Khmer Times

A new VIP lounge was officially opened yesterday by Plaza Premium Group in the departure area of Phnom Penh International Airport, with the Hong Kong-based company saying it invested nearly $2 million in the lounge. ...

The National Bank of Cambodia (NBC) is requiring financial institutions to gradually phase in a higher liquidity coverage ratio (LCR) to ensure sustainable growth in the industry and avoid crises.  ...

According to psycologists working in Cambodia, their lack of peers withing the country is a problem that needs to be addressed. The experts believe that to further develop the country, psychology services should be integrated into many of the key sectors including health, social work, ...

The draft Coastal Master Plan is likely to get approval from the Ministry of Tourism and other ministries in the middle of this year, while Otres Beach has been selected by the ministry as the template ensuring bays and beaches are environmentally friendly in order ...

The number of drug cases and people arrested for drug crimes in Cambodia in 2015 more than doubled year-on-year, while the volume of drugs seized shot up 18- fold, local media reported on Friday. ...

Cambodia’s economy is expected to grow at 6.9 percent this year, the same rate it expanded last year, due to slowing growth in leading economies in region, especially China, Asia’s largest and the world’s second-largest economy, according to the World Bank. ...

A $300 million sugarcane processing factory will begin producing sugar in Preah Vihear province next month and it is being described as the world’s largest such factory, according to reports in local media. ...

China State Construction Engineering’s plan to spend $240 million to construct a four-building project called Sino Plaza as part of its strategy to move into rapidly growing Southeast Asia, realtors said. ...

The government is planning to gradually reduce tariffs on most goods imported from other ASEAN member states to zero, putting Cambodia ahead of what is required of it under the ASEAN Trade in Goods Agreement (ATIGA), officials said.   ...

The new duty-free shop opened by China Duty Free Group (CDFG) in Sihanoukville will have a major impact on development of the tourism industry in the coastal resort, a senior provincial official said yesterday. ...

The volume of fish caught to make prahok (fermented fish paste) in the first season on the Tonle Sap Lake and River rose because weather conditions were ideal, but the amount expected for the second season, which begins in February, is likely to be lower ...

The General Department of Taxation notified patent owners that they have three months to pay taxes owed on their patents, but they can do so at banks this year for the first time,  its director general said yesterday. ...

The introduction of the new traffic law has hit a few potholes, with some citizens complaining that it is too tough on poor families, while analysts say people in rural areas have been left in the dark about the new law’s requirements.  ...

A joint commission of 10 lawmakers from the ruling and opposition parties yesterday met for the first time to review the draft law on trade unions, and two of 21 articles that were flagged as controversial by unions have changed slightly. ...

Phnom Penh Municipal Court has ordered 50 former and current drivers of Capitol Tours Bus Company to cease their protest in front of its office, but the drivers – most of whom were fired last year – said yesterday they will not only ignore the ...

After three years of processing, two Phnong villages in northern Kratie province finally received community land titles on Saturday, the first to do so in Kratie province. Currently, there are two more villages with community land titles in Ratanakiri, and seven in Mondulkiri, making eleven ...

True to its New Years resolution to enforce stricter traffic laws, the government pulled over a total of almost 25,000 drivers in the three days after the law came into effect. Though many drivers were sent off with a warning rather than a fine, the ...

Workers at a Korean-owned factory in Kampong Speu who lost their wages when their employer fled the country will have to wait until after the New Year’s festivities end to seek reparations from the building owner, with the provincial court delaying the meeting until January ...

Government officials said the country’s Labor Court will be established in early 2017 while relevant officials study the technicalities of the court and get information as well as expertise from similar courts in other countries. Of all potential stakeholders, unions say they are the most ...

Cambodia has reported 15,015 dengue fever cases in the first 50 weeks of this year, a more than 300 percent rise from the 3,611 cases over the same period last year, according to figures released yesterday.  ...

Nearly 70,000 Cambodian migrant workers have been registered this year as legal workers in Thailand, according to a report from the Ministry of Foreign Affairs released yesterday.  ...

Aviation officials say a “bird strike” forced an AirAsia jet that took off from Phnom Penh International Airport yesterday morning at 8:35 am to return for an emergency landing. ...

Cambodia’s electricity generation reached 2.714 billion kilowatt hours last year, of which 1.851 million KWh was generated by hydro dams and 863.02 million KWh by coal-powered plants. Household access to electricity rose 18.8 percent, compared to 2013, according a report from Cambodia’s Electricity Authority.    ...

Two government-run emergency food assistance projects will be extended after evaluations found that they had significant impacts on reducing poverty in 200 communes in eight provinces, although the projects – which received financial support from developmental partners – have been completed, an official said yesterday. ...