost-electricity
Farming’s primacy ‘hinders’
Cambodia’s economic productivity is in trouble, struggling with an inability to turn a youthful population into a skilled workforce and stunted by an over-reliance on agriculture, according to a new World Bank report. In Cambodia and Vietnam, diversification of labour from the farming sector contributed to ...
Laignee Barron
http://www.phnompenhpost.com/national/farming%E2%80%99s-primacy-%E2%80%98hinders%E2%80%99
UTCC: Rubber prices won't bounce back
Domestic rubber prices are likely to stay below 120 baht a kilogramme over the next five years due to the sluggish world economic outlook that has sapped demand. The lingering euro-zone debt crisis, weak growth in rubber-using countries and rising production in Asean will continue to ...
http://www.bangkokpost.com/business/economics/308754/utcc-rubber-prices-won-t-bounce-back
Mental Health Sector Severely Underfunded
The mental health sector faces a sever lack of funding that could ultimately undermine Cambodia’s development and the governemnt’s own health care goals, concludes a new report by the human rights law center at Fordham University in New York. In a comparative study on Cambodia’s mental ...
Hun Sen lambasts rights rapporteur
Prime Minister Hun Sen lashed out at the UN’s human rights envoy to Cambodia yesterday, saying Surya Subedi’s latest report skewed too heavily toward the opposition and suggested his talents might be better employed elsewhere. While the premier never mentioned the Nepalese national and Leeds ...
Local and international experts to train 1,221 environmental rangers
The training will be conducted through a cooperation between the Ministry of Environment’s General Department of Administration for Nature Conservation and Protection and the US Department of State’s Bureau of International Narcotics and Law Enforcement Affairs, Office of Anti-Crime Programmes (INL/C), and US Forest Service. ...
Rice export MoU signed
Cambodia has signed a memorandum of understanding (MoU) yesterday to export 100,000 tonnes of rice per year to Indonesia. Senior Cambodian officials hope the MoU will be the impetus for attracting more investments from other ASEAN member states. The MoU was signed between Cambodia’s Minister of ...
http://www.phnompenhpost.com/index.php/2012082958338/Business/rice-export-mou-signed.html
Cambodia, Argentina look to strengthen ties
Cambodian and Argentine senior officials met here on Monday to discuss ways to promote ties and cooperation for mutual benefits. The meeting was made between Cambodia’s Foreign Secretary of State Ouch Borith and Argentina’s deputy State Secretary for Foreign Ministry Carolina Perez Colman. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2014-08/25/c_133582443.htm
Cambodia prepares to engage Myanmar as US threatens new measures against junta
KUALA LUMPUR: The United States is considering new measures to pressure the Myanmar junta to return to a “democratic trajectory”, Secretary of State Antony Blinken said Wednesday, as alarm grows over an escalating crackdown on dissent. ...
Khmer Times Staff
https://www.khmertimeskh.com/50990223/cambodia-prepares-to-engage-myanmar-as-us-threatens-new-measures-against-junta/
US, Australia Continue Call For Credible Election Inquiry
In the wake of an announcement by the National Election Committee (NEC) that it has completed its investigation into election irregularities, the U.S. and Australian embassies in Phnom Penh on Monday continued to call for an independent and transparent inquiry into the results of the ...
Colin Meyn
http://www.cambodiadaily.com/elections/us-australia-continue-call-for-credible-election-inquiry-40185/
Vietnam should promote new investment wave in Cambodia, says President
Vietnam needs to improve the scale and quality of investment in Cambodia, promoting a new wave of investment, President Nguyen Xuan Phuc stated while meeting Vietnamese Cambodian enterprises on December 22 during his state visit to Cambodia. ...
Khmer Times Staff
https://www.khmertimeskh.com/50993634/vietnam-should-promote-new-investment-wave-in-cambodia-says-president/
Affordable housing for all
Affordable houses for low-income earners and state workers will go on sale within two weeks after a groundbreaking ceremony on Saturday. The project, aimed at the lower middle class, low-income earners and state workers, will be restricted at first to low-income civil servants, said building contractor ...
Sok Chan
http://www.khmertimeskh.com/news/34013/affordable-housing-for-all/
Chinese TV deal edged out Sonando: minister
Beehive Radio director Mam Sonando will not be granted a digital TV licence because up to 80 channels have been allocated to a Chinese state television network. Khieu Kanharith, the minister of information, said in an interview on TVK on Tuesday night that the allocation of ...
Chhay Channyda
http://www.phnompenhpost.com/national/chinese-tv-deal-edged-out-sonando-minister
Conference focus on social enterprises
Cambodia’s second conference on social enterprise is set to take place tomorrow with the aim of tackling poverty, social exclusion and health and environmental problems, organisers say. The all-day conference, at the Cambodia-Japan Conference Centre at the Royal University of Phnom Penh, will facilitate discussions among participants ...