News

$6 billion in building projects

During the past five years the government approved close to $6.83 billion worth of investments in 1,183 construction projects, according to a senior official from the Ministry of Land Management, Urban Planning and Construction. ...

Sum Manet
http://www.khmertimeskh.com/news/28404/-6-billion-in-building-projects/

Government orders search for prisoners in Malaysia

Foreign Affairs Minister Prak Sokhonn has ordered Cambodian Embassy staff in Malaysia to find out whether more nationals are being held in any of the country’s detention facilities after 18 Cambodians were released from a prison in Kuala Lumpur last week. ...

The Cambodia Daily
https://www.cambodiadaily.com/brief/government-orders-search-prisoners-malaysia-116588/

Border control a concern as harvest looms

Tighter border controls by Thai authorities could result in thousands of tonnes of Cambodian agricultural goods getting stranded at the border next month when local farmers begin harvesting their crops, sources warned yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/border-control-concern-harvest-looms

Railway works prime Poipet for prosperous developments

The train route that is set to connect Poipet to Thailand, and the government’s plan to make Poipet a commercial and industrial area, are readying this Thai-bordered city to exercise its potential. ...

Siv Meng
http://www.phnompenhpost.com/post-property/railway-works-prime-poipet-prosperous-developments

Report confirms residential oversupply

The latest report on the state of Phnom Penh’s property market makes bleak reading for investors and those betting on a lucrative future in the short-term. ...

Post Staff
http://www.phnompenhpost.com/post-property/report-confirms-residential-oversupply

Officials helping migrants in Thailand

Cambodian embassy officials in Thailand are now assisting migrant workers in Thai prisons by providing lawyers for them. Embassy officials also announced they are looking for relatives of a Cambodian man who died in Thailand late last month to take his body, which is being ...

Mom Kunthear
http://www.khmertimeskh.com/news/28418/officials-helping-migrants-in-thailand/

Evictees, sugar company reach deal at last

Representatives of evicted families and a sugarcane plantation owned by a prominent CPP senator announced an agreement on Thursday that provides compensation ranging from $500 to $5,000 to eligible villagers after a five-year battle over land. ...

Sek Odom
https://www.cambodiadaily.com/news/evictees-sugar-company-reach-deal-last-116579/

Disney carbon deal sets stage for more partnerships

Cambodia’s first large-scale private-sector sale of carbon credits was finalised yesterday, with conservationists predicting that it could pave the way for more public-private partnerships, making millions of dollars of funding available for local carbon-based initiatives. US entertainment giant Walt Disney Company has officially purchased $2.6 ...

Kali Kotoski
http://www.phnompenhpost.com/business/disney-carbon-deal-sets-stage-more-partnerships

Domestic tourists push up Siem Reap visitor count

Tourist visits to Siem Reap province increased slightly during the first half of the year as foreign tourists lined up to see the country’s pre-eminent tourism attraction, Angkor Wat, and Cambodians from across the country flocked to the province for a major national festival in ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/domestic-tourists-push-siem-reap-visitor-count

Chroy changvar bridge to close for repairs

The Cambodia-Japan Friendship Bridge will close for repairs early next year after structural damage was discovered last year, City Hall announced yesterday. City Hall spokesman Mean Chanyada said: “We will close the bridge for 22 months to make repairs starting from early January 2017.” ...

Ven Rathavong
http://www.khmertimeskh.com/news/28345//

Railway families still smarting after 2 years

Efforts by the Asian Development Bank (ADB) to restore the living standards of families evicted by its railway rehabilitation project continue to fall far short of expectations, and urgent action is needed if the bank is to comply with its own safeguard policies, according to ...

Zsombor Peter
https://www.cambodiadaily.com/news/railway-families-still-smarting-2-years-116519/

Indonesia, Cambodia discuss defence cooperation

Indonesia is willing to offer Cambodia’s navy ships at a discount and would like the Kingdom to be involved in joint patrols in the region, Indonesia’s Defence Minister Ryamizard Ryacudu yesterday told the Post, amid his meetings with government leaders. ...

