News

Construction sector investment falls by 22 percent

Investment capital in Cambodia’s construction industry is off to a dwindling start this year, falling 22.1 percent at the end of the first quarter compared with the same period last year. ...

Siv Meng
http://www.phnompenhpost.com/post-property/construction-sector-investment-falls-22-percent

Japanese firms sign power line agreement

T.T. Network Infrastructure Japan, a joint venture between global electronics manufacturer Toshiba and Tokyo Electric Power Co Holdings (TEPCO), will operate and maintain 130 kilometres of a 230-kilovolt power transmission line in Cambodia, according to Japanese media yesterday. ...

Matthieu de Gaudemar
http://www.phnompenhpost.com/business/japanese-firms-sign-power-line-agreement

Power to the provinces

People in Svay Rieng, Prey Veng and Kandal provinces are to benefit from stable electricity supplies after a $75 million project to expand the national grid went online yesterday.​ ...

Sok Chan
http://www.khmertimeskh.com/news/37612/power-to-the-provinces/

Kingdom’s debt grows to nearly $6 billion

Cambodia’s national debt stood at $5.8 billion at the end of 2016, totalling nearly a third of GDP, according to the latest debt bulletin released by the Ministry and Economy and Finance earlier this month. ...

Kali Kotoski
http://www.phnompenhpost.com/business/kingdoms-debt-grows-nearly-6-billion

Over 700 illegal fishermen netted

A four-month government campaign has exposed 730 cases of illegal fishing on Tonle Sap lake. Noa Thuok, secretary of state at the Ministry of Agriculture, said 30 people have been sent to court so far as a result of the inter-ministerial crackdown, which began in December. ...

Khuon Narim
http://www.khmertimeskh.com/news/37606/over-700-illegal-fishermen-netted/

More timber seized from Ratanakkiri

Ratanakkiri provincial authorities yesterday seized a large cache of luxury wood and arrested four people about to sell the timber to Vietnam. ...

Pech Sotheary
http://www.khmertimeskh.com/news/37605/more-timber-seized-from-ratanakkiri/

Border road damaged in riverbank collapse

A vital road linking Kandal province to the Vietnamese border has been seriously damaged after the banks of the Mekong river collapsed in Lerk Dek district. ...

Ven Rathavong
http://www.khmertimeskh.com/news/37607/border-road-damaged-in-riverbank-collapse/

Ministry chided over factories

Deputy Prime Minister Men Sam An has ordered the Industry Ministry to be stricter in its implementation and monitoring of industry and technical standards to ensure the safety of workers involved.   ...

Mom Kunthear
http://www.khmertimeskh.com/news/37610/ministry-chided-over-factories/

Rainy season comes with warning

The rainy season will start in the first week of May, with heavy rain, storms and thunder, the Water Resources and Meteorology Ministry predicts. Some areas on the plains face high risks from heavy rain in the middle of the season. ...

Pech Sotheary
http://www.khmertimeskh.com/news/37611/rainy-season-comes-with-warning/

Kratie University construction complete

The recently constructed Kratie University, which was mostly funded by the Chinese government, was handed over to the Education Ministry yesterday. ...

Ven Rathavong
http://www.khmertimeskh.com/news/37563/kratie-university-construction-complete/

White Building families agree to price drop

About 85 percent of 493 families being asked to sell their White Building homes have dropped their asking price to $1,800 per square meter, but insist they will not negotiate any lower. ...

Pech Sotheary
http://www.khmertimeskh.com/news/37566/white-building-families-agree-to-price-drop/

NEC to host daily party panel discussions on television, radio

The National Election Committee will broadcast daily interview panels featuring all political parties that are running in upcoming local elections on state-run television and radio stations during the 14-day election campaign period, spokesman Hang Puthea said on Tuesday. ...

Van Roeun
https://www.cambodiadaily.com/news/nec-to-host-daily-party-panel-discussions-on-television-radio-128155/

NGO to file report over clearing of forestland

The Natural Resource and Wildlife Preservation Organization, a conservation organisation in Kampong Speu, pledged yesterday to file a letter of complaint to authorities after learning that 6 hectares of protected forestland were cleared illegally. ...

