News

NagaCorp chief CEO’s son smashes casino striker’s phone, union says

A son of casino firm NagaCorp’s billionaire senior CEO has been accused by unionists of snatching and throwing to the ground a phone belonging to a striking employee of the company’s NagaWorld casino, with video also showing the identified executive lobbing a traffic cone at ...

Sovann Sreypich and Jack Brook
https://cambojanews.com/nagacorp-chief-ceos-son-smashes-casino-strikers-phone-union-says/

Son Chhay found guilty for defamation, ordered to pay CPP $750,000

The Phnom Penh court on Friday ordered opposition Candlelight Party vice president Son Chhay to pay the ruling CPP 3 billion riel ($750,000) in damages, finding him guilty of defamation for saying that voting fraud occurred during the June commune elections. ...

Sorn Sarath
https://cambojanews.com/son-chhay-found-guilty-for-defamation-ordered-to-pay-cpp-750000/

Electric gear, linked exports record shocking 64% jump

Cambodia exported $1.090 billion worth of electrical machinery and equipment and related products in the first eight months of 2022, up 64.18 per cent from the $663.585 million recorded over the same time in 2021, according to Customs. ...

Hin Pisei
https://www.phnompenhpost.com/business/electric-gear-linked-exports-record-shocking-64-jump

$20M collected as deadline looms for right-hand-drive tax payments

The General Department of Customs and Excise of Cambodia (GDCE) has collected $19.73 million in levies on previously-untaxed right-hand-drive (RHD) vehicles in the 90 days to October 4, in Phase II of its campaign to get owners of such vehicles to comply with their tax ...

Hin Pisei
https://www.phnompenhpost.com/business/20m-collected-deadline-looms-right-hand-drive-tax-payments

Canadian firm granted oil, gas exploration, production licence

The government has given the nod to EnerCam Resources Co Ltd, a subsidiary of Toronto-listed Angkor Resources Corp, for oil and gas exploration, development and production on southwestern Cambodia’s roughly 7,300sq km onshore Block VIII in the Kampong-Som Basin, the parent company reported on October ...

May Kunmakara
https://www.phnompenhpost.com/business/canadian-firm-granted-oil-gas-exploration-production-licence

Agriculture minister Veng Sakhon removed from office

Minister of Agriculture, Forestry and Fisheries Veng Sakhon was removed from his position on October 8, with immediate effect, according to a Royal Decree. ...

Post Staff
https://www.phnompenhpost.com/national/agriculture-minister-veng-sakhon-removed-office

150 projects worth $3.45B approved in nine months

Cambodia has approved 150 fixed-asset investment projects worth about $3.45 billion in the January-September period of 2022, according to the Council for the Development of Cambodia (CDC)’s report yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501164016/150-projects-worth-3-45b-approved-in-nine-months/

Tax revenue rises to $2.02 billion in nine months

The General Department of Customs and Excise (GDCE) collected $2.02 billion in tax income in the January-September period of this year, a 19 percent increase compared to the same period last year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501163250/tax-revenue-rises-to-2-02-billion-in-nine-months/

Fishing resumes after four-month shutdown

Fishermen living in the northern provinces along the Chaktomuk River – including parts of the capital and neighbouring Kandal province – have resumed fishing after it was suspended from June 1 to September 30. ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/fishing-resumes-after-four-month-shutdown

Local players represent 51% of key Jan-Sep investments

Cambodian investors accounted for more than half of the nearly $3.5-billion value of the projects approved by the Council for the Development of Cambodia (CDC) in the first nine months of this year. ...

Hin Pisei
https://www.phnompenhpost.com/business/local-players-represent-51-key-jan-sep-investments

Floods wipe out thousands of hectares of farm land

Tens of thousands of hectares of rice paddy fields and mixed crops were damaged by floods this year with nearly 30,000 hectares of rice fields destroyed nationwide, the National Committee for Disaster Management (NCDM) has confirmed.   ...

Tith Kongnov
https://www.khmertimeskh.com/501164138/floods-wipe-out-thousands-of-hectares-of-farm-land/

Gov’t to intervene informal economy affected by inflation, says PM

The government on Wednesday approved a new mechanism to intervene in the informal economy by providing cash to Cambodian households who run informal businesses that are affected by inflation by November 2022 amid Russia’s ongoing invasion of Ukraine and sanctions, said Prime Minister Hun Sen ...

