Japanese Mizuho Bank looks into Cambodian financial sector
Mizuho Bank, one of Japan’s largest banks, opened a representative office here Monday thanks to increasing interest in Cambodia by Japanese investors, a bank official said. To date, Cambodia has five foreign banks’ representative offices, 34 commercial banks, seven specialized banks and 37 microfinance institutions, ...
http://news.xinhuanet.com/english/world/2013-07/08/c_132522621.htm
Life miserable, help us: Montagnard refugees
Eight ethnic Jarai Montagnard Christians who fled alleged persecution in Vietnam and sought refuge in Cambodia are living in poor conditions, one of the refugees told Khmer Times yesterday. ...
May Titthara
http://www.khmertimeskh.com/news/19259/life-miserable--help-us--montagnard-refugees/
Cambodia’s hydroelectric question: China power and the environment
Discussion about hydroelectric power plants in Cambodia tends to focus on two aspects, both negative. One is an overdependence on Chinese investment, and the other is a relatively disproportionate focus on the environmental impacts of hydroelectric power. Chinese influence Most hydroelectric power plants in Cambodia are associated ...
Sim Vireak
http://thediplomat.com/2014/07/cambodias-hydroelectric-question-china-power-and-the-environment/
Chinese equipment maker eyes Cambodia
Sany Heavy Industry, one of the biggest manufacturers of heavy construction machInery In ChIna’s Hunan provInce, plans to expand In Cambodia to tap Into risIng Infrastructure development. ...
May Kunmakara
http://www.khmertimeskh.com/news/37672/chinese-equipment-maker-eyes-cambodia/
CMAC to receive $1.2 million for 2018 project
The Cambodian Mine Action Centre will receive $1.2 million from the United Nations Development Program for a one-year mine clearance project in three provinces in 2018. ...
Pech Sotheary
http://www.khmertimeskh.com/5098732/cmac-recieve-1-2-million-2018-project/
Lightning strikes kill two as return of colder temps predicted
Two people were killed and one injured in three separate lightning strikes in Pursat and Prey Veng provinces on Monday, according to the National Committee for Disaster Management. ...
Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/lightning-strikes-kill-two-return-colder-temps-predicted
Migrants rounded up
Nearly 30 Nigerian nationals and one Filipino were arrested in Phnom Penh’s Por Sen Chey district yesterday after being found to be living in the Kingdom unlawfully. ...
Sen David
http://www.phnompenhpost.com/national/migrants-rounded
Global hotel group sees profits rise 20 per cent
IntercontInental Hotels Group, one of the world’s leadIng hotel companies and operator of InterContInental Hotels & Resorts – one of whose hotels is located In Phnom Penh – said first-half-of-year profits rose 20 per cent on strong gaIns In the Americas region. AccordIng to a statement ...
http://www.phnompenhpost.com/business/global-hotel-group-sees-profits-rise-20-cent
City Hall Calls On Angkor Beer Promoters to Protest Peacefully
Phnom Penh City Hall yesterday warned Angkor Beer promoters to protest peacefully until a resolution could be reached on their pay claims, a union representative said. Protests held by the Angkor Beer promoters turned violent on Tuesday evening, with one promoter hospitalized after protestors clashed ...
Questions Raised Over Quarry Crackdown
The Phnom Penh municipal government issued a warning to those operating unlicensed sand quarries after a military helicopter plunged into one killing four people on Monday, but some questioned City Hall’s motives and commitment. The statement, dated Tuesday and signed by Governor Pa Socheatvong, came a ...
Khy Sovuthy
http://www.cambodiadaily.com/news/questions-raised-over-quarry-crackdown-64436/
CCIM reporter’s case dropped
The Phnom Penh Municipal Court has dismissed without any explanation a lawsuit filed by the Cambodian Center for Independent Media (CCIM) after one of its reporters was viciously attacked by Daun Penh district security guards In May. Lay Samean, a 27-year-old reporter for CCIM’s Voice of ...
Sen David
http://www.phnompenhpost.com/national/ccim-reporters-case-dropped
Borei Keila families take compensation
Almost 20 Borei Keila families have decided to accept compensation in one of the country’s most prominent and longstanding land disputes. ...
Soth Koemsoeun and Leonie Kijewski
http://www.phnompenhpost.com/national/borei-keila-families-take-compensation
Start-up for refinery construction
Construction of phase one of a landmark $3 billion oil refining plant kicks off today in Sihanoukville province, after many delays since the company announced plans in December 2012. ...
May Kunmakara
http://www.khmertimeskh.com/news/38015/start-up-for-refinery-construction/
Cambodia growth to continue, but development faces shortfalls
Despite steady economic growth in recent years, Cambodia remains one of the least-developed countries in the Asia-Pacific region and faces the challenge of diversifying its economy and moving up the production value chain, the U.N. Economic and Social Commission for Asia and the Pacific (ESCAP) ...
Lauren Crothers, P. 20
http://The Cambodia Daily
Japanese Bank to Sign Agreement With Acleda
One of the largest banks in Japan, Sumimoto Mitsui Banking Co., will sign an agreement with Acleda Bank Friday to share market data and banking services, Acleda announced yesterday. The deal would allow Sumimoto Mitsui, which currently only has a representative branch in Cambodia, to access ...
Immigration arrests illegal foreigners
The Ministry of interior’s department of immigration temporarily arrested 31 foreign nationals, including one Frenchman, on suspicion of staying in the Kingdom illegally in raids of two businesses in the capital yesterday. ...
Pav Suy
http://www.khmertimeskh.com/news/27484/immigration-arrests-illegal-foreigners/
China providing more funds for infrastructure
China is providing increased funds for building and repairing Cambodian roads, and for water and land transportation projects, said Chinese Ambassador to Cambodia Bu Jian Guo at a workshop at the Senate yesterday called “One Belt, One Road.” ...
Men Sonita and Va Sonyka
http://www.khmertimeskh.com/news/13032/china-providing-more-funds-for-infrastructure/
Chinese navy hails Cambodian support
A deputy commander in the Chinese navy has praised Cambodia for supporting Beijing’s negotiations on issues in the South China Sea and the One-China stance on world affairs. ...
Khmer Times
http://www.khmertimeskh.com/5084271/chinese-navy-hails-cambodian-support/
Cambodia prepares to talk with China over bilateral cooperation promotion
Cambodia held an inter- ministerial meeting on Monday to discuss and prepare documents for a talk with China in November in order to further enhance bilateral ties and cooperation, officials said. Koy Kuong, spokesman for the Ministry of Foreign Affairs, said that the Monday’s meeting ...
Global Times News Staff
http://www.globaltimes.cn/content/817635.shtml#.Ul0kxlBgd8E
Cambodian Public Bank symbolizes close ties between Malaysia and Cambodia
Malaysia’s award-winning Public Bank, which is celebrating its 50th Golden Jubilee this year, is one of the first foreign banks to open its door in Cambodia in 1992. ...
Khmer Time Team
http://www.khmertimeskh.com/news/25641/cambodian-public-bank-symbolizes-close-ties--between-malaysia-and-cambodia/