News
Growth sparks franchise boom
More foreign franchise companies will appear in Cambodian as the rising urban population and surging middle class want to enjoy international brands, an expert in the industry says. ...
Sok Chan
http://www.khmertimeskh.com/news/38064/growth-sparks-franchise-boom/
Chinese buses to hit the roads
Phnom Penh is to get five new bus routes when China donates 100 buses within two months, according to City Hall. ...
Mom Kunthear
http://www.khmertimeskh.com/news/38033/chinese-buses-to-hit-the-roads/
Start-up for refinery construction
Construction of phase one of a landmark $3 billion oil refining plant kicks off today in Sihanoukville province, after many delays since the company announced plans in December 2012. ...
May Kunmakara
http://www.khmertimeskh.com/news/38015/start-up-for-refinery-construction/
Port unveils $200m expansion
Sihanoukville Autonomous Port (SAP) is to build a $200 million container terminal as part of an expansion project due to be completed by 2022. ...
Sok Chan
http://www.khmertimeskh.com/news/38014/port-unveils--200m-expansion/
More boreys emerge in Siem Reap
Siem Reap is renowned for its overwhelming number of hotels and guest houses. However, the city is also starting to witness a growing number of residential properties being built, specifically boreys. ...
Moeun Nhean
http://www.phnompenhpost.com/post-property/more-boreys-emerge-siem-reap
Problematic roundabout to get $1 million accompaniment
Overseas Cambodia Investment Corporation (OCIC) aims to begin construction work on a sidewalk at the Neang Kong Hing roundabout near the Olympic Stadium in the third quarter of 2017, in a move it says could cut traffic accidents. ...
Siv Meng
http://www.phnompenhpost.com/post-property/problematic-roundabout-get-1-million-accompaniment
Cambodian farmers cash in on high cashew prices
International commodity prices for cashew nuts are rapidly increasing due to lower supply from Cambodia and Vietnam which is driving up profits for the Kingdom’s farmers, according to industry stakeholders. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/cambodian-farmers-cash-high-cashew-prices
Life insurance market grows
Two new life insurance companies will launch operations in Cambodia by the end of this week, aiming to grab hold of a market that has seen rapid expansion in recent years while also creating stronger competition in the emerging industry. ...
Hor Kimsay
http://www.phnompenhpost.com/business/life-insurance-market-grows
WEF forum to bring new investment
With the World Economic Forum (WEF) on Asean less than a week away, government officials yesterday said that the theme of the three-day event would focus on “Youth, Technology and Growth”, while providing an opportunity to raise Cambodia’s international profile and attract more investors and ...
Hor Kimsay
http://www.phnompenhpost.com/business/wef-forum-bring-new-investment
Problematic roundabout to get $1 million accompaniment
Overseas Cambodia Investment Corporation (OCIC) aims to begin construction work on a sidewalk at the Neang Kong Hing roundabout near the Olympic Stadium in the third quarter of 2017, in a move it says could cut traffic accidents. ...
Siv Meng
http://www.phnompenhpost.com/post-property/problematic-roundabout-get-1-million-accompaniment
Cambodia says Laos lacks documents on transboundary impacts of proposed Pak Beng dam
So Sophort, deputy secretary-general of the Cambodia National Mekong Committee, said Cambodia would attend the meeting of the Mekong River Commission (MRC) in Vientiane, which is part of a six month prior consultation process for the 921-megawatt dam. ...
N. Korean ambassador says Cambodia could play productive role in mediating dispute: report
In an interview with local English-language newspaper The Khmer Times, Ambassador Jang Yun Gon said he was confident that Cambodia “really understands” the situation “and would express solidarity through Asean towards our just cause to help find a solution diplomatically to maintain stability and peace ...
NEC calls for neutrality on Facebook
An election official warned Facebook users not to make any politically charged posts the day before the election yesterday during a three-day training session on campaign monitoring, with observers accusing him of overstepping the bounds of a rule forbidding parties from campaigning on that day. ...
Andrew Nachemson and Touch Sokha
http://www.phnompenhpost.com/national/nec-calls-neutrality-facebook
Public road reopened after ditch filled in
Authorities yesterday dismantled fences and filled in a ditch in order to reopen a road, allegedly disconnected by two real estate companies several years ago, to public access in Phnom Penh’s Chbar Ampov district. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/public-road-reopened-after-ditch-filled
MFI loans used for illegal logging
A conservation NGO official yesterday said he planned to ask microfinance lenders to better scrutinise their loans after a spate of cases over the last month showed that such loans had been used by illegal loggers to purchase chainsaws and tractors for transporting timber. ...
Phak Seangly
http://www.phnompenhpost.com/national/mfi-loans-used-illegal-logging
Floating homes set sail after alleged fish die-off
According to the boats’ inhabitants, who raise fish underneath their floating homes in Russei Keo district’s Chraing Chamreh I commune, the move was prompted by a mass die-off of fish last weekend due to increasing water temperatures. ...
Sen David
http://www.phnompenhpost.com/national/floating-homes-set-sail-after-alleged-fish-die
Illicit trade costs millions
The US-based nonprofit Global Financial Integrity (GFI) measured illicit financial flows – the illegal movement of money or capital from one country to another – and found that as much as $45 billion in trade activity in Cambodia over the period was not accounted for. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/illicit-trade-costs-millions
Rice millers balk at export fees
Numerous members of the Cambodia Rice Federation (CRF), the body tasked with lobbying on the sectors behalf, have stopped paying membership dues and export fees, claiming that they cannot afford to as the industry continues to struggle with high production costs and regional export competition. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/rice-millers-balk-export-fees
Ministry intervenes to halt pork price crash
The Agriculture Ministry has confirmed action to combat a drastic drop in pork prices over the past year due to illegal imports of live pigs from neighboring countries. ...
Sok Chan
http://www.khmertimeskh.com/news/37888/ministry-intervenes-to-halt-pork-price-crash/
Don’t fear climate change, farmers told
Farmers are being encouraged to embrace new techniques in the face of the damaging effects of climate change. ...
Chea Vannak
http://www.khmertimeskh.com/news/37887/don---t-fear-climate-change--farmers-told/
Millers shun rice crisis loan fund
Rice millers have taken up less than a quarter of a $27 million emergency loan fund to stabilise prices of the grain, blaming late disbursement for the poor take up. ...
Sum Manet
http://www.khmertimeskh.com/news/37927/millers-shun-rice-crisis-loan-fund/
Two kingdoms, one destination
Cambodia and Thailand are pushing for the implementation of an agreement on tourism cooperation. ...
Sok Chan
http://www.khmertimeskh.com/news/37925/two-kingdoms--one-destination/
Deaths from lightning triple compared to ’16
Lighting deaths nearly tripled in Cambodia during the first quarter of 2017, compared to the same period in 2016, an official at the National Committee for Disaster Management said yesterday. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/deaths-lightning-triple-compared-16
Trader sought truck with illegal wood impounded
More than a tonne of rosewood and the plateless car carrying it were seized in Oddar Meanchey province yesterday after authorities received a report about a Vietnamese woman and her workers trying to set the vehicle on fire. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/trader-sought-truck-illegal-wood-impounded