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Cambodian-American naval officer pleads guilty

Nearly four decades after fleeing Cambodia as a child, a tearful Michael Vannak Khem Misie­wicz returned to his home country in De­cember 2010 on the U.S. Navy guid­ed-missile destroyer he commanded; his fall from grace has been equally dramatic. ...

George Wright
https://www.cambodiadaily.com/news/cambodian-american-naval-officer-pleads-guilty-106934/

Nagacorp casino profits swell to $173M

Cambodian casino operator NagaCorp Ltd. posted a net profit of $172.6 million last year, a 27 per cent increase over the previous year, attributing the surge to increased business volume across all gaming segments at its NagaWorld casino complex in Phnom Penh. ...

Cam McGrath
http://www.phnompenhpost.com/business/nagacorp-casino-profits-swell-173m

Preah Vihear blaze razes timber

A blaze authorities have attributed to a forest fire ripped through a nearly 4,000-cubic-metre timber stockpile on a social land concession in Preah Vihear’s Kulen district on the weekend, although the company yesterday said it suspected a case of arson. ...

Phak Seangly
http://www.phnompenhpost.com/national/preah-vihear-blaze-razes-timber

Hun Manet inaugurates Areng valley schools

Prime Minister Hun Sen’s son Hun Manet inaugurated four primary schools in Koh Kong province’s Areng Valley on Monday, along with the head of a group known as the Cambodia Youth Movement 157, which donated the schools, a local official said on Tuesday. ...

Khoun Narim
https://www.cambodiadaily.com/news/hun-manet-inaugurates-areng-valley-schools-109283/

Under fire, rice federation vows action

A week after an alliance of millers and exporters criticized the Cambodia Rice Federation (CRF) for its inaction in the face of the sector’s possible collapse, the federation Wednesday announced the formation of a new task force to manage challenges facing its members. ...

Kang Sothear
https://www.cambodiadaily.com/news/under-fire-rice-federation-vows-action-109691/

Organics finding a following

As Phnom Penh sees a sprouting of organic grocery stores across the city, the newest entrant in the market says it will go a step further and sell chemical-free pesticides to farmers to encourage the growing trend of organic products and farming techniques. ...

Ayanna Runcie
http://www.phnompenhpost.com/business/organics-finding-following

Government unaware of at least 128 orphanages, report says

The government was unaware of about half of the residential child care centers operating in four provinces and Phnom Penh prior to a study conducted last year, according to a report released on Thursday. ...

Buth Kimsay and Sonia Kohlbacher
https://www.cambodiadaily.com/news/110401-110401/

Armed soldiers storm forestry office to retake truck

A group of 10 armed soldiers stormed a Forestry Administration office in Oddar Meanchey province on Monday and attempted to seize a military truck that had been confiscated from them after they used it to transport illegal timber, leading to an hourslong standoff, officials said.​ ...

Saing Soenthrith
https://www.cambodiadaily.com/news/armed-soldiers-storm-forestry-office-to-retake-truck-110515/

Government waives 10 percent VAT for rice

The government decided to drop a 10 percent value added-tax (VAT) for rice products during a meeting on Wednesday between representatives of the rice sector and government officials at the Council for the Development of Cambodia in Phnom Penh, officials said.   ...

Kang Sothear
https://www.cambodiadaily.com/news/government-waives-10-percent-vat-for-rice-110676/

Water authority announces $3 mil dividend

State-owned Phnom Penh Water Supply Authority (PPWSA), one of three companies listed on the stock exchange, will pay out more than $3 million in dividends for 2015 on April 18, a 50 percent increase on 2014, reflecting its improved performance, company officials said. ...

May Kunmakara
http://www.khmertimeskh.com/news/23339/water-authority-announces--3-mil-dividend/

New human rights czar defends government against ‘darkness’

As protesters were being arrested during peaceful demonstrations in Phnom Penh on Monday morning, the new chairman of the government’s human rights committee held a press conference to reassure the public that the country’s human rights situation was stable.   ...

Sek Odom
https://www.cambodiadaily.com/news/new-human-rights-czar-defends-government-against-darkness-112386/

Ambassador to Australia faces graft claims

Cambodia’s ambassador to Australia was told by the Ministry of Foreign Affairs on Wednesday to respond to allegations that he and his staff have been illegally selling large quantities of tax-exempt alcohol and tobacco to a store in Melbourne.   ...

Khy Sovuthy and Taylor O'Connell
https://www.cambodiadaily.com/news/ambassador-to-australia-faces-graft-claims-112488/

Thai SEZ eyes Cambodia

The Thai government plans to build a special economic zone (SEZ) worth about $141.6 million in Sa Kaeo, which borders the Kingdom’s Banteay Meanchey and Battambang provinces, to serve SMEs that aim to expand their business into Cambodia, according a Thai media report. ...

Sum Manet
http://www.khmertimeskh.com/news/25858/thai-sez-eyes-cambodia/

More money needed to probe thumbprints

A senior Interior Ministry official tasked with investigating the 170,000 thumbprints submitted in support of a CNRP petition to the king said on Thursday he had received samples of the prints but would be unable to proceed with his work without more money. ...

Sek Odom
https://www.cambodiadaily.com/news/more-money-needed-to-probe-thumbprints-113912/

GTI announces 2015 dividend payout

Garment manufacturer Gran d Twins International (GTI) will pay out a reduced cash dividend for 2015 as a result of net profits dropping by 70 per cent last year compared to 2014, the company said yesterday in a filing to the Cambodian Securities Exchange (CSX). ...

Post Staff
http://www.phnompenhpost.com/business/gti-announces-2015-dividend-payout

Graft hindering fight against human trafficking, report says

Widespread corruption among government officials is thwarting Cambodia’s efforts to combat human trafficking, the U.S. State Department said in an annual assessment that upgraded the country’s ranking, but found that it still failed to meet minimum standards.   ...

Sonia Kohlbacher
https://www.cambodiadaily.com/news/graft-hindering-fight-against-human-trafficking-report-says-114944/

Voter registration lags with 12 days remaining

Election officials toured the country during this week’s Water Festival holiday to investigate a recent sharp drop-off in the pace of voter registrations, but no glaring issues were found, a National Election Committee (NEC) spokesman said on Wednesday.   ...

Kuch Naren
https://www.cambodiadaily.com/news/voter-registration-lags-12-days-remaining-120644/

Unions want meet with Minister to discuss Labor Law problems

While stakeholders have lauded the government’s move to establish a bond market, in a bid to raise more funds from domestic sources, they, however, expressed concern that not enough has been done to inform the public on how debt security can support government spending. ...

Mom Kunthear
http://www.khmertimeskh.com/news/35275/unions-want-meet-with-minister-to-discuss-labor-law-problems/

Industry leaders voice concern over sky-high cost of electricity

Private sector industry leaders speaking at an investment conference yesterday in the capital railed on the high cost of electrical power, which they said was sapping their competitiveness, while state officials offered assurances that state-backed power generation schemes would soon bring prices down. ...

Kali Kotoski
http://www.phnompenhpost.com/business/industry-leaders-voice-concern-over-sky-high-cost-electricity

Fine arts university to relocate

The government will spend at least $12 million to relocate the Royal University of Fine Arts (RUFA) and build a cultural center on four hectares of land in Chroy Changvar district, while the old university buildings will be used to expand the National Museum. ...

Pech Sotheary
http://www.khmertimeskh.com/news/36128/fine-arts-university-to-relocate/

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