News
White Building locals get ministry send-off
The Land Management Ministry hosted a farewell party for residents of Phnom Penh’s iconic but crumbling White Building Saturday, serving up large quantities of noodles and bringing in Buddhist monks to bless the residents before they move. More than 95 percent of the building’s 493 ...
Not all paths to growth the same
Cambodia’s economy stands at a critical crossroads to reach the next phase of development with a recent report urging the Kingdom to ditch its antiquated growth model and adopt more innovative economic strategies that better respond to rapid changes in the global economy. The report, ...
Western policies may slow growth
Long-term growth prospects for developing economies, including Cambodia, will continue to be undermined by a lack of investment as well as the risk of increased protectionist policies by the United States, which could hamper the growth of commodity-driven economies, according to a new report released ...
Courts review starts
The Justice Ministry has launched a 100-day campaign to improve the court system. Ministry spokesman Chin Malin said while the system was widely regarded by outsiders as fair and without corruption, it was now time for a self-assessment to confirm its effectiveness. “It was always our plan ...
Interior Ministry mulling investigations into NGOs' "neutrality"
Human rights NGOs Licadho and Adhoc were among a group of organisations who were warned by the Ministry of Interior today that they are being scrutinised for allegedly violating their neutrality by supporting the opposition CNRP. News of the inquiry was first disclosed by government-aligned ...
Oz offender ban may be felt in Cambodia
The Australian government on May 30 announced plans to ban those listed on the country’s national sex offender registry from travelling abroad – a plan that would nullify the passports of 20,000 offenders, including those who may be living or travelling in Cambodia. Australian Foreign Minister ...
Mango exporter fights for market share
While Cambodian mango varieties such as Keo Romeat are well regarded in overseas markets, there are constraints which need to be addressed before large scale exports can be achieved, said the owner of the largest agro-industrial company in Cambodia on May 24. Mong Reththy, owner and ...
Yin Yi bags $124.5M construction contract
China’s Sino Great Wall signed a construction contract worth $124.5 million with Cambodia’s Yin Yi Venture for work on Amethyst One, an 8,100-square-metre mixed-use development located on capital’s Chroy Changvar Peninsula, Reuters news agency reported on Monday.Read more ...
North Asia Resources to turn cassava into fuel
Hong Kong-listed firm North Asia Resources Holding Ltd announced yesterday that it has purchased 14,000 hectares of an economic land concession in Pursat province from Henan Tianguan Enterprise Group for $53.2 million.Read more ...
Drop ICT tariffs to grow: study
Cambodia could add an additional $320 million to the economy over the next 10 years while increasing tax revenue by $24 million if it dropped its tariffs on information and communication technology (ICT), according to new research published yesterday.According to a study by the Washington-based ...
