News

Partnership with US university for better cassava

Agriculture Minister Veng Sakhon met on Monday with visiting US professors W. Ronnie Coffman and Max J. Pfeffer from Cornell University to discuss cooperation in a new project whose purpose is to yield disease-resilient, high yielding cassava. ...

Sok Chan
http://www.khmertimeskh.com/50101289/partnership-us-university-better-cassava/

China and Mekong states sign 5-year plan for cooperation, but details remain undisclosed

The leaders of Cambodia, Vietnam, Myanmar, Thailand and Laos, along with Chinese Premier Li Keqiang, announced the adoption of a five-year plan for cooperation on matters relating to the Mekong River, though experts and observers yesterday questioned who would benefit from China’s increasing involvement in ...

Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/china-and-mekong-states-sign-5-year-plan-cooperation-details-remain-undisclosed

Japanese companies to repair National Road 5

Two Japanese companies will repair a 135-kilometre stretch of National Road 5 from Phnom Penh to Pursat province in order to maintain the Asian Highway. The Ministry of Public Works and Transport and the construction companies held a signing ceremony for the road improvement project ...

Sen David
http://www.khmertimeskh.com/50101352/japanese-companies-repair-national-road-5/

Workers to hawk factory machines

More than 500 workers from the Benoh Apparel factory in Meanchey district’s Stung Meanchey commune yesterday agreed to sell the remaining machines in the factory to cover their lost pay after the owner went bankrupt and fled the country. ...

Sen David
http://www.khmertimeskh.com/50101011/workers-hawk-factory-machines/

Chinese, local firms sign agricultural deals worth $526M

More than a dozen Chinese companies inked deals to purchase about $526 million worth of agricultural products from Cambodian firms on Monday. The 34 agreements between 14 Chinese firms and 18 Cambodian firms were announced by the two country’s commerce ministries at a press conference ...

Post Staff
http://www.phnompenhpost.com/business/chinese-local-firms-sign-agricultural-deals-worth-526m

Cambodia finds new target for real estate: Chinese investors

Across this traditionally low-rise Cambodian capital, a building boom is becoming more noticeable as it pushes higher into the sky, and its largest projects are often geared towards Chinese investors, who have only recently taken interest in the nation’s real estate market.​ ...

Chris Horton
https://www.nytimes.com/2018/01/09/business/cambodia-real-estate.html

Inflation in 2017 low and ‘manageable’

Inflation in Cambodia last year reached 2.9 percent due to a moderate increase in the price of key commodities, particularly petroleum and agricultural goods, with the National Bank of Cambodia (NBC) saying the low inflation rate was a product of sound macroeconomic management. ...

May Kunmakara
http://www.khmertimeskh.com/50100904/inflation-2017-low-manageable/

On the lookout for US taxpayers in Cambodia

The General Department of Taxation called last week on banks, insurance companies and microfinance institutions (MFIs) to accurately report the taxpayer identification numbers (US-TIN) of clients with US citizenship. ...

Chea Vannak
http://www.khmertimeskh.com/50100906/lookout-us-taxpayers-cambodia/

Chinese companies playing active role in Lancang-Mekong Cooperation

Since the establishment of the Lancang-Mekong Cooperation (LMC) mechanism less than two years ago, many Chinese companies have been active players in the cooperation, greatly boosting regional development in the six riparian countries. Jiang Zengwei, chairman of the China Council for the Promotion of International ...

Fei Liena, Lu Juan, and Mao Pengfei
http://www.xinhuanet.com/english/2018-01/10/c_136885593.htm

Villagers asked to vacate national park

Koh Kong provincial authorities on Monday ordered 40 families living in Botum Sakor district to vacate their land and homes after it was determined they were illegally occupying a national park.​ On Friday, authorities went to inspect Botum Sakor National Park and found 40 families ...

Sen David
http://www.khmertimeskh.com/50101013/villagers-asked-vacate-national-park/

CMAC divers remove US bomb in Kandal

A team of divers from the Cambodian Mine Action Centre recovered a large bomb dropped from US planes during the war in the 1970s in Kandal province yesterday. ...

