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Flood warnings for Mekong

Heavy rains may cause dangerous flooding along the upper parts of the Mekong River in Cambodia in the coming days, a senior official at the Ministry of Water Resources and Meteorology warned yesterday. Mao Hak, deputy director of technical works at the Department of Hydrology and ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/flood-warnings-mekong

ICT federation launched in Cambodia

The Information and Communications Technology (ICT) Federation was inaugurated here on Thursday with an aim to advance Cambodia to a digital age, officials said. Speaking at the launching ceremony, Kan Chanmeta, secretary of state of the Ministry of Post and Telecommunication, said the federation would be ...

Shanghai Daily News Staff
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=231571

Banks raise concerns for a new derivative trading law

The Association of Banks in Cambodia has called on the Securities and Exchange Commission to ensure that over-the-counter derivatives transacted by banks do not fall under the governance of the new draft prakas governing derivatives trading on Cambodia’s stock exchange. Speaking at a workshop in Phnom ...

Hor Kimsay
http://www.phnompenhpost.com/business/banks-raise-concerns-new-derivative-trading-law

Japanese, Cambodia trade is up 19 per cent

Trade volume between Cambodia and Japan had grown 19 per cent in the first six months of 2013 compared with the same period last year, figures from the Japan External Trade Organisation show. Cambodian exports to Japan were up 31 per cent in the first six ...

http://www.phnompenhpost.com/business/japanese-cambodia-trade-19-cent

Concerns raised over toxic chemicals in Ratanakkiri

An indigenous minority group living in the eastern province of Ratanakkiri is expressing concerns regarding the use of an illegal chemical in fertilisers by some companies who were granted Economic Land Concessions by the government. The Cambodian Centre for Independent Media conducted a field survey ...

Khuon Narim
https://www.khmertimeskh.com/50553688/concerns-raised-over-toxic-chemicals-in-ratanakkiri/

Ministry official questioned over suspected illegal ELCs

A Mondulkiri provincial prosecutor questioned Lor Raksmey, an under-secretary of state at the Ministry of Agriculture, Forest and Fisheries on Wednesday over his alleged involvement in illegally granting economic land concessions (ELCs) covering 9,741ha to a private company. Provincial court spokesman Meas Bros told The ...

Voun Dara
https://www.phnompenhpost.com/national/ministry-official-questioned-over-suspected-illegal-elcs

Savuth summoned over M’kiri ELCs

The Mondulkiri Provincial Court has summoned Ministry of Agriculture, Forestry and Fisheries secretary of state Chan Savuth to appear on September 12 for questioning over his alleged granting of economic land concessions (ELCs). ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/savuth-summoned-over-mondulkiri-elcs

ELC holders put onus for disputes on gov’t

Recently appointed Agriculture Minister Veng Sakhon held a first-ever meeting with economic land concession (ELC) grantees yesterday and was promptly met with a barrage of complaints.   ...

Phak Seangly and Chin Sreyleap
http://www.phnompenhpost.com/national/elc-holders-put-onus-disputes-govt

Land grabbing spreads in Kampot

Hundreds of villagers from various provinces have occupied an economic land concession in Kampot province’s Chhuk district. The land was granted to Chan Sothea, vice president of the Cambodian Chamber of Commerce, and her company First Bio-Tech Agriculture by the Ministry of Agriculture, Forestry and Fisheries ...

Ros Chanveasna
http://www.khmertimeskh.com/5078148/land-grabbing-spreads-kampot/

Cambodia continues selling US dollars to stabilise exchange rates

The National Bank of Cambodia (NBC) announced on September 19 that it will continue holding two auctions of US dollars (each worth 10 million USD) on September 20 and 22, to ensure exchange rate stability, maintain the purchasing power of the Cambodian riel, and support ...

Khmer Times Staff
https://www.khmertimeskh.com/501363489/cambodia-continues-selling-us-dollars-to-stabilise-exchange-rates/

Labour’s 10 per cent rule

The Ministry of Labour has issued a prakas urging employers to follow existing regulations in the Labour Law that limit foreign workers to 10 per cent of the total workforce at any one company. It has warned that failure to stay within this limit – or ...

Sen David and Kevin Ponniah
http://phnompenhpost.com/national/labour%E2%80%99s-10-cent-rule

Hundreds ask for help in disputes

About 500 people representing thousands of families from four provinces who are affected by the development of sugarcane plantations requested intervention from Prime Minister Hun Sen yesterday. ...

Pech Sotheary
http://www.khmertimeskh.com/news/34976/hundreds-ask-for-help-in-disputes/

Ministry eyes school discipline

The Ministry of Education late last week instructed provincial education departments to tighten their management of schools and to discipline teachers who are failing to live up to their responsibilities.  ...

Kong Meta and Yesenia Amaro
http://www.phnompenhpost.com/national/ministry-eyes-school-discipline

CIMC Enric subsidiary signs contract for Cambodia LNG power plant

YPDI (Nanjing Yangzi Petrochemical Design Engineering Limited), a subsidiary of CIMC Enric, and Malaysia ITG petroleum Pty Ltd (ITG oil & gas services (S.E.A) Sdn Bhd) has signed a project design contract for an LNG power plant in Cambodia. The location of the project is ...

Rob Cockerill
http://www.gasworld.com/cimc-enric-in-cambodia-lng-plant-venture/2009565.article

307 small nature tourism projects approved in September

The Ministry of Environment as of September 2022 has approved 307 small-scale ecotourism development projects covering 2,670 hectares in the Natural Resource Protection and Cambodia Biodiversity Conservation Corridor. ...

Sok Sithika
https://www.khmertimeskh.com/501161817/307-small-nature-tourism-projects-approved-in-september/

Banks give students some tips

The first Banking Careers Forum, organised on Friday by CamEd Business School with the support of leading banks and Micro Finance Institutions (MFIs), attracted hundreds of students –  the majority of them studying accounting and banking – to participate and find job opportunities in the ...

http://www.phnompenhpost.com/2013010760648/Business/banks-give-students-some-tips.html

Myanmar’s economic promise no threat to investment here: experts

Myanmar’s moves toward economic and political reform would not subtract from Cambodia’s regular stream of foreign investment, experts and insiders said – at least not in the short run. Word of an investor-friendly Myanmar has spread quickly with the US’s partial waiver on trade sanctions in ...

http://www.phnompenhpost.com/index.php/2012033055328/Business/myanmars-economic-promise-no-threat-to-investment-here-experts.html

Credit growth poses economic risk, IMF warns

Rapid credit growth – increasingly financed by bank flows from abroad – poses significant risk to Cambodia’s economy and requires prudential policies to cool lending and reduce exposure, the International Monetary Fund (IMF) warned in a report released yesterday. It said while Cambodia’s short-term economic ...

Cam McGrath
http://www.phnompenhpost.com/business/credit-growth-poses-economic-risk-imf-warns

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