US to provide $125M for Acleda financing
The Overseas Private Investment Corporation (OPIC), the US government’s development financial institution, signed a commitment letter for $125 million direct loan to Acleda Bank to support all sectors through microenterprises and small- and medium-size enterprises (SMEs), Acleda Bank said in a press release yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/us-provide-125m-acleda-financing
Cambodian land concessions deepen poverty, report says
Cambodian land concessions granted to companies last year affected nearly 80,000 people, displacing many of them and increasing poverty, the NGO Forum on Cambodia says in a new report. ...
Hean Socheata
http://www.voanews.com/content/cambodian-land-concessions-deepen-poverty-report-says/2974456.html
Truckers petition Hun Sen for import tax cut
More than 400 truck owners and drivers gathered in Phnom Penh on Monday to ask Prime Minister Hun Sen’s cabinet to help them secure tax breaks and keep driving their illegal right-hand-drive vehicles, but were turned away and asked to come back with more documentation. ...
Ben Sokhean
https://www.cambodiadaily.com/news/truckers-petition-hun-sen%E2%80%88for-import-tax-cut-99099/
Laws forcing civil society donors to adapt
Legal restrictions on funding for civil-society – like Cambodia’s much-maligned NGO Law – are on the rise globally, a report by the Carnegie International Endowment for Peace has warned, putting international donors in the position of having to adapt to a backlash against democracy promotion. ...
Zoe Holman
http://www.phnompenhpost.com/national/laws-forcing-civil-society-donors-adapt
Takeo factory dispute negotiations prove fruitless
Unionists, factory representatives and Labor Ministry officials on Thursday failed to find a solution for about 1,600 employees of a garment factory in Takeo province who were fired for striking last month, and the case will be passed along to the Arbitration Council, a ministry ...
Sek Odom
https://www.cambodiadaily.com/news/takeo-factory-dispute-negotiations-prove-fruitless-100231/
CNRP lawyer argues for attempted murder
A lawyer for CNRP lawmakers Nhay Chamroeun and Kong Saphea, who were severely beaten on October 26 in front of the National Assembly, filed a new complaint with the Phnom Penh Municipal Court on Monday asking that those arrested for the crime be charged with ...
Mech Dara
https://www.cambodiadaily.com/news/cnrp-lawyer-argues-for-attempted-murder-102347/
Delay on delivery of planes to Sky Angkor
Sky Angkor Airlines said yesterday that a plan to lease two Sukhoi SuperJet 100 aircraft from a Russian airline has been postponed, as the company has to sort out regulatory issues such as which aviation authority would be responsible in the event of a mishap. ...
Sor Chandara
http://www.phnompenhpost.com/business/delay-delivery-planes-sky-angkor
Cambodia’s new casino bill faces likely delay: report
A bill to regulate the management of Cambodia’s casino industry could be approved by the country’s National Assembly (pictured) in the first quarter of 2016, reported the Khmer Times newspaper, quoting an official from the Ministry of Economy and Finance. ...
GGRAsia News Staff
http://www.ggrasia.com/cambodias-new-casino-bill-faces-likely-delay-report/
Highland project launches land sales
The Highland De’ Canal project on the northern outskirts of the capital has launched its land sales on its 100 hectare side, with the first phase of sales offering 36 hectares at $80 to $90 per square meter, Khing Vannak, a major shareholder in the ...
Sum Manet
http://www.khmertimeskh.com/news/21603/highland-project-launches-land-sales/
Voters give government mixed marks
Just a quarter of Cambodian voters are fully satisfied with the government’s efforts to deliver on its promises thus far in the fifth mandate, though more than half rated themselves partly so, according to the results of a nationwide survey conducted by election watchdog Comfrel. ...
Vong Sokheng
http://www.phnompenhpost.com/national/voters-give-government-mixed-marks
Gov’t to revoke public servants’ service passports
The Ministry of Foreign Affairs has announced that all Cambodian public servants will have their service passports revoked once their missions abroad have been completed, in what appears to be an attempt to halt the practice of officials selling their documents to citizens attempting to ...
Ven Rathavong
http://www.khmertimeskh.com/news/22408/gov---t-to-revoke-public-servants----service-passports/
Court releases activist, former capitol tours bus driver on bail
Former Capitol Tours bus driver Nan Vanna and labor activist Ros Siphay were released on bail Wednesday, nearly two months after they were arrested for taking part in a demonstration against the company during which protesters were attacked by a mob of angry tuk-tuk drivers. ...
Border troops on standby after threat from Laos
Cambodian soldiers in Stung Treng province have been placed on standby following threats of violence by Laotian authorities due to a dispute over Laos’ attempt to construct a military base near a stretch of undemarcated border, a spokesman for the provincial government said on Friday. ...
Ben Sokhean
https://www.cambodiadaily.com/news/border-troops-on-standby-after-threat-from-laos-111057/
NGOs targeted over mistress’ lies
Police will investigate a number of NGO workers who government officials say were involved in the false testimony of Khom Chandaraty, the alleged mistress of opposition acting president Khem Sokha, after Ms. Chandaraty published an open letter accusing the officials of encouraging her to lie ...
Taing Vida
http://www.khmertimeskh.com/news/24168/ngos-targeted-over-mistress----lies/
School budgets to be used to buy water
In an attempt to solve the water shortages plaguing schools across the country, the Minister for Education advised all schools to use money from their own budgets to buy water, despite some schools saying they do not have the funds to do so. ...
Mom Kunthear
http://www.khmertimeskh.com/news/24540/school-budgets-to-be-used-to-buy-water/
Tension builds before next ‘black Monday’
Security forces including riot police were deployed to Phnom Penh’s Borei Keila neighborhood on Tuesday to keep a watchful eye over activists in the area, as rights groups, undeterred by arrests of eight protesters on “Black Monday,” began planning next week’s demonstration. ...
Ben Sokhean and George Wright
https://www.cambodiadaily.com/news/tension-builds-before-next-black-monday-112432/
Ministry explains tax hikes on heavy transportation vehicles
The Ministry of Economy and Finance on Monday sought to explain a recent hefty increase in taxes imposed on heavy transportation vehicles, saying it was prompted by a need to support infrastructure maintenance expenditures and cover the elimination of taxes on vehicles smaller than 150cc. ...
Lay Samean
http://www.phnompenhpost.com/national/ministry-explains-tax-hikes-heavy-transportation-vehicles
Centre eyes potatoes for a changing diet
Cambodia’s first experimental farm and research centre for potato cultivation opened yesterday as experts confirmed that the Kingdom’s soils are suitable for the starchy tuber – raising hopes that local crops could one day satisfy the fast-food cravings that have put potatoes in high demand. ...
Hor Kimsay
http://www.phnompenhpost.com/business/centre-eyes-potatoes-changing-diet
Cambodia aims to reduce Dollarization
Cambodia has designed strategies to give the Riel a boost to reduce dollarization, which represents about 80 percent of currencies circulated in the country, the Central Bank’s senior officials said Tuesday. ...
Xinhua team
http://www.khmertimeskh.com/news/16274/cambodia-aims-to-reduce-dollarization/
Firm offers to find jobs for cheated migrants
A recruitment company has offered to help find employment in Thailand for a group of migrant workers who have accused another firm of cheating them out of hundreds of dollars each and leaving them at the Thai border last week, the company’s director said Wednesday. ...
Buth Kimsay
https://www.cambodiadaily.com/news/firm-offers-to-find-jobs-for-cheated-migrants-96050/