News

Arbitration body gets its second commercial case

The National Commercial Arbitration Centre (NCAC) has received its second case since becoming fully operational in early 2014 – and has a lot riding on resolving the commercial dispute, its president said yesterday. ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/arbitration-body-gets-its-second-commercial-case

Making villages see the light

More than 60 percent of rural homes in the Kingdom will have electricity by the end of this month and all villages in the country will no longer be engulfed in pitch darkness at night when they are connected to the national grid by 2020. ...

Sok Chan
http://www.khmertimeskh.com/news/26423/making-villages-see-the-light/

Fee proposed on plastic bags

The government has proposed slugging shoppers 500 riel for plastic bags in a bid to reduce environmental pollution. A draft prakas on plastic bags that would include the fee was reviewed yesterday in a Department of Environment workshop attended by government representatives along with mall and ...

Kong Meta
http://www.phnompenhpost.com/national/fee-proposed-plastic-bags

Special economic zone taps into solar power

Phnom Penh SEZ launched its Clean Energy Initiative yesterday, inaugurating two new solar power systems to supply electricity for water pumps on the 357-hectare industrial park. ...

Post Staff
http://www.phnompenhpost.com/business/special-economic-zone-taps-solar-power

Constitutional Council sees in new members

Three newcomers officially took up their positions at the Constitutional Council yesterday, the body announced. Im Chhun Lim, former minister of land management, officially began his tenure as head of the council after being appointed by the Supreme Council of Magistracy and voted chief by ...

Lay Samean
http://www.phnompenhpost.com/national/constitutional-council-sees-new-members

National deadline for orphanage registration extended—again

The deadline for the country’s orphanages to register with the Ministry of Social Affairs has been extended once again as the government continues its months-long efforts to begin regulating the residential child care system. ...

Taylor O'connell and Khy Sovuthy

Phnom Penh Port profits up

The first quarter earnings of the publicly listed Phnom Penh Autonomous Port (PPAP) were up by more than 10 percent in comparison to the same period last year thanks to the Kingdom’s steady economic growth and the company’s efforts in streamlining its expansion. ...

May Kunmakara
http://www.khmertimeskh.com/news/26369/phnom-penh-port-profits-up/

Koh Rong development plan tied up in red tape

The Royal Group’s $30-million luxury resort on Koh Rong island will not be completed on schedule as the company has faced numerous port development issues and, according to company management, a snarl of red tape. ...

Cheng Sokhorng and Kali Kotoski
http://www.phnompenhpost.com/business/koh-rong-development-plan-tied-red-tape

New international airport on table as PPIA expansion plans halted

A senior government minister yesterday announced a halt to plans to expand the Phnom Penh International Airport, and instead revived talk of a new airport altogether, mentioning plans to identify a location 30 to 40 kilometres outside the city in hopes of completing the new ...

Pech Sotheary
http://www.phnompenhpost.com/national/new-international-airport-table-ppia-expansion-plans-halted

Pledges to cut transport fees ignored, say logistics firms

Nearly two months since the government pressed ports and trucking companies to reduce cargo transport fees, local logistics firms say the initiative has been largely ignored. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/pledges-cut-transport-fees-ignored-say-logistics-firms

Premier calls for support for veterans

Prime Minister Hun Sen yesterday announced he would be personally helping the families of 100 dead veterans every year and called on others to offer financial help, according to reports. ...

Mom Kunthear
http://www.khmertimeskh.com/news/26381/premier-calls-for-support-for-veterans/

Community reps claim ministry rejected sugar ELC petition

Representatives from communities in four provinces evicted to make way for sugar plantations alleged during a press conference yesterday they were barred from delivering petitions to the Ministry of Land Management. ...

Bun Sengkong and Jack Davies
http://www.phnompenhpost.com/national/community-reps-claim-ministry-rejected-sugar-elc-petition

Gold mine license suspended again

A Vietnamese-owned gold mine in Battambang province’s Phnom Prek district failed to acquire an operating license from the Ministry of Mines and Energy yesterday after failing to meet their guidelines, according to officials. ...

