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Fines up after new rule: gov’t

The announcement last month that traffic cops will collect 70 per cent of fines they give out has already seen enforcement increase, according to a senior official at the Interior Ministry.Speaking yesterday, General Run Roth Veasna, director of the ministry’s Department of Order, said tickets ...

Charles Parkinson and Taing Vida
http://www.phnompenhpost.com/national/fines-after-new-rule-govt

Gov’t calls for lower fuel prices

The government yesterday asked fuel retailers to lower petroleum prices, so as to reflect the drop in global prices in the last few months.At a meeting chaired by Chhoun Dara, a secretary of stAte At the Commerce Ministry, oil companies were given a week to ...

Sor Chandara
http://www.phnompenhpost.com/business/govt-calls-lower-fuel-prices

Ministry throws weight behind wetlands plan

At a consultAtive meeting with the Prey Veng provincial administrAtion on Thursday, the Ministry of Environment expressed support for its initiAtive to turn the wetlands At Boeung Snae lake, in Ba Phnom district’s BAtheay commune, into a protected area. ...

Voun Dara
https://www.phnompenhpost.com/national/ministry-throws-weight-behind-wetlands-plan

Kingdom’s economic growth may be lower than previous prediction

Cambodia’s economic growth in 2020 would not be at the same rate as previously predicted at 6.5 percent, said Prime Minister Hun Sen. ...

Khan Sophirom
https://www.khmertimeskh.com/50695340/kingdoms-economic-growth-may-be-lower-than-previous-prediction

Nine face charges in Kandal land dispute

Kandal provincial police arrested at least 30 people after a clash with protesters on September 12 over a land dispute at the new Phnom Penh International Airport construction site in Kandal Stung district’s Boeung Khyang commune. ...

Voun Dara
https://www.phnompenhpost.com/national/nine-face-charges-kandal-land-dispute

Central bank, CMA roll out local-level ‘safe finance’ plan

The Kingdom’s central bank and the Cambodia Microfinance Association (CMA) have jointly launched a project aimed at promoting financial literacy, consumer empowerment and consumer protections at the community level. ...

Yuth Vireak
https://www.phnompenhpost.com/business/central-bank-cma-roll-out-local-level-safe-finance-plan

‘Fintech playing key role in financial inclusion efforts’

The fintech sector is playing a major role in the financial inclusion efforts pioneered by the National Bank of Cambodia (NBC), Governor Dr Chea Serey said while delivering the keynote address at the CamTech Summit 2023 yesterday at the Centre for Banking Studies. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501399932/fintech-playing-key-role-in-financial-inclusion-efforts/

Ministry to create more communities to protect forest

The Ministry of Environment plans to establish at least 10 additional natural resource protection communities by year-end and in subsequent years to improve the livelihoods of communities and contribute to prevention of forest crime at the local level.​ ...

Hang Punreay
https://www.khmertimeskh.com/501440112/ministry-to-create-more-communities-to-protect-forest/

Render justice on wing star union’s chief, CATU urges Kampong Speu court

About 40 trade union representatives and members of the Cambodian Confederation of Trade Unions (CatU) gathered at Chea Chan’s trial at the Kampong Speu Provincial Court, with banners on Wednesday, demanding his release. ...

Sovann Sreypich
https://cambojanews.com/render-justice-on-wing-star-unions-chief-catu-urges-kampong-speu-court/

WHO to continue strengthening cooperation with Cambodia

Dr. Hun Manet, Prime Minister of the Kingdom of Cambodia, received here at the Peace Palace yesterday visiting Dr. Saia Ma’uPiukala, Regional Director for the Western Pacific at the World Health Organisation (WHO). ...

Khmer Times Staff
https://www.khmertimeskh.com/501509993/who-to-continue-strengthening-cooperation-with-cambodia/

Floods force GDP revision

Cambodia has lowered its economic growth projection from 7 to 6 per cent for 2011 after more than a month of flood devastation in the Kingdom and continued economic turmoil in the United States and Europe, Deputy Prime Minister Keat Chhon said yesterday. The full impact ...

http://www.phnompenhpost.com/index.php/2011101252083/Business/floods-force-gdp-revision.html

Inflation Hits 7.1 Percent in June, Officials Say

Inflation reached 7.1 percent in June compared to the same month last year as consumer prices continued to rise in Cambodia, an official at the Ministry for Planning said yesterday. The release of the inflation figure comes after officials and the ministry said earlier this ...

http://www.camnet.com.kh/cambodia.daily/

Warrant sought for shooter

The Ministry of Interior has sought a warrant for the suspect who shot three people at a protest outside a shoe factory last week amid more allegations from government and police officials that the perpetrator was Bavet town governor Chhouk Bandith. Interior Ministry spokesman Khieu Sopheak ...

http://www.phnompenhpost.com/index.php/2012030154802/National-news/warrant-sought-for-shooter.html

Ban on Thesis Topics Needed, Scholars Say

Academics at the Royal University of Law and Economics defended banning thesis topics for fourth-year students, arguing that subjects such as illegal drug use and land disputes are written about too often at the school. In a Feb. 2 letter posted online and signed by the ...

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

Press release of Phnom Penh Capital Hall on providing the public free of charge to travel to hometown by city buses during the Pchum Ben festival

On 03 October 2018, Phnom Penh Capital Hall issued an announcement to the public to inform the public that during the coming Pchum Ben festival, the capital hall will arrange 215 public city buses to serve officials, military forces, citizen, workers, and the public travelling to ...

Phnom Penh Capital Hall

Download: pdf

Prasac borrows $1.5m from German company

Assets of Cambodian Microfinance Institution Prasac reached US$210 million with the combination of newly borrowed $15 million from Germany’s Deg-Deutsche Investitions Und Entwicklungsellschaft Mbh (DEG), officials said during the signing ceremony. The seven-year agreement at an annual interest rate of 5.5 per cent would help Prasac ...

http://www.phnompenhpost.com/index.php/2012083058374/Business/prasac-borrows-15m-from-german-company.html

Bourse May Have 7 Trading Sessions Daily

Officials at the Cambodian Securities Exchange (CSX) may increase the number of daily stock trading sessions from two to seven, giving traders more flexibility to buy and sell, an official at the bourse said yesterday. Currently, trading on the CSX occurs in just two sessions, starting ...

Cambodia Says No Strings Attached in Recent Chinese Aid

China has done a lot to support Cambodia over the years with millions of dollars in aid, loans and investment. But after reports this week that China has pledged another $500 million in soft loans and grants—and publicly thanked Cambodia for its support in Southeast ...

http://blogs.wsj.com/searealtime/2012/09/06/cambodia-says-no-strings-attached-in-recent-chinese-aid/

Telecom Cambodia Corruption Investigation Needs Time

The minister of posts and telecommunications yesterday said he needs more time to investigate corruption and mismanagement allegations at state-owned firm Telecom Cambodia before involving other government institutions. Telecom Cambodia director-general Lao Saroeun is officially on sick leave, but staff at the company say they were ...

http://www.cambodiadaily.com

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