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Cambodia, China sign new MoU on money laundering

Cambodia and China last week signed an agreement to exchange financial intelligence to combat money laundering and terrorism financing, though experts said the Kingdom should still be doing more to tackle an issue that has long persisted in the country, in part, due to local ...

Yesenia Amaro
http://www.phnompenhpost.com/national/cambodia-china-sign-new-mou-money-laundering

PM puts fake Hun Sen FB accounts on notice

Prime Minister Hun Sen yesterday took to the unruly world of social media in an effort to impose some order, at least where his own name is concerned. ...

Pech Sotheary
http://www.phnompenhpost.com/national/pm-puts-fake-hun-sen-fb-accounts-notice

Chinese firm intends to list on CSX in 2016

Hong Kong-based developer Eastland Development (HK) Ltd has expressed interest in listing on Cambodia’s stock exchange within a year.Sam Yang, the company’s chief executive, said during a recent company promotional event that Eastland is working with a local underwriter to prepare to float shares on ...

Sor Chandara
http://www.phnompenhpost.com/business/chinese-firm-intends-list-csx-2016

Illegal loggers hard at work on Mondolkiri luxury timber

Authorities in Mondolkiri province seized three vehicles packed with illegally logged luxury timber at separate locations inside the Snuol Seima Biodiversity Conservation Area in the space of two hours Saturday night but failed to apprehend any of the drivers. ...

Ben Sokhean
https://www.cambodiadaily.com/news/illegal-loggers-hard-at-work-on-mondolkiri-luxury-timber-101448/

Prime-time ban on foreign productions from new year

The directive banning the screening of foreign films during the prime-time slot at Cambodia-based television stations will move ahead and be more strictly enforced from January 1, according to the Information Ministry. ...

Chea Vannak
http://www.khmertimeskh.com/news/18953/prime-time-ban-on-foreign-productions-from-new-year/

Unions meet with lawmakers, raise concerns on draft law

Union leaders raised their concerns with a draft law aiming to regulate their activities—including a provision that they must report their finances every year—during their first meeting with CPP lawmakers on a new bipartisan committee formed to review the controversial bill before it goes to ...

Sek Odom and Zsombor Peter
https://www.cambodiadaily.com/news/unions-meet-with-lawmakers-raise-concerns-on-draft-law-104126/

Hun Sen names date for vote on new cabinet

Prime Minister Hun Sen on Thursday said the National Assembly would vote on his proposed cabinet reshuffle on April 4 and that he was keeping the details under wraps until then, as his last two shakeups were leaked before he wanted them known. ...

Kuch Naren
https://www.cambodiadaily.com/news/hun-sen-names-date-for-vote-on-new-cabinet-110054/

Old debt on agenda for PM’s Russia visit

Prime Minister Hun Sen will attempt to renegotiate the $1.5 billion of Soviet-era debt Cambodia accrued during the 1980s when he visits Russia in May, according to a post on the premier’s Facebook page.   ...

Vong Sokheng
http://www.phnompenhpost.com/national/old-debt-agenda-pms-russia-visit

Treasury sets sights on CLMV countries for coin minting

As Thailand is surrounded by neighbouring countries that only circulate banknotes, the Royal Thai Mint is eyeing Cambodia, Laos, Myanmar and Vietnam (CLMV) for its regional expansion plan. Deputy director-general of the Treasury Department Werawut Sripaoraya said that officials would tour Laos and Cambodia this year ...

Kang Soon Chen
http://www.nationmultimedia.com/business/Treasury-sets-sights-on-CLMV-countries-for-coin-mi-30283175.html

Timber smuggling on the rise in Cambodia's Ratanakiri province

The smuggling of illegally cut timber from northeastern Cambodia’s Ratanakiri  province to Vietnam has dramatically increased since around April 17, with smugglers traveling the roads between the two countries day and night, sources in the region say. ...

