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RCEP offering Cambodia platform for structural transformation

The Regional Comprehensive Economic Partnership (RCEP) is offering the Kingdom an ideal platform for economic structural transformation, a study carried out by a leading economic research institute has found. ...

Sreekanth Ravindran
https://www.khmertimeskh.com/501381922/rcep-offering-cambodia-platform-for-structural-transformation/

Petrol firms told to open books

Cambodia’s petrol retailers have been ordered by the government to hand over import information and financial records in what looks to be the first steps toward installing fuel-price legislation. The Ministry of Mines and Energy (MME) announced publicly yesterday via state-owned media Agence Kampuchea Presse (AKP) ...

Eddie Morton
http://www.phnompenhpost.com/business/petrol-firms-told-open-books

Villagers call for state electricity

About 200 protesters clamoured yesterday in front of a Kandal province commune chief’s office, demanding the state take control of providing their electricity. Yong Phany, a 32-year-old protester from Ang Snuol district’s Poeuk commune said Peoun Sambat, the private company contracted to provide electricity to the ...

http://www.phnompenhpost.com/2013062166410/National/villagers-call-for-state-electricity.html

Motorcycles, Money Offered to SEZ Victims

Bavet city officials ordered a deputy village chief to offer two victims of the Feb. 20 shooting in Svay Rieng province cash or a motorcycle in return for them not filing a court complaint against the man who shot them inside a special economic zone. ...

MFI deposits seen growing

The value of deposits with Cambodia’s 31 microfinance institutions grew more than 96 per cent in the first nine months of the year compared to last year, a rise industry experts say is due to the political stability and economic growth of the Kingdom. Official data ...

http://www.phnompenhpost.com/index.php/2012110859631/Business/mfi-deposits-seen-growing.html

Acleda seeks bidders for ATM drive

Cambodia’s largest commercial bank, Acleda, plans to install 30 automatic teller machines (ATMs) this year as the bank expects about a million new depositors during the coming year. Acleda president and chief executive In Channy told the Post yesterday additional ATMs would be installed in Phnom ...

http://www.phnompenhpost.com/2013030461728/Business/acleda-seeks-bidders-for-atm-drive.html

Ahead of Titling, Hun Sen Urges Swift Resolution to Land Disputes

Prime Minister Hun Sen yesterday urged people to resolve their own land disputes to aid the progress of an ambitious land-titling project announced earlier this month. Speaking at an event in Kompong Cham province’s Kroch Chhmar district to mark National Fish Day, Mr. Hun Sen thanked ...

SME Bank ‘must relax its criteria for loans’

THE President of the Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) Te Taingpor has requested the SME Bank of Cambodia and participating financial institutions to extend the payment period of the SME Co-Financing Scheme from four to six years and take ...

Sok Chan
https://www.khmertimeskh.com/50720985/sme-bank-must-relax-its-criteria-for-loans/

Satellite system will save fuel and routes

Phnom Penh International Airport’s navigation system will be upgraded today with the installment of a new satellite-based system that aims to improve efficiency and reduce fuel usage, an aviation official said. Chhun Sivorn, director of the Air Navigation Standards and Safety Department of the State Secretariat ...

http://www.phnompenhpost.com/business/satellite-system-will-save-fuel-and-routes

Judicial laws put independence of courts in jeopardy

Three constitutionally mandated judicial laws would adversely affect the independence of the courts if they are passed in their current draft state, legal experts warned on Friday. Draft versions of the Law on the Organization and Functioning of the Supreme Council of the Magistracy, the Law ...

Lauren Crothers
http://www.cambodiadaily.com/news/judicial-laws-put-independence-of-courts-in-jeopardy-58942/

Increased Chinese rice exports MoU to be signed at 2nd BRF

Prime Minister Hun Sen is set to sign a memorandum of understanding (MoU) on increased rice quotas with China at the 2nd Belt and Road Forum for International Cooperation in Beijing, according to a statement on Wednesday from the Ministry of Commerce. Minister of Commerce ...

Hin Pisei
https://www.phnompenhpost.com/business/increased-chinese-rice-exports-mou-be-signed-2nd-brf

Terror used as pretext: report

Cambodia has been named among states accused of using counter-terrorism measures to clamp down on human rights and civil society in a report released this week by the United Nations’ special rapporteur on human rights and counter-terrorism.Speaking in New York on Monday, the British rapporteur ...

Zoe Holman
http://www.phnompenhpost.com/national/terror-used-pretext-report

Japan firms link up to offer leasing

Rent Japan Group Inc, a publicly listed Japanese company that specializes in the recycling and reuse of consumer products, will establish a joint venture with a Japanese financial services firm to launch a new leasing company in Cambodia, it said in a filing yesterday to ...

Kali Kotoski
http://www.phnompenhpost.com/business/japan-firms-link-offer-leasing

Rubber firm is felling state forest: villagers

Villagers who confiscated land-clearing equipment during a forest patrol yesterday in Khsuem commune in Kratie province’s Snuol district are claiming the equipment belongs to a rubber concessionaire attempting to expand into state land, an allegation local authorities denied. Villager representative Mom Sokkin said the Binh ...

http://www.phnompenhpost.com/2013032664681/National/rubber-firm-is-felling-state-forest-villagers.html

Cost of state healthcare announced

According to a Labor Ministry prakas, or official statement, both employers and employees will be responsible for paying 1.3 percent of an employees’ monthly salary to the government for state-supplied health insurance guaranteed to all workers under the Labor Law. ...

Mom Kunthear
http://www.khmertimeskh.com/news/26176/cost-of-state-healthcare-announced/

After Deadly Factory Collapse, Safety Improvements Scarce

On May 16, immediately after the ceiling of a shoe factory collapsed in Kompong Speu province, leaving two people dead, promises were made to prosecute those responsible for the tragedy and to conduct a nationwide in­spection of all factories. “We will have a committee investigate clearly ...

http://www.cambodiadaily.com/news/after-deadly-factory-collapse-safety-improvements-scarce-39041/

US, Cambodia Agree to Explore Investment Pact

U.S. Trade Representative Ron Kirk announced Friday that the U.S. and Cambodia have agreed to explore the creation of a bilateral investment treaty that would regulate the rules of foreign direct investment between the two countries, the U.S. Embassy said in a statement. According to the Embassy, such a treaty ...

PM appeals for the end of lax standards

While offering no concrete solutions to the issue, Prime Minister Hun Sen yesterday appealed for graduating engineers to be aware of generally lax building standards that could have a long-term impact on public safety. Much of Cambodia’s infrastructure was redeveloped after the civil war, and ...

May Titthara
http://phnompenhpost.com/national/pm-appeals-end-lax-standards

UN rights expert appeals for calm amid violence in Cambodia

United Nations rights envoy for Cambodia Surya Subedi on Wednesday urged all sides to immediately exercise utmost calm and restraint in the wake of alarming reports of violence following opposition protests in Phnom Penh on Tuesday. “Democracy depends on respect, not violence,” he said in a ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=230177

Landmines kill 41 Cambodians, injuring 121 others in 10 months

Cambodia on Monday recorded 162 landmine casualties in the first ten months of this year, down 4 percent from 155 casualties at the same period last year, showed a report from the Cambodian Mine and Explosive Remnants of War Victim Information System. The report said that ...

http://news.xinhuanet.com/english/world/2012-12/03/c_132016467.htm

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