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U.N officers admires Cambodia’s success in the fight against HIV/AIDS

The United Nations has expressed admiration to Cambodia for having responded successfully to the spread of HIV/AIDS, reported the state news agency-AKP. According to an official report, Cambodia has currently over 700,000 people living with HIV/AIDS and some 500,000 of them are receiving antiretroviral treatment. ...

The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/un-officers-admires-cambodia%E2%80%99s-success-in-the-fight-against-hivaids-9057

Cambodia is open for investment, PM tells America

Prime Minister Hun Sen yesterday made a direct appeal to businesses in the United States to increase investment in Cambodia, ahead of the US-ASEAN Summit in Sunnylands California, and just days after Deputy Prime Minister Sok An spoke with officials from the US Embassy here ...

Chea Vannak
http://www.khmertimeskh.com/news/21410/cambodia-is-open-for-investment--pm-tells-america/

In sweeping address, PM defends border work

In a three-hour speech delivered on state television, Prime Minister Hun Sen on Tuesday said his government has not ceded a single meter of land while demarcating Cambodia’s border with Vietnam. He also threatened further arrests of border critics and warned that war would break ...

Kuch Naren
https://www.cambodiadaily.com/news/in-sweeping-address-pm-defends-border-work-93682/

Business briefs

The Cambodia Securities Exchange yesterday said it had approved “in principle” the eligibility of stated-owned Phnom Penh Autonomous Port (PPAP) to list on the bourse, according to the press release from the exchange. “Cambodia Securities Exchange (CSX) has approved in principle the listing eligibility of ...

Khmer Times team
http://www.khmertimeskh.com/news/16249/business-briefs/

Renewables receive $30M funding boost

The Ministry of Mines and Energy has received $30 million in funding from the Scaling Up Renewable Energy in Low-Income Countries Program (SREP) – an arm of the global Climate Investment Funds initiative – for a solar energy development program that includes home systems, mini-grids ...

Kali Kotoski
http://www.phnompenhpost.com/business/renewables-receive-30m-funding-boost

SAC shipping center opens

The launching ceremony of the Agro-products Cooperative (SAC) shipping center in Svay Rieng province last week took place in the presence of several dignitaries, including Fujimoto Toshiki, the second secretary of the Japanese embassy, Mam Amnot, secretary of state at the Ministry of Agriculture, and ...

Tin Sokhavuth
http://www.khmertimeskh.com/news/29325/sac-shipping-center-opens/

Hun Sen’s ‘vision’ would see him bypass National Assembly, shrink cabinet

During a cabinet meeting on Friday, Prime Minister Hun Sen announced a “vision” to shrink the country’s cabinet by excluding secretaries and undersecretaries of state from the body, and to be given the right to bypass the National Assembly by appointing them directly, according to ...

Mech Dara and Yesenia Amaro
http://www.phnompenhpost.com/national-politics/hun-sens-vision-would-see-him-bypass-national-assembly-shrink-cabinet

Cambodia plunges in democracy survey after CNRP dissolution

The state of democracy in Cambodia has declined to the point where it is now led by an outright “authoritarian” regime, according to the latest Democracy Index from the Economist Intelligence Unit. The Democracy Index 2017, released yesterday, ranked Cambodia 124th out of 167 countries, ...

Erin Handley
http://www.phnompenhpost.com/national/cambodia-plunges-democracy-survey-after-cnrp-dissolution

Navy to hold exercises with US sailors off coast

Cambodian Navy personnel are preparing to hold joint exercises with counterparts from the United States next month, an official said yesterday. Mey Dina, deputy commander and chief of staff of the Royal Cambodian Armed Force’s Navy, said about 200 officers from both countries would begin the ...

Vong Sokheng
http://www.phnompenhpost.com/national/navy-hold-exercises-us-sailors-coast

US answers citizenship threat by PM

The U.S. Embassy has responded to Prime Minister Hun Sen’s threat to revoke his grandchild’s citizenship, saying it could not confirm whether any of his grandchildren in fact held U.S. citizenship, but directed him to the U.S. State Department website for help in case he ...