Phak Seangly
http://www.phnompenhpost.com/national/ngo-file-report-over-clearing-forestland

Thais deport 60 illegal workers

Nearly 60 Cambodian workers were sent home from Thailand yesterday after crossing the border illegally to return to work following Khmer New Year. ...

May Titthara
http://www.khmertimeskh.com/news/37568/thais-deport-60-illegal-workers/

Holidays see record tourists

Cambodia’s top tourist destinations recorded a record number of visitors this Khmer New Year, with 2.5 million locals and foreigners traveling to celebrate the festival around the country.​ ...

Chea Vannak
http://www.khmertimeskh.com/news/37547/holidays-see-record-tourists/

World Bank loan of $100 million angers Boeng Kak activists

Boeng Kak supporters on Tuesday said they were dismayed at the World Bank’s announcement of a new $100 million loan to the Cambodian government amid ongoing harassment and jailings of land rights activists. ...

Brendan O’byrne and Sek Odom
https://www.cambodiadaily.com/news/world-bank-loan-of-100-million-angers-boeng-kak-activists-128160/

Kith Meng company secures timber release

Customs officers have released a pair of trucks that local officials said were seized late last month while being used to smuggle timber belonging to business mogul Kith Meng into Vietnam in breach of a government ban, according to police. ...

Aun Pheap
https://www.cambodiadaily.com/news/kith-meng-company-secures-timber-release-128163/

More than 50 dead in holiday traffic accidents

More than 50 people died and 200 were injured in 121 traffic accidents during the five days of Khmer New Year. According to an Interior Ministry report, 55 people were killed and 226 were injured, 126 of which were seriously hurt.   ...

Mom Kunthear
http://www.khmertimeskh.com/news/37567/more-than-50-dead-in-holiday-traffic-accidents/

Khmer New Year festival brings in more income

Angkor Sangkranta, Siem Reap’s largest cultural festival held over Khmer New Year, raked in a total income of $95 million on the back of 1.6 million domestic and international visitors, a 23 percent year-on-year increase, state news agency AKP said yesterday. ...

Post Staff
http://www.phnompenhpost.com/business/khmer-new-year-festival-brings-more-income

Rice exports show slow growth

Cambodian rice exports declined dramatically in March, causing the average export growth of the Kingdom’s dominant cash crop to increase by only 3 percent during the first quarter of this year, nearly wiping out the double-digit growth seen in January and February. ...

Hor Kimsay
http://www.phnompenhpost.com/business/rice-exports-show-slow-growth

Smart-AIA partnership

Smart Axiata Co., Ltd. and AIA (Cambodia) Life Insurance Plc. have jointly announced a long-term partnership in bringing differentiated life insurance products and services to people in Cambodia to meet their growing financial protection and long-term saving needs.   ...

Chea Vannak
http://www.khmertimeskh.com/news/37545/smart-aia-partnership/

NEC shrugs off database hack

Officials and foreign donors yesterday sought to play down concerns over the security of the National Election Committee’s voter list, after anonymous leaker “Thleay” released a video appearing to show manipulation of the database and the NEC confirmed it had been hacked.​ ...

Ananth Baliga, Mech Dara and Touch Sokha
http://www.phnompenhpost.com/national/nec-shrugs-database-hack

World Bank predicts GDP growth easing

The World Bank has predicted that Cambodia’s GDP will grow at a more modest 6.9 percent this year and next, and slow slightly to 6.7 percent in 2019.   ...

Sok Chan
http://www.khmertimeskh.com/news/37549/world-bank-predicts-gdp-growth-easing/

Opposition fears voter card chance for lobbying

The opposition CNRP has cried foul over the delivery of election cards to voters, arguing that many government-aligned officials will be able to lobby for the CPP while handing out the cards.   ...

Khuon Narim
http://www.khmertimeskh.com/news/37565/opposition-fears-voter-card-chance-for-lobbying/

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