Banks Look to Offer Services Using Renminbi
Banks here are trying to take advantage of a growth in Chinese investment by launching services that will allow payments from local banks to be made in China’s currency, the renminbi. Grant Knuckey, CEO of ANZ Royal Bank, said that because of a growing number of ...
New local carrier to launch flights
A new local airline is applying to fly in Cambodia, according to aviation officials, at a time when the market is monopolised by national flag carrier Cambodia Angkor Air and a handful of carriers offering chartered routes. Royal Spirit Airlines last Friday met with the State ...
Anne Renzenbrink
http://www.phnompenhpost.com/business/new-local-carrier-launch-flights
Third minimum wage negotiation – Employers agree to $2 now as employees reduce to $10
The third textile, garment, footwear and travel goods minimum wage negotiation for 2025 has yet to reach a consensus, even though employers representatives raised their offer from $1 to $2, while union representatives dropped their rate from $14 to $10. ...
Sovann Sreypech and Pou Soreachny
https://cambojanews.com/third-minimum-wage-negotiation-employers-agree-to-2-now-as-employees-reduce-to-10/
German Foundation to launch “The Development of Cambodian Administrative Law”
Konrad-Adenauer-Stiftung (KAS) in Cambodia will launch a book on “The Development of Cambodian Administrative Law” on 07th of May 2014 at 05:30pm at Raffles Hotel Le Royal. In its press statement, KAS said that by offering readers an overview on the status and development of administrative ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=15&token=YmJmYzc2YjIwMWI
Thai firm latest to offer lease financing
Sousdey Finance, a subsidiary of Thitikorn Limited in Thailand, will start a financial hire-leasing service for motorbikes in Phnom Penh, with an initial start-up fund of $100,000. ...
Hor Kimsay
http://www.phnompenhpost.com/thai-firm-latest-offer-lease-financing
Miners flee amid compliance push
Chong Phlas commune, Mondulkiri province – As officials from the Mines and Environment ministries continue their compliance push here, villagers from the Chong Phlas Gold Mining Community have fled or withdrawn into their homes, too scared to continue their work for fear of being blamed ...
Khy Sovuthy
https://www.khmertimeskh.com/50494101/miners-flee-amid-compliance-push/
Cambodia has no reason to host foreign military bases
There is no security need for Cambodia to have a foreign military base. Although sovereignty disputes and border tensions between Cambodia and its neighbors remain unresolved and sometimes violence occurs, Cambodia will never seek to use force or threaten to use force against its neighbours, ...
Chheang Vannarith
https://www.khmertimeskh.com/50552864/cambodia-has-no-reason-to-host-foreign-military-bases/
Committee to manage criminal seizures formed
The ministries of Economy and Finance, and Justice have established a committee to manage property seized from crime, a document signed by the respective ministers said. The “Managing Committee of Confiscated Property” is to handle the sale of items transferred from the courts after a ...
Niem Chheng
https://www.phnompenhpost.com/national/committee-manage-criminal-seizures-formed
Authorities shutter illegal mines
Nearly 30 illegal gold mining operations have been shuttered in Mondolkiri province over the past week as officials with Mines and Environment ministries continue a compliance push in the wake of a poisoning case that killed 13 villagers downstream in Kratie province. ...
Khy Sovuthy
https://www.khmertimeskh.com/50494978/authorities-shutter-illegal-mines/
Combating climate change through industrial efficiency
The TEST programme, which aims to fight the effects of climate change by helping corporations adopt efficient and environmentally friendly processes, was launched yesterday in Phnom Penh. ‘TEST’ stands for ‘transfer of environmentally sound technology’. ...
Sok Chan
https://www.khmertimeskh.com/50545686/combating-climate-change-through-industrial-efficiency/
Spokespersons unit created to address criticism from media
In order to counter criticisms made by journalists and the general public, the government has created a unit made out of ministry spokespersons to ensure speedy responses. The decision to create the unit was sanctioned by Prime Minister Hun Sen on March 6 via a ...
Khy Sovuthy
https://www.khmertimeskh.com/50586572/spokespersons-unit-created-to-address-criticism-from-media/
Rice industry insiders optimistic
With more plans for rice storage and silos in Cambodia, industry insiders have expressed their optimism that a lack of facilities will not pose a challenge for the Kingdom’s rice market this year. Cambodian Rice Federation vice-president Norng Veasna said thanks to efforts from the ...
Hin Pisei
https://www.phnompenhpost.com/business/rice-industry-insiders-optimistic
Cambodia’s democracy, economy at risk: report
Cambodia has become more autocratic and its government’s claim of stable economic development rests on uncertain basis, according to a comprehensive new report. The Bertelsmann Stiftung’s Transformation Index (BTI), published on Thursday, claims that the quality of Cambodia’s democracy, market economy and governance performance has ...
Leonie Kijewski
https://www.phnompenhpost.com/national/cambodias-democracy-economy-risk-report
Villagers seek end to land disputes
Two groups of more than 100 people from Kratie and Oddar Meanchey provinces have come to Phnom Penh to submit petitions to relevant ministries and institutions, asking for intervention to speed up resolution of their land disputes. ...
Pech Sotheary
http://www.khmertimeskh.com/50116210/villagers-seek-end-to-land-disputes/
Government denies Koh Kong Chinese naval base ‘rumour’
Two ministries have denied plans for a Chinese naval base in Cambodia and that the Kingdom is caught in the middle of US-China “cold war”. In a press release on Saturday, a Ministry of National Defence spokesperson called the spread of information about a naval ...
Niem Chheng
https://www.phnompenhpost.com/national/government-denies-koh-kong-chinese-naval-base-rumour
‘No more Khmer Rouge leaders left to stand trial’
Friday’s verdict in the trial of former Khmer Rouge leaders Nuon Chea and Khieu Samphan has been hailed as “historic” for “Cambodia and all humanity”, while Minister of Interior Sar Kheng said no further cases of its kind would be brought to court. “There are ...
Mech Dara
https://www.phnompenhpost.com/national/no-more-khmer-rouge-leaders-left-stand-trial
Russia seeks more cooperation with Cambodia
The Russian Federation is seeking more cooperation with Cambodia in the fields of investment, information exchange, and heritage preservation. ...
Khan Sophirom
http://www.khmertimeskh.com/news/16443/russia-seeks-more-cooperation-with-cambodia/
Gov’t to revoke public servants’ service passports
The Ministry of Foreign Affairs has announced that all Cambodian public servants will have their service passports revoked once their missions abroad have been completed, in what appears to be an attempt to halt the practice of officials selling their documents to citizens attempting to ...
Ven Rathavong
http://www.khmertimeskh.com/news/22408/gov---t-to-revoke-public-servants----service-passports/
PM decides to protect 1 million hectares of forest
Prime Minister Hun Sen has agreed to legally protect nearly 1 million hectares of the Kingdom’s forest land, including the Prey Lang forest. Speaking during the Ministry of Education, Youth and Sport’s annual meeting at the Institute of Technology of Cambodia, Mr. Hun Sen said he ...
May Titthara
http://www.khmertimeskh.com/news/23482/pm-decides-to-protect-1-million-hectares-of-forest/
Traffic accidents down in first half of year
Nearly 1,000 people have died in traffic accidents in the first six months of 2016 according to a National Committee for Road Safety report released today. ...
Cheang Sokha
http://www.khmertimeskh.com/news/27027/traffic-accidents-down-in-first-half-of-year/