Ben Paviour
https://www.cambodiadaily.com/news/us-answers-citizenship-threat-by-pm-133291/

Ministry shutters NDI for Lango violations as US Embassy hits back

The Cambodian Foreign Ministry yesterday announced that it was halting the operations of the US State Department-funded National Democratic Institute (NDI) and expelling all its foreign staff from the Kingdom in the next week – a move that prompted the US Embassy to fire back ...

Ananth Baliga
http://www.phnompenhpost.com/national/ministry-shutters-ndi-lango-violations-us-embassy-hits-back

Workers to be informed of their labour rights

The Labour Ministry will send more than 200 trainers to factories and relevant institutes to educate workers about labour rights. Speaking to reporters on Wednesday, Soeung Sarsochetta, secretary of state at the Labour Ministry, said 250 trainers from the Labour Ministry would go to factories, businesses ...

Mom Kunthear
http://www.khmertimeskh.com/50114377/workers-to-be-informed-of-their-labour-rights/

Water utility says order to drop rates will not dilute its revenues

Prime Minister Hun Sen’s order for the capital’s water supplier to lower its rates and compensate customers for charges incurred under a new payment scheme introduced in May will not have a significant impact on the company’s revenue or growth plans, a finance officer at ...

Hor Kimsay
http://www.phnompenhpost.com/business/water-utility-says-order-drop-rates-will-not-dilute-its-revenues

Superhighway network opens in Cambodia

Viet Nam and Cambodia have jointly launched a Superhighway Telecom Network which is expected to improve internet and telecommunication services in Cambodia and meet customer demands. State-owned Viet Nam Telecom International (VTI) and Telecom Cambodia (TC) inaugurated the 260-km link, which connects VTI’s POP (Point of Presence) in Phnom Penh to HCM City, last Friday. ...

http://thesoutheastasiaweekly.com

Acleda sets aside $39M for branch expansion

Acleda Bank has reinvested $39 million of profits back into its operations instead of paying out dividends to shareholders, an announcement on its website states. It is the 11th time Alceda has opted to increase registered capital, with the latest top-up taking the bank’s total capital ...

May Kunmakara
http://www.phnompenhpost.com/business/acleda-sets-aside-39m-branch-expansion

KNLF remains on police radar

With 10 alleged members of the “terrorist” Khmer National Liberation Front (KNLF) facing charges of treason, police yesterday threatened further arrests in Cambodia and abroad. The KNUF, or Tiger Head Movement, was accused of attempting to bomb the Cambodia-Vietnamese Friendship Monument in 2007, and the ...

Taing Vida
http://www.phnompenhpost.com/national/knlf-remains-police-radar

Official says $200,000 in fines collected from foreigners without work permits

Since a nationwide census of foreigners began in August, fines totalling nearly $200,000 have been paid into government coffers, an immigration official told the Post yesterday. “According to the law, the immigration police can fine them 200,000 riel [about $49] to 500,000 riel and this ...

Cheang Sokha and Alice Cuddy
http://www.phnompenhpost.com/national/official-says-200000-fines-collected-foreigners-without-work-permits

KPMG buys Premier Consulting

KPMG Cambodia has bought out one of its local competitors in an effort to position itself as a leader in accounting, taxation and advisory services before ASEAN integration later this year. A statement issued Friday by KPMG states that the firm acquired Premier Consulting (Cambodia) Limited, ...

May Kunmakara
http://www.phnompenhpost.com/business/kpmg-buys-premier-consulting

Government considering national oil company

The Ministry of Mines and Energy is in the early stages of developing a national oil company, a ministry spokesman said Wednesday. Meng Saktheara, who is also a secretary of state, said his ministry had been working with the Finance Ministry to assess the risks of ...

Kang Sothear and Chris Mueller
https://www.cambodiadaily.com/news/government-considering-national-oil-company-79538/

US losing by pressuring nations not to join Asia bank

For months, the Obama administration has been putting pressure on its allies, such as Australia, Japan and South Korea, not to join the Asia Infrastructure Investment Bank (AIIB), which Washington sees as a potential rival to the World Bank and Asian Development Bank, which are ...

Chen Weihua
http://usa.chinadaily.com.cn/opinion/2015-03/16/content_19817978.htm

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