News
US, Japan firms sign milestone energy deals
Agreements were signed on April 26 for the supply of key components for Cambodia Energy II’s coal-fired power plant in Stung Hav, Sihanoukville province. General Electric will supply the boiler, electrostatic precipitator and steam turbine generator for the CEL2 plant. The US multinational will also provide ...
Press freedom declines: RSF report
Cambodia’s press freedom ranking has fallen four spots compared to last year, to 132 out of 180 countries, according to Reporters Without Borders’ latest World Press Freedom Index. The 2017 index, published on April 26, cited the high-profile killing of political commentator Kem Ley as ...
Rubber prices soar by 132pct
Cambodian rubber exports increased 32 percent during the first three months of the year compared with the same period last year, while prices grew 132 percent during the first quarter, an agriculture official said on April 26. The Kingdom exported 32,000 tonnes of rubber in ...
Four killed, three hurt as a result of storms
Four were killed by lightning strikes and three were seriously injured when the roof of their house collapsed as storms battered five provinces – Svay Rieng, Kampong Chhnang, Kandal, Battambang and Oddar Meanchey – on Tuesday. According to Keo Vy, spokesman for the National Committee ...
No immediate plan to change returnee policy
Despite the Foreign Ministry reiterating its request to suspend and renegotiate its repatriation agreement with the US – which allows for the deportation of Cambodians with criminal convictions living in the States back to the Kingdom – the timetable for such a plan remains uncertain. ...
Document suggests US aid cuts
A document purported to have come from the US State Department appears to show plans to slash US development assistance to the Kingdom down to zero, a move observers said yesterday would further weaken the US’s standing in the country, allowing for China to cement ...
Investment down by $1B
Local and foreign investment in the Kingdom declined by nearly $1 billion last year, with the bulk of losses coming from fewer infrastructure and agriculture projects, while the manufacturing and tourism sectors continued to post massive gains, according to the Council for the Development of ...
Government meets with Laos
Minister of Interior Sar Kheng and Laotian Minister of Public Security Somkeo Silavong on April 25 reaffirmed their commitment to increasing cooperation and security along their common border, despite recent standoffs between soldiers on each side due to a contentious road being built along the ...
Machinery giant expands to Cambodia
Chinese construction machinery giant Sunward Group will set up an office in Cambodia this year to capitalize on the surge in infrastructure development in the country. He Qinghua, chairman of the board at Sunward Group, told Khmer Times his company is currently researching business opportunities ...
ADB gets behind solar project
The Asian Development Bank has financially backed Singapore’s Sunseap Group’s project to build Cambodia’s first large-scale solar power project under a long-term agreement with the state-run energy utility Electricite Du Cambodge. ADB’s private sector operations department will provide Sunseap Asset (Cambodia) with a debt financing ...