Khmer Times

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/

Vihear Suor farmers slammed for workday pesticide use

The Khsach Kandal district hall has called on 10 farmers to attend a meeting today about the pesticides they spray on their crops after almost 300 factory workers in the nearby 7NG Economic Zone fainted on Thursday and Friday. ...

Pav Suy
http://www.khmertimeskh.com/news/18069/vihear-suor-farmers-slammed-for-workday-pesticide-use/

Group aims to teach youth about workers rights

Young people in Cambodia are often taken advantage of by factories because of their inexperience and lack of understanding about labor rights, but the Youth Resource Development Program (YRDP) is trying to change that by educating young people on unions and dispute management in the ...

Chea Takihiro
http://www.khmertimeskh.com/news/18067/group-aims-to-teach-youth-about-workers-rights/

Gov’t moves to attract IT firms

Technological innovation is playing a critical role in the development of the country’s economy by making business operate faster, a senior official at the Ministry of Commerce told a seminar last week. ...

May Kunmakara
http://www.khmertimeskh.com/news/18058/gov---t-moves-to-attract-it-firms/

Korean firm plans JV expressway to Sihanoukville

Cambodia’s Global CAM Project Development Plc on Friday signed a memorandum of understanding (MoU) with Korea’s Green Eco Energy Co. Ltd. to build a high-speed expressway from Phnom Penh to Sihanoukville, executives from the two firms said. ...

Sok Chan
http://www.khmertimeskh.com/news/18056/korean-firm-plans-jv-expressway-to-sihanoukville/

Chinese developer signs $1.5 billion MOU with Royal Group

Cambodian conglomerate Royal Group yesterday signed a $1.5 billion memorandum of understanding with Chinese conglomerate Herun Group to establish a real estate development company in Cambodia, invest in other sectors, and possibly list units of Royal Group on stock exchanges in China, executives from the ...

Sok Chan
http://www.khmertimeskh.com/news/17986/chinese-developer-signs--1-5-billion-mou-with-royal-group/

Housing boom prompts calls for more lending, bubble warning

With the real-estate boom entering its fourth year banks and developers are eager to expand credit to the sector, though regulators say they are monitoring lending for real estate for signs of a bubble and are taking preemptive measure to minimize risks that could affect ...

May Kunmakara
http://www.khmertimeskh.com/news/17987/housing-boom-prompts-calls-for-more-lending--bubble-warning/

Kamchay dam claims not behind Kampot flood

The Chinese company that operates the hydroelectric power plant on the Kamchay River in Kampot province yesterday denied that a decision to open the dam’s gates during a recent storm was the cause of severe flooding in the area. ...

Chea Vannak
http://www.khmertimeskh.com/news/17998/kamchay-dam-claims-not-behind-kampot-flood/

NEC pressed on election reforms

The Electoral Reform Alliance (ERA) will Lobby the National Election Committee (NEC) to adopt a regional declaration on free and fair elections that includes commitments to the right of citizens living abroad to vote and for the military to stay independent of the electoral process. ...

Chea Takihiro
http://www.khmertimeskh.com/news/17992/nec-pressed-on-election-reforms/

Neighbors get sick from pesticides

Three women and four kids fell ill after ingesting pesticides and were transported to a local hospital nearby yesterday in Kampong Chnang city. ...

Tin Sokhavuth
http://www.khmertimeskh.com/news/17994/neighbors-get-sick-from-pesticides/

North park condominiums unveiled

The curtain was pulled back Sunday on Royal Group’s latest development – North Park Condominium. The real estate project comprises three nine-story condominium buildings spread over 13 hectares in Sen Sok district. ...

Sum Manet
http://www.khmertimeskh.com/news/17985/north-park-condominiums-unveiled/

Minister calls for more reporting on climate change

In the lead-up to the global climate change conference in Paris later this month, Information Minister Khieu Kanharith yesterday urged the media to increase reporting on the effects of climate change in Cambodia so that citizens can be better prepared for it. ...

Pav Suy
http://www.khmertimeskh.com/news/17957/minister-calls-for-more-reporting-on-climate-change/

Education ministry wants bachelor’s degrees for all teachers

The Education Ministry will organize a training course and study programs that will give all of the country’s teachers access to bachelor’s degree programs by 2020, officials said yesterday. ...

Ven Rathavong
http://www.khmertimeskh.com/news/17961/education-ministry-wants-bachelor---s-degrees-for-all-teachers/

Watchdog eyes telecom, ISP licenses

The Telecom Regulator of Cambodia (TRC) has called on 34 telecom operators and Internet service providers (ISPs) to submit their business performance reports by the end of this month to ensure they are in compliance with their licensing agreements, officials said yesterday. ...

Sum Manet
http://www.khmertimeskh.com/news/17944/watchdog-eyes-telecom--isp-licenses/

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