Khmer Times

Cambodia eyes AIIB loan

Cambodia will begin applying for a loan from the newly established China-backed Asian Infrastructure Investment Bank from next year in response to the current need for infrastructure development. Visiting AIIB vice president and chief investment officer D.J. Pandian met with Vongsey Vissoth, secretary of state at ...

Japanese investment in light industry desired

Cambodia hopes to see Japanese investment in the light industry sector, which will help develop the kingdom’s labor force. Minister of Commerce Pan Sorasak, in a meeting last week with Japanese Ambassador to Cambodia Hidehisa Horinouchi, asked Japan to consider investing in the light industry ...

Chinese to transform coastal provinces

Top Chinese firms are keen to invest in the coastal provinces of Preah Sihanouk and Kampot and are eyeing to develop sectors that service the lucrative tourist industry, said the Tourism Ministry on Friday. According to a ministry statement the intention of the Chinese firms was ...

Poipet checkpoint to be upgraded, enlarged

The government has decided to build a new immigration office at the Poipet International Border Checkpoint at a cost of more than $2 million. General Sok Phal, the director general of the Interior Ministry’s immigration department, told reporters on Sunday after an annual meeting with ...

Mine clearance death probed

Authorities have launched an investigation into how one deminer was killed and another was seriously injured during an operation in Pailin province. Provincial police chief Brigadier General Chea Chandin said the explosion happened in a forested area at about 7am on Friday. Halo Trust deminer Loeung Reaksmey, ...

Draft consumer law completed

The Ministry of Commerce has finished the draft consumer protection law and will soon submit it to the Council of Ministers, according to a senior government official. Mao Thora, the ministry’s secretary of state, said yesterday that all chapters of the draft had been completed ...

Cassava woes still persist

Local cassava producers still do not fully understand the process of obtaining a sanitary and phytosanitary certification, a necessity for those exporting their produce to Thailand. Department of Agriculture deputy director-general Hean Vanhan said that there were no barriers for local cassava vendors to export to ...

Battambang dam 98 percent complete

Construction of a $100 million dam project and the largest reservoir in Battambang province is 98 percent complete and scheduled to be finished before Khmer New Year in April. The Battambang Multipurpose Dam, located in Ratanak Mondul district’s Plov Meas commune, has dikes connecting one mountain ...

Cambodia’s salt yield to fall

Salt production in Kampot and Kep provinces will be down this year due to unseasonal rain during the harvest season and a lack of laborers to farm the salt, according to the Salt Association of Kampot and Kep. Bun Baraing, co-executive director of the salt association, ...

Kingdom preps for China trade center

Cambodia plans to open a trade center in China this year and the Commerce Ministry is hoping the initiative broadens economic relations and cultural exchange. Soeng Sophary, spokeswoman for the Commerce Ministry, told Khmer Times that a group of delegates from the ministry are currently in ...

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