Khmer Times
Bridge broken by illegal load
Kampot’s Ta Reach bridge was severely damaged by a truck overloaded with illegal luxury timber over the weekend, prompting a manhunt for the truck’s driver, who was apparently on his way to Vietnam at the time of the accident. ...
Pav Suy
http://www.khmertimeskh.com/news/26038/bridge-broken-by-illegal-load/
Tax collection goes up by 21.6 percent
The government’s tax revenue collection rose to about 21.6 percent in the first five months of this year, compared with the same period last year, with some $708.2 million filling state coffers, according to the Ministry of Economy and Finance’s General Department of Taxation (GDT). ...
Sok Chan
http://www.khmertimeskh.com/news/26024/tax-collection-goes-up-by-21-6-percent/
Foreign minister to join Asean meeting
As one of 10 Asean foreign ministers, Cambodian Foreign Affairs Minister Prak Sokhon will travel to China for a two-day meeting between Chinese Foreign Minister Wang Yi and the foreign ministers of Asean, according to a statement from the Foreign Ministry released on Saturday. ...
Ros Chanveasna
http://www.khmertimeskh.com/news/26033/foreign-minister-to-join-asean-meeting/
Health sector on notice
Legal action will be taken against health institutes that offer a low quality of care, according to a directive issued by the Minister of Health last week, which also emphasized the importance of digital record keeping in the medical sector. ...
Mom Kunthear
http://www.khmertimeskh.com/news/26032/health-sector-on-notice/
Acleda increases share capital
Cambodia’s leading commercial bank Acleda announced late last week that it has injected an additional $42 million to top up the current share capital of $265.7 million, bringing the total registered share capital to $307.7 million. ...
Sok Chan
http://www.khmertimeskh.com/news/26026/acleda-increases-share-capital/
Boom time for construction sector
The construction sector in the Kingdom is booming with total investment skyrocketing to $832.2 million this month compared to $39.7 million last June, according to latest figures from the Ministry of Land Management, Urban Planning and Construction. ...
Sum Manet
http://www.khmertimeskh.com/news/25983/boom-time-for-construction-sector/
US supports TPP bid
The United States yesterday threw its support behind Cambodia becoming a member of the US-led Trans-Pacific Partnership (TPP) to promote economic growth, trade and investment in the Asia-Pacific region and the Pacific Rim countries. ...
Chea Vannak
http://www.khmertimeskh.com/news/25980/us-supports-tpp-bid/
Minister targets overloaded trucks again
Cambodia spends about $180 million a year on road maintenance thanks to overloaded trucks and the Transport Ministry has threatened to confiscate trucks that do not comply with the law, according to officials. ...
Sok Chan
http://www.khmertimeskh.com/news/25988/minister-targets-overloaded-trucks-again/
Minister: hands-off judiciary
Justice Minister Ang Vong Vathana has never interfered in a judicial decision, he said during a speech in front of a half-vacant National Assembly yesterday. ...
Taing Vida
http://www.khmertimeskh.com/news/25993/minister--hands-off-judiciary/
Dengue cases on the rise
Dengue cases, which can be highly lethal to children, rose phenomenally in the first five months this year and more than doubled compared with the same period last year. ...
Mom Kunthear
http://www.khmertimeskh.com/news/25932/dengue-cases-on-the-rise/
Japan gives $3M for scholarships
The Japanese government will continue providing scholarships to young Cambodian government officials wishing to study in Japan, continuing a tradition of bilateral scholarship that began in 2000, officials said yesterday. ...
Ros Chanveasna
http://www.khmertimeskh.com/news/25924/japan-gives--3m-for-scholarships/
Environment focus for UNDP
Monday’s World Environment Day was recognized by the United Nations Development Programme (UNDP) when the organization’s headquarters in Cambodia issued a press release outlining the importance of environmental protection in the Kingdom. ...
Tin Sokhavuth
http://www.khmertimeskh.com/news/25923/environment-focus-for-undp/
Tax revenue fills coffers of the state
The government’s tax revenue saw a sharp increase of about 22 percent in the first five months of the year, compared with the same period last year, with some $763 million collected by the General Department of Customs and Excise. ...
