Tag Archives: phnom
With Floods Come a Crime Wave, Officials Say
Police and human rights groups say violent crime has spiked in the period since severe flooding began in August, as criminals take advantage of a distracted security force. Continue reading
Posted in Khmer newspaper
Tagged crime, floodwater, luxury, military-police, ministry, news, opportunity, phnom, russian, said-the-crime
Leave a comment
IMF sees chances to grow
Photo by: Mai Vireak New International Monetary Fund resident representative for Cambodia Faisal Ahmed speaks to Post reporters in Phnom Penh yesterday. Rising production costs in countries like China and Vietnam may soon give rise to higher-value manufacturing in Cambodia, as investors are drawn to the Kingdom’s favourable business environment, the International Monetary Fund’s newest resident representative for Cambodia said yesterday. Continue reading
Posted in Khmer newspaper
Tagged business, cambodia, cambodia-faisal, chinese, development, international, japanese, monetary-fund, phnom, phnom-penh, vietnamese
Leave a comment
Taiwan bank enters full sector
The Kingdom’s first Taiwanese bank, officially launched in Phnom Penh on Friday, is expected to encourage further companies from Taiwan to invest in Cambodia, bank officials say. “We believe our new branches will be extremely beneficial to the economy of Cambodia,” Mega International Commercial Bank president Cai You Cai said at the opening ceremony. The bank would provide funds to local enterprises and provide improved banking services to customers, while also offering employment opportunities, Cai You Cai said. Continue reading
Posted in Khmer newspaper
Tagged cambodia, companies, kingdom, phnom, phnom-penh, sector, stephen-higgins, taiwanese
Leave a comment
Satellite city speculation
Construction will soon begin on yet another satellite city in Phnom Penh, this time worth US$1.6 billion. Most people must be scratching their heads, as there are already four similar projects totalling $4.4 billion either planned or presently under construction in the capital. The general sense of economic optimism that drove investment before the global financial crisis seems to have returned Continue reading
Posted in Khmer newspaper
Tagged asian, business, cambodia, capital, chroy-changvar, city, european, grand-phnom, international, phnom, phnom-penh, real-estate, these-satellite, united-states
Leave a comment
Cement mixer
Photo by: HONG MENEA A construction worker totes pails of cement at a building site in Phnom Penh’s Daun Penh district. Continue reading
Posted in Khmer newspaper
Tagged building-site, business, hong, menea, phnom, phnom-penh, photo, worker-totes
Leave a comment
Closed factories face tax bill
Finished men’s shirts hang on a clothing rack at a garment factory in Phnom Penh earlier this year. The government has called for a number of shuttered garment factories to declare formal bankruptcy Continue reading
Posted in Khmer newspaper
Tagged business, cambodia, council, country, development, global, government, korean, market, matter, official, phnom, phnom-penh, responsibility, taxes
Leave a comment
Cambodia and UK trade surges in 2011
Bilateral trade between Cambodia and the United Kingdom increased more than 55 percent year-on-year during the first six months of 2011 according to the British Embassy in Phnom Penh. Continue reading