Kang Sothear
https://www.khmertimeskh.com/501164008/govt-to-intervene-informal-economy-affected-by-inflation-says-pm/

Hun Sen: Only international cooperation and solidarity can effectively address global environmental challenges

Samdech Hun Sen, President of the Cambodian People’s Party (CPP) and Prime Minister of the Kingdom of Cambodia, has stressed the significance of international cooperation and solidarity in effectively tackling global environmental challenges. ...

Khmer Times Staff
https://www.khmertimeskh.com/501164394/hun-sen-only-international-cooperation-and-solidarity-can-effectively-address-global-environmental-challenges/

MRC announces competition to modernize Mekong monitoring technology

The Mekong River Commission (MRC) announced Thursday a competition to design cost-effective, sustainable technology to monitor the Mekong’s water level, rainfall, soil moisture and water quality. ...

Khmer Times Staff
https://www.khmertimeskh.com/501164401/mrc-announces-competition-to-modernize-mekong-monitoring-technology/

Authorities working with Cambodia to rescue Vietnamese lured into illegal work

The spokeswoman of the Ministry of Foreign Affairs (MoFA) Le Thi Thu Hang said on October 6 that Vietnamese authorities are working closely with relevant agencies of Cambodia to deal with the issue of Vietnamese people tricked or lured to Cambodia for illegal work. ...

Khmer Times Staff
https://www.khmertimeskh.com/501164429/authorities-working-with-cambodia-to-rescue-vietnamese-lured-into-illegal-work/

500 underprivileged kids to access digital math tool

Five hundred underprivileged Cambodian kids are being given the chance to expand their education with free access to a fun math digital learning tool provided by the charity of Israel to Cambodia. ...

Meas Molika
https://kiripost.com/stories/500-underprivileged-kids-to-access-digital-math-tool

Commission hold workshop to explain gambling laws

Commercial Gambling Management Commission of Cambodia (CGMC) has organised a workshop to disseminate information about the Law on the Management of Integrated Resorts and Commercial Gambling to authorities at all levels as a basis for their cooperation with all relevant institutions for higher efficiency in ...

Lay Samean and Sek Prak
https://www.phnompenhpost.com/national/commission-hold-workshop-explain-gambling-laws

Sakhon: Agro-food soured by low tech, unfit standards

The Cambodian agro-food industry, even as a significant driver of economic growth, continues to be troubled by a collection of pressing issues, according to Minister of Agriculture, Forestry and Fisheries Veng Sakhon on October 3. ...

Hin Pisei
https://www.phnompenhpost.com/business/sakhon-agro-food-soured-low-tech-unfit-standards

Canadian firm granted oil, gas exploration, production licence

The government has given the nod to EnerCam Resources Co Ltd, a subsidiary of Toronto-listed Angkor Resources Corp, for oil and gas exploration, development and production on southwestern Cambodia’s roughly 7,300sq km onshore Block VIII in the Kampong-Som Basin, the parent company reported on October ...

May Kunmakara
https://www.phnompenhpost.com/business/canadian-firm-granted-oil-gas-exploration-production-licence

Cambodia, Cuba ink agreements on culture, sports as PMs explore prospects for co-op

Cambodia and Cuba on October 4 signed two memoranda of understanding (MoU): one on a cultural exchange programme and the other on cooperation in physical education, culture and sports. ...

Ry Sochan
https://www.phnompenhpost.com/national/cambodia-cuba-ink-agreements-culture-sports-pms-explore-prospects-co-op

FM pushes for ASEAN synergy to compete at global level

Minister of Foreign Affairs and International Cooperation Prak Sokhonn has urged all ASEAN member states to strengthen links with development partners to launch connectivity initiatives and cooperation projects throughout the region. ...

Ry Sochan and Samban Chandara
https://www.phnompenhpost.com/national-politics/fm-pushes-asean-synergy-compete-global-level

Improving Cambodia’s startup investment ecosystem

The Entrepreneurship Development Fund (EDF) held a workshop last Thursday to discuss “preliminary findings and to gather input on challenges and policy for startups and SMEs investment aspects” in Cambodia. ...

Bun Tharum
https://kiripost.com/stories/improving-cambodia-startup-investment-ecosystem

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