News
Rice mills need to show solidarity, minister says
At the Cambodian Rice Forum 2012, Agriculture Minister Chan Sarun said that if the Kingdom wants to reach the government’s goal of exporting 1 million tons of rice annually by 2015, rice mills need to join forces and work closely together. Such an association [of rice ...
Train supply agreement signed
Toll Royal Railway signed an agreement yesterday afternoon with companies that will supply locomotives and parts for Cambodia’s railway network. As a result of the agreement, international tenders will be called in the coming months for the procurement of up to four new 2,000-horsepower locomotives and ...
http://www.phnompenhpost.com/index.php/2012092058822/Business/train-supply-agreement-signed.html
Construction Projects Surge This Year
Total investment in new construction projects reached $1.53 billion through the first eight months of the year, a 73.96 percent improvement compared to the same period last year, according to data released yesterday by the Ministry of Land Management, Urban Planning and Construction. Though the number of permits ...
Water sector in need of investment
Despite the establishment of the Cambodian Clean Water Supplier Association last week, the clean water sector still lacks sufficient investment to connect rural Cambodia. There is very little clean water in Cambodia and accelerating its supply requires the government, private sector and other development partners ...
IMF Calls on Cambodia to Broaden Tax Base
.Cambodian government must rise its tax revenue intake if it to stay on a sustainable path toward development, International Monetary Fund officials have said. Although Cambodia is experiencing increased growth in trade and investment, the country should broaden its tax base to create sustainable revenue collection, a ...