Khmer Times

Telecom law opens door for investment: official

The new Telecom Law recently approved by the Senate will open the sector for more investment as the government moves to ensure infrastructure for telecom services is provided nationwide by 2020, a senior official told a regional telecom forum yesterday.  ...

Chea Vannak
http://www.khmertimeskh.com/news/18475/telecom-law-opens-door-for-investment--official/

Third tranche of port shares snapped up swiftly

The third and final tranche of 1.8 million shares in Phnom Penh Autonomous Port’s (PPAP) recent initial public offering (IPO) sold out by the middle of last month, according to Hei Bavy, director general of the state-owned enterprise. ​ ...

Sum Manet
http://www.khmertimeskh.com/news/18432/third-tranche-of-port-shares-snapped-up-swiftly/

Give farmers a break: PM

Prime Minister Hun Sen yesterday called on banks and microfinance institutions (MFIs) to suspend loan repayments by borrowers affected by this year’s drought, or either make the loans interest free or cut the rates. ...

May Kunmakara
http://www.khmertimeskh.com/news/18453/give-farmers-a-break--pm/

Gov’t to crack down on overdue road tax

The General Department of Taxation (GDT) will continue collecting the annual road tax on vehicles due at the end of last month until the end of the year, but will start cracking down on late payments on January 1, it announced. The taxes can be ...

Sok Chan
http://www.khmertimeskh.com/news/18434/gov---t-to-crack-down-on-overdue-road-tax/

Gov’t pushing for softer touch on drug rehab programs

The Kingdom’s much-maligned drug rehabilitation programs may be getting a facelift, thanks to a new government-led push towards ‘community-based treatment’, according to officials and NGOs working in the sector.  ...

James Reddick and Tin Sokhavuth
http://www.khmertimeskh.com/news/18445/gov---t-pushing-for-softer-touch-on-drug-rehab-programs/

Apsara acts on Koh Ker logging

The government’s Apsara authority will join forces with the Preah Vihear administration to establish a joint committee to prevent illegal logging and to manage state land in the protected areas around Koh Ker, officials said yesterday. ...

May Titthara
http://www.khmertimeskh.com/news/18450/apsara-acts-on-koh-ker-logging/

North Korea cements ties with Siem Reap museum

After five years of building and delays, the $24 million Angkor Panorama Museum in Siem Reap was opened on Friday by Deputy Prime Minister Sok An, cementing growing ties between the Kingdom and North Korea, especially in Siem Reap. ...

Ek Madra
http://www.khmertimeskh.com/news/18406/north-korea-cements-ties-with-siem-reap-museum/

Ratanakkiri land dispute takes diamond twist

When 112 families gathered to demonstrate for four hours in front of the Ratanakkiri provincial court last Wednesday, most of their invective was directed toward the court itself, and toward someone they termed “a rich man from Phnom Penh,” a Mr. Heang Socheat, whom, they ...

Aisha Down and Chea Takihiro
http://www.khmertimeskh.com/news/18408/ratanakkiri-land-dispute-takes-diamond-twist/

Chip Mong unit signs $262 deal for cement plant

A unit of domestic conglomerate Chip Mong Group, Chip Mong Insee Cement, has signed a partnership agreement with China’s CITIC Heavy Industries Co. Ltd. to build a $262 million cement plant in Kampot province, with construction slated to start next year.  ...

May Kunmakara
http://www.khmertimeskh.com/news/18395/chip-mong-unit-signs--262-deal-for-cement-plant/

Grow Asia eyes Cambodian farms

Grow Asia, a multi-stakeholder partnership focused on sustainable and inclusive agriculture in the ASEAN region, is seeking to expand to Cambodia by 2016 to help small-scale farming develop into commercial agriculture and to strengthen the agriculture sector, a senior executive from Grow Asia said. ...

Sok Chan
http://www.khmertimeskh.com/news/18303/grow-asia-eyes-cambodian-farms/

Prek Toal wetlands sanctuary gets international recognition

Sixteen years after the Ministry of Environment and conservation groups began to protect the Prek Toal wetlands on the western edge of Tonle Sap Lake, the area has been designated a site of global importance. ...

James Reddick
http://www.khmertimeskh.com/news/18304/prek-toal-wetlands-sanctuary-gets-international-recognition/

Ly Yong Phat in talks to supply power to Thailand

Tycoon Ly Yong Phat’s L.Y.P. Group is talking with the Thai government’s Energy Policy and Planning Office (Eppo) to supply Thailand with 2,000 megawatts from his planned Koh Kong coal-fired power plant, and hopes to sign a deal early next year. ...

May Kunmakara
http://www.khmertimeskh.com/news/18243/ly-yong-phat-in-talks-to-supply-power-to-thailand/

Residents angry over canal wall collapse

Residents living next to a sewage canal in Chomchao commune are concerned about their safety after the walls containing the canal and the ground around it began to collapse when contractors began work on a nearby construction site. ...

