Khmer Times

Cambodia asks China to import more products

Prime Minister Hun Sen has asked China to import more agricultural products from Cambodia to boost bilateral trade and strengthen the relationship between the two countries. The prime minister wants to boost bilateral trade to $5 billion by 2017. ...

Chea Vannak
http://www.khmertimeskh.com/news/23185/cambodia-asks-china-to-import-more-products/

Cambodia hopes to turn Russian debt into investment

Prime Minister Hun Sen discussed the outstanding debt Cambodia owed to Russia on Wednesday, with the prime minister urging the debt be turned into investment and development in the country. ...

Ven Rathavong
http://www.khmertimeskh.com/news/23197/cambodia-hopes-to-turn-russian-debt-into-investment/

Imports of construction materials rise but costs stable

Imports of construction materials grew dramatically last year compared with the year before due to strong demand, while the prices of imported goods declined. ...

Sum Manet
http://www.khmertimeskh.com/news/23189/imports-of-construction-materials-rise-but-costs-stable/

Reshuffle a positive move says business community

The business community in Cambodia has welcomed the recent Cabinet reshuffle, which many say will improve the way the government works and will also improve the economy. ...

May Kunmakara
http://www.khmertimeskh.com/news/23187/reshuffle-a-positive-move-says-business-community/

Up to 40% of Ta Khmao development sold

Up to 40 percent of the $100 million River Premium Development Company, a joint venture between local partners and Malaysian investors, has been completed and sold, said Houn Heng Eriya, the sales manager of the project in the city center of Ta Khmao. ...

Sum Manet
http://www.khmertimeskh.com/news/23188/up-to-40--of-ta-khmao-development-sold/

Third round of talks fail between JC Penny supplier, workers

The third round of negotiations between Win Shingtex (Cambodia) company and workers’ representatives under Ministry of Labor official supervision failed again yesterday, with workers planning to file a complaint to the Arbitration Council for help. ...

Mom Kunthear
http://www.khmertimeskh.com/news/23200/third-round-of-talks-fail-between-jc-penny-supplier--workers/

Number of orphanages in Cambodia rises to 267 last year, up 92 pct: survey

A new survey released by Cambodia’s Social Affairs Ministry on Thursday showed that the number of residential care institutions in the country’s five key provinces increased to 267 last year, up 92 percent from only 139 in the year before. ...

Shanghai Team
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=324810

Provincial authority denies homes to displaced residents

More than 100 residents from Svay Chrum village in Preah Vihear’s Choam Ksan district continued their second day of protests yesterday, attempting to claim back their land before being stopped again by provincial authorities despite a letter from the Ministry of Interior ordering authorities to ...

Pav Suy
http://www.khmertimeskh.com/news/23136/provincial-authority-denies-homes-to-displaced-residents/

Siem Reap still one of world’s best destinations

Siem Reap, the home of UNESCO-listed ancient temples, was placed fifth among the world’s top 25 travel destinations in 2015, dropping from second place in the previous year’s ranking by TripAdvisor, a popular online site for travelers and one trusted by tourists choosing destinations to ...

Chea Vannak
http://www.khmertimeskh.com/news/23123/siem-reap-still-one-of-world---s-best-destinations/

US lawmakers create ‘Cambodia caucus’ in congress

The creation of a bipartisan Congressional Caucus on Cambodia was announced by two United States lawmakers earlier this week, with both men hoping the US takes more of a role in the country’s growth economically and socially. ...

Ros Chanveasna and Jonathan Greig
http://www.khmertimeskh.com/news/23135/us-lawmakers-create----cambodia-caucus----in-congress/

Taxes on local alcohol and cigarettes increased

The government will increase the special tax on alcohol and cigarettes produced locally, with the implementation of the new tax to be effective from April 1, a move that has concerned producers. ...

Chea Vannak and Sum Manet
http://www.khmertimeskh.com/news/23126/taxes-on-local-alcohol-and-cigarettes-increased/

New prison for Pursat as inmate population grows

Interior Minister Sar Kheng announced yesterday that his ministry plans to construct a prison capable of holding 7,000 inmates on an 800 hectare plot of land in Pursat province. ...

