Local bond market on the horizon
The government is preparing legislation to regulate the establishment of a corporate bond market that would give local companies a new debt instrument to raise capital for their operations or expansion. ...
Brian Ng
http://www.phnompenhpost.com/business/local-bond-market-horizon
Microloans work for some, leave many in debt
Nearly everyone living in Pann Sopheatra’s village, just across the Mekong River from Phnom Penh, has either taken out a microfinance loan or knows someone who has. ...
Matt Surrusco and Buth Kimsay
https://www.cambodiadaily.com/news/microloans-work-for-some-leave-many-in-debt-126762/
Nigerians in meth bust lacked passports, visas
Nine Nigerian nationals arrested by police in Phnom Penh on Sunday night for possession and distribution of crystal methamphetamine were in Cambodia without passports or valid visas, an anti-drug police chief said. ...
Saing Soenthrith and Simon Henderson
http://www.cambodiadaily.com/news/nigerians-in-meth-bust-lacked-passports-visas-71204/
NGOs to be restricted during election campaigns
The ruling CPP and opposition CNRP on Friday agreed that civil society groups would be banned from giving media interviews and issuing statements that “insult” political parties or candidates during election campaign periods. ...
Kuch Naren
https://www.cambodiadaily.com/news/ngos-to-be-restricted-during-election%E2%80%88campaigns-76343/
Municipal court delays trial of 11 CNRP figures
The Phnom Penh Municipal Court on Monday delayed the trial of 11 CNRP activists facing harsh sentences for protest-related charges, but did not explain the delay or set a new trial date. ...
Khy Sovuthy
https://www.cambodiadaily.com/news/municipal-court-delays-trial-of-11-cnrp-figures-82221/
Ministry claims NGO’s land dispute numbers misleading
The Ministry of Land Management has again accused rights group Licadho of spreading false data that shows that the number of families embroiled in new or intensifying land disputes jumped threefold last year. ...
Kang Sothear
https://www.cambodiadaily.com/news/ministry-claims-ngos-land-dispute-numbers-misleading-90425/
Cambodia may find new rice market in Manila
Low international rice prices have further stymied Cambodia’s milled-rice exports, millers reported yesterday, but large orders – reportedly the first ever – from the Philippines have encouraged at least one of the Kingdom’s biggest rice exporters. Mega Green Imex Cambodia this year to date has received ...
Angkor Gold cashes in on Cambodia
It has been just over a year since Vancouver-based Angkor Gold (ANK-V) went public with its stable of Cambodian exploration projects, and it is looking like the company’s early mover strategy in the developing Southeast Asian nation might be poised to pay off. To kick ...
http://www.northernminer.com/news/angkor-gold-cashes-in-on-cambodia/1001981285/?type=HotSectors
Land rights have key role in Cambodia
Faced with widespread evictions and opaque private sector deals, activists in Cambodia are calling on the government to be more open and transparent about land concessions, beef up mechanisms for resolving land disputes, and abide by the rule of law. It is estimated that ...
http://www.gulf-times.com/asean-philippines/188/details/345724/land-rights-have-key-role-in-cambodia
Svay Rieng Workers Strike Again, Throw Rocks
Police briefly detained 13 garment factory workers on Thursday after about 20,000 workers, some throwing rocks, continued a strike that began Monday in Svay Rieng province’s Bavet City over wages and working conditions, a union official and police said. Union leaders had on Wednesday evening agreed ...
Aun Pheap and Alex Willemyns
http://www.cambodiadaily.com/news/svay-rieng-workers-strike-again-throw-rocks-49506/
Gov’t Unveils Legal Plan to Break Garment Industry Strike
As mass demonstrations by garment factory workers continued Monday, the government laid out plans to bring an end to the labor unrest within the next three days, including suing union leaders in the courts and mobilizing security forces to take unspecified action. Signed by Council ...
Aun Pheap and Colin Meyn
http://www.cambodiadaily.com/news/govt-unveils-legal-plan-to-break-garment-industry-strike-49763/
Regulator to Review Minimum Prices for Calls
An official at the Telecommunication Regulator of Cambodia (TRC) said Wednesday that the body plans to review and possibly lower the current minimum price per call after it recently ordered the country’s seven mobile phone operators to abide by a law that sets minimum call ...
Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/regulator-to-review-minimum-prices-for-calls-48616/
Singapore Invests in New Cambodian Bank
An investment company owned by the Singaporean government is a minority partner in a fully licensed commercial bank set to open later this month in cooperation with Canadia Bank PLC and the country’s postal service, a source familiar with the deal confirmed Tuesday. Fullerton Financial Holdings, ...
Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/singapore-invests-in-new-cambodian-bank-42137/
Doing Business in Cambodia Becoming More Difficult
Cambodia ranked 137 out of 189 countries in the World Bank’s Doing Business 2014 report released Tuesday, the first drop in at least two years that shows conducting business in the country is becoming more difficult. The report ranks countries in 10 categories, including starting a ...
Joshua Wilwohl and Aun Pheap
http://www.cambodiadaily.com/business/doing-business-in-cambodia-becoming-more-difficult-46243/
Sugar Firm Offers Defense After Call for Probe of EU Trade Links
The director of a CPP senator’s sugar plantation accused of stealing land from hundreds of families said Wednesday that most locals were happy with the new jobs the plantation has generated, a week after a visiting European Union parliamentarian renewed calls for an investigation of ...
Zsombor Peter
http://www.cambodiadaily.com/news/sugar-firm-offers-defense-after-call-for-probe-of-eu-trade-links-51545/
Garment union president in court over incitement allegations
Ath Thorn, the president of the union that led strikes at the SL Garment Factory last year, appeared before the Phnom Penh Municipal Court on Tuesday for questioning over allegations of incitement. The Coalition of Cambodian Apparel Workers Democratic Union (CCAWDU), headed by Mr. Thorn, spearheaded ...
Mech Dara
http://www.cambodiadaily.com/news/garment-union-president-in-court-over-incitement-allegations-56136/
Free Trade Union Reports Overall Jump in Labor Strikes in 2013
The Free Trade Union (FTU) on Monday reported an overall increase in industrial action by its local branches last year with 136 total strikes in the first 11 months of 2013, up 35 percent from all of 2012, when there were 101 strikes by its ...
IMF: Make youth a demographic dividend
The International Monetary Fund says Cambodia’s young population compared with other regional countries will be a driving force for financial development and contribute to the emerging finance technology sector, or Fintech. ...
May Kunmakara
http://www.khmertimeskh.com/news/39134/imf--make-youth-a-demographic-dividend/
Kingdom’s prospects for fintech discussed
While financial technology, or fintech, has made little traction so far in Cambodia, panellists at a conference in Phnom Penh on Friday expressed confidence that the sector was poised for rapid growth. ...
Robin Spiess
http://www.phnompenhpost.com/business/kingdoms-prospects-fintech-discussed
Deadline arrives for Borei Keila residents
Villagers in one of Phnom Penh’s fiercest land disputes said yesterday they are determined to stay in Borei Keila despite today’s deadline to either accept compensation or leave with nothing. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/deadline-arrives-borei-keila-residents