Chea Vannak
http://www.khmertimeskh.com/news/26377/gold-mine-license-suspended-again/

Phnom Penh-to-Poipet rail line’s target uncertain

Plans to complete the railway line connecting Phnom Penh to Poipet City—thereby linking Cambodia’s main port in Sihanoukville to Thailand—may not be completed within current time and budget constraints, a Transport Ministry official said on Tuesday. ...

Khy Sovuthy
https://www.cambodiadaily.com/news/phnom-penh-poipet-rail-lines-target-uncertain-114473/

Vietnamese move might hinder logging in Kingdom

Vietnamese Prime Minister Nguyen Xuan Phuc on Monday called for the closure of 2.25 million hectares of natural forest in the country’s Central Highlands as well as the shuttering of wood processing facilities across the country, regional news outlets reported. ...

Donna M Airoldi
http://www.phnompenhpost.com/national/vietnamese-move-might-hinder-logging-kingdom

Cambodia-Thailand checkpoints to be upgraded

Cambodia and Thailand have agreed to upgrade four border checkpoints and open new checkpoints to boost bilateral trade and tourism along the border, with the aim of increasing trade volume between the two neighbors to $15 billion over the next five years. ...

Chea Vannak
http://www.khmertimeskh.com/news/26368/cambodia-thailand-checkpoints-to-be-upgraded/

Wing makes vehicle payments easy

The Ministry of Public Works and Transport yesterday signed a memorandum of understanding  with Wing Limited Specialized Bank to make it easier for the public to pay vehicle registration, inspection and driving license fees. ...

Sum Manet
http://www.khmertimeskh.com/news/26322/wing-makes-vehicle-payments-easy/

PM refuses joint Asean stance

Prime Minister Hun Sen said yesterday that Cambodia will not join other Asean nations in supporting an upcoming verdict from the Permanent Court of Arbitration at The Hague in a suit filed by the Philippines about continuing issues with China over the South China Sea. ...

Cheang Sokha
http://www.khmertimeskh.com/news/26341/pm-refuses-joint-asean-stance/

Thai bilateral trade falls

Bilateral trade between Cambodia and Thailand fell by about 15 percent in the first four months of the year, compared to the same period last year, due to the Kingdom’s decreasing imports of oil, food and beverages from its neighbor. ...

Sok Chan
http://www.khmertimeskh.com/news/26325/thai-bilateral-trade-falls/

Tycoon looks to expand and deepen private Sihanoukville seaport

Agro-industrial tycoon Mong Reththy plans to expand his private port to handle bigger ships and containerised cargoes, increasing potential competition with the country’s principal port in Sihanoukville.   ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/tycoon-looks-expand-and-deepen-private-sihanoukville-seaport

Armyworms wreak havoc on crops

More than 20 thousand hectares of farmland spread over 10 provinces have been affected by armyworms since last week, according to the Ministry of Agriculture, Forestry and Fisheries. ...

Chea Vannak
http://www.khmertimeskh.com/news/26340/armyworms--wreak-havoc-on-crops/

Renewables receive $30M funding boost

The Ministry of Mines and Energy has received $30 million in funding from the Scaling Up Renewable Energy in Low-Income Countries Program (SREP) – an arm of the global Climate Investment Funds initiative – for a solar energy development program that includes home systems, mini-grids ...

Kali Kotoski
http://www.phnompenhpost.com/business/renewables-receive-30m-funding-boost

Learn DTAs, says Kith Meng

A sound understanding of double taxation avoidance agreements (DTAs) between Cambodia and other countries is crucial to lower barriers to promote cross-border investments and boost trade and economic flows between the Kingdom and its partner countries, said the president of the Cambodia Chamber of Commerce ...

May Kunmakara
http://www.khmertimeskh.com/news/26323/learn-dtas--says-kith-meng/

White building to be renovated

While residents of the iconic White Building in Phnom Penh’s Chamkar Mon district welcome a Ministry of Urban Planning and Construction project to develop the pre-Khmer Rouge-era structure, it remains to be seen whether the development will move forward without issues. ...

Mom Kunthear
http://www.khmertimeskh.com/news/26292/white-building-to-be-renovated/

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