Khmer Times

Mekong riverbanks to be restored

Mines Ministry officials on March 9 announced a project to shore up sections of the Mekong river affected by erosion that threatens families in Kandal province’s Mok Kampol district. Fifty-nine families living along the river say they have been affected by riverbank collapses. Speaking to about 100 ...

Myanmar urges closer ties with military

Myanmar’s army chiefs want to increase cooperation with Cambodia in a bid to build closer bilateral ties, according to a senior military official. General Ith Sarath, the deputy commander of the Royal Cambodia Armed Forces, made the comments yesterday after a meeting between Defense Minister ...

Oil imports lift US trade deficit

The US trade deficit jumped to a near five-year high in January as rising oil prices helped to push up the import bill, pointing to slower economic growth in the first quarter and posing a challenge for the Trump administration. President Donald Trump took office ...

HomePro mulls investment in Cambodia

HomePro, a leading home improvement retailer in Thailand, is mulling expansion to neighboring countries – including Cambodia next year – with an investment budget of between $170 million and nearly $200 million. Rakpong Aroonwatdhana, HomePro’s head of investor relations, is quoted by the Bangkok Post ...

Vietnam’s Mobile World Group enters Cambodia

Mobile World Group will launch its first store called BigPhone.com in Cambodia in the first quarter of this year, according to Viet Nam News. The store is under construction, general director of MWG Tran Kinh Doanch was quoted as telling the English daily. “Once operation, the ...

License for Cambodia investment tax service

Cambodia Investment Tax Service has become the 44th tax agent to get a license from the General Department of Taxation since the government made an effort to modernize and make more efficient tax collection by using private companies. Anthony Galliano, company group CEO, said licensing and ...

Palm oil prices set to drop

A rebound in Southeast Asia’s palm oil production this year is forecast to drag down prices of the tropical product in the second half, with additional pressure coming from an expected slowdown in demand from top importers India and China. Tight supplies following a drought in ...

Angkor Air, Air France MoU

Cambodia Angkor Air and Air France Industries KLM Engineering & Maintenance on March 7 signed a memorandum of understanding to cover component support and maintenance services for the national flag carrier’s fleet of Airbus A320. The 12-year agreement includes full component support services, repairs and maintenance, pool ...

Thailand’s single window to clear trade

The Thai government plans to create a single online database for importing and exporting through a national single window by 2018 as part of efforts to avoid potential corruption and bribery in processes where the state and private sectors meet. Having a single online database should ...

China offers cassava hope

Cambodia has marked its first Cassava Day with expectations of greater exports to China, one of the world’s big markets for the tuberous root. Speaking at the celebration in Battambang province on Monday, Commerce Minister Pan Sorasak said the government is speeding up exports of cassava ...

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