Condominium developers begin shift towards local market
It is no secret that Cambodia’s condominium market has largely focused on attracting international developers and investors looking to jump into a growing market by offering expensive upscale units, but, as the standard of living in Cambodia is on the rise, many projects are shifting ...
Siv Meng
http://www.phnompenhpost.com/real-estate/condominium-developers-begin-shift-towards-local-market
Taps still dry at Pailin prison
A new provincial prison in Pailin’s Sala Krao district still has no running water supply six months after it accepted more than 100 prisoners, local officials say.The prisoners arrived in early March after being transferred from their former prison – an old movie theatre in ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/taps-still-dry-pailin-prison
Laos postpones construction on Xayaburi Dam
Laos has postponed construction of the controversial Xayaburi dam project on the Lower Mekong River, a spokesman for its Ministry of Foreign Affairs was quoted saying on Wednesday. “No construction is going on. It’s discontinued, postponed,” Sithong ChitgNothin told Radio Free Asia in Laos. ...
Chinese-built national road facilitates travel, goods transport in SE. Cambodia
Linking Prey Veng and Tboung Khmum provinces in southeast Cambodia, the Chinese-built 96.4-km-long and 11-meter-wide National Road No. 11 has facilitated personnel flow and goods transport in the region. ...
Khmer Times Staff
https://www.khmertimeskh.com/50983952/chinese-built-national-road-facilitates-travel-goods-transport-in-se-cambodia/
Chinese doctors perform over 10,000 free cataract surgeries in Cambodia, Laos
Chinese doctors have performed a total of 10,059 surgeries at no cost to cataract patients in Cambodia and Laos, according to health authorities. ...
Khmer Times Staff
https://www.khmertimeskh.com/501359258/chinese-doctors-perform-over-10000-free-cataract-surgeries-in-cambodia-laos/
Betel nut use raises risk of oral cancer six-fold: study
Cambodian betel nut chewers are six times more at risk of contracting potentially malignant oral cancers, according to a new report. The study surveyed 1,634 people in Phnom Penh, Kampot, Kampong Cham, Pursat and Stung Treng and found that 54 percent had oral lesions – white ...
Erin Handley
http://www.phnompenhpost.com/national/betel-nut-use-raises-risk-oral-cancer-six-fold-study
Tea Banh orders tax payment on RCAF-plated private cars
Minister of national defense Tea Banh issued a circular on September 20 calling on all owners of private vehicles bearing Royal Cambodian Armed Forces (RCAF) number plates or special command number plates to pay taxes and duties on their vehicles or face legal action. ...
Lay Samean
https://www.phnompenhpost.com/national/tea-banh-orders-tax-payment-rcaf-plated-private-cars
Human traffickers use social media to lure job seekers to Cambodia
Human traffickers in Việt Nam are finding ever more inventive ways to lure potential victims overseas for exploitation. Through social media networks like Facebook or Zalo, they are offering well-paid jobs at casinos or online games in Cambodia, before springing their trap. ...
Khmer Times Staff
https://www.khmertimeskh.com/501004569/human-traffickers-use-social-media-to-lure-job-seekers-to-cambodia/
Rocket Internet blames poor tax compliance for pullout
Rocket Internet, the successful German-based internet copycat, says that despite its interest in Cambodia’s e-commerce market, tax issues in the Kingdom had forced it to “reposition” its projects. In July, the company launched an online retail site, saying it planned to invest millions in the country’s ...
Cambodia to Export 100,000 Tons of Rice to Indonesia
Commerce Minister Cham Prasidh yesterday signed an agreement with Indonesia’s Trade Minister Gita Wijrawan to export 100,000 tons of milled rice to Indonesia every year, officials said. Although the details-such as when the exports will begin and where the rice will be sourced-have yet to be ...
