Block D offshore oil license revoked
The government revoked the offshore oil exploration license of CPHL (Cambodia) Co Ltd after the project failed to meet the terms of its petroleum agreement, a state official said yesterday. ...
Cam McGrath
http://www.phnompenhpost.com/business/block-d-offshore-oil-licence-revoked
India loan signed to fund dam in Kampong Speu
India’s state-owned Export-Import Bank agreed to loan $36.92 million to the Cambodian government to fund the development of a dam and reservoir in Kampong Speu province. ...
Hor Kimsay
http://www.phnompenhpost.com/business/india-loan-signed-fund-dam-kampong-speu
Cheap water deal
Prime Minister Hun Sen on Wednesday urged the state-owned Phnom Penh Water Supply Authority to buyout infrastructure owned by private companies providing water to the outskirts of the capital. ...
May Kunmakara
http://www.khmertimeskh.com/news/37320/cheap-water-deal/
Pledge to help illegal workers in Thailand
Speaking during the general department of identification’s annual meeting, secretary of state Prum Sokha said the government would continue to help undocumented workers obtain proper documentation. ...
Khuon Narim
http://www.khmertimeskh.com/50103715/pledge-to-help-illegal-workers-in-thailand/
Cambodia attracts over 333 mln USD investment from ASEAN in 2017
Cambodia attracted the fixed asset investment of 333.4 million U.S. dollars from its ASEAN member states in 2017, according to a government’s report on Friday. ...
Mu Xuequan
http://www.xinhuanet.com/english/2018-01/26/c_136927828.htm
US official for labor, rights on two-day visit
US Deputy Assistant Secretary of State Scott Busby, who heads the Bureau of Democracy, Human rights and Labor, is on a two-day trip to Cambodia. ...
Neou Vannarin
http://bit.ly/1AKBJ6x
Cambodia agrees agro-industrial framework
The government has agreed to a new framework to increase the competitiveness of its agricultural sector in line with the recently launched Industrial Development Policy, state news agency AKP reported on Monday. ...
Chan Muyhong
http://www.phnompenhpost.com/business/cambodia-agrees-agro-industrial-framework
Interest-free loans to lure businesses
HCM CITY — The HCM City government will offer interest-free loans to local companies doing business in the city, Laos and Cambodia. With a stimulus package of VND8 trillion (US$381 million), the city has approved interest-fee loans of up to VND100 billion ($4.7 million) over ...
http://vietnamnews.vnagency.com.vn/Economy/215583/Interest-free-loans-to-lure-businesses.html
Whereabouts of Bavet governor still a mystery
Government and police officials were at a loss yesterday to pinpoint the whereabouts of the Bavet town governor, who has been identified as a suspect in the shooting of three women at a protest two weeks ago. An arrest warrant had still not been issued for ...
Cambodia Nothing To Fear From Openness And Competitions: Trade Minister
Cambodia so far has not feared for creating ASEAN economic community 2015 and deeper ASEAN and East Asia regional integration as the region will have free flow of goods, worker mobilization, finance and investment,” trade minister Cham Prasidh said on June 12. His announcement was made during the workshop of ASEAN economic community 2015. “We ...
Major banks show more agricultural sector trust
Major financial institutions show more trust in providing loans to the agricultural sector, evidenced by increasing agricultural loan disbursement, thanks to potential growth in the sector and better preparation of financial report among borrowers, according to industry insiders. Acleda Bank, Cambodia’s largest domestically owned bank, has ...
Ethical Sugar Group Suspends Tate & Lyle Over Plantations
An international group that promotes the ethical sourcing of sugar for the food and energy industries has suspended the membership of U.K. sugar giant Tate & Lyle for failing to answer complaints that it was buying from Cambodian plantations accused of stealing land from local ...
http://www.cambodiadaily.com/news/ethical-sugar-group-suspends-tate-lyle-over-plantations-35438/
Rice plots blocked at dam site
In a first step toward clearing villagers from land intended for a planned Koh Kong provincial hydroelectric dam, a Chinese development firm has blocked a road leading to plots where villagers have continued to harvest rice. Officials from Tianjin Union Development Group, which was awarded a ...
Sen David
http://www.phnompenhpost.com/national/rice-plots-blocked-dam-site
Water Authority Share Price Hits New Low
The usually static share price of the Phnom Penh Water Supply Authority (PPWSA), still the only company listed on the Cambodia Securities Exchange (CSX), fell Monday to its lowest price since it began trading more than two years ago. At the close of business Monday, the ...
Hul Reaksmey
http://www.cambodiadaily.com/business/water-authority-share-price-hits%E2%80%88new-low-42002/
Cambodia sends 4th batch of troops to Lebanon for U.N. peacekeeping mission
Cambodia on Tuesday dispatched the fourth batch of 184 soldiers to Lebanon to replace the third batch’s forces, whose one-year United Nations peacekeeping duties have come to an end. The civil engineering group would perform their one-year duties by clearing landmines, constructing roads, bridges, shelters and ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-12/17/c_132974000.htm
Singapore Invests in New Cambodian Bank
An investment company owned by the Singaporean government is a minority partner in a fully licensed commercial bank set to open later this month in cooperation with Canadia Bank PLC and the country’s postal service, a source familiar with the deal confirmed Tuesday. Fullerton Financial Holdings, ...
Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/singapore-invests-in-new-cambodian-bank-42137/
NGOs, Sar Kheng talk investigation
Interior Minister Sar Kheng sat down with representatives from 10 civil society organisations on Friday for what Cambodian Center for Human Rights president Ou Virak described as a “very frank discussion” of how to handle the investigation into the multitude of alleged irregularities in last ...
The Phnom Penh Post
http://www.phnompenhpost.com/national/ngos-sar-kheng-talk-investigation
No criminal charges against hit-and-run officer
Police said Sunday that they will not pursue charges against Ek Sovannara—the son of a former Kandal provincial police chief—whose Lexus SUV on April 12 crashed into a motorbike carrying three men, killing one and causing the other two to have their left legs amputated. The ...
Aun Pheap
http://www.cambodiadaily.com/news/no-criminal-charges-against-hit-and-run-officer-58992/
Shooting probe urged
UN rights envoy Surya Subedi wrapped up his six-day fact-finding mission to Cambodia yesterday by calling for a thorough investigation into security forces’ role in the deadly crackdown on garment workers early this month. He also offered to act as a mediator between the ruling Cambodian ...
Daniel Pye
http://www.phnompenhpost.com/national/shooting-probe-urged
RDB opens new round of ‘emergency’ loans
With the rice harvest season beginning soon, state-owned Rural Development Bank (RDB) has started disbursing loans to local rice millers under its emergency fund, according to a high-ranking official. ...
Chea Vannak
https://www.khmertimeskh.com/50643674/rdb-opens-new-round-of-emergency-loans/