Khmer Times

S. Korea is laying the foundation for accelerating growth

The flow of Korean investment into Cambodia has been in the spotlight for more than a decade, primarily foreign direct investment in the construction and property sectors. Investment from the East Asian nation continues its rise, and in 2014 South Korean investment in Cambodia ranked ...

May Kunmakara
http://www.khmertimeskh.com/news/20465/s--korea-is-laying-the-foundation-for-accelerating-growth/

Cambodia to join anti-weapon smuggling conference

Next week, Cambodia will join a conference focused on stopping the spread of weapons of mass destruction (WMDs). The conference, to be held in Washington D.C. on January 27th, is part of the US-led Proliferation Security Initiative (PSI), started in 2003 to keep bomb parts ...

Jonathan Cox and Taing Vida
http://www.khmertimeskh.com/news/20361/cambodia-to-join-anti-weapon-smuggling-conference/

National election committee addressing ID challenges

The National Election Committee (NEC) is confronting challenges this week regarding new voter registration, paying particularly close attention to problems arising from the dissemination of new voter ID cards and allowing better access to monks who wish to obtain them. ...

Chea Takihiro
http://www.khmertimeskh.com/news/20311/national-election-committee-addressing-id-challenges/

Solar power in the spotlight

The government should invest more in sustainable energy, with a focus on solar power, experts told a conference on energy security yesterday, adding that this could reduce Cambodia’s dependence on large-scale hydropower projects and coal-fired plants. ...

Chea Vannak
http://www.khmertimeskh.com/news/20291/solar-power-in-the-spotlight/

Launch of child welfare plan marked

The Cambodian government on Monday launched its first nationwide policy for child development, aiming to enhance education, promote social welfare and strengthen protection for children in the Kingdom. ...

Igor Kossov
http://www.phnompenhpost.com/national/launch-child-welfare-plan-marked

Concessions cancelled as oil price plummets

The government cancelled two concessions for offshore oil – Block B and Block F – held by two foreign companies last year because they failed to comply with the terms of their agreements, senior officials from Ministry of Mines and Energy (MME) told Khmer Times ...

May Kunmakara
http://www.khmertimeskh.com/news/20315/concessions-cancelled-as-oil-price-plummets/

Japan’s top airline to add Phnom Penh route in September

All Nippon Airways (ANA) – Japan’s largest carrier – will begin flying between Tokyo and Phnom Penh on September 1, the spokesman for the Secretariat of State of Civil Aviation told Khmer Times yesterday, adding that the first direct flight from Japan to Cambodia will ...

May Kunmakara
http://www.khmertimeskh.com/news/20134//

Gov’t plans for traffic law enforcement by mid-March

The oft-delayed and amended traffic law is scheduled to take effect in mid-March after being postponed since January due to widespread complaints from citizens across the country. Although the law won’t take effect until mid-March, police are still checking vehicle documents, and are looking out ...

Chea Vannak
http://www.khmertimeskh.com/news/20150/gov---t-plans-for-traffic-law-enforcement-by-mid-march/

Illegal lumber trade stalled as two more warehouses raided

Military police investigated two warehouses in Kratie and Mondulkiri provinces yesterday amid a crackdown on illegal logging in eastern Cambodia. As police continue to raid warehouses and tighten security along the Vietnamese border, illegal logging and the sale of luxury wood has ground to a ...

May Titthara and And Jonathan Cox
http://www.khmertimeskh.com/news/20147/illegal-lumber-trade-stalled-as-two-more-warehouses-raided/

Education ministry planning student loans fund for university

In an effort to prepare more students for ASEAN integration, the Education Ministry plans to set up a program to give high school students access to student loans so they can continue their studies at university. ...

Ros Chanveasna
http://www.khmertimeskh.com/news/20143/education-ministry-planning-student-loans-fund-for-university/

New agriculture strategy aims to ‘promote exports’

The Agriculture Ministry yesterday launched a strategy for the developing the sector, aiming to expand exports of agricultural products to spur economic growth through sustainable farming practices.Agriculture Minister Ouk Rabun said the government has implemented many strategies and development plans to boost the agriculture sector ...

Sok Chan
http://www.khmertimeskh.com/news/20133/new-agriculture-strategy-aims-to----promote-exports---/

Siem Reap copper mine shut down

A copper mine in Siem Reap province’s Chi Kreng district was closed down last Thursday over allegations that its parent company has been running the site with an expired license. The investigation into Meng Xin Hong Fa (Cambodia) Resources Investment Co. Ltd. is being led ...

