Loans offer for rice harvest
The government has injected another $23 million through the Rural Development Bank (RDB) to provide loans to rice mills and exporters who lack working capital to buy rice from farmers in the up-coming harvest season and stabilise the rice price. ...
Sok Chan
http://www.khmertimeskh.com/5077015/loans-offer-rice-harvest/
Cambodia targets small and medium enterprises from Japan
Prime Minister Hun Sen said that Cambodia was eager to have Japanese investors to build factories and produce goods for exports to the world market. The premier made comments during his meeting on Sunday with Tishimitsu Gotegi, Minister of Ministry of Economy, Commerce and Industry of ...
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=OGMyOTU2M2QzMGI
Resurgent mobile deals could hurt margins, analysts say
‘Top up $2 and get 30 free minutes daily for 20 days. Top up $5 and expand the same offer for a month. And, for a $10 recharge, that half-an-hour freebie lasts 50 days.” Mobile operator Beeline, which announced the promotion in August, called it “another ...
Anne Renzenbrink
http://www.phnompenhpost.com/business/resurgent-mobile-deals-could-hurt-margins-analysts-say
New owners, old story
An existing moratorium on economic land concessions should be no impediment to pouring more cash into the Kingdom’s booming, and highly criticised, rubber trade, industry executives in the capital heard yesterday, as many current ELCs can simply be recycled to a new crop of investors. Ly ...
Daniel Pye
http://www.phnompenhpost.com/national/new-owners-old-story
Asia heatwave: Ministry says Cambodia temperatures could reach 42 °C, as at least 30 die in Thailand from heat
As Cambodia swelters under one of the most extreme heatwaves in recent years – with temperatures predicted to reach 42 °C – neighbouring Thailand has seen at least 30 deaths attributed to the high temperatures this year. ...
Khmer Times Staff
https://www.khmertimeskh.com/501478750/asia-heatwave-ministry-says-cambodia-temperatures-could-reach-42-c-as-at-least-30-die-in-thailand-from-heat/
Sleeker tax system nets more revenue
Efforts to introduce an effective, modern taxation system appear to be paying off as government coffers swelled last year, giving the state more revenue to use for development at a time when donor aid is drying up. ...
Hor Kimsay
http://www.phnompenhpost.com/business/sleeker-tax-system-nets-more-revenue
Justice ministry to join committee to settle strikes
Officials at the Ministry Of Justice will join members Of the Labor Ministry, local authorities, police and provincial governors on the Committee for the Settlement Of Strikes and Demonstrations after a union leader requested they be included. ...
Mom Kunthear
http://www.khmertimeskh.com/news/25283/justice-ministry-to-join-committee-to-settle-strikes/
Japanese investment worth $1.6 billion in 2017
With over 130 registered projects in banking, manufacturing, agriculture, service and infrastructure, among other sectors, Japanese investment in the kingdom was valued at $1.6 billion in 2017, according to the Council for the Development of Cambodia (CDC). ...
Chea Vannak
http://www.khmertimeskh.com/50109243/japanese-investment-worth-1-6-billion-2017/
Students protest over inability to sit exams
Nearly 200 midwives and nursing students at the International University in Phnom Penh’s Sen Sok district protested yesterday after reportedly being denied the necessary documents required to sit the Ministry of Health’s state civil servant exam this summer. ...
Sen David
http://www.phnompenhpost.com/national/students-protest-over-inability-sit-exams
Trafficking, trauma linked: study
Nearly two-thirds of surveyed survivors of human trafficking in Southeast Asia show symptoms of depression, while another 40 per cent suffer from post-traumatic stress disorder, according to a new study. ...
Laignee Barron
http://www.phnompenhpost.com/trafficking-trauma-linked-study
Largest-ever meth case goes to trial; suspects claim innocence
A young woman accused in the largest methamphetamine seizure in Cambodian history stood trial at the Phnom Penh Municipal Court on Wednesday, retracting her initial admission of guilt and pinning the blame on her former lover. ...
Khy Sovuthy
https://www.cambodiadaily.com/news/largest-ever-meth-case-goes-to-trial-suspects-claim-innocence-115114/
Finance ministry sets forth rough plans for 2016 budget
The Ministry of Finance unveiled its strategic plan for next year’s budget during a forum Tuesday at the ministry in Phnom Penh, placing a focus on increasing state revenue, ramping up industrial productivity and spreading the benefits of economic expansion. ...
Kang Sothear
https://www.cambodiadaily.com/news/finance-ministry-sets-forth-rough-plans-for-2016-budget-81622/
Bundith Fails to Show Up at Retrial for Triple Shooting
Former Bavet City governor Chhouk Bundith failed to show up Wednesday for the first day of his long-awaited retrial at Svay Rieng Provincial Court for his alleged involvement in a shooting that left three workers wounded, court officials said. According to provincial Judge Leang Sour, Mr. ...
http://www.cambodiadaily.com/news/bundith-fails-to-show-up-at-retrial-for-triple-shooting-30758/
Tourism Industry's Growth Offers Job Creation For Local Labor Force
PHNOM PENH: Cambodia is trying to boost the tourism industry after its contribution to economic growth and offering job creation as ASEAN economic integration 2015 is moving and the free flow of workforce mobilization has been needed to help ensure steady growth. Cambodia’s tourism sector, in 2011, offered 350,000 direct jobs and millions of ...
Four years on, arbitration center a step closer to taking cases
Nearly four years after it was established by the Commerce Ministry and one year on from its official launch, the National Commercial Arbitration Center (NCAC) held its first annual assembly Friday. The NCAC was set up in 2010 to provide businesses with an alternative to the ...
Ang Sothear and Holly Robertson
http://www.cambodiadaily.com/business/four-years-on-arbitration-center-a-step-closer-to-taking-cases-63898/
ILO to name unsafe Cambodia garment factories
The ILO is preparing to name Cambodian garment factories failing to comply with local safety requirements. The International Labour Organisation says Cambodian garment factories refusing to comply with safety requirements have one last chance before they are named and shamed. Jill Tucker, chief technical advisor for ...
Vehicle registration lists to be computerised
The Ministry of Public Works and Transport is developing an electronic vehicle registration system to be brought in by the end of this year, said Minister Sun Chanthol during the opening of a driver’s licence centre at Aeon Mall yesterday. ...
Pech Sotheary
http://www.phnompenhpost.com/national/vehicle-registration-lists-be-computerised
Bracing for protests, authorities to prevent citizens from entering capital for Sokha trial
Anticipating popular unrest surrounding the “treason” trial of opposition leader Kem Sokha, Minister of Interior Sar Kheng on Friday instructed provincial governors, police chiefs and officers to block people from travelling to the capital and to prevent any attempts at demonstrations. ...
Mech Dara and Ananth Baliga
http://www.phnompenhpost.com/national/bracing-protests-authorities-prevent-citizens-entering-capital-sokha-trial
BRED bank to carve out a niche in the market
Bred Banque Populaire – part of the second-largest banking group in France – officially launched operations in Cambodia yesterday after a ribbon-cutting ceremony at its headquarters, marking the first venture of a European bank in the Kingdom since the late 1990s. ...
Hor Kimsay
http://www.phnompenhpost.com/business/bred-bank-carve-out-niche-market
Capital ferry hosts official launch
The Ministry of Public Works and Transport said caretaker Prime Minister Hun Sen presided over the official launch of a ferry service that has been operating for the past three months. The service takes passengers along the Tonle Sap and Tonle Bassac rivers, making three ...
Hin Pisei
https://www.phnompenhpost.com/business/capital-ferry-hosts-official-launch