Khmer Times
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 ...
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 ...
World Bank aid for poor
The World Bank has approved provision of $20 million to help poor and vulnerable families in Siem Reap and Phnom Penh increase their income, build skills and construct small-scale community infrastructure. The bank’s board of executive directors approved the funding for the Livelihood Enhancement and Association ...
Local home loans survive a slowdown
Commercial banks saw strong growth in housing loans last year despite a slowdown in the real estate sector, which could have a knock-on effect and threaten the growth of the country’s services. According to a Ministry of Economy and Finance report released late last month, ...
Old mines destroyed in Pursat
More than 100 landmines and unexploded ordnance were destroyed on February 21 by deminers in Pursat province’s Veal Veng district. District police officer Solie Mesa told Khmer Times on February 23 that a large variety of dangerous material had been found and destroyed. “All those found were remnants of ...
Top brands boycott garment summit
Leading fashion brands including H&M and Zara will boycott a key industry conference in Bangladesh in support of garment workers who have been sacked, hunted or jailed for participating in wage strikes, the companies said on February 22. H&M, C&A, Tchibo and Inditex which owns ...
Tax exemption offered to SMEs
A two-year income tax exemption is being offered to small and medium-sized enterprises that register with the Ministry of Economy and Finance before the end of 2018. According to a sub-decree published on February 22, the decision to offer a tax exemption for SMEs that are ...
Land feuds get top-level airing
Fifteen national and international organizations representing 38 civil society groups met with the National Assembly’s first commission on February 22 to discuss eight major land dispute cases in an effort to find a solution for those affected. Seoung Sen Karona, a human rights monitor and investigator for ...
Exploitation up, trafficking down
More cases of sexual exploitation were reported in 2016, a report from the Interior Ministry revealed on February 22. However, the number of human trafficking cases saw a reduction last year compared with 2015. In 2016, the ministry reported 52 cases of sexual exploitation involving 87 victims ...
Women flock to foreign work
The number of Cambodian women being sent to work abroad last year increased by 30 percent compared with 2015, a report said. However the report also noted that more than half of all the migrant workers who were rescued and repatriated last year were women. According ...