Ven Rathavong
http://www.khmertimeskh.com/news/23144/new-prison-for-pursat-as-inmate-population-grows/

Sathapana to become a commercial bank

Sathapana Microfinance Plc, one of the largest in Cambodia, will officially transform itself into a commercial bank late next month, a move in line with Japanese-owned Maruhan Bank acquiring a 95.1 percent stake in 2012. ...

May Kunmakara
http://www.khmertimeskh.com/news/23125/sathapana-to-become-a-commercial-bank/

No case of yellow fever detected in Cambodia

Cambodia is closely watching the situation of yellow fever virus, though the country has not seen any case of the virus, said a joint statement from the Health Ministry and the World Health Organization on Wednesday. ...

Shanghai Team
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=324726

Amret moves up the ratings ladder

Amret Microfinance Institution, one of the largest in Cambodia’s crowded market, yesterday announced it had received an A- rating from independent rating agency Microfinanza, which is based in Italy, for improving its operation and for its strong performance over the past year. ...

May Kunmakara
http://www.khmertimeskh.com/news/23063//

Beyond bed nets: study tests new way to repel mosquitoes

A new study suggests that “emanators” that slowly release chemical vapors over time could be an effective way to keep mosquitoes at bay, even when people cannot shelter under mosquito nets. ...

Jonathan Cox
http://www.khmertimeskh.com/news/23078/beyond-bed-nets--study-tests-new-way-to-repel-mosquitoes/

Gold, Riel not affected by dollar fluctuations

With global oil prices down and a devalued United States dollar, the price of gold has remained stable and has risen slightly while trade at gold shops has been steady, a gold shop owner said yesterday. ...

Chea Vannak
http://www.khmertimeskh.com/news/23066/gold--riel-not-affected-by-dollar-fluctuations/

Country’s biggest duty-free shop opens

Cambodia’s largest duty-free outlet opened yesterday in Siem Reap, aiming to service the growing market in the Kingdom’s tourism capital. ...

Sok Chan
http://www.khmertimeskh.com/news/23064/country---s-biggest-duty-free-shop-opens/

Head of police slams interior ministry in customs fiasco

The National Police have sent a proposal letter to Interior Minister Sar Kheng, asking him to stop customs officials from fining or confiscating vehicles with police license plates after five police vehicles were stopped and forced to pay an import tax last year, causing an ...

May Titthara
http://www.khmertimeskh.com/news/23069/head-of-police-slams-interior-ministry-in-customs-fiasco/

Vehicle sales increasing, both new and old

The market for new cars in steadily increasing in the Kingdom, with more dealers and representatives setting up outlets, while the sale of used vehicles is also on the rise. ...

Sok Chan
http://www.khmertimeskh.com/news/23065/vehicle-sales-increasing--both-new-and-old/

Interior ministry: fuel usage jumps to 7 million liters in 2015

A Ministry of Interior report showed that the ministry used about 7.7 million liters of fuel in 2015, representing an increase of more than one million liters if compared to 2014. ...

Ven Rathavong
http://www.khmertimeskh.com/news/23080/interior-ministry--fuel-usage-jumps-to-7-million-liters-in-2015/

Almost all provinces facing drought, gov’t says

Almost every province in Cambodia is facing some level of drought, according to director of the Meteorology Department at the Ministry of Water Resources and Meteorology Oum Ryna, but only a few provinces were facing a severe shortage of water. ...

Mom Kunthear
http://www.khmertimeskh.com/news/23082/almost-all-provinces-facing-drought--gov---t-says/

New factory to hog the pig leather market

Cambodia’s first factory to process leather from pig skin will open this year and will supply products to the European market, but local pig skin will not be used. ...

Sum Manet
http://www.khmertimeskh.com/news/23062/new-factory-to-hog-the-pig-leather-market/

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