Rubber prices could rise
Rubber prices on the global commodities market are expected to rise to $2,500 per ton due to the improved state of the world economy and efforts by four major rubber producing countries – Vietnam, Thailand, Indonesia and Malaysia – to cut back supply, according to ...
Sok Chan
http://www.khmertimeskh.com/news/32511/rubber-prices-could-rise/
White Building dwellers told to vote CPP for speedy eviction deal
A day before Land Management Minister Chea Sophara was scheduled to meet residents of Phnom Penh’s iconic White Building, the locale’s village chiefs promised to find a quick solution to the residents’ impending eviction – if the ruling Cambodian People’s Party fared well in the ...
Sen David and Ananth Baliga
http://www.phnompenhpost.com/national/white-building-dwellers-told-vote-cpp-speedy-eviction-deal
Age is no barrier for candidates
Parties competing in the commune elections are pinning their hopes on young candidates winning the popular vote. Nhek Bun Chhay, president of the Khmer National United Party, said his party is focusing on youth candidates, with people aged between 25 and 32 making up 40 percent ...
Khy Sovuthy
http://www.khmertimeskh.com/news/38910/age-is-no-barrier-for-candidates/
Minister scolds Thai outlets
Cambodia’s Ministry of Defence has demanded an apology from Thai media outlets for reports linking Defence Minister Tea Banh to a recent case of alleged cross-border arms smuggling by a Thai air force officer, one which has also ensnared an official from Cambodia’s Interior Ministry ...
Niem Chheng and Shaun Turton
http://www.phnompenhpost.com/national/minister-scolds-thai-outlets
Relocation land not cleared
Over 1,000 hectares of agricultural land granted as compensation to more than 300 ethnic Lao families displaced from Sre Kor village in Stung Treng province by the Lower Sesan II dam project have not been cleared for cultivation, threatening the families with a food shortage, ...
Phak Seangly
http://www.phnompenhpost.com/national/relocation-land-not-cleared
Proposed rice storage facility to boost capacity
A proposal for a massive warehouse and silo that has attracted two Chinese investors aims to fill the Kingdom’s conspicuous gap in paddy rice storage capacity, which still falls 60 percent short of the level needed for the country to achieve its goal of 1 ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/proposed-rice-storage-facility-boost-capacity
News anchor draws ire for saying women should ‘not resist’ rape
A local television presenter is facing heavy criticism for an inflammatory on-air suggestion that rape victims should not resist their attackers, and should instead accept sexual assault to avoid being killed – a reference to a brutal rape and murder of an 18-year-old woman in ...
Kong Meta and Ananth Baliga
http://www.phnompenhpost.com/national/news-anchor-draws-ire-saying-women-should-not-resist-rape
Sihanoukville facing a trash crisis
Sihanoukville officials are scrambling to figure out how they will collect rubbish throughout the city – one of the top tourism destinations in the country – if waste management firm Cintri makes good on a recent threat to halt services on September 14, raising concerns ...
Soth Koemsoeun
http://www.phnompenhpost.com/national/cambodia-laos-set-border-committee
No rallies for Sokha trial, says ministry
The Ministry of Interior has said it will not allow any demonstrations in front of the Supreme Court during a hearing on Thursday to decide if the opposition CNRP will be dissolved, while the Koh Kong provincial governor’s office warned it will prevent residents from ...
Kong Meta and Andrew Nachemson
http://www.phnompenhpost.com/national/no-rallies-sokha-trial-says-ministry
Business Insider: Boosting inclusion for online payment at Pi Pay
While Cambodia remains a largely cash-based society, the market for financial technology has begun to expand through online payment services and mobile e-wallets like Pi Pay. The Post’s Robin Spiess sat down with Pi Pay CEO Tomas Pokorny to discuss the future of economic digitisation in the Kingdom. ...
Robin Spiess
http://www.phnompenhpost.com/business/business-insider-boosting-inclusion-online-payment-pi-pay
Guideline on establishing Community Natural Resource Conservation Alliance
On December 8, 2017, the Minister of Environment signed a guideline for establishing the Community Natural Resource Conservation Alliance as a mechanism contributes to improving the protection and conservation of natural resources and biodiversity in the Kingdom of Cambodia and enhancing co-operation and effectiveness between ...
Ministry of Environment
EU firm sets plan for local rubber factory
Socfin Cambodia, the local branch of a Europe-based international rubber producing company that currently operates a 7,500-hectare rubber plantation in Mondulkiri, has announced plans to open the doors to its first rubber factory next April, with an initial investment of $5.7 million, a company executive ...
Hor Kimsay
http://www.phnompenhpost.com/business/eu-firm-sets-plan-local-rubber-factory
Japan to donate 140 buses
Japan will donate more than 100 buses to the Cambodian government over the next two years, according to City Hall. City Hall spokesman Met Measpheakdey said the Japanese government was donating 140 buses, the first 80 of which would arrive in April. He said the ...
Mom Kunthea
http://www.khmertimeskh.com/50101012/japan-donate-140-buses/
PM vows to halt surprise factory closings
Prime Minister Hun Sen on Wednesday pledged his commitment to preventing garment factory owners from escaping their obligations to workers by closing their factories without warning, even as the current lack of a formal system for dealing with such situations has left at least one ...
Yon Sineat
https://www.phnompenhpost.com/national/pm-vows-halt-surprise-factory-closings
Greater riel use could boost foreign reserves
When Cambodia began accumulating foreign reserves in 1997 – after it switched from a centrally planned market to an open economy – the central bank deposited the $276 million it had saved at the Federal Reserve Bank of New York and allowed it to manage ...
Riel Gains
http://www.khmertimeskh.com/news/36512/greater-riel-use-could-boost-foreign-reserves/
Warning on Vietnamese pork
The public has been warned not to eat pork from Vietnam after an outbreak of a serious disease in pig farms across the border. The Agriculture Ministry’s department of animal health and production is enforcing additional precautionary measures to ensure contaminated pork from Vietnam does not ...
Pech Sotheary
http://www.khmertimeskh.com/news/36702/warning-on-vietnamese-pork/
Sathapana Bank secures $50M to scale up
Sathapana Bank Plc has received a hefty $50 million bilateral loan from the Bangkok branch of Mizuho Bank, a subsidiary of one of Japan’s largest financial institutions, in a move that banking insiders say will help the newly consolidated bank expand its lending portfolio as ...
Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/sathapana-bank-secures-50m-scale
Roadside families promised plots
Phnom Penh City Hall has said it will hold a public forum within two weeks on plans to develop a road on a disused stretch of railway in Russey Keo district. Locals from six communities have been protesting the development plans for the past few months ...
Pech Sotheary
http://www.khmertimeskh.com/news/38701/roadside-families-promised-plots/
Raising doubts over ruling party support, villagers complain of lack of roads
It’s been almost a year since families in Khaob village have had a road connecting their homes to the outside world. New construction has blocked the old village road, and villagers say they are “very angry” after complaints to the local authority, controlled by the ...
New rules for digital payments
The central bank has issued new regulations governing the licensing of payment services providers (PSPs), requiring that all firms providing online services to accept electronic payments have at least $2 million in registered capital, a move expected to increase the stability of the sector and ...
Hor Kimsay and Matthieu de Gaudemar
http://www.phnompenhpost.com/business/new-rules-digital-payments