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UK to maintain Cambodia’s duty-free access

The British government has attempted to assuage the fears of least developed countries (LDCs) including Cambodia by assuring them that they will retain their trade privileges to the United Kingdom following the country’s exit from the European Union ...

Kali Kotoski
http://www.phnompenhpost.com/business/uk-maintain-cambodias-duty-free-access

Capital’s new governor arrives swinging

Khoung Sreng was sworn in as the new governor of Phnom Penh yesterday, wasting little time before sending a warning that he will act against “ill-intentioned” people in the city, with Interior Minister Sar Kheng pledging at the event that recent commune election successes of ...

Mech Dara and Ananth Baliga
http://www.phnompenhpost.com/national/capitals-new-governor-arrives-swinging

GDT officials work on tax treaty with Hong Kong

Cambodian tax officials met with their counterparts in Hong Kong last week as part of the first round of discussions for drafting a double taxation agreement (DTA) aimed at preventing dual taxation and fiscal evasion, the General Department of Taxation (GDT) said yesterday in a ...

Hor Kimsay
http://www.phnompenhpost.com/business/gdt-officials-work-tax-treaty-hong-kong

News outlet links officer to illegal timber trade

National Military Police spokesman Eng Hy said legal action is being “considered” after a news outlet published a report linking the force’s commander, Sao Sokha, to the illegal timber trade. ...

Phak Seangly
http://www.phnompenhpost.com/national/news-outlet-links-officer-illegal-timber-trade

Tourism industry eyes Russia

The Tourism Ministry has outlined the potential of tourism services and investment opportunities to Russia, hoping to attract tourists and investments to Cambodia. ...

Chea Vannak
http://www.khmertimeskh.com/news/39752/tourism-industry-eyes-russia/

Woman jailed for ‘brazen’ timber grab

The Phnom Penh Municipal Court yesterday sentenced a Vietnamese  businesswoman, who stormed a forestry office to steal her seized timber, to two years imprisonment and a fine of $12,500. ...

Buth Reaksmey Kongkea
http://www.khmertimeskh.com/news/39757/woman-jailed-for----brazen----timber-grab/

Travel Mart to showcase tourism

Cambodia hopes to attract some 200 international companies to participate in the first Cambodia Travel Mart (CTM) event to be held in November this year. ​  ...

May Kunmakara
http://www.khmertimeskh.com/news/39749/travel-mart-to-showcase-tourism/

Building materials market to cater to growing needs

Chinese investors have injected nearly $5 million to build the first international-standard construction materials market – Difa International Decoration and Building Materials Market – with famous brand products from around the world.   ...

Sum Manet
http://www.khmertimeskh.com/news/39723/building-materials-market-to-cater-to-growing-needs/

ADB funds solar project

Cambodians will soon have access to more affordable power if the agreement signed on Monday between Electricite Du Cambodge (EDC) and the Asian Development Bank (ADB) to set up a 100 megawatt national solar park programme goes according to plan.   ...

May Kunmakara
http://www.khmertimeskh.com/news/39750/adb-funds-solar-project/

Khmer Rouge records centre opens to public

The Legal Documentation Centre attached to the Khmer Rouge tribunal opened to the public yesterday, thanks to financial aid from the Japanese government. Speaking at the inauguration ceremony in Phnom Penh, Deputy Prime Minister Bin Chhin said the centre will play an important part in preserving ...

Ros Chanveasna
http://www.khmertimeskh.com/news/39764/khmer-rouge-records-centre-opens-to-public/

More condos on market as demand drops slightly

Phnom Penh is set to welcome a significant wave of condominium supply in 2017, with about 7,000 units due to be delivered by the end of this year.​​ However, the demand for condos appears to be dropping slightly, according to the latest report from CBRE. ...

Sum Manet
http://www.khmertimeskh.com/news/39724/more-condos-on-market-as-demand-drops-slightly/

Still no train in sight

The train service between Cambodia and Thailand, which was expected to begin operations early this year, seems to be delayed indefinitely due to a contentious one-kilometer stretch of track in Poipet City. ...

