News

PM pushes for strict urban planning, traffic control

Prime Minister Thongloun Sisoulith has called for the Ministry of Public Works and Transport to enhance urban management and consider suitable transport options to ease traffic and reduce road accidents. Mr Thongloun put these issues to officials in his address at the ministry’s annual meeting ...

Hong Kong firms offer expertise

Companies from Hong Kong with expertise in infrastructure development, real estate-related services and professional services are keen to form partnerships with local investors, said a trade delegation visiting Cambodia. Eric Ma Siu-cheung, secretary for development for the Hong Kong Special Administrative Region, said Cambodia was a ...

Outbound travel up by 20% in 2016

Cambodians spent about $600 million abroad last year, state media reported on February 27, while official figures showed a 20 percent annual increase in outbound tourism. Tourism Minister Thong Khon estimated that Cambodians travelling abroad spent $600 million in 2016, state news agency AKP said, ...

Toshiba to build power plant

The Cambodian government has awarded Japanese-owned Toshiba Plant Systems & Services Corporation the concession to construct a coal-fired power generation project in Preah Sihanouk province. Prime Minister Hun Sen, who signed the agreement on February 17, said the new power plant would address the energy deficiency ...

Tax exemption on interest income questioned

The Ministry of Planning and Finance has issued a statement on February 19 that income tax will not be levied on interest from bank savings and deposits. The statement means that tax on interest from bank deposits will be exempted in the coming 2017-18 fiscal ...

SMEs in crisis due to failure to get bank loans

Small and middle-sized enterprises are facing a crisis due to difficulties in sourcing financing from banks, said the founder of City Mart Group of Companies, Daw Win Win Tint, “Not getting a bank loan means a catastrophe for the SMEs,” she said after SMEs Authoritative ...

Law needed to regulate Thai investors’ abuses abroad: Thai, Myanmar groups

Community groups in Thailand and Myanmar have urged protection of human rights and prevention of environmental impacts – after Thai entrepreneurs were reported to have carried out abusive and environmentally damaging acts in neighbouring countries.​ Some 27 Thai non-government groups and the Dawei Development Association, a ...

Phuan festival bolsters Lao-Thai friendship

The annual Phuan ethnic community festival in Thailand has significantly contributed to maintaining and strengthening the friendship between Laos and Thailand along with conserving the traditions of the ethnic group. Lao Ambassador to Thailand Mr Li Bounkham made the remarks as he joined Nan province ...

City eyes autonomy route to improve hospitals

By 2020 HCM City’s public hospitals will no longer be overloaded and people will have access to high-quality healthcare, city officials promise. The entire healthcare sector will become a high-quality service industry by then, contributing significantly to the city’s socio-economic growth, Nguyễn Tấn Bỉnh, director ...

Đà Nẵng to up use of organic fertiliser

The central city of Đà Nẵng plans to increase the use of liquid fertiliser made from organic waste in its farms and public gardens, a local official said.​ Speaking at a review of a three-year (2015-2017) project on recycling organic waste last week, Nguyễn Phú ...

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