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After protest, dream land agrees to severance

Former employees of the recently closed Dream Land amusement park in Phnom Penh agreed to severance packages of between $85 and $200 on Tuesday, company officials said.     ...

Khuon Narim
https://www.cambodiadaily.com/news/after-protest-dream-land-agrees-to-severance-109962/

Officials use government letterhead for private affairs

Ruling party lawmaker Chheang Vun on Wednesday denied any wrongdoing after using his government position to compel the Ministry of Post and Telecommunications to clear up dangling electrical wires in front of a restaurant he owns. ...

Kuch Naren and Buth Kimsay
https://www.cambodiadaily.com/news/officials-use-government-letterhead-for-private-affairs-110339/

PM requests additional $10 million from South Korea

Prime Minister Hun Sen asked his South Korean counterpart, President Park Geun Hye, to grant an additional $10 million yesterday for the second stage of the National Road 21 construction in Kandal province’s Saang district. ...

Taing Vida
http://www.khmertimeskh.com/news/23300/pm-requests-additional--10-million-from-south-korea/

Transgender Cambodians at higher risk for HIV infection

The rate of HIV infection among Cambodia’s transgender women is nearly six times higher than the national average, according to the results of a 2012 survey published in the online journal PLOS ONE this month. ...

Ben Paviour
https://www.cambodiadaily.com/news/transgender-cambodians-at-higher-risk-for-hiv-infection-111517/

Firm poised to be first licensed derivatives broker

Six months since Cambodia’s market regulator officially launched derivatives trading in Cambodia, Phnom Penh Securities Plc is poised to become the first local securities firm to legally trade the complex and little-understood financial instrument. ...

Kali Kotoski
http://www.phnompenhpost.com/business/firm-poised-be-first-licensed-derivatives-broker

Refugee deal alive and well, ministry says

Australian Ambassador Angela Corcoran and Cambodian Foreign Affairs Minister Prak Sokhonn reaffirmed their two countries’ commitment to a controversial and unpopular refugee resettlement deal they struck in 2014, a spokesman for the minister said on Thursday. ...

Khy Sovuthy
https://www.cambodiadaily.com/news/refugee-deal-alive-and-well-ministry-says-116304/

Tax revenue rises 20%

Tax revenue in the first seven months of the year was $955 million, an increase of 18.91 percent over the same period last year, according to a report from the General Department of Taxation (GDT). ...

Sum Manet
http://www.khmertimeskh.com/news/28505/tax-revenue-rises-20-/

Cambodian silk market troubles

Despite steady sales of silk products in the Kingdom, the combination of a lack of skilled labor and cheap imports are adding extra stress to Cambodia’s already beleaguered domestic production, say officials and industry experts. ...

Sok Chan
http://www.khmertimeskh.com/news/28745/cambodian-silk-market-troubles/

Parties at impasse over rules for 2017 commune elections

The ruling CPP and opposition CNRP are deadlocked in their ongoing negotiations over new rules for commune elections, according to party officials, with the length and scale of election campaigns at the center of the dispute. ...

Kuch Naren
https://www.cambodiadaily.com/news/parties-at-impasse-over-rules-for-2017-commune-elections-93692/

Vietnam signs bilateral tourism cooperation agreements with Cambodia, Laos, Myanmar

Tourism officials from Vietnam, Thailand, Laos, Cambodia and Myanmar discussed solutions for luring tourists to their region and integrate their tourist industry as they met in Ho Chi Minh City on Wednesday. ...

Tuoitrenews.vn News Staff
http://tuoitrenews.vn/business/30317/vietnam-signs-bilateral-tourism-cooperation-agreements-with-cambodia-laos-myanmar

Prime Minister again warns to confiscate ELCs from private company

Prime Minister Hun Sen once again warned that the royal government will confiscate economic land concession (ELCs) from any private companies that do not implement in accordance to contracts signed with government. ...

The Cambodia Herald​ News Staff
http://thecambodiaherald.com/cambodia/prime-minister-again-warns-to-confiscate-elcs-from-private-company-8952

Deadline for wage negotiations missed; Labor Ministry to decide

The tripartite Labor Advisory Committee (LAC) on Monday missed its provisional deadline to decide on a new minimum wage for the garment sector, with employers and trade unions making little progress in coming to an agreement. ...

Khuon Narim
https://www.cambodiadaily.com/news/deadline-for-wage-negotiations-missed-labor-ministry-to-decide-96513/

Cambodia set to benefit as India ‘acts East’

India is set to bring new development opportunities to Cambodia as it challenges China’s established influence in Southeast Asia, experts say.   ...

Tej Parikh
https://www.cambodiadaily.com/news/cambodia-set-to-benefit-as-india-acts-east-103619/

New youth-oriented political party launches

A former garment worker announced plans on Thursday to launch a political party focused on alleviating the problems faced by Cambodia’s youth, targeting what he says is a lacuna in current policy.   ...

Khy Sovuthy and Anthony Jensen
https://www.cambodiadaily.com/news/new-youth-oriented-political-party-launches-103850/

New tourism strategy to focus on Chinese market

A new five-year plan is being drafted to woo more Chinese tourists to the Kingdom, following a surge in visitors from the world’s most populous nation, Tourism Minister Thong Khon said yesterday. /Sum Manet ...

Sum Manet
http://www.khmertimeskh.com/news/20580/new-tourism-strategy-to-focus-on-chinese-market/

Third undersea cable to plug kingdom into data fast lane

The government has contracted the private sector to build a third submarine communications cable linking Cambodia to a major international telecommunications artery in a bid to significantly increase internet speed while helping to bring down prices. ...

Sor Chandara
http://www.phnompenhpost.com/business/third-undersea-cable-plug-kingdom-data-fast-lane

Australian gaming company probed for Cambodia payment

Australian gaming firm Tabcorp on Tuesday confirmed that it was under investigation by Australian police over a possible bribe it paid in 2009 to a Cambodian consultancy connected to a sister of Prime Minister Hun Sen. ...

Zsombor Peter and Khuon Narim
https://www.cambodiadaily.com/news/australian-gaming-company-probed-for-cambodia-payment-109949/

Cambodia, Japan exchange views on Korean Peninsula issue

Cambodian Foreign Minister, Hor Namhong, and visiting Japanese Parliamentary Vice-Minister for Foreign Affairs, Masakazu Hamachi, on Monday in Phnon Penh exchanged views on the Korean Peninsula nuclear issue. កម្ពុជា, ជប៉ុនផ្លាស់ប្តូរទស្សនៈគ្នាលើបញ្ហានៅឧបទ្វីបកូរ៉េ  ...

Agency Report
http://leadership.ng/news/510972/cambodia-japan-exchange-views-korean-peninsula-issue

Tourism a key revenue generator for SMEs

Cambodia’s small- and medium-sized enterprises (SMEs) earned $1.9 billion in revenue last year from the tourism sector, and could increase this amount further by reducing imports, an industry spokesman said yesterday.   ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/tourism-key-revenue-generator-smes

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