Chea Vannak
http://www.khmertimeskh.com/news/20048/siem-reap-copper-mine-shut-down/

Cambodia ‘invited to join TPP

Cambodia has been invited to join the Washington-brokered Transpacific Trade Partnership (TPP), which has been described as a deal that will create the largest free-trade zone in the world if it is implemented, a senior official from the Ministry of Economy and Finance said. ...

Vincent MacIsaac
http://www.khmertimeskh.com/news/20054/cambodia----invited-to-join-tpp---/

Siem Reap copper mine shut down

A copper mine in Siem Reap province’s Chi Kreng district was closed down last Thursday over allegations that its parent company has been running the site with an expired license. The investigation into Meng Xin Hong Fa (Cambodia) Resources Investment Co. Ltd. is being led ...

Chea Vannak
http://www.khmertimeskh.com/news/20048/siem-reap-copper-mine-shut-down/

U.S. secretary of state to visit Cambodia

U.S. Secretary of State John Kerry will pay an official visit to Cambodia later this month to boost bilateral ties, Cambodia’s Ministry of Foreign Affairs said on Saturday.   ...

Xinhua team
http://www.khmertimeskh.com/news/20012/u-s--secretary-of-state-to-visit-cambodia/

Herd of endangered Asian elephants captured on camera in Cambodia

A herd of at least 12 endangered Asian elephants, including young, has been caught grazing and roaming around the Cambodia’s largest protected forest in a remarkable camera trap footage, according to the Conservation International’s statement seen on Saturday.   ...

Xinhua team
http://www.khmertimeskh.com/news/20011/herd-of-endangered-asian-elephants-captured-on-camera-in-cambodia/

Firms urged to opt for arbitration, not courts, to settle disputes

Commercial arbitration is a swifter, less expensive and more confidential way to settle business disputes than going through the courts, and the expansion of the service here will make the investment environment more attractive, Van Sou Ieng, president of the Cambodian Federation of Employers and ...

Sok Chan
http://www.khmertimeskh.com/news/20033/firms-urged-to-opt-for-arbitration--not-courts--to-settle-disputes/

European bank adds Cambodia to network

France’s BRED Bank, one of the largest lenders in Europe, plans to open its first branch in Cambodia by the end of the year as it expands its network in ASEAN, its CEO said, adding that it aims to assist  small and medium-sized enterprises (SMEs) ...

May Kunmakara
http://www.khmertimeskh.com/news/19971/european-bank-adds-cambodia-to-network/

Kingdom’s union law ‘a work in progress’

Lawmakers from both the ruling Cambodia People’s Party (CPP) and the Cambodia National Rescue Party (CNRP) were able to reach consensus and move forward on several aspects of the draft union law yesterday, revising seven of 21 articles that had been flagged by union groups ...

Taing Vida
http://www.khmertimeskh.com/news/19968/kingdom---s-union-law----a-work-in-progress---/

Investment in construction reaches all-time high

Investment in the construction sector reached an all-time high last year at almost $3.5 billion, up about 40 percent from the $2.5 billion invested in the sector in 2014, according to data from the Ministry of Land Management, Urban Planning, and Construction.   ...

Sum Manet
http://www.khmertimeskh.com/news/19955/investment-in-construction-reaches-all-time-high/

Draft law to join china-led development bank passes national assembly

The draft law to join the China-led Asian Infrastructure Investment Bank passed the National Assembly yesterday with lawmakers from both the ruling and opposition party supporting it, saying it will  open the door to a new source of funding for the development of the Kingdom’s ...

Sok Chan
http://www.khmertimeskh.com/news/19860/draft-law-to-join-china-led-development-bank-passes-national-assembly/

Forecast stormy for Mekong, commission says

With the threat of climate change, a long-lasting drought, and contentious dam construction in Laos, the Mekong River Commission (MRC) has its work cut out for the rest of the year. Composed of delegates from Cambodia, Laos, Thailand, and Vietnam, the MRC is in charge ...

Jonathan Cox
http://www.khmertimeskh.com/news/19880/forecast-stormy-for-mekong--commission-says/

First VIP lounge opens at airport

A new VIP lounge was officially opened yesterday by Plaza Premium Group in the departure area of Phnom Penh International Airport, with the Hong Kong-based company saying it invested nearly $2 million in the lounge. ...

Sok Chan
http://www.khmertimeskh.com/news/19746/first-vip-lounge-opens-at-airport/

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