Increased loan access for SMEs
Three private institutions have come together to provide loans to small and medium enterprises (SMEs) to boost financial access for the business expansion and sustainability amid the global economic downturn. ...
May Kunmakara
https://www.phnompenhpost.com/business/increased-loan-access-smes
Claim about quantity of city's plastic waste prompts debate
It was supposed to be about supermarkets helping the planet by cutting down on plastic bags, but it turned into a war of words – and a veritable duel of conflicting data – over just how many plastic products Phnom Penh’s population discards each day. On ...
Cambodia's Free Trade Union offers minimum wage plan
In the latest bid for an increase in garment-industry wages, Free Trade Union (FTU) president Chea Mony yesterday called on the Garment Manufacturers Association in Cambodia (GMAC) to come to the table and discuss a $120-per-month minimum wage. A few days after Cambodian Confederation of Unions ...
Bilateral investment treaties offer investment protection through arbitration
Bilateral Investment Treaties (BITs) are intra-state legal mechanisms which encourage foreign investment. This is particularly so as they provide foreign investors with Investor State Dispute Settlement (ISDS) mechanisms to enforce investment protections through international arbitration against the host state before a neutral tribunal. Cambodia has signed over ...
The Cambodia Herald News Staff
http://www.thecambodiaherald.com/cambodia/detail/1?page=15&token=YTQ5ZWI5NTZjN2F
Construction on triple-tower Times Centre to start in June
Work on a triple-skyscraper complex near Olympic Stadium announced in February is due to get under way in June this year and be completed in 2017, according to the project supervisor. With its slogan “The heart of Phnom Penh”, Times Centre is slated to feature three ...
Siv Meng
http://www.phnompenhpost.com/real-estate/construction-triple-tower-times-centre-start-june
Central surveillance control room to coordinate crimewatch
Surveillance cameras set up throughout the capital will be synchronized and monitored nonstop from a central control room as part of a coordinated crimewatch effort between City Hall and the National Police, officials said on Tuesday. ...
Phan Soumy
https://www.cambodiadaily.com/news/central-surveillance-control-room-to-coordinate-crimewatch-132414/
Gov’t dismisses judicial reform concerns
Human Rights Watch says three draft laws on the verge of approval by the National Assembly, intended to assure the independence of Cambodia’s courts, would do just the opposite, and has called on the government to withdraw them. The Council of Ministers approved the trio of ...
Zsombor Peter and Hul Reaksmey
http://www.cambodiadaily.com/news/govt-dismisses-judicial-reform-concerns-58023/
Government to freeze bank accounts of four tardy tycoons
Finance Minister Aun Porn Moniroth has sent the National Bank of Cambodia an order to freeze the bank accounts of four business tycoons for allegedly failing to make good on a number of deals with the state, according to a ministry official and local media. The ...
Hul Reaksmey
http://www.cambodiadaily.com/news/government-to-freeze-bank-accounts-of-four-tardy-tycoons-65593/
Cambodia Orders Halt to Anti-Vietnamese Protests After Flag Burning Incident
suspend protests against Vietnam over a territorial dispute as Phnom Penh expressed “regret” to Hanoi over the burning of a Vietnamese flag during the demonstrations last week. Horn Nam Hong met at his office with the head of the Khmers Kampuchea-Krom Federation, Thach Setha, who agreed ...
Joshua Lipes
http://www.rfa.org/english/news/cambodia/protests-08192014163708.html
Olympia Plaza to rise on $60M investment
Local conglomerate Overseas Cambodia Investment Corporation (OCIC) will invest $60 million in the construction of Olympia Plaza, a seven-storey shopping mall being built inside the company’s mixed-use Olympia City project in central Phnom Penh, the company confirmed yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/olympia-plaza-rise-60m-investment
Borei Keila evictees denounce ‘resolutions’
City Hall announced Friday that the vast majority of remaining evictees from Phnom Penh’s Borei Keila neighborhood—who were left landless after a development firm failed to provide adequate housing for hundreds in the community—will not be rehoused in the area. ...
Khuon Narim
https://www.cambodiadaily.com/news/borei-keila-evictees-denounce-resolutions-80496/
Police arrest 17 at protest in Koh Kong
Police in Koh Kong province on Wednesday arrested 17 people—including four rights workers—near the provincial courthouse as protesters continued to call for the release of three jailed environmental activists, according to officials. The group was released shortly after 6 p.m. ...
Aun Pheap
https://www.cambodiadaily.com/news/police-arrest-17-at-protest-in-koh-kong-93241/
Police promise more arrests if Koh Kong protests persist
A deputy police chief of Koh Kong province on Thursday defended the decision by authorities to arrest four human rights workers and 13 other people during a peaceful protest on Wednesday and said they were prepared to do so again—and next time would not let ...
Aun Pheap
https://www.cambodiadaily.com/news/police-promise-more-arrests-if-koh-kong-protests-persist-93374/
Phnom Penh governor tells officials to ‘fix frustrated people’
The Phnom Penh governor on Tuesday told city officials to halt corruption and work harder to provide public services in an effort to restore confidence among the people who were so frustrated with the ruling party that they voted for the opposition CNRP in last ...
FDI survey may lead to new property regulations
Cambodia’s property sector continues to grow, offering both opportunities and challenges for both foreign and local investors. Meanwhile, ahead of the ASEAN Integration, a wider access to transparent information about the FDI fuelling the sector could lead to the adoption of stronger regulatory principles and ...
Kali Kotoski and Sum Manet
http://www.phnompenhpost.com/real-estate/fdi-survey-may-lead-new-property-regulations
Rainsy to Meet Cambodian Workers in South Korea
Opposition CNRP leader Sam Rainsy is to meet with Cambodian migrant workers during a two-day trip to South Korea later this week, at the end of a European tour that has included stops in Geneva, Brussels and Paris. “He will be visiting [South] Korea to meet ...
Mech Dara and Alice Cuddy
http://www.cambodiadaily.com/news/rainsy-to-meet-cambodian-workers-in-south-korea-51349/
Plan for airport faces resistance
Talks between officials in Preah Vihear province and local villagers whose land is in the way of a proposed domestic airport hit some turbulence on Tuesday, as homeowners bristled over the various forms of compensation being offered. ...
Sen David
http://phnompenhpost.com/national/plan-airport-faces-resistance
City Says It Will Provide Land Titles to 33 Boeng Kak Families
Phnom Penh Municipality will provide land titles to 33 more families living in the city’s Boeng Kak neighborhood, a municipal official said Tuesday, roughly a third of those still seeking property rights in the area that has seen some 3,000 forced evictions. “First, we will solve ...
Khy Sovuthy and Ben Woods
http://www.cambodiadaily.com/news/city-says-it-will-provide-land-titles-to-33-boeng-kak-families-45710/
Forum focuses on realizing development triangle’s potential
Building partnerships to realize the potential of the Cambodia-Laos-Vietnam Development Triangle was the theme of a forum in Buon Ma Thuot City, the Central Highlands province of Dak Lak on April 21. The event, co-hosted by the Ministry of Planning and Investment and the Asian Development ...
Saigon GP Daily News Staff
http://www.saigon-gpdaily.com.vn/Business/Economy/2014/4/108858/
City bans pair of marches
City Hall has banned street marches for World Teachers’ Day and World Housing Rights Day, ordering participants to confine their activities to Freedom Park instead. World Teachers’ Day and World Housing Rights Day occur on October 5 and 6, respectively. Planners for both expressed disappointment ...
Taing Vida
http://phnompenhpost.com/national/city-bans-pair-marches