Asylum seekers on fast track to Cambodia, group says
As many as five of the hundreds of asylum seekers Australia is holding on the South Pacific island nation of Nauru have agreed to be the first to take up an offer from Cambodia to resettle here, according to a refugee advocacy group. ...
Zsombor Peter
https://www.cambodiadaily.com/news/asylum-seekers-on-fast-track-to-cambodia-group-says-82208/
Australia makes video pitch for Cambodia to asylum seekers
The Australian immigration minister on Wednesday made a blunt videotaped pitch to asylum seekers detained on the Pacific island of Nauru to accept a resettlement offer while stressing they should forget about ever moving to Australia. ...
Steve Herman
http://bit.ly/1K7a67U
We want your business, UN tells local firms
The $1.6-billion Untac mission of the early 1990s injected a huge amount of money into Cambodia’s economy. Now, the U.N. wants to pump millions more into the country—this time by buying up the offerings of local businesses. ...
Kang Sothear and Chris Mueller
https://www.cambodiadaily.com/news/we-want-your-business-un-tells-local-firms-85035/
Border meeting ends with champagne, no details
At the end of the third and final day of the meetings of the Joint Border Committee in Phnom Penh on Thursday, the Cambodian and Vietnamese delegations clinked champagne glasses during a public signing ceremony and departed, offering no details about their negotiations. ...
Khuon Narim
https://www.cambodiadaily.com/news/border-meeting-ends-with-champagne-but-no-details-87800/
Market plans inspire rally
Nearly 200 vendors from Phnom Penh’s Doeum Kor Market gathered in Wat Botum Park yesterday to offer a petition asking Prime Minister Hun Sen to block city plans to demolish and replace the market with a multi-storey building. ...
Pech Sotheary
http://www.phnompenhpost.com/national/market-plans-inspire-rally
CNRP tells donors to retrieve their funds
A district official with the Cambodia National Rescue Party has offered a group of disgruntled donors in Kandal their money back after they lodged a complaint with local police over the opposition’s fundraising efforts for its Sun TV station. ...
Chhay Channyda
http://www.phnompenhpost.com/national/cnrp-tells-donors-retrieve-their-funds
France to give over $226,000 for Khmer Rouge tribunal work
The French government said it will offer around $226,875 to the UN-backed Khmer Rouge tribunal ...
Khmer Times Staff
https://www.khmertimeskh.com/501025864/france-to-give-over-226000-for-khmer-rouge-tribunal-work/
Minister urges graduates to continue studies and be ‘skilful intellectuals’
Minister of Education, Youth and Sport Hang Chuon Naron on Thursday encouraged recent graduates to continue their studies and become “skilful intellectuals”. The minister’s remarks were made during the Limkokwing University graduation ceremony in Phnom Penh’s Tonle Bassac commune. ...
Drug factory found by students
Members of the Environment and Natural Resources Student Network, which is made up of students from six universities, found a factory processing an indigenous vine believed to be used in the production of narcotics in Koh Kong province last week. ...
May Titthara
http://www.khmertimeskh.com/news/32304/drug-factory-found-by-students/
PPWSA edges closer to IPO
As expected, the book-building phase for Phnom Penh Water Supply Authority’s initial public offering was significantly oversubscribed, the estimate being 17 times. Interested investors had the opportunity to bid at a price no lower than 4,050 riel a share, and at a maximum of 6,350 riel ...
http://www.phnompenhpost.com/index.php/2012032855274/Business/ppwsa-edges-closer-to-ipo.html
Chinese carrier launches direct flight to Cambodia's Sihanoukville
Lucky Air has launched direct flights from Kunming to Sihanoukville, becoming the first Chinese carrier to offer year-round regular scheduled service to the coastal Cambodian city, a local English newspaper reported on Thursday, citing an airline executive. ...
Xinhua News Staff
http://www.chinadaily.com.cn/business/2015-12/03/content_22618731.htm
Port begins roadshow for IPO with cautious optimism
PHNOM PENH Autonomous Port (PPAP) began it roadshow yesterday to attract investors ahead of its initial public offering (IPO), saying the share price will range between $1.08 and $1.50 and that 35 percent of them had already been booked. ...
Sum Manet
http://www.khmertimeskh.com/news/16919/port-begins-roadshow-for-ipo-with-cautious-optimism/
Kantha Bopha gifted royal residence
The King and Queen Mother have awarded a royal residence in Koh Kong province to the director of the Kantha Bopha Children’s Hospitals in a bid to relieve the financial burden on the facilities, which offer free treatment to all patients. ...
Chhay Channyda
http://www.phnompenhpost.com/national/kantha-bopha-gifted-royal-residence
Camko city denies land sale
After a real estate agent was convicted of illegally selling plots of land within Camko City development project, a senior figure at developer World City stressed yesterday that at present no land was for sale and warned that any offers were fraudulent. ...
Sum Manet
http://www.khmertimeskh.com/news/31193/camko-city-denies-land-sale/
CNRP vexed as CPP continues to call Sokha’s presidency illegitimate
Opposition lawmakers yesterday left a meeting at the Interior Ministry exasperated, as officials from the latter continued to deem the presidency of their leader, Kem Sokha, and the vice presidency of three senior lawmakers, illegitimate, but offered no clear path to a resolution. ...
Meas Sokchea
http://www.phnompenhpost.com/national/cnrp-vexed-cpp-continues-call-sokhas-presidency-illegitimate
Vietnam asked to invest in rubber
During a meeting last week with a Vietnamese rubber association, Minister of Agriculture Veng Sakhon reminded Vietnamese investors of the many opportunities that the Cambodian agricultural sector offers and asked them to come to the kingdom to establish rubber and cassava processing factories. ...
Chea Vannak
http://www.khmertimeskh.com/5089361/vietnam-asked-invest-rubber/
Central bank sets interest rate ceiling, sparking fears
The National Bank of Cambodia announced on Monday that it would set an annual interest rate ceiling of 18 percent for all microfinance institutions (MFIs), sparking concerns that lenders would stop offering smaller loans that often keep the most financially vulnerable afloat. ...
Hang Sokunthea
https://www.cambodiadaily.com/news/central-bank-sets-interest-rate-ceiling-sparking-fears-126483/
Cassava exports up, prices low
Though the export of cassava from Cambodia to foreign markets increased by more than 50 percent in 2016, compared with previous years, export earnings were still low due to below-market-prices offered by buyers in Thailand and Vietnam. ...
Chea Vannak
http://www.khmertimeskh.com/news/37174/cassava-exports-up--prices-low/
CNRP’s predecessor parties reject GDP call to run in July election
The fledgling Grassroots Democracy Party appealed yesterday to the predecessors of the now-dissolved Cambodia National Rescue Party to contest this year’s upcoming elections in a bid to dilute the ruling party’s vote share – an offer they quickly turned down. ...
Ben Sokhean and Ananth Baliga
http://www.phnompenhpost.com/national-politics/cnrps-predecessor-parties-reject-gdp-call-run-july-election
1,100 voluntary students help land distribution and survey for local people
Samdech PM Hun Sen this week met with I, I 00 voluntary students, who will help survey the land for local people. The government set policy to offer land for real poor and landless people in a form of helping poor and social equity. ...