Chea Vannak
http://www.khmertimeskh.com/news/39753/still-no-train-in-sight/

QR codes could prove to be a digital alternative to cash for Cambodia

Global payments giant Visa is the first international financial firm to announce the roll out of a payment solution in Cambodia for quick response codes, or QR codes, those pixelated black and white squares designed to be read by a smartphone camera that have begun ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/qr-codes-could-prove-be-digital-alternative-cash-cambodia

Government eyeing low-cost housing

An estimated 7.9 million people in Cambodia will be living in urban areas by 2030, up from 4.5 million in 2014, with officials at a forum on national housing yesterday announcing ambitious plans to meet the demand for some 55,000 affordable new homes each year. ...

Touch Sokha and Yesenia Amaro
http://www.phnompenhpost.com/national/government-eyeing-low-cost-housing

Corrupt officials admit selling government land for profit

The head of the Preah Vihear Provincial Department of Mines and Energy admitted to illegally selling a plot of government land for $62,400 in profit at the Phnom Penh Municipal Court yesterday, but called for a lighter sentence, claiming he used the money to help ...

Niem Chheng
http://www.phnompenhpost.com/national/corrupt-officials-admit-selling-government-land-profit

NGOs want housing needs addressed

Representatives from housing NGOs yesterday called on the government to do more to help disadvantaged communities access affordable housing. They were speaking at the National Housing Forum, hosted by Habitat for Humanity Cambodia (HHC) at the Intercontinental Hotel, which brought together  NGOs and Land Management Minister ...

Pech Sotheary
http://www.khmertimeskh.com/news/39760/ngos-want-housing-needs-addressed/

Bomb found in Kandal province

A team from the Cambodian Mine Action Centre yesterday recovered a large bomb dropped by the US during the Vietnam War in Kandal province. ...

Ros Chanveasna
http://www.khmertimeskh.com/news/39763/bomb-found-in-kandal-province/

New governors told to keep up fight against drugs

The Interior Minister yesterday urged two new provincial governors to continue the battle against drug trafficking, on the heels of its “successful” national anti-drugs campaign. ...

Khy Sovuthy
http://www.khmertimeskh.com/news/39765/new-governors-told-to-keep-up-fight-against-drugs/

Wife of jailed senator in line for his job

Senators will tomorrow discuss the appointment of opposition candidate Kun Lum Ang as a replacement for her imprisoned husband Hong Sok Hour. ...

Mom Sophon
http://www.khmertimeskh.com/news/39768/wife-of-jailed-senator-in-line-for-his-job/

Police block marchers seeking Kampuchea Krom holiday

Riot police were deployed near Phnom Penh’s Wat Chas on Monday to prevent about 30 people from marching to the National Assembly to submit a petition seeking a new national holiday marking the day the French officially handed former Kampuchea Krom provinces to Vietnam. ...

Aun Pheap
https://www.cambodiadaily.com/news/police-block-marchers-seeking-kampuchea-krom-holiday-131822/

Government OKs four firms for local mineral mining

The Ministry of Mines and Energy announced that it has granted licenses to four different mining companies to explore for potential mineral resources in Kratie, Kampong Thom, Mondulkiri and Kampot. ...

Post Staff
http://www.phnompenhpost.com/business/government-oks-four-firms-local-mineral-mining

Central shared switch due to launch in July

The central bank hopes to launch its central shared switch mechanism next month after a trial run that has already connected the account records of three of the Kingdom’s leading financial institutions, allowing them to operate ATM and point-of-sale (POS) terminals in tandem, according to ...

Hor Kimsay
http://www.phnompenhpost.com/business/central-shared-switch-due-launch-july

Cassava prices hit a new low

Cassava prices in Cambodia experienced a sharp drop this month leading to heavy losses for smallholder farmers unable to quickly switch to more profitable crops and recoup their mounting losses, a provincial agriculture official said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/cassava-prices-hit-new-low

Flexibility measures weighed for CSX

Cambodia’s capital market regulator will meet soon to discuss a proposal to permit market orders for trading stocks on the Kingdom’s bourse, a move that would give investors more flexibility when buying or selling shares, officials have said. ...

Brian Ng
http://www.phnompenhpost.com/business/flexibility-measures-weighed-csx

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