Shaun Turton and Vong Sokheng
http://www.phnompenhpost.com/national/indonesia-cambodia-discuss-defence-cooperation

Plans for Mondolkiri road on hold, minister tells EU

Interior Minister Sar Kheng informed European Ambassador George Edgar on Tuesday that plans to construct a controversial road and border checkpoint that would have cut straight through the Mondolkiri Protected Forest had been suspended. ...

Aun Pheap
https://www.cambodiadaily.com/news/plans-mondolkiri-road-hold-minister-tells-eu-116533/

Disabled deserve jobs: gov’t

The Ministry of Social Affairs yesterday once again called on the Kingdom’s employers to hire the disabled, something mandated in a widely ignored 2010 sub-decree. ...

Sen David and Cristina Maza
http://www.phnompenhpost.com/national/disabled-deserve-jobs-govt

Rattanakiri court to hear logging case

The Rattanakiri provincial court will hear a case against provincial officials brought by rights group Adhoc on Wednesday, which accuses them of failing to prevent illegal logging in Lumphat district. ...

May Titthara
http://www.khmertimeskh.com/news/28335/rattanakiri-court-to-hear-logging-case/

Regulators keeping a close eye on derivatives market

Cambodia’s capital market regulator held a forum yesterday on regulations and safeguards for the derivatives market, laying out the inherent risk and reward of the poorly understood financial instrument that has until recently operated with no oversight. ...

Kali Kotoski
http://www.phnompenhpost.com/business/regulators-keeping-close-eye-derivatives-market

Exports to Japan rise sharply

Cambodia’s total exports of garments and footwear to Japan increased sharply in the first half of the year, according to latest figures from the Japan External Trade Organization (JETRO). ...

May Kunmakara
http://www.khmertimeskh.com/news/28319/exports-to-japan-rise-sharply/

Review finds economy resilient to challenges

The National Bank of Cambodia released its annual report yesterday, citing strong growth in 2015 despite challenging economic circumstances caused by a Chinese economic slowdown, increased regional competitiveness and the appreciation of the US dollar. ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/review-finds-economy-resilient-challenges

Rice farmers bracing for droughts, floods

Though the rice-planting season has started and nationwide rice cultivation this month has been higher than planned, farmers are worried that adverse weather events caused by climate change will ruin their crops. According to the Ministry of Agriculture, Forestry and Fisheries’ planning and statistics department, the ...

Chea Vannak
http://www.khmertimeskh.com/news/28321/rice-farmers-bracing-for-droughts--floods/

Villages no longer dark

The Cambodian government is on track to provide electricity to all villages in the Kingdom by 2020 as this year’s seven-month data, from the Ministry of Mines and Energy, indicate that 71 percent of rural areas now have regular power supply. Ith Praing, secretary of state ...

Chea Vannak
http://www.khmertimeskh.com/news/28315/villages-no-longer-dark/

Villagers, police face off in Phnom Penh over Koh Kong sugar petition

Meanchey district police and security guards yesterday clashed with about 70 Koh Kong province villagers at the capital’s Samaki Rainsy pagoda, shoving and pushing them as they tried to make their way to the Ministry of Land Management. ...

Touch Sokha
http://www.phnompenhpost.com/national/villagers-police-face-phnom-penh-over-koh-kong-sugar-petition

WWF slams lenience for civet caterers

The environmental protection group WWF has criticized the penalty imposed on three brothers arrested in Mondolkiri province over the weekend for filling the trunk of a car with turtles, lizards, snakes, a monkey and a civet—all of them meant to be food for a party. ...

Phan Soumy
https://www.cambodiadaily.com/news/wwf-slams-lenience-civet-caterers-116537/

Insurance continues to grow

Insurance sales have grown by 37 percent in the first half of the year, totaling $56 million, the Insurance Association of Cambodia (IAC) announced in a report Tuesday.  The increase, up from $40.9 million for the same period last year, has been driven by a ...

Sok Chan
http://www.khmertimeskh.com/news/28318/insurance-continues-to-grow/

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