Oxfam urges freeze of land investments
Global development group Oxfam on Wednesday called on the World Bank to suspend financing for large-scale land acquisitions to ensure that its practices do not encourage foreign land grabs in developing countries. Oxfam urged Jim Yong Kim, the lender’s new president, to announce a six-month moratorium ...
http://www.reuters.com/article/2012/10/04/worldbank-oxfam-land-idUSL1E8L2LKF20121004
Customs to Give Preference to Trusted Firms
The department of customs and excise will begin certifying companies it deems trustworthy so that their goods have easier passage across Cambodia’s borders, an official said yesterday. Traders will receive ranks based on compliance with customs rules, he [Nuom Chanrith, the director of planning at the Finance Ministry’s general ...
Walmart and H&M Suppliers Pay Workers at Closed Cambodia Plant
Suppliers to Wal-Mart Stores Inc. (WMT) and Hennes & Mauritz AB (HMB) agreed yesterday to pay about $145,000 in back wages and severance to about 160 workers at a Cambodian factory that closed in November, a labor activist involved in the deal said. The agreement, which ...
Committee Formed to Sell Off Mfone’s Assets
The administrator dealing with the debts of defunct mobile operator Mfone yesterday established a committee to sell off the company’s remaining assets. Since it filed for bankruptcy in January, more than 1,000 creditors, including former staff, have claimed Mfone owes them a combined $160 million. Mfone’s remaining ...
http://www.cambodiadaily.com/business/committee-formed-to-sell-off-mfones-assets-22715/
Group Lease aims to raise Bt3.4 bn for expansion
Group Lease plans to raise Bt3.4 billion from shareholders to expand its main motorcycle-leasing business aggressively and enter other types of “small credit” businesses here and in neighbouring countries, especially Cambodia, over the next two years. The company is reportedly negotiating to take over a ...
The Nation News Staff
http://www.nationmultimedia.com/business/Group-Lease-aims-to-raise-Bt3-4-bn-for-expansion-30216061.html
Hun Sen lambasts ‘mafia’-like CNRP over political deadlock
A blustery Prime Minister Hun Sen on Tuesday used a speech at a National Fish Day event to lash out against the opposition CNRP, comparing the party to the mafia and suggesting it create its own country “on the moon.” Just before helping release thousands of ...
Khy Sovuthy
http://www.cambodiadaily.com/news/hun-sen-lambasts-mafia-like-cnrp-over-political-deadlock-62942/
Rainsy says CNRP could end Assembly Boycott Friday
Opposition leader Sam Rainsy said that he made “tentative” plans with Prime Minister Hun Sen on Wednesday to appear before King Norodom Sihamoni on Friday to sign a deal ending the CNRP’s boycott of its 55 National Assembly seats. Government and CPP officials said they could ...
Alex Willemyns
http://www.cambodiadaily.com/news/rainsy-says-cnrp-could-end-assembly-boycott-friday-56266/
Lawyer says court won’t question lawmakers
The charges of “leading an insurrection” brought against seven CNRP lawmakers-elect after a violent protest last month now appear dead in the water, with their lawyers saying a Phnom Penh judge has told them he cannot question them over the case because they have sworn ...
Kuch Naren
http://www.cambodiadaily.com/news/lawyer-says-court-wont-question-lawmakers-on-insurrection-66263/
UN says Australia refugee pact with Cambodia worrying precedent
Australia’s pact to allow some refugees to be transferred to Cambodia sets a troubling precedent for international practices on handling asylum seekers, according to the UN High Commissioner for Refugees. The deal, signed yesterday in Phnom Penh, applies to an initial 200 refugees detained by Australia ...
David Stringer
http://www.bloomberg.com/news/2014-09-27/un-says-australia-refugee-pact-with-cambodia-worrying-precedent.html
City faces gigantic 45-storey change
Phnom Penh will be a changed city and more attractive when twin 45-storey condominium towers are completed in the coming three or four years, developers say. Sung Bonna, director of Bonna Realty Group, said Singaporean outfit The Bridge Company, would start constructing the twin skyscraper buildings ...
Siv Meng
http://www.phnompenhpost.com/real-estate/city-faces-gigantic-45-storey-change