Sum Manet
http://www.khmertimeskh.com/news/25916/tax-revenue-fills-coffers-of-the-state/
Eco Park, Maybank in deal
The Singapore investor of Le Urban Eco Park, an ecologically-friendly satellite city, and Maybank have reached a deal to sell residential apartments and shop buildings in the park as the project nears completion by the end of the year. ...
Chea Vannak
http://www.khmertimeskh.com/news/25913/eco-park--maybank-in-deal/
Tunnels, overpasses to be built in capital
A section of road built beneath the ground and a renovated Kbal Thnal overpass may be on the way for the capital’s drivers, according to Phnom Penh Governor Pa Socheatevong, although other officials close to the projects say construction could start as early as next ...
Pav Suy
http://www.khmertimeskh.com/news/25863/tunnels--overpasses-to-be-built-in-capital/
Thai SEZ eyes Cambodia
The Thai government plans to build a special economic zone (SEZ) worth about $141.6 million in Sa Kaeo, which borders the Kingdom’s Banteay Meanchey and Battambang provinces, to serve SMEs that aim to expand their business into Cambodia, according a Thai media report. ...
Sum Manet
http://www.khmertimeskh.com/news/25858/thai-sez-eyes-cambodia/
Economic zone reaches milestone
The Sihanoukville Special Economic Zone (SSEZ) jointly operated by a China-based conglomerate and the Cambodia International Investment Development Group Co. Ltd reached a milestone yesterday with the 100th factory set up to operate in the economic and trade cooperation zone. ...
Chea Vannak
http://www.khmertimeskh.com/news/25859/economic-zone-reaches-milestone/
Stock exchange ready for SMEs
The Federation of Associations for Small and Medium Enterprises of Cambodia (FASMEC) sees small and medium sized businesses (SMEs) as the engine to drive growth on the local stock market, while the companies already listed have been growing steadily. ...
Sok Chan
http://www.khmertimeskh.com/news/25855/stock-exchange-ready-for-smes/
Beach buildings to be destroyed
Structures considered to be encroaching on state-owned beach areas in Sihanoukville will be demolished, according to a letter sent on Sunday from the Minister of Land Management to the Committee for Cambodia Coastal Management and Development. ...
Pav Suy
http://www.khmertimeskh.com/news/25870/beach-buildings-to-be-destroyed/
NBC modernizes payment system
The National Bank of Cambodia (NBC) received a grant totaling $8 million from the South Korean government, through the Korea International Cooperation Agency (KOICA) to modernize its national retail payment system as the Kingdom gets ready to trade in the Asean Economic Community. ...
May Kunmakara
http://www.khmertimeskh.com/news/25854/nbc-modernizes-payment-system/
Illegal migrants to be deported
Sixty illegal Vietnamese and Chinese laborers were arrested in Kampot province yesterday. ...
Cheang Sokha
http://www.khmertimeskh.com/news/25867/illegal-migrants-to-be-deported/
ACU rejects complaints against Sokha, NEC
The Anti-Corruption Unit (ACU) has decided it will not take action over two complaints accusing acting Cambodian National Rescue Party (CNRP) president Kem Sokha of financial fraud along with corruption allegations against four National Election Committee members. ...
Taing Vida
http://www.khmertimeskh.com/news/25827/acu-rejects-complaints-against-sokha--nec/
National carrier expands routes
The Kingdom’s national flagship carrier Cambodia Angkor Air is now setting its sights to fly to international destinations in an interline agreement with South Korea-based Jin Air. A memorandum of understanding (MoU) signed between Cambodia Angkor Air and Jin Air late last week paves the ...
May Kunmakara
http://www.khmertimeskh.com/news/25814/national-carrier-expands-routes/
Justice Min. to debate despite boycott
The Justice Minister will verbally clarify laws and procedures relating to politicians and the judiciary in the National Assembly on June 9, despite requests by the opposition to cancel the session. ...
May Titthara
http://www.khmertimeskh.com/news/25829/justice-min--to-debate-despite-boycott/