Ros Chanveasna
http://www.khmertimeskh.com/50101018/cmac-divers-remove-us-bomb-kandal/

Japan to donate 140 buses

Japan will donate more than 100 buses to the Cambodian government over the next two years, according to City Hall. City Hall spokesman Met Measpheakdey said the Japanese government was donating 140 buses, the first 80 of which would arrive in April. He said the ...

Mom Kunthea
http://www.khmertimeskh.com/50101012/japan-donate-140-buses/

ADB signs $180M in loans to Cambodia

The Asian Development Bank (ADB) yesterday signed a $180 million package of loans and grants to Cambodia that are meant to improve the country’s roads, water supply and small-scale farms. One $70 million loan will go towards improving 147-kilometres’ worth of flood-prone stretches of National Road ...

Hor Kimsay and Brendan O’Byrne
http://www.phnompenhpost.com/business/adb-signs-180m-loans-cambodia

New passport offices open across the nation

The interior and labour ministries have launched three new offices to speed up the process of providing passports and labourer cards to migrants hoping to work abroad. ...

Mom Kunthear
http://www.khmertimeskh.com/50100773/new-passport-offices-open-across-nation/

New media pass for journalists

The Information Ministry will use a new form of media pass for journalists working in Cambodia by the end of January in order to easily manage and collect data from journalists. ...

Mom Sophon
http://www.khmertimeskh.com/50100766/new-media-pass-journalists/

Lancang-Mekong Cooperation puts people first, brings benefits to locals

After joining the Lancang-Mekong Cooperation (LMC) family in 2016, Cambodia has been an active supporter and enthusiastic participant of the mechanism. On Dec. 21, China provided 7.3 million U.S. dollars from the LMC Special Fund to Cambodia for carrying out 16 projects in the kingdom, ...

Fei Liena and Lu Juan
http://www.xinhuanet.com/english/2018-01/09/c_136881749.htm

No protest after Thai border policy changed

A local Poipet union has called off a protest against what they characterised as overly expensive border passes used by day labourers entering Thailand after provincial officials introduced a new, cheaper permit. ...

Kuoch Masy
http://www.phnompenhpost.com/national/no-protest-after-thai-border-policy-changed

Delinquent loan rate continues to rise

The rate of microfinance loans with overdue payments nearly doubled last year according to the National Bank of Cambodia (NBC), though it remained within a normal range and was coupled with a rise in deposits. ...

Hor Kimsay
http://www.phnompenhpost.com/business/delinquent-loan-rate-continues-rise

Military clearing claims dismissed as outdated

A REDD Programme representative yesterday said it would be concerning if recent claims of the military systematically clearing protected forest in Oddar Meanchey province covered under the scheme proved true – though a third-party company has dismissed the claims as outdated. ...

Yesenia Amaro
http://www.phnompenhpost.com/national/military-clearing-claims-dismissed-outdated

China pledges $1 million for environment

The Chinese government has pledged to assist the Environment Ministry with improving water quality control, providing equipment and about $1 million in funding. The announcement came at a meeting yesterday between undersecretary of state Eang Sophalleth and Wang Dongsheng, the vice president of the Chinese Academy ...

Khy Sovuthy
http://www.khmertimeskh.com/50100775/china-pledges-1-million-environment/

Timber found in Kratie

Nearly one hundred pieces of timber were found separately in Kratie province’s Prek Prasap and Sambo districts over the weekend, but no arrests were made. About 40 pieces were discovered in Sambo’s Vathanak commune after forestry officials unsuccessfully chased a truck they believed was carrying timber. ...

Pav Suy
http://www.khmertimeskh.com/50100815/timber-found-kratie/

Ethnic Phnong claim their forest land was grabbed by officials

An ethnic Phnong community in Kratie province’s Snuol district has accused local officials and soldiers of grabbing over 1,000 hectares of community forest and threatening the lives of local villagers for years, with the rights group Adhoc yesterday saying they would take the case to ...

Phak Seangly
http://www.phnompenhpost.com/national/ethnic-phnong-claim-their-forest-land-was-grabbed-officials

Government plans to slim down Cabinet

Officials holding the position of secretary of state will no longer be members of the Cabinet after July’s general election, it was announced yesterday.Council of Ministers spokesman Phay Siphan said the government will soon amend the law to allow for a reduction in the number ...

Mom Kunthear
http://www.khmertimeskh.com/50101012/japan-donate-140-buses/

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