Chea Takihiro
http://www.khmertimeskh.com/news/18259/residents-angry-over-canal-wall-collapse/

Arrest ordered for Rainsy Facebook manager

An arrest warrant was issued on Tuesday for an assistant of opposition leader Sam Rainsy who helps run his popular Facebook page and is allegedly responsible for producing the video in which now-jailed Senator Hong Sok Hour presents a forged treaty. ...

Mech Dara
https://www.cambodiadaily.com/news/arrest-ordered-for-rainsy-facebook-manager-101683/

Cause of Salmonella infection spikes still a mystery

In the summer of 2013, the French government sent out an alert to health agencies throughout Europe of a spike in travelers recently returned from Cambodia needing treatment in hospitals after exposure to a rare strain of salmonella. By the fall, 34 patients in France, ...

James Reddick
http://www.khmertimeskh.com/news/18249/cause-of-salmonella-infection-spikes-still-a-mystery/

Port shares ‘likely to rise’ on market debut

Shares of Phnom Penh Autonomous Port (PPAP) will likely rise when they begin trading on the Cambodia Securities Exchange (CSX) next Wednesday, Han Kyung Tae, managing director of the Yuanta Securities (Cambodia), said yesterday. ...

May Kunmakara
http://www.khmertimeskh.com/news/18263/port-shares----likely-to-rise----on-market-debut/

Investors from western China eye Cambodia

Chinese Investors from Sichuan Province in Western China are seeking out investment opportunities in Cambodia, a senior official from the China Council for the Promotion of International Trade (CCPIT) Sichuan Council said yesterday at a meeting in the capital. Investment would be focused on infrastructure ...

Sok Chan
http://www.khmertimeskh.com/news/18214/investors-from-western-china-eye-cambodia/

ACU battles judicial association on corruption

The Anti-Corruption Unit (ACU) has refused to supervise the upcoming exam for new judges organized by the Royal Academy for Judicial Professions (RAJP), claiming that the RAJP “lacks the will” to work with them on fighting against widespread judicial corruption. ...

Tin Sokhavuth
http://www.khmertimeskh.com/news/18224/acu-battles-judicial-association-on-corruption/

Massive boost in Cambodia-Thai trade sought

Trade officials from Cambodia and Thailand will begin two days of talks in Bangkok tomorrow in an attempt to boost bilateral increase by 30 per cent per year over the next five years, including drawing more investment from third countries in special economic zones (SEZ), ...

May Kunmakara
http://www.khmertimeskh.com/news/18212/massive-boost-in-cambodia-thai-trade-sought/

Tycoon reelected president of two chambers of commerce

Kith Meng, chairman of the Royal Group, was reelected president of the Cambodia Chamber of Commerce yesterday in a landslide vote at its Phnom Penh office. The tycoon, whose interests span television, banking, telecoms and property, was also reelected president of the Phnom Penh Chamber ...

Sok Chan
http://www.khmertimeskh.com/news/18177/tycoon-reelected-president-of-two-chambers-of-commerce/

‘Policymakers still stuck in comfort zone’

As the global economy faces a challenging growth environment, developed and least developed countries are increasingly competing for export markets to spur growth, with many – like Cambodia – aiming to diversify markets as well as products. Cambodia has relied primarily on exports of ...

May Kunmakara
http://www.khmertimeskh.com/news/18178/---policymakers-still-stuck-in-comfort-zone---/

Local SMEs keen to replace Thai, Vietnamese imports

Cambodian businesses are joining forces in an attempt to increase production and reduce the country’s dependence on imports. The Federation of Association for Small and Medium Enterprises of Cambodia, the Ministry of Industry and Handicraft, and the Cambodia Chamber of Commerce plan to encourage small ...

Sok Chan
http://www.khmertimeskh.com/news/18174/local-smes-keen-to-replace-thai--vietnamese-imports/

Tycoon reelected president of two chambers of commerce

Kith Meng, chairman of the Royal Group, was reelected president of the Cambodia Chamber of Commerce yesterday in a landslide vote at its Phnom Penh office. The tycoon, whose interests span television, banking, telecoms and property, was also reelected president of the Phnom Penh Chamber ...

Sok Chan
http://www.khmertimeskh.com/news/18177/tycoon-reelected-president-of-two-chambers-of-commerce/

UN, Gov’t move to end violence against women

The United Nations and the Cambodian Ministry of Women’s Affairs will organize four major events across the country to raise awareness of the need to end violence against women and girls, according to a UN Women’s statement on Wednesday. ...

Xinhua team
http://www.khmertimeskh.com/news/18114/un--gov---t-move-to-end-violence-against-women/

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