RFA Team
http://www.rfa.org/english/news/cambodia/timber-04262016170028.html

Protesters to march on ACU despite city hall ban

Activists organizing a protest march to the Phnom Penh headquarters of the Anti-Corruption Unit (ACU) say they will continue with their plans despite City Hall’s decision on Thursday to reject their request.   ...

Ben Sokhean
https://www.cambodiadaily.com/news/protesters-to-march-on-acu-despite-city-hall-ban-112240/

Russian crude oil imports not on refinery’s wishlist

Russia is looking to expand its crude oil exports to ASEAN countries – including Cambodia – despite the Kingdom being years away from having refinery capabilities. ...

Kali Kotoski
http://www.phnompenhpost.com/business/russian-crude-oil-imports-not-refinerys-wishlist

Cambodia heaps praise on U.S.-Vietnam climate accord

Officials and environmentalists have congratulated Vietnam and the United States on a recent climate changed agreement signed between the two former adversaries, saying the co-operation will have a positive impact on mitigating the effects of the phenomenon in the region. ...

Phorn Bopha
http://www.voacambodia.com/a/cambodia-heaps-praise-on-us-vietnam-climate-accord/3347270.html

Former Goldman Prize winner on bridging business-environmentalist divide

 Tuy Sereivathana sits at his desk transfixed by the glow of his computer screen. On the walls of the envirOnmentalist’s modest office are hung pictures of rare species of plants and animals found in the Cardamom Mountains, One of Cambodia’s few remaining wildernesses. ...

Nov Povleakhena
http://www.voacambodia.com/a/former-goldman-prize-winner-on-bridging-business-environementalist-divide/3377488.html

Officials on run after journalist reports threats, illegal timber

A reporter in Mondulkiri province who climbed a mango tree to look into a police official’s compound for a rumored stash of illegal timber over the weekend says he was later detained and threatened with a beating. ...

Ben Sokhean
https://www.cambodiadaily.com/news/officials-on-run-after-journalist-reports-threats-illegal-timber-115055/

Announcement on Archiving Open Development Cambodia 's old site

Open Development Cambodia (ODC) is in the progress of archiving the old website “opendevelopmentcambodia.net” by moving it to the new address at “archive.opendevelopmentcambodia.net”. Once the process is entirely completed, the address “www.opendevelopmentcambodia.net” will be re-used to replace “https://opendevelopmentcambodia.net/” as the Only official website address of ...

ASEAN deadlocked on South China Sea, Cambodia blocks statement

Southeast Asian nations failed to agree on maritime disputes in the South China Sea on Sunday after Cambodia blocked any mention to an international court ruling against Beijing in their statement, diplomats said. ...

Manuel Mogato and Michael Martina
http://www.reuters.com/article/us-southchinasea-ruling-asean-idUSKCN1040GK

Interior Ministry report boasts of crackdown on political protests

Besieged by color revolutionaries, agitators and criminal politicians, the Interior Ministry kept the country safe from encroaching instability—at least, that was the ministry’s boast on Wednesday at its annual meeting. ...

Khuon Narim
https://www.cambodiadaily.com/news/interior-ministry-report-boasts-of-crackdown-on-political-protests-125669/

Election rallies banned on Phnom Penh’s major streets

Reacting to criticism from the CNRP and other organizations, Cambodia’s top election body on Sunday defended its support of a ban on election marches along prominent public areas of Phnom Penh, saying it was for public safety. ...

Ouch Sony and Ben Paviour
https://www.cambodiadaily.com/news/election-rallies-banned-on-phnom-penhs-major-streets-129208/

China’s squeeze on capital outflow felt in Cambodia

Stringent capital controls imposed by China’s central bank last November that scrutinise the outbound flow of money from the mainland have created uncertainty for Chinese investors looking at the Cambodian market and could jeopardise future and existing projects. ...

Kali Kotoski and Brian Ng
http://www.phnompenhpost.com/business/chinas-squeeze-capital-outflow-felt-cambodia

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